Bank of America Corporation (BAC) stock analysis
Company overview and business model
Source fact: 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.
Classification: NYSE · Financial Services · Banks - Diversified
Revenue and growth
Source fact: Revenue was USD 113.10 billion for the period ending 2025-12-31.
Caverian calculation: Revenue changed +6.8% (FY2025 vs FY2024).
Profitability
Source fact: Net income was USD 30.51 billion in the latest reported period.
Source metric: Reported net margin was 27.0%.
Balance sheet and liquidity
Source fact: Cash and equivalents were USD 239.32 billion.
Source fact: Total debt was USD 365.90 billion.
Cash-flow analysis
Source fact: Operating cash flow was USD 12.61 billion.
Source fact: Free cash flow was USD 12.61 billion.
Valuation
Source metrics: Trailing P/E 14.28x; Forward P/E 11.65x; Price to book 1.57x; Price to sales 3.79x.
Caverian model output: Value score was 58/100.
Competitive position
Classification: Peer context: Banks - Diversified within Financial Services.
Caverian model output: Quality score was 63/100.
Caverian model limitation: Quality evidence was limited: 4 of 10 inputs were available (51% weighted coverage). Unavailable or not-meaningful inputs contributed a neutral 50, changing the raw 66 score to 63; further research is required.
Caverian model output: Growth score was 67/100.
Material risks
Caverian model interpretation: Watch out: limited Quality evidence (51% weighted coverage) — unavailable/NM inputs were averaged at neutral, changing the raw 66 score to 63; further research is required.
Data sources and freshness
Freshness: This report uses a stored upstream snapshot; statement periods are shown alongside the figures.
Methodology and limitations
Facts reproduce stored upstream fields. Calculations derive only from the displayed stored statements. Model outputs are Caverian interpretations, not investment advice or a buy/sell recommendation.
How Caverian approaches valuation · Sources and product principles