Wells Fargo & Company WFC Business Segments
| FY'25 | FY'24 | FY'23 | FY'22 | ||
|---|---|---|---|---|---|
| Revenues, Net of Interest Expense by Business | |||||
| Commercial Banking | $11.98B-6.3% | $12.78B-5.0% | $13.45B+23.2% | $10.92B+27.7% | |
| Consumer Banking and Lending | $37.83B+4.5% | $36.2B-4.5% | $37.92B+5.9% | $35.81B+2.7% | |
| Corporate and Investment Banking | $19.23B-0.6% | $19.34B+0.8% | $19.19B+25.9% | $15.24B+10.1% | |
| Wealth And Investment Management | $15.86B+2.7% | $15.44B+5.1% | $14.69B-0.9% | $14.82B+3.3% | |
| Net Income (Loss) Attributable to Parent by Business | |||||
| Commercial Banking | $4.18B-10.8% | $4.69B-8.1% | $5.1B+27.0% | $4.02B+28.2% | |
| Consumer Banking and Lending | $7.91B+12.8% | $7.01B-11.7% | $7.94B+45.9% | $5.44B-36.4% | |
| Corporate and Investment Banking | $7.28B-0.7% | $7.34B+14.2% | $6.43B+9.3% | $5.88B-3.0% | |
| Wealth And Investment Management | $2.08B+9.1% | $1.9B-3.2% | $1.96B-18.9% | $2.42B+19.5% | |
| Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest by Business | |||||
| Commercial Banking | $4.19B-10.8% | $4.7B-8.1% | $5.12B+26.9% | $4.03B+28.3% | |
| Consumer Banking and Lending | $7.91B+12.8% | $7.01B-11.7% | $7.94B+45.9% | $5.44B-36.4% | |
| Corporate and Investment Banking | $7.28B-0.7% | $7.34B+14.2% | $6.43B+9.3% | $5.88B-3.0% | |
| Wealth And Investment Management | $2.08B+9.1% | $1.9B-3.2% | $1.96B-18.9% | $2.42B+19.5% | |
| Noninterest Income by Business | |||||
| Commercial Banking | $4.08B+10.7% | $3.68B+7.8% | $3.42B-5.9% | $3.63B+1.2% | |
| Consumer Banking and Lending | $8.55B+8.3% | $7.9B+2.1% | $7.73B-11.8% | $8.77B-27.4% | |
| Corporate and Investment Banking | $11.68B+2.3% | $11.41B+17.7% | $9.69B+48.9% | $6.51B+1.2% | |
| Wealth And Investment Management | $12.27B+2.6% | $11.96B+11.5% | $10.73B-1.6% | $10.9B-7.5% | |
| Other by Business | |||||
| Commercial Banking | $1.87B+19.9% | $1.56B-1.0% | $1.57B+72.6% | $910M+38.9% | |
| Consumer Banking and Lending | $316M-10.2% | $352M-20.4% | $442M+14.8% | $385M-18.6% | |
| Corporate and Investment Banking | $696M+9.3% | $637M-9.5% | $704M+38.0% | $510M-26.1% | |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest by Business | |||||
| Commercial Banking | $5.61B-10.9% | $6.3B-7.6% | $6.82B+26.4% | $5.4B+28.9% | |
| Consumer Banking and Lending | $10.54B+12.5% | $9.37B-11.6% | $10.6B+46.0% | $7.26B-36.4% | |
| Corporate and Investment Banking | $9.72B-0.7% | $9.79B+14.3% | $8.57B+8.9% | $7.87B-2.6% | |
| Wealth And Investment Management | $2.75B+7.0% | $2.57B-1.8% | $2.62B-19.0% | $3.23B+19.5% | |
| Net interest income (expense) by Business | |||||
| Commercial Banking | $7.9B-13.1% | $9.1B-9.3% | $10.03B+37.7% | $7.29B+47.0% | |
| Consumer Banking and Lending | $29.28B+3.4% | $28.3B-6.2% | $30.19B+11.6% | $27.04B+18.6% | |
| Corporate and Investment Banking | $7.56B-4.8% | $7.94B-16.5% | $9.5B+8.8% | $8.73B+17.9% | |
| Wealth And Investment Management | $3.59B+3.3% | $3.47B-12.4% | $3.97B+1.0% | $3.93B+52.8% | |
| Total Assets by Business | |||||
| Commercial Banking | $1.01T+1.1% | $995.32B-0.4% | $999.56B+6.2% | $941.13B+16.7% | |
| Consumer Banking and Lending | $1.45T-0.2% | $1.45T-4.0% | $1.51T-1.1% | $1.53T-1.2% | |
| Corporate and Investment Banking | $2.79T+21.5% | $2.3T+4.2% | $2.21T-1.2% | $2.23T+5.8% | |
| Wealth And Investment Management | $368.57B+2.3% | $360.45B+0.7% | $357.79B-2.2% | $365.78B+3.0% | |
| Less: Net income (loss) from noncontrolling interests by Business | |||||
| Commercial Banking | $8M-20.0% | $10M-9.1% | $11M-8.3% | $12M+50.0% | |
| Consumer Banking and Lending | $0— | $0— | $0— | $0— | |
| Corporate and Investment Banking | $0— | $0— | $0— | $0+100% | |
| Wealth And Investment Management | $0— | $0— | $0— | $0— | |
| Total noninterest expense by Business | |||||
| Commercial Banking | $6.08B-1.8% | $6.19B-5.6% | $6.56B+8.2% | $6.06B+3.3% | |
| Consumer Banking and Lending | $23.93B+2.8% | $23.27B-3.1% | $24.02B-8.6% | $26.28B+6.6% | |
| Corporate and Investment Banking | $9.44B+4.5% | $9.03B+4.8% | $8.62B+14.0% | $7.56B+5.0% | |
| Wealth And Investment Management | $13.1B+1.7% | $12.88B+6.8% | $12.06B+3.9% | $11.61B-1.0% | |
| Net gains (losses) from trading activities by Business | |||||
| Commercial Banking | $0+100% | -$2M+80.0% | -$10M-66.7% | -$6M— | |
| Consumer Banking and Lending | $0— | $0— | $0— | $0— | |
| Corporate and Investment Banking | $5B-3.4% | $5.17B+11.7% | $4.63B+146% | $1.89B— | |
| Wealth And Investment Management | $118M-23.9% | $155M-4.3% | $162M+179% | $58M+176% | |
| Income tax expense (benefit) by Business | |||||
| Commercial Banking | $1.42B-11.1% | $1.6B-6.2% | $1.7B+24.7% | $1.37B+30.7% | |
| Consumer Banking and Lending | $2.63B+11.7% | $2.36B-11.3% | $2.66B+46.3% | $1.82B-36.3% | |
| Corporate and Investment Banking | $2.44B-0.7% | $2.46B+14.8% | $2.14B+7.6% | $1.99B-1.5% | |
| Wealth And Investment Management | $678M+0.9% | $672M+2.3% | $657M-19.1% | $812M+19.4% | |
| Total loans by Business | |||||
| Commercial Banking | $909.67B+0.9% | $901.45B-0.5% | $905.86B+7.6% | $842.19B— | |
| Consumer Banking and Lending | $1.3T-0.2% | $1.3T-3.3% | $1.34T0.0% | $1.34T— | |
| Corporate and Investment Banking | $1.21T+9.6% | $1.1T-5.0% | $1.16T-3.0% | $1.2T— | |
| Wealth And Investment Management | $344.33B+3.2% | $333.7B+1.1% | $330.16B-2.7% | $339.48B— | |
| Net gains (losses) from debt securities by Business | |||||
| Commercial Banking | $4M— | $0-100% | $25M+400% | $5M-88.6% | |
| Consumer Banking and Lending | $0— | $0— | $0— | $0— | |
| Corporate and Investment Banking | $0— | $0— | $0— | $0— | |
| Wealth And Investment Management | $0— | $0— | $0— | $0— | |
| Net gains (losses) from equity securities by Business | |||||
| Commercial Banking | $75M— | —— | -$58M— | —— | |
| Consumer Banking and Lending | $5M+350% | -$2M— | $0+100% | -$5M-150% | |
| Corporate and Investment Banking | $66M+247% | $19M+575% | -$4M— | —— | |
| Nonpersonnel expense by Business | |||||
| Commercial Banking | $2.12B+1.0% | $2.1B-4.1% | $2.19B+4.9% | $2.09B— | |
| Consumer Banking and Lending | $9.5B+1.0% | $9.41B+0.1% | $9.4B-16.3% | $11.23B— | |
| Corporate and Investment Banking | $3.33B+12.5% | $2.96B+9.4% | $2.71B+16.0% | $2.34B— | |
| Wealth And Investment Management | $2.38B-3.3% | $2.46B+6.1% | $2.32B+3.0% | $2.25B— | |
| Financing Receivables and Net Investment in Lease, Excluding Accrued Interest, Before Allowance for Credit Loss, Average Amount Outstanding by Business | |||||
| Commercial Banking | $669.83B— | —— | —— | $609.59B— | |
| Consumer Banking and Lending | $964.61B— | —— | —— | $993.43B— | |
| Corporate and Investment Banking | $865.73B— | —— | —— | $889.86B— | |
| Wealth And Investment Management | $252.84B+1.7% | $248.64B— | —— | —— | |
| Personnel by Business | |||||
| Commercial Banking | $3.96B-3.3% | $4.09B-6.3% | $4.37B+9.9% | $3.97B— | |
| Consumer Banking and Lending | $14.43B+4.1% | $13.86B-5.2% | $14.63B-2.8% | $15.05B— | |
| Corporate and Investment Banking | $6.1B+0.6% | $6.07B+2.7% | $5.91B+13.1% | $5.23B— | |
| Wealth And Investment Management | $10.73B+2.9% | $10.42B+7.0% | $9.75B+4.1% | $9.36B— | |
| Segment Reporting Information Average Deposits by Business | |||||
| Commercial Banking | $533.69B+5.0% | $508.16B— | —— | —— | |
| Corporate and Investment Banking | $613.18B+7.7% | $569.33B+18.9% | $478.74B— | —— | |
| Wealth And Investment Management | $355.54B+12.6% | $315.88B— | —— | —— | |
| Assets, Average Outstanding by Business | |||||
| Commercial Banking | $737.9B— | —— | —— | $674.38B+13.8% | |
| Consumer Banking and Lending | $1.07T— | —— | —— | $1.14T— | |
| Corporate and Investment Banking | $1.96T+15.7% | $1.69T+1.9% | $1.66T— | —— | |
| Wealth And Investment Management | $272.07B+0.8% | $269.89B— | —— | —— | |
| Fees And Commissions Lending Activities 1 by Business | |||||
| Commercial Banking | $565M+1.8% | $555M+4.5% | $531M+8.1% | $491M-7.7% | |
| Consumer Banking and Lending | $82M-10.9% | $92M-21.4% | $117M-9.3% | $129M-11.0% | |
| Corporate and Investment Banking | $844M+0.2% | $842M+6.6% | $790M+2.7% | $769M+1.1% | |
| Wealth And Investment Management | $23M+109% | $11M+37.5% | $8M0.0% | $8M0.0% | |
| Goodwill by Business | |||||
| Commercial Banking | $11.71B0.0% | $11.72B-0.1% | $11.73B-0.1% | $11.74B-0.9% | |
| Consumer Banking and Lending | $65.67B0.0% | $65.67B0.0% | $65.67B0.0% | $65.67B0.0% | |
| Corporate and Investment Banking | $21.1B-1.9% | $21.5B0.0% | $21.5B0.0% | $21.5B0.0% | |
| Wealth And Investment Management | $1.38B0.0% | $1.38B0.0% | $1.38B0.0% | $1.38B0.0% | |
| Mortgage banking by Business | |||||
| Commercial Banking | $0— | $0— | $0— | $0— | |
| Consumer Banking and Lending | $769M+18.3% | $650M+27.0% | $512M-53.5% | $1.1B-75.5% | |
| Corporate and Investment Banking | $394M-3.9% | $410M+24.6% | $329M+11.1% | $296M-38.3% | |
| Wealth And Investment Management | -$13M0.0% | -$13M-8.3% | -$12M0.0% | -$12M0.0% | |
| Card fees by Business | |||||
| Commercial Banking | $191M-6.8% | $205M-8.1% | $223M-0.4% | $224M+14.3% | |
| Consumer Banking and Lending | $4.34B+6.4% | $4.08B+2.7% | $3.97B-2.5% | $4.07B+3.5% | |
| Corporate and Investment Banking | $53M-3.6% | $55M-8.3% | $60M0.0% | $60M+33.3% | |
| Wealth And Investment Management | $4M0.0% | $4M0.0% | $4M0.0% | $4M0.0% | |
| Other Credit And Debit Card Fees by Business | |||||
| Commercial Banking | $0— | $0— | $0— | $0— | |
| Consumer Banking and Lending | $616M+21.0% | $509M+19.2% | $427M-10.5% | $477M-5.4% | |
| Corporate and Investment Banking | $0— | $0— | $0— | $0— | |
| Wealth And Investment Management | $0— | $0— | $0— | $0— | |
| Deposits by Business | |||||
| Commercial Banking | $728.28B+3.4% | $704.58B+7.2% | $657.49B-9.4% | $725.36B-9.3% | |
| Consumer Banking and Lending | $3.18T+1.3% | $3.14T-3.6% | $3.25T-8.3% | $3.55T+3.8% | |
| Corporate and Investment Banking | $852.45B+5.3% | $809.54B+21.7% | $665.25B+3.5% | $642.67B-12.9% | |
| Wealth And Investment Management | $505.35B+13.4% | $445.68B+2.9% | $432.94B-32.0% | $637.01B-11.6% | |
| Provision for Credit Losses by Business | |||||
| Commercial Banking | $288M-0.7% | $290M+287% | $75M+114% | -$534M+64.4% | |
| Consumer Banking and Lending | $3.36B-5.6% | $3.56B+7.9% | $3.3B+44.9% | $2.28B— | |
| Corporate and Investment Banking | $74M-85.8% | $521M-74.0% | $2.01B— | —— | |
| Wealth And Investment Management | $0+100% | -$22M— | —— | —— | |
| Fee income by Product | |||||
| Commissions and brokerage services fees | $2.56B+1.4% | $2.52B+6.1% | $2.38B+5.9% | $2.24B-2.5% | |
| Deposit Account | $5.1B+1.7% | $5.02B+6.8% | $4.69B-11.7% | $5.32B-2.9% | |
| Investment banking fees | $3.03B+13.6% | $2.67B+61.6% | $1.65B+14.6% | $1.44B-38.9% | |
| Trailing commissions | $945M+0.2% | $943M+4.3% | $904M-8.6% | $989M-17.6% |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- How does Wells Fargo & Company break its business down?
- Wells Fargo & Company (WFC) reports revenues, net of interest expense by business across 4 parts — Commercial Banking, Consumer Banking and Lending, Corporate and Investment Banking and Wealth And Investment Management. Each is extracted from the segment footnotes and tracked over time.
- Where does Wells Fargo & Company's segment data come from?
- Segment breakdowns are pulled from the segment footnotes in Wells Fargo & Company's SEC filings (the XBRL dimensional tags), so every line ties back to a reported figure. Switch between quarterly, annual, and TTM, or open any segment for its full history.
