Since December 31st, 2008, Wells Fargo & Co's enterprise value to ebit (ev/ebit) has decreased from 122.80 to 12.53 at May 26th, 2023.
Wells Fargo & Co's enterprise value to ebit (ev/ebit) as of May 26th, 2023 of 12.53 was lower than its peers in the Money Center Banks industry group of April 30th, 2023 of 16.18. From December 31st, 2008 to May 26th, 2023, Wells Fargo & Co's average enterprise value to ebit (ev/ebit) was 17.87 compared to an industry average of 45.28.
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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