BAC vs USB
Bank of America Corp. and US Bancorp \de\, side by side — 10 fiscal years reported in USD, drawn from SEC filings.
Most recent reported year
| Metric | BAC | USB |
|---|---|---|
| Revenue | $113.1B | $28.7B |
| Net income | $30.5B | $7.6B |
| Gross margin | · | · |
| Net margin | 27.0% | 26.5% |
| Return on equity | 10.2% | 12.2% |
| Diluted EPS | $3.81 | $4.62 |
| Dividend / share | $1.08 | $2.04 |
| Payout ratio | · | 41.8% |
| Free cash flow | · | · |
| Equity | $303.2B | $65.2B |
| Net debt / equity | 0.44× | 0.48× |
| Current ratio | · | · |
| Revenue CAGR 5y | 5.7% | · |
| Profit CAGR 5y | 11.3% | 8.8% |
BAC bills 3.9× the revenue of USB, and keeps more of each dollar of revenue as profit (27.0% against 26.5%).
The stronger figure of the pair is set in bold. That is arithmetic, not a recommendation — this page does not pick a winner. "·" marks a figure not available in our data.
10 years side by side
| Fiscal year | BAC | USB |
|---|---|---|
| FY2025 | $113.1B | $28.7B |
| FY2024 | $105.9B | $27.5B |
| FY2023 | $102.8B | $28.1B |
| FY2022 | $95.0B | $24.3B |
| FY2018 | $91.0B | $22.6B |
| FY2017 | $87.1B | $21.9B |
| FY2016 | $83.7B | $21.3B |
| FY2015 | $83.0B | $20.3B |
| FY2014 | $85.9B | $20.2B |
| FY2013 | $88.9B | $19.6B |
Bottom line
| Fiscal year | BAC | USB |
|---|---|---|
| FY2025 | $30.5B | $7.6B |
| FY2024 | $27.0B | $6.3B |
| FY2023 | $26.3B | $5.4B |
| FY2022 | $27.5B | $5.8B |
| FY2018 | $28.1B | $7.1B |
| FY2017 | $18.2B | $6.2B |
| FY2016 | $17.8B | $5.9B |
| FY2015 | $15.9B | $5.9B |
| FY2014 | $5.5B | $5.9B |
| FY2013 | $11.4B | $5.8B |
11 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | +$84,441,000,000 | BAC |
| FY2024 | +$78,401,000,000 | BAC |
| FY2023 | +$74,625,000,000 | BAC |
| FY2022 | +$70,648,000,000 | BAC |
| FY2018 | +$68,383,000,000 | BAC |
| FY2017 | +$65,224,000,000 | BAC |
| FY2016 | +$62,393,000,000 | BAC |
| FY2015 | +$62,659,000,000 | BAC |
| FY2014 | +$65,733,000,000 | BAC |
| FY2013 | +$69,340,000,000 | BAC |
| FY2012 | +$63,046,000,000 | BAC |
BAC has reported the higher revenue in every one of these 11 fiscal years. The gap has widened since the earliest year compared.
11 of 19 comparable fiscal years — a year missing data on either side is not counted.
11 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | +0.5 pp | BAC |
| FY2024 | +2.4 pp | BAC |
| FY2023 | +6.2 pp | BAC |
| FY2022 | +5.0 pp | BAC |
| FY2018 | −0.5 pp | USB |
| FY2017 | −7.6 pp | USB |
| FY2016 | −6.6 pp | USB |
| FY2015 | −10.0 pp | USB |
| FY2014 | −22.9 pp | USB |
| FY2013 | −16.4 pp | USB |
| FY2012 | −22.0 pp | USB |
The higher net margin has changed hands between BAC and USB over this period.
11 of 19 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
BAC's net margin has been more volatile than USB's over the 11 comparable fiscal years — 8.4 percentage points of standard deviation against 3.3.
11 of 19 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in net margin changed hands between BAC and USB over these 11 fiscal years — BAC led in 4 and USB in 7.
11 of 19 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
BAC's return on equity has been more volatile than USB's over the 19 comparable fiscal years — 3.8 percentage points of standard deviation against 2.5.
19 of 19 comparable fiscal years — a year missing data on either side is not counted.
Year by year
USB led in return on equity in every one of the 19 comparable fiscal years — a structural lead, not a recent swing.
19 of 19 comparable fiscal years — a year missing data on either side is not counted.