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Wells Fargo

Wells Fargo is a provider of personal and commercial financial services including banking, mortgage, investment, credit card and insurance. Read more

WELLS FARGO TOP COMPETITORS OR ALTERNATIVES

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COMPANY

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JPMorgan Chase is one of Wells Fargo's top rivals. JPMorgan Chase's headquarters is in New York, New York, and was founded in 1799. Like Wells Fargo, JPMorgan Chase also competes in the Diversified Financial Services industry. JPMorgan Chase generates 174% of Wells Fargo's revenue.

Bank of America has been one of Wells Fargo's top competitors. Bank of America was founded in 1998 in Charlotte, North Carolina. Like Wells Fargo, Bank of America also operates in the Diversified Financial Services field. Bank of America generates $12.8B more revenue than Wells Fargo.

Citi is one of Wells Fargo's top competitors. Citi was founded in New York, New York} in 1812. Like Wells Fargo, Citi also competes in the Diversified Financial Services sector. Compared to Wells Fargo, Citi generates $208M more revenue.

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Wells Fargo Quarterly and Annual Revenue

Trailing 12-Months Trend (TTM)

Annual Revenue

$72.7B

Wells Fargo's revenue is the ranked 4th among it's top 10 competitors. The top 10 competitors average 39.1B. Over the last four quarters, Wells Fargo's revenue has grown by 1.3%. Specifically, in Q1 2021's revenue was $18.1B; in Q4 2020, it was $17.9B; in Q3 2020, it was $18.9B; in Q2 2020, Wells Fargo's revenue was $17.8B.

Wells Fargo Acquisitions

COMPANY ACQUIRED
ACQUISITION DATE
AMOUNT
DESCRIPTION

-

Commercial Distribution Finance, GE Capital

Oct 2015

Source »
undisclosed
-

-

Vendor Finance Business, GE Capital

Oct 2015

Source »
undisclosed
-

-

Rail Car Leasing Business, General Electric Company

Oct 2015

Source »
undisclosed
-

-

-

Sep 2012

Source »
$undefined
-

-

Merlin Securities LLC

Apr 2012

Source »
undisclosed
-

These are all the companies that Wells Fargo has acquired. Wells Fargo has acquired 17 companies and its latest acquisition was Commercial Distribution Finance, GE Capital in Oct 2015.

Wells Fargo Funding History

No recent funding data found related to Wells Fargo

Wells Fargo Investments

COMPANY

DESCRIPTION

AMOUNT

INVESTMENT DATE

ROUND

EXIT DATE

FIA Tech is a District of Columbia-based company that provides services including documentation, brokerage processing and regulatory reporting for businesses.
$44M
Jun 17, 2021
Equity
-
Welltower is an Ohio-based real estate investment trust that invests in senior housing and healthcare real estate properties.
$4B
Jun 08, 2021
Post-IPO Debt
-
Four Corners is a California-based real estate investment company that owns, operates, manages and develops restaurant properties.
$650M
Jun 03, 2021
Post-IPO Debt
-
Growve is a Florida-based technology-enabled consumer products company that acquires and operates Amazon third-party businesses and other D2C brands.
$175M
May 26, 2021
Debt
-
JLLIPT is an Illinois-based REIT that engages in real estate property development, acquisition, leasing and related services.
$650M
May 26, 2021
Post-IPO Debt
Sep 30, 2012

These are all the companies that Wells Fargo has invested in. Wells Fargo has invested 17 companies and its latest investment was Commercial Distribution Finance, GE Capital in Oct 2015.

Wells Fargo News

June 16, 2021Equipment Finance Advisor

'Fuel for Growth'

Wells Fargo Investment Institute (WFII) released its "2021 Midyear Outlook: Fuel for Growth," calling... See more »
June 15, 2021MarketScreener

Wells Fargo CFO sticks with 2021 net interest income guidance

(marketscreener.com) Wells Fargo & Co Chief Financial Officer Mike Santomassimo said on Tuesday that ... See more »
June 11, 2021The Business Journals: Jacksonville

Black Business Investment Fund gets $3M grant from Wells Fargo to help minority-owned firms in Florida

The money will help companies in Orlando, South Florida and Jacksonville.... See more »
June 10, 2021Automotive News

Wells Fargo, customers reach preliminary settlement in GAP refund case

Wells Fargo, one of the largest U.S. auto lenders, could end up paying more than $400 million in guar... See more »
June 10, 2021The Business Journals: New York

Wells Fargo debuts new credit cards as 'a key step in transformation'

Wells Fargo said Tuesday that its debut of a new portfolio of credit cards is part of the bank's tran... See more »
June 5, 2021FinTech InShorts

Raises $175M In Funding -

Growve Raises $175M in Funding Growve, a St. Petersburg FL-based company which specializes in acquiri... See more »
June 4, 2021The Business Journals: Minneapolis/St. Paul

Wells Fargo CEO signals big changes ahead for mobile banking and credit cards

More than a third of the bank's cost savings will come from cutting layers of management, the CEO sai... See more »

Wells Fargo Blogs

December 12, 2016Wells Fargo Blog

Making the most of your winter break

With all that you have going on, the time away from school for winter break is more than just time...... See more »
November 15, 2016Wells Fargo Blog

Six tips for saving over the holidays

As a student, your budget is likely taken up with fixed items like tuition, rent, food, and books, wi... See more »
November 10, 2016Wells Fargo Blog

Finances 102 - budgeting after college

College may be a great time for learning, but often you don't get much time to think about your finan... See more »
October 27, 2016Wells Fargo Blog

Searching for scholarships before your senior year

With a little diligence and insight, you can ease paying college tuition by searching and applying fo... See more »
October 27, 2016Wells Fargo Blog

Start your scholarship search today

Figuring out how to pay for college early can help set you up for success. Focusing on scholarships e... See more »
October 27, 2016Wells Fargo Blog

Building your college resume and planning for scholarships

You may have heard of using a resume for job applications, but it's also a great tool to help you...T... See more »
October 26, 2016Wells Fargo Blog

Renewing your FAFSA just got easier

This year, the Free Application for Federal Student Aid (FAFSA) is available a full three months earl... See more »

Wells Fargo Press Releases

April 29, 2021centralcharts

AMETEK Announces New Term Loan

AMETEK Announces New Term Loan - Delayed Draw Term Loan of up to $800 million - PR Newswire BERWYN, P... See more »
April 16, 2021Business Wire

San Antonio Nonprofit Receives Funding for Affordable Housing Remix

SAN ANTONIO, Texas--(BUSINESS WIRE)-- #affordablehousing--Wells Fargo and FHLB Dallas have awarded a ... See more »
April 6, 2021PRWeb

Wells Fargo and APIA Scholars are reaching more students than ever with essential career resources and support

Covering a wide variety of topics from personal finance to professional development, the 2021 Wells F... See more »
April 3, 2021PressReleasePoint

Wells Fargo Donates $325,000 to Midwest Flood Relief Efforts

OMAHA, Neb.--( )--Recent flooding in the Midwest has had a devastating effect on local communities. R... See more »
March 30, 2021Business Wire

Overall Investor Optimism Dips in First Quarter, Black and African American Investors Signal Brighter Outlook Ahead

SAN FRANCISCO--(BUSINESS WIRE)--U.S. investor optimism dipped in the first quarter as unimagined turm... See more »
March 22, 2021PressReleasePoint

Houston Homeownership to Get $6.1 Million Boost

HOUSTON--( )--Wells Fargo & Company (NYSE:WFC), NeighborWorks ® America and its local network members... See more »
March 17, 2021PRWeb

CSH to Advance Racial Equity and Access to Housing with Wells Fargo Foundation Support

Projects in CA, MN, NJ, and MD are working to create resilient communities with equal access to housi... See more »

Wells Fargo Videos

Social Media

Wells Fargo Headquarters

420 Montgomery Street

San Francisco, California94104

866-249-3302

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Wells Fargo Summary

ABOUT

Overview

Wells Fargo & Company (NYSE: WFC) provides banking, insurance, investments, loans and other financial services. As a diversified financial services company, it operates through physical stores, the Internet and other distribution channels across North...

CEO

Wells Fargo's President & CEO, Charles W. Scharf, currently has an approval rating of 58%. Wells Fargo's primary competitors are JPMorgan Chase, Bank of America & Citi.

Frequently Asked Questions about Wells Fargo

  1. When was Wells Fargo founded?

    Wells Fargo was founded in 1852
  2. Who is Wells Fargo's CEO?

    Wells Fargo's CEO is Charles W. Scharf
  3. How much revenue does Wells Fargo generate?

    Wells Fargo generates $72.7B in revenue
  4. How much funding does Wells Fargo have?

    Wells Fargo has historically raised $0 in funding
  5. Where is Wells Fargo's headquarters?

    Wells Fargo's headquarters is in San Francisco California, USA
  1. How many employees does Wells Fargo have?

    Wells Fargo has 258,700 employees
  2. What sector does Wells Fargo operate in?

    Wells Fargo is in Investment Banking & Brokerage, Diversified Financial Services, Banks
  3. Who are Wells Fargo's competitors?

    Wells Fargo's top competitors are JPMorgan Chase, Bank of America, Citi
  4. Who has Wells Fargo invested in?

    Wells Fargo's has invested in companies such as FIA Tech, Welltower, FCPT