Wells Fargo & Company operates in the National commercial banks sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Wells Fargo & Company with three other
companies in this sector in the United States:
Bank of America Corporation
(2018
sales of $110.62 billion
of which 34%
was Consumer Banking),
Citigroup Inc.
($97.00 billion
of which 38%
was Institutional Clients Group), and
JPMorgan Chase & Co.
($131.41 billion
of which 40%
was Consumer & Business Banking).
Sales Analysis.
Wells Fargo & Company reported sales of $101.06 billion
for the
year ending
December of 2018.
This
represents
an
increase of 3.4%
versus 2017, when the company's sales were $97.74 billion.
Sales at Wells Fargo & Company have increased during each of the previous five years
(and since 2013, sales have increased a total of 15%).
Sales of Wholesale Banking saw an increase
of
2.2% in 2018, from
$28.15 billion to $28.76 billion.
Not all segments of Wells Fargo & Company experienced an increase in sales in 2018:
sales of Wealth and Investment Management fell 3.2% to $16.38 billion.
Wells Fargo & Company also experienced decreases in sales in
Community Banking (down 2.2% to $45.13 billion)
.