The article compares Bank of America (BAC) and JPMorgan Chase (JPM) as 2026 investment options. Bank of America serves about 69 million consumer and small-business clients and reported FY 2025 revenue of nearly $191.6 billion, down about 0.5%, with net income near $30.5 billion. JPMorgan Chase, with more than 5,000 branches and global investment banking, reported revenue of nearly $279.7 billion, up roughly 3.3%, and net income of approximately $57.0 billion. Bank of America faces a December 2024 OCC Consent Order on anti-money laundering and sanctions, while JPMorgan faces a lawsuit alleging blacklisting. The article says Bank of America looks more affordable on valuation multiples, while JPMorgan carries a premium reflecting its scale, and that JPMorgan holds the edge on profitability.
Summary written by Upside AI from the original article. Read the source for full details.
Read the original on Yahoo Finance ↗
Keywords
Open a keyword to see other news on the same topic.
Related tickers and likely impact
JPM
• NeutralJPMorgan Chase
Relevance: low
| Market | US stocks |
|---|---|
| Sector | Financials |
| Industry | Diversified Banks |
| Market cap | $891.9B |
| Close on 10/21/2026 | 335.19 |
| Change that session | -0.02% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
Related news
- Is It Time for a New CEO at Bank of America?
- Bank of America Corporation $BAC Stock : Parkside Investments LLC Reduces Stake
Parkside Investments LLC cut its stake in Bank of America (NYSE:BAC) by 77.5% in the third quarter, leaving it with 9,000 shares after selling 31,000, worth about $490,000 in its latest SEC filing. BAC opened at $50.59, with a market cap of $353.77 billion, a P/E of 12.02, and a 12-month range of $46.12 to $65.22. Quarterly EPS of $1.08 missed the $1.10 consensus, and revenue of $29.96 billion fell short of the $30.58 billion estimate but rose 3.2% year over year. The bank raised its quarterly dividend to $0.32 from $0.28, a 2.5% yield, and the article also covers a recent upgrade to Buy and a new bond offering.
- Bank of America (BAC): Is Its Deposit Franchise Getting Stronger as Lending Accelerates?
Bank of America's average loans rose 8% year over year in the second quarter, faster than the 2% growth in deposits, with consumer balances up about 1% versus 8% in Global Banking. Net interest income still increased 9%. Average Consumer Banking deposits reached $957 billion, up from $950.8 billion in the first quarter, while the rate paid on them fell to 0.48% from 0.58% a year earlier. The bank estimates that 92% of consumer checking accounts are customers' primary accounts, which the article says gives customers reasons to stay. Global Banking deposits paid 2.23%, and the article notes faster growth in that category could increase sensitivity to interest rates. The stock trades at about 11x forward P/E versus 13x trailing.
- Bank of America vs . Goldman Sachs : Which Financial Stock Is a Better Buy in 2026 ?
Bank of America (BAC) and Goldman Sachs (GS) are compared as two financial stocks with different strategies: BAC serves roughly 70 million consumers and small businesses through thousands of financial centers, while GS focuses on investment banking and global markets and is narrowing its consumer-focused businesses. In fiscal 2025, BAC's revenue was nearly $191.6 billion, down about 0.5%, while GS's revenue was about $125.1 billion, down 1.4%. The article notes regulatory pressure for BAC, including a $1.2 billion charge in 2026, and reliance on market activity for GS, which recently reached a $500 million shareholder-litigation settlement. It describes BAC as the more value-oriented choice based on lower forward P/E and P/S ratios, and says GS has outperformed BAC and the S&P 500 in its chart.
- Bank of America vs . Goldman Sachs : Which Financial Stock Is a Better Buy in 2026 ?
The article compares Bank of America (NYSE:BAC) and Goldman Sachs (NYSE:GS) as financial stock options for 2026. BAC serves roughly 70 million consumers and small businesses through its branch network, with fiscal 2025 revenue of about $191.6 billion, down roughly 0.5%, and net income near $30.5 billion. Goldman Sachs oversees close to $3.6 trillion in assets and reported fiscal 2025 revenue of about $125.1 billion, down 1.4%, and net income near $17.2 billion, while it exits consumer credit partnerships such as the Apple card program. Goldman's free cash flow was negative $47.2 billion, versus about $12.6 billion for BAC, and its debt-to-equity ratio was roughly 4.9 compared with about 1.2 for BAC. Both face regulatory and market risks, including BAC's $1.2 billion charge in 2026 and Goldman's $500 million shareholder litigation settlement, and the article describes BAC as the more value-oriented choice based on lower forward P/E and P/S ratios.
- Bank of America Has Cut Its Share Count by Nearly a Third in 10 Years. $10,000 Invested Then Is Worth About $40,000 Now.
Bank of America, with $3.4 trillion in total assets, is the second-largest U.S. financial services institution; it bought back $6 billion of stock in the third quarter and $19.2 billion so far in 2026. Its outstanding share count has fallen 32% over 10 years, contributing to a 122% rise in diluted EPS. A total return of 304% through Oct. 16 would have turned $10,000 into about $40,400, below the $42,800 that the overall stock market's 328% total return would have produced. The article notes the shares trade 19% below their peak, at a P/E of 12.5 versus a 10-year average of 13.1.
Related markets
Latest news
- Musk's wants to merge SpaceX and Tesla: Here's what to know
Musk said SpaceX and Tesla have formed special committees to study a merger, which would be worth about $3.5 trillion combined and would be the largest corporate deal in history. SpaceX, valued at about $2 trillion after a record listing this year, absorbed Musk's AI startup xAI in February, while Tesla is valued at about $1.5 trillion. Musk holds about 82 percent of SpaceX's voting power but only about 20 percent at Tesla. Dan Ives puts the odds of a deal at 90 percent by early 2027, though Musk called the requirement of a majority of all Tesla shares 'quite a high hurdle'. Loyal retail investors hold an estimated 25 to 27 percent of Tesla shares, and legal obstacles appear slight because both companies moved their incorporation to Texas from Delaware.
- CoreWeave and Nebius Stocks Are Crashing. Time to Buy the Dip?
Shares of Nebius and CoreWeave each fell 25% in the week of October 12 to 16. The sell-off stems from the yield on CoreWeave's debt in the secondary market surging to 15%, versus roughly 5% on Treasuries, which pushes the debt into 'distressed' territory and signals doubts about its ability to meet obligations. Nebius sold off in sympathy as a fellow neocloud company. The bigger concern is that both companies must keep issuing debt to fund data centers, and if yields are high at issuance, the assumption of nearly unlimited cheap capital could be challenged. The author says it is unclear whether now is the time to buy.
- Disney’s multiplatform Super Bowl plan frustrates ABC affiliates
ABC station owners are irritated that Disney is airing the Super Bowl across several platforms, including Disney+, ESPN2, NFL Network and ESPNU, even though the game is already on ABC and ESPN. A station group CEO estimates that the combined platforms could cut broadcast ad revenue by up to 35% compared with last year. Local affiliates typically earn about 3% of annual ad revenue from the Super Bowl and pay network owners reverse retransmission fees, but Disney+ lacks geofenced ad insertion, so affiliates cannot sell ads to streaming viewers. Disney says national commercials will be identical on all platforms and that streaming major live events is standard industry practice. Super Bowl LX drew 125.6 million viewers in February.
- Meta’s deal to keep Zuckerberg in California adds fuel to wealth tax debate ahead of election
Meta says Mark Zuckerberg will remain in California for eight years and has created a new stock plan that could help cover his taxes if Proposition 40, a 5% tax on Californians worth over $1 billion, passes on Election Day on Nov. 3. According to a filing released with its third-quarter earnings, Meta will issue non-voting Class C shares starting in January, and Zuckerberg can sell or transfer up to 20% of the shares granted to him without affecting his majority voting control. The filing says Zuckerberg’s leadership is crucial to the company’s growth and its AI ambitions, including Meta Superintelligence Labs. Most of the tech industry opposes the measure, while a recent Citrin-Politico poll found 46% in favor and 43% against, suggesting it may fall short of the majority support it needs.
- Nasdaq sell-off: A momentum unwind 'for the record books'
Matt Stucky, chief portfolio manager for equities at Northwestern Mutual Wealth Management, calls Thursday’s sell-off in the Nasdaq Composite (^IXIC) a momentum unwind “for the record books.” He says the market spent the first half of 2026 driven by a beta and momentum trade led by semiconductors, but in the third quarter, as rates rose, money shifted into quality stocks. He does not think the sell-off is justified by fundamentals, arguing that institutional portfolio managers swapping out of factor positions can drag down whole baskets of stocks. In semiconductors, spot rental rates for Nvidia Blackwell chips are higher than a month ago, showing tightening compute supply, even as financing costs rise and investors worry about neocloud business models and the rising cost of insuring their bonds.
- Dune launches real-time data feeds covering 200 onchain trading venues
Blockchain analytics platform Dune has launched real-time market data feeds covering more than 200 onchain trading venues, aiming to bring this data into the systems of traditional financial institutions. The feeds draw trade data from 12 blockchains, including Ethereum, Solana and Base, about one second after execution, covering both spot trading on decentralized exchanges and perpetual futures on Hyperliquid and Lighter. Early clients include quant funds, market makers, asset managers and bank trading desks, which use the data to assess liquidity and compare prices, though Dune did not name them. Meanwhile, the tokenized stock market has grown sharply, with distributed value reaching $3.58 billion, but 16 companies, including Microsoft, Alphabet and Goldman Sachs, have objected to their shares being traded on OKXICE’s proposed platform, and liquidity remains fragmented.
Get the briefing on Telegram or Zalo
Join the Upside Telegram channel or Zalo group for the Vietnam stocks and gold briefing at 8:00 and 19:00 (Vietnam time) on trading days, plus a weekly wrap on Saturday morning.