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Jpmorgan Chase vs Wells Fargo &: revenue, profit, margins and growth compared

Jpmorgan Chase brought in $182.4B of revenue in fiscal 2025, Wells Fargo & $83.7B in fiscal 2025. Revenue changed by +2.8% at Jpmorgan Chase and +1.7% at Wells Fargo & on the year before, so Jpmorgan Chase grew faster. Jpmorgan Chase kept 31.3% of its revenue as net profit, Wells Fargo & 25.5%.

Side by side, latest fiscal year

JPMWFC
Fiscal year endedFY2025 (December 31, 2025)FY2025 (December 31, 2025)
Revenue$182.4B$83.7B
Revenue growth+2.8%+1.7%
Net income$57B$21.3B
Net margin31.3%25.5%
Free cash flown/an/a
Free cash flow marginn/an/a
Earnings per share (diluted)$20.02$6.26
Cash$343.3B$172.6B
Debtn/a$174.7B
Price to earnings17.113.3
Market value$911.9B$250.9B
Dividend yield1.69%2.05%
Rank by revenue in sector#3 of 495 · Finance#8 of 495 · Finance

Over the years

Revenue
JPM FY2018: $108.8BJPM FY2019: $115.7BJPM FY2020: $120BJPM FY2021: $121.6BJPM FY2022: $128.7BJPM FY2023: $158.1BJPM FY2024: $177.6BJPM FY2025: $182.4BWFC FY2018: $86.4BWFC FY2019: $86.8BWFC FY2020: $74.3BWFC FY2021: $79.2BWFC FY2022: $74.4BWFC FY2023: $82.6BWFC FY2024: $82.3BWFC FY2025: $83.7BFY18FY19FY20FY21FY22FY23FY24FY25
JPM $182.4BWFC $83.7B
Net income
JPM FY2018: $32.5BJPM FY2019: $36.4BJPM FY2020: $29.1BJPM FY2021: $48.3BJPM FY2022: $37.7BJPM FY2023: $49.6BJPM FY2024: $58.5BJPM FY2025: $57BWFC FY2018: $22.4BWFC FY2019: $19.7BWFC FY2020: $3.4BWFC FY2021: $22.1BWFC FY2022: $13.7BWFC FY2023: $19.1BWFC FY2024: $19.7BWFC FY2025: $21.3BFY18FY19FY20FY21FY22FY23FY24FY25
JPM $57BWFC $21.3B
Net margin
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%WFC FY2018: 25.9%WFC FY2019: 22.7%WFC FY2020: 4.5%WFC FY2021: 27.9%WFC FY2022: 18.4%WFC FY2023: 23.2%WFC FY2024: 24.0%WFC FY2025: 25.5%FY18FY19FY20FY21FY22FY23FY24FY25
JPM 31.3%WFC 25.5%
Revenue growth
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%WFC FY2019: +0.5%WFC FY2020: -14.5%WFC FY2021: +6.6%WFC FY2022: -6.1%WFC FY2023: +11.1%WFC FY2024: -0.4%WFC FY2025: +1.7%FY19FY20FY21FY22FY23FY24FY25
JPM +2.8%WFC +1.7%

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

Questions about Jpmorgan Chase and Wells Fargo &

Which is bigger by revenue, Jpmorgan Chase or Wells Fargo &?

Jpmorgan Chase is bigger by revenue: $182.4B in fiscal 2025, against $83.7B for Wells Fargo & in fiscal 2025.

Which keeps more of its revenue as profit, Jpmorgan Chase or Wells Fargo &?

Jpmorgan Chase had a net margin of 31.3% in fiscal 2025; Wells Fargo & had 25.5% in fiscal 2025.

Which grew revenue faster, Jpmorgan Chase or Wells Fargo &?

In their latest fiscal years revenue changed by +2.8% at Jpmorgan Chase and +1.7% at Wells Fargo &.

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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