Wells Fargo & Company, one of America’s Big Four banks, is led by Chairman and CEO Charlie Scharf, who took the helm in October 2019 with a mission to clean up the bank’s worst-ever regulatory crisis. Scharf — a protege of Jamie Dimon since 1987 — is only the third executive in history to serve as CEO of three major financial companies (Visa, BNY Mellon, and Wells Fargo). Under his leadership, Wells Fargo resolved all outstanding consent orders and saw the Federal Reserve lift the $1.95 trillion asset cap in June 2025. In FY2025, Wells Fargo posted $21.3 billion in net income on total revenue of $123.5 billion, with a return on tangible common equity of 15%.
(Suggested: JPMorgan Chase CEO — Jamie Dimon)
Charlie Scharf — Quick Facts
Wells Fargo Competitors
Wells Fargo operates in the highly competitive global banking industry. The key competitors of Wells Fargo include:
- JPMorgan Chase — the largest U.S. bank by assets
- Bank of America — second-largest U.S. bank
- Citigroup — global diversified financial services
- U.S. Bancorp — major regional banking competitor
- PNC Financial Services — fifth-largest U.S. bank
- Truist Financial — formed from BB&T/SunTrust merger
- Goldman Sachs — investment banking and consumer finance
Charlie Scharf Net Worth 2026 — Wells Fargo CEO Salary
As of 2026, Charlie Scharf’s net worth is estimated at approximately $75–100 million USD, built across CEO tenures at three major financial institutions. His stock holdings include approximately 177,000 Wells Fargo shares (~$16M), roughly 234,000 Visa shares (~$81M from his Visa tenure), and about 305,000 BNY Mellon shares (~$36M). His FY2025 total compensation was $40 million — a 28% raise from $31.2M in FY2024, reflecting the lifting of the Fed asset cap and the resolution of multiple consent orders.
Wells Fargo CEO Compensation Breakdown (FY2025)
Wells Fargo Net Worth 2026 — Is Wells Fargo Profitable?
Yes, Wells Fargo has returned to strong profitability under Charlie Scharf. In FY2025, the bank earned $21.3 billion in net income — up from $19.1 billion in FY2024 — with diluted EPS growing 17% year-over-year. The bank’s return on tangible common equity improved to 15%. As of March 2026, Wells Fargo is free of all public consent orders for the first time in 15 years.
Wells Fargo Financial Summary (FY2025)
Wells Fargo CEO Email Address | Charlie Scharf Contact
Below are the official contact details and social media profiles for Wells Fargo CEO Charlie Scharf:
Career & Education — Company, University, & College
Charlie Scharf’s career is defined by his decades-long association with Jamie Dimon. He was hired by Dimon in 1987 at age 22 at Commercial Credit and followed him across four companies before eventually striking out on his own as a CEO. Scharf has led three Fortune 500 financial firms — a feat matched by very few executives in history.
Charlie Scharf Career Timeline
Education
Big Bank CEO Comparison (2026)
Charlie Scharf Wiki — Age, Family, & More
Charles William Scharf was born on April 24, 1965, making him 60 years old. He is married to Amy Scharf, a Johns Hopkins University alumna, and together they have two daughters (now in their late 20s). The family resides in Westchester, New York. Scharf is known for commuting between New York City and San Francisco for much of his Wells Fargo tenure.
When Scharf arrived at Wells Fargo in 2019, he replaced the entire operating committee — bringing in experienced leaders from JPMorgan Chase, Goldman Sachs, and other major firms. He sparked controversy in 2020 with a memo stating Wells Fargo struggled with diversity due to a “very limited pool of Black talent,” for which he later apologized. He stepped down from Visa in 2016 to spend more time with his family, famously saying the decision was “entirely personal.”
Notable Achievements & Board Memberships
- Microsoft Board — Serves on the Board of Directors of Microsoft Corporation
- Federal Reserve Asset Cap Lifted — Led the resolution of the $1.95 trillion asset cap in June 2025
- Consent Orders Cleared — All public consent orders resolved by March 2026, a first in 15 years
- Three Fortune 500 CEOs — One of only three executives in history to lead three Fortune 500 financial firms
- Business Roundtable Member — Active participant in shaping U.S. business policy
About Wells Fargo
Wells Fargo & Company is a diversified financial services company headquartered in San Francisco, California. With approximately $2.06 trillion in total assets and ~205,000 employees, Wells Fargo is the fourth-largest bank in the United States. The company operates through four segments: Consumer Banking & Lending, Commercial Banking, Corporate & Investment Banking, and Wealth & Investment Management.
Founded in 1852 by Henry Wells and William Fargo, the company has a history spanning over 170 years. Wells Fargo trades on the New York Stock Exchange under the ticker symbol WFC and serves approximately one in three U.S. households.
(Related: Bank of America CEO Email & Net Worth — Brian Moynihan)
Frequently Asked Questions (FAQ)
Who is the current CEO of Wells Fargo?
The current CEO of Wells Fargo is Charlie Scharf. He joined as President & CEO in October 2019 and became Chairman in October 2025. He is only the third executive in history to serve as CEO of three Fortune 500 financial companies (Visa, BNY Mellon, and Wells Fargo).
What is Charlie Scharf’s net worth in 2026?
Charlie Scharf’s net worth is estimated at $75–100 million as of 2026, based on substantial stock holdings in Wells Fargo (~$16M), Visa (~$81M from his CEO tenure), and BNY Mellon (~$36M), plus accumulated cash compensation.
What is the Wells Fargo CEO’s salary?
Charlie Scharf’s FY2025 total compensation was $40 million, including a $2.5M base salary, $9.375M cash bonus, and $28.125M in long-term equity. His pay rose 28% after the Fed asset cap was lifted, making it the steepest raise among big bank CEOs.
What is the Wells Fargo CEO’s email address?
Charlie Scharf’s corporate email is [email protected]. Wells Fargo’s headquarters is located at 420 Montgomery Street, San Francisco, California 94104.
How old is Charlie Scharf?
Charlie Scharf is 60 years old (born April 24, 1965). He has been in financial services since age 22, when he was hired by Jamie Dimon in 1987 at Commercial Credit.
Is Wells Fargo profitable?
Yes, Wells Fargo is highly profitable. In FY2025, the bank posted net income of $21.3 billion on $123.5 billion in total revenue. The bank’s return on tangible common equity is 15%, among the best of the U.S. megabanks.
Article last updated: March 2026
Disclaimer: All information presented in this article has been compiled from publicly available sources, including SEC filings, official company press releases, and reputable news outlets. This content is provided for informational purposes only and does not constitute financial or investment advice.