Morgan Stanley (MS) vs Wells Fargo & Company (WFC)

WFC leads on 11 of 16 compared metrics.

A side-by-side comparison of Morgan Stanley and Wells Fargo & Company across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 13, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

Total return — MS vs WFC

growth of $100 · last 30y
MS +1582.7%WFC +867.0%MS compounded faster
05001k2kStart $100200120062011201620212026$1,683$967
MS WFC

MS vs WFC: by the numbers

  • MS is the larger company ($337.60B vs $256.26B market cap).
  • WFC trades at the lower earnings multiple (12.82 vs 19.46 P/E).
  • WFC converts more revenue to profit (17.29% vs 15.13% net margin).
  • MS grew revenue faster over the past five years (17.47% vs 9.46% CAGR).
  • WFC pays the higher dividend yield (2.15% vs 1.87%).

Which is better, MS or WFC?

Metric tally: MS 5 · WFC 11

It depends on what you're optimizing for:

ValueWFC(lower P/E)
GrowthMS(faster 5Y revenue CAGR)
IncomeWFC(higher dividend yield)
QualityWFC(higher ROIC)

Valuation

MetricMSWFC
P/E ratio19.4612.82
Forward P/E18.0011.96
P/S ratio2.842.14
P/B ratio2.981.51
PEG ratio0.580.79
EV / EBITDA22.1117.27
FCF yield0.44%

Profitability

MetricMSWFC
Gross margin57.99%64.55%
Operating margin19.48%20.47%
Net margin15.13%17.29%
ROE15.91%12.18%
ROIC1.69%3.16%

Dividends

MetricMSWFC
Dividend yield1.87%2.15%
Payout ratio38.68%28.17%

Growth (annualized)

MetricMSWFC
Revenue CAGR (5Y)17.47%9.46%
EPS CAGR (5Y)9.56%72.38%
FCF CAGR (5Y)28.69%-10.02%
Total return CAGR (5Y)22.22%15.64%

Frequently asked

Which is better, MS or WFC?
It depends on your goal. value: WFC (lower P/E); growth: MS (faster 5Y revenue CAGR); income: WFC (higher dividend yield); quality: WFC (higher ROIC). Across all compared metrics, WFC leads 11 to 5.
Is MS or WFC cheaper?
On trailing earnings, WFC is cheaper: MS trades at a 19.46 P/E and WFC at 12.82.
Which has grown faster, MS or WFC?
Over the past five years, MS grew revenue faster — MS at a 17.47% CAGR versus WFC at 9.46%.
Does MS or WFC pay a bigger dividend?
MS yields 1.87% and WFC yields 2.15% based on trailing dividends and the latest price.
Is MS or WFC more profitable?
WFC runs the higher net margin — MS at 15.13% versus WFC at 17.29%.
Which has been the better investment, MS or WFC?
Over the past 10-year, MS delivered the higher annualized total return — MS at 27.20% versus WFC at 8.62%. Past performance doesn't predict future results.

Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified June 13, 2026.