Direct Answer
Wells Fargo reports revenue across 4 business segments in its fiscal 2025 Form 10-K. Consumer Banking and Lending is the largest, with $37.4 billion of revenue (45% of the total), followed by Corporate and Investment Banking at $19.2 billion (23%).
How Does Wells Fargo Make Money?
No single line supplies a majority of revenue: the largest, Consumer Banking and Lending, is 45%, which spreads Wells Fargo's exposure across several demand drivers. Between fiscal 2024 and 2025, Wealth and Investment Management grew fastest (+5.8%) and Commercial Banking slowest (-6.3%), so the revenue mix tilts toward Wealth and Investment Management while that gap lasts.
| Segment | FY2025 revenue | FY2024 revenue | Share of revenue | Change |
|---|---|---|---|---|
| Consumer Banking and Lending | $37.4 billion | $36.2 billion | 44.6% | 3.2% |
| Corporate and Investment Banking | $19.2 billion | $19.3 billion | 23.0% | -0.6% |
| Wealth and Investment Management | $16.3 billion | $15.4 billion | 19.5% | 5.8% |
| Commercial Banking | $12.0 billion | $12.8 billion | 14.3% | -6.3% |
What the Segment Figures Do Not Show
The rows above add up to 101% of Wells Fargo's reported revenue for fiscal 2025; the difference is intersegment eliminations, corporate revenue or items the company reports outside its segments. Segment definitions are management's choice and change when a company reorganizes, in which case it restates prior years in the next filing, so a multi-year comparison should use the figures from a single filing. Revenue shows where sales come from, not where profit or cash is earned: a small segment can carry most of the margin.
Where These Numbers Come From
Every figure on this page is a value Wells Fargo reported in the segment note and revenue disclosures of its Form 10-K filed February 24, 2026 (accession 0000072971-26-000133), read from the SEC's Financial Statement Data Sets. The prior-year column is the comparative figure from that same filing, so it reflects any restatement for a change in segments. Category names are the company's own XBRL labels, lightly reformatted for reading.
Rows that only total other rows (for example a "Products" line beside the individual products) are left out so nothing is counted twice. This page is educational and describes reported history for fiscal 2025; it is not a forecast or a recommendation.
Frequently Asked Questions
What are Wells Fargo's business segments?
In its fiscal 2025 Form 10-K, Wells Fargo reports revenue for Consumer Banking and Lending, Corporate and Investment Banking, Wealth and Investment Management and Commercial Banking.
Which part of Wells Fargo brings in the most revenue?
Consumer Banking and Lending, with $37.4 billion of revenue in fiscal 2025, or 45% of the total.
Where does Wells Fargo report its segment results?
In the segment note to the financial statements in its Form 10-K, most recently filed February 24, 2026, alongside management's discussion of each segment's results.