Wells Fargo 2006 Annual Report Download - page 126

Download and view the complete annual report

Please find page 126 of the 2006 Wells Fargo annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 128

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117
  • 118
  • 119
  • 120
  • 121
  • 122
  • 123
  • 124
  • 125
  • 126
  • 127
  • 128

124
Wells Fargo & Company
Americas 20 Highest Valued Companies
Stock Listing
Wells Fargo & Company is listed and trades on the New York
Stock Exchange: WFC
Common Stock
3,377,149,861 common shares outstanding (12/31/06)
Stock Purchase and Dividend Reinvestment
You can buy Wells Fargo stock directly from Wells Fargo, even if youre
not a Wells Fargo stockholder, through optional cash payments or
automatic monthly deductions from a bank account.You can also have
your dividends reinvested automatically. Its a convenient, economical
way to increase your Wells Fargo investment.
Call 1-877-840-0492 for enrollment kit including plan prospectus.
Form 10-K
We will send Wells Fargos 2006 Annual Report on Form 10-K
(including financial statements filed with the Securities and
Exchange Commission) free to any stockholder who asks for a
copy in writing. Stockholders also can ask for copies of any exhibit
to the Form 10-K.We will charge a fee to cover expenses to prepare
and send any exhibits. Please send requests to: Corporate Secretary,
Wells Fargo & Company, Wells Fargo Center, MAC N9305-173,
Sixth and Marquette, Minneapolis, MN 55479.
SEC Filings
Our annual reports on Form 10-K, quarterly reports on Form 10-Q,
current reports on Form 8-K, and amendments to those reports,
are available free of charge on our website (www.wellsfargo.com),
as soon as reasonably practicable after they are electronically filed
with or furnished to the SEC.Those reports and amendments are
also available free of charge on the SEC’s website at www.sec.gov.
Independent Registered Public Accounting Firm
KPMG LLP
San Francisco, CA
415-963-5100
Contacts
Investor Relations
1-888-662-7865
investorrelations@wellsfargo.com
Shareholder Services and Transfer Agent
Wells Fargo Shareowner Services
P.O. Box 64854
Saint Paul, MN 55164-0854
1-877-840-0492
www.wellsfargo.com/com/shareowner_services
Corporate Information
Annual Stockholders’ Meeting
1:00 p.m.,Tuesday, April 24, 2007
420 Montgomery Street
San Francisco, CA
Proxy statement and form of proxy will be mailed to stockholders
beginning on or about March 16, 2007.
Certifications
Our chief executive officer certified to the New York Stock Exchange
(NYSE) that, as of May 24, 2006, he was not aware of any violation by
the Company of the NYSE’s corporate governance listing standards.
The certifications of our chief executive officer and chief financial officer
required under Section 302 of the Sarbanes-Oxley Act of 2002 were
filed as Exhibits 31(a) and 31(b), respectively, to our 2006 Form 10-K.
Market Cap Fortune Rank*
(Billions) (Revenue)
1. Exxon Mobil (XOM) $470 1 11. Cisco Systems (CSCO) 173 83
2. General Electric (GE) 390 7 12. JP Morgan Chase (JPM) 168 17
3. Microsoft (MSFT) 320 48 13. Chevron Texaco (CVX) 164 4
4. Citigroup (C) 277 8 14. Procter & Gamble (PG) 159 24
5. Bank of America (BAC) 214 12 15. IBM (IBM) 153 10
6. Johnson & Johnson (JNJ) 196 32 16. AT&T (T) 139 39
7. Wal-Mart Stores (WMT) 192 2 17. Google (GOOG) 135 353
8. Pfizer (PFE) 191 31 18. Wells Fargo (WFC) 120 46
9. AIG (AIG) 186 9 19. Intel (INTC) 120 49
10. Altria Group (MO) 179 20 20. Hewlett-Packard (HPQ) 117 11
*4/06
Forward-Looking Statements In this report we may make forward-looking statements about our company’s financial condition, results of operations,
plans, objectives and future performance and business.We make forward-looking statements when we use words such as “believe,”expect,”“anticipate,”
estimate,”“may,can,”“will” or similar expressions. Forward-looking statements involve risks and uncertainties. They are based on current expectations.
Several factors could cause actual results to differ significantly from expectations including • our ability to sell more products to our customers • the effect
of an economic slowdown on the demand for our products and services • the effect of a fall in stock market prices on fee income from our brokerage and
asset management businesses • the effect of changes in interest rates on our net interest margin and our mortgage originations and mortgage servicing
rights • the adequacy of our allowance for credit losses • changes in the value of our venture capital investments • changes in our accounting policies or in
accounting standards or in how accounting standards are to be applied • mergers and acquisitions • federal and state regulations • reputational damage
from negative publicity • fines, penalties and other negative consequences from regulatory violations • the loss of checking and saving account deposits
to other investments such as the stock market • fiscal and monetary policies of the Federal Reserve Board.Under “Risk Factors”on pages 61-65 of this report
we discuss these and other factors that could cause actual results to differ from expectations.We discuss additional factors in the Financial Review and the
Financial Statements and related Notes in this report and in the “Regulation and Supervision” section of our 2006 Annual Report on Form 10-K filed with
the Securities and Exchange Commission and available on the SEC’s website at www.sec.gov.
Highest Market Caps,Year-End 2006, Among Fortune 100