Wells Fargo & Company (WFC) Revenue History
Annual and quarterly revenue from 2013 to 2024
Compound Annual Growth Rate (CAGR)
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WFC Revenue Growth
Revenue Breakdown (FY 2024)
WFC's revenue distribution by segment and geography for fiscal year 2024
By Product/Segment
WFC Revenue Analysis (2013–2024)
As of May 6, 2026, Wells Fargo & Company (WFC) generated trailing twelve-month (TTM) revenue of $122.31 billion, reflecting modest growth of +0.7% year-over-year. The most recent quarter (Q3 2025) recorded $31.91 billion in revenue, up 5.7% sequentially.
Looking at the longer-term picture, WFC's 5-year compound annual growth rate (CAGR) stands at +3.5%, indicating moderate growth over time. The company achieved its highest annual revenue of $125.40 billion in 2024, representing a new all-time high.
Revenue diversification analysis shows WFC's business is primarily driven by Community Banking (43%), Corporate and Investment Banking (23%), and Wealth And Investment Management (18%).
When compared to Financial Services sector peers including JPM, BAC, and C. Compare WFC vs JPM →
WFC Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| WFCCurrent | $122.3B | +0.7% | +3.5% | 18.6% | |
 JPM | $270.8B | - | - | 27.7% | |
 BAC | $188.8B | - | - | 18.5% | |
 C | $170.7B | - | - | 10.0% | |
 USB | $42.9B | - | - | 22.2% | |
 PNC | $33.7B | - | - | 21.5% |
WFC Historical Revenue Data (2013–2024)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2024 | $125.40B | - | $77.96B | 62.2% | $23.36B | 18.6% |
| 2023 | $115.34B | - | $77.20B | 66.9% | $21.64B | 18.8% |
| 2022 | $83.44B | - | $72.83B | 87.3% | $15.63B | 18.7% |
| 2021 | $83.08B | - | $83.32B | 100.3% | $29.56B | 35.6% |
| 2020 | $82.23B | - | $60.13B | 73.1% | $2.50B | 3.0% |
| 2019 | $105.68B | - | $84.14B | 79.6% | $25.97B | 24.6% |
| 2018 | $101.06B | - | $84.66B | 83.8% | $28.54B | 28.2% |
| 2017 | $97.74B | - | $85.86B | 87.8% | $27.38B | 28.0% |
| 2016 | $94.18B | - | $84.50B | 89.7% | $32.12B | 34.1% |
| 2015 | $87.80B | - | $81.39B | 92.7% | $33.64B | 38.3% |
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Start ComparisonWFC — Frequently Asked Questions
Quick answers to the most common questions about buying WFC stock.
Is WFC's revenue growth accelerating or slowing?
WFC revenue growth slowed to +0.7%, below the 5-year CAGR of +3.5%. TTM revenue is $122.3B. The deceleration marks a shift from historical growth rates.
What is WFC's long-term revenue growth rate?
Wells Fargo & Company's 5-year revenue CAGR of +3.5% reflects the variable expansion pattern. Current YoY growth of +0.7% is near this long-term average.
How is WFC's revenue distributed by segment?
WFC reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2013-2024 are available for download. Segment mix reveals concentration and diversification trends.