Bank of America Corp
Bank of America Corp (BAC) is listed on NYSE and classified in Banks - Diversified, part of the Financial Services sector. It is headquartered in Charlotte, United States and has 209,911 employees. The company is worth $357.19B and trades at 12.1x its earnings of the last twelve months; the median for its sector is 13.2x. Revenue was $113.1B in fiscal 2025, up 6.8% from the year before. Net income was $30.51B. The share price is 21.7% below its 52-week high of $65.23. It pays a dividend yielding 2.51%, and has raised its annual dividend for 12 years in a row in our records. 7 of the 38 superinvestors we track held it at the end of Q2 2026. The largest position belongs to Warren Buffett (Berkshire Hathaway), at $27.54B. In that quarter, 2 of them opened or added to the position and 5 reduced it. No open-market insider trades in it were filed over the last 30 days.
Written from the data on this page: SEC filings (13F, Form 4, annual reports) and market prices.
Articles on this site that cover Bank of America Corp.
Year by year, from the annual reports; dividends from the payments themselves.
Bars are year-end balances; lines are what happened during the year.
Major managers that reported this stock in their latest 13F.
▲ +15.2% over 5Y.
today you would have $1,211.83▲ +21.2%
Dividends reinvested, splits accounted for. Past prices say what happened, not what will.
The last 19 closed years, each at that year’s closing price and reported numbers.
| Indicator | Median | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Year-end price | $55.00 | $43.95 | $33.67 | $33.12 | $44.49 | $30.31 | $35.22 | $24.64 | $29.52 | $22.10 | $16.83 | $17.89 | $15.57 | $11.61 | $5.56 | $13.34 | $15.06 | $14.08 | $41.26 | |
| P/E | 14.1x | 14.4x | 13.8x | 11.0x | 10.4x | 12.5x | 16.2x | 12.8x | 9.4x | 18.9x | 14.8x | 12.8x | 42.6x | 17.3x | 46.4x | 556.0x | — | — | 26.1x | 12.5x |
| P/S | 2.6x | 3.5x | 3.2x | 2.6x | 2.8x | 4.0x | 3.1x | 3.4x | 2.6x | 3.5x | 2.6x | 2.1x | 2.2x | 1.9x | 1.5x | 0.6x | 1.2x | 1.3x | 1.0x | 2.8x |
| P/B | 0.9x | 1.3x | 1.1x | 0.9x | 1.0x | 1.3x | 1.0x | 1.2x | 0.9x | 1.1x | 0.8x | 0.7x | 0.8x | 0.7x | 0.5x | 0.3x | 0.6x | 0.7x | 0.4x | 1.3x |
| EPS | $3.81 | $3.19 | $3.05 | $3.19 | $3.57 | $1.87 | $2.75 | $2.61 | $1.56 | $1.49 | $1.31 | $0.42 | $0.90 | $0.25 | $0.01 | -$0.37 | -$0.29 | $0.54 | $3.29 | |
| Dividend yield | 1.75% | 1.96% | 2.28% | 2.73% | 2.60% | 1.75% | 2.38% | 1.87% | 2.19% | 1.32% | 1.13% | 1.19% | 0.67% | 0.26% | 0.34% | 0.72% | 0.30% | 0.27% | 15.91% | 5.82% |
| Payout | 26.96% | 28.35% | 31.35% | 30.16% | 26.96% | 21.85% | 38.50% | 24.00% | 20.69% | 25.00% | 16.78% | 15.27% | 28.57% | 4.44% | 16.00% | 400.00% | — | — | 414.81% | 72.95% |
| Profit margin | 20.93% | 26.98% | 25.48% | 25.60% | 28.99% | 35.88% | 20.92% | 30.06% | 30.92% | 20.93% | 21.29% | 19.18% | 6.43% | 12.85% | 5.03% | 1.55% | -2.03% | 5.25% | 5.51% | 22.42% |
| ROE | 6.70% | 10.06% | 9.18% | 9.06% | 10.08% | 11.84% | 6.56% | 10.36% | 10.61% | 6.82% | 6.70% | 6.22% | 2.27% | 4.92% | 1.77% | 0.63% | -0.98% | 2.71% | 2.26% | 10.21% |
Median of the years shown; P/E years above 200x are left out.
Seven formulas applied to the reported numbers, each with its assumption next to the result. None of them predicts a price.
Square root of 22.5 × earnings × book value. Blind to intangibles, so it undervalues software and brands.
Earnings growing 15.3% a year plus a 2.5% dividend yield. Growth capped at 25%.
Median P/E of 13.2 among peers in the sector.
Median P/E of 14.1 across this company’s own years on record.
Cash flow growing 15.0% a year for 10 years, discounted at 10%, then 2.5% forever.
This formula has no meaning here — usually a loss, negative cash flow, or a missing input.
Dividend growing 1.6% a year against a 10.1% required return, from the stock’s beta.
The average of the method families that answered, not of the seven numbers: four of the seven start from the same earnings per share.
6 methods answered, across 3 families.
Room for errors in the reported numbers.
-21.1% from the average.
Models, not forecasts, and not investment advice. How each formula works →
Companies of similar size in Financial Services, for comparison. The columns are the same ones above, in the same order.
| Stock | Price | P/E | P/B | Dividend yield | ROE | Market cap |
|---|---|---|---|---|---|---|
| HSBCHSBC Holdings PLC | $91.89 | 13.1x | 7.3x | 4.08% | 13.11% | $314.26B |
| MSMorgan Stanley | $183.97 | 14.6x | 2.7x | 2.50% | — | $288.94B |
| RYRoyal Bank of Canada | $202.06 | 17.7x | 2.9x | 1.21% | 16.21% | $279.74B |
| GSGoldman Sachs Group Inc | $891.30 | 12.8x | 2.4x | 2.24% | 17.75% | $259.52B |
| WFCWells Fargo & Company | $83.01 | 11.7x | 1.6x | 2.41% | 12.91% | $249.17B |
| MUFGMitsubishi Ufj Financial Group Inc | $21.41 | 14.0x | 1.7x | 2.52% | 9.46% | $240.99B |