Bank of America Corporation (BAC) Stock

Bank of America Corporation (BAC) is a Financials stock trading at $61.28 (as of 2026-07-17), with a market capitalization of $434.88B and a trailing P/E of 13.7. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.

Bank of America Corporation, through its subsidiaries, offers banking and financial products and services to individual consumers, small and middle-market businesses, institutional investors, large corporations, and governments worldwide. It operates Consumer Banking, Global Wealth & Investment Management, and Global Banking segments covering deposit, lending, payments, investment, brokerage, trust and retirement, and treasury services.

Understand Bank of America Corporation: how it makes money

Bank of America provides banking and financial products and services to individuals, small and middle-market businesses, institutional investors, large corporations, and governments, and makes money by earning revenue from those activities across Consumer Banking, Global Banking, Global Markets, and Global Wealth and Investment Management.

BAC’s profit model is structurally diversified by segment revenue streams, Consumer Banking, Global Banking, Global Markets, and Global Wealth and Investment Management, so changes in any one segment’s revenue can move total results.

Revenue by segment (latest quarter)
Consumer	$11.1B
Global Banking	$6.3B
Global Markets	$7.1B
GWIM	$6.0B

Business quality (Strong): We have a clear latest-quarter revenue baseline (30.3B) and a clean, mutually exclusive segment set (Consumer Banking, Global Banking, Global Markets, GWIM) that together approximate total revenue for 2026-03-31.

Valuation: At 14× earnings, BAC trades 10% above the Banking average (13×). Note: one-time items can distort reported P/E.

Bull case

Diversified segment mix: Total revenue is supported by multiple reportable segments, including Consumer Banking (11.05B), Global Markets (7.11B), Global Banking (6.29B), and GWIM (6.0B), rather than a single business line.
Defined operating revenue measure: The company highlights “Bank of America - Revenue, net of interest expense” as a key operating revenue metric, and it aggregates across the business.

Bear case

Segment-specific sensitivity: Because revenue is allocated across separate segments, unfavorable movement in any one segment’s revenue can reduce overall revenue (for example, Global Markets or Consumer Banking).
Reliance on market and wealth activity: A meaningful portion of segment revenue comes from Global Markets (7.11B) and GWIM (6.0B), so results can be pressured if activity tied to those segments weakens.

Valuation — source: SEC EDGAR (first-party)
Price	$61.28
Market Cap	$434.88B
P/E Ratio	13.7
EV / EBITDA	12.2
Price / Book	1.45
Price / Sales	3.75
DCF Value (model)	$50.74
DCF Upside vs Price	-17.2%

Profitability & Growth — source: SEC EDGAR
Revenue (TTM)	$113.10B
Net Margin	27.0%
Revenue Growth (YoY)	10.6%
EPS Growth (YoY)	23.1%

Valuation vs Sector & Industry
Stock P/E	13.7
Sector P/E (Financials)	15.5
Industry P/E (Banking)	13.5
vs Sector	-11.5%
vs Industry	1.5%

Smart-Money Activity — SEC Form 4 / 13F / Congressional disclosures
Insider Sells (12mo)	1
Top Institutional Holder	VANGUARD GROUP INC ($35.81B)
Institutional Holders Tracked	10
Congressional Trades (recent)	10

Company
Sector	Financials
Industry	Banking
CEO	Brian Thomas Moynihan
Employees	213,000
Country	US
IPO Date	1973-02-21

Related Companies (Business model: Universal / Commercial Bank + Investment Bank / Capital Markets; 8 closest by market cap; US-domiciled)

Data as of 2026-07-17.

Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.