Wells Fargo (WFC)

Overall impact
C (44)

Commentary

Wells Fargo is an average overall performer. With a 'C' rating of 43.7 for overall impact (29th percentile compared to all companies), Wells Fargo ranks 219th out of 249 industry peers, behind CIBC, ASN Bank, Japan Post Bank and 215 others, and ahead of Deutsche Bank, US Bank, Foreign Trade Bank of Latin America and 27 others. On top material causes for Wells Fargo's industry (Banks), Wells Fargo performs well in Quality Lifelong Education (95.2 score), Sanitation Access (91.3), Quality Lifelong Education (95.2) and 12 other causes where it received an 'A' score and performs poorly in Affordable, Safe Housing (37.4 score), Reduced Inequality (0.0), Reduced Inequality (0.0) and 39 other causes where it received a 'D' or 'F' score.
Impact
Cause WFC
Peer rank
Overall impact

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Company
Founded
1852
Employees
220,167
Sector
Financials
Industry
Banks
Sub-industry
Diversified Banks
SASB industry
Commercial Banks
Headquarters
Ca, United States
Share classes
WFC
Mission
Helping customers succeed financially.
Description
Wells Fargo & Company, a financial services company, provides diversified banking, investment, mortgage, and consumer and commercial finance products and services in the United States and internationally. The company operates through four segments: Consumer Banking and Lending; Commercial Banking; Corporate and Investment Banking; and Wealth and Investment Management. The Consumer Banking and Lending segment offers diversified financial products and services for consumers and small businesses. Its financial products and services include checking and savings accounts, and credit and debit cards, as well as home, auto, personal, and small business lending services. The Commercial Banking segment provides financial solutions to private, family owned, and certain public companies. Its products and services include banking and credit products across various industry sectors and municipalities, secured lending and lease products, and treasury management services. The Corporate and Investment Banking segment offers a suite of capital markets, banking, and financial products and services, such as corporate banking, investment banking, treasury management, commercial real estate lending and servicing, equity, and fixed income solutions, as well as sales, trading, and research capabilities services to corporate, commercial real estate, government, and institutional clients. The Wealth and Investment Management segment provides personalized wealth management, brokerage, financial planning, lending, private banking, and trust and fiduciary products and services to affluent, high-net worth, and ultra-high-net worth clients. It also operates through financial advisors in brokerage and wealth offices, consumer bank branches, independent offices, and digitally through WellsTrade and Intuitive Investor. The company was founded in 1852 and is headquartered in San Francisco, California.
Material causes
Ethos considers the following causes material for Wells Fargo, based on its industry sub-industry Diversified Banks. Learn more about material causes in our methodology overview.

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