Wells Fargo Revenue from Mortgage Banking

Mortgage Banking Revenue of Wells fargo 2007-2021

Amounts are in $millions.

YearMortgage Banking ($m) 
2021$4,956
2020$3,493
2019$2,715
2018$2,666
2017$4,350 
2016$6,096 
2015$6,501 
2014$6,381
2013$8,774  
2012$11,638 
2011$7,832 
2010$9,737  
2009$12,028 
2008$2,525
2007$3,133

2021: Wells Fargo generated $4,956 million in revenue from Mortgage banking in 2021 compared to $3,493 million in 2020. The company experienced 42% increase in its mortgage banking revenue in 2021 compared to the prior year.  The total net revenue of the company in 2021 increased to $78,492 million in 2021 consisting of $35,779 million in net interest income and $42,713 million in non interest income. The total revenue of the company increased by 6% in 2021 compared to 2020.

2018: Mortgage banking income of Wells Fargo, consisting of net servicing income and net gains on loan origination/sales activities, totaled $2.7 billion in 2018, compared with $4.4 billion in 2017 and $6.1 billion in 2016.