9 of 20
9. Wells Fargo
Fortune 500 rank: 19
2009 profit: $12.3 billion
At the height of the financial meltdown, Wells Fargo doubled in size by acquiring Wachovia. It was then seen as a pretty risky move -- Wachovia held a huge portfolio of adjustable-rate mortgages and other bad loans.

But more than a year later, industry watchers are praising the move that helped Wells more than quadruple its bottom line last year. The bank turned a profit in each quarter of 2009 as credit losses and merger costs declined, as it added hundreds of billions of dollars in new loans.

NEXT: 10. Johnson & Johnson

Email | Print | Share
google my aol my msn my yahoo! netvibes
Paste this link into your favorite RSS desktop reader
See all CNNMoney.com RSS FEEDS (close)
Last updated April 28 2010: 12:41 PM ET
Top 50 Wal-Mart knocks Exxon Mobil out of the No. 1 slot to rule the Fortune 500 again. Which other companies made the top 50 this year? More
They're hiring! These Fortune 100 employers have at least 200 openings each, totaling more than 60,000 jobs. What are they looking for in a new hire? More
The biggest losers Companies from Fannie Mae to RiteAid, and Citigroup to Sprint lost billions of dollars last year. Who lost the most? More