BAC vs. NWG: Bank of America vs. NatWest Stock Comparison
How do Bank of America (BAC) and NatWest (NWG) 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 NatWest (NWG) are both classified in the Diversified Banks sub-industry within the broader Banks industry, placing them in the closest GICS peer bucket.
Bank of America (BAC) trades as ordinary local shares, while NatWest (NWG) trades as an ADR — compare with FX exposure, depositary-program fees, and dividend-withholding-tax differences in mind.
| Profile Item | BAC | NWG |
|---|---|---|
| Name | Bank of America Corporation | NatWest Group plc Sponsored ADR |
| Country/Region | United States | United Kingdom |
| GICS Sector | Financials | Financials |
| GICS Industry Group | Banks | Banks |
| GICS Industry | Banks | Banks |
| GICS Sub-Industry | Diversified Banks | Diversified Banks |
| Market Capitalization | 341.01 billion USD | 61.54 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | NYSE |
| Listing Date | February 21, 1973 | October 18, 2007 |
| Security Type | Common Stock | ADR |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | BAC | NWG |
|---|---|---|
| Total Return (1Y) | -2.73% | 7.03% |
| Total Return (3Y, Annualized) | 25.52% | 59.12% |
| Total Return (5Y, Annualized) | 4.08% | 30.15% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | BAC | NWG |
|---|---|---|
| Volatility (1Y, Annualized) | 22.49% | 33.39% |
| Beta (5Y) | 1.18 | 0.96 |
| Max Drawdown (5Y) | -46.64% | -40.66% |
| Avg. Volume (3M) | 37.08M | 3.73M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | BAC | NWG |
|---|---|---|
| Sharpe Ratio (1Y) | -0.31 | 0.08 |
| Sortino Ratio (1Y) | -0.41 | 0.12 |
Profitability
ROE (TTM)
NatWest (NWG) at 14.58% sits in the top ROE quartile, while Bank of America (BAC) at 10.73% is closer to the peer norm — stronger capital efficiency for NWG.
BAC
Banks industry group
10.73%
- Max
- 19.84%
- Q3
- 13.67%
- Median
- 11.49%
- BAC
- 10.73%
- Q1
- 9.50%
- Min
- 3.64%
NWG
Banks industry group
14.58%
- Max
- 19.84%
- NWG
- 14.58%
- Q3
- 13.67%
- Median
- 11.49%
- Q1
- 9.50%
- Min
- 3.64%
Net Margin (TTM)
NatWest (NWG) at 36.93% retains a top-quartile share of revenue as profit, ahead of Bank of America (BAC) at 28.06%, which keeps about the industry-typical share.
BAC
Banks industry group
28.06%
- Max
- 47.19%
- Q3
- 35.25%
- Median
- 31.21%
- BAC
- 28.06%
- Q1
- 27.11%
- Min
- 14.93%
NWG
Banks industry group
36.93%
- Max
- 47.19%
- NWG
- 36.93%
- Q3
- 35.25%
- Median
- 31.21%
- Q1
- 27.11%
- Min
- 14.93%
Operating Margin (TTM)
Neither side reports a meaningful operating margin: for Bank of America (BAC) in Banks and NatWest (NWG) in Banks, funding costs are part of the core business, so net margin and ROE are the cleaner profitability reads.
Profitability Metrics
| Metric | BAC | NWG |
|---|---|---|
| ROE (TTM) | 10.73% | 14.58% |
| ROA (TTM) | 0.94% | 0.85% |
| Net Margin (TTM) | 28.06% | 36.93% |
| Operating Margin (TTM) | -- | -- |
| Gross Margin (TTM) | -- | -- |
Growth
Revenue Growth
Both Bank of America (BAC) at 6.84% and NatWest (NWG) at 13.35% land near their industries' usual revenue growth ranges, so top-line momentum looks broadly in line with peers on both sides.
EPS Growth
Both Bank of America (BAC) at 18.69% and NatWest (NWG) at 26.93% land near their industries' usual EPS growth ranges, so bottom-line momentum looks broadly in line with peers on both sides.
Growth Metrics
| Metric | BAC | NWG |
|---|---|---|
| Revenue Growth (YoY) | 6.84% | 13.35% |
| Revenue Growth (3Y CAGR) | 6.00% | 7.55% |
| EPS Growth (YoY) | 18.69% | 26.93% |
| EPS Growth (3Y CAGR) | 6.10% | 26.12% |
Financial Strength
Current Ratio (MRQ)
current ratio doesn’t apply on either side: Bank of America (BAC) in Banks and NatWest (NWG) 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 NatWest (NWG) 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
| Metric | BAC | NWG |
|---|---|---|
| Current Ratio (MRQ) | -- | -- |
| Debt / Equity (MRQ) | -- | -- |
| Net Debt / EBITDA | -- | -- |
Dividends
Dividend Yield (TTM)
Both Bank of America (BAC) at 2.33% and NatWest (NWG) at 2.19% pay solid, industry-typical yields, sitting squarely within their peers’ usual range.
BAC
Banks industry group
2.33%
- Max
- 5.79%
- Q3
- 3.18%
- Median
- 2.39%
- BAC
- 2.33%
- Q1
- 1.20%
- Min
- 0.00%
NWG
Banks industry group
2.19%
- Max
- 5.79%
- Q3
- 3.18%
- Median
- 2.39%
- NWG
- 2.19%
- Q1
- 1.20%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Bank of America (BAC) at 27.62% pays out a band-typical share of earnings, while NatWest (NWG) at 47.43% distributes more than its industry norm — less retained, thinner cover.
BAC
Banks industry group
27.62%
- Max
- 70.75%
- Q3
- 41.28%
- Median
- 29.26%
- BAC
- 27.62%
- Q1
- 18.98%
- Min
- 0.00%
NWG
Banks industry group
47.43%
- Max
- 70.75%
- NWG
- 47.43%
- Q3
- 41.28%
- Median
- 29.26%
- Q1
- 18.98%
- Min
- 0.00%
Dividend Metrics
| Metric | BAC | NWG |
|---|---|---|
| Dividend Yield (TTM) | 2.33% | 2.19% |
| Dividend Payout Ratio (TTM) | 27.62% | 47.43% |
Valuation
P/E Ratio (TTM)
NatWest (NWG) at 7.84 sits in the cheaper P/E ratio quartile, while Bank of America (BAC) at 11.79 is closer to its industry’s usual earnings multiple — a discount for NWG, though growth and earnings durability still matter.
BAC
Banks industry group
11.79
- Max
- 18.16
- Q3
- 13.75
- Median
- 11.81
- BAC
- 11.79
- Q1
- 10.64
- Min
- 6.49
NWG
Banks industry group
7.84
- Max
- 18.16
- Q3
- 13.75
- Median
- 11.81
- Q1
- 10.64
- NWG
- 7.84
- Min
- 6.49
P/S Ratio (TTM)
P/S ratio is set aside for both Bank of America (BAC) in Banks and NatWest (NWG) 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)
On P/B ratio, both Bank of America (BAC) at 1.26 and NatWest (NWG) at 1.20 are valued close to their industries’ norm against book — neither stands out from peers.
BAC
Banks industry group
1.26
- Max
- 2.28
- Q3
- 1.58
- Median
- 1.32
- BAC
- 1.26
- Q1
- 1.10
- Min
- 0.59
NWG
Banks industry group
1.20
- Max
- 2.28
- Q3
- 1.58
- Median
- 1.32
- NWG
- 1.20
- Q1
- 1.10
- Min
- 0.59
Valuation Metrics
| Metric | BAC | NWG |
|---|---|---|
| P/E Ratio (TTM) | 11.79 | 7.84 |
| P/S Ratio (TTM) | -- | -- |
| P/B Ratio (MRQ) | 1.26 | 1.20 |
| Free Cash Flow Yield (TTM) | -- | -- |