Bank of America vs Wells Fargo
Add, change or remove companies; up to four.
The short version
- Bank of America is the larger business, with $113.1B of revenue in fiscal 2025 against $83.7B for Wells Fargo.
- Bank of America grew revenue faster (6.8%, against 1.7%).
- Investors pay more for each dollar of Wells Fargoβs earnings: a P/E of 12.0x against 11.6x for Bank of America.
| Latest fiscal year | BAC Β· FY25 | WFC Β· FY25 |
|---|---|---|
| Size | ||
| Market cap | $388.3B | $267.1B |
| Revenue | $113.1B | $83.7B |
| Free cash flow | β | β |
| Net income | $30.5B | $21.3B |
| Growth | ||
| Revenue growth | 6.8% | 1.7% |
| 5-year growth | 5.8% | 2.4% |
| Share count change | β3.2% | β6.5% |
| Profitability | ||
| Gross margin | β | β |
| Operating margin | β | β |
| Net margin | 27.0% | 25.5% |
| FCF margin | β | β |
| Return on capital | β | β |
| Return on equity | 10.2% | 11.9% |
| Balance sheet | ||
| Net debt | β | β |
| Net debt / EBITDA | β | β |
| Dividends and buybacks | $31.0B | $23.0B |
| Valuation & quality | ||
| P/E | 11.6x | 12.0x |
| Piotroski F-score | β | β |
FY16
BAC $83.7B
WFC $88.3B
FY17
BAC $87.1B
WFC $88.4B
FY18
BAC $91.0B
WFC $86.4B
FY19
BAC $91.2B
WFC $85.1B
FY20
BAC $85.5B
WFC $74.3B
FY21
BAC $89.1B
WFC $79.2B
FY22
BAC $95.0B
WFC $74.4B
FY23
BAC $102.8B
WFC $82.6B
FY24
BAC $105.9B
WFC $82.3B
FY25
BAC $113.1B
WFC $83.7B
BAC
WFC
FY16
BAC β
WFC β
FY17
BAC β
WFC β
FY18
BAC β
WFC β
FY19
BAC β
WFC β
FY20
BAC β
WFC β
FY21
BAC β
WFC β
FY22
BAC β
WFC β
FY23
BAC β
WFC β
FY24
BAC β
WFC β
FY25
BAC β
WFC β
BAC
WFC
FY16
BAC β
WFC β
FY17
BAC β
WFC β
FY18
BAC β
WFC β
FY19
BAC β
WFC β
FY20
BAC β
WFC β
FY21
BAC β
WFC β
FY22
BAC β
WFC β
FY23
BAC β
WFC β
FY24
BAC β
WFC β
FY25
BAC β
WFC β
BAC
WFC
FY16
BAC β
WFC β
FY17
BAC β
WFC β
FY18
BAC β
WFC β
FY19
BAC β
WFC β
FY20
BAC β
WFC β
FY21
BAC β
WFC β
FY22
BAC β
WFC β
FY23
BAC β
WFC β
FY24
BAC β
WFC β
FY25
BAC β
WFC β
BAC
WFC
Each company's latest fiscal year; fiscal years end in different months. The best value in each row is highlighted where higher (or lower) is clearly better. Not investment advice.