WFCWells Fargo & Company

Business Overview Wells Fargo & Company is a U.S. banking and financial services firm that offers consumer and small business banking, mortgage and auto lending, commercial banking, capital markets, and wealth/investment management. It primarily earns revenue from net interest income (interest on loans and securities minus funding costs) and noninterest income (fees from services like advisory, investment management, payments, card, and mortgage-related activities). Market Position Wells Fargo is one of the largest U.S. banking franchises with a broad national footprint and a diversified mix across consumer, commercial, and wealth businesses. Differentiators typically include scale in U.S. retail banking, an integrated commercial-to-capital-markets platform, and large distribution via branches and digital channels. Key Segments The company reports four operating segments: Consumer Banking and Lending, Commercial Banking, Corporate & Investment Banking, and Wealth & Investment Management.