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COMPANY BENCHMARKING • UNITED STATES

Wells Fargo & Company - Company Profile

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Wells Fargo & Company - Overview

Brands
Abbot Downing, Wells Fargo Advisors, Wells Fargo Advisors Financial Network LLC, Wells Fargo Clearing Services LLC, Wells Fargo Rail, Wells Fargo Securities
Description
Wells Fargo & Company is a public company headquartered in California with an estimated 248,000 employees. In the US, the company has a notable market share in at least seven industries: International Trade Financing, Invoice Factoring, Securities Brokering, Commercial Banking, Loan Administration, Check Cashing & Other Services, Private Banking Services and Auto Leasing, Loans & Sales Financing. Their largest market share is in the International Trade Financing industry, where they account for an estimated 12.1% of total industry revenue and are considered a Golden Goose because they display medium to strong market share and strong profit, but slower revenue growth than some of their peers.
Company Details

Registered Name: Wells Fargo & Company

Company Type: Operating

Exchange: NYSE, OTC

Headquarters: 420 Montgomery Street San Francisco CA 94163

Website: http://www.wellsfargo.com

Employees: 248000

Wells Fargo & Company - Operating Industries and Main Competitors

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Wells Fargo & Company - Products and Services

  • Commercial Banking in the US

  • Of the 6 core revenue-generating products and services in the Commercial Banking in the US industry, Wells Fargo & Company offers:
    • Commercial and industrial loans
    • Credit card loans
    • Depository services and other noninterest-income generating products
    • AAAAA AAAAA
  • Securities Brokering in the US

  • Of the 7 core revenue-generating products and services in the Securities Brokering in the US industry, Wells Fargo & Company offers:
    • Brokering and dealing for debt instruments
    • Brokering and dealing for derivative contracts
    • Brokering and dealing for equities
    • AAAAA AAAAA
  • Auto Leasing, Loans & Sales Financing in the US

  • Of the 5 core revenue-generating products and services in the Auto Leasing, Loans & Sales Financing in the US industry, Wells Fargo & Company offers:
    • New and used vehicle leasing
    • New and used vehicle loans
    • Other
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Wells Fargo & Company - Analyst Insights

Wells Fargo’s Corporate and Investment Banking total revenue slightly decreased

Wells Fargo’s Corporate and Investment Banking total revenue slightly decreased from $13.9 million in 2020 to $13.8 million in 2021. The company explains that this decrease was driven by the lower net gains from its trading activities which in turn were driven by its lower volumes of interest rate products and lower client trading activity for equity products in 2020. Among other negative effects in the economy, the 2020 coronavirus pandemic caused market volatility in the trading of equity products.

COVID|Balance Sheet


In response to volatile demand in the wake of the first COVID-19 surge, the company undertook a comprehensive cost reduction program, aimed at shoring up labor and supply costs.

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Wells Fargo & Company - SWOT Analysis

Strengths and weaknesses take into account internal factors, and are based on Wells Fargo & Company's performance in comparison to its competitors. Opportunities and Threats focus on external influences, and are based on trends and demand in the Commercial Banking in the US, Securities Brokering in the US, and Auto Leasing, Loans & Sales Financing in the US industries.
Strengths
Days Receivables: x.x%
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Rank: 2 of 3 peers
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Annual Turnover: x.x%
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Rank: 2 of 3 peers
Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book.
Weaknesses
Credit Risk: x.x%
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Rank: 2 of 3 peers
Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book.
Revenue per Employee: $xx
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Rank: 2 of 3 peers
Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book.
Opportunities
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Threats
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Wells Fargo & Company - Financial Statements & Ratios

pie_chartWells Fargo & Company Income Statement

BALANCE DATE12/31/202112/31/202012/31/201912/31/201812/31/201712/31/2016
Revenue78,492.074,264.085,063.086,408.088,389.088,267.0
Cost of Revenue000000000000000000000000
Cost of Revenue, Non-Cash000000000000000000000000
Gross Profit000000000000000000000000
AAAAAA AAAAAA000000000000000000000000

pie_chartWells Fargo & Company Balance Sheet

BALANCE DATE12/31/202112/31/202012/31/201912/31/201812/31/201712/31/2016
Cash and Equivalents234,230.0264,612.0141,250.0173,287.0215,947.0221,400.0
Short-Term Investments000000000000000000000000
Derivative Assets, Current000000000000000000000000
Restricted Cash and Investments000000000000000000000000
AAAAAA AAAAAA000000000000000000000000

pie_chartWells Fargo & Company Cash Flow

BALANCE DATE12/31/202112/31/202012/31/201912/31/201812/31/201712/31/2016
Net Income23,238.03,586.020,041.022,876.0N/AN/A
Income (Loss) From Discontinued Operations000000000000000000000000
Depreciation, Depletion and Amortization000000000000000000000000
Amortization of Financing Costs and Discounts000000000000000000000000
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