B
Wells Fargo Bank, National Association
Sioux Falls, SD
Data as of
June 30, 2021
Risk Based
Capital Ratio
16.05
Leverage
Ratio
8.62
Return On
Assets
1.04%
Total
Assets
1.78T
Capital
172.54B
Total
Deposits
1.47T
Net
Income
9.18B
Loading...
Major Rating Factors: A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to an Excellent overall stability index (7.8 on a scale of 0 to 10). Good current capitalization (6.6 on a scale of 0 to 10) based on a risk-based capital ratio of 16.1 and a capital leverage ratio of 8.6.
Other Rating Factors: Good liquidity 7.0, driven by a liquidity ratio of 48.8 percent and a “hot money” ratio of 1.2 percent. A current level of 6.3 percent of nonperforming loans to core capital combined with 6.2 percent from a year earlier contributes to the Good asset quality (5.7).
Asset Mix: Securities (25%), cash (15%), home mtgs (13%), comm loans (8%), consumer loans (5%), comm re (5%), home eq lns (1%), other (27%)
States with Branches: AK, AL, AR, AZ, CA, CO, CT, DC, DE, FL, GA, IA, ID, IL, KS, MA, MD, MI, MN, MO, MS, MT, NC, ND, NE, NJ, NM, NV, NY, OR, PA, SC, SD, TN, TX, UT, VA, WA
Asset Quality
Non-Performing Loans to Capital
6.30%
Non-Performing Assets to Assets
0.71%
Non-Performing Loans to Loans
1.52%
Loan Loss Reserves to Loans
1.78%
Charge-Offs to Average Loans
0.21%
5-Year Charge-Offs to Average Loans
0.31%
5-Year Asset Growth
1.95%
1-Year Asset Growth
-1.29%
Profitability
Operating Profit to Average Assets
1.30%
Return on Equity
10.72%
Net Interest Spread
2.19%
5-Year ROAA (Return on Average Assets)
1.01%
Overhead Efficiency Ratio
70.42%
Liquidity
Liquidity Ratio
48.77%
Hot Money
1.23%
Corporate Info
Group Affiliation
Wells Fargo & Company
Investment Rating
Address
101 North Phillips Avenue
Sioux Falls, SD 57104
Phone Number
(605) 575-6900
Year Founded
1852
FDIC Number
Weiss Ratings