Wells Fargo Today: Company Overview – 1st Quarter 2007

Learn about our businesses

WHO WE ARE

Wells Fargo & Company (NYSE: WFC) is a diversified financial services company providing banking, insurance, investments, mortgage and consumer finance through more than 6,000 stores, the Internet and other distribution channels across North America and internationally.

We're headquartered in San Francisco, but we're decentralized so every local Wells Fargo store is a headquarters for satisfying all our customers' financial needs and helping them succeed financially. Wells Fargo has $486 billion in assets and 159,000 team members across our 80+ businesses. We're one of the United States' top-40 largest private employers. We ranked fifth in assets and fifth in market value of our stock among our peers as of March 31, 2007.

Our vision: satisfy all our customers' financial needs, help them succeed financially, be known as one of America's great companies and the number-one financial services provider in each of our markets.

Reputation

FORTUNE
Ranked 41st in revenue among all companies in all industries
World's 19th most profitable company

Barron's
Ranked 12th most admired company in the world

CRO magazine (Corp Responsibility Officer
Ranked top 50 corporate citizen

BusinessWeek
Among top 25 Best Places to Launch a Career

Forbes
Ranked nation's 5th most Generous Corporate Foundation

Moody's
“Aaa” credit-rated U.S. bank

Standard & Poor's
Ratings Services
Only bank in the U.S. to be rated “AAA”

U.S. Environmental Protection Agency
No. 1 Purchaser of Renewable Energy in the U.S.

Diversity Inc.
Among top 20 companies in all industries for diversity

Mergent, Inc.
“Dividend Achiever” (publicly-traded companies that increased dividends for last 10+ consecutive years; Wells Fargo has increased dividends for 18 consecutive years; 23 increases since 1988)

LATINA Style
Among top 50 U.S. companies for Latinas

Points of Light
Foundation
Excellence in Workplace Volunteer Programs

Working Mother
Magazine
Among 100 best companies for working mothers

Mortgage Bankers Association
#2 largest U.S. Commercial Real Estate by Volume

Essence magazine
Top 25 Great Places to Work for African American Women

CIO
CIO 100 Winner for Wholesale Internet and Treasury Solutions

KeyNote
WebExcellence
Wells Fargo Mortgage Web site ranked #1 for Ease of Use and Privacy/Security

KEY FACTS (3/31/07)
INDUSTRY RANKINGS

Assets
$486 billion
Retail banking cross-sell
#1

Full-time team Members
159,000
Small business lender
#1

Stores
6,027
Agricultural lending
#1

ATMs
6,800
Cross-channel customer experience
#1

Market value of stock
$117 billion
Insurance brokerage sales*
#1

Retail home mortgage lender
#1

*Wells Fargo owns the largest bank-affiliated insurance broker.

DIVERSITY OF BUSINESSES *

Our diversity of business lines makes us much more than a bank. We're a diversified financial services company. Our diversity helps us weather downturns that inevitably affect any one segment of our industry.
* Based on historic averages and near future year expectations

POWERFUL DISTRIBUTION

• #1 in total stores (6,027 stores)
• #3 in banking stores (3,230 stores in 23 states)
• #1 in mortgage stores (presence in more than 2,400 stores)
• Supermarket stores (598 stores)
• Consumer Finance (1,150 stores)
• Nation's first bank to provide online account access
• #1 personal credit market share in Wells Fargo's banking states
• One of nation's largest telephone banking networks (20 million calls monthly)
• #3 branded bank ATM owner (6,800 ATMs)
• #2 debit card issuer
• #1 prime home-equity lender in Wells Fargo's banking states
• Among the nation’s top-20 mutual fund companies