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美国合众银行（USB）与富国银行（WFC）财务数据对比。点击上方公司名可切换其他公司
富国银行的季度营收约是美国合众银行的2.9倍（$21.3B vs $7.4B），美国合众银行净利率更高（27.8% vs 25.2%，领先2.6%），美国合众银行同比增速更快（5.1% vs 4.5%），过去两年美国合众银行的营收复合增速更高（4.7% vs 1.0%）
美国合众银行是美国跨国银行机构，总部位于明尼苏达州明尼阿波利斯，在特拉华州注册成立。截至2025年为美国第五大银行，也是美国中西部规模最大的银行，被金融稳定委员会认定为系统重要性机构，旗下核心运营主体提供银行、投资、按揭等多元金融服务。
富国银行是美国头部跨国金融服务机构，位列美国四大银行之一，业务覆盖全球35个国家，为超7000万全球客户提供服务，被金融稳定委员会认定为系统重要性金融机构，具备较高的行业影响力。
USB vs WFC — 直观对比
营收规模更大
WFC
是对方的2.9倍
$7.4B
营收增速更快
USB
高出0.6%
4.5%
净利率更高
USB
高出2.6%
25.2%
两年增速更快
USB
近两年复合增速
1.0%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $7.4B | $21.3B |
| 净利润 | $2.0B | $5.4B |
| 毛利率 | — | — |
| 营业利润率 | 34.4% | 30.7% |
| 净利率 | 27.8% | 25.2% |
| 营收同比 | 5.1% | 4.5% |
| 净利润同比 | 23.0% | 5.6% |
| 每股收益（稀释后） | $1.26 | $1.61 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收USBWFC
| Q4 25 | $7.4B | $21.3B | ||
| Q3 25 | $7.3B | $21.4B | ||
| Q2 25 | $7.0B | $20.8B | ||
| Q1 25 | $7.0B | $20.1B | ||
| Q4 24 | $7.0B | $20.4B | ||
| Q3 24 | $6.9B | $20.4B | ||
| Q2 24 | $6.9B | $20.7B | ||
| Q1 24 | $6.7B | $20.9B |
净利润USBWFC
| Q4 25 | $2.0B | $5.4B | ||
| Q3 25 | $2.0B | $5.6B | ||
| Q2 25 | $1.8B | $5.5B | ||
| Q1 25 | $1.7B | $4.9B | ||
| Q4 24 | $1.7B | $5.1B | ||
| Q3 24 | $1.7B | $5.1B | ||
| Q2 24 | $1.6B | $4.9B | ||
| Q1 24 | $1.3B | $4.6B |
营业利润率USBWFC
| Q4 25 | 34.4% | 30.7% | ||
| Q3 25 | 34.5% | 32.2% | ||
| Q2 25 | 32.7% | 30.9% | ||
| Q1 25 | 31.0% | 26.4% | ||
| Q4 24 | 30.1% | 26.4% | ||
| Q3 24 | 30.2% | 30.6% | ||
| Q2 24 | 29.9% | 29.8% | ||
| Q1 24 | 24.9% | 26.8% |
净利率USBWFC
| Q4 25 | 27.8% | 25.2% | ||
| Q3 25 | 27.3% | 26.1% | ||
| Q2 25 | 25.9% | 26.4% | ||
| Q1 25 | 24.6% | 24.3% | ||
| Q4 24 | 23.7% | 24.9% | ||
| Q3 24 | 25.0% | 25.1% | ||
| Q2 24 | 23.3% | 23.7% | ||
| Q1 24 | 19.6% | 22.1% |
每股收益（稀释后）USBWFC
| Q4 25 | $1.26 | $1.61 | ||
| Q3 25 | $1.22 | $1.66 | ||
| Q2 25 | $1.11 | $1.60 | ||
| Q1 25 | $1.03 | $1.39 | ||
| Q4 24 | $1.01 | $1.42 | ||
| Q3 24 | $1.03 | $1.42 | ||
| Q2 24 | $0.97 | $1.33 | ||
| Q1 24 | $0.78 | $1.20 |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | — | — |
| 总债务越低越好 | — | $174.7B |
| 股东权益账面价值 | $65.2B | $181.1B |
| 总资产 | $692.3B | $2148.6B |
| 负债/权益比越低杠杆越低 | — | 0.96× |
8季度趋势，按日历期对齐
总债务USBWFC
| Q4 25 | — | $174.7B | ||
| Q3 25 | — | $177.8B | ||
| Q2 25 | — | $176.2B | ||
| Q1 25 | — | $173.7B | ||
| Q4 24 | — | $173.1B | ||
| Q3 24 | — | $182.0B | ||
| Q2 24 | — | $179.1B | ||
| Q1 24 | — | $187.8B |
股东权益USBWFC
| Q4 25 | $65.2B | $181.1B | ||
| Q3 25 | $63.3B | $181.2B | ||
| Q2 25 | $61.4B | $181.1B | ||
| Q1 25 | $60.1B | $181.1B | ||
| Q4 24 | $58.6B | $179.1B | ||
| Q3 24 | $58.9B | $183.3B | ||
| Q2 24 | $56.4B | $176.4B | ||
| Q1 24 | $55.6B | $180.9B |
总资产USBWFC
| Q4 25 | $692.3B | $2148.6B | ||
| Q3 25 | $695.4B | $2062.9B | ||
| Q2 25 | $686.4B | $1981.3B | ||
| Q1 25 | $676.5B | $1950.3B | ||
| Q4 24 | $678.3B | $1929.8B | ||
| Q3 24 | $686.5B | $1922.1B | ||
| Q2 24 | $680.1B | $1940.1B | ||
| Q1 24 | $683.6B | $1959.2B |
负债/权益比USBWFC
| Q4 25 | — | 0.96× | ||
| Q3 25 | — | 0.98× | ||
| Q2 25 | — | 0.97× | ||
| Q1 25 | — | 0.96× | ||
| Q4 24 | — | 0.97× | ||
| Q3 24 | — | 0.99× | ||
| Q2 24 | — | 1.02× | ||
| Q1 24 | — | 1.04× |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | $2.8B | $4.1B |
| 自由现金流经营现金流 - 资本支出 | — | — |
| 自由现金流率自由现金流/营收 | — | — |
| 资本支出强度资本支出/营收 | — | — |
| 现金转化率经营现金流/净利润 | 1.39× | 0.77× |
| 过去12个月自由现金流最近4个季度 | — | — |
8季度趋势，按日历期对齐
经营现金流USBWFC
| Q4 25 | $2.8B | $4.1B | ||
| Q3 25 | $3.4B | $-869.0M | ||
| Q2 25 | $2.0B | $-11.2B | ||
| Q1 25 | $-285.0M | $-11.0B | ||
| Q4 24 | $4.8B | $8.9B | ||
| Q3 24 | $972.0M | $4.2B | ||
| Q2 24 | $2.9B | $2.0B | ||
| Q1 24 | $2.7B | $-12.1B |
现金转化率USBWFC
| Q4 25 | 1.39× | 0.77× | ||
| Q3 25 | 1.69× | -0.16× | ||
| Q2 25 | 1.12× | -2.04× | ||
| Q1 25 | -0.17× | -2.26× | ||
| Q4 24 | 2.87× | 1.75× | ||
| Q3 24 | 0.57× | 0.82× | ||
| Q2 24 | 1.79× | 0.42× | ||
| Q1 24 | 2.02× | -2.63× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
USB
暂无分部数据
WFC
| Other | $5.2B | 24% |
| Wealth And Investment Management | $3.4B | 16% |
| Investment Advisory Management And Administrative Service | $2.8B | 13% |
| Corporate And Investment Banking | $2.5B | 12% |
| Consumer Banking And Lending | $2.0B | 10% |
| Commercial Portfolio Segment | $1.1B | 5% |
| Commercial Banking | $1.1B | 5% |
| Credit Card Rewards And Rebates | $859.0M | 4% |
| Investment Advice | $716.0M | 3% |
| Deposit Account | $692.0M | 3% |
| Commissions And Brokerage Service Fees | $657.0M | 3% |
| Trailing Commission | $250.0M | 1% |
