Wells Fargo & Co. is a nationwide, diversified, community-based financial services company. Wells Fargo provides banking, insurance, investments, mortgage, and consumer and commercial finance through its stores, ATMs, the Internet, and other distribution channels across North America and internationally. The company operates through three operating segments: Community Banking, Wholesale Banking, and Wealth, Brokerage and Retirement. The Community Banking segment offers a complete line of diversified financial products and services to consumers and small businesses. It also offers investment management and other services to retail customers and securities brokerage through affiliates. These products and services include the Wells Fargo Advantage FundsSM, a family of mutual funds. Its Loan products include lines of credit, auto floor plan lines, equity lines and loans, equipment and transportation loans, education loans, origination and purchase of residential mortgage loans and servicing of mortgage loans and credit cards. The Wholesale Banking segment provides financial solutions to businesses across the United States. It also provides a complete line of commercial, corporate, capital markets, cash management and real estate banking products and services. These include traditional commercial loans and lines of credit, letters of credit, asset-based lending, equipment leasing, international trade facilities, trade financing, collection services, foreign exchange services, treasury management, investment management, institutional fixed-income sales, interest rate, commodity and equity risk management, online or electronic products such as the Commercial Electronic Office portal, insurance, corporate trust fiduciary and agency services, and investment banking services. The Wealth, Brokerage and Retirement segment provides a range of financial advisory services to clients using a planning approach to meet each client's needs. It also provides affluent and high net worth clients with a complete range of wealth management solutions, including financial planning, private banking, credit, investment management and trust. The company was founded by Henry Wells and William G. Fargo on March 18, 1852 and is headquartered in San Francisco, CA.
WFC Last Price: 44.35
Last Updated: November 24, 2013 1:51 AM EST
WFC Stock Message Board and Forum http://investorshangout.com/search?q=WFC&...mp;yt0=Go!
Wells Fargo & Co. WFC Officers and Executives
Name Age Officer Since Title
Mr. John G. Stumpf 59 2002 Chairman, President & Chief Executive Officer
Mr. Timothy J. Sloan 52 1987 Chief Financial Officer & Senior Executive VP
Mr. Kevin A. Rhein 59 2009 Chief Information Officer, SEVP & Head-Technology
Ms. Patricia R. Callahan 59 1993 Chief Administrative Officer & Senior Executive VP
Mr. Charles H. Silverman - 2010 Head-Global Financial Institutions
Wells Fargo & Co.
420 Montgomery Street
San Francisco, California 94104
Phone
1 8662493302
Industry
Banks
Sector
Financials
Fiscal Year-end
12/2013
View SEC Filings Below
Revenue
$88.21B
Net Income
$18.90B
2012 Sales Growth
5.3%
Employees
269,200
Annual Report Below for WFC
Wells Fargo & Co. WFC Recent Headlines
MarketWatch News on WFC
More work needed to prevent 'too big to fail': Treasury official 1:43 p.m. Nov. 21, 2013 - blogs.marketwatch.com
What J.P. Morgan's $13 bln settlement means for neighborhoods, struggling homeowners 12:53 p.m. Nov. 21, 2013 - blogs.marketwatch.com
There may be more shoes to drop after J.P. Morgan settlement 5:59 p.m. Nov. 19, 2013 - blogs.marketwatch.com
Why Jamie Dimon isn’t the worst CEO on Wall Street 1:10 p.m. Nov. 15, 2013 - David Weidner
Cooperman's Omega takes $219 mln stake in Sprint 11:08 a.m. Nov. 15, 2013 - Silvia Ascarelli
A red flag against following billionaires’ trades 10:08 a.m. Nov. 15, 2013 - The Trading Deck
Stock futures rise; S&P 500 eyes 6th up week 9:03 a.m. Nov. 15, 2013 - Sara Sjolin
Nordstrom, FedEx, Kimberly are stocks to watch 5:30 a.m. Nov. 15, 2013 - Sue Chang
Moody's cuts Morgan, Goldman & J.P. Morgan debt 5:03 p.m. Nov. 14, 2013 - Sital S. Patel
New index tracks Buffett, Icahn, Loeb and other billionaires to beat S&P 500 12:02 p.m. Nov. 13, 2013 - blogs.marketwatch.com
Fannie, Freddie up on talk of hedge-fund interest 11:41 a.m. Nov. 13, 2013 - Christina Rexrode
How you’re paying for Wall Street’s sins 9:41 a.m. Nov. 12, 2013 - David Weidner
Jumping on earnings: Fannie, Freddie, Prudential 10:23 a.m. Nov. 7, 2013 - Christina Rexrode
Another frustrating year for bank investors, thanks to Fed stress tests, analyst says 12:31 p.m. Nov. 6, 2013 - blogs.marketwatch.com
Wells Fargo faces U.S. mortgage-bond probe: report 4:50 a.m. Nov. 6, 2013 - Barbara Kollmeyer
Mutual funds sing Aretha Franklin off-key 11:37 a.m. Nov. 4, 2013 - Chuck Jaffe
Why Warren Buffett won't buy Twitter 8:27 a.m. Nov. 4, 2013 - The Trading Deck
Fed’s bank stress tests to focus on housing, China 2:08 p.m. Nov. 1, 2013 - Steve Goldstein
MetLife dips, Invesco rises on earnings results 10:06 a.m. Oct. 31, 2013 - Christina Rexrode
Will women bankers be any better? 6:00 a.m. Oct. 29, 2013 - Amotz Asa-El
Joel Greenblatt's High-Impact Reductions 5:39 p.m. Nov. 23, 2013 - GuruFocus.com
Obama's Next Mess: The Mortgage Market 5:41 a.m. Nov. 23, 2013 - Barrons.com
A Big, Dispassionate Bet on Europe's Recovery 4:41 a.m. Nov. 23, 2013 - Barrons.com
How to Play Stocks and Bonds as Rates Move Up 4:33 a.m. Nov. 23, 2013 - Barrons.com
DDR Prices Notes to Lessen Debt - Analyst Blog 6:40 p.m. Nov. 22, 2013 - Zacks.com
AmEx Rises on US Bank Alliance - Analyst Blog 6:15 p.m. Nov. 22, 2013 - Zacks.com
Top Third-Quarter Guru-Owned Financial Services Companies 5:29 p.m. Nov. 22, 2013 - GuruFocus.com
Citigroup: The Best 'Bang For Your Buck' Bank? 4:03 p.m. Nov. 22, 2013 - Seeking Alpha
Recent Cloud IPO Veeva Systems Scores In Health Biz 3:31 p.m. Nov. 22, 2013 - Investors Business Daily
Big Bank Stocks Are Still Cheap, Says Oppenheimer 2:08 p.m. Nov. 22, 2013 - TheStreet.com
Stock Market News for November 22, 2013 - Market News 10:06 a.m. Nov. 22, 2013 - Zacks.com
JPM Is a 'Buy,' Despite WaMu, Says Goldman 10:04 a.m. Nov. 22, 2013 - TheStreet.com
Will JPMorgan Chase Move Higher? 8:23 a.m. Nov. 22, 2013 - Wall St. Cheat Sheet
China Watch: Breaking Down Barriers to Private Business 6:00 a.m. Nov. 22, 2013 - TheStreet.com
New Rules on Short-Term Loans 5:46 p.m. Nov. 21, 2013 - WSJ.com
Peer-To-Peer Lending's Threat To Bank Earnings 4:23 p.m. Nov. 21, 2013 - Seeking Alpha
5 Stocks Moving The Financial Sector Upward 12:02 p.m. Nov. 21, 2013 - TheStreet.com
Bank of America Is the 'Top Sector Pick' 11:08 a.m. Nov. 21, 2013 - TheStreet.com
Which Big Bank Is the Best Stock to Buy for 2014? 10:16 a.m. Nov. 21, 2013 - 247WallSt.com
Advisers Say Many Clients Unrealistic About Retirement 9:10 a.m. Nov. 21, 2013 - WSJ.com
Press Releases on WFC
Valerie Copenhaver is recognized by Continental Who's Who as a Professional Woman of the Year. 3:53 p.m. Nov. 22, 2013 - PR Newswire
Wells Fargo Expands Commercial Banking in Madison 3:20 p.m. Nov. 22, 2013 - BusinessWire
Palm Beach Schools' "Apple a Day" Program Tastes Even Better The 2nd Time Around -- Unbelievably Healthy Results For 2013! 3:21 p.m. Nov. 21, 2013 - PR Newswire
Wells Fargo & Company Announces Pricing Terms of Note Exchange Offers 2:31 p.m. Nov. 21, 2013 - BusinessWire
Wells Fargo Invests $1 Million in Grameen America to Fund Microloans to Low-Income Women Entrepreneurs in California and Texas 9:00 a.m. Nov. 21, 2013 - BusinessWire
Announcing Javelin's 2013 Mobile Banking Financial Institution Award Winners 8:45 a.m. Nov. 21, 2013 - BusinessWire
Wells Fargo & Company Announces Early Tender Results of Note Exchange Offers 8:00 a.m. Nov. 21, 2013 - BusinessWire
Wells Fargo Survey: Small Business Owners Divided on Increasing Minimum Wage 6:00 a.m. Nov. 21, 2013 - BusinessWire
Wells Fargo Advantage Closed-End Funds Declare Monthly and Quarterly Dividends; Wells Fargo Advantage Global Dividend Opportunity Fund Reduces Quarterly Dividend Rate 7:20 p.m. Nov. 20, 2013 - BusinessWire
Camden Property Trust Prices $250 Million 4.250% Senior Unsecured Notes Due 2024 4:59 p.m. Nov. 20, 2013 - BusinessWire
Wells Fargo Shareowner Services Rated Industry's Top Transfer Agent 9:00 a.m. Nov. 20, 2013 - BusinessWire
FIN(R) Branding Group to Present at the Wells Fargo Securities Inaugural E-Cig Forum 4:56 p.m. Nov. 19, 2013 - BusinessWire
BreitBurn Energy Partners L.P. Announces Pricing of an Upsized Public Add-On Offering of $400 Million of Senior Notes Due 2022 4:51 p.m. Nov. 19, 2013 - BusinessWire
Wells Fargo, NeighborWorks America and Portland Housing Center to Help Eligible Local Homebuyers With $15,000 Down Payment Assistance Grants Dec. 13-14 at Oregon Convention Center 2:00 p.m. Nov. 19, 2013 - BusinessWire
BreitBurn Energy Partners L.P. Announces Public Add-On Offering of $300 Million of Senior Notes Due 2022 8:29 a.m. Nov. 19, 2013 - BusinessWire
ProAssurance Announces Pricing of $250 Million of 5.30% Senior Notes Due 2023 8:00 a.m. Nov. 19, 2013 - PR Newswire
LOGIC Secures #2 Spot in Electronic Cigarette Category 6:00 a.m. Nov. 19, 2013 - PR Newswire
miiCard Joins US FinTech Accelerator SixThirty Inaugural Class 4:00 a.m. Nov. 19, 2013 - Marketwire
Tanger Prices $250 Million 3.875% Senior Notes Due 2023 7:46 p.m. Nov. 18, 2013 - PR Newswire
Wells Fargo & Company Declares Cash Dividends on Preferred Stock 3:30 p.m. Nov. 18, 2013 - BusinessWire
Valuation
P/E Current
13.20
P/E Ratio (with extraordinary items)
11.72
P/E Ratio (without extraordinary items)
10.17
Price to Sales Ratio
2.05
Price to Book Ratio
1.24
Price to Cash Flow Ratio
3.12
Enterprise Value to EBITDA
12.22
Enterprise Value to Sales
4.38
Total Debt to Enterprise Value
0.51
Efficiency
Revenue/Employee
0.33
Income Per Employee
0.07
Total Asset Turnover
0.06
Profitability
Operating Margin
32.74
Pretax Margin
32.28
Net Margin
21.42
Return on Assets
1.36
Return on Equity
12.69
Return on Total Capital
5.75
Return on Invested Capital
7.33
Capital Structure
Total Debt to Total Equity
127.57
Total Debt to Total Capital
53.95
Total Debt to Total Assets
12.80
Long-Term Debt to Equity
77.01
Long-Term Debt to Total Capital
32.57
Wells Fargo & Co. WFC Financials
Fiscal year is January-December. All values USD millions. 2008 2009 2010 2011 2012 5-year trend
Interest Income 34.9B 56.27B 52.8B 49.41B 48.39B
Interest and Fees on Loans 27.63B 41.59B 39.76B 37.25B 36.48B
Interest Income on Fed. Funds 0 0 0 0 0
Interest Income on Fed. Repos 0 0 0 0 0
Interest on Bank Deposits 0 0 0 0 0
Other Interest or Dividend Income 7.27B 14.69B 13.04B 12.17B 11.91B
Total Interest Expense 9.76B 9.95B 8.04B 6.65B 5.16B
Interest Expense on Bank Deposits 4.52B 3.77B 2.83B 2.28B 1.73B
Other Interest Expense 5.23B 6.18B 5.21B 4.37B 3.43B
Interest Expense on Debt 3.76B 5.95B 5.12B 4.29B 3.36B
Interest Capitalized 0 0 0 0 0
Other Borrowed Funds 1.48B 222M 92M 80M 79M
2008 2009 2010 2011 2012 5-year trend
Net Interest Income 25.14B 46.32B 44.76B 42.76B 43.23B
Loan Loss Provision 15.98B 21.67B 15.75B 7.9B 7.22B
Net Interest Income after Provision 9.16B 24.66B 29B 34.86B 36.01B
Non-Interest Income 20.39B 36.52B 37.53B 34.36B 39.82B
Securities Gain 3.15B 1.15B 1.4B 2.25B 1.77B
Trading Account Income 275M (500M) (1.88B) (4.26B) (6.3B)
Trust Income, Commissions & Fees 14.4B 26.91B 28.09B 27.57B 27.92B
Commission & Fee Income 12.24B 23.32B 24.05B 23.48B 23.7B
Other Operating Income 2.57B 8.96B 9.93B 8.8B 16.43B
Non-Interest Expense 23.32B 41.17B 44.58B 43.14B 46.95B
Labor & Related Expense 12.94B 26.47B 28.3B 28.76B 28.8B
Equipment Expense 3.69B 7.03B 6.97B 6.49B 6.03B
Other Operating Expense 5.12B 16.99B 11.9B 11.29B 14.51B
Operating Income 6.23B 20.01B 21.96B 26.08B 28.88B
Non-Operating Income (Expense) 22M (22M) (115M) (17M) 7M
Non-Operating Interest Income - - - - -
Miscellaneous Non Operating Expense 22M (22M) (115M) (17M) 7M
Equity in Affiliates (Pretax) 0 0 0 0 0
Unusual Expense 3B 1.99B 2.84B 2.41B 416M
Pretax Income 3.26B 18B 19B 23.66B 28.47B
Income Taxes 602M 5.33B 6.34B 7.45B 9.1B
Income Tax - Current - Domestic 2.21B (4.29B) 1.97B 3.82B 10.34B
Income Tax - Current - Foreign 30M 164M 78M 52M 61M
Income Tax - Deferred - Domestic (1.64B) 9.45B 4.27B 3.56B (1.32B)
Income Tax - Deferred - Foreign - - 16M 14M 20M
Income Tax Credits 0 0 0 0 0
Equity in Affiliates 0 0 0 0 0
Other After Tax Income (Expense) 0 0 0 0 0
Consolidated Net Income 2.66B 12.67B 12.66B 16.21B 19.37B
Minority Interest Expense 0 392M 301M 342M 471M
Net Income 2.66B 12.28B 12.36B 15.87B 18.9B
Extraordinaries & Discontinued Operations 0 0 0 0 0
Extra Items & Gain/Loss Sale Of Assets 0 0 0 0 0
Cumulative Effect - Accounting Chg 0 0 0 0 0
Discontinued Operations 0 0 0 0 0
Net Income After Extraordinaries 2.66B 12.28B 12.36B 15.87B 18.9B
Preferred Dividends 286M 4.29B 730M 844M 898M
Net Income Available to Common 2.37B 7.99B 11.63B 15.03B 18B
EPS (Basic) 0.70 1.76 2.23 2.85 3.40
Basic Shares Outstanding 3.38B 4.55B 5.23B 5.28B 5.29B
EPS (Diluted) 0.70 1.75 2.21 2.82 3.36
Diluted Shares Outstanding 3.39B 4.56B 5.26B 5.32B 5.35B
Wells Fargo & Co. WFC Filings
SEC Filings for Wells Fargo & Co.
Filing Date Document Date Type Category Amended
11/22/2013 11/21/2013 8-K Special Events
11/13/2013 09/30/2013 13F N/A
11/12/2013 N/A SC 13G/A Institutional Ownership *
11/12/2013 N/A SC 13G/A Institutional Ownership *
11/12/2013 N/A SC 13G/A Institutional Ownership *
11/07/2013 11/07/2013 8-K Special Events
11/07/2013 11/06/2013 8-K Special Events
11/06/2013 09/30/2013 10-Q Quarterly Reports
10/31/2013 10/31/2013 8-K Special Events
10/30/2013 10/30/2013 8-K Special Events
10/28/2013 10/28/2013 8-K Special Events
10/28/2013 10/28/2013 8-K Special Events
10/23/2013 10/22/2013 8-K Special Events
10/21/2013 10/21/2013 8-K Special Events
10/17/2013 10/17/2013 8-K Special Events
10/11/2013 N/A SC 13G/A Institutional Ownership *
10/11/2013 10/11/2013 8-K Special Events
10/10/2013 N/A SC 13G/A Institutional Ownership *
10/10/2013 N/A SC 13G/A Institutional Ownership *
10/10/2013 N/A SC 13G/A Institutional Ownership *
SEC Filings provided by EDGAR Online, Inc.
WFC Wells Fargo & Co. Research Links
Stock Message Board http://investorshangout.com/search?q=WFC&...mp;yt0=Go!
Stock Quote http://www.otcmarkets.com/stock/WFC/quote
Stock Chart http://www.otcmarkets.com/stock/WFC/chart
Company Info http://www.otcmarkets.com/stock/WFC/company-info
Recent News http://www.otcmarkets.com/stock/WFC/news
Financials http://www.otcmarkets.com/stock/WFC/financials
Filings and Disclosure http://www.otcmarkets.com/stock/WFC/filings
Short Sales http://www.otcmarkets.com/stock/WFC/short-sales
Insider Disclosure http://www.otcmarkets.com/stock/WFC/insider-transactions
Research Reports http://www.otcmarkets.com/stock/WFC/research
Summary http://finance.yahoo.com/q?s=WFC
Historical Prices http://finance.yahoo.com/q/hp?s=WFC+Historical+Prices
Interactive Chart http://finance.yahoo.com/echarts?s=WFC
Basic Chart http://finance.yahoo.com/q/bc?s=WFC+Basic+Chart
Basic Tech. Analysis http://finance.yahoo.com/q/ta?s=WFC+Basic+Tech.+Analysis
Headlines http://finance.yahoo.com/q/h?s=WFC+Headlines
Press Releases http://finance.yahoo.com/q/p?s=WFC+Press+Releases
Company Profile http://finance.yahoo.com/q/pr?s=WFC+Profile
Key Statistics http://finance.yahoo.com/q/ks?s=WFC+Key+Statistics
Industry http://finance.yahoo.com/q/in?s=WFC+Industry
Major Holders http://finance.yahoo.com/q/mh?s=WFC+Major+Holders
Insider Transactions http://finance.yahoo.com/q/it?s=WFC+Insider+Transactions
Insider Roster http://finance.yahoo.com/q/ir?s=WFC+Insider+Roster
Income Statement http://finance.yahoo.com/q/is?s=WFC
Balance Sheet http://finance.yahoo.com/q/bs?s=WFC
Cash Flow http://finance.yahoo.com/q/cf?s=WFC+Cash+Flow&annual
Nasdaq http://www.nasdaq.com/symbol/WFC
Market Watch http://www.marketwatch.com/investing/stock/WFC
Bloomberg http://www.bloomberg.com/quote/WFC:US
Morningstar http://quotes.morningstar.com/stock/s?t=WFC
Bussinessweek http://investing.businessweek.com/research/st...ticker=WFC
Barchart http://www.barchart.com/quotes/stocks/WFC
OTC Short Report http://otcshortreport.com/index.php?index=WFC
Investopedia http://www.investopedia.com/markets/stocks/WFC/?wa=0
List of all stock message boards and tickers for NYSE New York Stock Exchange http://investorshangout.com/board?categoryid=NYSE