Wells Fargo (WFC) Revenue & Revenue Breakdown

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Wells Fargo Revenue Highlights

Latest Revenue (Y)

$77.96B

Latest Revenue (Q)

$30.43B

Main Segment (Y)

Community Banking

Main Geography (Y)

Investment Advisory, Management and Administrative Service

Wells Fargo Revenue by Period

Wells Fargo Revenue by Year

Date	Revenue	Change
2024-12-31	$77.96B	0.99%
2023-12-31	$77.20B	4.63%
2022-12-31	$73.78B	-6.00%
2021-12-31	$78.49B	8.50%
2020-12-31	$72.34B	-14.96%
2019-12-31	$85.06B	-1.56%
2018-12-31	$86.41B	-0.82%
2017-12-31	$87.12B	-0.31%
2016-12-31	$87.39B	4.25%
2015-12-31	$83.83B	2.27%
2014-12-31	$81.97B	-0.41%
2013-12-31	$82.31B	-2.71%
2012-12-31	$84.60B	6.46%
2011-12-31	$79.47B	-5.88%
2010-12-31	$84.43B	-4.60%
2009-12-31	$88.50B	109.59%
2008-12-31	$42.23B	9.23%
2007-12-31	$38.66B	10.59%
2006-12-31	$34.95B	6.08%
2005-12-31	$32.95B	9.61%
2004-12-31	$30.06B	5.88%
2003-12-31	$28.39B	15.89%
2002-12-31	$24.50B	21.57%
2001-12-31	$20.15B	2.24%
2000-12-31	$19.71B	17.48%
1999-12-31	$16.77B	8.81%
1998-12-31	$15.42B	120.38%
1997-12-31	$7.00B	11.65%
1996-12-31	$6.27B	22.04%
1995-12-31	$5.13B	15.59%
1994-12-31	$4.44B	13.35%
1993-12-31	$3.92B	-

Wells Fargo generated $77.96B in revenue during NA 2024, up 0.99% compared to the previous quarter, and up 91.65% compared to the same period a year ago.

Wells Fargo Revenue by Quarter

Date	Revenue	Change
2025-06-30	$30.43B	2.72%
2025-03-31	$29.63B	-3.17%
2024-12-31	$30.60B	-3.40%
2024-09-30	$31.67B	0.08%
2024-06-30	$31.65B	0.55%
2024-03-31	$31.48B	3.04%
2023-12-31	$30.55B	2.35%
2023-09-30	$29.84B	5.83%
2023-06-30	$28.20B	5.42%
2023-03-31	$26.75B	11.36%
2022-12-31	$24.02B	9.37%
2022-09-30	$21.96B	19.37%
2022-06-30	$18.40B	-1.55%
2022-03-31	$18.69B	-13.94%
2021-12-31	$21.71B	9.90%
2021-09-30	$19.76B	-6.63%
2021-06-30	$21.16B	7.05%
2021-03-31	$19.77B	2.55%
2020-12-31	$19.28B	-7.08%
2020-09-30	$20.75B	2.68%
2020-06-30	$20.21B	-4.38%
2020-03-31	$21.13B	-12.88%
2019-12-31	$24.25B	-9.78%
2019-09-30	$26.88B	1.54%
2019-06-30	$26.48B	0.66%
2019-03-31	$26.30B	4.13%
2018-12-31	$25.26B	-1.85%
2018-09-30	$25.73B	2.82%
2018-06-30	$25.03B	-0.06%
2018-03-31	$25.04B	20.61%
2017-12-31	$20.76B	-4.27%
2017-09-30	$21.69B	-1.33%
2017-06-30	$21.98B	1.77%
2017-03-31	$21.60B	1.52%
2016-12-31	$21.28B	-4.11%
2016-09-30	$22.19B	0.98%
2016-06-30	$21.97B	0.10%
2016-03-31	$21.95B	3.72%
2015-12-31	$21.16B	0.99%
2015-09-30	$20.95B	0.74%
2015-06-30	$20.80B	-0.51%
2015-03-31	$20.91B	-0.77%
2014-12-31	$21.07B	2.78%
2014-09-30	$20.50B	-0.56%
2014-06-30	$20.62B	4.24%
2014-03-31	$19.78B	-1.16%
2013-12-31	$20.01B	0.18%
2013-09-30	$19.98B	-5.66%
2013-06-30	$21.18B	0.14%
2013-03-31	$21.15B	-0.41%
2012-12-31	$21.23B	0.87%
2012-09-30	$21.05B	0.01%
2012-06-30	$21.05B	-1.06%
2012-03-31	$21.27B	3.54%
2011-12-31	$20.54B	6.53%
2011-09-30	$19.28B	-1.92%
2011-06-30	$19.66B	-1.57%
2011-03-31	$19.98B	-5.67%
2010-12-31	$21.18B	2.09%
2010-09-30	$20.74B	-1.72%
2010-06-30	$21.11B	-1.40%
2010-03-31	$21.41B	-4.54%
2009-12-31	$22.42B	-0.06%
2009-09-30	$22.44B	-0.13%
2009-06-30	$22.47B	6.11%
2009-03-31	$21.17B	106.92%
2008-12-31	$10.23B	-1.41%
2008-09-30	$10.38B	-9.42%
2008-06-30	$11.46B	8.48%
2008-03-31	$10.56B	11.53%
2007-12-31	$9.47B	-

Wells Fargo generated $30.43B in revenue during Q2 2025, up 2.72% compared to the previous quarter, and up 96.69% compared to the same period a year ago.

Wells Fargo Revenue Breakdown

Wells Fargo Revenue Breakdown by Product

Annual Revenue by Product

Product/Service	Dec 24	Dec 23	Dec 22	Dec 21	Dec 20
Community Banking	$36.20B	$37.92B	-	-	-
Wealth And Investment Management	$15.44B	$14.69B	-	-	-
Wholesale Banking	$12.78B	$13.45B	-	-	-
Corporate and Investment Banking	$19.34B	$19.19B	-	-	-
Commissions and Brokerage Service Fees	-	$2.38B	$2.24B	$2.30B	-
Credit Card Rewards And Rebates	-	$2.60B	$2.20B	-	-
Trailing Commission	-	$904.00M	$989.00M	$1.20B	$1.10B
Investment Advisory, Management and Administrative Service	-	$8.67B	$9.00B	$11.01B	-
Investment Advice	-	$1.65B	$1.44B	$2.35B	-
Deposit Account	-	$4.69B	$5.32B	$5.47B	-
Card Interchange And Network Revenues	-	$3.83B	$3.88B	$3.67B	-
Credit Card Rewards and Rebates	-	-	-	$1.60B	$1.30B

Wells Fargo's latest annual revenue breakdown by segment (product or service), as of Dec 24: Community Banking (43.22%), Corporate and Investment Banking (23.09%), Wealth And Investment Management (18.43%), and Wholesale Banking (15.26%).

Quarterly Revenue by Product

Product/Service	Jun 25	Mar 25	Dec 24	Sep 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20
Wealth And Investment Management	$3.90B	$3.87B	$7.82B	$3.88B	$3.74B	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Wholesale Banking	$2.93B	$2.92B	$6.29B	$3.33B	$3.15B	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Community Banking	$9.23B	$8.91B	$17.99B	$9.12B	$9.09B	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Corporate and Investment Banking	$4.67B	$5.06B	$9.45B	$4.91B	$4.98B	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Credit Card Rewards And Rebates	-	-	-	-	$651.00M	$728.00M	$652.00M	$628.00M	$592.00M	$600.00M	$577.00M	-	-	-	-	-	-	-	-	-
Card Interchange And Network Revenues	-	-	-	-	$941.00M	$906.00M	$980.00M	$1.00B	$938.00M	$991.00M	$991.00M	$994.00M	$902.00M	$938.00M	-	-	-	$2.00M	-	-
Commissions and Brokerage Service Fees	-	-	-	-	$626.00M	$619.00M	$567.00M	$570.00M	$619.00M	$601.00M	$562.00M	$542.00M	$537.00M	$558.00M	-	$-1.00M	-	-	-	-
Deposit Account	-	-	-	-	$1.23B	$1.20B	$1.18B	$1.17B	$1.15B	$1.18B	$1.29B	$1.38B	$1.47B	$1.46B	$1.00M	$1.00M	$4.00M	$15.00M	-	-
Investment Advice	-	-	-	-	$627.00M	$455.00M	$492.00M	$376.00M	$326.00M	$331.00M	$375.00M	$286.00M	$447.00M	$669.00M	$-8.00M	$-16.00M	$-49.00M	$5.00M	-	-
Investment Advisory, Management and Administrative Service	-	-	-	-	$2.33B	$2.17B	$2.22B	$2.16B	$2.11B	$2.05B	$2.11B	$2.35B	$2.50B	$2.58B	$415.00M	$398.00M	$332.00M	$1.45B	-	-
Trailing Commission	-	-	-	-	$231.00M	$220.00M	$230.00M	$227.00M	$227.00M	$242.00M	$231.00M	$245.00M	$271.00M	$305.00M	$297.00M	$300.00M	$298.00M	$284.00M	$284.00M	$257.00M
Credit Card Rewards and Rebates	-	-	-	-	-	-	-	-	-	-	-	$552.00M	$482.00M	$500.00M	$416.00M	$373.00M	$310.00M	$331.00M	$318.00M	$266.00M
Investment Asset Based Fee	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$1.13B	-	-
Investment Transactional Fee	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$272.00M	-	-
Other Investment Management Fee	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$46.00M	-	-
Trust Fee	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$592.00M	-	-
Asset Management	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$592.00M	-	-

Wells Fargo's latest quarterly revenue breakdown by segment (product or service), as of Jun 25: Community Banking (44.51%), Corporate and Investment Banking (22.54%), Wealth And Investment Management (18.80%), and Wholesale Banking (14.15%).

Wells Fargo Revenue Breakdown by Country

Annual Revenue by Country

Country	Dec 22	Dec 21	Dec 20	Dec 19	Dec 18
Deposit Account	$5.32B	$5.47B	-	-	-
Credit Card Rewards And Rebates	$2.20B	-	-	-	-
Card Interchange And Network Revenues	$3.88B	$3.67B	-	-	-
Commissions and Brokerage Service Fees	$2.24B	$2.30B	-	-	-
Trailing Commission	$989.00M	$1.20B	$1.10B	$1.20B	$1.30B
Investment Advisory, Management and Administrative Service	$9.00B	$11.01B	-	-	-
Investment Advice	$1.44B	$2.35B	-	-	-
Credit Card Rewards and Rebates	-	$1.60B	$1.30B	$1.50B	$1.40B

Wells Fargo's latest annual revenue breakdown by geography, as of Dec 22: Investment Advisory, Management and Administrative Service (35.92%), Deposit Account (21.21%), Card Interchange And Network Revenues (15.47%), Commissions and Brokerage Service Fees (8.94%), Credit Card Rewards And Rebates (8.78%), Investment Advice (5.74%), and Trailing Commission (3.95%).

Wells Fargo Peer Comparison by Revenue

Ticker	Company	Last Year Revenue	Last Quarter Revenue
JPM	JPMorgan Chase	$166.88B	$69.94B
BAC	Bank of America	$101.89B	$46.67B
WFC	Wells Fargo	$77.96B	$30.43B
C	Citigroup	$71.36B	$42.35B
RY	Royal Bank of Canada	$56.26B	$32.98B
TD	Toronto-Dominion Bank	$52.93B	$29.35B
BCS	Barclays	$51.34B	$6.95B
UBS	UBS Group	$39.06B	$11.94B
BMO	Bank of Montreal	$33.05B	$19.49B
BNS	Bank of Nova Scotia	$31.79B	$18.56B
CM	Canadian Imperial Bank of Commerce	$23.29B	$15.53B
ING	ING Groep	$22.58B	$5.58B
NU	Nu	$7.01B	$2.46B

WFC Revenue FAQ

What is Wells Fargo’s yearly revenue?

Wells Fargo's yearly revenue for 2024 was $77.96B, representing an increase of 0.99% compared to 2023. The company's yearly revenue for 2023 was $77.2B, representing an increase of 4.63% compared to 2022. WFC's yearly revenue for 2022 was $73.78B, representing a decrease of -6.00% compared to 2021.

What is Wells Fargo’s quarterly revenue?

Wells Fargo's quarterly revenue for Q2 2025 was $30.43B, a 2.72% increase from the previous quarter (Q1 2025), and a -3.84% decrease year-over-year (Q2 2024). The company's quarterly revenue for Q1 2025 was $29.63B, a -3.17% decrease from the previous quarter (Q4 2024), and a -5.87% decrease year-over-year (Q1 2024). WFC's quarterly revenue for Q4 2024 was $30.6B, a -3.40% decrease from the previous quarter (Q3 2024), and a 0.17% increase year-over-year (Q4 2023).

What is Wells Fargo’s revenue growth rate?

Wells Fargo's revenue growth rate for the last 3 years (2022-2024) was 5.66%, and for the last 5 years (2020-2024) was 7.77%.

What are Wells Fargo’s revenue streams?

Wells Fargo's revenue streams in c 24 are Community Banking, Wealth And Investment Management, Wholesale Banking, and Corporate and Investment Banking. Community Banking generated $36.2B in revenue, accounting 43.22% of the company's total revenue, down -4.53% year-over-year. Wealth And Investment Management generated $15.44B in revenue, accounting 18.43% of the company's total revenue, up 5.07% year-over-year. Wholesale Banking generated $12.78B in revenue, accounting 15.26% of the company's total revenue, down -4.99% year-over-year. Corporate and Investment Banking generated $19.34B in revenue, accounting 23.09% of the company's total revenue, up 0.80% year-over-year.

What is Wells Fargo’s main source of revenue?

For the fiscal year ending Dec 24, the largest source of revenue of Wells Fargo was Community Banking. This segment made a revenue of $36.2B, representing 43.22% of the company's total revenue.