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| Wells Fargo, Minneapolis |
Wells Fargo & Company (NYSE: WFC) is the third largest financial services company in the United States. It is one of the Big Four banks in the country along with JPMorgan Chase, Bank of America and Citigroup. One in three households in America does business with Wells Fargo. It operates through three main business lines: Community Banking, Wholesale Banking, and Wealth, Brokerage and Retirement (WBR) segment. With about 270,000 employees, the company serves more than 70 million customers through a network of 8,700 retail and wealth management stores and 12,800 ATMs in North America and internationally. In 2008, Wells Fargo acquired Wachovia Corporation, one of the leading retail banks with more than 3,290 branches. Wells Fargo is the third largest bank in the U.S. by assets and one of the world’s most valuable banks by market capitalization. It is also #1 Retail mortgage lender, #1 Mortgage servicer, #1 Auto lender, #1 Small business lender and #1 provider of private student loans among banks in the United States. The company was named America's Best Consumer Internet Bank by Global Finance, the Best U.S. Bank by The Banker magazine, Most Respected Bank by Barron's and Best Insurance Broker in the U.S. by Global Finance magazine. The firm was founded on March 18, 1852 in New York City, and opened for business on July 13 of that same year. As of September 30, 2017, Wells Fargo & Company had $1.935 trillion in total assets, $941 billion in net loans and $1.307 trillion in deposits.
Key Statistics:
| Total assets | $1.930 trillion (2016) |
| Total Revenue | $88.267 billion (2016) |
| Net income | $21.938 billion (2016) |
| Total equity | $200.497 billion (2016) |
| Market capitalization | $269 billion (November 22, 2017) |
| Company Size | 269,100 employees |
Wells Fargo International Locations
Head office address:
420 Montgomery Street
San Francisco
California 94103
United States
Phone number: 1-800-869-3557
Website: www.wellsfargo.com