Financial Digest Company Profiles: Wells Fargo

Wells Fargo & Co. is a diversified financial services company providing banking, insurance, investments, mortgage and consumer finance through more than 10,400 Wells Fargo and Wachovia stores, 12,361 Wells Fargo and Wachovia ATMs, the internet and other distribution channels across North America and internationally. The company is headquartered in San Francisco, but they're decentralized so every local Wells Fargo store is a headquarters for satisfying all their customers' financial needs and helping them succeed financially. Wells Fargo has $1.3 trillion in assets and 286,000 team members across 80+ businesses. Wells Fargo ranked fourth in assets and second in market value of their stock among their peers as of March 31, 2009. Wells Fargo wants to satisfy all customers' financial needs, help them succeed financially, be the premier provider of financial services in every one of their markets, and be known as one of America's great companies. Their diversity of business lines makes them much more than a bank. Wells Fargo a diversified financial services company. Their diversity helps them weather downturns that inevitably affect any one segment of the industry.