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.

United States 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. United States 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. United States 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.

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.

United States 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. United States 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. United States 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.

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.

JPMorgan Chase was the leading bank in the United States as of December 2024, with its market share of total assets amounting to 14.31 percent. This means that the value of assets of JPMorgan Chase was equivalent to 14.31 percent of the total value of assets of all FDIC-insured institutions in the United States. Bank of America and Wells Fargo followed, with 10.71 and 7.06 percent of the total banking assets, respectively. The value of JPMorgan Chase's total assets exceeded 3.4 trillion U.S. dollars in 2024. JPMorgan Chase: an industry leader in U.S. banking JPMorgan Chase is undoubtedly one of the leading financial services companies in the United States. It does not only rank first in terms of market share of total assets, but it also has the largest market capitalization and value of total and domestic deposits. The New York-based banking giant is also among the largest banks globally. In terms of assets, JPMorgan Chased ranked fifth in 2023, with only four Chinese banks having had higher amounts of assets. Bank failures in the U.S. The failures of Silicon Valley Bank (SVB) and Signature Bank in March 2023 marked the first bank failures in the U.S. since 2021. The total assets lost in the failure of these two banks amounted to 319.4 billion U.S. dollars. In comparison, the total assets of the 371 U.S. bank failures between 2010 and 2022 amounted to 168 billion U.S. dollars. Both SVB and Signature Bank had a disproportionately low share of deposits of less than 250,000 U.S. dollars in the fourth quarter of 2022 (2.7 percent and 6.2 percent, respectively), which meant that the majority of deposits held at these banks were not secured by the FDIC.

************** was the leading bank in the United States as of December 2024, with its market share of total assets amounting to ***** percent. This means that the value of assets of ************** was equivalent to ***** percent of the total value of assets of all FDIC-insured institutions in the United States. Bank of America and Wells Fargo followed, with ***** and **** percent of the total banking assets, respectively. The value of JPMorgan Chase's total assets exceeded *** trillion U.S. dollars in 2024. JPMorgan Chase: an industry leader in U.S. banking JPMorgan Chase is undoubtedly one of the leading financial services companies in the United States. It does not only rank first in terms of market share of total assets, but it also has the largest market capitalization and value of total and domestic deposits. The New York-based banking giant is also among the largest banks globally. In terms of assets, JPMorgan Chased ranked fifth in 2023, with only four Chinese banks having had higher amounts of assets. Bank failures in the U.S. The failures of Silicon Valley Bank (SVB) and Signature Bank in March 2023 marked the first bank failures in the U.S. since 2021. The total assets lost in the failure of these two banks amounted to ***** billion U.S. dollars. In comparison, the total assets of the *** U.S. bank failures between 2010 and 2022 amounted to *** billion U.S. dollars. Both SVB and Signature Bank had a disproportionately low share of deposits of less than ******* U.S. dollars in the fourth quarter of 2022 (*** percent and *** percent, respectively), which meant that the majority of deposits held at these banks were not secured by the FDIC.

United States 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. United States 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. United States 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.

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.

United States 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. United States 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. United States 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.

The US commercial banking market, a significant component of the broader global landscape, is projected to experience steady growth over the forecast period (2025-2033). With a 2025 market size estimated at $700.55 billion (based on the provided global figure and assuming a significant US market share), the sector benefits from a robust and diverse economy. Key drivers include increasing demand for commercial lending to support small and medium-sized enterprises (SMEs) and larger corporations, alongside the expanding need for treasury management solutions and sophisticated financial instruments. Technological advancements, including the adoption of fintech solutions and digital banking platforms, are transforming the sector, enhancing efficiency and customer experience. However, regulatory scrutiny, economic uncertainty, and potential interest rate fluctuations represent potential restraints on growth. The market is segmented by product (commercial lending, treasury management, syndicated loans, capital markets, and other products) and function (deposit acceptance, loan advancement, credit creation, foreign trade financing, agency services, and other functions). Major players such as JPMorgan Chase, Bank of America, Wells Fargo, and Citibank hold significant market share, leveraging their extensive networks and established client bases. The competitive landscape remains dynamic, with smaller institutions and fintech companies vying for market share through innovative offerings and specialized services. Future growth is expected to be driven by strategic partnerships, mergers and acquisitions, and continued technological innovation. The substantial growth observed in recent years is likely to continue, albeit at a moderated pace. The 4.56% CAGR projected for the global market suggests a similar, albeit potentially slightly higher, growth rate for the US. This is attributable to the continuing economic activity and the ever-increasing financial needs of businesses across all sizes and sectors. The strong presence of major banking institutions in the US further contributes to market stability and growth potential. While regulatory changes and economic shifts might introduce short-term volatility, the long-term outlook for the US commercial banking sector remains positive, driven by fundamental economic trends and technological evolution within the financial services sector. Further segmentation analysis at the regional level within the US (e.g., Northeast, Southeast, West Coast) would provide a more granular understanding of market dynamics and growth opportunities. Recent developments include: July 2023: Citi unveiled its trade and working capital eLoans, a financial solution tailored to address immediate and future working capital needs. Citi eLoans, emphasizing simplicity and security, aims to empower eligible clients with the necessary liquidity to sustain their commercial operations.May 2023: JPMorgan Chase made a significant move by acquiring the lion's share of assets, along with deposits and select liabilities, from First Republic Bank in a transaction facilitated by the Federal Deposit Insurance Corporation (FDIC). This acquisition contained First Republic Bank's assets, boasting a loan portfolio of around USD 173 billion and securities valued at approximately USD 30 billion.. Key drivers for this market are: Economic Growth is Driving the Market. Potential restraints include: Economic Growth is Driving the Market. Notable trends are: Increased Digitalization in the Commercial Banking Market.

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 Commercial Banking industry’s performance was mixed during the current period, which included both the postpandemic recovery and a strong economy amid high interest rates. At the onset of the period, volatile economic conditions created domestic and global dollar funding pressures, creating havoc in the Treasuries market and causing the Fed to act as a dealer of last resort by flooding the international and domestic dollar funding markets with liquidity. The Fed set interest rates to near zero in March 2020 to stimulate the economy; despite this, weak economic performance in 2020 limited demand for bank lending and investment, causing industry revenue to decline. In 2022, the Fed began increasing interest rates to curb historically high inflation. Commercial Banks benefited from the higher rates, which resulted in greater interest income for the industry and contributed to double-digit revenue growth in 2022 and 2023. However, as inflation receded, the Fed cut interest rates in 2024 and is anticipated to cut rates further in 2025 to provide a boost to the economy. Overall, industry revenue has been growing at a CAGR of 7.2% to $1,418.0 billion over the past five years, including an expected decrease of 3.7% in 2025 alone. During the outlook period, industry revenue is forecast to shrink at a CAGR of 1.3% to $1,328.5 billion through the end of 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.

United States 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. United States 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. United States 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.

United States 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. United States 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. United States 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.

*********** 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.

United States WFC: Net Income Due to Bank data was reported at 3,341,000.000 USD th in Dec 2019. This records a decrease from the previous number of 4,264,000.000 USD th for Sep 2019. United States WFC: Net Income Due to Bank data is updated quarterly, averaging 2,964,000.000 USD th from Dec 2000 (Median) to Dec 2019, with 77 observations. The data reached an all-time high of 11,965,000.000 USD th in Sep 2012 and a record low of -794,112.000 USD th in Dec 2008. United States WFC: Net Income Due to Bank 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.

United States 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. United States 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. United States 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: TA: Trading Account Assets data was reported at 61,182,000.000 USD th in Dec 2019. This records an increase from the previous number of 56,501,000.000 USD th for Sep 2019. WFC: TA: Trading Account Assets data is updated quarterly, averaging 30,824,000.000 USD th from Dec 2000 (Median) to Dec 2019, with 77 observations. The data reached an all-time high of 61,182,000.000 USD th in Dec 2019 and a record low of 2,681,000.000 USD th in Jun 2001. WFC: TA: Trading Account 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.

United States 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. United States 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. United States 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.