Bank of America BAC
- Market cap
- $353.6B
- PE
- 12.0×
- 10y median 13.5×
- Forward PE
- 10.3×
- 10y median 12.3×
- Revenue, 12 months
- n/m
- one or more of the four quarters through 2026-09-30 missing
- Net margin
- n/m
- one or more of the four quarters through 2026-09-30 missing
Bank of America trades at 12.0× trailing earnings, cheaper than 67% of the last ten years.
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 | Q3 FY26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| $22B−11% | $25.8B−2% | $25.4B+1% | $25.3B+1% | $25.3B+15% | $28.2B+9% | $27.4B+8% | $28.1B+11% | n/a | $30.3B+7% | $31.6B+15% | $30B+7% | |
| Interest expense | $21.7B+109% | $22.3B+57% | $23.2B+27% | $23.5B+22% | $21.6B−0% | $19.6B−12% | $20.2B−13% | $20.1B−14% | $18.5B−14% | $17.6B−10% | $17.8B−12% | n/a |
| Pre-tax income | $3.1B−60% | $7.3B−20% | $7.6B−6% | $7.3B−10% | $7.1B+128% | $9B+24% | $8.7B+15% | $9.5B+29% | n/a | $10.4B+16% | $11.6B+33% | $9B−5% |
| −$20M | $588M−37% | $663M+6% | $428M+46% | $443M | $1.6B+178% | $1.5B+126% | $987M+131% | n/a | $1.8B+11% | $2.5B+66% | $2B+106% | |
| Net income | $3.1B−56% | $6.7B−18% | $6.9B−7% | $6.9B−12% | $6.7B+112% | $7.4B+10% | $7.2B+4% | $8.3B+21% | $7.6B+15% | $8.6B+17% | $9.1B+27% | $6.9B−17% |
| $0.35−59% | $0.76−19% | $0.83−6% | $0.81−10% | $0.82+134% | $0.89+17% | $0.90+8% | $1.04+28% | $0.98+20% | $1.11+25% | $1.21+34% | $0.91−13% | |
| 8.1B−1% | 8B−2% | 8B−2% | 7.9B−2% | 7.8B−3% | 7.8B−3% | 7.7B−4% | 7.6B−4% | 7.5B−4% | 7.4B−5% | 7.3B−5% | 7.2B−5% |
Net income: 17 periods, Q4 FY09 to Q4 FY25: printed in the fourth-quarter results release. Q3 FY17 and Q3 FY25: the year less its other three quarters as the newest filings print them.
EPS, diluted: 3 periods, Q4 FY08 to Q3 FY25: quarter's net income to common over its shares, to the cent. 17 periods, Q4 FY09 to Q4 FY25: printed in the fourth-quarter results release.
Diluted shares: Q4 FY08: a loss quarter: its basic count, share-days: the 12-month average less the 9-month, weighted by days. 17 periods, Q4 FY09 to Q4 FY25: printed in the fourth-quarter results release.
From each company's 10-Q and 10-K filings, the newest version of each figure. Quarters are as filed (a fourth quarter is the year less its first nine months), fiscal years as the 10-K prints them, restated where a later 10-K restated them, and balance sheet lines as of the period's end. A quarter whose 10-Q isn't filed yet is from the company's results release. Growth is on the same period a year earlier. A dash is a period with no figure for the line: the filing doesn't print it, or it hasn't been read yet. Figures from older filings without data tags, and from a results release before its 10-Q, are read from the document's text and checked against it.
Estimates
Next earnings report: .
| Quarter | Revenue | Range | EPS | Range | Analysts |
|---|---|---|---|---|---|
| Q4 FY26 | $30.6B | $30.1B to $31.3B | $1.12 | $1.07 to $1.18 | 10 |
| Q1 FY27 | $32.4B | $32.2B to $32.6B | $1.21 | $1.17 to $1.27 | 7 |
| Q2 FY27 | $32.9B | $32.6B to $33.4B | $1.30 | $1.28 to $1.32 | 2 |
| Q3 FY27 | $32.8B | $32.5B to $33.3B | $1.29 | $1.27 to $1.31 | 2 |
| Q4 FY27 | $32.6B | $32.3B to $33.1B | $1.31 | $1.30 to $1.34 | 5 |
| Q1 FY28 | $34.6B | $34.2B to $35.1B | $1.40 | $1.38 to $1.43 | 6 |
| Q2 FY28 | $34.7B | $34.4B to $35.2B | $1.45 | $1.43 to $1.47 | 5 |
| Q3 FY28 | $34.8B | $34.4B to $35.3B | $1.47 | $1.45 to $1.50 | 4 |
Peers
Companies in Banks - Diversified nearest Bank of America's size, closest first.
| Company | Market cap | PE | Its 10y median PE | Fwd PE | P/S | Revenue growth | Net margin |
|---|---|---|---|---|---|---|---|
| BACBank of America | $353.6B | 12.0× | 13.5× | 10.3× | n/m | n/m | n/m |
| WFCWells Fargo | $249.1B | 11.6× | 12.7× | 10.5× | n/m | +5% | 26.3% |
| CCitigroup | $202.3B | 11.8× | 10.5× | 9.9× | n/m | +10% | 20.8% |
| JPMJPMorgan Chase | $881.4B | 13.9× | 12.9× | 13.2× | n/m | +13% | 32.5% |
| USBU.S. Bancorp | $92.8B | 11.9× | 12.6× | 10.9× | n/m | +7% | 27.6% |
| Peer median | $225.7B | 11.8× | 12.6× | 10.7× | n/a | +8% | 27.0% |
Investors who own it
Investors we follow who held Bank of America at the end of Jun 30, 2026, from their 13F filings.
- Warren BuffettBerkshire Hathaway9.2% of portfoliotrimmed
- Bill NygrenHarris Associates (Oakmark)1.8% of portfolioadded
- Ron BaronBaron Capital0.0% of portfolioadded
- Ruane, Cunniff & GoldfarbRuane, Cunniff & Goldfarb (Sequoia Fund)0.0% of portfolionew
More on Bank of America
Each number over time
- PE ratio
- Forward PE
- Price to book ratio
- Dividend yield
- Market cap
- Revenue
- EPS
- Profit margin
- Shares outstanding
Its groups
About
- Chief executive
- Brian Moynihan, since 2010Came with FleetBoston in 2004, CEO since 2010. Source
- Industry
- Banks - Diversified
- Sector
- Financial Services
Valuation data, not investment advice. Prices as of .