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BACBank of America Corporation
$56.20$398.8B
Overview & Tools
OverviewChart Terminal ↗AnalysisVisualize
Valuation & Forecasts
Valuation ModelsEstimatesDCF Model
Price & Analyst Data
Analyst TargetsPrice History
Financial Statements
Income StatementBalance SheetCash FlowRatios & Margins
Performance
P/E HistoryRevenue HistoryEarnings HistoryDividend HistoryTotal Return
Discovery & Screens
Live BreakoutsStock ScreenerOwnership
BAC logo

Bank of America Corporation

BAC
NYSE · Diversified Banks
$56.20
At close - Sep 22, 4:00 PM EDT - USD
Market Cap$398.83B
P/E14.7x
52W High$65.22
Volume43.26M
OverviewTerminalAnalysisFinancialsValuationEarningsBreakoutsOwnership
VCP Research Verdict2026Q1

Revenue Volatility Challenges Bank of America Outlook

Bank of America faces a complex outlook characterized by resilient net interest income growth of 9.0% in 2026Q1, offset by significant earnings quality concerns stemming from a negative $3.1 billion in non-interest income. While the firm maintains a massive $3...

GrowthMixed
ProfitabilityModerate
ValuationAttractive
TechnicalsMixed
Explore valuation models
MARKET ACTION

BAC price & volume

Price trend, volume and key moving averages

Launch Terminal
Loading chart...
Decision Checklist4 Core Signals

What matters now

The signals most likely to change the investment case.

01

Earnings momentum

11/12 Beats

EPS beat 11 of last 12 quarters

02

Valuation risk

-17% Peers

P/E is 17% below peer median

03

Market leadership

RS 64 · Avg

Average momentum (RS Rating: 64)

04

Mixed Trend

Mixed

Price < 50DMA but > 200DMA

Next CatalystEstimated earnings · Oct 14
01

Build the investment case

Start with the evidence for owning the stock and the risks that can break the thesis.

EXECUTIVE THESIS

The Investment Case

Full Analysis
Fundamental Trajectory

The bank's operating efficiency remains under pressure, as evidenced by the efficiency ratio deteriorating to 61.2% in 2026Q1 from 35.1% in 2025Q4.

Analyst Consensus+17.4% target
Buy(54 analysts)
35 Buy18 Hold1 Sell

The Bull Case

Upside Catalysts

Strong Financial Performance

In Q1 2026, BAC reported an EPS of $1.11, exceeding expectations, with revenue increasing by 10.7% year-over-year.

Positive Analyst Sentiment

Out of 27 analysts, 22 have a 'Buy' rating, with a consensus price target of $61.02, indicating a potential upside of 13.91%.

Reliable Dividend Yield

BAC offers a dividend yield of 2.1% with a low payout ratio of 27.72%, providing a steady income stream.

The Bear Case

Key Downside Risks

Valuation Concerns

Some analysts suggest BAC may be overvalued in the current market environment.

Short-Term Volatility

The stock has faced short-term volatility, which may deter risk-averse investors.

Macroeconomic Uncertainties

Economic conditions and potential regulatory changes could introduce uncertainty for BAC's performance.

Market performance

Price History →

Trailing total returns as of 9/23/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).

YTD Return
BAC+2.02%
S&P 500 (^GSPC)+13.20%
1-Year Return
BAC+10.48%
S&P 500 (^GSPC)+15.98%
3-Year Return
BAC+114.91%
S&P 500 (^GSPC)+76.93%
5-Year Return
BAC+52.34%
S&P 500 (^GSPC)+67.54%
02

Test the fundamentals

Check whether operating performance supports the current valuation.

VALUATION & INTRINSIC VALUE

Valuation Scenarios

Valuation Analysis
Trailing P/E5Y High
14.7x
Forward P/EExpansion
12.1x
EV/EBITDA0th %ile
13.3x
FCF YieldCash Flow
3.2%

Valuation vs 5-Year History

Multiple Range
Metric
Current
5Y Median
Historical Range
Percentile
P/E
14.7x
12.5x
100th· High
EV/EBITDA
13.3x
16.1x
0th· Low
Price/FCF
31.6x
32.9x
50th· Fair
Current Multiple
5Y Median (50th %ile)

Intrinsic Value Scenarios

DCF Projection
Bear$36.72-34.7%
Base (Fair)$72.91+26.3%
Bull$123.51+119.8%
$36.72 Bear$72.91 Base$123.51 Bull
Current Market Price: $56.20
Trades at a 22.9% discount to Base DCF ($72.91)
Open DCF & Valuation Models →Chart Terminal ↗

Growth & profitability

Annual revenue & EPS trend
Revenue
$113.1B+11.0% YoY
Net income
$30.51B+12.4% YoY
Free cash flow
$12.61B+243.2% YoY
Operating margin
19.7%+4.5 pts YoY
ROIC (TTM)3.5%
Avg ROIC 5Y-
ROE (TTM)10.2%
Piotroski Score7 / 9
Financial Statements →
03

Monitor what changed

Recent results and news deserve attention only when they alter the forward view.

OPERATING RESULTS

Recent Earnings

Earnings History
EPS Beat Rate11/12 (100%)
Revenue Beat Rate9/12 (82%)
QuarterEPS (Act vs Est)Revenue (Act vs Est)
Q3 2026Latest
Jul 14, 2026
$1.21+7.1%
vs $1.13
$31.6B+2.5%
vs $30.8B
Q2 2026
Apr 15, 2026
$1.11+9.9%
vs $1.01
$30.3B+1.1%
vs $29.9B
Q1 2026
Feb 25, 2026
$1.00
vs —
$49.7B
vs —
Q1 2026
Jan 14, 2026
$0.98+2.3%
vs $0.96
$28.4B+2.2%
vs $27.8B
Historical baseline: 12 quarters analyzedGAAP / Adjusted
MARKET COVERAGE

Latest News

5 Stories
PRNewsWire·5d ago
Bank of America Declares Preferred Stock Dividends Payable in October and November 2026

CHARLOTTE, N.C., Sept. 18, 2026 /PRNewswire/ -- Bank of America Corporation today announced the Board of Directors has authorized regular cash dividends on the outstanding shares or depositary shares of the following series of preferred stock:  Series of Preferred Stock Dividend per Share or Depositary Share 1 Record Date Payment Date 7.25% Non-Cumulative Perpetual Convertible Preferred Stock, Series L $18.1250000 October 1 October 30 5.875% Non-Cumulative Preferred Stock, Series HH $0.3671875 October 1 October 26 4.375% Non-Cumulative Preferred Stock, Series NN $0.2734375 October 15 November 3 6.625% Fixed-Rate Reset Non-Cumulative Preferred Stock, Series OO $16.5625000 October 15 November 2 4.125% Non-Cumulative Preferred Stock, Series PP $0.2578125 October 15 November 2 4.375% Fixed-Rate Reset Non-Cumulative Preferred Stock, Series RR $10.9375000 October 1 October 27 6.125% Fixed-Rate Reset Non-Cumulative Preferred Stock, Series TT $15.3125000 October 1 October 27 6.250% Fixed-Rate Reset Non-Cumulative Preferred Stock, Series UU $15.6250000 October 1 October 26 1  Each series of preferred stock, other than Series L, is represented by depositary shares.

GuruFocus·5d ago
Bank of America Slips as Bond Losses Threaten $90 Billion

Bank of America (BAC), the deposit and consumer-banking giant, faced a fresh estimate that unrealized losses on its bond portfolio could climb beyond $90 billio

24/7 Wall Street·5d ago
As Buffett Ends His Legendary Career, These Were His 5 Best Investments

“Father Time always wins.” That was Warren Buffett's line, according to The New York Times, on September 18, 2026, the day he announced he was stepping down as chairman of Berkshire Hathaway.

GlobeNewsWire·5d ago
Taboola to Acquire Dianomi, Significantly Bolstering its Ability to Provide Performance Advertisers with a Highly Specialized, Premium Ad Network Focused on Finance, Powered by Taboola's Performance Advertising Platform Realize

Some of the Largest Names in Finance Choose Dianomi, Including Reuters, CNN Business, Bank of America, Charles Schwab and More Some of the Largest Names in Finance Choose Dianomi, Including Reuters, CNN Business, Bank of America, Charles Schwab and More

Filtered for Bank of America CorporationMore Headlines
04

Compare before deciding

Benchmark BAC against direct peers instead of judging its metrics in isolation.

Peers Comparison

Key metrics vs top competitors for Bank of America Corporation (BAC)

Full Screener →
CompanyPriceMarket CapP/E RatioRev Growth (1Y)Net MarginROEDiv Yield
BAC logoBACBank of America CorporationCurrent
$56.20$398.83B14.7111%15.93%10.19%2.25%
JPM logoJPMJPMorgan Chase & Co.
$340.00$911.03B16.967.32%20.66%16.32%—
WFC logoWFCWells Fargo & Company
$83.15$254.45B13.161.7%17.29%11.92%—
C logoCCitigroup Inc.
$132.47$227.17B18.955.11%9.34%7.49%—
GS logoGSThe Goldman Sachs Group, Inc.
$949.49$292.44B18.508.92%16.31%14.33%—
MS logoMSMorgan Stanley
$200.21$315.79B19.6314.48%15.13%16.22%—

Compare BAC vs Peers

Bank of America Corporation (BAC) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs JPM

Most directly comparable listed peer for BAC.

Scale Benchmark

vs V

Larger-name benchmark to compare BAC against a more recognizable public peer.

Peer Set

Compare Top 5

vs JPM, WFC, C, GS

05

Keep researching

Verify the primary filings, follow material updates, and answer the remaining questions.

BAC SEC Filings & Documents

Bank of America Corporation (BAC) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

4
Material company update

Jul 24, 2026·SEC

Material company update

Jul 14, 2026·SEC

Material company update

Jul 14, 2026·SEC

Get notified when BAC posts new earnings or crosses analyst targets

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BAC Frequently Asked Questions

Bank of America Corporation (BAC) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials
How fast is Bank of America Corporation growing?

Bank of America Corporation (BAC) grew revenue by 11.0% over the past year. This is steady growth.

Is BAC profitable?

Yes, Bank of America Corporation (BAC) is profitable, generating $31.70B in net income for fiscal year 2025 (15.9% net margin).

Dividend & Returns
Does BAC pay dividends?

Yes, Bank of America Corporation (BAC) pays a dividend with a yield of 2.25%. This makes it attractive for income-focused investors.

What is BAC's return on equity?

Bank of America Corporation (BAC) has a return on equity (ROE) of 10.2%. This is reasonable for most industries.

Industry Metrics
What is Bank of America Corporation's net interest margin?

Bank of America Corporation (BAC) has a net interest margin (NIM) of 1.8%. NIM has been under pressure due to interest rate environment.

What is Bank of America Corporation's efficiency ratio?

Bank of America Corporation (BAC) has an efficiency ratio of 36.4%. This is excellent, indicating strong cost control.

What if you invested $1,000 in BAC back in 1996?

Total return calculator · dividends reinvested · 30+ years of data

See returns →