Wells Fargo & Company (WFC)
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John G. Stumpf, President/CEO/Director
420 Montgomery Street
San Francisco, CA 94163
US
Map it ![]()
Phone: (866) 249-3302
Fax: (626) 312-3015
Latest news from Portfolio
-
Bailed Out, but Still SinkingDec 31 2008
-
"Problem Banks" Problem GrowsNov 25 2008
-
What Wells WonOct 22 2008
-
Citi's Black HoleOct 16 2008
-
The Long Road BackOct 15 2008
Overview
A diversified financial services company which provides retail, commercial and corporate banking services through banking stores located in 23 states.
Portfolio Articles
-
Bailed Out, but Still Sinking
Some of the biggest banks that received billions in government aid are probably worse off than originally thought, a study contends.Dec 31 2008 -
"Problem Banks" Problem Grows
F.D.I.C.'s list of "problem" institutions jumps 40 percent in the third quarter. Things have only worsened since then.Nov 25 2008 -
What Wells Won
Wachovia's ugly third-quarter numbers help explain why Citigroup never came back with a higher bid.Oct 22 2008 -
Citi's Black Hole
Loss is not as deep as expected, but Pandit can't stop worrying quite yet.Oct 16 2008 -
The Long Road Back
Fed: We now have the tools, but there's much work to be done.
Oct 15 2008
News Feeds
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Wells Fargo CEO sees job cuts after Wachovia deal: report
Reuters
Jan 07 2009
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Ahead of the Bell: Deutsche cuts Wells Fargo view
AP
Jan 05 2009
-
2 big banking sector acquisitions completed
AP
Jan 01 2009
-
Bank of America, Wells close mergers as banking transforms
Reuters
Jan 01 2009
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Report: Bailout companies still shaky
Albany
Jan 01 2009
-
Wells Fargo completes Wachovia purchase
Reuters
Jan 01 2009
-
Housing, credit crises slammed bank stocks in '08
AP
Dec 31 2008
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Report: Largest TARP bailout companies still shaky
Baltimore
Dec 31 2008
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Wells cuts 53 jobs in Arizona
Charlotte
Dec 30 2008
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NC targets rising industries in midst of recession
AP
Dec 29 2008
Portfolio Blogs
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Extra Credit, Thursday Edition
Jan 02 2009
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Lending to Those Who Need It Least
Oct 14 2008
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Treasury's Standardized Terms
Oct 14 2008
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The Weakness of the Treasury's New Bailout Plan
Oct 13 2008
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What Just Happened?
Oct 09 2008
Press Releases
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Wells Fargo Fourth Quarter Earnings Information Jan-07-2009, 05:33PM EST
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Wells Fargo Whistleblower Files Lawsuit to Enforce Department of Labor Order of Reinstatement Jan-07-2009, 05:10PM EST
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Evergreen Announces Approval of New Interim Advisory Agreements for Closed-End Funds Jan-02-2009, 04:14PM EST
News From Around the Web
News
-
Mortgage Rates Drop
(New York Post)Jan 09 2009 -
Overstock.com Now 'WellsFargostock.com'
(SeekingAlpha)Jan 09 2009 -
Wells Fargo receives Gold Chamber Champion book
(Winona Daily News, Minnesota)Jan 09 2009 -
Memorial fund opened for slain bicyclist
(San Jose Mercury News)Jan 08 2009 -
Thursday Options Update: WMT, SHLD, WFC, SGR, ELN & SAP
(SeekingAlpha)Jan 08 2009 -
Modern Office Methods names Merkel COO
(BizJournals Health Care Portal)Jan 08 2009 -
Wells Fargo Whistleblower Files Lawsuit to Enforce Department of Labor Order of Reinstatement
(FindLaw)Jan 08 2009 -
Bank Stocks Tumble As Analysts Warn Of Surging Loan Losses
(Wall Street Journal)Jan 08 2009 -
Analyst cuts Wells Fargo's '09, '10 earnings estimates
(Winston-Salem Journal, North Carolina)Jan 08 2009 -
Wells Fargo buys $730M in loans, leases from GE
(San Francisco Business Times)Jan 07 2009
Blogs
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Cramer on BloggingStocks: Cramer bullish on the Dow for '09 -- Part IV
(Blogging Stocks)Jan 08 2009 -
Credit cards: Another catch 22
(Blogging Stocks)Jan 08 2009 -
Jan 08 2009
-
Attention Wachovia Employees
(DealBreaker.com)Jan 07 2009 -
Cramer on BloggingStocks: Cramer bullish on the Dow for '09 -- Part III
(Blogging Stocks)Jan 07 2009
Employees
Number of Employees: 159,800
Revenue per Employee: $339,196
Financials
Quarterly
Annual
| Income Statement | 10/2008 | 07/2008 | 04/2008 | 01/2008 |
|---|---|---|---|---|
| Sales | NA | NA | NA | NA |
| Gross Operating Profit | 12.77 Bil. | 0 | 13.65 Bil. | 13.96 Bil. |
| Operating Income before D & A (EBITDA) | 12.77 Bil. | 0 | 13.65 Bil. | 13.96 Bil. |
| Total Income Before Interest Expenses (EBIT) | 12.77 Bil. | 8.55 Bil. | 13.65 Bil. | 13.96 Bil. |
| Total Net Income | 1.64 Bil. | 1.75 Bil. | 2 Bil. | 1.36 Bil. |
| Basic EPS, Total | 0.49 | 0.53 | 0.61 | 0.41 |
| Diluted EPS, Total | 0.49 | 0.53 | 0.6 | 0.41 |
| BALANCE STATEMENT | 10/2008 | 07/2008 | 04/2008 | 01/2008 |
|---|---|---|---|---|
| Cash and Equivalents | NA | NA | NA | NA |
| Total Assets | NA | NA | NA | NA |
| Total Liabilities | NA | NA | NA | NA |
| Total Capitalization | 154.31 Bil. | NA | 48.16 Bil. | 147.02 Bil. |
| Cash Flow | 10/2008 | 07/2008 | 04/2008 | 01/2008 |
|---|---|---|---|---|
| Net Cash From Continuing Operations | NA | NA | NA | NA |
| Net Cash From Investing Activities | NA | NA | NA | NA |
| Net Cash From Financing Activities | NA | NA | NA | NA |
| Net Change in Cash & Cash Equivalents | NA | NA | NA | NA |
| Income Statement | 2008 | 2007 | 2006 | 2005 |
|---|---|---|---|---|
| Sales | NA | NA | NA | NA |
| Gross Operating Profit | 53.59 Bil. | 25.03 Bil. | 19.01 Bil. | 14.59 Bil. |
| Operating Income before D & A (EBITDA) | 53.59 Bil. | 25.03 Bil. | 19.01 Bil. | 14.59 Bil. |
| Total Income Before Interest Expenses (EBIT) | 53.59 Bil. | 25.03 Bil. | 19.01 Bil. | 14.59 Bil. |
| Total Net Income | 8.06 Bil. | 8.48 Bil. | 7.67 Bil. | 7.01 Bil. |
| Basic EPS, Total | 2.41 | 2.52 | 2.28 | 2.08 |
| Diluted EPS, Total | 2.38 | 2.49 | 2.25 | 2.05 |
| BALANCE STATEMENT | 2008 | 2007 | 2006 | 2005 |
|---|---|---|---|---|
| Cash and Equivalents | NA | NA | NA | NA |
| Total Assets | NA | NA | NA | NA |
| Total Liabilities | NA | NA | NA | NA |
| Total Capitalization | 147.02 Bil. | NA | NA | NA |
| Cash Flow | 2008 | 2007 | 2006 | 2005 |
|---|---|---|---|---|
| Net Cash From Continuing Operations | NA | NA | NA | NA |
| Net Cash From Investing Activities | NA | -20.7 Bil. | -30.07 Bil. | -53.04 Bil. |
| Net Cash From Financing Activities | NA | -11.76 Bil. | 41.9 Bil. | 30.3 Bil. |
| Net Change in Cash & Cash Equivalents | NA | -369 Mil. | 2.49 Bil. | -2.64 Bil. |
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