Since December 31st, 2008, Wells Fargo & Co's enterprise value (ev) has decreased from $409 Billion to $125 Billion at January 20th, 2021.
Wells Fargo & Co's enterprise value (ev) as of January 20th, 2021 of $125 Billion was higher than its peers in the Money Center Banks industry group of December 31st, 2020 of 2.33 Billion. From December 31st, 2008 to January 20th, 2021, Wells Fargo & Co's average enterprise value (ev) was 268 Billion compared to an industry average of 32.5 Billion.
Wells Fargo & Co. is a bank holding company that engages in the provision of banking, insurance, investments, mortgage, and consumer and commercial finance. It operates through the following segments: Community Banking, Wholesale Banking, and Wealth and Investment Management. The Community Banking segment offers investment management and other services to retail customers and securities brokerage and provides financial products and services to consumers and small businesses. The Wholesale Banking segment involves financial solutions to businesses and offers commercial, corporate, capital markets, cash management and real estate banking products and services. The Wealth and Investment Management segment provides a range of financial advisory services to clients using a planning approach to meet each client's needs. The company was founded by Henry Wells and William G. Fargo on March 18, 1852 and is headquartered in San Francisco, CA.
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