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Revenue breakdown by Products & Services

Wells Fargo & Company's Revenue by Segment

In fiscal year 2024, Wells Fargo & Company's revenue by segment (products & services) are as follows:

  • Community Banking: $36.20 B
  • Corporate and Investment Banking: $19.34 B
  • Wealth And Investment Management: $15.44 B
  • Wholesale Banking: $12.78 B

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The above chart shows Wells Fargo & Company's revenue percentage share by segment (products and services).

In fiscal year 2022, Wells Fargo & Company's revenue by segment is as follows:

  • Community Banking generated $35.81 B in revenue, representing 46.63% of its total revenue.
  • Corporate and Investment Banking generated $15.24 B in revenue, representing 19.85% of its total revenue.
  • Wealth And Investment Management generated $14.82 B in revenue, representing 19.3% of its total revenue.
  • Wholesale Banking generated $10.92 B in revenue, representing 14.22% of its total revenue.

The biggest segment for Wells Fargo & Company is the Community Banking, which represents 46.63% of its total revenue.
The smallest segment for Wells Fargo & Company is the Wholesale Banking, which represents 14.22% of its total revenue.

The above chart shows Wells Fargo & Company's revenue percentage share by segment (products and services).

In fiscal year 2023, Wells Fargo & Company's revenue by segment is as follows:

  • Community Banking generated $37.92 B in revenue, representing 44.48% of its total revenue.
  • Corporate and Investment Banking generated $19.19 B in revenue, representing 22.51% of its total revenue.
  • Wealth And Investment Management generated $14.69 B in revenue, representing 17.23% of its total revenue.
  • Wholesale Banking generated $13.45 B in revenue, representing 15.78% of its total revenue.

The biggest segment for Wells Fargo & Company is the Community Banking, which represents 44.48% of its total revenue.
The smallest segment for Wells Fargo & Company is the Wholesale Banking, which represents 15.78% of its total revenue.

The above chart shows Wells Fargo & Company's revenue percentage share by segment (products and services).

In fiscal year 2024, Wells Fargo & Company's revenue by segment is as follows:

  • Community Banking generated $36.20 B in revenue, representing 43.22% of its total revenue.
  • Corporate and Investment Banking generated $19.34 B in revenue, representing 23.09% of its total revenue.
  • Wealth And Investment Management generated $15.44 B in revenue, representing 18.43% of its total revenue.
  • Wholesale Banking generated $12.78 B in revenue, representing 15.26% of its total revenue.

The biggest segment for Wells Fargo & Company is the Community Banking, which represents 43.22% of its total revenue.
The smallest segment for Wells Fargo & Company is the Wholesale Banking, which represents 15.26% of its total revenue.
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Summary Table

Products & Services (Percent Share) 2022 2023 2024
Wholesale Banking 14.22% 15.78% 15.26%
Community Banking 46.63% 44.48% 43.22%
Corporate and Investment Banking 19.85% 22.51% 23.09%
Wealth And Investment Management 19.3% 17.23% 18.43%
Total Revenue 100% 100% 100%

The above chart shows the revenue trend of different segments of Wells Fargo & Company.

In fiscal year 2024, the Community Banking generated the most revenue ($36.20 B), and the Wholesale Banking generated the least revenue ($12.78 B).

The above chart shows growth drivers and a year-over-year comparison of different segments' revenue.

  • Community Banking revenue decreased -4.53% ($1.72 B) from $37.92 B (in 2023) to $36.20 B (in 2024).
  • Corporate and Investment Banking revenue increased 0.8% ($153.00 M) from $19.19 B (in 2023) to $19.34 B (in 2024).
  • Wealth And Investment Management revenue increased 5.07% ($745.00 M) from $14.69 B (in 2023) to $15.44 B (in 2024).
  • Wholesale Banking revenue decreased -4.99% ($671.00 M) from $13.45 B (in 2023) to $12.78 B (in 2024).
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    Summary Table

    Products & Services 2022
    Value Change
    		2023
    Value Change
    		2024
    Value Change
    Community Banking $35.81 B - $37.92 B
    5.89%
    		$36.20 B
    4.53%
    Corporate and Investment Banking $15.24 B - $19.19 B
    25.91%
    		$19.34 B
    0.80%
    Wealth And Investment Management $14.82 B - $14.69 B
    0.88%
    		$15.44 B
    5.07%
    Wholesale Banking $10.92 B - $13.45 B
    23.16%
    		$12.78 B
    4.99%
    Total Revenue $76.79 B - $85.25 B
    11.01%
    		$83.76 B
    1.75%

    Frequently Asked Questions

    What was Wells Fargo & Company's largest product segment last year?

    In fiscal year 2024, Community Banking revenue reached $36.20 Billion, representing 43.22% of Wells Fargo & Company's total revenue and making it the largest segment for the company.

    Which product segment experienced the highest growth for Wells Fargo & Company last year?

    The Wealth And Investment Management segment is Wells Fargo & Company's highest growth segment, with a revenue growth of +5.07% in 2024 compared to 2023.

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