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Bank of America vs Jpmorgan Chase: revenue, profit, margins and growth compared

Bank of America brought in $113.1B of revenue in fiscal 2025, Jpmorgan Chase $182.4B in fiscal 2025. Revenue changed by +6.8% at Bank of America and +2.8% at Jpmorgan Chase on the year before, so Bank of America grew faster. Bank of America kept 27.0% of its revenue as net profit, Jpmorgan Chase 31.3%.

Side by side, latest fiscal year

BACJPM
Fiscal year endedFY2025 (December 31, 2025)FY2025 (December 31, 2025)
Revenue$113.1B$182.4B
Revenue growth+6.8%+2.8%
Net income$30.5B$57B
Net margin27.0%31.3%
Free cash flown/an/a
Free cash flow marginn/an/a
Earnings per share (diluted)$3.81$20.02
Cash$231.8B$343.3B
Debt$317.8Bn/a
Price to earnings14.917.1
Market value$396.5B$911.9B
Dividend yield1.90%1.69%
Rank by revenue in sector#5 of 495 · Finance#3 of 495 · Finance

Over the years

Revenue
BAC FY2018: $91BBAC FY2019: $91.2BBAC FY2020: $85.5BBAC FY2021: $89.1BBAC FY2022: $95BBAC FY2023: $102.8BBAC FY2024: $105.9BBAC FY2025: $113.1BJPM FY2018: $108.8BJPM FY2019: $115.7BJPM FY2020: $120BJPM FY2021: $121.6BJPM FY2022: $128.7BJPM FY2023: $158.1BJPM FY2024: $177.6BJPM FY2025: $182.4BFY18FY19FY20FY21FY22FY23FY24FY25
BAC $113.1BJPM $182.4B
Net income
BAC FY2018: $28.1BBAC FY2019: $27.4BBAC FY2020: $17.9BBAC FY2021: $32BBAC FY2022: $27.5BBAC FY2023: $26.3BBAC FY2024: $27BBAC FY2025: $30.5BJPM FY2018: $32.5BJPM FY2019: $36.4BJPM FY2020: $29.1BJPM FY2021: $48.3BJPM FY2022: $37.7BJPM FY2023: $49.6BJPM FY2024: $58.5BJPM FY2025: $57BFY18FY19FY20FY21FY22FY23FY24FY25
BAC $30.5BJPM $57B
Net margin
BAC FY2018: 30.9%BAC FY2019: 30.1%BAC FY2020: 20.9%BAC FY2021: 35.9%BAC FY2022: 29.0%BAC FY2023: 25.6%BAC FY2024: 25.5%BAC FY2025: 27.0%JPM FY2018: 29.9%JPM FY2019: 31.5%JPM FY2020: 24.3%JPM FY2021: 39.7%JPM FY2022: 29.3%JPM FY2023: 31.3%JPM FY2024: 32.9%JPM FY2025: 31.3%FY18FY19FY20FY21FY22FY23FY24FY25
BAC 27.0%JPM 31.3%
Revenue growth
BAC FY2019: +0.2%BAC FY2020: -6.3%BAC FY2021: +4.2%BAC FY2022: +6.6%BAC FY2023: +8.2%BAC FY2024: +3.0%BAC FY2025: +6.8%JPM FY2019: +6.4%JPM FY2020: +3.7%JPM FY2021: +1.4%JPM FY2022: +5.8%JPM FY2023: +22.9%JPM FY2024: +12.3%JPM FY2025: +2.8%FY19FY20FY21FY22FY23FY24FY25
BAC +6.8%JPM +2.8%

Fiscal years as each company reports them; the two may end in different months.

Questions about Bank of America and Jpmorgan Chase

Which is bigger by revenue, Bank of America or Jpmorgan Chase?

Jpmorgan Chase is bigger by revenue: $182.4B in fiscal 2025, against $113.1B for Bank of America in fiscal 2025.

Which keeps more of its revenue as profit, Bank of America or Jpmorgan Chase?

Bank of America had a net margin of 27.0% in fiscal 2025; Jpmorgan Chase had 31.3% in fiscal 2025.

Which grew revenue faster, Bank of America or Jpmorgan Chase?

In their latest fiscal years revenue changed by +6.8% at Bank of America and +2.8% at Jpmorgan Chase.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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