Wells Fargo
Banking & financial services · United States
Wells Fargo is one of the largest U.S. banks: it serves households and small businesses with accounts, cards, mortgages and auto loans, lends to companies, and manages wealth for affluent clients.
What makes it different
Thousands of branches still anchor its consumer business.
4,090Retail bank branchesFY2025
Branches sit beside 37 million digital customers, so both channels feed deposits and card spending.
How big it is
How big is Wells Fargo?
$83.7BRevenueFY2025
$2.15TTotal assets2025
205,000Employees2025
How it makes money FY2025
Consumer banking is the biggest piece, but not most of it.
- Consumer Banking and Lending44%$37.4B
- Wealth and Investment Management19%$16.3B
- Commercial Banking14%$12.0B
- Corporate and Investment Banking23%$19.2B
How the business works
Everyday banking first, then lending and advice.
- 1Households and small businesses
- 2Cards, autos and mortgages
- 3Wealth and brokerage clients
Everyday accounts bring the deposits that fund loans and the clients who later need investment advice.
Who owns it
- The Vanguard Group, Inc.10.43%
- BlackRock, Inc.8.61%
- FMR LLC6.4%
CEO: Charles W. Scharf
Who it competes with
Key moments
- 1852Wells, Fargo & Co. is founded
- 1905Wells Fargo & Co.’s Bank merges with the Nevada Bank
- 1906San Francisco earthquake and recovery
- 1918Express business is nationalized
- 1970First self-service teller tests
Sources
Every number on this page comes from Wells Fargo's own reports.
Full profile
The rest of the story is in the app.
What Wells Fargo tracks23 metrics
Digital active customers
Debit card purchase volume
Mobile active customers
Results, quarter by quarterwith a chart
Revenue
Profit
Margin
The full timeline15 moments
1929
1973
2025
Wells Fargo vs JPMorgan Chaseside by side
Revenue
Profit
People
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