Company Wells Fargo & Company

WFC

US9497461015

Banks

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75.95 ^USD	0.00%		+8.56%	+8.13%

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Business description: Wells Fargo & Company

Wells Fargo & Company is one of the leading American banking groups. Its activity is organized around 3 lines of business:

- retail and commercial banking: sales of standard and specialized banking products and services (mortgage lending, real estate credit, consumer credit, insurance, etc.);

- finance, investment, and market banking;

- profit management, brokerage, and pension fund management.

At the end of 2023, the group managed USD 1,400 billion in current deposits and USD 936.7 billion in current loans.

Number of employees: 220,167

Sales by Activity: Wells Fargo & Company

Fiscal Period: December	2019	2020	2021	2022	2023
Consumer Banking and Lending	-	28.35B	36.06B	33.53B	34.62B
Corporate and Investment Banking	-	8.87B	15.28B	15.43B	17.18B
Commercial Banking	-	5.99B	10.05B	11.45B	13.37B
Wholesale Banking	27.3B	-	-	-	-
Community Banking	43B	-	-	-	-
Wealth and Investment Management	17.34B	14.26B	14.44B	14.85B	14.68B
Other	-5.26B	-	-	-	-
Corporate	-	3.94B	8.44B	-1B	-469M
Reconciling Items	-	-3.21B	-1.61B	-2.01B	-2.2B

See all business segments

Geographical breakdown of sales: Wells Fargo & Company

Fiscal Period: December	2019	2020	2021	2022	2023
United States	82.46B	58.32B	82.95B	72.25B	77.2B

See all geographic segments

Managers: Wells Fargo & Company

Director	Title	Age	Since
Charlie Scharf CEO	Chief Executive Officer	60	2019-10-20
Michael Santomassimo DFI	Director of Finance/CFO	49	2020-10-13
Jon Weiss CIO	Chief Investment Officer	67	2017-06-30
Bridget Engle CTO	Chief Tech/Sci/R&D Officer	61	2016-12-31
Scott Powell COO	Chief Operating Officer	62	2019-12-08

See WELLS FARGO & COMPANY governance

Members of the board: Wells Fargo & Company

Manager	Title	Age	Since
Suzanne Vautrinot BRD	Director/Board Member	64	2015-02-23
Ronald Sargent BRD	Director/Board Member	69	2017-02-20
Celeste Clark BRD	Director/Board Member	72	2017-12-31
Theodore Craver BRD	Director/Board Member	73	2017-12-31
Maria Morris BRD	Director/Board Member	62	2017-12-31
Wayne Hewett BRD	Director/Board Member	60	2019-01-06
Charlie Scharf BRD	Director/Board Member	60	2019-10-20
Steven Black CHM	Chairman	72	2021-08-08
Mark Chancy BRD	Director/Board Member	60	2020-08-19
Richard Davis BRD	Director/Board Member	67	2022-04-25

Composition of the Board of Directors

Shareholders: Wells Fargo & Company

Name	Equities	%	Valuation
Vanguard Fiduciary Trust Co. 9.222 %	307,029,895	9.222 %	21 566 M $
BlackRock Advisors LLC 5.946 %	197,982,932	5.946 %	13 906 M $
Fidelity Management & Research Co. LLC 5.886 %	195,986,984	5.886 %	13 766 M $
STATE STREET CORPORATION 4.261 %	141,881,643	4.261 %	9 966 M $
JPMorgan Investment Management, Inc. 3.851 %	128,208,797	3.851 %	9 005 M $

Name	Equities	%	Valuation
PNC Investments LLC 5.271 %	2,213,779	5.271 %	42 M $
Arlington Trust Co. LLC 0.0298 %	12,500	0.0298 %	235 750 $
ORG Partners LLC 0.003771 %	1,584	0.003771 %	29 874 $
Russell Investments Canada Ltd. 0.003248 %	1,364	0.003248 %	25 725 $

Name	Equities	%	Valuation
Nuveen Asset Management LLC -	65,060,000	-	69 M $
Flaherty & Crumrine, Inc. -	23,630,000	-	25 M $
PIMCO Europe Ltd. -	2,500,000	-	3 M $
Goldman Sachs Asset Management International -	295,000	-	311 638 $
Fernando Rivas -	100	-	106 $

Name	Equities	%	Valuation
Nuveen Asset Management LLC 3.225 %	113,211,000	3.225 %	109 M $
Flaherty & Crumrine, Inc. 0.2614 %	9,175,000	0.2614 %	9 M $
PIMCO Europe Ltd. 0.1368 %	4,800,000	0.1368 %	5 M $
Virtus Fixed Income Advisers LLC 0.0889 %	3,120,000	0.0889 %	3 M $
Franklin Templeton Investment Management Ltd. (Germany) 0.0662 %	2,322,000	0.0662 %	2 M $

Name	Equities	%	Valuation
Caixa DTVM SA 0.001413 %	188,235	0.001413 %	3 M $
Itaú Unibanco SA 0.001197 %	159,481	0.001197 %	3 M $
BRAM - Bradesco Asset Management SA DTVM 0.000234 %	31,211	0.000234 %	548 936 $
XP Allocation Asset Management Ltda. 0.000001 %	73	0.000001 %	1 284 $
Morgan Stanley Administradora de Carteiras SA 0.000000 %	50	0.000000 %	879 $

Name	Equities	%	Valuation
IAT Reinsurance Co. Ltd. 0.4008 %	387	0.4008 %	354 $
Heritage Wealth Advisors LLC 0.0197 %	19	0.0197 %	17 $
Meeder Asset Management, Inc. 0.001036 %	1	0.001036 %	1 $

Name	Equities	%	Valuation
Flaherty & Crumrine, Inc. 0.4763 %	222,892	0.4763 %	4 M $
Mathes Co., Inc. 0.0449 %	21,000	0.0449 %	419 790 $
Capital Investment Trust Corp. 0.0288 %	13,501	0.0288 %	269 885 $
Thompson Investment Management, Inc. 0.004274 %	2,000	0.004274 %	39 980 $
Russell Investments Canada Ltd. 0.003513 %	1,644	0.003513 %	32 864 $

Name	Equities	%	Valuation
Flaherty & Crumrine, Inc. 0.4827 %	241,356	0.4827 %	4 M $
PIMCO Europe Ltd. 0.2692 %	134,600	0.2692 %	2 M $
Atlas Capital Advisors LLC 0.005550 %	2,775	0.005550 %	50 588 $
Old Point Trust & Financial Services, NA 0.004000 %	2,000	0.004000 %	36 460 $
Thompson Investment Management, Inc. 0.004000 %	2,000	0.004000 %	36 460 $

Name	Equities	%	Valuation
Voya Investment Management Co. LLC 14.90 %	591,048	14.90 %	706 M $
Advent Capital Management LLC 4.591 %	182,159	4.591 %	218 M $
First Trust Advisors LP 3.909 %	155,091	3.909 %	185 M $
Mirae Asset Global ETFs Holdings Ltd. 2.248 %	89,193	2.248 %	107 M $
Valeo Financial Advisors LLC 2.065 %	81,943	2.065 %	98 M $

Name	Equities	%	Valuation
PIMCO Europe Ltd. 0.0837 %	67,400	0.0837 %	1 M $
ORG Partners LLC 0.0320 %	25,750	0.0320 %	525 300 $
Keynote Financial Services LLC 0.0274 %	22,050	0.0274 %	449 820 $
Capital Investment Trust Corp. 0.0224 %	18,002	0.0224 %	367 241 $
Nuveen Asset Management LLC 0.0204 %	16,400	0.0204 %	334 560 $

Name	Equities	%	Valuation
Nuveen Asset Management LLC 3,682.70 %	73,654,000	3,682.70 %	4 369 M $
Virtus Fixed Income Advisers LLC 455.00 %	9,100,000	455.00 %	540 M $
Smith Capital Investors LLC 252.55 %	5,051,000	252.55 %	300 M $
Western Asset Management Co. Ltd. 75.50 %	1,510,000	75.50 %	90 M $
Flaherty & Crumrine, Inc. 37.50 %	750,000	37.50 %	44 M $

Name	Equities	%	Valuation
ORG Partners LLC 0.006978 %	1,926	0.006978 %	135 $
Atlas Capital Advisors LLC 0.002645 %	730	0.002645 %	51 $
Boyd Watterson Asset Management LLC 0.000362 %	100	0.000362 %	7 $

List of WELLS FARGO & COMPANY shareholders

Holdings: Wells Fargo & Company

Name	Equities	%	Valuation
ARES DYNAMIC CREDIT ALLOCATION FUND, INC. 6.87%	1,573,153	6.87%	23,770,342 $
ELLSWORTH GROWTH AND INCOME FUND LTD. 7.50%	1,034,243	7.50%	10,021,815 $
NUVEEN MUNICIPAL CREDIT INCOME FUND 0.00%	6,048	0.00%	73,604 $
NUVEEN QUALITY MUNICIPAL INCOME FUND 0.00%	3,488	0.00%	40,670 $
ALLIANCEBERNSTEIN NATIONAL MUNICIPAL INCOME FUND, INC. 0.01%	3,531	0.01%	38,382 $

Company details: Wells Fargo & Company

Wells Fargo & Co.

420 Montgomery Street

94104, San Francisco

+866 249 3302

http://www.wellsfargo.com

Group companies: Wells Fargo & Company

Name	Category and Sector
Allspring Dynamic Target 2035 Fund	Investment Trusts/Mutual Funds
Wells Fargo Credit Risk Transfer Securities Trust 2015	Investment Trusts/Mutual Funds
Centurion Casualty Co. Centurion Casualty Co. Insurance Brokers/ServicesFinance Part of UnitedHealth Group, Inc., Centurion Casualty Co. is an American company that provides insurance services. The company is based in NE. Founded in 1983.	Insurance Brokers/Services
Norwest Equity Partners VIII LP Norwest Equity Partners VIII LP Investment ManagersFinance Norwest Equity Partners VIII LP invests in profitable and growing middle-market companies located in the United States with EBITDA of at least $10 million, an enterprise value of $50 - $250 million and strong management teams. The fund targets companies operating in the fields of manufacturing, distribution, healthcare services, business services and consumer products industry. It provides financing for MBOs, industry consolidations, recapitalizations and growth capital requirements with an investment size ranging from $20 to $80 million, where total transaction size ranges between $50 and $500 million.	Investment Managers
VMT/GTAA1 LLC

See all subsidiaries

Other Banks

Add to a list Add to a list 0 selected To use this feature you must be a member Log in Sign up	Change	5d. change	1-year change	3-years change	Capi. ($)
WELLS FARGO & COMPANY	0.00%	+8.56%	+62.22%	+33.97%	250B
JPMORGAN CHASE & CO.	+0.76%	+6.00%	+51.36%	+68.09%	706B
BANK OF AMERICA CORPORATION	-0.98%	+3.39%	+45.21%	+0.82%	361B
INDUSTRIAL AND COMMERCIAL BANK OF CHINA LIMITED	+1.42%	+1.21%	+35.14%	+6.16%	299B
BANCO NACIONAL DE CRÉDITO, C.A., BANCO UNIVERSAL	-99.90%	-94.82%	-94.82%	-58.31%	239B
BANK OF CHINA LIMITED	+1.30%	-0.76%	+33.11%	+29.57%	198B
CHINA CONSTRUCTION BANK CORPORATION	+1.33%	+1.33%	+34.88%	+3.74%	197B
HSBC HOLDINGS PLC	+1.67%	+3.36%	+37.12%	+58.30%	174B
ROYAL BANK OF CANADA	+0.75%	-0.92%	+30.17%	+15.90%	169B
COMMONWEALTH BANK OF AUSTRALIA	+2.96%	-2.50%	+37.03%	+54.44%	157B
Average	-9.19%	-9.75%	+27.14%	+21.27%	275.07B
Weighted average by Cap.	-8.09%	-7.57%	+31.53%	+26.43%