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Summary.     Click for More > Wells Accused On Lending  Federal lawsuit: Black neighborhoods in Baltimore were disproportionately affected by the subprime mortgage fallout 3Q Earnings up 4%
Jan.9


year 2007
... more >
Oct.16

Wells FargoMajor Events in 21st Century

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Details:

Wells Accused On Lending
Jan.9
  Federal lawsuit: Black neighborhoods in Baltimore were disproportionately affected by the subprime mortgage fallout


year 2007 Top ^

Oct.16 3Q Earnings up 4%
  The earnings increased 4% on loan and deposit growth, even as it took $500 million in writedowns for mortgages that have lost value Jun.27 Longtime CEO Kovacevich Steps Down
  Chairman Richard Kovacevich has turned over the reins to his top lieutenant, John Stumpf
May.5 Wells Fargo buys Greater Bay Bancorp.. East Palo Alto Explosion causes connector collapse Apr.6 Robber Shoots, Wounds Bank Teller Map
  Vallejo: A masked and hooded gunman shot a bank teller during at a Wells Fargo branch inside a crowded Safeway
Mar.16 CEO's 2006 Compensation Nears $89M  Heading toward retirement Richard Kovacevich reaped a $62 million gain from stock options exercised last year Jan.16 4Q Profit Rises  Wells Fargo reported a 13% rise, in line with estimates, as strong revenue propelled the bank to a record year

year 2006 Top ^

Sep.6 Another breach at Wells
SUV Driver Runs Over 16 People, 1 Dead
Jul.18 Wells Fargo Reports Record Profits
  The bank extended its streak of steady earnings growth during the 2nd quarter. it earned 2.09 billion, or $1.23 a share
Apr.18 Profit Rises 9% in 1Q  Net income expanded to $2.02 billion. The bank buoyed by growth in deposits and lower loan charge-offs Apr.17 3 Men Rob Wells Fargo Bank. Fremont Jan.17 Wells Fargo Profits Up, but Misses Goal  Net income grew 8% in the quarter from a year earlier, but profits of $1.14 a share missed analysts' estimates

year 2005 Top ^

Video sparked investigation into SFPD
Dec.4 Christian conservative group dropping WF  Focus on the Family withdrawing its funds because of the bank's support of gay organizations Nov.8 Teen Teller Arrested In Bank Heist. Pleasant Hill Oct.18 3Q Profit Up 13%  Thje profit rose to $1.98 billion, or $1.16 per share, compared with last year's $1.75 b, or $1.02 per share Jul.19 Profits Up, Not Enough For Analysts  The firm reported its profit climbed 11% during its second quarter thanks to increased customer borrowing Jul.7 Regulators reprimand Wells Fargo Jun.1 Wells Fargo to cut online trading fees May.8 Snafu in stuffing envelopes SF Gets Stem Cell Headquarters Apr.23 San Ramon Banker Dies After Beating Apr.20 5% gain is less than expected  The results in net income in the first quarter reflected a slowdown in the banking giant's growth Jan.18 Quarter earnings rise by 10%  4th-quarter results were below Wall Street analysts' expectations. The company earned $1.79 billion

year 2004 Top ^

Dec.30 Bank donated $100,000 for tsunami relief
Oct.19 Earnings rise 12%, but miss estimates  The company earned $1.74 billion, or $1.02 per share, compared with $1.56 billion, or 92 cents per share, a year earlier May.26 Wells Fargo buying Strong assets  Banking giant snapped up the scandal-scarred mutual fund business of Strong Financial Phone Equipment Allegedly Vandalized May.21 Man robbed Wells Fargo Bank. Castro Valley Apr.20 Earnings roll continues in first quarter  The roll propelled by a hard-driving sales culture that fed the loan-hungry customers Mar.27 3 men robbed bank. San Francisco Mar.11  Big Donations to Save School Sports Officials perform first gay marriages Jan.20 4th-quarter earnings rise by 10%
  Profit is continuing the banking giant's 21/2-year streak of double-digit earnings growth

year 2003 Top ^

Gavin Newsom New San Francisco Mayor Nov.21 Customer Data Stolen at Wells Fargo  Concord: A stolen computer held names, addresses, and social security numbers. A break-in happened at one of the bank's offices Oct.4  Man robbed bank, tied up 2 employees Aug.16 Several men robbed Wells Fargo Bank. East San Jose Jul.25 Bank robber shot, killed by 3 officers. Berkeley Jul.15 7% gain in second-quarter profit Jul.14  Alleged bank robbers arrested Apr.15 Profits continue to surge Mar.29  Robbery Suspect Arrested Feb.5 State threatens Wells' mortgage business Jan.21 Profits continued in the fourth quarter
  Customers flocked to the bank to open new checking accounts and obtain home loans Protesters pack streets for anti-war rally

year 2002 Top ^

Nov.21 Deadly Bank Robbery. Berkeley Oct.24 Suspected bank robber surrenders. San Rafael Oct.15 3rd-quarter earnings rise 24% Oct.11 Shootout in Bank, 1 dead. Burlingame Jul.16 Second-quarter earnings surge Knoller sentenced to 4 years in prison Jan.15 Mortgage boom boosts earnings

year 2001 Top ^

Oct.16 Wells Fargo: 42% profit increase
Jun.6 $1 billion loss on venture capital Apr.17 Wells Fargo meets expectations Apr.15 Robbery Suspect Killed by Police. Oakland PG&E files for bankruptcy

year 2000 Top ^

Jun.7 Wells F, eBay offer online check payments Apr.18 Wells Fargo posts record profits
  First-quarter profits rose 14%, buoyed by steady loan growth and gains on investments in fledgling companies
Apr.11 Wells Fargo to buy Utah's biggest bank  SF bank has agreed to buy First Security Corp. for about $3 billion Jan.19 Earnings Climb 26%  Banking company completed its first full year after merging with Norwest Corp.