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Bank of America (BAC) Competitors

$38.74
-0.59 (-1.50%)
(As of 05/29/2024 ET)

BAC vs. JPM, WFC, C, USB, PNC, COF, TFC, HBAN, SHG, and RF

Should you be buying Bank of America stock or one of its competitors? The main competitors of Bank of America include JPMorgan Chase & Co. (JPM), Wells Fargo & Company (WFC), Citigroup (C), U.S. Bancorp (USB), The PNC Financial Services Group (PNC), Capital One Financial (COF), Truist Financial (TFC), Huntington Bancshares (HBAN), Shinhan Financial Group (SHG), and Regions Financial (RF). These companies are all part of the "national commercial banks" industry.

Bank of America vs.

JPMorgan Chase & Co. (NYSE:JPM) and Bank of America (NYSE:BAC) are both large-cap finance companies, but which is the better stock? We will contrast the two businesses based on the strength of their media sentiment, valuation, community ranking, dividends, institutional ownership, profitability, analyst recommendations, earnings and risk.

JPMorgan Chase & Co. has higher revenue and earnings than Bank of America. JPMorgan Chase & Co. is trading at a lower price-to-earnings ratio than Bank of America, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
JPMorgan Chase & Co.$239.43B2.38$49.55B$16.5611.96
Bank of America$171.91B1.76$26.52B$2.8913.40

JPMorgan Chase & Co. has a net margin of 20.05% compared to JPMorgan Chase & Co.'s net margin of 13.94%. Bank of America's return on equity of 17.79% beat JPMorgan Chase & Co.'s return on equity.

Company Net Margins Return on Equity Return on Assets
JPMorgan Chase & Co.20.05% 17.79% 1.34%
Bank of America 13.94%10.88%0.89%

JPMorgan Chase & Co. pays an annual dividend of $4.60 per share and has a dividend yield of 2.3%. Bank of America pays an annual dividend of $0.96 per share and has a dividend yield of 2.5%. JPMorgan Chase & Co. pays out 27.8% of its earnings in the form of a dividend. Bank of America pays out 33.2% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. JPMorgan Chase & Co. has increased its dividend for 14 consecutive years and Bank of America has increased its dividend for 10 consecutive years.

In the previous week, JPMorgan Chase & Co. had 24 more articles in the media than Bank of America. MarketBeat recorded 46 mentions for JPMorgan Chase & Co. and 22 mentions for Bank of America. JPMorgan Chase & Co.'s average media sentiment score of 0.65 beat Bank of America's score of 0.37 indicating that Bank of America is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
JPMorgan Chase & Co.
21 Very Positive mention(s)
6 Positive mention(s)
9 Neutral mention(s)
5 Negative mention(s)
5 Very Negative mention(s)
Neutral
Bank of America
9 Very Positive mention(s)
2 Positive mention(s)
10 Neutral mention(s)
0 Negative mention(s)
1 Very Negative mention(s)
Positive

JPMorgan Chase & Co. has a beta of 1.13, indicating that its stock price is 13% more volatile than the S&P 500. Comparatively, Bank of America has a beta of 1.37, indicating that its stock price is 37% more volatile than the S&P 500.

Bank of America received 75 more outperform votes than JPMorgan Chase & Co. when rated by MarketBeat users. However, 71.33% of users gave JPMorgan Chase & Co. an outperform vote while only 65.74% of users gave Bank of America an outperform vote.

CompanyUnderperformOutperform
JPMorgan Chase & Co.Outperform Votes
1871
71.33%
Underperform Votes
752
28.67%
Bank of AmericaOutperform Votes
1946
65.74%
Underperform Votes
1014
34.26%

71.6% of JPMorgan Chase & Co. shares are held by institutional investors. Comparatively, 70.7% of Bank of America shares are held by institutional investors. 0.8% of JPMorgan Chase & Co. shares are held by insiders. Comparatively, 0.3% of Bank of America shares are held by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company will outperform the market over the long term.

JPMorgan Chase & Co. currently has a consensus target price of $194.10, suggesting a potential downside of 2.02%. Bank of America has a consensus target price of $38.70, suggesting a potential downside of 0.09%. Given JPMorgan Chase & Co.'s higher probable upside, analysts clearly believe Bank of America is more favorable than JPMorgan Chase & Co..

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
JPMorgan Chase & Co.
0 Sell rating(s)
8 Hold rating(s)
13 Buy rating(s)
0 Strong Buy rating(s)
2.62
Bank of America
1 Sell rating(s)
7 Hold rating(s)
10 Buy rating(s)
0 Strong Buy rating(s)
2.50

Summary

JPMorgan Chase & Co. beats Bank of America on 15 of the 21 factors compared between the two stocks.

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding BAC and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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BAC vs. The Competition

MetricBank of AmericaNational commercial banks IndustryFinance SectorNYSE Exchange
Market Cap$302.92B$18.44B$8.94B$17.46B
Dividend Yield2.42%3.91%10.60%3.53%
P/E Ratio13.409.6556.6724.92
Price / Sales1.761.803,509.0210.12
Price / Cash10.158.7427.6319.29
Price / Book1.141.023.125.82
Net Income$26.52B$2.39B$1.01B$975.72M
7 Day Performance-2.58%-2.99%-1.57%-1.94%
1 Month Performance3.13%0.56%0.92%1.12%
1 Year Performance36.82%14.36%22.93%21.80%

Bank of America Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
JPM
JPMorgan Chase & Co.
4.4607 of 5 stars
$199.50
-0.6%
$194.10
-2.7%
+44.7%$572.90B$239.43B12.05309,926
WFC
Wells Fargo & Company
4.3242 of 5 stars
$59.48
-1.2%
$58.99
-0.8%
+42.5%$207.37B$115.34B12.42226,000
C
Citigroup
4.5553 of 5 stars
$62.45
-1.8%
$63.66
+1.9%
+39.1%$119.12B$156.82B18.48239,000Short Interest ↑
Analyst Revision
USB
U.S. Bancorp
4.9535 of 5 stars
$39.78
-1.9%
$46.02
+15.7%
+27.3%$62.08B$40.62B13.1775,465
PNC
The PNC Financial Services Group
4.8042 of 5 stars
$152.34
-1.2%
$157.02
+3.1%
+27.3%$60.62B$31.88B12.7956,411Analyst Upgrade
Positive News
COF
Capital One Financial
4.9053 of 5 stars
$136.57
-0.8%
$138.50
+1.4%
+31.9%$51.92B$49.48B10.6951,987Short Interest ↓
TFC
Truist Financial
4.8754 of 5 stars
$37.75
-1.7%
$43.17
+14.4%
+22.0%$50.51B$33.25B-28.6050,832
HBAN
Huntington Bancshares
4.9823 of 5 stars
$13.66
-0.6%
$15.30
+12.0%
+28.0%$19.80B$10.84B12.3119,955Analyst Upgrade
Positive News
SHG
Shinhan Financial Group
3.8517 of 5 stars
$34.31
-2.0%
N/A+28.3%$17.47B$25.42B5.552,020Analyst Upgrade
News Coverage
RF
Regions Financial
4.5778 of 5 stars
$19.06
-0.3%
$20.34
+6.7%
+4.9%$17.46B$9.15B10.3620,101Short Interest ↑

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This page (NYSE:BAC) was last updated on 5/30/2024 by MarketBeat.com Staff

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