Wells Fargo & Company · San Francisco, CA United States ·(NYSE: WFC)
Company Description
Phone: 866-878-5865
Fax: 626-312-3015
Rankings
- #54 in FT Global 500
- #41 in FORTUNE 500
- S&P 500
View Wells Fargo & Company Locations On A US Map
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This link will open in a new window This stagecoach likely makes a stop near you. One of the top 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. Services include consumer and business banking, investment management, insurance, and venture capital investment. A top residential mortgage lender in the US, Wells Fargo is also one of the largest mortgage servicers. The company is a banking industry leader in insurance brokerage through its Wells Fargo Insurance Services subsidiary, as well as leading in mutual funds, online banking, and online brokerage services. In 2008 Wells Fargo bought Wachovia , which increased its assets to some $1.3 trillion. To read the full description, subscribe now.
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Key Wells Fargo & Company Financials
| Company Type | Public - NYSE: WFC Headquarters |
| Fiscal Year-End | December |
| 2008 Sales (mil.) | $41,897.0 |
| 2008 Employees | 281,000 |
Wells Fargo & Company Executives
167 executives listed for Wells Fargo & Company's San Francisco, CA location.
| Title | Name & Bio | Contact |
| Chairman | Richard Kovacevich | Network |
| President, CEO, and Director | John Stumpf | Network |
| SEVP and CFO | Howard Atkins | Network |
Competition
Competitive Landscape for Wells Fargo & Company
Demand is related to consumer income and commercial business activity. When the economy grows, so does the demand for personal and business insurance. When the economy contracts, as it did in the late 2000s, demand for insurance falls. The profitability of individual agencies depends on effective marketing, client referrals, and customer service. Large agencies have advantages in name recognition, connections with more insurers, and the ability to craft more complex insurance packages. Although small agencies formerly competed by specializing in a specific product line, they are increasingly diversifying to build business. Average annual revenue per employee is around $200,000. To read the full description, subscribe now.Top Wells Fargo & Company Competitors
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