Wells Fargo

Wells Fargo is an American multinational banking and financial services holding company with operations around the world. The Company delineates three different business segments: Community Banking, Wholesale Banking, and Wealth, Brokerage and Retirement. 

Company Growth (employees)
San Francisco, US
Size (employees)
268,000 (est)
Wells Fargo was founded in 1852 and is headquartered in San Francisco, US

Key People/Management at Wells Fargo

Timothy Sloan

Timothy Sloan

Chief Executive Officer and President
Mary Mack

Mary Mack

Senior EVP, Community Banking
Perry Pelos

Perry Pelos

Senior EVP, Wholesale Banking
Avid Modjtabai

Avid Modjtabai

Senior EVP, Payments, Virtual Solutions and Innovation
Richard Levy

Richard Levy

EVP, Controller
Michael Loughlin

Michael Loughlin

Senior EVP, Chief Risk Officer
C. Allen Parker

C. Allen Parker

Senior EVP, General Counsel
John Shrewsberry

John Shrewsberry

Senior EVP, Chief Financial Officer
Jonathan Weiss

Jonathan Weiss

Senior EVP, Wealth and Investment Management

Wells Fargo Office Locations

Wells Fargo has offices in San Francisco, Shanghai, Frankfurt, Hong Kong and in 6 other locations
Shanghai, CN
Unit 30, 32F, Shanghai World Financial Center , 100 Century Avenue, Pudong New Area
Frankfurt, DE
Wells Fargo Bank International, Frankfurt Branch, An der Hauptwache 7
Hong Kong, HK
27/F, Three Pacific Place, 1 Queen’s Road East
Tokyo, JP
Marunouchi Trust Main Tower , 24th Floor, 1-8-3, Marunouchi, Chiyoda-ku
Seoul, KR
3rd Floor - Hancom Building , D3021, Sogong-dong, Chung-ku
Taipei, TW
17th Floor , 44 Chung Shan North Road, D37, Sec. 2
Show all (10)

Wells Fargo Financials and Metrics

Wells Fargo Financials

Wells Fargo's revenue was reported to be $94.2 b in FY, 2016

Revenue (Q3, 2017)

24.5 b

Gross profit (Q3, 2017)

21.9 b

Gross profit margin (Q3, 2017), %


EBIT (Q3, 2017)

12.5 b

Market capitalization (22-Dec-2017)

307.6 b

Cash (30-Sep-2017)

19.2 b


621.2 b
Wells Fargo's current market capitalization is $307.6 b.
USDFY, 2014FY, 2015FY, 2016


88.4 b90 b94.2 b

Revenue growth, %


Cost of goods sold

4 b4 b5.9 b

Gross profit

84.3 b86.1 b88.3 b
USDQ1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017


21.6 b22.1 b22.2 b22.3 b22.3 b22.9 b23.5 b23.6 b23.9 b23.9 b24.4 b24.5 b

Cost of goods sold

997 m1 b1 b977 m956 m988 m1.3 b1.4 b1.5 b1.9 b2.2 b2.6 b

Gross profit

20.6 b21.1 b21.2 b21.3 b21.3 b21.9 b22.2 b22.2 b22.3 b22 b22.2 b21.9 b

Gross profit Margin, %

USDFY, 2014FY, 2015FY, 2016


19.6 b19.1 b20.7 b


8.7 b8.7 b8.3 b


25.7 b25.5 b26.7 b

Total Assets

1.7 t1.8 t1.9 t
USDQ1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017


19.7 b20.6 b18 b19.8 b19.7 b17.4 b19.1 b20.4 b19.3 b19.7 b20.2 b19.2 b


826 b829 b839 b861 b888 b903 b947 b957 b961 b958 b957 b952 b


9 b9 b8.8 b8.7 b8.7 b8.8 b8.3 b8.3 b8.3 b8.3 b8.4 b8.4 b


25.6 b25.7 b25.7 b25.7 b25.7 b25.7 b27 b27 b26.7 b26.7 b26.6 b26.6 b
USDFY, 2014FY, 2015FY, 2016

Depreciation and Amortization

2.5 b3.3 b5 b

Accounts Receivable

(372 m)(623 m)

Accounts Payable

119 m160 m

Cash From Operating Activities

17.5 b14.8 b169 m
USDQ1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017

Depreciation and Amortization

571 m1.3 b1.9 b727 m1.6 b2.4 b1.3 b2.2 b3.6 b1.2 b2.5 b3.8 b

Accounts Receivable

(139 m)3 m(548 m)(300 m)(382 m)(643 m)(247 m)(272 m)(419 m)

Accounts Payable

221 m326 m238 m76 m186 m79 m251 m361 m333 m

Cash From Operating Activities

2.8 b(398 m)14.7 b2.5 b864 m19.8 b5.3 b(2.1 b)(4.5 b)13.2 b9 b18.5 b
USDY, 2017


49.8 x


33.6 x


91.4 k


1.6 x


0.2 x

Financial Leverage

9.3 x
Show all financial metrics

Wells Fargo Operating Metrics

Wells Fargo's Total Loans Issued was reported to be $951.9 b in Q3, 2017. Wells Fargo's Customers was reported to be 70 m in Nov, 2017
FY, 2014FY, 2015Q1, 2016Q2, 2016Q3, 2016FY, 2016Q1, 2017Q2, 2017Q3, 2017Nov, 2017

Total Loans Issued

$863 b$917 b$947.3 b$957.2 b$961.3 b$968 b$958.4 b$957.4 b$951.87 b

Interactions per Year

58.8 m55.3 m

Average Number Of Active Credit Card Accounts

7.5 m7.6 m7.8 m7.9 m7.6 m7.7 m

Mobile Communication Customers

27.4 m27.4 m27.3 m27.9 m27.9 m27.8 m
Show all operating metrics

Wells Fargo Acquisitions / Subsidiaries

Acquired CompanyDateDeal Size
Eastdil Secured
Falcon Asset Management
IntraWest Asset Management,
Komondor Funding
Monument Street Funding
Pelican Asset Management
PRN Holdings
Sirius Funding
Wells Fargo Auto Receivables
Wells Fargo Bank International Unlimited Company
Wells Fargo Financial
Wells Fargo Municipal Capital Strategies
FNL Insurance Company
Greenfield Funding
Mastiff Funding
Norwest Equity Partners IX
Norwest Financial Funding
REDUS Properties
Salvo Finance GP
Trade School Finance LLC
Wells Fargo Bank, National Association
Wells Fargo Funds Management
Azalea Asset Management
Biscoe Finance
Carnation Asset Management
Eastdil Secured Broker Services
Wells Fargo Bank South Central
Wells Fargo Capital Finance
Wells Fargo Community Development Corporation
Wells Fargo Community Investment Holdings
Wells Fargo Equipment Finance
Wells Fargo Principal Lending
Silver Asset Management
Wells Fargo Affordable Housing Community Development Corporation
Danube Holdings I C.V.
EVEREN Capital Corporation
Island Finance Holding Company
Peony Asset Management
Pheasant Asset Management
Pumi Funding
Stagecoach Wagon Wheel
Wells Fargo Dealer Floorplan Master Note Trust
Wells Fargo Funding
Wells Fargo Home Mortgage Real Estate Funding 1
Wells Fargo Insurance Re
Wells Fargo International B.V.
Wells Fargo Preferred Funding Holding Corp
Wells Fargo Securities
Augustus Ventures Limited
Bergamasco Funding
Brittlebush Financing
Pyrenees Funding
The Thirty-Eight Hundred Fund
Union Hamilton Reinsurance
Violet Asset Management
Wachovia Trade Finance Corporation
Wells Capital Management Incorporated
Wells Fargo Clearing Services
Wells Fargo Commercial Distribution Finance
Wells Fargo Distribution Finance
Wells Fargo Financial Leasing
Wells Fargo Financial National Bank
Wells Fargo Insurance
Wells Fargo Real Estate Investment Corporation
Mulberry Asset Management
Norwest Venture Partners IX
Wells Fargo Investment Group
Wells Fargo Rail Corporation
Iapetus Funding
OmniPlus Capital Corporation
Sagebrush Asset Management
Sparta GP Holding
Wells Fargo Municipal Funding
Wells Fargo Vendor Financial Services
Wells Fargo Wind Holdings LLC
WFC Holdings Corporation
Whippet Funding
Merlin SecuritiesApril 27, 2012
Ragen MackenzieSeptember 28, 1999$240 m

Wells Fargo Market Value History

Wells Fargo Revenue Breakdown

Source: github.com

Wells Fargo Median Salaries

Source: 386 public H-1B filings from Wells Fargo
Show all human capital metrics

Wells Fargo's Web-traffic and Trends

Wells Fargo Online and Social Media Presence

Wells Fargo News and Updates

Wells Fargo loses bid to end Philadelphia predatory lending lawsuit

(Reuters) - A federal judge in Philadelphia on Tuesday rejected Wells Fargo & Co's bid to dismiss that city's lawsuit accusing the largest U.S. mortgage lender of predatory lending targeting black and Hispanic borrowers.

In its latest quarter, Wells Fargo’s $3.3 billion legal charge was offset by a $3.4 billion tax-cut boost

Wells Fargo’s legal troubles are far from over. For the fourth quarter of last year, the US banking giant reported a $3.25 billion charge for…

Wells Fargo has cashed in on Donald Trump's tax reforms

US banking giant Wells Fargo said today it benefited to the tune of $3.35bn (£2.46bn) in the fourth quarter of last year, after Donald Trump slashed corporation tax. The lender said although it had incurred costs of $370m on adjustments to leveraged leases, low income housing and tax-advantaged r…

The Bitcoin Slump Is Beginning to Hurt the Stock Market, Says Wells Fargo

If retail investors get nervous, the ripples could spread.

Here’s How Stakeholder Advisory Council Launch Might Help Boost Wells Fargo

The company expects that the formation of the group will result in valuable insight and feedback.

Navajo Nation Sues Wells Fargo Over ‘Outrageous,’ Predatory Practices

The lawsuit claims the bank manipulated Navajo elders into opening savings accounts they didn't need.
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Wells Fargo Company Life and Culture

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