Bank of America or Wells Fargo: Which Big Bank Offers More Upside?
Key Takeaways WFC is poised for growth after the Fed lifted its asset cap, enabling deposit and loan expansion. BAC plans to open 150 new centers by 2027 and expects 6-7% NII growth in 2025. WFC targets $2.4B in expense cuts by 2025 through branch upgrades and streamlined operations.Bank of America (BAC) and Wells Fargo (WFC) are two of the U.S. Big Four banks and are designated systemically important financial institutions. Both generate substantial net interest income (NII) and have deep exposure to con ...