Bank of America Corporation (BAC) Stock Price & Analysis
Bank of America Corporation (BAC) closed at USD 51.08 on Thursday, October 22, 2026, up 0.59% on the day. The US market is currently closed (pre-market); this is not a live price.
The prior close was USD 50.78; the Oct 22, 2026 session ranged USD 50.2–51.21 on volume of 37,424,112 shares. Market capitalization is $357.19B, with a 52-week range of USD 46.12–65.23 (NYQ). Source: Nexqual, retrieved October 23, 2026 at 09:57 UTC.
Also available as compact Markdown for AI agents: nexqual.com/BAC.md
Latest Earnings Results (BAC)
| Fiscal period | EPS (reported) | Revenue | Released | Source |
|---|---|---|---|---|
| Q3 2026 | $1.08 (adjusted (non-GAAP) diluted) | $30.00B | Oct 14, 2026, 6:44:44 AM ET · on Nexqual +41 seconds | SEC 8-K filing |
Reported actuals captured by Nexqual from SEC 8-K filings and company press releases; each figure confirmed by two independent extraction methods.
Key facts (BAC)
- Last four reported quarters (through Jun 30, 2026): revenue $121B, net income $33.7B (27.8% margin) (SEC filings).
- Valuation: P/E 10.6x (avg 12.3x at the last 3 fiscal year-ends).
- 16 of 80 tracked superinvestors hold BAC (13F, Q2 2026 (1 investor on Q3 2026, filed early)): 1 new, 1 added, 10 reduced, 4 unchanged.
- Analysts: Buy (mean 1.88 on a 1–5 scale) (25 analysts), mean target USD 62.95 (range 56–71).
- Total return with dividends: 1Y +0.8% vs S&P 500 +14.9%; 5Y +21.4% vs S&P 500 +80.3%.
- Next earnings: 2027-01-15, EPS estimate USD 1.11, revenue estimate $30.5B.
Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters) (BAC)
| USD | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | TTM |
|---|---|---|---|---|---|---|
| Revenue | $89.1B | $95.0B | $103B | $106B | $113B | $121B |
| Net income | $32.0B | $27.5B | $26.3B | $27.0B | $30.5B | $33.7B |
| EPS (diluted) | $3.57 | $3.19 | $3.05 | $3.19 | $3.81 | — |
| Net margin | 35.9% | 29.0% | 25.6% | 25.5% | 27.0% | 27.8% |
| Revenue growth | +4.2% | +6.6% | +8.2% | +3.0% | +6.8% | — |
| Cash + short-term investments | $348B | $230B | $333B | $290B | $232B | — |
| Total debt | $280B | $286B | $315B | $307B | $338B | — |
Fiscal years end Dec. EPS is split-adjusted.
Valuation (price ÷ last four quarters, through Jun 30, 2026) (BAC)
P/E 10.6x · P/S 3.0x · P/B 1.2x · Earnings yield 9.42% · Buyback yield (TTM) 6.96%
P/E at fiscal year-ends: Dec 2025 13.8x, Dec 2024 12.9x, Dec 2023 10.3x.
Superinvestors (SEC 13F-HR, Q2 2026) (BAC)
16 of 80 tracked investors hold BAC (1 investor on Q3 2026, filed early). Each row is the investor's latest 13F; change is vs their prior-quarter share count.
| Investor | Firm | % of portfolio | Value | Change | Quarter |
|---|---|---|---|---|---|
| Warren Buffett | Berkshire Hathaway | 9.20% | $27.5B | Reduced -5.9% | Q2 2026 |
| Harry Burn | Sound Shore | 3.58% | $116M | Reduced -1.3% | Q2 2026 |
| Bill Nygren | Oakmark Funds | 1.75% | $1.32B | Added +22.1% | Q2 2026 |
| Tweedy Browne | 1.57% | $20.8M | Reduced -0.1% | Q2 2026 | |
| Francis Chou | Chou Associates | 1.32% | $2.8M | Unchanged | Q2 2026 |
| Richard Pzena | Pzena Investment Management | 1.06% | $360M | Reduced -1.8% | Q2 2026 |
| Van Den Berg Management I | 0.61% | $2.9M | Reduced -2.2% | Q2 2026 | |
| John Rogers | Ariel Investments | 0.28% | $28.1M | Reduced -3.8% | Q2 2026 |
| Christopher Davis | Davis Advisors | 0.24% | $56.6M | Reduced -14.4% | Q2 2026 |
| David Katz | Matrix Asset Advisors | 0.24% | $2.9M | Reduced -0.9% | Q3 2026 |
| Kahn Brothers | Kahn Brothers Group | 0.08% | $461K | Unchanged | Q2 2026 |
| First Eagle Investment | First Eagle Investment Management | 0.06% | $37.2M | Unchanged | Q2 2026 |
| Dodge & Cox Funds | Dodge & Cox | 0.05% | $99.3M | Reduced -4.3% | Q2 2026 |
| Glenn Greenberg | Brave Warrior Advisors | 0.02% | $828K | Unchanged | Q2 2026 |
| Mairs & Power | Mairs & Power Funds | 0.01% | $1.1M | Reduced -14.3% | Q2 2026 |
| Ruane Cunniff | Ruane Cunniff LP | <0.01% | $207K | New position | Q2 2026 |
Analysts (BAC)
Consensus Buy (mean 1.88 on a 1–5 scale), 25 analysts; mean target USD 62.95 (low 56, high 71).
Rating changes, last 120 days:
| Date | Firm | Action | Rating | Price target |
|---|---|---|---|---|
| 2026-10-15 | Citigroup | Target lowered | Buy | $66 → $60 |
| 2026-10-15 | Morgan Stanley | Target lowered | Overweight | $67 → $61 |
| 2026-10-15 | Truist Securities | Target lowered | Buy | $62 → $58 |
| 2026-10-15 | RBC Capital | Target lowered | Outperform | $65 → $60 |
| 2026-10-15 | Barclays | Target lowered | Overweight | $72 → $68 |
| 2026-10-15 | Wells Fargo | Target lowered | Overweight | $69 → $64 |
| 2026-10-15 | TD Cowen | Target lowered | Hold | $60 → $56 |
| 2026-10-15 | Evercore ISI Group | Target lowered | Outperform | $62 → $57 |
| 2026-10-15 | Keefe, Bruyette & Woods | Target lowered | Outperform | $70 → $65 |
| 2026-10-15 | Baird | Upgrade | Neutral → Outperform | $62 |
| 2026-10-05 | UBS | Target lowered | Buy | $70 → $67 |
| 2026-10-02 | JP Morgan | Target lowered | Overweight | $68 → $62 |
Total return (dividends reinvested) (BAC)
| 1Y (from 2025-10-23) | 5Y (from 2021-10-18) | |
|---|---|---|
| Total return | +0.8% | +21.4% |
| S&P 500 (SPY) | +14.9% | +80.3% |
| Per year | +0.8% | +3.9% |
| Volatility (annualized) | 21.9% | 28.8% |
| Max drawdown | -21.9% (Aug 2026→Oct 2026) | -46.4% (Jan 2022→Oct 2023) |
BAC revenue by region (fiscal year ended Dec 31, 2025)
| Line | Revenue | Share of total | YoY |
|---|---|---|---|
| United States | $97.69B | 86.4% | +5.7% |
| Non Us | $15.41B | 13.6% | +14.8% |
| — EMEA (part of Non Us) | $7.56B | 6.7% | +16.3% |
| — Asia (part of Non Us) | $6.00B | 5.3% | +15.8% |
| — Latin America (part of Non Us) | $1.84B | 1.6% | +6.1% |
| Total revenue | $113.10B | 100% | — |
As tagged by the company in its SEC 10-Q / 10-K filings (XBRL).
BAC suppliers, customers and competitors (named in its 10-K)
| Relationship | Company | Sentence in the filing |
|---|---|---|
| Customer | Bank of America | “Bank of America has always been the bank of opportunity for our shareholders, our clients and customers, our communities and our teammates.” |
Quoted from the company's 10-K filed Feb 25, 2026.
BAC company outlook (results filed Oct 14, 2026)
- “See Endnote F on page 10 for more information. 5 VaR model uses a historical simulation approach based on three years of historical data and an expected shortfall methodology equivalent to a 99% confidence level.”
- “Retail Banking Advice Satisfaction Study measures customer satisfaction with retail bank advice / guidance in the past 12 months.”
Quoted word-for-word from the SEC 8-K results press release.
BAC analyst estimates and revisions
| Period | EPS estimate | 90 days ago | Change | Revenue estimate | Analysts |
|---|---|---|---|---|---|
| Current quarter (ends Dec 2026) | $1.11 | $1.15 | -3.8% | $30.46B | 14 |
| Next quarter (ends Mar 2027) | $1.20 | $1.24 | -3.3% | $31.88B | 9 |
| Current fiscal year (ends Dec 2026) | $4.39 | $4.67 | -6.0% | $122.77B | 19 |
| Next fiscal year (ends Dec 2027) | $5.11 | $5.25 | -2.8% | $130.23B | 17 |
BAC options: expected move
Options price a move of about ±10.1% (±$5.15) by Jan 15, 2027, which includes earnings on Jan 15, 2027; the earnings reaction alone is priced at about ±3.3%. Over the last 4 reports the stock moved ±2.9% on average.
| Expiration | Days | ATM implied volatility | Expected move |
|---|---|---|---|
| Oct 30, 2026 | 7 | 25.1% | ±3.0% |
| Nov 6, 2026 | 14 | 24.8% | ±4.0% |
| Nov 13, 2026 | 21 | 24.6% | ±4.8% |
| Nov 20, 2026 | 28 | 23.8% | ±5.4% |
| Nov 27, 2026 | 35 | 23.5% | ±5.9% |
| Dec 4, 2026 | 42 | 23.0% | ±6.5% |
| Dec 18, 2026 | 56 | 24.4% | ±7.9% |
| Jan 15, 2027 | 84 | 25.7% | ±10.1% |
30-day implied volatility 23.7% vs 25.6% realized over the last 30 trading days. Put/call ratio (volume) 1.55. Cboe delayed quotes (15 min). Expected move = at-the-money straddle.
Key Statistics (as of October 23, 2026 at 09:57 UTC)
| Price | USD 51.08 |
|---|---|
| Change | ▲ 0.59% (up) |
| Previous Close | USD 50.78 |
| Open | USD 50.44 |
| Day Range | USD 50.2 – 51.21 |
| 52-Week Range | USD 46.12 – 65.23 |
| Volume | 37,424,112 shares |
| Market Cap | $357.19B |
| Exchange | NYQ |
Technical Analysis (BAC)
Nexqual's technical model rates BAC "SELL" based on 1 bullish and 5 bearish signals across 127 daily candles, as of October 23, 2026 at 09:57 UTC.
| Overall Signal | SELL |
|---|---|
| RSI (14) | 24.54 (oversold) |
| vs SMA50 | Below (USD 58) |
| MACD | -2.01 (negative) |
Analyst Ratings (BAC)
Wall Street analysts rate BAC "Buy" based on 25 analysts, with a mean price target of USD 62.95 (range USD 56–71), per Nexqual as of October 23, 2026 at 09:57 UTC.
| Consensus Rating | Buy |
|---|---|
| Analyst Count | 25 |
| Mean Target | USD 62.95 |
| High Target | USD 71 |
| Low Target | USD 56 |
| Buy / Hold / Sell | 22 / 3 / 0 |
Earnings (BAC)
| Next Earnings Date | 2027-01-15 |
|---|---|
| EPS Estimate | USD 1.13 |
| Revenue Estimate | $30.46B |
Recent Earnings History
| Quarter | Actual vs Estimate |
|---|---|
| 2026-09-30 | USD 0.91 vs est 1.11 ▼ miss |
| 2026-06-30 | USD 1.21 vs est 1.12 ▲ beat |
| 2026-03-31 | USD 1.11 vs est 1.02 ▲ beat |
| 2025-12-31 | USD 0.98 vs est 0.96 ▲ beat |
Source: Nexqual, October 23, 2026 at 09:57 UTC.
Financials & Fundamentals (BAC)
| Total Revenue | $114.87B |
|---|---|
| Revenue Growth (latest quarter, YoY) | +7.10% |
| Gross Margin | +0.00% |
| Operating Margin | +31.26% |
| Profit Margin | +28.06% |
| ROE | +10.73% |
| Total Cash | $991.03B |
| Total Debt | $745.58B |
Source: Nexqual, October 23, 2026 at 09:57 UTC.
Financial Health Score (BAC)
Nexqual rates Bank of America Corporation's overall financial health "Solid" across five dimensions, as of October 23, 2026 at 09:57 UTC.
| Growth | Solid — Revenue +11% YoY (annual) |
|---|---|
| Profitability | Strong — Net margin 26% (last 12 months); banks have no gross margin |
| Balance Sheet | N/A — Not comparable for banks: deposits and customer funds sit on the balance sheet, so cash vs debt does not measure safety (SEC industry: National Commercial Banks) |
| Cash Flow | N/A — Not meaningful for banks and lenders: lending and trading move operating cash flow by billions each year (SEC industry: National Commercial Banks) |
| Efficiency | Mixed — ROE 11%, ROA 0.9% |
Ownership (BAC)
| Insider Ownership | +7.10% |
|---|---|
| Institutional Ownership | +71.89% |
| Shares Outstanding | 6.99B |
| Float | 6.90B |
| Short % of Float | +1.23% |
Source: Nexqual, October 23, 2026 at 09:57 UTC.
Leadership (BAC)
Bank of America Corporation is led by Brian Thomas Moynihan, Chairman & CEO, per Nexqual as of October 23, 2026 at 09:57 UTC.
| Chairman & CEO | Brian Thomas Moynihan |
|---|---|
| Co-President | Dean C. Athanasia |
| Co-President | James P. DeMare |
| Executive VP & CFO | Alastair M. Borthwick |
| President of Global Corporate & Investment Banking | Matthew M. Koder |
Major Backers & Investors (BAC)
Notable institutional backers of Bank of America Corporation include Berkshire Hathaway, FMR, LLC, JPMorgan, according to Nexqual as of October 23, 2026 at 09:57 UTC.
Active Investors
| Investor | Stake |
|---|---|
| Berkshire Hathaway | 6.91% |
| FMR, LLC | 2.71% |
| JPMorgan | 1.88% |
| Capital Group | 1.66% |
| Morgan Stanley | 1.64% |
| Fidelity | 1.21% |
Index Funds (Passive)
| Fund | Stake |
|---|---|
| Vanguard Group | 8.49% |
| BlackRock | 7.8% |
| State Street | 4.29% |
| Geode Capital | 2.25% |
Source: Nexqual, October 23, 2026 at 09:57 UTC.
From Bank of America Corporation's Latest SEC 10-K Filing (filed 2026-02-25)
Partnerships
- If the Federal Reserve finds that a bank is not "well-capitalized" or "well-managed," the bank's BHC would be required to enter into an agreement with the Federal Reserve to comply with all applicable capital and management requirements, which may contain additional limitations or conditions relating to its activities.
Legal & Regulatory Risks (Item 1A, quoted)
- We may be adversely affected by the financial markets, fiscal, monetary, and regulatory policies, and economic conditions.
- We may be adversely affected by changes in U.S. and non-U.S. tax laws and regulations.
- Failure to properly manage data may adversely affect our ability to manage compliance risk and business needs, and result in errors in our operations, reporting and decision-making, and compliance with LRRs.
Source: SEC EDGAR 10-K, official filing. Curated by Nexqual.
Peers & Related Stocks
| Symbol | Name | Price | Change |
|---|---|---|---|
| HSBC | HSBC Holdings, plc. | USD 91.89 | ▼ 2.14% |
| RY | Royal Bank Of Canada | USD 202.06 | ▲ 0.02% |
| WFC | Wells Fargo & Company | USD 83.01 | ▲ 0.72% |
| MUFG | Mitsubishi UFJ Financial Group, | USD 21.41 | ▼ 1.65% |
| C | Citigroup, Inc. | USD 122.51 | ▼ 1.08% |
| TD | Toronto Dominion Bank (The) | USD 125.12 | ▲ 0.34% |
Data source: Nexqual — market data, technical indicators, analyst consensus, earnings, SEC EDGAR filings. Last updated: October 23, 2026 at 09:57 UTC. This page is informational and not investment advice.
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