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November 23, 2009 9:37 PM ET

Wells Fargo & Company

(WFC:NYSE)

LAST $28.07 USD
CHANGE TODAY +0.20 0.72%
VOLUME 32.7M
As of 4:00 PM 11/23/09 All times are local (Market data by Reuters is delayed by at least 15 minutes).

Snapshot of Wells Fargo & Company (WFC)

OPEN
$28.22
PREVIOUS CLOSE
$27.87
DAY HIGH
$28.35
DAY LOW
$27.88
52 WEEK HIGH
12/9/08 - $32.76
52 WEEK LOW
03/5/09 - $7.80
MARKET CAP
131.5B
AVERAGE VOLUME 3 mo
36.6M
DILUTED EPS TTM
$0.85
SHARES OUTSTANDING
4.7B
EX-DATE
11/4/09
P/E TTM
33.0x
DIVIDEND
$0.20
DIVIDEND YIELD
0.71%
K = Thousands  M = Millions  B = Billions
BUSINESS EXCHANGE RELATED TOPICWells Fargo

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WFC Details

Wells Fargo & Company, through its subsidiaries, provides retail, commercial, and corporate banking services principally in the United States. The company operates through three segments: Community Banking, Wholesale Banking, and Wells Fargo Financial. The Community Banking segment offers deposit products, including checking accounts, savings deposits, market rate accounts, individual retirement accounts, time deposits, and debit cards. Its loan products include lines of credit, equity lines and loans, equipment and transportation loans, education loans, residential mortgage loans, and credit cards. This segment also provides receivables and inventory financing, equipment leases, real estate financing, small business administration financing, venture capital financing, cash management, payroll services, retirement plans, and merchant payment processing services. The Wholesale Banking segment provides commercial and corporate banking products and services, including commercial loans and lines of credit, letters of credit, asset-based lending, equipment leasing, mezzanine financing, high-yield debt, foreign exchange services, treasury management, investment management, institutional fixed-income sales, commodity and equity risk management, insurance, corporate trust fiduciary and agency services, and investment banking services. This segment also provides banking products for commercial real estate market. The Wells Fargo Financial segment engages in consumer finance and auto finance operations. Consumer finance operations make direct consumer and real estate loans to individuals and purchase sales finance contracts from retail merchants; and finance operations engage in making loans secured by autos. This segment also offers credit cards, as well as lease and other commercial financing products. As of December 31, 2008, Wells Fargo & Company provided its services through 11,000 stores. The company was founded in 1929 and is headquartered in San Francisco, California.

WFC Top Compensated Officers

Chief Executive Officer, President, Director ...
Age: 55
Total Annual Compensation: $878.9K
Chairman
Age: 65
Total Annual Compensation: $993.0K
Chief Financial Officer, Head of Investor Rel...
Age: 57
Total Annual Compensation: $598.8K
Senior Executive Vice President of Home & Con...
Age: 54
Total Annual Compensation: $598.8K
Senior Executive Vice President of Wholesale ...
Age: 53
Total Annual Compensation: $598.8K
Compensation as of Fiscal Year 2008.

Key developments for Wells Fargo & Company (WFC)

Wells Fargo & Company Names Lisa N. Johnson as Regional Head for Commercial Banking in Illinois and Southeast Wisconsin

Wells Fargo & Company announced that it has named Lisa N. Johnson as regional head for Commercial Banking in Illinois and southeast Wisconsin. She is based in Chicago and reports to Richard J. Kerbis, head of Commercial Banking's Midwest Division. Johnson, who led Wells Fargo Business Credit's Central Region, will be responsible for building Wells Fargo Commercial Banking's presence throughout Illinois and southeast Wisconsin while providing customers with the company's full range of financial services.

Wells Fargo & Company - Conference Presentation Call

Wells Fargo & Company - Conference Presentation Calls

Federal Court Certifies Nationwide Class of Wells Fargo Technical Support Workers Seeking Overtime Pay

Kelly M. Dermody of Lieff Cabraser Heimann & Bernstein, LLP, announced that current and former Wells Fargo & Company technical support workers throughout the United States are a significant step closer to recovering pay for overtime hours they worked. Yesterday, Judge Claudia Wilken of the United States District Court for the Northern District of California granted plaintiffs' motion for certification of the case as a collective action. The complaint charges that the workers should have been paid overtime for hours worked over 40 per week. The next step in the litigation the providing of notice to class members. A one-page form, called a 'consent to join form,' will be sent by U.S. mail and email to the several thousand employees, within nine days. Each employee should protect his or her rights by returning the form to the plaintiffs' counsel. Until an individual sends in that form, his or her statute of limitations (the time period for which overtime pay can be recovered) continues to run.

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Stock Quotes

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WFC $28.07 USD +0.20
UAL (LK) 89.25 LKR 0.00
FORR $25.70 USD +0.68
MO $19.13 USD +0.15

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WFC Competitors

Company Last Change
American International Group Inc $35.28 USD +0.18
JPMorgan Chase and Co $43.28 USD +0.82
Manulife Financial Corp C$18.78 CAD -0.18
MetLife Inc $34.49 USD +0.59
Mitsubishi UFJ Financial Group Inc ¥466.00 JPY -5.00
View Industry Companies
Market data is delayed at least 20 minutes.

Industry Analysis

Valuation WFC Industry Range
Price/Earnings 26.0x
Price/Sales 2.5x
Price/Book 1.4x
Price/Cash Flow 19.4x
TEV/Sales NM Not Meaningful

WFC

 | 

WFC transactions

Type
Date
Target
Bankruptcy
November 4, 2009
Panolam Industries International Incorporated
Bankruptcy
October 30, 2009
Ray Lloyd Realty and Construction Co.
Bankruptcy
October 29, 2009
Angers Equipment Company, Inc
View More WFC Transactions...

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