Sun
22
Feb
Wells Fargo
The company recorded revenues of $39,390 million during the fiscal year ended December 2007, an increase of 10.4% over 2006.
Wells Fargo generates revenues through three business divisions: community banking (64.8% of the total revenues during fiscal year 2007), wholesale banking (21.2%) and Wells Fargo Financial (14%).
Revenues by Division
During the fiscal year 2007, the community banking division recorded revenues of $25,538 million, an increase of 10.9% over 2006.
The wholesale banking division recorded revenues of $8,341 million in fiscal year 2007, an increase of 15.3% over 2006.
Wells Fargo Financial division recorded revenues of $5,511 million in fiscal year 2007, an increase of 1.6% over 2006.
Tags: Wells Fargo, Revenue AnalysisAuthor:
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Sunday, February 22nd, 2009 at 6:12 pm
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