About Wells Fargo and Company Overview
Wells Fargo & Company (NYSE: WFC) is a diversified financial services company providing banking, insurance, investments, mortgage and consumer finance for more than 23 million customers through 6,000 stores, the internet and other distribution channels across North America and elsewhere internationally. We're headquartered in San Francisco, but we're decentralized so every local Wells Fargo store is a headquarters for satisfying all our customers' financial needs and helping them succeed financially. Wells Fargo has $482 billion in assets and 158,000 team members across our 80+ businesses. We're one of the United States' top-40 largest private employers. We ranked fifth in assets and fourth in market value of our stock among our peers as of December 31, 2006. Our vision: satisfy all our customers' financial needs, help them succeed financially, be known as one of America's great companies and the number-one financial services provider in each of our markets.
| Wells Fargo Reputation | |
|---|---|
| FORTUNE | America's “Most Admired” Large Bank Ranked 52nd in revenue among all companies in all industries World's 29th –most profitable company |
| Barron's | Ranked 12th most admired company in the world |
| Business Ethics | Ranked top-20 corporate citizen |
| BusinessWeek | Among top 25 Best Places to Launch a Career Among top 10 Most Generous Corporate Donors |
| Forbes | Among top 25 U.S. companies in all industries based on a composite ranking of revenue (sales), profits, assets and market value Ranked nation's 5th most Generous Corporate Foundation |
| Moody's | “Aaa” credit-rated U.S. bank |
| Standard & Poor's Ratings Services |
Only bank in the U.S. to be rated “AA+” |
| Diversity Inc. | Among top 50 companies in all industries for diversity |
| Mergent, Inc. | “Dividend Achiever” (publicly-traded companies that increased dividends for last 10+ consecutive years; Wells Fargo has increased dividends for 18 consecutive years; 23 increases since 1988) |
| LATINA Style | Among top 50 U.S. companies for Latinas |
| Points of Light Foundation |
Excellence in Workplace Volunteer Programs |
| Working Mother Magazine |
Among 100 best companies for working mothers |
| Change Sciences Group |
#1 Online Mortgage Experience |
| Mortgage Bankers Association | #2 largest U.S. commercial by volume |
| CIO | CIO 100 Winner for Wholesale Internet and Treasury Solutions |
| KeyNote WebExcellence |
#2 Full-Service Online Brokerage |
| KEY FACTS (12/31/06) IR | INDUSTRY RANKINGS | ||
|---|---|---|---|
| Assets | $482 billion | Retail banking cross-sell | #1 |
| Full-time team Members | 158,000 | Small business lender | #1 |
| Stores | 6,062 | Agricultural lending | #1 |
| ATMs | 6,700 | Cross-channel customer experience | #1 |
| Market value of stock | $120 billion | Insurance brokerage sales* | #1 |
| Retail home mortgage lender | #1 |
*Wells Fargo owns the largest bank-affiliated insurance broker.
POWERFUL DISTRIBUTION
- #1 in total stores (6,062 stores)
- #3 in banking stores (3,213 stores in 23 states)
- #1 in mortgage stores (presence in more than 2,400 stores)
- Supermarket stores (599 stores)
- Consumer Finance (1,180 stores)
- Nation's first bank to provide online account access
- #1 personal credit market share in Wells Fargo's banking states
- One of nation's largest telephone banking networks (20 million calls monthly)
- #3 branded bank ATM owner (6,700 ATMs)
- #2 debit card issuer
- #1 prime home-equity lender in Wells Fargo's banking states
Fox Valley Wells Fargo Home Mortgage Lender