Bank of America vs Wells Fargo BAC vs WFC

Bank of America and Wells Fargo 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.

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BACWFC

Often compared:+ JPM

What differs most

generated from the numbers below

Market value: Bank of America $358.24B, Wells Fargo $253.62B.

Price return

2025-10-16 → 2026-10-16

BAC+1.6%

WFC−0.2%

Prices at the close on 2026-10-16

$51.23

$83.87

Profile

latest

Sector

Financial Services

Industry

Banks - Diversified

Market value

$358.24B

$253.62B

Enterprise value

$468.36B

$259.47B

Employees

211,000

197,466

Revenue per employee (TTM)

$574K

—

Our models

nightlythe valuation on each stock's page

Price vs model

1% overvalued vs model

6% undervalued vs model

Model range

$44.51–59.34

$77.82–104

Models in the headline

FCF growth priced in, at a 10% return

20.1%

—

Every model, its assumptions and its range: BAC valuation · WFC valuation. The growth priced in, at any return: BAC reverse DCF · WFC reverse DCF.

Trading

close 2026-10-16

Last close

$51.23

$83.87

52-week high

$64.81

$96.39

52-week low

$46.72

$73.42

Price vs 52-week high

−21.0%

−13.0%

Price vs 52-week low

+9.7%

+14.2%

Average daily volume / shares

0.5%

Beta

1.21

0.95

Returns

to 2026-10-16

1 month

−11.5%

−3.7%

3 months

−16.7%

−4.8%

6 months

−4.3%

+3.2%

Year to date

−6.9%

−10.0%

1 year

+1.6%

−0.2%

1 year, dividends added

+3.9%

+2.0%

2 years

+19.7%

+31.3%

Valuation

price × TTM to Jun 2026

P/E (TTM)

11.8×

12.2×

P/E on consensus EPS (next FY)

11.4×

Price / sales

3.0×

—

EV / sales

3.9×

—

EV / EBITDA

—

Price / book

1.2×

1.4×

Price / free cash flow (FY)

—

Free-cash-flow yield (FY)

—

Growth

TTM and FY2025

Revenue growth (TTM)

—

Revenue growth, consensus next FY

+8.9%

—

Revenue, 3-year CAGR

6.0%

—

Revenue, 5-year CAGR

5.7%

—

EPS growth (TTM)

—

EPS growth, consensus next FY

+18.3%

+17.1%

EPS, 3-year CAGR

6.1%

25.9%

Free cash flow, 3-year CAGR

—

Diluted shares, 3-year change

−6.0%

−15.5%

Profitability

TTM to Jun 2026

Gross margin (FY)†

56.1%

64.8%

Operating margin

—

EBITDA margin

—

Net margin

27.8%

—

Free-cash-flow margin (FY)

—

Return on equity

11.2%

12.5%

Return on assets

1.0%

Asset turnover

0.03

—

† 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 Jun 2026

Cash

$229.75B

$201.46B

Total debt

$339.86B

$207.31B

Net debt

$110.12B

$5.85B

Debt / equity

1.1×

1.2×

Net debt / EBITDA (TTM)

—

Interest coverage (FY)

0.5×

0.6×

Current ratio (FY)

0.42

0.29

Dividends

trailing 12 months

Dividend yield

2.3%

2.2%

Dividends per share

$1.16

$1.85

Payout ratio (of TTM EPS)

26.7%

26.9%

Dividend per share, 5-year CAGR

9.1%

29.9%

Frequency

Quarterly

Ownership and activity

last 90 days · latest 13F

Tracked superinvestors holding (13F)

Insider open-market buys (Form 4)

Insider sales (Form 4)

Analyst upgrades

Analyst downgrades

Statements

income TTM to Jun 2026 · cash flow FY2025

Revenue

$121.10B

—

EBITDA

—

Operating income

—

Net income

$33.66B

$22.61B

EPS (diluted)

$4.34

$6.87

Operating cash flow

$12.61B

−$19.00B

Capital expenditure

—

Free cash flow

—

Dividends paid

—

$5.43B

Keep comparing

the matchups people search for

Bank of America against

BAC vs JPM

Wells Fargo against

JPM vs WFC

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Statements from the companies' SEC filings; 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.