Bank of America (BAC) Stock Fundamentals, Analysis & Risk Signals

Health score, price, valuation, risk signals, and key metrics at a glance.

Bank of America

NYSE•Financial Services•Banks - Diversified

$49.66+0.09(<0.01%)After hours

Market Cap

$350.65B

P/E

10.9x

P/S

2.8x

P/B

1.2x

Bank of America Corporation, through its subsidiaries, provides various financial products and services for individual consumers, small and middle-market businesses, institutional investors, large corporations, and governments worldwide. It operates through four segments: Consumer Banking, Global Wealth & Investment Management (GWIM), Global Banking, and Global Markets. The Consumer Banking segment offers traditional and money market savings accounts, certificates of deposit and IRAs, checking accounts, and investment accounts and products; credit and debit cards; residential mortgages and home equity loans; and direct and indirect loans. The GWIM segment provides investment management, brokerage, banking, and trust and retirement products and services; wealth management solutions; and customized solutions, including specialty asset management services. The Global Banking segment offers lending products and services, including commercial loans, leases, commitment facilities, trade finance, and commercial real estate and asset-based lending; treasury solutions, and underwriting and advisory services. The Global Markets segment provides market-making, financing, securities clearing, settlement, and custody services; securities and derivative products; and risk management products using interest rate, equity, credit, currency and commodity derivatives, foreign exchange, fixed-income, and mortgage-related products. Bank of America Corporation was founded in 1784 and is based in Charlotte, North Carolina.

How this company scores

WeakMetricSide Score: 55/100

Grade capped at D — Interest coverage below 1× (-0.2x) — earnings cannot cover interest. Strongest: Growth (21/25); weakest: Balance Sheet & Red Flags (10/25).

Profitability12/25

Growth21/25

Balance Sheet & Red Flags10/25

Cash & Earnings Quality12/25

Strengths

Cash-backed earningsProfit converts from growthConsistent growthNo share dilution

Grade capped at D

Interest coverage below 1× (-0.2x) — earnings cannot cover interest.

Valuation vs. 5-year range

Today's multiple positioned against its own trailing range — a visual premium/discount check.

P/E · 10.9x5y range 7.2x – 13.3x

Currently near its 20-quarter median.

P/S · 2.8x5y range 2.2x – 4.1x

Currently near its 20-quarter median.

P/B · 1.2x5y range 0.8x – 1.4x

Currently near its 20-quarter median.

Watch items

Data-driven signals worth keeping an eye on across the last 8 quarters

High Risk

Margin Pressure

Red Flag

The company posted negative operating margins in recent quarters — core operations are unprofitable.

Earnings Quality

Red Flag

Free cash flow has been negative in 4 of the last 8 quarters — earnings are not translating to cash.

Cash Burn

Watch

4 of the last 8 quarters had negative FCF — inconsistent cash generation raises sustainability concerns.

Price & Volume

Market Cap $350.65B

Metrics at a Glance

as of September 2026

Revenue & Profit

Revenue, EBITDA, operating income, net income, EPS, and shares

TTM Revenue: $123.62B
Q. Revenue: $30.12B
TTM EBITDA: $-14.93B
TTM Op. Income: $-15.01B
Q. Op. Income: $-4.38B
TTM Net Income: $32.12B
Q. Net Income: $6.93B
EPS: $0.93
Shares Out.: $7.05B

$123.62B in TTM revenue grew 14.6% YoY, reaching $30.12B last quarter. TTM EBITDA of $-14.93B and TTM operating income of $-15.01B show growth is flowing through to the bottom line. TTM net income of $32.12B means revenue is converting into profit. Across the last 8 quarters, TTM revenue has risen for 7 consecutive quarters — an improving trend.

Margins

Gross, EBITDA, operating, and net margin trends

Gross Margin: 40.9%
EBITDA Margin: -14.5%
Op. Margin: -14.5%
Net Margin: 23.0%

Op. margin of -14.5% is down 3.1% YoY — costs are rising relative to revenue. Net margin at 23.0% and gross margin of 40.9% show how much of each revenue dollar survives to profit. Over the past year, operating margin is down 27% — a weakening trend.

Price Ratios

P/E, P/S, P/B, EV/EBITDA, FCF yield, and earnings yield

P/E Ratio: 10.9x
P/S Ratio: 2.8x
P/B Ratio: 1.2x

At 10.9x P/E, the stock trades below typical market levels. P/S of 2.8x and P/B of 1.2x provide additional context. P/E sits below typical market levels while revenue is growing. Over the past year, P/E is down 17% — an improving trend.

Assets & Liabilities

Total assets, cash, debt, book value, and leverage

Total Assets: $3.43T
Cash: $249.64B
Long-Term Debt: $318.69B
Book Value: $296.75B
D/E Ratio: 1.1
Debt/EBITDA: N/A

With $3.43T in assets and $318.69B in long-term debt, D/E is 1.1and book value is $296.75B — moderate leverage. Over the past year, debt/equity is up 5% — an improving trend.

Cash Flow

Operating cash flow, free cash flow, FCF margin, and earnings quality

Op. Cash Flow: $-6.50B
TTM Free Cash Flow: $41.37B
FCF Margin: 33.5%
FCF / Net Income: 1.3

TTM FCF of $41.37B on $-6.50B in operating cash flow. The FCF / Net Income ratio of 1.3x means free cash flow covers net income — earnings are backed by cash. Over the past year, free cash flow is down 33% — a weakening trend.