Wells Fargo & Company (NYSE: WFC)
Overview
This stagecoach likely makes a stop near you. One of the largest banks in the US, Wells Fargo has about 6,600 bank branches in some 40 states and more than 4,000 mortgage and consumer finance offices nationwide. Activities include retail, commercial, and corporate banking; investment management; insurance; equipment leasing; and venture capital investment. A top residential mortgage lender in the US, Wells Fargo is also one of the largest mortgage servicers. The company owns Wells Fargo Insurance Services, one of the world's largest insurance brokerage firms. It is also a leader in mutual funds and online brokerage services. Wells Fargo acquired Wachovia at the end of 2008, which doubled the company in size.
Sample Overview & HistoryKey Numbers from Hoover's UK
Key financials for Wells Fargo & Company (NYSE: WFC)
| Company Type | Public (NYSE: WFC) |
|---|---|
| Fiscal Year-End | December |
| 2010 Sales (mil.) | £60,276.2 |
| 1-Year Sales Growth | (5.5%) |
| 2010 Net Income (mil.) | £7,990.8 |
| 1-Year Net Income Growth | 0.7% |
| 2010 Employees | 272,200 |
| 1-Year Employee Growth | (3.1%) |
Key People from Hoover's UK
Key people and executives for Wells Fargo & Company (NYSE: WFC)
| Chairman, President, and CEO | John G. Stumpf (Subscribers see complete biographies -- view sample)
|
|---|---|
| SEVP Technology and Operations and CIO | Kevin A. Rhein |
| SEVP and CFO | Timothy J. (Tim) Sloan |
Top Competitors from Hoover's UK
Top competitors of Wells Fargo & Company (NYSE: WFC)
There are 11 competitors for Wells Fargo; see more.Industry Information from Hoover's UK
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More Industry InformationSubsidiaries/Affiliates Covered By Hoover's UK
Subsidiaries/affiliates of Wells Fargo & Company (NYSE: WFC)
- Wells Capital Management
- Wells Fargo Advisors, LLC
- Wells Fargo Auto Finance, LLC
- Wells Fargo Securities, LLC
Rankings from Hoover's UK
See how Wells Fargo & Company (NYSE: WFC) ranks in standard industry listings such as Fortune 500, S&P 500, and Dow Jones
- #23 in FORTUNE 500 (May 2011)
- S&P 500
- #23 in FORTUNE 1000 (May 2011)
- #24 in FT Global 500 (June 2011)

