Wells Fargo vs Bank of America
Side-by-side comparison of AI visibility scores, market position, and capabilities
NYSE-listed (WFC) US third-largest bank at $82B revenue with 4,600+ branches; operating under Fed asset cap since 2018 scandal competing with JPMorgan and Bank of America for retail and commercial banking.
About
Wells Fargo & Company is a San Francisco-based diversified financial services company — listed on NYSE (NYSE: WFC) and the third-largest US bank by total assets — providing retail banking, commercial banking, mortgage lending, wealth management, investment banking, and corporate financial services through 4,600+ branches and ATMs, digital banking, and institutional sales channels. Founded in 1852 (as a Wells Fargo express and banking service during the California Gold Rush), Wells Fargo generated $82.0 billion in revenue in fiscal year 2024 with $1.9 trillion in total assets, serving 70 million+ customers across consumer, small business, commercial, corporate, and wealth management segments.
NYSE-listed US megabank (BAC) with $100B+ revenue serving 68M consumers and institutions through Merrill Lynch wealth management, retail banking, and global markets divisions.
About
Bank of America is one of the largest financial institutions in the world — serving 68 million consumer and small business clients alongside thousands of institutional and corporate clients through banking, investing, and wealth management services. Listed on NYSE (NYSE: BAC), Bank of America generates approximately $100 billion in total revenue annually, operates 3,800+ retail banking centers and 15,000+ ATMs across the US, and has built one of the most-used digital banking platforms in the country with 57 million digital users and 44 million mobile banking users.
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