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Wells Fargo WFC · USD

Financials · Banks · US listing · 🇺🇸 United States

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85.49

+1.85%

Close of 9 Nov 2026, in USD

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About Wells Fargo

From its filings with the US Securities and Exchange Commission

SEC filings

Wells Fargo is based in San Francisco, California and is incorporated in Delaware. Its shares trade on NYSE under the ticker WFC. It is a member of the S&P 500. The SEC classifies its business as national commercial banks. In the fiscal year to 31 December 2025, it reported revenue of $83.70bn and net income of $21.34bn. At that date it held total assets of $2.15trn and shareholders' equity of $181.12bn.

In its own words

At December 31, 2025, we had assets of approximately $2.1 trillion, loans of $986.2 billion, deposits of $1.4 trillion and stockholders’ equity of $181.1 billion. Based on assets, we were the fourth largest bank holding company in the United States. At December 31, 2025, Wells Fargo Bank, N.A. (the Bank) was the Company’s principal subsidiary with assets of $1.8 trillion, or 85% of the Company’s assets.

As of December 31, 2025, we had four reportable operating segments for management reporting purposes: Consumer Banking and Lending; Commercial Banking; Corporate and Investment Banking; and Wealth and Investment Management. The 2025 Annual Report to Shareholders includes financial information and descriptions of these operating segments.

1 We do not control this website. Wells Fargo has provided this link for your convenience, but does not endorse and is not responsible for the content, links, privacy policy, or security policy of this website.

Our people are what set Wells Fargo apart and are critical to our success. Wells Fargo continues to invest in our employees by offering market-competitive compensation, career-development opportunities, a broad array of benefits, and strong work-life programs. We want to be recognized as a great company for everyone by maintaining recruitment and career development practices that support our employees and provide an environment that welcomes people from different backgrounds and with different experiences.

Quoted from its 10-K, filed 24 Feb 2026. Read the filing on SEC.gov ↗

Company facts

Sector
Financials
Industry
Banks
Listed since
10 Dec 1962
Employees
205,000
Head office
333 MARKET STREET, SAN FRANCISCO, CA, 94105
Incorporated in
DE
Classification
National Commercial Banks
Filer status
Large accelerated filer

Leadership

Pay as last reported

  • Mr. Steven BlackIndependent Chairman of the Board$590,703
  • Mr. Charles ScharfPresident, Chief Executive Officer, Director, since 2019$30.3m
  • Mr. Michael SantomassimoChief Financial Officer, Senior Executive Vice President$13.5m
  • Mr. Scott PowellChief Operating Officer, Senior Executive Vice President$10.4m
  • Ms. Muneera CarrExecutive Vice President, Chief Accounting Officer, Controller
  • Mr. Derek FlowersSenior Executive Vice President, Chief Risk Officer
  • Ms. Ellen PattersonSenior Executive Vice President, General Counsel
  • Ms. Bei LingSenior Executive Vice President, Head of Human Resources
  • Ms. Bridget EngleExecutive Vice President and Head of Technology$22.1m
  • Ms. Kristy FerchoSenior Executive Vice President and Head of Diverse Segments, Representation and Inclusion
  • Mr. Kyle HranickySenior Executive Vice President, Chief Executive Officer of Commercial Banking
  • Mr. Fernando RivasSenior Executive Vice President and Chief Executive Officer - Corporate and Investment Banking$26.8m

Environmental, social and governance

Scores out of 100, from our data supplier

ESG
Overall
71
Environment
75
Social
68
Governance
71
Direct emissions (scope 1)
82,410 t
Energy emissions (scope 2)
558,616 t
Value chain emissions (scope 3)
2,405,365 t
Women in the workforce
51%
Carbon reduction policy
Yes
Human rights policy
Yes

SWOT analysis

AI-generated by our data supplier. Not written or checked by our editors.

AI-generated

Strengths

  • Established brand reputation and presence in the banking industry.
  • Diverse and extensive range of products and services offered.
  • Strong customer base and loyal customer relationships.
  • Well-developed distribution channels and widespread network of branches.

Weaknesses

  • Prolonged damage to reputation due to various scandals and controversies.
  • Lack of agility and slow response to changing market trends.
  • Inefficient risk management practices as evidenced by past regulatory issues.
  • High dependency on the U.S. market with limited international presence.

Opportunities

  • Potential for expanding into emerging markets and diversifying global operations.
  • Growing demand for digital banking services and technological advancements.
  • Increasing focus on sustainable and socially responsible banking practices.
  • Strategic partnerships and acquisitions to enhance market position.

Threats

  • Intense competition from other major banks and financial institutions.
  • Economic downturns and fluctuations affecting the banking industry.
  • Stricter regulations and compliance requirements impacting profitability.
  • Cybersecurity risks and the potential for data breaches and financial fraud.

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
TradingView

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