Wells Fargo & Company

Wells Fargo & Company

World Rank (Jul-30-2023)
65
Market Cap (Jul-30-2023)
169.23 Billion USD
World Rank (Dec-25-2022)
65
Market Cap (Dec-25-2022)
156.15 Billion USD
World Rank (Jan-07-2022)
56
Market Cap (Jan-07-2022)
218.38 Billion USD
World Rank (Jan-01-2021)
99
Market Cap (Jan-01-2021)
124.78 Billion USD
Company Rank in Country in 2023
Rank in USA in July-2023 is 39
Company Rank in Country in 2022
Rank in USA in 2022 is 39
World Region
Americas
World Subregion
Northern America
CEO
Charles W. Scharf
Chairman
Steven Black
Founders
Henry Wells
William Fargo
Employee Count
238,000
Employee Count as of Date
As on 2022
Headquarters Country
USA
Headquarters City/State
California
Annual Revenue in USD
73,780 Million USD
Annual Operating Income in USD
14,969 Million USD
Annual Net Income in USD
12,060 Million USD
Annual Results for Period Ending
Dec-2022 ending year
Total Assets in USD
1,881,000 Million USD
Total Liabilities in USD
1,699,100 Million USD
Total Equity in USD
181,880 Million USD
Balance Sheet for Period Ending
Dec-2022 ending year
Business Sector LC
Financial Services
Banking Services
Insurance
Credit Cards
Asset Management
Company Website
Wells Fargo - Financial Company
Wikipedia
Wikipedia
Yahoo
Yahoo @ NYSE
Facebook
Facebook
Company Profile

Wells Fargo & Company is USA based Multi-National Financial Sector Company. Wells Fargo is one of the largest banks in USA. Wells Fargo provides banking products and banking services related to Personal Banking, Small Business Banking related Services, Commercial Banking. Headquarters is in USA. 

Facts About Company

As on 2022, Wells Fargo & Company has 238,000 employees.

Wells Fargo & Company annual revenue generated for period ending Dec-2022 was 73.78 billion USD.

Wells Fargo & Company annual net income generated for period ending Dec-2022 was 12.06 billion USD.

As on 2021, Wells Fargo & Company had 7,200 branches and 13,000 ATM's.

Wells Fargo & Company annual revenue generated for period ending Dec-2021 was 78.49  million USD.

Wells Fargo & Company annual net income generated for period ending Dec-2021 was 21.54 million USD.

Total Assets as on Dec-2022 was 1.88 Trillion USD.

Annual Results Summary LC

Wells Fargo - Yearly Revenue and Net Profit - in Billion USD:

Year - EndingRevenueNet Profit
Dec-202273.7812.06
Dec-202178.4921.54
Dec-202072.343.30
Dec-201985.0619.55
Dec-201886.4122.39
Dec-201787.1222.18
Dec-201687.3821.94
Balance Sheet Summary LC

Wells Fargo - Balance Sheet Summary - in Million USD:

Year Ending:Total AssetsTotal LiabilitiesTotal Equity
Dec-20221,881,0161,699,141181,875
Dec-20211,948,0681,760,462187,606
Dec-20201,955,1631,769,243185,920
Dec-20191,927,5551,740,409187,146
Dec-20181,895,8831,699,717196,166
Dec-20171,951,7571,744,821206,936
Dec-20161,930,1151,730,534199,581
Quarterly Results Summary LC

Wells Fargo - Quarterly Revenue and Net Profit - in Million USD:

Quarter - EndingRevenueNet Profit
Sep-202320,8575,450
Jun-202320,5334,659
Mar-202320,5334,659
Dec-202219,6602,585
Sep-202219,5053,250
Jun-202217,0282,839
Mar-202217,5923,393
Dec-202120,5865,470
Sep-202118,8344,787
Jun-202121,6325,934
Mar-202119,3014,742
Dec-202019,1202,992
Sep-202020,2942,035
Jun-202019,757-2,379
Mar-202017,717  653
Dec-201919,8602,873
Sep-201922,0104,610
Jun-201921,0816,206
Mar-201920,7645,860
Dec-201820,4916,064
Sep-201821,3616,007
Founded Year
1852
Institutional Investors

Top 30 Institutional Investors in WELLS FARGO & COMPANY as on SEP-30-2023

RANKINSTITUTION NAMEDATESHARES HELDCHANGE (SHARES)CHANGE (%)VALUE (IN 1,000S)
1VANGUARD GROUP INC09/30/202332,31,87,751-73,59,937-2.23%$13,845,363
2BLACKROCK INC.09/30/202325,87,20,792-1,01,78,094-3.79%$11,083,599
3FMR LLC09/30/202317,40,92,985-22,13,860-1.26%$7,458,143
4STATE STREET CORP09/30/202314,39,67,670-80,87,559-5.32%$6,167,575
5DODGE & COX09/30/202311,81,33,045-20,09,660-1.67%$5,060,820
6JPMORGAN CHASE & CO09/30/202310,64,47,4171,33,45,47714.33%$4,560,207
7PRICE T ROWE ASSOCIATES INC /MD/09/30/20237,61,10,979-96,14,158-11.22%$3,260,594
8GEODE CAPITAL MANAGEMENT, LLC09/30/20236,90,09,548-61,897-0.09%$2,956,369
9CAPITAL INTERNATIONAL INVESTORS09/30/20236,89,48,35271,14,58311.51%$2,953,747
10NORGES BANK12/31/20224,96,41,39222,22,1094.69%$2,126,637
11STATE FARM MUTUAL AUTOMOBILE INSURANCE CO09/30/20234,71,87,180-3,54,687-0.75%$2,021,499
12PRIMECAP MANAGEMENT CO/CA/09/30/20234,37,08,380-6,96,175-1.57%$1,872,467
13INVESCO LTD.09/30/20234,05,32,77862,3360.15%$1,736,424
14MORGAN STANLEY09/30/20234,02,58,54524,08,1876.36%$1,724,676
15NORTHERN TRUST CORP09/30/20233,81,97,6241,29,3000.34%$1,636,386
16AMERIPRISE FINANCIAL INC09/30/20233,54,12,526-21,30,491-5.68%$1,517,073
17DAVIS SELECTED ADVISERS09/30/20233,03,13,265-4,26,455-1.39%$1,298,620
18BANK OF NEW YORK MELLON CORP09/30/20232,96,00,479-9,21,322-3.02%$1,268,085
19NUVEEN ASSET MANAGEMENT, LLC09/30/20232,88,86,691-8,84,980-2.97%$1,237,506
20CAPITAL WORLD INVESTORS09/30/20232,60,56,5999,63,7753.84%$1,116,265
21SANDERS CAPITAL, LLC09/30/20232,44,36,2447,4090.03%$1,046,849
22HARRIS ASSOCIATES L P09/30/20232,38,97,768-1,39,260-0.58%$1,023,780
23CHARLES SCHWAB INVESTMENT MANAGEMENT INC09/30/20232,27,11,727-1,65,159-0.72%$972,970
24EAGLE CAPITAL MANAGEMENT LLC09/30/20232,25,53,283-8,89,810-3.80%$966,183
25ALLIANCEBERNSTEIN L.P.09/30/20232,22,68,276-13,86,493-5.86%$953,973
26BANK OF AMERICA CORP /DE/09/30/20232,13,46,47312,91,2796.44%$914,483
27HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC09/30/20231,99,58,656-3,80,960-1.87%$855,029
28LEGAL & GENERAL GROUP PLC09/30/20231,95,22,018-13,58,379-6.51%$836,323
29ARROWSTREET CAPITAL, LIMITED PARTNERSHIP09/30/20231,94,10,80172,98,38260.26%$831,559
30DIMENSIONAL FUND ADVISORS LP09/30/20231,83,45,251-3,86,112-2.06%$785,911
Stock Category LC
S&P 500
Stock Exchange LC
NYSE