BNET Industries
Market Cap:$128.6B
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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Wells Fargo Names James Kimball Head of Commercial Banking for California's North Coast
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Wells Fargo Names James Kimball Head of Commercial Banking for Californias North Coast
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Boardwalk Pipeline Partners BWP Downgrade Alert, Watch for 30.8% Technical Uptrend Reversal
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Wells Fargo Initiates Coverage on Dole Food Company DOLE with a Market Perform; Well-Aligned With...
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Wells will rebrand Wachovia
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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
News & Analysis
Filter by
us market and wells fargo & co. - All News and Analysis
They're All Bubbles to Me
Seeking Alpha
- 2009-11-04
Sold At The Top submits: Wells Fargo WFC has decided that they are going to implement a new “Pick-A-Writedown” program whereby they shoehorn their massively underwater “Pick-A-Pay” borrowers into interest only loans rather than face the writedown reality. This is a desperate attempt by the bank and shows...
Wells Fargo Earnings: First Leak in the Dam?
Seeking Alpha
- 2009-10-22
Ahhh....There is nothing like the smell of an economic collpase in October. The road to recovery on Wall St. hit a pothole yesterday as banking analyst Richard Bove downgraded Wells Fargo WFC to a "SELL": by The Housing Time Bomb
Bove's Wells Fargo Call Sinks Markets
Seeking Alpha
- 2009-10-22
Greg Feirman submits: On a day when the S&P peaked its nose above 1100 for a few minutes in the morning, the market ended up having a severe late day selloff Wednesday as respected financials analyst Dick Bove downgraded Wells Fargo WFC to sell in the wake of the...
Roubini, Obama, and the Road to Market Recovery
Seeking Alpha
- 2009-07-26
Investors interested in timing the stock market’s recovery to make money are tempted to track the opinions of key commentators, whose words can affect markets. In that connection, Nouriel Roubini’s opinion can move the major market averages, possibly as much as the opinions of economist Henry Kaufman—the “Dr. Doom” of...
Wells Appears to Be Covertly Offloading Subprime Loans
Seeking Alpha
- 2009-07-16
Tyler Durden submits: A relatively obscure piece in the Triangle Business Journal, referring to a piece in the National Mortgage News, demonstrates how some of the larger banks are bypassing the PPIP and going direct to willing toxic buyers in a very "under the radar" fashion. In...
Wells Fargo Sows the Seeds for Next Foreclosures Crop
Seeking Alpha
- 2009-07-09
Bill Zielinski submits: Risk Of No Down Payment Mortgages There is longstanding and overwhelming statistical proof that zero down payment home buyers default on mortgages at a far higher rate compared to home buyers who make a down payment. This matter has lately received more attention than...
Dividend Increases Are Harder to Come By
Seeking Alpha
- 2009-07-07
David I. Templeton submits: If dividend increasing stocks were fish in a pond, the catch would be harder to come by. For the first six months of 2009, 65 companies in the S&P 500 Index either cut or suspended their dividend payment. This compares to 20 for the same...
What's Interesting About the World's 50 Safest Banks
Seeking Alpha
- 2009-07-07
Market Folly submits: While this list was released back in March 0f 2009, we wanted to publish it up as we forgot to at the time. Global Finance World publishes a list of the World's 50 Safest Banks and they edited it mid-year which reflects the turmoil within the...
Deteriorating Housing Backdrop; Why Wells Fargo Rally Won't Last
Seeking Alpha
- 2009-04-21
Tyler Durden submits: When thinking about banks, start with housing. The Homeowner Affordability and Stability Plan may slow foreclosures, and homebuyer Federal tax credits are stabilizing sales. But what matters more are home prices and defaults on existing loans: We expect additional home price declines of 15% at a...
U.S. Banks Merely Papering Over Losses
Seeking Alpha
- 2009-04-14
FP Trading Desk submits: If the home team has a weak goaltender, narrow the goal posts. Relaxation of mark-to-market rules is coinciding with a profit recovery for U.S. banks in the first quarter of 2009. Despite the rally in bank stocks, papering over losses is no reason to buy...
Industry Transcripts by Seeking Alpha
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Navios Maritime Holdings Inc. Q3 2009 Earnings Call Transcript
on Nov 18, 2009about NM
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Progressive Corp. Q3 2009 Earnings Call Transcript
on Nov 11, 2009about PGR
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Nelnet Inc. Q3 2009 Earnings Call Transcript
on Nov 10, 2009about NNI
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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
IndustryTop Rated
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