Business Segments Wells Fargo & Company

Equities

Market Closed - Nyse Other stock markets 16:00:02 2025-12-12 EST			5-day change	1st Jan Change
92.76 ^USD	+0.18%		+3.26%	+32.06%

12-12	Overall Spreads Remain Tight Even As Oracle Debt Risk Jumps	MT
12-12	Wells Fargo & Company Announces Redemption of Its Floating Rate Junior Subordinated Deferrable Interest Debentures	CI

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Breakdown by Business Segment (USD)

Fiscal Period: December	2020	2021	2022	2023	2024
Diversified Commercial Banks
Consumer Banking and Lending	28.35B	36.06B	33.53B	34.62B	32.64B
Total Assets	421B	379B	388B	375B	362B
Income Tax Expense	302M	2.85B	1.82B	2.66B	2.36B
EBT	1.38B	11.41B	7.26B	10.6B	9.37B
Net Income	1.08B	8.56B	5.44B	7.94B	7.01B
Corporate and Investment Banking	8.87B	15.28B	15.43B	17.18B	18.82B
Total Assets	509B	547B	550B	547B	597B
Income Tax Expense	330M	2.02B	1.99B	2.14B	2.46B
EBT	1.17B	8.08B	7.87B	8.57B	9.79B
Net Income	842M	6.06B	5.88B	6.43B	7.34B
Commercial Banking	5.99B	10.05B	11.45B	13.37B	12.49B
Total Assets	209B	211B	250B	246B	247B
Income Tax Expense	-238M	1.04B	1.37B	1.7B	1.6B
EBT	-914M	4.19B	5.4B	6.82B	6.3B
Net Income	-681M	3.13B	4.02B	5.1B	4.69B
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	14.26B	14.44B	14.85B	14.68B	15.46B
Total Assets	89.38B	90.75B	91.72B	90.14B	90.54B
Income Tax Expense	552M	680M	812M	657M	672M
EBT	2.21B	2.71B	3.23B	2.62B	2.57B
Net Income	1.66B	2.03B	2.42B	1.96B	1.9B
Corporate	3.94B	8.44B	-1B	-469M	354M
Total Assets	727B	721B	601B	674B	634B
Income Tax Expense	-742M	596M	-1.88B	-2.36B	-1.88B
EBT	-57M	4.05B	-6.77B	-4.77B	-2.87B
Net Income	408M	1.77B	-4.58B	-2.29B	-1.22B
Other	-	-	-	-	-
Income Tax Expense	-	-	-	-	-
Total Assets	-	-	-	-	-
EBT	-	-	-	-	-
Net Income	-	-	-	-	-
Reconciling Items	-3.21B	-1.61B	-2.01B	-2.2B	-1.8B
Income Tax Expense	-3.21B	-1.61B	-2.01B	-2.2B	-1.8B
EBT	-3.21B	-1.61B	-2.01B	-2.2B	-1.8B

Geographical breakdown of sales (USD)

Fiscal Period: December	2020	2021	2022	2023	2024
United States	58.32B	82.95B	72.25B	77.2B	77.96B
Total Assets	1,955B	1,948B	1,881B	1,932B	1,930B
Interest Expense	-7.96B	-3.92B	-9.07B	-32.74B	-43.1B
Income Tax Expense	-3B	5.58B	2.09B	2.61B	3.4B
D&A	8.7B	7.85B	6.83B	6.27B	7.56B
CAPEX	-	-	-	-	-
Net Income	3.3B	21.55B	13.18B	19.14B	19.72B
EBT	581M	28.82B	14.97B	21.64B	23.36B