Banks · 21/36 against 28/36 checks · to 2026-09-08
BAC vs JPM.
Bank of AmericaThe second-largest US bank: consumer and business banking, markets and wealth management.
JPMorgan ChaseAmerica's largest bank: lending, markets, payments and wealth management.→Bank of America (BAC) and JPMorgan Chase (JPM) are within reach of each other at $436.3B and $939.7B, and on the filings JPMorgan Chase passes more, 28 checks of 36 against 21.
Which passes more checks?
widest gap first→No axis separates them by more than 2 of six checks, and the widest is Growth.
| BAC | JPM | |
|---|---|---|
| Growth | 4/6 | 6/6 |
| Shareholder returns | 4/6 | 6/6 |
| Value | 2/6 | 3/6 |
| Quality | 3/6 | 4/6 |
| Health | 4/6 | 5/6 |
| Trend analysis | 4/6 | 4/6 |
| All checks | 21/36 | 28/36 |
→JPMorgan Chase turns over $199.4B to Bank of America's $119.2B, 1.7 times as much. Bank of America keeps 28.2% of revenue as profit against 32.6% at JPMorgan Chase.
Which is growing faster, BAC or JPM?
→JPMorgan Chase grew revenue faster last year, +13.5% against +8.1% at Bank of America - 5 points apart. Over three years the order is reversed: JPMorgan Chase compounds at +12.3% against +6.0%.
| BAC | JPM | |
|---|---|---|
| Revenue (TTM) | $119.2B | $199.4B |
| Revenue growth, 1 year | +8.1% | +13.5% |
| Revenue CAGR, 3 years | +6.0% | +12.3% |
| Net income (TTM) | $33.6B | $65.0B |
| Free cash flow (TTM) | - | - |
Which hands more back to owners?
→Both pay: JPMorgan Chase yields the more at 1.8% against 0.4%. A yield rises when a price falls, so read it beside the payout checks in each report.
| BAC | JPM | |
|---|---|---|
| Dividend yield | 0.4% | 1.8% |
| Payout ratio | 5.0% | 25.6% |
| Years of unbroken dividend | - | - |
Which is cheaper?
→Bank of America is the cheaper of the two on earnings, 14.2x against 15.1x. Against their own histories, Bank of America is above its 9.5x median and JPMorgan Chase is above its 9.1x.
| BAC | JPM | |
|---|---|---|
| Share price | $62.39 | $353.51 |
| Market cap | $436.3B | $939.7B |
| P/E | 14.2x | 15.1x |
| P/E, own median own 11-year median / own 11-year median | 9.5x | 9.1x |
| P/S | 3.7x | 4.7x |
| Free cash flow yield | - | - |
Which keeps more of each sale?
| BAC | JPM | |
|---|---|---|
| Gross margin | - | - |
| Operating margin | - | - |
| Return on equity | 11.2% | 17.4% |
Which balance sheet is stronger?
→JPMorgan Chase carries much the lighter balance sheet, 0.19x of debt to equity against 1.33x - which matters most in the year a downturn arrives, not this one.
| BAC | JPM | |
|---|---|---|
| Debt / equity | 1.33x | 0.19x |
| Interest coverage | - | - |
| Cash and short-term investments | $229.7B | $309.8B |
Where they differ most
the checks behind the gapGrowth: JPMorgan Chase 2 ahead
- Outgrew its sector last year 13.5% vs 8.9% (sector 70th pct, n=107)
- Sustained growth beats its sector (3 years) 12.3% vs 9.7% (sector 70th pct, n=86)
- Profits grew last year 15.0% vs 0.0%
- Outgrew its sector last year 8.1% vs 8.9% (sector 70th pct, n=107)
- Sustained growth beats its sector (3 years) 6.0% vs 9.7% (sector 70th pct, n=86)
Shareholder returns: JPMorgan Chase 2 ahead
- Share count isn't climbing shares down 6.3% over 3 years
- Buybacks outpace the stock issued to staff $31.7B bought back vs $3.9B of stock compensation
- What it hands back fits inside its profits 75.3% vs 100.0%
- Reliable payer, never cut paid 7/10 years, worst year-on-year change -63.8%
- Dividend growing ahead of inflation -4.8% vs 9.0%