Craft

Wells Fargo

Stock Price

$41.7

2023-09-01

Market Capitalization

$148.9 B

2023-05-03

Revenue

$82.9 B

FY, 2022

Wells Fargo Summary

Company Summary

Overview
Wells Fargo is a banking and financial services holding company. It operates in four segments: Consumer Banking and Lending, Commercial Banking, Corporate and Investment Banking, and Wealth and Investment Management. The Consumer Banking and Lending segment focuses on consumer and small business banking, home lending, credit card solutions, personal lending, etc. The Commercial Banking segment offers middle-market banking and asset-based lending and leasing. The Corporate and Investment Banking segment provides banking, commercial real estate, and market solutions. The Wealth and Investment Management segment delivers financial planning, private banking, credit, investment management, fiduciary services, and retirement and trust services.
Type
Public
Status
Active
Founded
1852
HQ
San Francisco, CA, US | view all locations
Website
https://www.wellsfargo.com/
Cybersecurity rating
ESG rating
50-59 out of 100|View all ESG data
Sectors

Key People

  • Charles W. Scharf

    Charles W. Scharf, Chief Executive Officer and President, Director

    • Derek A. Flowers

      Derek A. Flowers, Senior EVP, Chief Risk Officer

    • Scott E. Powell

      Scott E. Powell, Senior EVP, Chief Operating Officer

    • Michael P. Santomassimo

      Michael P. Santomassimo, Senior EVP, Chief Financial Officer

    Operating MetricsView all

    Debit Card Purchase Volume (POS, Community Banking)

    $117.3B
    2.0%

    Q1, 2023

    Average Loans

    $948.7B
    5.6%

    Q1, 2023

    Mobile Communication Customers

    34.3M
    1.8%

    Q1, 2023

    LocationsView all

    42 locations detected

    • San Francisco, CA HQ

      United States

      420 Montgomery St

    • Charlotte, NC

      United States

      PO Box 71092

    • Des Moines, IA

      United States

      800 Walnut St

    • Portland, OR

      United States

      P.O. Box 6995

    • Dhaka, Dhaka Division

      Bangladesh

      2nd Floor, Suite, Ninakabbo, 227/A Bir Uttam Mir Shawkat Sarak

    • São Paulo, SP

      Brazil

      Av. Pres. Juscelino Kubitschek, 1600 - 14th floor - Vila Nova Conceição

    and 36 others

    Wells Fargo Financials

    Summary Financials

    Revenue (Q2, 2023)
    $20.5B
    Gross profit (Q2, 2023)
    $20.4B
    Net income (Q2, 2023)
    $4.9B
    Cash (Q2, 2023)
    $31.9B
    Enterprise value
    $371.9B

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