BAC vs JPM: Which Is the Better Buy?

Side-by-side comparison of Bank of America Corporation and JPMorgan Chase & Co. — fair value, conviction, valuation metrics, and QuantHub research signals. Updated 2026-04-20.
Bank of America Corporation · Financial Services
$53.95
-41.2% upside to fair value
Grade C
VS
JPMorgan Chase & Co. · Financial Services
$316.99
+45.0% upside to fair value
Grade C High Quality
QuantHub Verdict
JPM has more upside to fair value (+45.0%). BAC trades at a lower forward P/E (12.3x). These are model outputs — not personalized investment advice. See all research →
Valuation & Fundamentals
Metric BAC JPM
Current Price $53.95 $316.99
Fair Value Estimate $31.74 $459.64
Upside to Fair Value -41.2% +45.0%
Market Cap $387.2B $854.9B
Forward P/E 12.3x 15.0x
EV / EBITDA 12.7x 21.8x
Price / Sales 2.2x 3.0x
Price / FCF 30.7x 8.5x
Revenue Growth YoY -35.6% +6.9%
Gross Margin 63.2% 60.9%
Operating Margin 22.9% 26.2%
Return on Equity 10.5% 16.3%
Dividend Yield 0% 0%
FCF Yield 3.26% 11.79%
Analyst Consensus Strong Buy Buy
Investment Thesis
BAC — Bank of America Corporation
Bank of America Corporation is a leading diversified bank with $3.41 trillion in assets and a broad footprint across consumer banking, global markets, wealth management, and corporate banking. The company benefits from a strong market position and experienced leadership under CEO Brian T. Moynihan. However, the stock is currently overvalued, trading approximately 36% above its fair value estimate…
JPM — JPMorgan Chase & Co.
JPMorgan Chase & Co. is a leading diversified financial services firm with a strong competitive moat driven by its scale, diversified revenue streams, and long-tenured leadership. The company operates across four main segments: Commercial & Investment Bank, Consumer & Community Banking, Asset & Wealth Management, and Corporate, generating $279.75 billion in revenue in fiscal 2025. Its durable com…
Accumulation Zones
Metric BAC JPM
Zone Low $23.80 $344.73
Zone High $26.98 $390.69
In Buy Zone? No Yes
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