Wells Fargo & Company logo

Wells Fargo & Company WFC

$ 63.84 -1.3%

Quarterly report 2024-Q3
added 10-31-2024

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Country

usaUSA

IPO year

-

Industry

Banks

Stock Exchange

NYSESPB

CEO

Mr. Charles Scharf

Employees in the company

274 900

Shares

3.69 B

Market Cap[1]

$ 235 B

EBITDA (LTM)

$ 10.4 B

P/E (LTM)

11.85

P/S (LTM)

-

EPS (LTM)

5.48

Wells Fargo & Company (WFC) is an American financial services company headquartered in San Francisco, California. The company was founded in 1852 and has since grown to become one of the largest financial institutions in the United States.

Wells Fargo offers a wide range of financial services, including banking, wealth management, investment banking, credit cards, mortgages, and insurance. The company serves both individual and business customers and is present in all 50 states of the USA.

WFC is known for its innovative products and services tailored to the needs of its customers. The company has also earned a reputation for excellent customer service and has been repeatedly recognized as one of America's best banks.

Wells Fargo is also committed to social responsibility and philanthropy. The company supports a variety of nonprofit organizations and initiatives focused on education, environment, health, and financial literacy.

In recent years, however, WFC has also made negative headlines, particularly in relation to a scandal involving fake accounts that resulted in a $1 billion fine. However, the company is working hard to regain the trust of its customers and improve its business practices.

Overall, Wells Fargo is an established financial services company that is constantly evolving and striving to provide its customers with the best products and services.

Other stocks of industry "Banks"

References

  1. Pavone, P. (2019). Market capitalization and financial variables: Evidence from Italian listed companies. International Journal of Academic Research Business and Social Sciences, 9(3), 1356-1371.