Wells Fargo 2011 Annual Report Download - page 2
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© 2012 Wells Fargo & Company. All rights reserved.
Today ’s WellsFargo is a coast-to-coast company with vast
reach. We touch people and businesses billions of times a year —
at least 5billion times a year in the Community Bank alone.
But we never forget that financial services is a people business.
Working one on one with customers to help them with the
decisions they face every day is at the core of who we are.
First we listen to customers like Tony Williamson, who started
a Minnesota-based IT stang business, Ajasa Technologies,
with his wife, Shelley, in 1995. Then we oer guidance and
solutions. WellsFargo helped their business with credit to
manage cash flow. Now Ajasa Technologies has 400 employees
and is developing mobile applications for digital payments.
“You can’t do what you were doing a year ago,” said Williamson.
“You have to change, and WellsFargo has helped us adapt.”
Multiply that times our more than 270,000 team members who
share the same spirit. New opportunities. Unchangingvision.
ControlsandProcedures
FinancialStatements
ReportofIndependentRegistered
PublicAccountingFirm
StockPerformance
To our owners
10 70,000,000 opportunities
23 Board of Directors, Senior Leaders
25 Financial Review
WellsFargo & Company
(NYSE:WFC)
We’re a diversified financial services company
—community-based and relationship-oriented—
serving people across the nation and around theworld.
Our corporate headquarters is in SanFrancisco,
but all our stores, regional commercial banking centers,
ATMs, WellsFargo Phone Bank,SM and internet sites
are headquarters for satisfying all our customers’
financial needs and helping them succeed financially,
through banking, insurance, investments, mortgage,
and commercial and consumer finance.
Assets: $1.3trillion, 4th among all U.S. banks
Market value of stock: $145billion,
1st among all U.S. banks (12/31/11)
Customers: 70million,
(one of every three U.S. households)
Team members: More than 270,000
(full time and part time)
Stores: 9,112