Wells Fargo & Co (NYSE:WFC) shares surged by 1.40%

by Paul Wilson | Friday, Jun 21, 2013 | 684 views

Northern, WI 06/21/2013 (usastockreport) – The share prices of Wells Fargo & Co (NYSE:WFC) had surged by 1.40 percent to close at $40.09 per share for the end of last trading session on Thursday. The shares of the company had been trading in the range of $39.98 to $40.66 per during the day, which had pushed the company to hit new peaks. The shares of Wells Fargo & Co (NYSE:WFC) had a market capitalization of $212.79 billion. The stock opened at $40.29 per share.

For the second time in three years, Wells Fargo & Company (NYSE:WFC) is the U.S. Small Business Administration’s (SBA) Large 7(a) Lender of the Year. The 2013 award will be presented to Wells Fargo – the No. 1 SBA 7(a) lender to America’s small businesses by dollars at the SBA’s National Small Business Week celebration event in Washington, D.C. The award, which recognizes Wells Fargo’s leadership and role in driving our nation’s economic growth as an SBA lender, will be presented by Karen G. Mills, administrator of the U.S. Small Business Administration. “Through the SBA’s partnerships with lenders such as Wells Fargo, business owners across the country obtain essential capital to build their businesses, add jobs and strengthen America’s economy.

Wells Fargo & Company (NYSE:WFC) is a nationwide, diversified, community-based financial services company with $1.4 trillion in assets. Founded in 1852 and headquartered in San Francisco, Wells Fargo provides banking, insurance, investments, mortgage, and consumer and commercial finance through more than 9,000 stores, 12,000 ATMs, and the Internet (wellsfargo.com), and has offices in more than 35 countries to support the bank’s customers who conduct business in the global economy. With more than 270,000 team members, Wells Fargo serves one in three households in the United States. Wells Fargo & Company was ranked No. 25 on Fortune’s 2013 rankings of America’s largest corporations. Wells Fargo’s vision is to satisfy all our customers’ financial needs and help them succeed financially.

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