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WELLS FARGO & COMPANY

(WFC)
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Wells Fargo Names New Head of Auto Lending Unit

07/21/2021 EDT

Wells Fargo named a new head of its auto lending division, which has started to grow following a period when the company deemphasized car loans. Tanya Sanders, who joined the bank's auto lending unit in 2019, will succeed Laura Schupbach, who is retiring after 26 years at the $1.9 trillion-asset bank. Mike Weinbach, CEO of consumer lending at Wells Fargo, credited Sanders with helping to modernize the company's auto unit over the last two years. Sanders has been heading the auto division's transformation team and previously led its underwriting and fulfillment division. Before joining Wells, she was managing director of business operations at Chase Auto, and held leadership positions at Bank of America and General Electric.


ę S&P Capital IQ 2021
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Financials (USD)
Sales 2021 74 921 M - -
Net income 2021 17 736 M - -
Net Debt 2021 - - -
P/E ratio 2021 11,0x
Yield 2021 1,25%
Capitalization 195 B 195 B -
Capi. / Sales 2021 2,61x
Capi. / Sales 2022 2,71x
Nbr of Employees 259 196
Free-Float 74,8%
Chart WELLS FARGO & COMPANY
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Wells Fargo & Company Technical Analysis Chart | WFC | US9497461015 | MarketScreener
Technical analysis trends WELLS FARGO & COMPANY
Short TermMid-TermLong Term
TrendsNeutralNeutralBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 26
Last Close Price 47,56 $
Average target price 49,70 $
Spread / Average Target 4,50%
EPS Revisions
Managers and Directors
Charles William Scharf President, Chief Executive Officer & Director
Michael Santomassimo Chief Financial Officer & Senior Executive VP
Steven D. Black Chairman
Saul van Beurden Senior Executive VP & Head-Technology
Gary Owen Chief Information Security Officer
Sector and Competitors