Comfortable leader
4 companies value 1.7 tn revenue 480 bn margin — free cash flow — avg. score 4.8
JPM holds 52.4% of the group's value, 2.5x the runner-up
| Rank | Ticker | Company | Share | Value | Revenue | Margin | FCF | 5 years | FCF/px | Yield | What it does · why it is here |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | JPM | JPMorgan Chase United States · score 4.5 | 52% | 887 bn | 182 bn | 35.7% | -163 bn | -18.3% | 1.9% | Investment banking, retail banking and wealth management · Largest bank in the Western world by market value and profit; a fortress in crises | |
| 2 | BAC | Bank of America United States · score 5.2 | 21% | 352 bn | 119 bn | 28.2% | 95 bn | 26.9% | — | Retail, wholesale and investment banking · 2nd largest US retail bank; the most sensitive to high interest rates | |
| 3 | WFC | Wells Fargo United States · score 6.3 | 15% | 247 bn | 87 bn | 26.0% | 19 bn | 7.7% | 2.3% | Retail, commercial and investment banking · Largest US retail banking and mortgage franchise; regulatory asset cap removed | |
| 4 | C | Citigroup United States · score 3.2 | 12% | 204 bn | 91 bn | 19.5% | -25 bn | -12.0% | 2.7% | Global retail, wholesale and treasury services bank · The most international of the big US banks; restructuring under way |
Other industries in the same sector
- Sector overview
- Payments 7 companies
- International banks 22 companies
- Diversified holding companies 36 companies
- Continental European banks 5 companies
- Asian banks 6 companies
- Investment banks 13 companies
- Exchanges and financial data 12 companies
- Property and casualty insurance 27 companies
- Life insurance and annuities 24 companies
- Alternative assets and private equity 21 companies
- Traditional asset management 22 companies
- Insurance brokerage 27 companies
and 31 industries more
- Regional banks — US South 94 companies
- Regional banks — US Midwest 64 companies
- Brokerage and custody 16 companies
- Regional banks — US Northeast 75 companies
- UK banks 3 companies
- Indian banks 2 companies
- Payments infrastructure and fintech 26 companies
- Consumer credit and cards 18 companies
- Specialty insurance 29 companies
- Listed infrastructure 5 companies
- Custody and asset servicing 3 companies
- Digital and crypto brokerages 14 companies
- Digital banks 8 companies
- Regional banks — US West 50 companies
- Reinsurance 8 companies
- Crypto treasuries 50 companies
- Consumer lending fintech 22 companies
- BDCs (private credit) 50 companies
- Mortgage REITs (mREITs) 40 companies
- Crypto mining 34 companies
- Mortgage origination 11 companies
- Electronic trading platforms 3 companies
- Boutique investment banks 11 companies
- Stablecoins and crypto infrastructure 20 companies
- Title insurance 5 companies
- Cross-border remittances 5 companies
- Auto finance 4 companies
- Latin American fintech 3 companies
- Government-backed mortgage finance 3 companies
- Insurtech 4 companies
- Financial services (diversified) 3 companies
What this is. A catalogue, not a guide. Every industry with stocks listed on the NYSE or NASDAQ, the companies contending for its leadership, what each one does according to its own annual report, and the balance sheet it filed with the SEC.
The score runs from 0 to 10 and compares each company with every other one in the almanac on cash generation, profitability, debt, dividends and consistency over the last five years. The higher it is, the better the company fares in that comparison. Curious how much each part weighs? Ask at the bottom of the page.
The score runs from 0 to 10 and compares each company with every other one in the almanac on cash generation, profitability, debt, dividends and consistency over the last five years. The higher it is, the better the company fares in that comparison. Curious how much each part weighs? Ask at the bottom of the page.