Wells Fargo & Co (NYSE: WFC) is a financial holding company and bank holding company that provides banking, lending, and financial services through its principal subsidiary, Wells Fargo Bank, N.A. It makes money primarily through net interest income on loans and deposits, and fee-based income across its banking and financial services operations. At December 31, 2025, Wells Fargo was the fourth largest bank holding company in the United States by assets, with approximately $2.1 trillion in total assets, $986.2 billion in loans, $1.4 trillion in deposits, and $181.1 billion in stockholders' equity. Wells Fargo Bank, N.A. accounted for $1.8 trillion, or 85%, of the Company's consolidated assets as of December 31, 2025. The company is incorporated in Delaware and registered on the New York Stock Exchange.

Revenue model

Net interest income earned on $986.2 billion in loans funded by $1.4 trillion in deposits (as of December 31, 2025), supplemented by fee-based income from financial services across its banking subsidiaries.

Products and services

Banking and financial services delivered through Wells Fargo Bank, N.A., the company's principal subsidiary, which held $1.8 trillion in assets as of December 31, 2025.

Customers and end markets

The filing excerpts describe Wells Fargo as serving financial services customers broadly; specific customer segments or end market breakdowns are not detailed in the provided excerpts.

Value-chain role

Deposit-taking and lending intermediary; financial holding company with a principal bank subsidiary that originates and holds loans funded by customer deposits.

Geographic exposure

United States-based operations; incorporated in Delaware. Geographic revenue or asset breakdowns beyond domestic operations are not supported by the provided filing excerpts.

Source: SEC 10-K, filed 2026-02-24

Industry: National Commercial Banks Peers: Bank of America Corp JPMorgan Chase & Co Citigroup Inc US Bancorp