BNET Industries

Market Cap:$131.1B
Last Fiscal Year Sales:$39.3B
- Public
- US
Dow Jones Description
Wells Fargo & Company is a diversified financial services company with $1.4 trillion in assets, providing banking, insurance, investments, mortgage and consumer finance through almost 11,000 stores and the internet across North America and internationally. Wells Fargo Bank, N.A. has the highest possible credit rating, ?Aaa,? from Moody?s Investors Service and the highest credit rating given to a U.S. bank, ?AA+,? from Standard & Poor?s Ratings Services.
Number of Employees 159,800
Contact Information
420 Montgomery Street
San Francisco, California 94104-1205
415.396.7152
Peer Companies
NAICS Code Commercial Banking: 522110
Recent Events
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John Standerfer: Et tu, Warren?
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This Just In: Upgrades and Downgrades
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Upgrades and Downgrades: American Eagle Soars
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Wells Fargo Initiates Coverage on AGA Medical Holdings AGAM with a Market Perform
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Wells Fargo Upgrades RC2 Corp. RCRC to Outperform; Valuation Offers Positive Risk/Reward
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Wells Fargo Names John Manning Head of Commercial Banking Division for Greater Los Angeles
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Wells Fargo Initiates Coverage on Hologic HOLX with an Outperform
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Wells Fargo Initiates Coverage on SAVVIS, Inc. SVVS with a Market Perform
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PRU: Wells Fargo Ups to "Buy"; $17 Target
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Analyst Upgrades for November 24th
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Analyst Downgrades for November 24th
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Analyst Upgrades for November 23rd
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Wells Fargo Upgrades Cogent Communications Group CCOI to Outperform; Valuation Compelling Vs. Peers
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Wells Fargo CEO Stumpf sees hope in Atlanta
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Warren Buffett Is a Growth Investor
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Japan's Govt. Announces Deflation For First Time In Three Years
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You're No PayPal, AmEx
News & Analysis
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bank and wells fargo & co. - All News and Analysis
Wall Street Profits Revive, Bank Bonuses May Jump
By Joan GrallaNEW YORK (Reuters) - New York Stock Exchange member firms earned a record $35.7 billion for their broker-dealer operations in the first six months of this year, which is 1-1/2 times above the previous high-water mark set in 2000, the state comptroller said in a report on Tuesday.Six...
Morgan Stanley, Wells Fargo Earnings Reveal A Confused Consensus Among Bank Analysts
When you look under the hood, the strong third-quarter performances of Morgan Stanley and Wells Fargo make for a great example of how uncertain -- and conflicted -- opinions are in the banking sector right now. Morgan Stanley increased its involvement in risk-based activities such as underwriting...
Atlas Pipeline Holdings, L.P. Q2 2009 Earnings Call Transcript
Question-and-Answer Session Operator Operator Instructions Our first question comes from the line of Sharon Lui with Wells Fargo. You may proceed. Sharon Lui - Wells Fargo The question refers to I guess your Elk City/Sweetwater volumes. It was like there's been a sequential decline but the NGL production remained...
Which Banks are -- and Aren't -- Modifying Home Loans?
The federal Making Home Affordable initiative is off to a slow start in its mission of offering mortgage relief to millions of Americans hurt by the real estate bust. That's mostly because adjusting the loan terms, interest rate or principal for, say, a recently unemployed homeowner doesn't pay for...
Never Mind Good Earnings -- Banks Still Face Dangerous Credit Losses
What might "The Closer's" ace detective Brenda Johnson glean from what these senior bank officials said this month in discussing their respective companies' latest earnings? "I would say consumer charge-offs may be close to peaking in dollar terms around year-end, although we believe it will stay elevated post to...
Are Morale-Building Junkets Unseemly in This Economy?
Wells Fargo Bank took a beating in the press and the public eye this week after executives first defended, then cancelled, a lavish corporate junket to Las Vegas. The event is a Well Fargo tradition to honor top performers, but the bank drew criticism for spending big...
Two Banking Models Emerge Post-Meltdown
Two distinct banking models seem to emerging from the mess of the financial meltdown. Neither one is particularly new. One model, followed by Citigroup, JP Morgan Chase & Co. and Bank of America, is to be a behemoth that is all things to all customers -- retail, commercial,...
Hercules Technology Growth Capital, Inc. Q3 2008 Earnings Call Transcript
Question-and-Answer Session Operator Operator instructions Our first question comes from Troy Ward with Stifel Nicolaus. Troy Ward – Stifel Nicolaus Good afternoon, guys. Manuel Henriquez Hey, Troy. Troy Ward – Stifel Nicolaus Hey. Just real quickly, we'll start kind of towards the end of your...
Banks Should Forget the Moral Hazard for Now
Michael Steinberg submits: Wells Fargo WFC published “Wells Fargo, NACA Collaborate on Programs to Benefit At-Risk Mortgage Customers” on Friday. Wells cites the Neighborhood Assistance Corporation of America’s (NACA) ability to gain insight into their customers and create effective mortgage restructuring programs to avert foreclosures. Wells will also continue to...
Wells Fargo: Short Increase Decreases on Positive Earnings
Jessica Johnson submits: Wells Fargo WFC delivered better than expected third-quarter earnings of $1.64bn on Wednesday, amidst news that customers anxious to move away from struggling rivals had flooded the bank with their deposits. The data here reflects this news: short interest in WFC has decreased significantly from...
Industry Transcripts by Seeking Alpha
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Navios Maritime Holdings Inc. Q3 2009 Earnings Call Transcript
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Progressive Corp. Q3 2009 Earnings Call Transcript
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Nelnet Inc. Q3 2009 Earnings Call Transcript
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American Apparel Q3 2009 Earnings Call Transcript
on Nov 10, 2009about APP
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MBIA Inc. Q3 2009 Earnings Call Transcript
on Nov 10, 2009about MBI
Glass Door
Wells Fargo
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