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BAC vs. JPM: Bank of America vs. JPMorgan Chase Stock Comparison

How do Bank of America (BAC) and JPMorgan Chase (JPM) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.

Company Profile

Bank of America (BAC) and JPMorgan Chase (JPM) are both classified in the Diversified Banks sub-industry within the broader Banks industry, placing them in the closest GICS peer bucket.

Company profile comparison for Bank of America (BAC) and JPMorgan Chase (JPM)
Profile ItemBACJPM
NameBank of America CorporationJPMorgan Chase & Co.
Country/RegionUnited StatesUnited States
GICS SectorFinancialsFinancials
GICS Industry GroupBanksBanks
GICS IndustryBanksBanks
GICS Sub-IndustryDiversified BanksDiversified Banks
Market Capitalization450.96 billion USD964.50 billion USD
CurrencyUSDUSD
ExchangeNYSENYSE
Listing DateFebruary 21, 1973March 17, 1980
Security TypeCommon StockCommon Stock

Price Performance

Cumulative Growth

BAC
JPM
GSPC
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Bank of America (BAC) vs. JPMorgan Chase (JPM), with S&P 500 (GSPC) for reference: Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Trailing Returns

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Trailing total returns for Bank of America (BAC) and JPMorgan Chase (JPM). Returns over one year are annualized.

Calendar-Year Returns

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Calendar-year total returns for Bank of America (BAC) and JPMorgan Chase (JPM). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for Bank of America (BAC) and JPMorgan Chase (JPM)
MetricBACJPM
Total Return (1Y)38.12%25.71%
Total Return (3Y, Annualized)30.99%35.80%
Total Return (5Y, Annualized)11.85%20.78%

Risk Profile

Drawdown History

BAC
JPM
GSPC
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Bank of America (BAC) vs. JPMorgan Chase (JPM), with S&P 500 (GSPC) for reference: Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

Return Distribution

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Distribution of monthly total returns for Bank of America (BAC) and JPMorgan Chase (JPM). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for Bank of America (BAC) and JPMorgan Chase (JPM)
MetricBACJPM
Volatility (1Y, Annualized)21.28%22.26%
Beta (5Y)1.160.99
Max Drawdown (5Y)-46.64%-38.77%
Avg. Volume (3M)35.09M8.91M

Risk-Adjusted Performance

Risk-Return Positioning

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BAC and JPM are plotted by 1-year volatility (risk) and 1-year return. The dashed Capital Allocation Line runs from the risk-free rate through the shared industry median.

Risk-Adjusted Metrics

Risk-adjusted metrics for Bank of America (BAC) and JPMorgan Chase (JPM)
MetricBACJPM
Sharpe Ratio (1Y)1.600.98
Sortino Ratio (1Y)2.311.38

Profitability

ROE (TTM)

JPMorgan Chase (JPM) at 17.79% sits in the top ROE quartile, while Bank of America (BAC) at 11.20% is closer to the peer norm — stronger capital efficiency for JPM.

BAC

Banks industry group

11.20%

Max
19.49%
Q3
13.33%
BAC
11.20%
Median
11.17%
Q1
9.21%
Min
3.19%

JPM

Banks industry group

17.79%

Max
19.49%
JPM
17.79%
Q3
13.33%
Median
11.17%
Q1
9.21%
Min
3.19%
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Bank of America (BAC) vs. JPMorgan Chase (JPM): A comparison of their ROE against the Banks industry group benchmark.

Net Margin (TTM)

Both Bank of America (BAC) at 29.52% and JPMorgan Chase (JPM) at 34.92% keep about the typical share of revenue as profit for their industries — neither bottom line stands out from peers.

BAC

Banks industry group

29.52%

Max
47.25%
Q3
35.18%
Median
30.75%
BAC
29.52%
Q1
26.80%
Min
14.41%

JPM

Banks industry group

34.92%

Max
47.25%
Q3
35.18%
JPM
34.92%
Median
30.75%
Q1
26.80%
Min
14.41%
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Bank of America (BAC) vs. JPMorgan Chase (JPM): A comparison of their net margin against the Banks industry group benchmark.

Operating Margin (TTM)

Neither side reports a meaningful operating margin: for Bank of America (BAC) in Banks and JPMorgan Chase (JPM) in Banks, funding costs are part of the core business, so net margin and ROE are the cleaner profitability reads.

Profitability Metrics

Profitability metrics for Bank of America (BAC) and JPMorgan Chase (JPM)
MetricBACJPM
ROE (TTM)11.20%17.79%
ROA (TTM)0.97%1.36%
Net Margin (TTM)29.52%34.92%
Operating Margin (TTM)----
Gross Margin (TTM)----

Growth

Revenue Growth

Both Bank of America (BAC) at 6.84% and JPMorgan Chase (JPM) at 7.32% land near their industries' usual revenue growth ranges, so top-line momentum looks broadly in line with peers on both sides.

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Bank of America (BAC) vs. JPMorgan Chase (JPM): A comparison of their Revenue Growth across different time periods.

EPS Growth

Bank of America (BAC) at 18.69% is around its peer norm for EPS growth, while JPMorgan Chase (JPM) at 1.37% drops into the bottom quartile, signaling weaker earnings momentum.

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Bank of America (BAC) vs. JPMorgan Chase (JPM): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for Bank of America (BAC) and JPMorgan Chase (JPM)
MetricBACJPM
Revenue Growth (YoY)6.84%7.32%
Revenue Growth (3Y CAGR)6.00%12.50%
EPS Growth (YoY)18.69%1.37%
EPS Growth (3Y CAGR)6.10%18.31%

Financial Strength

Current Ratio (MRQ)

current ratio doesn’t apply on either side: Bank of America (BAC) in Banks and JPMorgan Chase (JPM) in Banks both report balance sheets without a current/non-current split, so their short-term liquidity is better judged through regulatory and funding measures.

Debt / Equity (MRQ)

debt-to-equity ratio is set aside for both: Bank of America (BAC) in Banks and JPMorgan Chase (JPM) in Banks run businesses where balance-sheet leverage is part of the model, so capital-adequacy and funding measures are the better gauges of balance-sheet risk.

Financial Strength Metrics

Financial strength metrics for Bank of America (BAC) and JPMorgan Chase (JPM)
MetricBACJPM
Current Ratio (MRQ)----
Debt / Equity (MRQ)----
Net Debt / EBITDA----

Dividends

Dividend Yield (TTM)

Both Bank of America (BAC) at 1.75% and JPMorgan Chase (JPM) at 1.65% pay solid, industry-typical yields, sitting squarely within their peers’ usual range.

BAC

Banks industry group

1.75%

Max
5.57%
Q3
3.08%
Median
2.25%
BAC
1.75%
Q1
1.20%
Min
0.00%

JPM

Banks industry group

1.65%

Max
5.57%
Q3
3.08%
Median
2.25%
JPM
1.65%
Q1
1.20%
Min
0.00%
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Bank of America (BAC) vs. JPMorgan Chase (JPM): A comparison of their dividend yield against the Banks industry group benchmark.

Dividend Payout Ratio (TTM)

Both Bank of America (BAC) at 25.87% and JPMorgan Chase (JPM) at 25.71% keep payout ratio within their industries’ typical mid-ranges — dividend policies that share earnings without consuming too much of them.

BAC

Banks industry group

25.87%

Max
76.19%
Q3
41.82%
Median
28.70%
BAC
25.87%
Q1
18.66%
Min
0.00%

JPM

Banks industry group

25.71%

Max
76.19%
Q3
41.82%
Median
28.70%
JPM
25.71%
Q1
18.66%
Min
0.00%
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Bank of America (BAC) vs. JPMorgan Chase (JPM): A comparison of their payout ratio against the Banks industry group benchmark.

Dividend Metrics

Dividend metrics for Bank of America (BAC) and JPMorgan Chase (JPM)
MetricBACJPM
Dividend Yield (TTM)1.75%1.65%
Dividend Payout Ratio (TTM)25.87%25.71%

Valuation

P/E Ratio (TTM)

Bank of America (BAC) at 14.79 is near its industry’s usual P/E ratio, while JPMorgan Chase (JPM) at 15.55 sits in the richer quartile — JPM needs stronger growth or earnings quality to justify the premium.

BAC

Banks industry group

14.79

Max
20.84
Q3
15.55
BAC
14.79
Median
13.12
Q1
11.81
Min
7.19

JPM

Banks industry group

15.55

Max
20.84
JPM
15.55
Q3
15.55
Median
13.12
Q1
11.81
Min
7.19
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Bank of America (BAC) vs. JPMorgan Chase (JPM): A comparison of their P/E ratio against the Banks industry group benchmark.

P/S Ratio (TTM)

P/S ratio is set aside for both Bank of America (BAC) in Banks and JPMorgan Chase (JPM) in Banks: without a conventional revenue line, pricing per dollar of sales isn’t meaningful, and book- or earnings-based multiples make the better comparison.

P/B Ratio (MRQ)

Bank of America (BAC) at 1.64 sits near its industry’s typical P/B ratio, while JPMorgan Chase (JPM) at 2.73 prices above its benchmark range — JPM looks rich relative to book.

BAC

Banks industry group

1.64

Max
2.39
Q3
1.67
BAC
1.64
Median
1.37
Q1
1.17
Min
0.43

JPM

Banks industry group

2.73

JPM
2.73
Max
2.39
Q3
1.67
Median
1.37
Q1
1.17
Min
0.43
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Bank of America (BAC) vs. JPMorgan Chase (JPM): A comparison of their P/B ratio against the Banks industry group benchmark.

Valuation Metrics

Valuation metrics for Bank of America (BAC) and JPMorgan Chase (JPM)
MetricBACJPM
P/E Ratio (TTM)14.7915.55
P/S Ratio (TTM)----
P/B Ratio (MRQ)1.642.73
Free Cash Flow Yield (TTM)----