C
Wells Fargo Bank South Central, National Association
HoustonTX
Rating Date
November 2023
Risk Based
Capital Ratio
Leverage
Ratio
Return On
Assets
Total
Assets
Capital
Total
Deposits
Net
Income
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Major Rating Factors: Operating profits as a percentage of assets at 0.5%, coupled with a return on assets of 0.4 has resulted in Very Weak (0.6) profitability. A current level of 5.1 percent of nonperforming loans to core capital combined with 10.3 percent from a year earlier contributes to the Excellent asset quality (7.5).
Other Rating Factors: Excellent current capitalization (10.0 on a scale of 0 to 10) based on a risk-based capital ratio of 49.6 and a capital leverage ratio of 19.3. 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).
Asset Mix: Home mtgs (68%), cash (3%), other (29%)
States with Branches: TX
Asset Quality
Non-Performing Loans to Capital
Non-Performing Assets to Assets
Non-Performing Loans to Loans
Loan Loss Reserves to Loans
Charge-Offs to Average Loans
5-Year Charge-Offs to Average Loans
5-Year Asset Growth
1-Year Asset Growth
Profitability
Operating Profit to Average Assets
Return on Equity
Net Interest Spread
5-Year ROAA (Return on Average Assets)
Overhead Efficiency Ratio
Liquidity
Liquidity Ratio
Hot Money
Corporate Info
Group Affiliation
Wells Fargo & Company
Investment Rating
Address
2005 Taylor Street
Houston, TX 77007
Phone Number
(713) 802-2717
Year Founded
1894
FDIC Number
Weiss Ratings