Wells Fargo Acquires First Interstate Bancorp

Announced January 1996 — $11.30B

What happened

First Interstate Bancorp was a company, acquired by Wells Fargo for $11.3 billion.

Wells Fargo's acquisition history

1st of 3 tracked deals

Disclosed prices

3 of 3 Wells Fargo deals

Wells Fargo's average disclosed price

$9.10B

Wells Fargo's largest disclosed deal

Wachovia ($15.10B)

Tracked acquisitions in 1996

30 across all acquirers

When did Wells Fargo acquire First Interstate Bancorp?

Wells Fargo acquired First Interstate Bancorp on January 1996. This was Wells Fargo's 1st publicly tracked acquisition out of 3 we have on record.

How much did Wells Fargo pay for First Interstate Bancorp?

Wells Fargo paid $11.30B for First Interstate Bancorp.

What does First Interstate Bancorp do?

First Interstate Bancorp was a company, acquired by Wells Fargo for $11.3 billion.