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 UNITED STATES : Bank of America Corporation (2019 sales of $113.61 billion of which 34% was Consumer Banking), JPMorgan Chase & Co. ($142.42 billion of which 39% was Consumer & Business Banking), and Citigroup Inc. ($103.48 billion of which 38% was Institutional Clients Group).

Sales Analysis. Wells Fargo & Company reported sales of $103.92 billion for the year ending December of 2019. This represents an increase of 2.8% versus 2018, when the company's sales were $101.06 billion. Sales at Wells Fargo & Company have increased during each of the previous five years (and since 2014, sales have increased a total of 18%). Sales of Wealth and Investment Management saw an increase that was more than double the company's growth rate: sales were up 5.8% in 2019, from $16.38 billion to $17.34 billion. Not all segments of Wells Fargo & Company experienced an increase in sales in 2019: sales of Wholesale Banking fell 5.1% to $27.30 billion. Wells Fargo & Company also experienced decreases in sales in Community Banking (down 4.7% to $43.00 billion) .