WELLS FARGO & COMPANY/MN (WFC)

Wells Fargo & Company is a leading diversified financial services company operating primarily in the United States, with additional operations in countries outside the U.S., providing banking, investment, and mortgage products and services along with consumer and commercial finance solutions to individuals, businesses, and institutions. At December 31, 2025, the company reported total assets of approximately $2.1 trillion, loans of $986.2 billion, deposits of $1.4 trillion, and stockholders' equity of $181.1 billion, making it the fourth largest bank holding company in the United States by assets; its principal subsidiary, Wells Fargo Bank, N.A., held $1.8 trillion in assets, or 85% of the company's total assets. The company serves consumers through checking and savings accounts, credit and debit cards, and home, auto, personal, and small business lending, while also offering personalized wealth management, brokerage, financial planning, lending, private banking, trust and fiduciary services.

For private, family-owned, and public companies, Wells Fargo provides banking and credit products across multiple industry sectors and municipalities, secured lending and lease products, and treasury management, and it serves corporate, commercial real estate, government, and institutional clients through corporate banking, investment banking, treasury management, commercial real estate lending and servicing, equity and fixed income solutions, and sales, trading, and research capabilities. As of December 31, 2025, the company operated through four reportable segments: Consumer Banking and Lending; Commercial Banking; Corporate and Investment Banking; and Wealth and Investment Management. The company competes with a broad range of financial services providers including banks, savings and loan associations, credit unions, finance companies, mortgage banking companies, insurance companies, investment banks, investment advisory firms, mutual fund companies, and increasingly with nonbank institutions such as investment managers, brokerage houses, private equity and private credit firms, and financial technology companies.

Wells Fargo employed approximately 205,000 active employees at year-end 2025, with about 76% based in the United States, and its global workforce was evenly split between female and male employees. The company operates as a bank holding company and financial holding company subject to extensive regulation and oversight by agencies including the Federal Reserve Board, the Office of the Comptroller of the Currency, the FDIC, the Consumer Financial Protection Bureau, the SEC, the CFTC, FINRA, and state insurance and securities regulators, and remains subject to certain consent orders and regulatory agreements, including provisions related to governance, compliance and operational risk management, and anti-money laundering and sanctions risk management practices at Wells Fargo Bank, N.A.