Bank of America vs JPMorgan Chase BAC vs JPM
Bank of America and JPMorgan Chase on one sheet: valuation multiples, growth, margins, debt, dividends and returns, each section labelled with the period it covers, from the companies' filings. Add or remove a stock above the sheet; the link holds the set.
What differs most
- Debt / equity: JPMorgan Chase 3.3×, Bank of America 1.3×.
- Market value: JPMorgan Chase $887.94B, Bank of America $349.73B.
- Price / sales: JPMorgan Chase 2.9×, Bank of America 1.8×.
- Return on equity: JPMorgan Chase 17.7%, Bank of America 10.8%.
Price return
2025-10-26 → 2026-10-26
BAC−3.9%
JPM+11.2%
Profile
latestSector
Financial Services
Financial Services
Industry
Banks - Diversified
Banks - Diversified
Market value
$349.73B
$887.94B
Enterprise value
$703.74B
$1.80T
Employees
209,911
320,560
Revenue per employee (TTM)
$928K
$940K
Our models
nightlythe valuation on each stock's pagePrice vs model
1% undervalued vs model
9% overvalued vs model
Model range
$44.51–59.34
$267–356
Models in the headline
1
1
FCF growth priced in, at a 10% return
—
—
Every model, its assumptions and its range: BAC valuation · JPM valuation. The growth priced in, at any return: BAC reverse DCF · JPM reverse DCF.
Trading
close 2026-10-26Last close
$50.52
$334.04
52-week high
$64.81
$365.18
52-week low
$46.72
$282.84
Price vs 52-week high
−22.0%
−8.5%
Price vs 52-week low
+8.1%
+18.1%
Average daily volume / shares
0.5%
0.3%
Beta
1.21
1.01
Returns
to 2026-10-261 month
−10.4%
−2.0%
3 months
−18.6%
−5.4%
6 months
−2.9%
+8.4%
Year to date
−8.1%
+3.7%
1 year
−3.9%
+11.2%
1 year, dividends added
−1.7%
+13.2%
2 years
+20.6%
+50.3%
Valuation
price × TTM to Sep 2026P/E (TTM)
12.1×
14.0×
P/E on consensus EPS (next FY)
11.5×
13.5×
Price / sales
1.8×
2.9×
EV / sales
3.6×
6.0×
EV / EBITDA
15.5×
19.5×
Price / book
1.2×
2.4×
Price / free cash flow (FY)
27.7×
n/m
Free-cash-flow yield (FY)
3.6%
−16.6%
Growth
TTM and FY2025Revenue growth (TTM)
—
—
Revenue growth, consensus next FY
−35.9%
−25.5%
Revenue, 3-year CAGR
18.5%
22.1%
Revenue, 5-year CAGR
15.4%
16.6%
EPS growth (TTM)
—
—
EPS growth, consensus next FY
+15.2%
+23.5%
EPS, 3-year CAGR
6.2%
18.3%
Free cash flow, 3-year CAGR
—
—
Diluted shares, 3-year change
−7.6%
−6.3%
Profitability
TTM to Sep 2026Gross margin (FY)†
56.1%
59.9%
Operating margin
22.4%
28.3%
EBITDA margin
23.3%
30.6%
Net margin
16.5%
21.9%
Free-cash-flow margin (FY)
6.6%
−52.8%
Return on equity
10.8%
17.7%
Return on assets
0.9%
1.3%
Asset turnover
0.06
0.06
† Gross margin (FY): As filed. Companies draw the cost-of-revenue line in different places, so gross margins of two companies in one industry can differ for that reason alone; operating margin does not depend on where the line is drawn.
Balance sheet
MRQ Sep 2026Cash
$26.91B
$326.27B
Total debt
$380.92B
$1.23T
Net debt
$354.01B
$908.62B
Debt / equity
1.3×
3.3×
Net debt / EBITDA (TTM)
7.8×
9.8×
Interest coverage (FY)
0.5×
0.7×
Current ratio (FY)
0.42
0.52
Dividends
trailing 12 monthsDividend yield
2.3%
1.8%
Dividends per share
$1.16
$6.15
Payout ratio (of TTM EPS)
27.7%
25.8%
Dividend per share, 5-year CAGR
9.1%
10.7%
Frequency
Quarterly
Quarterly
Ownership and activity
last 90 days · latest 13FTracked superinvestors holding (13F)
16
17
Insider open-market buys (Form 4)
$0
$0
Insider sales (Form 4)
$0
$1.8M
Analyst upgrades
1
0
Analyst downgrades
0
0
Statements
income TTM to Sep 2026 · cash flow FY2025Revenue
$194.74B
$301.33B
EBITDA
$45.42B
$92.28B
Operating income
$43.61B
$85.29B
Net income
$32.12B
$65.98B
EPS (diluted)
$4.19
$23.85
Operating cash flow
$12.61B
−$147.78B
Capital expenditure
$0
$0
Free cash flow
$12.61B
−$147.78B
Dividends paid
$9.56B
$16.63B
Keep comparing
Bank of America against
JPMorgan Chase against
Statements, prices, dividends and consensus estimates from Financial Modeling Prep; insider trades from Form 4 and holdings from 13F. Refreshed nightly. A comparison of filed numbers, not a recommendation to buy, sell or hold any security.