Business Segments Wells Fargo & Company

Equities

WFC

US9497461015

Banks

Market Closed - Nyse Other stock markets 02:31:21 17/01/2026 am IST			5-day change	1st Jan Change
88.38 ^USD	-0.65%		-7.89%	-5.17%

17/01	Consumer Cos Down Amid Spending Doubts -- Consumer Roundup	DJ
17/01	Financials Flat After Mixed Earnings -- Financials Roundup	DJ

Sales 2024 by Business Segment

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Sales 2024 by Geography

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Historical Breakdown of Revenue by Business Segments

Net Income: Breakdown by Business Segment

Breakdown by Business Segment (USD)

Fiscal Period: December	2020	2021	2022	2023	2024
Diversified Commercial Banks
Consumer Banking and Lending	2.84TCr	3.61TCr	3.35TCr	3.46TCr	3.26TCr
Total Assets	42TCr	38TCr	39TCr	38TCr	36TCr
Income Tax Expense	30Cr	285.2Cr	181.6Cr	265.7Cr	235.7Cr
EBT	137.8Cr	1.14TCr	725.7Cr	1.06TCr	936.6Cr
Net Income	107.6Cr	855.5Cr	544.1Cr	793.9Cr	700.9Cr
Corporate and Investment Banking	887.4Cr	1.53TCr	1.54TCr	1.72TCr	1.88TCr
Total Assets	51TCr	55TCr	55TCr	55TCr	60TCr
Income Tax Expense	33Cr	201.9Cr	198.9Cr	214Cr	245.6Cr
EBT	117.1Cr	807.8Cr	786.7Cr	856.6Cr	979.4Cr
Net Income	84Cr	606.2Cr	587.8Cr	642.6Cr	733.8Cr
Commercial Banking	599.4Cr	1TCr	1.15TCr	1.34TCr	1.25TCr
Total Assets	21TCr	21TCr	25TCr	25TCr	25TCr
Income Tax Expense	-24Cr	104.5Cr	136.6Cr	170.4Cr	159.9Cr
EBT	-91Cr	418.7Cr	539.6Cr	681.9Cr	629.8Cr
Net Income	-68Cr	313.4Cr	401.8Cr	510.4Cr	468.9Cr
Wholesale Banking	-	-	-	-	-
Income Tax Expense	-	-	-	-	-
Total Assets	-	-	-	-	-
EBT	-	-	-	-	-
Net Income	-	-	-	-	-
Community Banking	-	-	-	-	-
Income Tax Expense	-	-	-	-	-
Total Assets	-	-	-	-	-
EBT	-	-	-	-	-
Net Income	-	-	-	-	-
Investment Funds
Wealth and Investment Management	1.43TCr	1.44TCr	1.48TCr	1.47TCr	1.55TCr
Total Assets	8.94TCr	9.08TCr	9.17TCr	9.01TCr	9.05TCr
Income Tax Expense	55Cr	68Cr	81Cr	66Cr	67Cr
EBT	221.2Cr	270.7Cr	323.4Cr	262.1Cr	257.4Cr
Net Income	165.6Cr	202.7Cr	242.2Cr	196.4Cr	190.2Cr
Corporate	393.5Cr	843.8Cr	-100Cr	-47Cr	35Cr
Total Assets	73TCr	72TCr	60TCr	67TCr	63TCr
Income Tax Expense	-74Cr	60Cr	-188.5Cr	-235.5Cr	-188.4Cr
EBT	-5.7Cr	405.1Cr	-677.4Cr	-477Cr	-286.7Cr
Net Income	41Cr	177Cr	-457.7Cr	-229.1Cr	-121.6Cr
Other	-	-	-	-	-
Income Tax Expense	-	-	-	-	-
Total Assets	-	-	-	-	-
EBT	-	-	-	-	-
Net Income	-	-	-	-	-
Reconciling Items	-320.9Cr	-161.4Cr	-201.1Cr	-219.6Cr	-180.1Cr
Income Tax Expense	-320.9Cr	-161.4Cr	-201.1Cr	-219.6Cr	-180.1Cr
EBT	-320.9Cr	-161.4Cr	-201.1Cr	-219.6Cr	-180.1Cr

Geographical Revenue Distribution History

Geographical breakdown of sales (USD)

Fiscal Period: December	2020	2021	2022	2023	2024
United States	5.83TCr	8.29TCr	7.22TCr	7.72TCr	7.8TCr
Total Assets	1,95500Cr	1,94800Cr	1,88100Cr	1,93200Cr	1,93000Cr
Interest Expense	-796.3Cr	-391.5Cr	-907.4Cr	-3.27TCr	-4.31TCr
Income Tax Expense	-300.5Cr	557.8Cr	208.7Cr	260.7Cr	339.9Cr
D&A	869.9Cr	784.9Cr	682.8Cr	627.1Cr	755.8Cr
CAPEX	-	-	-	-	-
Net Income	330.1Cr	2.15TCr	1.32TCr	1.91TCr	1.97TCr
EBT	58Cr	2.88TCr	1.5TCr	2.16TCr	2.34TCr