Nick Salomone - Wells Fargo Head - Middle Market Banking Operations

WFCO34 Stock  BRL 78.10  0.17  0.22%   

Executive

Mr. Nick Salomone serves as Head Middle Market Banking Operations of the Company. As regional vice president Salomone leads a team of 18 financial service professionals based at the bank Fort Worth Middle Market Banking group. Salomone joined Wells Fargo in 2010 and most recently led business development for Wells Fargo in Fort Worth and West Texas. Previously he spent the majority of his banking career as a relationship manager for the middle market and corporate banking groups at a regional bank. Salomone earned a bachelor degree in finance from Rawls College of Business at Texas Tech University . Joining Salomone Fort Worth team is Ryan Merz and David Self . Merz was recently named business development officer for the region. A seasoned finance professional he most recently served as business development officer for Wells Fargo Supply Chain Finance group where he supported retail energy services industrials technology and engineering clients. Before joining Wells Fargo in 2013 Merz worked as a financial consultant advisor for Dell Inc. He holds a bachelor degree in finance and accounting from Michigan State University . since 2016.
Tenure 8 years
Phone866 249 3302
Webhttps://www.wellsfargo.com

Wells Fargo Management Efficiency

Wells Fargo's management efficiency ratios could be used to measure how well Wells Fargo manages its routine affairs as well as how well it operates its assets and liabilities.
The company has accumulated 174.87 B in total debt. Debt can assist Wells Fargo until it has trouble settling it off, either with new capital or with free cash flow. So, Wells Fargo's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Wells Fargo sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Wells to invest in growth at high rates of return. When we think about Wells Fargo's use of debt, we should always consider it together with cash and equity.

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Wells Fargo Company, a diversified financial services company, provides banking, investment, mortgage, and consumer and commercial finance products and services in the United States and internationally. Wells Fargo Company was founded in 1852 and is headquartered in San Francisco, California. WELLS FARGO operates under BanksDiversified classification in Brazil and is traded on Sao Paolo Stock Exchange. It employs 239209 people. Wells Fargo (WFCO34) is traded on Sao Paulo Exchange in Brazil and employs 238,698 people.

Management Performance

Wells Fargo Leadership Team

Elected by the shareholders, the Wells Fargo's board of directors comprises two types of representatives: Wells Fargo inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Wells. The board's role is to monitor Wells Fargo's management team and ensure that shareholders' interests are well served. Wells Fargo's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Wells Fargo's outside directors are responsible for providing unbiased perspectives on the board's policies.
Susan Swenson, Independent Director
Maria Tejada, Chief Strategic Enterprise Risk Officer
Saul Beurden, EVP Technology
Charles Scharf, CEO Pres
Donald James, Independent Director
Gary Owen, Chief Information Security Officer and Head of Information Security
Richard Levy, Executive Vice President Controller
Michael Roemer, Chief Compliance Officer
Timothy Sloan, Head of Wholesale Banking and Sr. Executive VP of Wholesale Banking
Franklin Codel, Executive Vice President - Home Lending
Nick Salomone, Head - Middle Market Banking Operations
John Campbell, Director Relations
Douglas Edwards, Deputy General Director
Stephen Sanger, Lead Independent Director
Enrique Hernandez, Independent Director
Hope Hardison, Executive Vice President - Human Resources
Maria Morris, Independent Director
Debra Chrapaty, CTO
John Stumpf, Chairman, CEO and Pres
Jonathan Weiss, Senior Executive Vice President - Wealth and Investment Management
Judith Runstad, Independent Director
Kevin Rhein, Senior Executive Vice President CIO
Susan Engel, Independent Director
David Carroll, Head of Wealth, Brokerage and Retirement Division
Michael Loughlin, Senior Executive Vice President Chief Risk Officer
Elizabeth Duke, Independent Director
Karen Peetz, Independent Director
Elaine Chao, Independent Director
James Strother, Senior Executive Vice President General Counsel
Muneera Carr, Ex Officer
Steve Hagerman, Head of Consumer Lending Technology
Ronald Sargent, Independent Director
John Chen, Independent Director
Theodore Craver, Independent Director
Perry Pelos, Head of Wholesale Banking
Ather III, Digital Strategy
David Owen, Chief Officer
John Shrewsberry, CFO and Sr. Executive VP
Suzanne Vautrinot, Independent Director
Charles Noski, Director
John Baker, Independent Director
Wayne Hewett, Independent Director
Carrie Tolstedt, Sr. Executive VP of Community Banking
Scott Powell, EVP COO
James Quigley, Independent Director
JD Esq, Sr Counsel
Avid Modjtabai, Sr. Executive VP of Consumer Lending
Federico Pena, Independent Director
Mary Mack, Senior Executive Vice President - Community Banking
Juan Pujadas, Independent Director
C Parker, Senior Executive Vice President General Counsel
Amanda Norton, Chief Risk Officer
Celeste Clark, Independent Director
Michael Santomassimo, EVP CFO
Cynthia Milligan, Independent Director
Lloyd Dean, Independent Director

Wells Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Wells Fargo a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Wells Fargo in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Wells Fargo's short interest history, or implied volatility extrapolated from Wells Fargo options trading.

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Wells Fargo offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Wells Fargo's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Wells Fargo Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Wells Fargo Stock:
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Wells Fargo. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
For information on how to trade Wells Stock refer to our How to Trade Wells Stock guide.
Note that the Wells Fargo information on this page should be used as a complementary analysis to other Wells Fargo's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.

Complementary Tools for Wells Stock analysis

When running Wells Fargo's price analysis, check to measure Wells Fargo's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Wells Fargo is operating at the current time. Most of Wells Fargo's value examination focuses on studying past and present price action to predict the probability of Wells Fargo's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Wells Fargo's price. Additionally, you may evaluate how the addition of Wells Fargo to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Wells Fargo's value and its price as these two are different measures arrived at by different means. Investors typically determine if Wells Fargo is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Wells Fargo's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.