NYSE:BAC

Bank of America (BAC)

61.95
+0.22 (0.36%)
as of Jul 31, 2026, 8:00:00 pm Market Open.
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Investor Insights
star iconAug 1, 2026, 12:00 am

This summary was created by AI, based on 23 opinions in the last 12 months.

Bank of America (BAC) is perceived as a solid and stable player in the banking sector, particularly amidst a climate of deregulation and economic growth. Experts highlight its strong recent earnings, with notable profit increases and favorable guidance, indicating continued potential for growth. Comparatively, BAC is often seen as a close alternative to JPMorgan Chase (JPM), though it falls short of becoming a frontrunner in the sector. The bank's exposure to low-risk sectors, such as credit cards and retail banking, is viewed positively, enhancing its net interest margin prospects. However, some experts note that while BAC might not be the best option currently, it remains a core holding in the U.S. banking framework, with an emphasis on patience and market timing for entry points.

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Consensus
Positive
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Valuation
Fair Value
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Similar
Citi, C
COMMENT
2020 outlook? He bought another US bank and a US bank ETF a few months ago during a breakout. BAC and its peers are a little overbought and could retrace. Breakout at $32-33 will act as major support; the banks have a few good months, but can't forecast the entire year.
BUY
He likes BoA over CitiGroup. They’re one of the leading mortgage providers and this segment will benefit them. They’ve also done a great job cleaning the house. (Analysts’ price target is $35.00)
HOLD
A major money center bank in the US. He bought in early in the cycle and sold out in March when the Fed Reserve went to a loosening strategy. He saw that as a threat due to the risk to the interest rate curve. Now that the curve is steepening again, he sees this as a good hold now.
BUY
He believes the target price is achievable but not in 12 months. Reconstruction over recent years is starting to pay off. He would consider this if you wanted a US bank but he prefers Canadian banks. (Analysts’ price target is $37.00)
DON'T BUY
Take profits? He's short the US banks and owns them. He expects interest rates to head down. Loan growth is anemic. What's great here? Either a stronger economy or interest rate hikes would excite him. BAC is more levered than its peers. Its valuation is full.
PAST TOP PICK
(A Top Pick Nov 13/18, Up 23%) At the start of 2019, the Fed seemed accommodating. But now they're on hold, and this has been a real booster for the banks because they make money off the spread. He sold on the belief that he didn't want to be overly levered to a shallower yield curve.
WEAK BUY
BAC vs. WFC A lot of banks have started to perform. Doesn't own either of these. Both have same price to book. WFC has a slightly higher dividend yield of 3.8%, whereas BAC is 2.2%. The fraudulent accounts scandal is still hurting the WFC brand. WFC revenue relies heavily on the yield curve. He prefers BAC, as they're a little more diversified with their capital markets division.
PAST TOP PICK
(A Top Pick Nov 06/18, Up 20%) He is still bullish on financials. When the yield curve normalizes all the banks will make a lot of money. They are doing well going into the headwinds currently. He likes the technical price breakout now too.
PAST TOP PICK
(A Top Pick Feb 13/19, Up 16%) Trades at 1.2x book vs. 1.5 by Canadian banks. Investors were fearing the inverted yield curve which scared them off US banks stock. BAC continues to decrease its costs and buyback shares. A great story.
COMMENT

He would buy Bank of America. The stock is still very cheap, price to book value. It has a decent growth rate. This is the one to be buying in this kind of climate.

DON'T BUY
It's cheap vs. upside potential, though pricey vs. its past. He hopes it returns to $36.50, but negative interest rates aren't good.
BUY
A terrific business. US banks are well-capitalized. BAC is doing well introducing their business into new markets, though don't expect them to do big acquisitions. BAC is using tech aggressively to cut costs and in turn reinvest those savings. Low and declining interest rates are a neutral to modest negative factor.
PAST TOP PICK
(A Top Pick Nov 02/18, Up 9%) BAC is holding on as banks around the world are struggling. The most capitalized bank in America. It's been in a trading range the past year.
BUY ON WEAKNESS
The U.S. banks have had a big rally with the Fed's cutting interest rates. They are a bit pricy right now. They've been buying back shares and they have had little growth.
DON'T BUY
C-N would be much cheaper. It is much more internationally focused. BAC-N is much more domestic focused. The flat yield curve and negative yields is not good for either of them. It is a tough sector to invest in.
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