BAC Bank of America Corporation
Bank of America Corporation (BAC) trend channel, buy level and 3-month target on Trade The Path. Sector: Financial Services. Listed on NYSE. Levels below are fitted to this ticker's own swing highs and lows (Theil–Sen, log-price), then projected 3 months. On this symbol, 7 comparable calls have settled; 71.4% reached the published sell target. Information only, not financial advice.
Broken down below
Price has closed below the channel. Support has failed — treat the buy target with caution.
Read from the last 9 months of history we hold: rising, drifting +37% a year. The nearest ceiling overhead is US$68.03. What would overturn this: a close below US$63.48 — the floor of the channel being read — after which the trend, not the entry, is what was wrong.
- 9 months read from
- US$63.48 – US$68.03 Rising channel, +37% a year
- Position in that channel
- -123% below the floor of it — 0% is the floor, 100% the ceiling
Price history, with the path projected 3 months forward
- Daily close
- Upper trend line (9 months)
- Lower trend line (9 months)
- Dashed after today: projected 3 months
- Our buy
- Our target
Our target
No published call today because price has broken 9.4% below the channel floor, which is a fall out of the trend rather than a dip within it. No alerts are sent. The buy and target below are still this site's read of the fitted channel.
Buy now
US$57.89
last close · 16 Sept 2026
Channel buy is US$63.50; last close is the better price available now.
Our target
US$76.90
by 16 Dec 2026
Projected move
32.8%
gross, before costs
Last close is our buy — the best price available now.
On this stock's own history these rules produced 7 settled calls, of which 5 reached target (71.4%), with an average best move of 7.6%. See the full record.
- Upper line touches
- 2
- Lower line touches
- 2
- Fit confidence
- 69%
- Fitted
- 16 Sept 2026
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 pillar scores, computed from the fundamentals below. They are not Morningstar ratings — that data is licensed and we do not redistribute it.
- Valuation
- 66/100
- Profitability
- 56/100
- Financial health
- 1/100
- Cash generation
- 100/100
Key statistics
- Market cap
- US$443.04B
- Enterprise value
- US$1.15T
- Beta
- 1.17
- Avg volume
- 33.92M
- Revenue per share
- 27.29
- Dividend yield
- 1.79%
- 52-week range
- 46.12-65.23
- Exchange
- NYSE
Key ratios
- P/E (TTM)
- 14.16
- PEG
- 0.52
- Price / sales
- 2.27
- Price / book
- 1.48
- EV / EBITDA
- 25.12
- Gross margin
- 59.32%
- Operating margin
- 22.47%
- Net margin
- 17.24%
- Current ratio
- 0.07
- Quick ratio
- 0.07
- Debt / equity
- 2.43
- Interest cover
- 0.59
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$4.64 | US$124.06B | 15 |
| 2027 | US$5.26 | US$130.50B | 15 |
| 2028 | US$5.89 | US$136.35B | 7 |
| 2029 | US$6.82 | US$133.40B | 2 |
Analyst view
- Target (mean)
- US$66.00
- Target (high)
- US$75.00
- Target (low)
- US$59.00
- Strong buy
- 0
- Buy
- 35
- Hold
- 18
- Sell
- 1
Trend lines are fitted statistically to past swing highs and lows and projected forward on the assumption the same rhythm continues. It often does not. This is information, not advice.