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Wells Fargo Financial, Inc. · Des Moines, IA United States

Company Description

800 Walnut
Des Moines, IA
50309
United States (Map)
Phone: 515-243-2131
Fax: 515-557-7666
Toll Free: 800-346-3009
    View Wells Fargo Financial, Inc. Locations On A US MapThis link will open in a new window
    Since its precursor was founded in 1897 by a Lithuanian immigrant who made personal loans to local workers in Des Moines, Iowa, Wells Fargo Financial has grown and prospered for more than a century. Now, thanks in part of the clout of its parent company, banking superpower Wells Fargo, the company operates through approximately 1,100 locations throughout the US, as well as in Canada and the Pacific Rim. The company hasn't strayed from its original intent, though, providing credit cards, personal loans, and real estate-secured loans to consumers. It originates indirect auto loans through more than 18,000 franchised dealers. To read the full description, subscribe now.
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    Key Wells Fargo Financial, Inc. Financials

    Company TypeSubsidiary

    Headquarters
    Fiscal Year-EndDecember
    Employees9,300

    Wells Fargo Financial, Inc. Executives

    10 executives listed for Wells Fargo Financial, Inc.'s Des Moines, IA location.
    TitleName & BioContact
    President and CEODavid KvammeNetwork
    EVP and CFOMichael MateraNetwork
    EVP and Chief Credit OfficerAlan BlennerNetwork

    Competition

    Competitive Landscape for Wells Fargo Financial, Inc.
    Demand is driven by consumer income and demographics. The profitability of individual companies depends on the correct assessment of repayment likelihood and effective collections activities. Large companies have an advantage in the ability to manage large portfolios of mortgage, auto, and credit card loans through sophisticated computer risk modeling. Small companies can compete effectively in the cash lending or sales finance segments, where a local or neighborhood presence is highly effective. The industry is capital-intensive; annual revenue per worker is about $430,000. To read the full description, subscribe now.
    Top Wells Fargo Financial, Inc. Competitors
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