You are a financial manager of a major U.S.-based financial institution of your choosing. Go to the company's Web site (e.g., JPMorgan Chase, Wells Fargo, U.S. Bancorp). Pull its 2 most recent annual...

Wells Fargo – Financial Report
Balance Sheet
Analysis
Total Assets: As per the above analysis, we can observe that the total assets as on 31st December 2019 at $1927555 millions have increased significantly from $1895833 million as on 31st December 2018. This was an increase of 1.67%. The increase in total asset was mainly due to increase in the debt securities, mortgage loans, loans which were provided by Wells Fargo to its customers. Also, there was increase in the premises and equipments, derivative assets and equity securities observed in the balance sheet of Wells Fargo in 2019. All these resulted in the increase in the total assets of Well Fargo. Thus, it can be stated that Wells Fargo’s total assets has increased due to increase in the advances against which it is expected to get return in the form of interests from the customers. Also, it was observed that premises and equipment was increase which can be used to generate more production for Wells Fargo in future. This is a positive sign for the company.
Total Liabilities: Total liabilities of the company have also increased from $1698817 in 2018 to $1739571 in 2019. It was an increase of 2.40% observed in the total liabilities of Wells Fargo. The increase in liabilities was basically due to the increase in the interest bearing deposits which are invested by the investors in Wells Fargo. Also, it was observed that the derivative liabilities and the accrued expenses and other liabilities have also increased for Wells Fargo resulting in the increase in the total liability in 2019. But, the increase in liabilities was basically due to investment from the customers and investors in...