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    Wells Fargo & Company (WFC)

    55.39 Up 0.17(0.31%) Nov 27, 1:01PM EST
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    Wells Fargo & Company
    420 Montgomery Street
    San Francisco, CA 94104
    United States - Map
    Phone: 866-249-3302
    Website: http://www.wellsfargo.com

    Index Membership:N/A
    Industry:Money Center Banks
    Full Time Employees:265,200

    Business Summary 

    Wells Fargo & Company provides retail, commercial, and corporate banking services to individuals, businesses, and institutions. Its Community Banking segment offers checking, savings, market rate, individual retirement, and health savings accounts, as well as time deposits and remittances; and lines of credit, auto floor plan lines, equity lines and loans, equipment and transportation loans, education and residential mortgage loans, and debit and credit cards. This segment also provides equipment leases, real estate and other commercial financing, small business administration financing, venture capital financing, cash management, payroll services, retirement plans, and merchant payment processing and private label financing solutions, as well as purchases retail installment contracts. Its Wholesale Banking segment offers commercial loans and lines of credit, letters of credit, asset-based lending, equipment leasing, international trade facilities, trade financing, collection, foreign exchange, treasury management, investment management, institutional fixed-income sales, interest rate, commodity and equity risk management, insurance, corporate trust fiduciary and agency, and investment banking services, as well as online/electronic products. This segment also provides construction, and land acquisition and development loans; secured and unsecured lines of credit; interim financing arrangements; rehabilitation loans; affordable housing loans and letters of credit; loans for securitization; commercial real estate loan servicing; and real estate and mortgage brokerage services. The company’s Wealth, Brokerage and Retirement segment offers financial advisory, wealth management, brokerage, retirement, trust, and reinsurance services. As of February 25, 2015, it operated through approximately 8,700 locations and 12,500 ATMs; offices in 36 countries; and wellsfargo.com Website. The Company was founded in 1852 and is headquartered in San Francisco, California.

    Key Statistics

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    Corporate Governance 
    Wells Fargo & Company’s ISS Governance QuickScore as of Nov 1, 2015 is 2. The pillar scores are Audit: 1; Board: 4; Shareholder Rights: 6; Compensation: 1.
    Brought to you by Institutional Shareholder Services (ISS)

    Key Executives 
    Mr. John G. Stumpf , 61
    Chairman and Chief Exec. Officer
    Mr. Timothy J. Sloan , 54
    Pres and Chief Operating Officer
    Mr. John Richard Shrewsberry , 49
    Chief Financial Officer and Sr. Exec. VP
    Ms. Carrie L. Tolstedt , 55
    Sr. Exec. VP of Community Banking
    Ms. Avid Modjtabai , 53
    Sr. Exec. VP of Consumer Lending
    Amounts are as of Dec 31, 2014 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc.Exercised is the value of options exercised during the fiscal year.
    Currency in USD.
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