{"slug":"goldman-sachs-vs-jpmorgan","question":"Goldman Sachs vs JPMorgan Chase","answer":"JPMorgan Chase is substantially larger by total assets ($3.7 trillion vs $2.5 trillion as of 2025) and generates higher net revenue ($84.5 billion vs $55.6 billion as of 2024), while Goldman Sachs maintains stronger investment banking market share and higher return on equity in capital markets operations.","answer_curated":true,"verdict":"JPMorgan Chase is the better choice for investors seeking a diversified, systemically important megabank with superior scale, profitability, and lower volatility across multiple business lines. Choose Goldman Sachs if you prioritize pure-play investment banking exposure, trading expertise, and wealth management for ultra-high-net-worth clients without retail banking drag.","keyDifferences":[{"label":"Total Assets","winner":"b","entityAValue":"$2.5 trillion (2025)","entityBValue":"$3.7 trillion (2025)"},{"label":"Annual Net Revenue","winner":"b","entityAValue":"$55.6 billion (2024)","entityBValue":"$84.5 billion (2024)"},{"label":"Return on Equity","winner":"b","entityAValue":"11.8% (2024)","entityBValue":"15.2% (2024)"},{"label":"Investment Banking Market Share (M&A Advisory)","winner":"a","entityAValue":"13.2% (2024)","entityBValue":"11.8% (2024)"},{"label":"Global Employees","winner":"b","entityAValue":"49,000 (2025)","entityBValue":"316,000 (2025)"}],"winner":{"slug":"jpmorgan-chase-co","name":"JPMorgan Chase & Co."},"confidence":"high","entities":[{"name":"Goldman Sachs Group, Inc.","slug":"goldman-sachs-group-inc","url":"https://www.aversusb.net/entity/goldman-sachs-group-inc","alternativesUrl":"https://www.aversusb.net/api/v1/alternatives/goldman-sachs-group-inc"},{"name":"JPMorgan Chase & Co.","slug":"jpmorgan-chase-co","url":"https://www.aversusb.net/entity/jpmorgan-chase-co","alternativesUrl":"https://www.aversusb.net/api/v1/alternatives/jpmorgan-chase-co"}],"faqs":[{"question":"Which bank is bigger, Goldman Sachs or JPMorgan?","answer":"JPMorgan Chase is significantly larger. As of 2025, JPMorgan has $3.7 trillion in total assets compared to Goldman Sachs' $2.5 trillion—a 48% difference. JPMorgan also employs 316,000 people versus Goldman's 49,000, reflecting JPMorgan's diversified business model spanning consumer, commercial, and investment banking."},{"question":"Is Goldman Sachs or JPMorgan better for investment banking?","answer":"Goldman Sachs holds a stronger position in pure investment banking, controlling 13.2% of global M&A advisory market share versus JPMorgan's 11.8% (2024). However, JPMorgan generates more total investment banking revenue due to scale. Goldman Sachs is the choice for specialized advisory expertise, while JPMorgan offers more comprehensive solutions across corporate and institutional finance."},{"question":"Which bank is more profitable?","answer":"JPMorgan Chase is substantially more profitable. In 2024, JPMorgan generated $84.5 billion in net revenue versus Goldman's $55.6 billion, and $12.8 billion in net income versus $6.5 billion. JPMorgan's return on equity was 15.2% compared to Goldman's 11.8%, reflecting better capital efficiency and diversified revenue streams."}],"attribution":{"source":"A Versus B","url":"https://www.aversusb.net/compare/goldman-sachs-vs-jpmorgan","license":"CC BY 4.0","citationFormat":"According to A Versus B (https://www.aversusb.net/compare/goldman-sachs-vs-jpmorgan), JPMorgan Chase is substantially larger by total assets ($3.7 trillion vs $2.5 trillion as of 2025) and generates higher net revenue ($84.5 billion vs $55.6 billion as of 2024), while Goldman Sachs mai","dateModified":"2026-10-17T12:16:35.585Z"},"relatedQuestionsUrl":"https://www.aversusb.net/api/faq/goldman-sachs-vs-jpmorgan","relatedComparisonsUrl":"https://www.aversusb.net/api/v1/related/goldman-sachs-vs-jpmorgan","knowledgeGraphUrl":"https://www.aversusb.net/api/knowledge-graph/goldman-sachs-vs-jpmorgan"}