Last $51.44 USD
Change Today +0.29 / 0.57%
Volume 8.9M
WFC On Other Exchanges
Symbol
Exchange
New York
Mexico
Sao Paulo
Frankfurt
Bogota
As of 8:04 PM 08/29/14 All times are local (Market data is delayed by at least 15 minutes).

wells fargo & co (WFC) Snapshot

Open
$51.27
Previous Close
$51.15
Day High
$51.47
Day Low
$51.18
52 Week High
07/3/14 - $53.08
52 Week Low
10/9/13 - $40.07
Market Cap
268.5B
Average Volume 10 Days
8.7M
EPS TTM
$4.05
Shares Outstanding
5.2B
EX-Date
08/6/14
P/E TM
12.7x
Dividend
$1.40
Dividend Yield
2.53%
Current Stock Chart for WELLS FARGO & CO (WFC)

wells fargo & co (WFC) Related Businessweek News

View More BusinessWeek News

wells fargo & co (WFC) Details

Wells Fargo & Company provides retail, commercial, and corporate banking services to individuals, businesses, and institutions. The company’s Community Banking segment offers checking and market rate accounts, savings and time deposits, individual retirement accounts, and remittances; and lines of credit, auto floor plan lines, equity lines and loans, equipment and transportation loans, education and residential mortgage loans, and credit and debit cards. This segment also provides equipment leases, real estate and other commercial financing, small business administration financing, venture capital financing, cash management, payroll services, retirement plans, health savings accounts, and merchant payment processing and private label financing solutions, as well as purchases retail installment contracts. Its Wholesale Banking segment offers commercial loans and lines of credit, letters of credit, asset-based lending, equipment leasing, international trade facilities, trade financing, collection, foreign exchange, treasury management, investment management, institutional fixed-income sales, interest rate, commodity and equity risk management, insurance, corporate trust fiduciary and agency, and investment banking services, as well as online/electronic products. This segment also provides construction, and land acquisition and development loans; secured and unsecured lines of credit; interim financing arrangements; rehabilitation loans; affordable housing loans and letters of credit; loans for securitization; commercial real estate loan servicing; and real estate and mortgage brokerage services. The company’s Wealth, Brokerage, and Retirement segment offers financial advisory, wealth management, brokerage, retirement, trust, and reinsurance services. As of March 7, 2014, it operated through 9,000 locations and 12,000 ATMs, and offices in 36 countries, as well as through wellsfargo.com. The Company was founded in 1852 and is headquartered in San Francisco, California.

wells fargo & co (WFC) Top Compensated Officers

Chairman, Chief Executive Officer and Preside...
Total Annual Compensation: $2.8M
Senior Executive Vice President of Community ...
Total Annual Compensation: $1.7M
Senior Executive Vice President of Wholesale ...
Total Annual Compensation: $1.7M
Senior Executive Vice President of Consumer L...
Total Annual Compensation: $1.7M
Senior Executive Vice President of Wealth, Br...
Total Annual Compensation: $1.7M
Compensation as of Fiscal Year 2013.

wells fargo & co (WFC) Key Developments

Wells Fargo Names Rick Redden as Regional President for the Carolinas

Wells Fargo & Company announced that it has named a new lead regional president for the Carolinas, a role that oversees lending to consumers and small businesses across both states. Rick Redden, Wells Fargo's regional president for South Carolina, fills the position formerly held by Stan Kelly. In May, Wells Fargo announced Kelly's retirement as head of community banking for the Carolinas, a position he had held since Wells Fargo's purchase of Charlotte-based lender Wachovia six years ago. Redden, who will be based in Charlotte, will report to Laura Schulte, president of Wells Fargo's Eastern U.S. community bank operation. Redden will oversee a territory that includes 460 branches and 5,100 employees across North and South Carolina. Redden will work from Kelly's former office in uptown Charlotte on the 40th floor of One Wells Fargo.

Wells Fargo Launches New Fintech Accelerator

Wells Fargo has launched a new accelerator program that aims to mentor and kickstart emerging startups in the financial services technology space. Wells Fargo is giving each company in its accelerator between $50,000 and $500,000. The effort will be led out of San Francisco by vice presidents Braden More, Bipin Sahni and Steve Ellis.

Wells Fargo & Co. Issues Approximately $5.4 Million of Medium-Term Notes, Series K, Due August 19, 2031

Wells Fargo & Co. issued approximately $5.4 million of medium-term notes, series K, due Aug. 19, 2031. The interest on the notes will be paid on each Feb. 19, May 19, Aug. 19 and Nov. 19, commencing Nov. 19, 2014, and at stated maturity or earlier redemption. The interest rate will be 3.25% from Aug. 19, 2014, to Aug. 18, 2019; 3.75% from Aug. 19, 2019, to Aug. 18, 2024; 4.50% from Aug. 19, 2024, to Aug. 18, 2029; and 5.75% from Aug. 19, 2029, to Aug. 18, 2031. The notes are redeemable by Wells Fargo, in whole or in part, on any interest payment date occurring on or after Aug. 19, 2019, at 100% of their principal amount plus accrued and unpaid interest to, but excluding, the redemption date. The proceeds to the company will be about $5.3 million. Wells Fargo Securities LLC is the agent.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
WFC:US $51.44 USD +0.29

WFC Competitors

Market data is delayed at least 15 minutes.

Company Last Change
No competitor information is available for WFC.
View Industry Companies
 

Industry Analysis

WFC

Industry Average

Valuation WFC Industry Range
No financial data is available for WFC.
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact WELLS FARGO & CO, please visit www.wellsfargo.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.