Wells Fargo Vs Bank Of America

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Return on equity measures the overall profitability of the financial institution per dollar of equity. Generally shareholders of financial institutions prefer the high ROE. But, higher ROE means an increase in risk. 2014 2013 2012 2011 2010 Wells Fargo 13.01 13.35 12.66 11.90 10.38 Bank of America 2.03 4.87 1.79 0.63 (0.97) Analysis: The return on equity has been improved of the Wells Fargo & Co. from 2010 to 2014 whereas the ROE of Bank of America also increased till 2013 but decreased in 2014. In comparison of ROE the Wells Fargo‘s performance is better than Bank of America

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