Since 2018, when Wells Fargo restructured its operations into four new operating segments, the total annual revenue of the bank decreased considerably. As of 2023, the Consumer Banking and Lending division of Wells Fargo generated a revenue of 37.92 billion U.S. dollars.
Revenues of Wells Fargo worldwide from 2013 to 2023, by segment
(in billion U.S. dollars)
Characteristic
Community Banking
Wholesale Banking
Wealth and Investment Management
Consumer Banking and Lending
Commercial Banking
Corporate and Investment Banking
Corporate
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Figures have been rounded.
The source added the following information: "Our management reporting is organized into four reportable operating segments: Consumer Banking and Lending; Commercial Banking; Corporate and Investment Banking; and Wealth and Investment Management. All other business activities that are not included in the reportable operating segments have been included in Corporate."
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Wells Fargo. (March 8, 2024). Revenues of Wells Fargo worldwide from 2013 to 2023, by segment (in billion U.S. dollars) [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/680527/wells-fargo-revenue-by-segment/
Wells Fargo. "Revenues of Wells Fargo worldwide from 2013 to 2023, by segment (in billion U.S. dollars)." Chart. March 8, 2024. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/680527/wells-fargo-revenue-by-segment/
Wells Fargo. (2024). Revenues of Wells Fargo worldwide from 2013 to 2023, by segment (in billion U.S. dollars). Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/680527/wells-fargo-revenue-by-segment/
Wells Fargo. "Revenues of Wells Fargo Worldwide from 2013 to 2023, by Segment (in Billion U.S. Dollars)." Statista, Statista Inc., 8 Mar 2024, https://www.statista.com/statistics/680527/wells-fargo-revenue-by-segment/
Wells Fargo, Revenues of Wells Fargo worldwide from 2013 to 2023, by segment (in billion U.S. dollars) Statista, https://www.statista.com/statistics/680527/wells-fargo-revenue-by-segment/ (last visited July 22, 2024)
Revenues of Wells Fargo worldwide from 2013 to 2023, by segment (in billion U.S. dollars) [Graph], Wells Fargo, March 8, 2024. [Online]. Available: https://www.statista.com/statistics/680527/wells-fargo-revenue-by-segment/