The latest trading day saw Wells Fargo (WFC) settling at $74.72, representing a -0.08% change from its previous close.
SAN FRANCISCO--(BUSINESS WIRE)--Wells Fargo & Company (NYSE: WFC) today announced it has entered into a definitive agreement to sell the assets of the company's rail equipment leasing business to a newly formed joint venture between GATX Corporation and Brookfield Infrastructure. The transaction is expected to close in Q1 2026 or sooner, subject to satisfaction of customary closing conditions. “This transaction is consistent with Wells Fargo's ongoing strategy of simplifying our businesses.
WFC's CEO expresses confidence in nearing the resolution of regulatory issues as the bank works to lift the Fed's $1.95T asset cap and expand deposit growth.
![]() NWT 3 weeks ago | Other | €0.35 Per Share |
![]() NWT 3 months ago | Other | €0.35 Per Share |
![]() NWT 6 months ago | Other | €0.35 Per Share |
![]() NWT 9 months ago | Other | €0.35 Per Share |
![]() NWT 9 May 2024 | Other | €0.31 Per Share |
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![]() NWT 3 weeks ago | Other | €0.35 Per Share |
![]() NWT 3 months ago | Other | €0.35 Per Share |
![]() NWT 6 months ago | Other | €0.35 Per Share |
![]() NWT 9 months ago | Other | €0.35 Per Share |
![]() NWT 9 May 2024 | Other | €0.31 Per Share |
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Banks - Diversified Industry | Financial Services Sector | Mr. Charles W. Scharf CEO | XBER Exchange | US9497461015 ISIN |
US Country | 215,367 Employees | 7 Feb 2025 Last Dividend | 14 Aug 2006 Last Split | 1 Jun 1972 IPO Date |
Wells Fargo & Company, a leading entity in the financial services industry, offers a comprehensive range of banking, investment, mortgage, and consumer and commercial finance products and services. Operating on a global scale, it has a strong presence within the United States and extends its services across international borders. The organization categorizes its vast array of services into four primary segments: Consumer Banking and Lending, Commercial Banking, Corporate and Investment Banking, and Wealth and Investment Management. Established in 1852, Wells Fargo has its headquarters nestled in San Francisco, California, marking a long-standing history of financial service and innovation.
This segment caters to the financial needs of consumers and small businesses, providing a diversified portfolio of products and services. It includes essential banking services like checking and savings accounts, along with credit and debit card offerings. Furthermore, it covers a broad spectrum of lending services aimed at facilitating homeownership, auto purchases, personal loans, and small business financing.
Wells Fargo's Commercial Banking segment delivers targeted financial solutions to a range of clients, including private, family-owned businesses, and select public companies. The services encompass a variety of banking and credit products tailored to different industry sectors and municipalities. This segment also specializes in secured lending, lease products, and offers extensive treasury management services.
This division is designed to meet the comprehensive needs of corporate, commercial real estate, government, and institutional clients, providing them with a vast suite of capital markets, banking, and financial services. Key offerings include corporate and investment banking, treasury management, commercial real estate lending and servicing, alongside equity and fixed income solutions. It also encompasses sales, trading, and research capabilities.
Devoted to meeting the needs of affluent, high-net worth, and ultra-high-net worth clients, this segment offers personalized wealth management, brokerage, and financial planning services. Additionally, clients can avail themselves of lending, private banking, and trust and fiduciary services. Wells Fargo facilitates these services through a comprehensive network of financial advisors in brokerage and wealth offices, consumer bank branches, independent offices, and digital platforms like WellsTrade and Intuitive Investor.