Bank of America Corp /de/ vs Wells Fargo & Company/mn (BAC vs WFC)
Side by side from their SEC filings: revenue, margins, growth, returns and valuation, plus short interest, insider activity and institutional ownership.
Bank of America Corp /de/ is the larger company by revenue ($113.1B vs $83.7B) and market value ($423.5B vs $258.3B). Bank of America Corp /de/ has grown revenue faster over the last 4 fiscal years (+26.9% cumulative vs +5.7%). Wells Fargo & Company/mn trades at the lower trailing P/E (13.6x vs 14.8x).
About Bank of America Corp /de/
Bank of America is a bank holding company that provides a wide range of banking, investing, asset management, and financial risk management products and services. It serves individual consumers, small- and middle-market businesses, institutional investors, large corporations, and governments. The company operates through four main business segments: Consumer Banking, Global Wealth & Investment Management, Global Banking, and Global Markets.
About Wells Fargo & Company/mn
Wells Fargo & Company is a financial holding company and bank holding company based in Delaware. It provides a wide range of banking, investment, mortgage, and finance products and services to individuals, businesses, and institutions primarily in the United States and internationally. Its offerings include consumer banking, commercial banking, corporate and investment banking, and wealth and investment management.
Head to head (BAC FY2025 vs WFC FY2025)
| Metric | BACFY2025 | WFCFY2025 |
|---|---|---|
| Revenue | $113.10B | $83.70B |
| Revenue growth (YoY) | 6.8% | 1.7% |
| Gross margin | — | — |
| Operating margin | — | — |
| Net margin | 27.0% | 25.5% |
| Net income | $30.51B | $21.34B |
| Diluted EPS | $3.81 | $6.26 |
| FCF margin | — | — |
| ROE | 10.1% | 11.7% |
| Debt / equity | 1.0× | 1.0× |
| Market cap | $423.45B | $258.30B |
| P/E (TTM) | 14.8× | 13.6× |
Fundamentals are from each company’s SEC filings (BAC FY2025, WFC FY2025). P/E and market cap are derived from recent market prices and update daily.
Five-year trend (as reported)
| Revenue | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|
| BAC | $89.11B | $94.95B | $102.77B | $105.86B | $113.10B |
| WFC | $79.17B | $74.37B | $82.60B | $82.30B | $83.70B |
Peer standing
Where each company ranks among the 76 banks, on the same scale. Each figure is ranked only against peers that report it. Percentiles describe position in the distribution, not a rating.
| Metric | BAC | WFC |
|---|---|---|
| Net margin | 27.0%49th percentile of 76 | 25.5%37th percentile of 76 |
| Revenue growth (YoY) | +6.8%27th percentile of 76 | +1.7%7th percentile of 76 |
| ROE | 10.1%53rd percentile of 76 | 11.7%75th percentile of 76 |
| P/E (TTM) | 14.8×73rd percentile of 76 | 13.6×61st percentile of 76 |
| Debt / equity | 1.05×95th percentile of 38 | 0.95×92nd percentile of 38 |
| Short interest (days to cover) | 2.30d20th percentile of 75 | 1.62d5th percentile of 75 |
Short interest
| FINRA settlement data | BAC | WFC |
|---|---|---|
| Shares sold short | 90.9M | 28.6M |
| Change vs prior settlement | -10.4% | -17.9% |
| Days to cover | 2.30 | 1.62 |
| As of settlement | 2026-06-30 | 2026-06-30 |
Source: FINRA Consolidated Short Interest. FINRA is the owner and source of the FINRA-supplied data; republishing or redistributing it is not permitted. Not presented as a percentage of float. No FINRA endorsement of this product is implied.
Insider activity (last 90 days)
| Form 4 open-market activity | BAC | WFC |
|---|---|---|
| Buys | 0 | — |
| Sells | 1 ($6.7M) | — |
Open-market purchases and sales reported on SEC Form 4 (grants, exercises and tax withholding excluded). For context, about 16% of covered companies saw any open-market insider buy in a 90-day window.
Held by the same investors
11 tracked 13F managers hold both Bank of America Corp /de/ and Wells Fargo & Company/mn as of their latest quarterly filings: AQR Capital Management, Bridgewater Associates, Chou Associates Management, Citadel Advisors, D. E. Shaw, Dodge & Cox, Gotham Asset Management, Harris Associates (Oakmark), Millennium Management, Renaissance Technologies, Two Sigma Investments. See which superinvestors hold your own portfolio with the smart money checker.
Go deeper
BAC vs BKBAC vs CBAC vs COFBAC vs PNCBAC vs TFCBAC vs USBAll bank stocks →All comparisons →
Track BAC and WFC
Get an alert when either company files something material, see which superinvestors own them, and ask their filings a question with cited answers.
Start monitoring freeIncludes one free filing-grounded research answer. Or check your whole portfolio, no account needed.
Data sourced from SEC EDGAR (public domain). Figures are as-reported and may be unaudited or restated; verify against the source filings before relying on them. Comparisons are descriptive (higher or lower on a reported figure), not a rating or a recommendation. Informational only. Not investment advice.