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This article outlines the history of Wells Fargo & Company from its ... each year, Wells Fargo acquired 13 companies during 1999 with total assets of $2.4 billion ...
In that same year, Wells Fargo merged with Henry Trione's Sonoma Mortgage in a $10.8 million stock transfer, making Trione the largest shareholder in Wells Fargo until Warren Buffett and Walter Annenberg surpassed him. [33] One year later, Wells Fargo & Company holding company was formed, with Wells Fargo Bank as its main subsidiary. [34]
However, Wells Fargo retains Norwest's pre-1998 stock price history, and all SEC filings before 1998 are listed under Norwest, not Wells Fargo. The new Wells Fargo started off as the nation's seventh largest bank with $196 billion in assets, $130 billion in deposits, and 15 million retail banking, finance, and mortgage customers.
We had over 10 billion debit card transactions last year, up 2% from a year ago, the highest annual volume in our history. We accelerated our efforts to refurbish our branches, completing 730 in 2024.
Wells Fargo: 7,007, $274 (as of Dec ... Two things about one-year price targets. ... it’s probably ill-advised to overhaul your entire investment strategy based on a one-year stock market forecast.
Wells Fargo currently Analysts expect the San Francisco-based bank to report quarterly earnings at $1.28 per share, down from $1.48 per share in the year-ago period.
The merged company claims legacy Wells Fargo’s history (dating to 1852) as its own, and also adopted legacy Wells Fargo's ticker symbol, WFC. However, it retains Norwest's pre-1998 stock price history and corporate structure, and all pre-1998 SEC filings are under Norwest, not Wells Fargo.
Wall Street 2025 stock forecasts have a new high-water mark. Wells Fargo equity strategist Christopher Harvey and his team issued a 2025 year-end target of 7,007 on Tuesday, the highest target ...