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Balance Sheet Cash Flow Statement 420 Montgomery St. San Francisco, CA 94163 CA Tel. 866-878-5865 Fax 626-312-3015 |
Type: Public
On the web:
http://www.wellsfargo.com
Employees:
281,000
Employee growth: 75.8%
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.
Key numbers for fiscal year ending December, 2008:
Sales: $41,897.0M
One year growth: 6.4%
Net income: $2,655.0M
Income growth: (67.0%)
Officers:
Chairman: Richard M. (Dick) Kovacevich
President, CEO, and Director: John G. Stumpf
SEVP and CFO: Howard I. Atkins
Competitors:
Bank of America
Citigroup
U.S. Bancorp
