BAC Bank of America Corporation
Trend channel, buy level and 3-month target. Information only, not financial advice.
At the channel floor · 12-month channel rising
Price is on the lower line, where it has held before.
- 12-month channel
- US$49.22 – US$61.05 · rising, +13% a year
- Price in channel
- 6.6% (0% = floor, 100% = ceiling)
- Ceiling overhead
- US$61.05
- Turns bearish below
- US$49.22
What broke this trend
- The fall
- -23% from US$64.8112 Aug 2026 → 30 Oct 2026
- Whose problem it was
- This company1 of 6 Banks - Diversified peers fell with it
- Does it resolve?
- Temporary falls like it have resolved on the record
- Regained so far
- 0%of what it lost
- What the record says
- 83% of 10 comparable falls came back, typically in 80 days measured on its own peer group
Fell -23% (12 Aug 2026 → 30 Oct 2026); regained 0% so far; company-specific.
Reported at the time: Bank Of America Announces Deal To Acquire Up To 49.9% Of Jio Financial's Jio Credit For Up To $1.9B; Initial Equity Interest Of 26.5% — 12 Aug 2026
Price history, with the path projected 3 months forward
Updated 2:31 PM ET (21 h ago)
- Daily close
- Upper trend line (12 months)
- Lower trend line (12 months)
- Dashed after today: projected 3 months
- Our buy
- Our target
Suggested path
Buy now
US$50.01
last close · 30 Oct 2026
Our target
US$59.35
by 18 Jan 2027
Projected move
18.7%
gross, before costs
Last close is our buy.
Target: BAC's usual move size.
This move size: reached in 54% of 10 past stretches, typically in 32 days. (0.25% per day)
8 settled calls · 4 reached target (50%) · average best move 7.7%. See the full record.
- Upper line touches
- 2
- Lower line touches
- 4
- Fit confidence
- 64%
- Fitted
- 1 Nov 2026
Company information
About Bank of America Corporation
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. This segment also issues credit and debit cards, originates residential mortgages and home equity loans, and offers direct and indirect financing for needs like automotive purchases, recreational vehicles, and personal loans. Within its Global Wealth & Investment Management segment, the company delivers investment management, brokerage, banking, and trust and retirement solutions. It also crafts tailored wealth management strategies, including specialized asset management services. The Global Banking segment furnishes a broad spectrum of lending products, including commercial loans, leases, commitment facilities, trade finance, and both commercial real estate and asset-based lending. Furthermore, it provides treasury solutions such as cash management, foreign exchange, short-term investment options, and merchant services, alongside working capital management guidance. This segment also engages in debt and equity underwriting, distribution, and advisory services related to mergers and acquisitions. Through its Global Markets segment, Bank of America performs market-making activities, offers financing, and provides securities clearing, settlement, and custody services. It also devises risk management products employing interest rate, equity, credit, currency, and commodity derivatives, as well as foreign exchange, fixed-income, and mortgage-related instruments. As of December 31, 2021, the corporation served approximately 67 million consumer and small business clients. Its widespread infrastructure comprised around 4,200 retail financial centers and approximately 16,000 ATMs, supplemented by digital banking platforms utilized by roughly 41 million active users. Founded in 1784, Bank of America is headquartered in Charlotte, North Carolina.
- Sector
- Financial Services
- Industry
- Banks - Diversified
- CEO
- Brian T. Moynihan
- Employees
- 211,000
- Country
- US
Scorecard
Our own scores from the fundamentals below (not Morningstar ratings).
- Valuation
- 82/100
- Profitability
- 55/100
- Financial health
- 16/100
- Cash generation
- 100/100
Key statistics
- Market cap
- US$357.19B
- Enterprise value
- US$711.20B
- Beta
- 1.21
- Avg volume
- 35.89M
- Revenue per share
- 27.23
- Dividend yield
- 2.27%
- 52-week range
- 46.12-65.23
- Exchange
- NYSE
Key ratios
- P/E (TTM)
- 11.99
- PEG
- 0.83
- Price / sales
- 1.83
- Price / book
- 1.23
- EV / EBITDA
- 15.66
- Gross margin
- 60.43%
- Operating margin
- 22.40%
- Net margin
- 16.49%
- Current ratio
- 0.43
- Quick ratio
- 0.43
- Debt / equity
- 1.28
- Interest cover
- 0.61
Income statement
| Year | Revenue | Gross profit | Operating income | Net income | EPS |
|---|---|---|---|---|---|
| 2025 | US$191.57B | US$107.42B | US$37.70B | US$30.51B | US$3.82 |
| 2024 | US$192.43B | US$96.07B | US$29.25B | US$27.13B | US$3.22 |
| 2023 | US$171.91B | US$94.19B | US$28.34B | US$26.52B | US$3.08 |
| 2022 | US$115.05B | US$92.41B | US$30.97B | US$27.53B | US$3.19 |
| 2021 | US$93.85B | US$93.71B | US$33.98B | US$31.98B | US$3.57 |
Balance sheet
| Year | Total assets | Total liabilities | Total equity |
|---|---|---|---|
| 2025 | US$3.41T | US$3.11T | US$303.24B |
| 2024 | US$3.26T | US$2.97T | US$295.56B |
| 2023 | US$3.18T | US$2.89T | US$291.65B |
| 2022 | US$3.05T | US$2.78T | US$273.20B |
| 2021 | US$3.17T | US$2.90T | US$270.07B |
Cash flow
| Year | Operating cash flow | Free cash flow | Net income |
|---|---|---|---|
| 2025 | US$12.61B | US$12.61B | US$30.51B |
| 2024 | -US$8.80B | -US$8.80B | US$27.13B |
| 2023 | US$44.98B | US$44.98B | US$26.52B |
| 2022 | -US$6.33B | -US$6.33B | US$27.53B |
| 2021 | -US$7.19B | -US$7.19B | US$31.98B |
EPS forecasts
| Period | Est. EPS | Est. revenue | Analysts |
|---|---|---|---|
| 2024 | US$3.20 | US$102.05B | 13 |
| 2025 | US$3.81 | US$110.58B | 15 |
| 2026 | US$4.40 | US$122.77B | 16 |
| 2027 | US$5.12 | US$130.49B | 14 |
| 2028 | US$5.79 | US$136.64B | 10 |
| 2029 | US$6.82 | US$133.40B | 4 |
Analyst view
- Target (mean)
- US$66.00
- Target (high)
- US$75.00
- Target (low)
- US$60.00
- Strong buy
- 0
- Buy
- 35
- Hold
- 18
- Sell
- 1
Trend lines are fitted to past swing highs and lows and may not continue. Information only, not financial advice.