Wells Fargo & Company PFD DIV EQUALIZ
WFCNP
Other OTC2.75
USD
- -
- -
CIK
0000072971
ISIN
US9497468879
CUSIP
949746887
Return %
Stock
S&P500
1Y
120.00
26.84
3Y
137.07
77.03
5Y
141.23
80.55
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- CEO
- Charles William Scharf
- Full Time Employees
- 217,000
- Sector
- Financial Services
- Industry
- Banks - Diversified
- Address
- 420 Montgomery Street San Francisco CA United States of America 94104
- IPO Date
- Sep 1, 2009
- CIK
- 0000072971
- Website
- wellsfargo.com
- Similar Companies
- Business
- Wells Fargo & Company, a diversified multinational financial services holding company founded in 1852 and headquartered in San Francisco, California, provides banking, investment, mortgage, consumer finance, and commercial finance products and services to consumers, businesses, governments, and institutional clients primarily in the United States and in over 35 countries worldwide. The company operates through four main segments: Consumer Banking and Lending, offering checking and savings accounts, credit and debit cards, home mortgages, auto loans, personal loans, and small business lending; Commercial Banking, providing banking and credit products, secured lending and lease products, and treasury management services to private, family-owned, and public companies across various sectors and municipalities; Corporate and Investment Banking, delivering capital markets solutions, investment banking, treasury management, commercial real estate lending and servicing, equity and fixed income products, sales, trading, and research to corporate, commercial real estate, government, and institutional clients; and Wealth and Investment Management, offering personalized wealth management, brokerage, financial planning, private banking, trust and fiduciary services, individual retirement accounts, insurance, and advisory programs to affluent and high-net-worth clients through financial advisors, branches, and digital platforms such as WellsTrade and Intuitive Investor. Wells Fargo maintains approximately 8,050 branches, 13,000 ATMs, and 2,000 stand-alone mortgage branches in the U.S., services $1.8 trillion in home mortgages as one of the largest portfolios domestically, and supports global operations with offices in over 40 countries. In recent developments, the company plans to end its merchant acquiring joint venture with Fiserv, Wells Fargo Merchant Services, in April 2025 after which Fiserv will provide multi-year processing services to Wells Fargo's merchant business; acts as financial advisor on major mergers and acquisitions including Sycamore Partners' $23.7 billion acquisition of Walgreens Boots Alliance and PNC Financial Services Group's $4.1 billion acquisition of FirstBank Holding Company in 2025; and continues to emphasize cross-selling strategies alongside equipment financing through subsidiaries like Wells Fargo Rail, investment management, and brokerage services.