Wells Fargo – Revenue Analysis

Wells Fargo

The company recorded revenues of $39,390 million during the fiscal year ended December 2007, an increase of 10.4% over 2006.

Wells Fargo generates revenues through three business divisions: community banking (64.8% of the total revenues during fiscal year 2007), wholesale banking (21.2%) and Wells Fargo Financial (14%).

Revenues by Division

During the fiscal year 2007, the community banking division recorded revenues of $25,538 million, an increase of 10.9% over 2006.

The wholesale banking division recorded revenues of $8,341 million in fiscal year 2007, an increase of 15.3% over 2006.

Wells Fargo Financial division recorded revenues of $5,511 million in fiscal year 2007, an increase of 1.6% over 2006.