Wells Fargo 2007 Annual Report Download - page 2

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Wells Fargo & Company (NYSE: WFC)
We’re a diversified financial services company
providing banking, insurance, investments,
mortgage loans and consumer finance.
Our corporate headquarters is in San Francisco, but
we’re decentralized so all Wells Fargo “convenience
points”—stores, regional commercial banking
centers, ATMs, Wells Fargo Phone BankSM centers
and the internet— are headquarters for satisfying
all our customers’ financial needs and helping
them succeed financially.
Aaa, AAA
Wells Fargo Bank, N.A. is the only U.S. bank,
and one of only two worldwide, to have the
highest credit rating from both Moody’s Investors
Service, “Aaa,” and Standard & Poor’s Ratings
Service, “AAA.”
Assets: $575 billion
(5th among U.S. peers)
Market value of stock: $112 billion (1/31/08)
(4th among U.S. peers)
Fortune 500: Profit, 19th; Market cap, 19th
Team members: 159,800
(U.S.’s 27th-largest private employer)
Stores: 6,000
2 To Our Owners
12 Working Together with Our Customers
24 Working Together with Our Communities
31 Board of Directors, Senior Leaders
34 Financial Review
72 Controls and Procedures
74 Financial Statements
129 Report of Independent Registered
Public Accounting Firm
132 Stock Performance
On the Cover
Working Together Customer Troy Ledo of
Danville, California, not only has five products
with Wells Fargo, but thanks to Alicia Moore of
our ATM Banking team, he now deposits his
checks faster than ever. Please see page 19.
© 2008 Wells Fargo & Company. All rights reserved.