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Financial Analysis Of Together We Ll Go Fargo

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The corporation I chose, was Wells Fargo. Their motto is “Together We’ll Go Far”, and their logo is the name of the bank, “Wells Fargo”, with a picture of a stagecoach being pulled by six horses. The company’s headquarters is located at 420 Montgomery St., San Francisco, CA 94163. Wells Fargo’s top four leadership officers and board members are John G. Stump (Chairman, President & CEO), Timothy J. Sloan (President and Chief Operating Officer), John R. Shrewsberry (Senior EVP, Chief Financial Officer), and Michael J. Loughlin (Senior EVP, Chief Risk Officer). The company’s fiscal year earnings for the year 2015, was 83.69 billion dollars. Its current stock price on the stock market, is $49.79 per share. The 52- week range of its stock price, is $44.50 on its low and $58.77 on its high. Wells Fargo was founded on March 18, 1852 by Henry …show more content…

This new company offered banking and an express to people when it first went into business during the gold rush. Through their banking system, they bought gold and sold paper bank drafts that had the equal value of gold. Their express system allowed them to deliver gold or other things that held a lot of value in a very rapid way. The first office that opened, was in San Francisco’s gold rush port and from there they opened more offices in mining camps and cities of the west. They earned a trust reputation during the economic boom of the 1850’s, since they dealt with people’s money in a fast and responsible way. During the 1860’s the Wells Fargo company earned interminable fame and their official corporate symbol, which is the stagecoach being pulled by six horses. The company’s objectives were to deliver business in a rapid and secure way through the stagecoach,

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