Wells Fargo & Company (Wells Fargo) is a diversified financial holding company, providing retail, commercial and corporate banking services through banking stores located in 24 states of the US. The company primarily operates in the US. It is headquartered at San Francisco, California and employs 159,800 people.
The company recorded revenues of $39,390 million during the fiscal year ended December 2007, an increase of 10.43% over 2006. The net profit was $8,057 million in fiscal year 2007, a decrease of 4.3% over 2006.