Bank of America Corporation
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Range $59 – $75
Price Chart
About the company
Operating globally through its various subsidiaries, Bank of America Corporation offers a comprehensive range of banking and financial products and services. Its extensive clientele includes individual consumers, small and mid-market businesses, institutional investors, large corporations, and government bodies worldwide. The Consumer Banking division provides diverse options such as traditional and money market savings accounts, certificates of deposit, individual retirement accounts (IRAs), and both interest-bearing and non-interest-bearing checking accounts, in addition to investment products.
- CEO
- Brian T. Moynihan
- IPO
- 1973
- Employees
- 211,000
- HQ
- Charlotte, NC, US
AI snapshot
Six angles, distilled from the data.
BAC is in a long consolidation below its 200-day average after failing to sustain a run toward the 52-week high. The setup is still constructive versus the low, but the stock needs a clean reclaim of longer-term trend levels to shift from range-bound to trending.
Wall Street stays constructive: the consensus is Buy with a $66 target, above the last close and near the middle of a $59 to $75 range. Recent changes are mostly reaffirmations and target raises, with only one downgrade to Perform, which points to steady but not euphoric sentiment.
BAC has a strong beat streak, with 7 straight quarters of earnings beats and recent surprises of 7.1%, 8.8%, and 2.1%. Next-year EPS estimates continue to rise to 5.27, so shareholders should watch whether loan growth, trading, and expense control keep that cadence intact.
The pattern is net selling, but the signal is muted because the activity is dominated by CEO Brian Moynihan's repeated automatic M-Exempt and D-Return filings. No discretionary insider buying stands out, and the only other activity is a small officer transaction from the Chief Accounting Officer.
Profitability is solid for a large bank, with ROE at 11.2% and net margin at 29.5%. Growth is still healthy, with revenue up 16.8% year over year and earnings up 34.1%, while free cash flow was $12.6 billion in 2025.
BAC screens as a diversified money-center bank with scale across consumer, wealth, banking, and markets, which supports steadier earnings than more concentrated peers. At 12.61x earnings, valuation looks reasonable versus the sector, especially with a 3.25% FCF yield and a large capital base.
Similar companies
Peers in the same neighborhood.
- Market Cap
- $385.49B
- P/E
- 12.32
- Fwd P/E
- 11.88
- PEG
- 0.45
- P/S
- 1.98
- P/B
- 1.29
- EV/EBITDA
- 23.86
- Div Yield
- 2.13%
- Gross Margin
- 59.32%
- Op Margin
- 22.47%
- Net Margin
- 17.24%
- ROE
- 11.13%
- ROIC
- 0.96%
Latest fiscal year · YoY change
- Revenue
- $191.57B-0.5%
- Gross Profit
- $107.42B+11.8%
- Op Income
- $37.70B
- Net Income
- $30.51B+12.4%
- EPS
- $3.88+19.4%
- OCF Growth
- +243.2%
- FCF Growth
- +243.2%
- 52W High
- $65.23
- 52W Low
- $46.12
- 50D MA
- $60.71
- 200D MA
- $55.30
- Beta
- 1.16
- RSI (14)
- 27
- Avg Volume
- 33.42M
Earnings call summaries
Pick a quarter — each call distilled into takeaways, results, and a bull vs bear read.
Bank of America reported a strong quarter with broad-based revenue growth, 34% EPS growth, and raised confidence in full-year NII and operating leverage.· July 14, 2026
- Revenue rose 15% year over year to $31.6 billion; net income increased 27% to $9.1 billion and EPS grew 34% to $1.21.
- Operating leverage was 6.6% in the quarter and efficiency improved to 59%; full-year operating leverage is now expected at 300-400 basis points.
- NII was about $16.2 billion, up 9% year over year, and management now expects full-year 2026 NII growth at the upper end of 6%-8%.
- Deposits and loans both grew: average deposits were $2.02 trillion, average loans and leases were $1.2 trillion, and average deposits marked the 12th straight quarter of growth.
- Capital and returns remained strong, with ROTCE at 17%, CET1 at 11.2%, and $8 billion returned to shareholders in the quarter.
Bank of America reported second-quarter revenue of $31.6 billion, up 15% year over year, net income of $9.1 billion, up 27%, and EPS of $1.21, up 34%. NII on an FTE basis was approximately $16.2 billion, up $253 million from Q1 and $1.3 billion, or 9%, from a year ago. The efficiency ratio improved to 59%, operating leverage was 6.6%, and return on tangible common equity was 17%. Average deposits were $2.02 trillion, up $49 billion or 2.5% year over year, and average loans and leases were $1.2 trillion, up $88 billion or 8% year over year. For full-year 2026, management expects NII growth at the upper end of the 6%-8% range and operating leverage of 300-400 basis points.
Brian Moynihan emphasized broad-based strength across every business, saying revenue and net income increased in every segment and that organic growth, operating leverage, and efficiency gains were consistent across the franchise. He highlighted record or near-record performance in several areas, including investment banking, markets, and wealth, and framed AI as a long-term productivity and client-service lever with over 300 approved use cases and more than 400,000 prompts a day. His tone was confident and constructive, repeatedly stressing the company’s scale, diversified growth, and strong returns.
Alastair Borthwick focused on balance sheet strength, deposit mix, loan growth, and the drivers of NII. He cited average deposits of $2.02 trillion, average loans and leases of $1.2 trillion, a CET1 ratio of 11.2%, RWA of $1.8 trillion, and provision expense and net charge-offs of about $1.4 billion each, both roughly unchanged from Q1. He also said non-interest expense was about $18.6 billion, up about $100 million sequentially and $1.4 billion year over year, and explained the higher full-year operating leverage outlook by pointing to stronger-than-expected first-half performance and continued revenue momentum.
Analysts pressed on deposit pricing, the sustainability of operating leverage, and whether the NII guide was conservative. Management said deposit mix is the key driver, with growth in operating accounts and non-interest-bearing balances helping offset competitive pricing, and reiterated that the updated NII guide assumes modest deposit growth, continued loan growth, and some benefit from repricing. They also said markets NII should be flat to slightly down, while most NII growth should come from Global Banking books and balance sheet optimization, including paying down repo and institutional CDs over time.
The call pointed to broad-based momentum: double-digit revenue growth, strong fee income, resilient lending, and record performance in wealth and markets. Management sounded increasingly confident that NII, returns, and operating leverage can stay strong even with tougher second-half comps, supported by deposit mix, loan growth, and AI-driven productivity gains.
Management acknowledged tougher second-half comps for NII and operating leverage, and said some market-related NII could be flat to slightly down. They also flagged competitive deposit pricing, seasonal deposit outflows, isolated commercial credit losses, and macro risks such as inflation, tighter policy, and geopolitical uncertainty affecting capital markets activity.
AI summary of the company's earnings call · Paraphrased · Not investment advice
- Free Float
- 99.7%
- Shares Outstanding
- 7.10B
- Float Shares
- 7.08B
of shares held by institutions
3,625 13F filers
Buy/sell ratio 0.50. Sells can include pre-scheduled 10b5-1 plan sales, not just discretionary selling.
Congressional trading
Senate and House stock disclosures for BAC, newest first.
| Member | Type | Traded | |
|---|---|---|---|
| Ro KhannaHouse · CA17 | Buy | Jul 7, 26 | Filing → |
| Alan ArmstrongSenate | Buy | Mar 27, 26 | Filing → |
| James A. HimesHouse · CT04 | Sell | Jul 20, 26 | Filing → |
| Laurel LeeHouse · FL15 | Sell | Jun 2, 26 | Filing → |
| Tim WalbergHouse | Buy | Feb 7, 25 | Filing → |
| Ro KhannaHouse · CA17 | Sell | Jan 29, 26 | Filing → |
| Julie JohnsonHouse · TX32 | Sell | Dec 18, 25 | Filing → |
| Julie JohnsonHouse · TX32 | Sell | Nov 13, 25 | Filing → |
| Lisa C. McClainHouse · MI09 | Sell | Oct 30, 25 | Filing → |
| Lisa C. McClainHouse · MI09 | Sell | Oct 31, 25 | Filing → |
| Lisa C. McClainHouse · MI09 | Buy | Oct 30, 25 | Filing → |
| Ro KhannaHouse · CA17 | Buy | Oct 27, 25 | Filing → |
| Val HoyleHouse · OR04 | Sell | Sep 23, 25 | Filing → |
| Ro KhannaHouse · CA17 | Sell | Sep 5, 25 | Filing → |
Source: public STOCK Act disclosures. Filed weeks after the trade — a lagging signal, not a real-time one.
Top institutional holders
Largest 13F positions, with quarter-over-quarter change.
| Holder | Shares | Δ Quarter |
|---|---|---|
| Vanguard Group Inc | 651.08M | ▲ 23.35M |
| Blackrock, Inc. | 545.68M | ▲ 6.43M |
| Berkshire Hathaway Inc | 483.39M | ▼ 30.23M |
| Vanguard Capital Management LLC | 421.83M | ▲ 12.12M |
| State Street Corp | 299.78M | ▲ 4.87M |
| Fmr LLC | 189.18M | ▼ 9.30M |
| Vanguard Portfolio Management LLC | 172.34M | ▲ 8.91M |
| Geode Capital Management, LLC | 157.61M | ▼ 317.94K |
| Jpmorgan Chase & Co | 131.58M | ▼ 688.63K |
| Capital World Investors | 115.85M | ▼ 28.44M |
| Morgan Stanley | 114.60M | ▲ 5.93M |
| Price T Rowe Associates Inc | 87.46M | ▼ 12.12M |
Held by 2,380 ETFs
Biggest fund positions in BAC by dollar value.
Recent insider transactions
Who's buying, who's selling, and how much.
| Date | Insider | Type | Shares |
|---|---|---|---|
| Sep 15, 26 | MOYNIHAN BRIAN T | other | 18,082 |
| Sep 15, 26 | MOYNIHAN BRIAN T | sell | 18,082 |
| Sep 15, 26 | MOYNIHAN BRIAN T | other | 18,082 |
| Mar 10, 26 | Okpara Johnbull | other | 50 |
| Mar 1, 25 | Okpara Johnbull | other | 0 |
| Aug 15, 26 | MOYNIHAN BRIAN T | other | 18,083 |
| Aug 15, 26 | MOYNIHAN BRIAN T | sell | 18,083 |
| Aug 15, 26 | MOYNIHAN BRIAN T | other | 18,083 |
| Jul 15, 26 | MOYNIHAN BRIAN T | other | 18,083 |
| Jul 15, 26 | MOYNIHAN BRIAN T | sell | 18,083 |
A “Sell” may be a pre-scheduled 10b5-1 plan sale rather than a discretionary decision — read insider selling with that in mind.
Our BAC coverage
Recent articles, reports, and earnings notes.

Bank of America (BAC): Strong Momentum, Limited Upside
Bank of America posted broad-based Q2 growth, with EPS up 34% and revenue rising 15%, but the stock already trades near its 52-week high. Our Hold view reflects solid fundamentals balanced against a valuation that leaves limited room for disappointment.

Bank of America Corporation (BAC) drops 5.2% on rate shock
Bank of America Corporation (BAC) drops sharply as a surge in Treasury yields pressures financial stocks and sparks broad risk-off selling. The move comes despite solid recent earnings and strong franchise fundamentals, suggesting today’s decline is driven more by macro fears than a company-specific setback.

A weak jobs report helps growth stocks, not bank stocks
The July employment miss strengthens the case for rate-sensitive growth, but it is not a blanket bullish signal for financials. Lower rates may lift brokerage activity while slower hiring simultaneously pressures loan demand, margins, and credit quality at traditional banks.
Want a deeper read on BAC?
Generate a full analyst-grade report — bull/bear case, price targets, valuation depth, and a complete financial breakdown.
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Headlines from third-party outlets — TickerSpark isn't affiliated with these sources.
AI analysis · Last refreshed September 30, 2026 · Live quote · Not investment advice