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OFFON

WELLS FARGO & COMPANY

(WFC)
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Wells Fargo & Company Announces Executive Appointments

11/22/2021 | 03:00pm EST

Wells Fargo & Company announced that Mike Riley and Dan Thomas have been named co-heads of the Markets division of the Corporate & Investment Bank. Riley and Thomas will lead all of CIB?s markets-driven activities, including: Asset-Backed Finance, Equities (including Equity Research and Strategy), Macro and Spread. Most recently, Riley held the role of head of Equities and Thomas served as chief financial officer of CIB. They will report to Jon Weiss, CEO of the Corporate & Investment Bank, and they succeed Walter Dolhare who served as head of Markets until his retirement earlier this year. Riley joined Wells Fargo in 2013 as co-head of Equity Trading. In 2014, he became co-head of Equities and in 2017, he was named head of Equities. Before joining Wells Fargo, he was head of Options trading at Getco. Thomas, who currently reports to Mike Santomassimo, chief financial officer of Wells Fargo, has held various leadership roles over the course of his more than 25-year career at Wells Fargo, including its predecessor Wachovia. Most recently, he served as chief financial officer of CIB and, prior to that role, he was head of CIB?s Financial Resource Management (FRM) team.


ę S&P Capital IQ 2021
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Financials (USD)
Sales 2021 75 880 M - -
Net income 2021 19 587 M - -
Net Debt 2021 - - -
P/E ratio 2021 12,3x
Yield 2021 1,03%
Capitalization 226 B 226 B -
Capi. / Sales 2021 2,97x
Capi. / Sales 2022 3,07x
Nbr of Employees 253 871
Free-Float -
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
TrendsBullishBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 27
Last Close Price 58,06 $
Average target price 58,13 $
Spread / Average Target 0,12%
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