Bank of America Corp BAC

What the company does

Bank of America Corp is a mega-cap company in the Financial Services sector (Banks - Diversified), with a market value of $353.6B, based in the USA.

It employs about 209,911 people and has been listed since Jan 13, 1978.

Bank of America Corporation, through its subsidiaries, provides various financial products and services for individual consumers, small and middle-market businesses, institutional investors, large corporations, and governments worldwide. It operates through four segments: Consumer Banking, Global Wealth & Investment Management (GWIM), Global Banking, and Global Markets. The Consumer Banking segment offers traditional and money market savings accounts, certificates of deposit and IRAs, checking accounts, and investment accounts and products; credit and debit cards; residential mortgages and home equity loans; and direct and indirect loans.

Cheap or expensive? priced in line with its group

Its price-to-earnings (P/E) is 12.1 versus 13.2 for 4 direct peers — priced in line with its group.

Revenue is growing 7% versus the same quarter last year.

On analysts' next-year forecasts the multiple drops to 11.1 — they expect higher earnings.

The average analyst price target is 62.95, 24% above the current price (their view, not ours).

The stock sits at 26% of its one-year range (0% = the low, 100% = the high).

The risks

• • Net debt is 1.2× shareholders' equity — high leverage.

Strengths

• ✅ Profitable — 24 of every 100 dollars of revenue stays as profit.
• ✅ Buys back its shares (4% fewer shares in a year).
• ✅ Most analysts rate it buy (22 vs 0).
• ✅ Pays a dividend (2.3% a year).

What changed this week

Over the past week the stock fell 1.3% (for comparison: S&P 500 -0.4%, sector ETF XLF +0.7%).

This week's news

• 3 Great Value Stocks To Own In October 2026 finance.yahoo.com · 2026-10-23
  What the article says

  Oil is back in the spotlight, with Brent crude around wartime peaks as Middle East supply risks flare up again. Higher energy and transport costs are pressuring company budgets, yet some businesses still generate solid cash inflows that the market is not fully pricing. This article highlights three stocks that appear… source ↗

• ASML (ENXTAM:ASML) Stock Fair Value Edges Higher After Mixed Analyst Revisions finance.yahoo.com · 2026-10-23
  What the article says

  Price targets for ASML Holding have shifted, with fair value moving from €2,051.09 to €2,107.73, signalling a slightly higher valuation anchor for the stock. Recent analyst updates show price targets moving both higher and lower, yet many still sit above this fair value estimate and reflect an active debate around how… source ↗

• Allegion's Volume Growth Could Drive Re-Rating as Recovery Builds, BofA Says finance.yahoo.com · 2026-10-23
  What the article says

  Allegion (ALLE) is showing signs of an organic growth inflection that could support a higher valuati PREMIUM Upgrade to read this MT Newswires article and get so much more. A Silver or Gold subscription plan is required to access premium news articles. Upgrade Already have a subscription? Sign in source ↗

• BC-Most Active Stocks finance.yahoo.com · 2026-10-23
  What the article says

  NEW YORK (AP) — prices for the Nasdaq composite, NYSE and NYSE American listed most active stocks. Nasdaq most active stocks: Stock Name Volume High Low Last Change 22nd Century Group Inc. 180,237,105 0.345 0.2356 0.2443 +0.0286 Lucid Diagnostics Inc. 67,595,303 0.4525 0.3912 0.4243 +0.0966 Algorhythm Holdings Inc.… source ↗

• BofA names Meta a top AI pick, raises price target on stronger ad growth finance.yahoo.com · 2026-10-23
  What the article says

  Investing.com -- Meta Platforms' expanding artificial intelligence ambitions are creating new avenues for revenue growth beyond advertising, prompting Bank of America to raise its price target on the social media company and reaffirm it as a top AI investment pick. Still guessing which stocks will beat the market? Our… source ↗

• BofA Names Preferred Picks Among European Chipmakers Ahead of Earnings finance.yahoo.com · 2026-10-23
  What the article says

  Investing.com -- Ahead of earnings, BofA Securities prefers STMicroelectronics NV (EPA:STMPA), Infineon (ETR:IFXGn), Tower Semiconductor (TASE:TSEM) and Nordic Semiconductor (OL:NOD) over Melexis. Still guessing which stocks will beat the market? Our AI portfolio updates monthly and is outperforming the S&P 500 by… source ↗

What changed since last week

• No longer a strength: revenue growth.

• The average analyst target moved from 66.59 to 62.95.