Wells Fargo & Company (WFC) company profile
Close on Nov 13, 2026Market cap $258.31BP/E 12.1Yield 1.98%
About Wells Fargo &
National Commercial Banks, SIC 6021
Wells Fargo & Company is a financial holding company providing diversified banking, investment, mortgage, and consumer and commercial finance solutions. Its operations span four primary business segments: Consumer Banking and Lending, Commercial Banking, Corporate and Investment Banking, and Wealth and Investment Management. The firm delivers consumer offerings such as deposit accounts, credit cards, auto and small business financing, and home lending, alongside wealth planning, brokerage, and fiduciary services. For commercial, corporate, and institutional clients, it offers debt facilities, treasury management, capital markets capabilities, corporate and investment banking, equity and fixed-income products, and commercial real estate servicing.
Headquartered at 333 Market Street in San Francisco, California, the enterprise conducts business primarily across the United States while maintaining operations in international jurisdictions. In terms of total assets, it represents the fourth largest bank holding company in the United States, operating principally through Wells Fargo Bank, N.A. The organization employs around 205,000 active personnel, with approximately 76% based domestically.
Summary of the business section of Wells Fargo &'s latest annual report, written by StockData.
Company profile
Company
- Legal name
- Wells Fargo & Company
- Founded
- 1852
- Headquarters
- San Francisco, CA
- Address
- 333 Market Street 94105
- Phone
- (800) 869-3557
- Website
- wellsfargo.com
- Employees
- 205,000, Dec 31, 2025
- Industry
- National Commercial Banks
- Incorporated in
- Delaware
- Fiscal year ends
- December 31
- Auditor
- KPMG LLP, Charlotte, NC
Stock & identifiers
- Ticker
- WFC
- Other tickers
- WFC.PA, WFC.PC, WFC.PD, WFC.PL, WFC.PY, WFC.PZ, WFCNP
- Exchange
- NYSE
- Shares outstanding
- 3.00B, Oct 19, 2026
- Public float
- $257.30B, Jun 30, 2025
- Filer category
- Large accelerated filer
- Stock splits
- 2-for-1, Aug 14, 2006; 2-for-1, Oct 14, 1997; 2-for-1, Jun 29, 1993; 2-for-1, Jul 24, 1989; 3-for-2, Jul 1, 1988; 2-for-1, Jun 20, 1977
- SEC CIK
- 72971
- CUSIP
- 949746101
- ISIN
- US9497461015
- FIGI
- BBG000BWQFY7
- Share class FIGI
- BBG001S5XF23
- LEI
- PBLD0EJDB5FWOLXP3B76
- EIN
- 41-0449260
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
| Name | Position | Shares owned |
|---|---|---|
| Charles W. Scharf | Chairman and CEO, Director | 1,498,810 |
| Bei Ling | Sr. Executive Vice President | 117,012 |
| Derek A. Flowers | Sr. EVP and Chief Risk Officer | 357,267 |
| Jason M. Rosenberg | SEVP & Head of Public Affairs | 21,570 |
| Fernando Rivas | Sr. Executive Vice President | 121,615 |
| Scott Powell | SEVP & Chief Operating Officer | 406,158 |
| Barry Sommers | Sr. Executive Vice President | 286,834 |
| Kyle G. Hranicky | Sr. Executive Vice President | 321,748 |
| Kristy Fercho | Sr. Executive Vice President | 94,167 |
| Kleber Santos | Sr. Executive Vice President | 111,754 |
| Michael P. Santomassimo | Sr. EVP & CFO | 507,013 |
| Beurden Saul Van | Sr. Executive Vice President | 312,455 |
| Ellen R. Patterson | Sr. EVP and General Counsel | 218,408 |
| Bridget E. Engle | Sr. Executive Vice President | 83,478 |
| Muneera S. Carr | EVP, CAO & Controller | 94,064 |
| Ather Williams III | Sr. Executive Vice President | 244,902 |
| Jonathan G. Weiss | Sr. Executive Vice President | 379,094 |
| Steven D. Black | Director | 142 |
| Wayne M. Hewett | Director | 101 |
| Ronald Sargent | Director | 18,131 |
| Theodore F. Craver Jr | Director | 33,201 |
| Felicia F. Norwood | Director | 11 |
| Richard K. Davis | Director | 4,244 |
| Fabian T. Garcia | Director | 102 |
| Maria R. Morris | Director | 4,253 |
CEO pay and shareholder return
Pay versus performance table from the proxy statement
| Fiscal year | CEO total pay | CEO pay actually paid | Other executives (avg) | Value of $100 invested | Peer group |
|---|---|---|---|---|---|
| FY2025 | $94.52M | $136.25M | $15.29M | $347 | $196 |
| FY2024 | $30.31M | $70.40M | $19.39M | $256 | $148 |
| FY2023 | $25.97M | $36.45M | $11.93M | $174 | $108 |
| FY2022 | $24.64M | $15.96M | $12.22M | $142 | $109 |
| FY2021 | $21.35M | $46.81M | $9.85M | $161 | $138 |
| FY2020 | $20.39M | $3.39M | $10.57M | $58 | $90 |
“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.
Executive compensation, fiscal 2025
Summary compensation table from the latest proxy statement
| Executive | Salary | Bonus | Stock awards | Option awards | Other | Total | vs. prior year |
|---|---|---|---|---|---|---|---|
| Charles W. Scharf Chairman and CEO | $2.50M | $9.38M | $51.94M | $29.99M | $720.54K | $94.52M | +212% |
| Michael P. Santomassimo Senior EVP, CFO | $1.75M | $4.88M | $8.91M | – | $21.00K | $15.55M | +15% |
| Fernando S Rivas Senior EVP, CEO of CIB | $1.75M | $6.23M | $9.59M | – | $21.00K | $17.58M | -34% |
| Kleber R. Santos Senior EVP, Co-CEO of Consumer Banking and Lending | $1.50M | $6.75M | $7.15M | – | $21.00K | $15.42M | – |
| Ellen R. Patterson Senior EVP, General Counsel | $1.50M | $4.05M | $7.03M | – | $21.00K | $12.60M | – |
Stock and option awards are grant-date fair values, not realized pay. “Other” includes pension value changes and all other compensation. Source proxy statement.
Employees
Headcount reported in annual reports
“At December 31, 2025, we had approximately 205,000 active employees, with approximately 76% based in the United States.”
Corporate history
Events identified from SEC filings
See a number that looks wrong?