Side by sideJPMorgan Chase (JPM) and Wells Fargo (WFC)Memos of October 14, 2026
JPMorgan Chase vs Wells Fargo stock: side by side (October 2026)
How do JPMorgan Chase and Wells Fargo compare?
| JPMorgan Chase JPM | Wells Fargo WFC | |
|---|---|---|
| Revenue growth | 2.8%2025 | 1.7%2025 |
| Net interest margin | 2.5%2025 | 2.6%2025 |
| Efficiency ratio (lower is leaner) | 52.0%2025 | 66.0%2025 |
| Return on equity | 17.0%2025 | 12.4%2025 |
| CET1 capital ratio | 14.1%2025 | 10.6%2025 |
| Dividend yield | 2.0%Today (Oct 14, 2026) | 2.5%Today (Oct 14, 2026) |
| P/E, last 12 months | 13.9xToday (Oct 14, 2026) | 11.4xToday (Oct 14, 2026) |
| P/E, next 12 months | 13.3xToday (Oct 14, 2026) | 11.0xToday (Oct 14, 2026) |
| Weighted price forecast, about 1 year | 351.06 (+8 %)October 2027 | 79.64 (+1 %)October 2027 |
| Weighted price forecast, about 3 years | 429.58 (+36 %)October 2029 | 97.80 (+29 %)October 2029 |
Who leads on what?
| Leads | The lead is | |
|---|---|---|
| Revenue growth | JPMorgan Chase | The higher figure |
| Net interest margin | Wells Fargo | The higher figure |
| Efficiency ratio (lower is leaner) | JPMorgan Chase | The lower figure |
| Return on equity | JPMorgan Chase | The higher figure |
| CET1 capital ratio | JPMorgan Chase | The higher figure |
| Dividend yield | Wells Fargo | The higher figure |
| P/E, last 12 months | Wells Fargo | The lower figure |
| P/E, next 12 months | Wells Fargo | The lower figure |
| Weighted price forecast, about 1 year | JPMorgan Chase | The higher weighted return |
| Weighted price forecast, about 3 years | JPMorgan Chase | The higher weighted return |
What does each company do?
JPMorgan Chase serves households, small businesses, companies, institutions and wealthy investors through Chase, Commercial & Investment Bank, and Asset & Wealth Management, which manages investments and financial plans for clients.
JPMorgan Chase (JPM), from our memo of October 14, 2026 · JPMorgan Chase stock forecast
Wells Fargo takes deposits, lends to households and businesses, and sells payment, investment and financial services.
Wells Fargo (WFC), from our memo of October 14, 2026 · Wells Fargo stock forecast