Stocks · Financial Services · Banks - Diversified
Bank of America Corporation BAC
$53.75 +0.04% Close, Oct 2, 2026 · NYSE · Market cap $381.44B
High risk
Next earnings report: Oct 14, 2026
Scroll or pinch to zoom, drag to move. Daily prices adjusted for splits. Markers: E = earnings (green beat, red miss), S = split, D = dividend.
Three things to know
- Earnings beat analyst estimates in each of the last 14 quarters (average surprise over the last four: +7.7%).
- Net debt is 15.4× EBITDA, a high level of leverage.
- Operating margin widened to 22.5% from 16.0% a year earlier.
PromtFinance scores
Each score is a percentile within the Financial Services sector (0–100). Under each score: how the stock ranks in its sector on every component. As of Oct 5, 2026.
Growth68Positive
How fast revenue, earnings and cash flow are growing.
- Revenue growth (TTM, YoY)Bottom 36%
- EPS growth (TTM, YoY)Top 40%
- Revenue growth, 3-year CAGRTop 36%
- Revenue growth accelerationTop 26%
Quality44Weak
Returns on capital, margins, earnings quality and balance-sheet strength.
- Return on invested capitalBottom 42%
- Gross marginBottom 36%
- Operating marginTop 49%
- Cash conversion (OCF / net income)Top 12%
- Accruals (lower is better)Top 28%
- Net debt / EBITDA (lower is better)Bottom 7%
- Interest coverBottom 31%
Value61Neutral
How cheap the shares are relative to earnings, cash flow and their own history.
- Earnings yieldTop 36%
- Free-cash-flow yieldTop 11%
- EBITDA / enterprise valueBottom 36%
- Sales / enterprise valueBottom 21%
- P/E vs own 5-year history (lower is better)Top 40%
Momentum41Weak
Strength and persistence of the price trend, including versus the S&P 500.
- 12-month return excluding last monthTop 30%
- 6-month returnTop 42%
- 1-year return vs S&P 500Top 48%
- Distance from 52-week highBottom 29%
- Trend checklist (0–4)Bottom 27%
Revisions94Exceptional
Earnings surprises and analyst sentiment (estimate-revision history is being collected).
- Average EPS surprise, last 4 quartersTop 37%
- Consecutive EPS beatsTop 2%
- Share of analysts rating BuyTop 28%
- Upside to consensus price targetTop 30%
Stability20Very weak
Low volatility, shallow drawdowns, low market sensitivity and modest leverage.
- Volatility, 60 days (lower is better)Bottom 50%
- Maximum drawdown, 3 yearsTop 48%
- Beta vs S&P 500 (lower is better)Bottom 13%
- Net debt / EBITDA (lower is better)Bottom 7%
What changed
Latest four quarters versus the same period a year earlier (growth: versus one quarter earlier).
| Measure | Before | Now | |
|---|---|---|---|
| Revenue growth (YoY) | 0.6% | 3.0% | ↑ |
| EPS growth (YoY) | 19.9% | 26.9% | ↑ |
| Gross margin | 52.0% | 59.3% | ↑ |
| Operating margin | 16.0% | 22.5% | ↑ |
| FCF margin | -12.0% | 48.5% | ↑ |
Fundamental momentum
| Measure | Now (TTM) | Year / quarter before | Sector rank | |
|---|---|---|---|---|
| Revenue growth (TTM, YoY) | 3.0% | 0.6% | ↑ | Bottom 36% |
| EPS growth (TTM, YoY) | 26.9% | 19.9% | ↑ | Top 40% |
| Gross margin | 59.3% | 52.0% | ↑ | Bottom 36% |
| Operating margin | 22.5% | 16.0% | ↑ | Top 49% |
| Net margin | 17.2% | 14.8% | ↑ | — |
| Free-cash-flow margin | 48.5% | -12.0% | ↑ | — |
| Return on invested capital | 1.0% | — | Bottom 42% | |
| Revenue growth, 3-year CAGR | 18.5% | — | Top 36% |
Quality of earnings and balance sheet
- Cash conversion (OCF / net income)Above 1× means profits are backed by cash.
- 2.82×
- Accruals (net income − OCF) / assetsLower is better; high accruals can signal weaker earnings quality.
- -1.7%
- Stock-based compensation / revenueA cost to shareholders through dilution.
- 2.1%
- Receivables growth vs revenue growthReceivables growing much faster than sales can be a warning.
- -99.2 pp
- Net debt / EBITDABelow 1× is conservative; above 3× is high leverage.
- 15.41×
- Interest cover (operating income / interest)How many times operating profit covers interest.
- 0.6×
Shareholder returns
- Dividend yield (dividends paid, TTM)
- 2.56%
- Net buyback yield (TTM)
- 6.52%
- Shareholder yield
- 9.08%
- Share count change, 1 year
- -4.7%
- Share count change, 3-year CAGR
- -3.4%
Shareholder yield = dividends + net buybacks over the last four quarters, divided by market cap.
Based on the four quarters through Jun 30, 2026 (filed Jul 31, 2026).
Earnings and expectations
Earnings momentum
- Consecutive EPS beats
- 14
- Beats in the last 8 reports
- 8 of 8
- Average EPS surprise, last 4
- +7.7%
- Average 2-day reaction, last 8
- +0.9%
- Positive 20 days after report
- 5 of 8
Analysts
- Consensus price target
- $65.91
- Target vs current price
- +22.6%
- Analysts with a rating
- 54
- Share rating Buy or Strong Buy
- 65%
- Consensus rating
- Buy
How the stock reacted to recent reports
| Report date | EPS surprise | 2 days | 5 days | 20 days | 60 days |
|---|---|---|---|---|---|
| Jul 14, 2026 | +7.1% | +1.9% | +1.5% | +7.3% | — |
| Apr 15, 2026 | +9.9% | +1.8% | +0.2% | -4.8% | +11.8% |
| Jan 14, 2026 | +2.3% | -3.8% | -4.5% | -1.3% | -3.7% |
| Oct 15, 2025 | +11.3% | +4.4% | +2.9% | +7.1% | +11.5% |
| Jul 16, 2025 | +3.5% | -0.3% | +3.5% | +2.9% | +8.0% |
| Apr 15, 2025 | +10.2% | +3.6% | +4.5% | +20.8% | +27.4% |
| Jan 16, 2025 | +5.1% | -1.0% | -1.5% | -1.6% | -23.7% |
| Oct 15, 2024 | +5.2% | +0.5% | -0.4% | +9.9% | +7.6% |
Returns from the close before each report. Past reactions do not determine future ones.
Earnings history
| Report date | EPS | Estimate | Surprise | Revenue |
|---|---|---|---|---|
| Jul 14, 2026 | $1.21 | $1.13 | +7.1% | $31.56B |
| Apr 15, 2026 | $1.11 | $1.01 | +9.9% | $30.27B |
| Jan 14, 2026 | $0.98 | $0.96 | +2.3% | $28.37B |
| Oct 15, 2025 | $1.06 | $0.95 | +11.3% | $28.09B |
| Jul 16, 2025 | $0.89 | $0.86 | +3.5% | $26.46B |
| Apr 15, 2025 | $0.90 | $0.82 | +10.2% | $27.37B |
| Jan 16, 2025 | $0.82 | $0.78 | +5.1% | $25.35B |
| Oct 15, 2024 | $0.81 | $0.77 | +5.2% | $25.34B |
Valuation in context
| Multiple | Now | 5-year median | 5-year percentile | Sector rank (cheapness) |
|---|---|---|---|---|
| P/E (trailing) | 12.4× | 12.8× | 43th | Top 36% |
| P/E (forward) | 11.7× | — | — | — |
| EV / EBITDA | 23.8× | — | — | Bottom 36% |
| EV / Sales | 5.56× | — | — | Bottom 21% |
| Free-cash-flow yield | 24.84% | — | — | Top 11% |
| Earnings yield | 8.07% | — | — | Top 36% |
P/E over the past five years
Range 7.4× – 15.5× since Jun 30, 2021. Each point: price on the filing date divided by trailing-twelve-month EPS known then.
What moved the stock over the past year
- Price return, 1 year
- +6.1%
- Earnings per share growth (TTM)
- +26.9%
- Change in P/E multiple
- +3.3%
Most of the move came from earnings growth.
Technical state
Trend checklist
- ✗ Price above 20-day average
- ✗ Price above 50-day average
- ✗ Price above 200-day average
- ✓ 50-day average above 200-day
- ✗ MACD histogram positive
Trend quality
- Days above the 50-day average
- 0
- Days above the 200-day average
- 0
- 50-day average slope (20 days)
- -1.1%
- 200-day average slope (20 days)
- +0.9%
- Distance from 50-day average
- -11.7%
- Distance from 200-day average
- -2.8%
- RSI (14)
- 22.1
- Relative volume
- 0.91×
Risk and drawdowns
- Volatility, 60 days (annualized)
- 20.7%
- Volatility vs own 5-year history
- 18th percentile · Low for this stock
- Beta vs S&P 500 (2 years, weekly)
- 1.15
- Correlation with S&P 500
- 0.63
- Current drawdown from 1-year high
- -17.1%
- Maximum drawdown, 3 years
- -28.0%
Largest declines in the past six years
| From peak | To low | Decline | Length | Recovery |
|---|---|---|---|---|
| Feb 8, 2022 | Oct 27, 2023 | -49.0% | 432 days | 455 days (Aug 22, 2025) |
| Jan 6, 2026 | Mar 13, 2026 | -18.4% | 46 days | 68 days (Jun 22, 2026) |
| Aug 12, 2026 | Oct 1, 2026 | -17.1% | 35 days | Not yet recovered |
| Jun 4, 2021 | Jul 19, 2021 | -14.6% | 30 days | 54 days (Oct 4, 2021) |
| Jan 14, 2021 | Jan 29, 2021 | -12.8% | 10 days | 11 days (Feb 16, 2021) |
Declines of 10% or more from a closing high, measured on daily closes.
Financial statements
- Market cap
- $381.44B
- P/E (TTM)
- 12.4
- EPS, diluted (TTM)
- $4.34
- Revenue (TTM)
- $195.19B
- Dividend yield
- 2.16%
- 52-week range
- $46.12 – $65.22
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Revenue | $93.85B | $115.05B | $171.91B | $192.43B | $191.57B |
| Gross profit | $93.71B | $92.41B | $94.19B | $96.07B | $107.42B |
| Operating income | $33.98B | $30.97B | $28.34B | $29.25B | $37.70B |
| Net income | $31.98B | $27.53B | $26.52B | $27.13B | $30.51B |
| EPS (diluted) | $3.57 | $3.19 | $3.08 | $3.22 | $3.82 |
| Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $48.87B | $46.97B | $46.99B | $46.67B | $48.22B | $49.69B | $47.89B | $49.39B |
| Net income | $6.90B | $6.67B | $7.40B | $7.12B | $8.47B | $7.53B | $8.58B | $9.07B |
| EPS (diluted) | $0.81 | $0.82 | $0.90 | $0.89 | $1.06 | $0.97 | $1.11 | $1.20 |
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Operating cash flow | -$7.19B | -$6.33B | $44.98B | -$8.80B | $12.61B |
| Capital expenditure | $0 | $0 | $0 | $0 | $0 |
| Free cash flow | -$7.19B | -$6.33B | $44.98B | -$8.80B | $12.61B |
| Dividends paid | -$8.05B | -$8.58B | -$9.09B | -$9.50B | -$9.56B |
| Net share buybacks | -$25.13B | -$5.07B | -$4.58B | -$13.10B | -$18.61B |
Cash outflows are shown as negative numbers.
- Cash and short-term investments
- $28.62B
- Total assets
- $3.50T
- Total liabilities
- $3.20T
- Total debt
- $732.06B
- Net debt
- $703.44B
- Shareholders’ equity
- $301.09B
As of Jun 30, 2026 (filed Jul 31, 2026).
Dividends
| Ex-date | Amount | Paid |
|---|---|---|
| Sep 4, 2026 | $0.32 | Sep 25, 2026 |
| Jun 5, 2026 | $0.28 | Jun 26, 2026 |
| Mar 6, 2026 | $0.28 | Mar 27, 2026 |
| Dec 5, 2025 | $0.28 | Dec 26, 2025 |
| Sep 5, 2025 | $0.28 | Sep 26, 2025 |
| Jun 6, 2025 | $0.26 | Jun 27, 2025 |
| Mar 7, 2025 | $0.26 | Mar 28, 2025 |
| Dec 6, 2024 | $0.26 | Dec 27, 2024 |
Short interest
- Shares sold short
- 83,249,868
- Days to cover
- 2.39
- Change vs previous report
- +1.2%
FINRA short interest, settlement date Sep 15, 2026.
Stock splits
- Aug 30, 2004
- 2-for-1
- Feb 28, 1997
- 2-for-1
- Nov 21, 1986
- 2-for-1