The total deposit of Wells Fargo increased steadily between 2007 and 2024, despite a downward trend in recent years. In 2024, the value of deposits held by Wells Fargo amounted to over 1.37 trillion U.S. dollars, marking a slight increase compared to the previous year.

The quarterly value of total deposit at Wells Fargo increased overall between 2018 and 2025, despite some fluctuations. Starting at 1.07 trillion U.S. dollars in the fourth quarter of 2013, it amounted to approximately 1.34 trillion U.S. dollars in the second quarter of 2025. Despite the overall increase, it was still lower than the peak value observed in the fourth quarter of 2021, at around 1.48 trillion U.S. dollars.

WFC: LC: TL: Total Deposits (DE) data was reported at 1,382,138,000.000 USD th in Dec 2019. This records an increase from the previous number of 1,368,515,000.000 USD th for Sep 2019. WFC: LC: TL: Total Deposits (DE) data is updated quarterly, averaging 811,027,000.000 USD th from Dec 2000 (Median) to Dec 2019, with 77 observations. The data reached an all-time high of 1,388,999,000.000 USD th in Dec 2017 and a record low of 70,607,000.000 USD th in Dec 2000. WFC: LC: TL: Total Deposits (DE) data remains active status in CEIC and is reported by Federal Deposit Insurance Corporation. The data is categorized under Global Database’s United States – Table US.KB056: Financial Data: Federal Deposit Insurance Corporation: Wells Fargo.

As of March 2025, JPMorgan Chase had the highest value of deposits across all FDIC-insured institutions in the United States. JPMorgan Chase's value of deposits amounted to roughly *** trillion U.S. dollars, which was followed by Bank of America, with deposits just above *** trllion U.S. dollars. Wells Fargo and Citibank followed, both with deposits well over *** trillion U.S. dollars.

WFC: LC: EC: Total Bank Equity Capital (BE) data was reported at 167,346,000.000 USD th in Dec 2019. This records a decrease from the previous number of 167,567,000.000 USD th for Sep 2019. WFC: LC: EC: Total Bank Equity Capital (BE) data is updated quarterly, averaging 122,663,000.000 USD th from Dec 2000 (Median) to Dec 2019, with 77 observations. The data reached an all-time high of 168,759,000.000 USD th in Jun 2019 and a record low of 13,738,000.000 USD th in Dec 2000. WFC: LC: EC: Total Bank Equity Capital (BE) data remains active status in CEIC and is reported by Federal Deposit Insurance Corporation. The data is categorized under Global Database’s United States – Table US.KB056: Financial Data: Federal Deposit Insurance Corporation: Wells Fargo. There was a huge consolidation of CALL report types in 2001. They went from four different CALL form types to two CALL form types. Great efforts were put in place to reconcile past time periods, but as there were a great deal of changes some data collection changes don’t allow complete reconciliation.

Wells Fargo (WFC): Total Assets (TA) data was reported at 1,712,919,000.000 USD th in Dec 2019. This records an increase from the previous number of 1,708,548,000.000 USD th for Sep 2019. Wells Fargo (WFC): Total Assets (TA) data is updated quarterly, averaging 1,070,489,000.000 USD th from Dec 2000 (Median) to Dec 2019, with 77 observations. The data reached an all-time high of 1,749,220,000.000 USD th in Mar 2017 and a record low of 115,539,000.000 USD th in Dec 2000. Wells Fargo (WFC): Total Assets (TA) data remains active status in CEIC and is reported by Federal Deposit Insurance Corporation. The data is categorized under Global Database’s United States – Table US.KB056: Financial Data: Federal Deposit Insurance Corporation: Wells Fargo.

WFC: Memo: Total Risk Weighted Assets data was reported at 1,110,378,710.000 USD th in Dec 2019. This records a decrease from the previous number of 1,149,335,000.000 USD th for Sep 2019. WFC: Memo: Total Risk Weighted Assets data is updated quarterly, averaging 883,363,700.000 USD th from Dec 2000 (Median) to Dec 2019, with 77 observations. The data reached an all-time high of 1,222,920,160.000 USD th in Dec 2016 and a record low of 96,133,349.000 USD th in Dec 2000. WFC: Memo: Total Risk Weighted Assets data remains active status in CEIC and is reported by Federal Deposit Insurance Corporation. The data is categorized under Global Database’s United States – Table US.KB056: Financial Data: Federal Deposit Insurance Corporation: Wells Fargo.

WFC: Memo: Total Unused Commitments data was reported at 584,148,000.000 USD th in Dec 2019. This records an increase from the previous number of 582,202,000.000 USD th for Sep 2019. WFC: Memo: Total Unused Commitments data is updated quarterly, averaging 322,448,000.000 USD th from Dec 2000 (Median) to Dec 2019, with 77 observations. The data reached an all-time high of 604,085,000.000 USD th in Jun 2019 and a record low of 44,900,000.000 USD th in Dec 2000. WFC: Memo: Total Unused Commitments data remains active status in CEIC and is reported by Federal Deposit Insurance Corporation. The data is categorized under Global Database’s United States – Table US.KB056: Financial Data: Federal Deposit Insurance Corporation: Wells Fargo.

WFC: LC: Total Equity Capital (EC) data was reported at 167,393,000.000 USD th in Dec 2019. This records a decrease from the previous number of 167,888,000.000 USD th for Sep 2019. WFC: LC: Total Equity Capital (EC) data is updated quarterly, averaging 123,970,000.000 USD th from Dec 2000 (Median) to Dec 2019, with 77 observations. The data reached an all-time high of 169,078,000.000 USD th in Jun 2019 and a record low of 13,738,000.000 USD th in Dec 2000. WFC: LC: Total Equity Capital (EC) data remains active status in CEIC and is reported by Federal Deposit Insurance Corporation. The data is categorized under Global Database’s United States – Table US.KB056: Financial Data: Federal Deposit Insurance Corporation: Wells Fargo.

In 2024, JPMorgan Chase was the commercial bank with the highest revenue in the United States, with a total revenue of over 177 billion U.S. dollars. Bank of America and Wells Fargo followed, with 101.9 and 82.3 billion U.S. dollars, respectively. These three banks were also the largest banks in terms of total assets in the United States that year. Commercial banking A commercial bank is a bank that offers financial services to private customers and companies, such as accepting deposits, checking services or loans. Commercial banks earn money through interest rates on the loans that they offer. Such rates are significantly higher than the interest rates paid to the bank customers for depositing their assets in a bank. This difference in rates is called net interest income, which is one of the leading indicators of bank performance. Commercial vs investment banks Some banks specialize only in commercial or investment banking, while some banks combine both divisions in their operations. Investment banks specialize in managing assets of their clients, underwriting securities or supervising merger and acquisition transactions.

WFC: Total Liabilities & Capital (LC) data was reported at 1,712,919,000.000 USD th in Dec 2019. This records an increase from the previous number of 1,708,548,000.000 USD th for Sep 2019. WFC: Total Liabilities & Capital (LC) data is updated quarterly, averaging 1,070,489,000.000 USD th from Dec 2000 (Median) to Dec 2019, with 77 observations. The data reached an all-time high of 1,749,220,000.000 USD th in Mar 2017 and a record low of 115,539,000.000 USD th in Dec 2000. WFC: Total Liabilities & Capital (LC) data remains active status in CEIC and is reported by Federal Deposit Insurance Corporation. The data is categorized under Global Database’s United States – Table US.KB056: Financial Data: Federal Deposit Insurance Corporation: Wells Fargo.

*********** received the highest customer satisfaction score among the largest banks in the United States as of 2024, with a score reaching *** points out of 1,000. JPMorgan Chase, the largest U.S. bank, ranked second, and TD Bank and U.S. Bank followed, both above the industry average. Wells Fargo, Bank of America, and Citigroup received the lowest scores. Most important factors for bank customers worldwide According to a survey conducted by Statista among more than ****** bank customers across ** nations worldwide, trust is the most important factor when customers think about their banks. More than half of all respondents highlighted trust as the most important factor. Banks seem to understand this and put focus on increasing their trustworthiness, which can be seen by the high level of customer satisfaction with the trustworthiness of their banks. More in-depth information can be found Statista's global bank customer satisfaction survey. Largest banks in the U.S. There are several aspects to consider when determining the largest banks in the United States, but JPMorgan Chase consistently stands out as a leader. Across key financial metrics, such assets, market capitalization, market share, deposits, revenue, and net income, JPMorgan Chase tops the list. CET1 ratio and total capital ratio seem to be two of the few key performance indicators where JPMorgan Chase did not rank first in 2024.

WFC: LC: Total Liabilities (TL) data was reported at 1,545,526,000.000 USD th in Dec 2019. This records an increase from the previous number of 1,540,660,000.000 USD th for Sep 2019. WFC: LC: Total Liabilities (TL) data is updated quarterly, averaging 946,519,000.000 USD th from Dec 2000 (Median) to Dec 2019, with 77 observations. The data reached an all-time high of 1,592,030,000.000 USD th in Mar 2017 and a record low of 101,801,000.000 USD th in Dec 2000. WFC: LC: Total Liabilities (TL) data remains active status in CEIC and is reported by Federal Deposit Insurance Corporation. The data is categorized under Global Database’s United States – Table US.KB056: Financial Data: Federal Deposit Insurance Corporation: Wells Fargo.

Commercial Banks generate most of their revenue through loans to customers and businesses. Loans are set at interest rates that are influenced by different factors, including the federal funds rate (FFR), the prime rate, debtors' creditworthiness and overall macroeconomic performance. The industry experienced growth due to a strong economy and elevated interest rates, which drove up interest income on loans, boosting profitability. However, loan volumes were limited as borrowing costs climbed for individuals. Elevated interest rates have negatively impacted the residential housing market and as a result, limited residential real estate loans. The value of residential construction and housing starts slumped over the past five years. In addition, the house price index increased, which raised home prices, requiring individuals to take out larger real estate loans to purchase homes. Commercial banks experienced greater interest income on these loans, contributing to revenue growth. Interest rates were slashed in 2024 and 2025 and are anticipated to be cut again, which will reduce borrowing costs, drive up loan volume demand, but hinder interest income on loans. Overall, industry revenue has grown at a CAGR of 9.4% to $1,571.4 billion over the past years, including an expected increase of 2.1% in 2025 alone. In addition, industry profit has climbed significantly during the same period and will comprise 54.6% of revenue in the same year. During the outlook period, industry revenue is forecast to expand at a CAGR of 1.1% to $1,661.6 billion over the five years to 2030. Further interest rate cuts would lower interest income for the industry, hampering profit. In a lower interest rate environment, commercial banks would likely encounter rising loan demand but experience reduced investment income from fixed-income securities. In addition, the acquisition of financial technology start-ups to compete will increase as the industry continues to evolve.

WFC: Total Interest Expense data was reported at 2,875,000.000 USD th in Dec 2019. This records a decrease from the previous number of 3,248,000.000 USD th for Sep 2019. WFC: Total Interest Expense data is updated quarterly, averaging 925,000.000 USD th from Dec 2000 (Median) to Dec 2019, with 77 observations. The data reached an all-time high of 3,790,000.000 USD th in Jun 2008 and a record low of 252,427.000 USD th in Dec 2003. WFC: Total Interest Expense data remains active status in CEIC and is reported by Federal Deposit Insurance Corporation. The data is categorized under Global Database’s United States – Table US.KB056: Financial Data: Federal Deposit Insurance Corporation: Wells Fargo.

WFC: Total Noninterest Income (NI) data was reported at 6,092,000.000 USD th in Dec 2019. This records a decrease from the previous number of 6,835,000.000 USD th for Sep 2019. WFC: Total Noninterest Income (NI) data is updated quarterly, averaging 6,245,000.000 USD th from Dec 2000 (Median) to Dec 2019, with 77 observations. The data reached an all-time high of 23,713,000.000 USD th in Dec 2009 and a record low of 1,068,000.000 USD th in Jun 2001. WFC: Total Noninterest Income (NI) data remains active status in CEIC and is reported by Federal Deposit Insurance Corporation. The data is categorized under Global Database’s United States – Table US.KB056: Financial Data: Federal Deposit Insurance Corporation: Wells Fargo.

WFC: TA: All Other data was reported at 62,670,000.000 USD th in Dec 2019. This records a decrease from the previous number of 63,348,000.000 USD th for Sep 2019. WFC: TA: All Other data is updated quarterly, averaging 53,646,000.000 USD th from Dec 2000 (Median) to Dec 2019, with 77 observations. The data reached an all-time high of 78,768,000.000 USD th in Dec 2016 and a record low of 6,958,000.000 USD th in Jun 2003. WFC: TA: All Other data remains active status in CEIC and is reported by Federal Deposit Insurance Corporation. The data is categorized under Global Database’s United States – Table US.KB056: Financial Data: Federal Deposit Insurance Corporation: Wells Fargo.

WFC: Total Noninterest Expense (NE) data was reported at 12,726,000.000 USD th in Dec 2019. This records an increase from the previous number of 12,361,000.000 USD th for Sep 2019. WFC: Total Noninterest Expense (NE) data is updated quarterly, averaging 9,209,000.000 USD th from Dec 2000 (Median) to Dec 2019, with 77 observations. The data reached an all-time high of 28,830,000.000 USD th in Sep 2012 and a record low of 1,385,000.000 USD th in Jun 2002. WFC: Total Noninterest Expense (NE) data remains active status in CEIC and is reported by Federal Deposit Insurance Corporation. The data is categorized under Global Database’s United States – Table US.KB056: Financial Data: Federal Deposit Insurance Corporation: Wells Fargo.

WFC: TA: Bank Premises & Fixed Assets data was reported at 11,822,000.000 USD th in Dec 2019. This records a decrease from the previous number of 11,921,000.000 USD th for Sep 2019. WFC: TA: Bank Premises & Fixed Assets data is updated quarterly, averaging 7,483,000.000 USD th from Dec 2000 (Median) to Dec 2019, with 77 observations. The data reached an all-time high of 12,085,000.000 USD th in Mar 2019 and a record low of 1,515,000.000 USD th in Sep 2003. WFC: TA: Bank Premises & Fixed Assets data remains active status in CEIC and is reported by Federal Deposit Insurance Corporation. The data is categorized under Global Database’s United States – Table US.KB056: Financial Data: Federal Deposit Insurance Corporation: Wells Fargo.

WFC: Memo: LI: Separate Account data was reported at 12,998,000.000 USD th in Dec 2019. This records an increase from the previous number of 12,930,000.000 USD th for Sep 2019. WFC: Memo: LI: Separate Account data is updated quarterly, averaging 12,763,000.000 USD th from Mar 2011 (Median) to Dec 2019, with 36 observations. The data reached an all-time high of 14,523,000.000 USD th in Sep 2012 and a record low of 12,604,000.000 USD th in Dec 2016. WFC: Memo: LI: Separate Account data remains active status in CEIC and is reported by Federal Deposit Insurance Corporation. The data is categorized under Global Database’s United States – Table US.KB056: Financial Data: Federal Deposit Insurance Corporation: Wells Fargo.