Wells Fargo Revenue from Mortgage Banking
Mortgage Banking Revenue of Wells fargo 2007-2021
Amounts are in $millions.
| Year | Mortgage Banking ($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.