Wells Fargo & Company - Company Profile

Access all 5,000+ company profiles through the Benchmarking Pro Membership. Unlock interactive competitor comparison tools that show you how Wells Fargo & Company stacks up to the competition and put relevant competitor and industry information at your fingertips.

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 is a public company headquartered in California with an estimated 217,000 employees. In the US, the company has a notable market share in at least six industries: Commercial Banking, Auto Leasing, Loans & Sales Financing, Loan Administration, Check Cashing & Other Services, Investment Banking & Securities Intermediation, Private Banking Services, Invoice Factoring and Commercial Banking. Their largest market share is in the Invoice Factoring industry, where they account for an estimated 10.6% of total industry revenue.

Company Details

  • Registered Name: Wells Fargo & Company
  • Company Type: Operating
  • Exchange: NYSE, OTC
  • Headquarters: 420 Montgomery St, San Francisco, CA 94104
  • Website: http://www.wellsfargo.com
  • Employees: 217,000

Wells Fargo & Company - Operating Industries and Main Competitors

To view all of Wells Fargo & Company's operating industries and competitors, see purchase options.

Wells Fargo & Company - Products and Services

Private Banking Services

Of the 5 core revenue-generating products and services in the Private Banking Services industry, Wells Fargo & Company offers:

  • Cash and equivalent assets

Investment Banking & Securities Intermediation

Of the 10 core revenue-generating products and services in the Investment Banking & Securities Intermediation industry, Wells Fargo & Company offers:

  • Brokering and dealing services for derivative contracts
  • Financial advisory and investment management services
  • Other

Loan Administration, Check Cashing & Other Services

Of the 3 core revenue-generating products and services in the Loan Administration, Check Cashing & Other Services industry, Wells Fargo & Company offers:

  • Cash handling and management services for businesses
  • Loan servicing and administration
  • Other

Auto Leasing, Loans & Sales Financing

Of the 5 core revenue-generating products and services in the Auto Leasing, Loans & Sales Financing industry, Wells Fargo & Company offers:

  • New and used vehicle leasing
  • New and used vehicle loans
  • Other
To view Wells Fargo & Company's full products and services, see purchase options.

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 Private Banking Services , Investment Banking & Securities Intermediation , Loan Administration, Check Cashing & Other Services , Auto Leasing, Loans & Sales Financing , Commercial Banking industries

Strengths

Days Receivables: x.x%

Rank: 2 of 3 peers

Annual Turnover: x.x%

Rank: 2 of 3 peers

Weaknesses

Credit Risk: x.x%

Rank: 2 of 3 peers

Revenue per Employee: $xx

Rank: 2 of 3 peers

Opportunities

Threats

  • AAAAA
  • AAAAA
  • AAAAA
To view Wells Fargo & Company's full SWOT analysis, see purchase options.

Looking for IBISWorld Industry Reports?

Gain strategic insight and analysis on 700+ in the United States industries
(& thousands of global industries)

Browse industries

Wells Fargo & Company - Financial Statements

Wells Fargo & Company Income Statement

BALANCE DATE 12/31/2018 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023
Revenue 86,408.0 85,063.0 74,264.0 79,166.0 74,368.0 82,597.0
Cost of Revenue
Cost of Revenue, Non-Cash
Gross Profit
00000

Wells Fargo & Company Balance Sheet

BALANCE DATE 12/31/2018 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023
Cash and Equivalents 173,287.0 141,250.0 264,612.0 234,230.0 159,157.0 33,026.0
Short-Term Investments
Derivative Assets, Current
Restricted Cash and Investments
00000

Wells Fargo & Company Cash Flow

BALANCE DATE 12/31/2018 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023
Net Income 22,876.0 20,041.0 3,662.0 23,799.0 13,378.0 19,029.0
Income (Loss) From Discontinued Operations
Depreciation, Depletion and Amortization
Amortization of Financing Costs and Discounts
00000
To view all financial data for Wells Fargo & Company, see purchase options.

Why purchase access to Benchmarking Pro?

This profile on Wells Fargo & Company includes:

  • Company Overview
  • Company Revenue and Employee Data
  • Company Financial Statements
  • Industry Market Share Breakdown
  • Industry Competitor Matrix
  • SWOT Analysis
  • Products and Services
  • Key Company Benchmarks
  • Interconnected Competitor Profiles and Industry Reports
  • Full Access to Benchmarking Pro

The IBISWorld Benchmarking Pro solution enables you to:

  • Understand an enterprise’s competitive landscape and how they perform within a like-sized industry segment.
  • Benchmark companies against industry averages, segment averages and their competitors.
  • Identify real-world strengths, opportunities, weaknesses and threats for companies.
  • Target growth opportunities or spot red flags in a business growth strategy.
  • Toggle between company profiles and industry reports for a 360 degree view of a company's position.

IBISWorld provides profiles on thousands of leading companies around the world. Our clients rely on our information and data to stay up-to-date on business and industry trends across all sectors of the economy. This company profile, along with the corresponding competitor and industry data provided, includes thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

Get Instant Access with Benchmarking Pro Membership

Purchase to read full report
Purchase options Download Sample
100% Money Back Guarantee Digicert Trusted

Benchmarking Pro

What's Inside
Benchmarking Pro?

A suite of company and industry data that:
  • Benchmarks companies against industry averages or like-sized segments, as well as close competitors
  • Identifies real-world strengths, opportunites, weaknesses and threats
  • Reveals growth opportunities or red flags in a business growth strategy
Learn more

Included in Report

  • Enterprise History & Synopsis Enterprise History & Synopsis
  • Enterprise Financial Statements Company Financial Statements
  • Financial Ratios Industry Market Share Breakdown
  • Industry Averages Industry Competitor Matrix
  • Competitive Landscape SWOT Analysis
  • Key Enterprise Personnel Products and Services
  • Subsidiaries & Ownership Structure Key Company Benchmarks

View all Companies

Trusted by More Than 10,000 Clients Around the World

  • IBISWorld client - VISA
  • IBISWorld client - ADP
  • IBISWorld client - Deloitte
  • IBISWorld client - AMEX
  • IBISWorld client - Bank of Montreal
Purchase options