Business Segments Wells Fargo & Company

Equities

Market Closed - Nyse Other stock markets 04:00:19 2024-12-06 pm EST			5-day change	1st Jan Change
74.33 ^USD	+0.91%		-2.42%	+51.02%

Dec. 06	Goldmans Sachs Adjusts Price Target on Wells Fargo & Co. to $82 From $72, Keeps Buy Rating	MT
Dec. 05	Financials Give Back Some Gains on Jobs Nerves -- Financials Roundup	DJ

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Breakdown by Business Segment (USD)

Fiscal Period: December	2019	2020	2021	2022	2023
Diversified Commercial Banks
Consumer Banking and Lending	-	28.35B	36.06B	33.53B	34.62B
Total Assets	-	421B	379B	388B	375B
Income Tax Expense	-	302M	2.85B	1.82B	2.66B
EBT	-	1.38B	11.41B	7.26B	10.6B
Net Income	-	1.08B	8.56B	5.44B	7.94B
Corporate and Investment Banking	-	8.87B	15.28B	15.43B	17.18B
Total Assets	-	509B	547B	550B	547B
Income Tax Expense	-	330M	2.02B	1.99B	2.14B
EBT	-	1.17B	8.08B	7.87B	8.57B
Net Income	-	842M	6.06B	5.88B	6.43B
Commercial Banking	-	5.99B	10.05B	11.45B	13.37B
Total Assets	-	209B	211B	250B	246B
Income Tax Expense	-	-238M	1.04B	1.37B	1.7B
EBT	-	-914M	4.19B	5.4B	6.82B
Net Income	-	-681M	3.13B	4.02B	5.1B
Wholesale Banking	27.3B	-	-	-	-
Income Tax Expense	1.25B	-	-	-	-
Total Assets	861B	-	-	-	-
EBT	11.95B	-	-	-	-
Net Income	10.7B	-	-	-	-
Community Banking	43B	-	-	-	-
Income Tax Expense	2.43B	-	-	-	-
Total Assets	1,028B	-	-	-	-
EBT	10.3B	-	-	-	-
Net Income	7.4B	-	-	-	-
Investment Funds
Wealth and Investment Management	17.34B	14.26B	14.44B	14.85B	14.68B
Total Assets	84.3B	89.38B	90.75B	91.72B	90.14B
Income Tax Expense	904M	552M	680M	812M	657M
EBT	3.63B	2.21B	2.71B	3.23B	2.62B
Net Income	2.71B	1.66B	2.03B	2.42B	1.96B
Other	-5.26B	-	-	-	-
Income Tax Expense	-419M	-	-	-	-
Total Assets	-60.3B	-	-	-	-
EBT	-1.68B	-	-	-	-
Net Income	-1.26B	-	-	-	-
Corporate	-	3.94B	8.44B	-1B	-469M
Total Assets	-	727B	721B	601B	674B
Income Tax Expense	-	-742M	596M	-1.88B	-2.36B
EBT	-	-57M	4.05B	-6.77B	-4.77B
Net Income	-	408M	1.77B	-4.58B	-2.29B
Reconciling Items	-	-3.21B	-1.61B	-2.01B	-2.2B
Income Tax Expense	-	-3.21B	-1.61B	-2.01B	-2.2B
EBT	-	-3.21B	-1.61B	-2.01B	-2.2B

Geographical breakdown of sales (USD)

Fiscal Period: December	2019	2020	2021	2022	2023
United States	82.46B	58.32B	82.95B	72.25B	77.2B
Total Assets	1,928B	1,955B	1,948B	1,881B	1,932B
Interest Expense	-18.85B	-7.96B	-3.92B	-9.07B	-32.74B
Income Tax Expense	4.16B	-3B	5.58B	2.09B	2.61B
D&A	7.08B	8.7B	7.85B	6.83B	6.27B
CAPEX	-	-	-	-	-
Net Income	19.55B	3.3B	21.55B	13.18B	19.14B
EBT	24.2B	581M	28.82B	14.97B	21.64B