Bank of America Corporation BAC
Banks - Diversified, Financial Services
$53.52
−1.05%
- Market cap
- $374.3B
- PE
- 12.3×
- 10y median 13.3×
- Forward PE
- Revenue, 12 months
- $119.2B
- +8% on a year ago
- Net margin
- 28.2%
Bank of America trades at 12.3× trailing earnings, near its ten-year median. Revenue was $119.2B over the last twelve months, up 8% on a year earlier with a 28% net margin.
Charts
Financials
| Income statement | Q4 FY23 | Q1 FY24 | Q2 FY24 | Q3 FY24 | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| $26.1B | $25.8B | $25.4B | $25.3B | $29.3B+12% | $28.2B+9% | $27.4B+8% | $26.2B+4% | $31.2B+6% | $30.3B+7% | $31.6B+15% | |
| SG&A | $11.6B | $13.8B | $12.1B | $12.1B | $12.3B+6% | $13.4B−3% | $12.9B+7% | $13B+7% | $13B+5% | $14B+5% | $12.9B+0% |
| $3.1B | $7.3B | $7.6B | $7.3B | $7.1B+128% | $8.1B+12% | $7.7B+2% | $9.5B+29% | $12.4B+75% | $10.4B+28% | $11.6B+50% | |
| Interest expense | $21.7B | $22.3B | $23.2B | $23.5B | $21.6B−0% | $19.6B−12% | $20.2B−13% | $20.1B−14% | $18.5B−14% | $17.6B−10% | $17.8B−12% |
| Pre-tax income | $7.3B | $7.3B | $7.6B | $7.3B | $11.1B+52% | $9B+24% | $8.7B+15% | $7.6B+4% | $12.4B+12% | $10.4B+16% | $11.6B+33% |
| $4.4B | $588M | $663M | $428M | $4.6B+4% | $1.6B+178% | $1.5B+126% | −$856M | $4.9B+7% | $1.8B+11% | $2.5B+66% | |
| Net income | $2.9B | $6.7B | $6.9B | $6.9B | $6.5B+122% | $7.4B+10% | $7.2B+4% | $8.5B+23% | $7.5B+16% | $8.6B+17% | $9.1B+27% |
| $0.35 | $0.76 | $0.83 | $0.81 | $0.82+134% | $0.89+17% | $0.90+8% | $1.06+31% | $0.97+18% | $1.11+25% | $1.21+34% | |
| 8.1B | 8B | 8B | 7.9B | 7.8B−3% | 7.8B−3% | 7.7B−4% | 7.6B−4% | 7.5B−4% | 7.4B−5% | 7.3B−5% |
From each company's 10-Q and 10-K filings. Fiscal years are four fiscal quarters added up; balance sheet lines are as of the period's end. Growth is on the same period a year earlier.
Estimates
Next earnings report: .
Analyst consensus for the next eight quarters, with the range from the lowest to the highest estimate, is part of Superworth Pro.
Peers
Companies in Banks - Diversified within ten times Bank of America's size, closest in size first.
| Company | Market cap | PE | Its 10y median PE | Fwd PE | P/S | Revenue growth | Net margin |
|---|---|---|---|---|---|---|---|
| BACBank of America Corporation | $374.3B | 12.3× | 13.3× | — | +8% | 28.2% | |
| WFCWells Fargo & Company | $242.7B | 11.6× | 12.5× | — | +6% | 26.0% | |
| CCitigroup Inc. | $213.6B | 13.7× | 10.4× | — | +10% | 19.5% | |
| JPMJPMorgan Chase & Co. | $876.1B | 14.1× | 12.7× | — | +14% | 32.6% | |
| USBU.S. Bancorp | $87.5B | 11.2× | 12.6× | — | +7% | 27.5% | |
| Peer median | $228.1B | 12.7× | 12.5× | — | +8% | 26.8% |
About
- Chief executive
- Brian Moynihan, since 2010Came with FleetBoston in 2004, CEO since 2010. Source
- Industry
- Banks - Diversified
- Sector
- Financial Services
- Left out
- Banks earn on their balance sheet: P/S, gross margin, free cash flow and EV/EBIT don't describe them.
Valuation data, not investment advice. Prices as of .