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Wells Fargo Tier 1 Ratio

149 Words1 Pages
As a diversified, community-based financial services company, Wells Fargo provides a series of services, including banking, insurance, investments, mortgage, and consumer and commercial finance through 8,700 locations. Its total assets at the end of 2009 were only $1243 billion while in 2015 this data have risen to more than $1787 billion which is a significant growth. When it comes to the equity, the percentage is basically smooth and steady with only a slightly increase less than 2% in 2013 from 9.2% to 11.2%. And the Tier 1 ratio also goes up smoothly during these years and reaches 12.56% in 2015 from 9.25% in 2009. As to the impaired loans over equity ratio, it experiences a lasting decrease during 2009 to 2015 where is only 12.89% with
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