Wells Fargo Bank Company Statistics

STOCK PRICE

Year Established
1852

Company Headquarters

Fortune 500 Rank

Number of Employees
262,700

Annual Revenue
$88,389,000,000

Industry
Banking
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Update : Wells Fargo Fraudulent Account Data
Wells Fargo Fake Account Fraud Reporting Data
Total number of secret, unauthorized deposit accounts opened by Wells Fargo employees 1,534,280
Total customer fees accrued by the fake deposit accounts $2,000,000
Total number of fraudulent credit card applications accounts submitted by Wells Fargo employees 565,443
Total customer fees accrued by the fake credit card accounts $403,145
Total amount refunded to Wells Fargo customers effected by the fraud $2,600,000
Number of Wells Fargo employees fired for their involvement in the fraudulent account creation 5,300
Amount Wells Fargo was fined for the fraudulent activity $185,000,000
Amount of money forfeited by CEO John Stumpf due to the scandal $41,000,000
Amount of money forfeited by Carrie Tolstedt, head of Community Baning due to the scandal ( Tolstedt also resigned from Wells Fargo ) $19,000,000
Wells Fargo Bank Financial Information Data
Wells Fargo annual revenue $86,057,000,000
Wells Fargo annual profit $22,894,000,000
Total assets of Wells Fargo and Company $1,849,000,000,000
Total taxes paid by Wells Fargo annually $10,000,000,000
Percent of Wells Fargo net profit going to taxes 45 %
Percent of Wells Fargo revenue generated from interest 53 %
Total Wells Fargo revenue from customer overdraft fees $1,900,000,000
Wells Fargo Bank Numbers Number
Total number of Wells Fargo Bank Branches 8,700
Total number of Wells Fargo ATM machines 13,000
Number of States with Wells Fargo Branch 40
Number of countries Wells Fargo operates inside of 35
Number of Wells Fargo customers globally 70,000,000
Total number of Corporate and Finance Offices 4,100


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Content Author: Statistic Brain

Date research was conducted: May 28, 2018

Wells Fargo Bank Company Statistics

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