Bank of America Corporation

NYSE:BAC Stock Report

Market Cap: US$396.5b

Bank of America Management

Management criteria checks 3/4

Bank of America's CEO is Brian Moynihan, appointed in Jan 2010, has a tenure of 16.42 years. total yearly compensation is $33.71M, comprised of 4.4% salary and 95.6% bonuses, including company stock and options. directly owns 0.04% of the company’s shares, worth $156.61M. The average tenure of the management team and the board of directors is 4.6 years and 10.1 years respectively.

Key information

Brian Moynihan

Chief executive officer

US$33.7m

Total compensation

CEO salary percentage4.45%
CEO tenure16.4yrs
CEO ownership0.04%
Management average tenure4.6yrs
Board average tenure10.1yrs

Recent management updates

Recent updates

Analysis Article Jun 16

Bank Of America (BAC) Stock Valuation Check After Strong Recent Returns

Bank of America (BAC) has been drawing investor attention after a period of strong multiyear total returns, prompting closer scrutiny of how its current share price, recent performance and fundamentals line up. See our latest analysis for Bank of America. Today’s share price of $55.87 sits against a mixed backdrop, with a 30 day share price return of 12.26% and a 1 year total shareholder return of 28.55% building on strong multiyear gains. If you are weighing Bank of America against other...
Narrative Update Jun 15

BAC: Raised Guidance And Capital Returns Will Support Future Trading Upside

Bank of America’s analyst price target has moved higher by several dollars, as analysts point to updated assumptions around the bank’s discount rate and forward P/E, supported by a mix of recent target increases and reductions across major research firms. Analyst Commentary Recent research shows both optimism and caution around Bank of America, with price target changes moving in both directions as analysts revisit earnings assumptions, valuation multiples, and execution risk.
Seeking Alpha Jun 06

My Bullish Call On Bank of America Aligns With Its Seeking Alpha Quant Rating (Technical Analysis)

Summary Bank of America exhibits a bullish technical setup, supported by strong price action, momentum, and institutional volume accumulation. Despite a D+ valuation grade, I prioritize trend-following signals and BAC’s Quant Rating, which ranks it #1 among diversified banks. BAC’s price remains above its 30-week EMA, with both short-term and long-term momentum indicators signaling continued strength. Relative strength versus the S&P 500 is improving since March, though further outperformance is needed to confirm leadership. Read the full article on Seeking Alpha
Narrative Update Jun 01

BAC: Raised Guidance And Capital Returns Will Support Future Private Credit Upside

Bank of America’s analyst price target edges higher to align with a fair value estimate of about $63.16. This is supported by updated assumptions on the discount rate, profit margin, and a slightly richer future P/E that reflect the mixed set of recent target changes and rating updates across the Street.
Narrative Update May 10

BAC: Private Credit Expansion Will Support Future Returns Despite Mixed Street Signals

Bank of America's analyst fair value estimate edges up to $62.98 from $62.72, as analysts factor in slightly higher revenue growth and adjust P/E and discount rate assumptions in light of mixed but active recent price target moves across the Street. Analyst Commentary Recent Street research around Bank of America shows both optimism and caution, with several firms adjusting price targets in different directions and a few changing their overall stance on the stock.
Narrative Update Apr 24

BAC: Private Credit Deployment And Cost Discipline Will Support Future Returns

Bank of America’s updated analyst price target edges higher to $62.72 from $60.42, reflecting a mix of recent target raises and cuts as analysts highlight modest adjustments to fair value, discount rate, revenue growth, profit margin, and future P/E assumptions. Analyst Commentary Recent Street research shows a mix of optimism and caution around Bank of America, with several firms lifting price targets and a few trimming them or adjusting ratings.
Narrative Update Apr 09

BAC: Private Credit Expansion And Expense Discipline Will Support Future Returns

Bank of America's analyst price target has been trimmed by about $1 to $60.42, as analysts adjust fair value, discount rate and P/E assumptions while balancing a mix of recent target cuts and upgrades across major firms. Analyst Commentary Recent Street research on Bank of America reflects a split view, with several firms cutting price targets while others issue upgrades or initiate coverage with constructive ratings.
Narrative Update Mar 25

BAC: Net Interest Income And Expense Discipline Will Support Future Returns

Analysts have nudged the Bank of America price target slightly lower to about $61.77, reflecting a modestly reduced fair value estimate alongside updated assumptions on discount rate, profit margin, and future P/E after a mix of target raises and cuts across recent research. Analyst Commentary Recent Street research on Bank of America shows a mix of optimism and caution, with several firms adjusting price targets and ratings as they revisit assumptions on earnings power, profitability, and valuation multiples.
Narrative Update Mar 11

BAC: Net Interest Income And Cost Control Will Support Future Earnings

Narrative Update: Bank of America The updated analyst price target for Bank of America edges slightly lower to about $62.19, with analysts citing modest tweaks to discount rate assumptions and P/E expectations after a mix of recent target raises and cuts across the Street. Analyst Commentary Recent research on Bank of America shows a split view, with some firms lifting targets and ratings while others pull back slightly or turn more cautious.
Narrative Update Feb 25

BAC: Net Interest Income And Expense Discipline Will Support Future Earnings Power

The analyst price target for Bank of America has edged higher to about $62.52. Analysts point to updated assumptions for discount rates, profit margins, and a modestly higher future P/E multiple, as they balance mixed recent target changes with generally constructive long term earnings themes.
Narrative Update Feb 10

BAC: Net Interest Income And Expense Discipline Will Drive Future Earnings Power

Analysts nudged their fair value target for Bank of America slightly lower to about US$62.23, reflecting a mix of recent Street price target moves and updated assumptions around the discount rate, revenue growth, profit margins, and future P/E expectations. Analyst Commentary Street research on Bank of America is mixed, with several firms tweaking price targets and ratings as they reassess earnings power, valuation, and execution risks.
Narrative Update Jan 27

BAC: Net Interest Income And Expense Discipline Will Support Future Capital Returns

Analysts have trimmed our Bank of America fair value estimate by about US$0.20 per share to US$62.29, reflecting slightly higher discount rate assumptions, more cautious revenue growth inputs, modestly higher profit margins, and a lower forward P/E in line with the recent mix of reduced and reiterated price targets across the Street. Analyst Commentary Street research on Bank of America has been mixed recently, with several firms cutting price targets while others initiated or reiterated constructive views and, in some cases, raised targets.
Narrative Update Jan 12

BAC: Durable Net Interest Income Tailwinds Will Support Future Capital Returns

Narrative Update Overview The analyst price target for Bank of America has moved higher from about US$59.65 to roughly US$62.11. Analysts attribute this change to stronger modeled revenue growth, a slightly lower discount rate, and higher future P/E assumptions.
Narrative Update Dec 27

BAC: Future Capital Returns And Macro Tailwinds Will Support Balanced Risk Reward Outlook

Analysts have nudged our Bank of America fair value estimate higher to approximately $59.65 from about $58.98. This reflects a series of upward price target revisions that highlight solid revenue growth, improved net interest income expectations, and one of the more attractive risk and reward profiles among large universal banks.
Narrative Update Dec 13

BAC: Future Capital Returns And Macro Tailwinds Will Support Fairly Valued Outlook

Analysts have nudged their fair value estimate for Bank of America slightly higher to about $58.98 per share from roughly $58.90, citing a series of recent price target increases, modestly stronger projected revenue growth and margins, as well as continued confidence in the bank's risk reward profile among large commercial peers. Analyst Commentary Recent Street research on Bank of America has tilted notably positive, with multiple firms lifting price targets and, in at least one case, upgrading the stock, reflecting growing confidence in the bank's earnings trajectory and capital return potential.
Narrative Update Nov 29

BAC: Recent Earnings Strength And Capital Changes Will Shape Fairly Valued Outlook

Bank of America's analyst price target has inched down slightly to approximately $58.90, as analysts factor in steady revenue and margin improvements along with evolving market conditions. Analyst Commentary Recent Street research reports highlight a mix of optimism and select caution around Bank of America's outlook, with analysts weighing strong earnings, favorable industry trends, and valuation considerations.
Narrative Update Nov 15

BAC: Strong Operating Momentum And Revenue Growth Will Drive Upside Potential Ahead

Bank of America's analyst price target has been modestly raised from $57.98 to $58.94 per share as analysts highlight stronger revenue growth, improved profit margins, and robust operating performance across the sector. Analyst Commentary Recent market research provides a nuanced perspective on Bank of America, reflecting both increasing confidence as well as lingering caution among analysts.
Narrative Update Oct 31

BAC: Solid Loan And Deposit Trends Will Balance Industry Competition Ahead

Bank of America's analyst price target has been raised by $0.75 to $57.98, as analysts cite the company's solid Q3 revenue growth, positive operating leverage, and continued improvement in loan and deposit performance as key drivers behind the updated valuation. Analyst Commentary Recent Street research offers a nuanced view on Bank of America, highlighting both opportunities and risks based on the company's recent financial performance and broader industry trends.
Narrative Update Oct 17

Digital Engagement And Credit Diversification Will Strengthen Future Position

Bank of America’s fair value estimate has increased by $2, rising from $55.23 to $57.23. Analysts cite improved earnings outlook, resilient revenue growth, and attractive risk/reward dynamics as factors supporting the higher price target.
Narrative Update Oct 03

Digital Engagement And Credit Diversification Will Strengthen Future Position

The analyst price target for Bank of America has increased from $53.69 to $55.23 as analysts cite improved long-term earnings growth prospects and resilient fundamentals for the bank. Analyst Commentary Recent updates from Street research firms provide a nuanced view of Bank of America's outlook, with both optimistic and more cautious analyst positions emerging in response to the bank's performance and market dynamics.
Narrative Update Sep 17

Digital Engagement And Credit Diversification Will Strengthen Future Position

Analysts have raised Bank of America's price target slightly, citing structural advantages, resilient consumer trends, and improved capital markets outlook, though concerns over rising expenses and valuation temper further upside; as a result, the consensus price target increased modestly from $53.52 to $53.69. Analyst Commentary Bullish analysts highlight long-term structural advantages due to Bank of America's scale, leading to sustainable, predictable returns and superior profitability compared to peers.
Analysis Article Sep 03

Bank of America's (NYSE:BAC) Upcoming Dividend Will Be Larger Than Last Year's

Bank of America Corporation's ( NYSE:BAC ) dividend will be increasing from last year's payment of the same period to...
Analysis Article Aug 20

Bank of America (NYSE:BAC) Is Increasing Its Dividend To $0.28

Bank of America Corporation ( NYSE:BAC ) will increase its dividend from last year's comparable payment on the 26th of...
Analysis Article Aug 04

Bank of America (NYSE:BAC) Has Announced That It Will Be Increasing Its Dividend To $0.28

Bank of America Corporation ( NYSE:BAC ) will increase its dividend from last year's comparable payment on the 26th of...
Seeking Alpha Apr 21

Bank of America: I Was Wrong (Rating Downgrade)

Summary Bank of America Corporation has shown impressive earnings growth, with net income at $7.4 billion and EPS at $0.90, indicating strength in long-term trends. Despite strong financial performance, the stock has declined nearly 18%, prompting a downgrade to a "buy" rating due to potential sector underperformance. Comparative valuations show BAC trading at a favorable price-book ratio of 1.028x, lower than most peers, indicating potential investment value. Technical analysis reveals bearish patterns and resistance levels for BAC stock, but potential upside exists if key resistance at $39.20 is breached. Read the full article on Seeking Alpha
Seeking Alpha Apr 15

Wall Street Lunch: Banks Liking These Market Swings

Summary Banks like Goldman Sachs, Bank of America, and Citigroup are thriving amid market volatility, with strong trading and equity sales driving impressive earnings. Johnson & Johnson shows resilience, while Albertsons struggles with lower-than-expected EPS and sales projections. The S&P 500's Death Cross signals potential bearish trends, while high tariffs historically lead to significant drops in large-cap earnings. Fund managers are highly concerned about a potential trade war, marking the bearish sentiment, suggesting a contrarian buying opportunity. Read the full article on Seeking Alpha
Seeking Alpha Mar 25

Bank Of America: Weak Stock Performance As A Warning

Summary Bank of America holds substantial exposure to consumer and small business loans, with Warren Buffett selling shares in 2024. A potential recession in 2025, driven by Trump’s stagflation policies and a Wall Street pullback in wealth, could push shares significantly lower. Technical momentum analysis reveals ultra-weak performance, particularly from OBV and EMV calculations, suggesting further downside risk for BAC. Read the full article on Seeking Alpha

CEO Compensation Analysis

How has Brian Moynihan's remuneration changed compared to Bank of America's earnings?
DateTotal CompensationSalaryCompany Earnings
Mar 31 2026n/an/a

US$30b

Dec 31 2025US$34mUS$2m

US$29b

Sep 30 2025n/an/a

US$28b

Jun 30 2025n/an/a

US$26b

Mar 31 2025n/an/a

US$26b

Dec 31 2024US$29mUS$2m

US$25b

Sep 30 2024n/an/a

US$22b

Jun 30 2024n/an/a

US$23b

Mar 31 2024n/an/a

US$23b

Dec 31 2023US$29mUS$2m

US$25b

Sep 30 2023n/an/a

US$29b

Jun 30 2023n/an/a

US$28b

Mar 31 2023n/an/a

US$27b

Dec 31 2022US$30mUS$2m

US$26b

Sep 30 2022n/an/a

US$26b

Jun 30 2022n/an/a

US$27b

Mar 31 2022n/an/a

US$30b

Dec 31 2021US$24mUS$2m

US$31b

Sep 30 2021n/an/a

US$29b

Jun 30 2021n/an/a

US$26b

Mar 31 2021n/an/a

US$20b

Dec 31 2020US$26mUS$2m

US$16b

Sep 30 2020n/an/a

US$18b

Jun 30 2020n/an/a

US$19b

Mar 31 2020n/an/a

US$23b

Dec 31 2019US$26mUS$2m

US$26b

Compensation vs Market: Brian's total compensation ($USD33.71M) is above average for companies of similar size in the US market ($USD14.67M).

Compensation vs Earnings: Brian's compensation has been consistent with company performance over the past year.


CEO

Brian Moynihan (67 yo)

16.4yrs
Tenure
US$33,711,521
Compensation

Mr. Brian Thomas Moynihan is Chairman and CEO of Bank of America Corporation from October 2014 and was its President from October 2014. Mr. Moynihan participates in several organizations that focus on econ...


Leadership Team

NamePositionTenureCompensationOwnership
Brian Moynihan
Chairman & CEO16.4yrsUS$33.71m0.040%
$ 156.6m
Dean Athanasia
Co-Presidentless than a yearUS$19.39m0.0079%
$ 31.2m
James DeMare
Co-Presidentless than a yearUS$25.98m0.0043%
$ 17.2m
Alastair Borthwick
Executive VP & CFO4.6yrsUS$15.98m0.0051%
$ 20.3m
Matthew Koder
President of Global Corporate & Investment Banking7.5yrsUS$19.44m0.011%
$ 44.4m
Thomas Scrivener
Chief Operations Executive4.7yrsno data0.0032%
$ 12.7m
Johnbull Okpara
Chief Accounting Officer1.3yrsno data0.00039%
$ 1.5m
Hari Gopalkrishnan
Chief Technology & Information Officerless than a yearno data0.00092%
$ 3.6m
E. McEntire
Head of Investor Relations & Local Markets Organization10.4yrsno datano data
Lauren Mogensen
Global General Counsel4.6yrsno data0.0081%
$ 32.2m
Amy Littman
Co-Head of Global Compliance & Operational Risk and Head of Enterprise Reputational Risk4.8yrsno datano data
Debbie Helvig
Head of Corporate Communicationsno datano datano data
4.6yrs
Average Tenure
57yo
Average Age

Experienced Management: BAC's management team is considered experienced (4.6 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Brian Moynihan
Chairman & CEO16.4yrsUS$33.71m0.040%
$ 156.6m
Arnold Donald
Independent Director13.4yrsUS$410.00k0.0019%
$ 7.3m
Maria Martinez
Independent Director1.4yrsUS$498.69k0.00020%
$ 793.0k
Michael White
Independent Director10yrsUS$460.00k0.0012%
$ 4.8m
Lionel Nowell
Lead Independent Director13.4yrsUS$660.00k0.000060%
$ 237.9k
Denise Ramos
Independent Director6.9yrsUS$410.00k0%
$ 0
Thomas Woods
Independent Director10.2yrsUS$701.75k0.0018%
$ 7.0m
Monica Lozano
Independent Director20.2yrsUS$464.96k0.000050%
$ 198.2k
Clayton Rose
Independent Director7.7yrsUS$460.00k0.00036%
$ 1.4m
Jose Almeida
Independent Director3.8yrsUS$410.00k0.00047%
$ 1.9m
Sharon Allen
Independent Director13.8yrsUS$465.00k0.0014%
$ 5.6m
Maria Zuber
Independent Director8.5yrsUS$410.00k0.0010%
$ 4.1m
10.1yrs
Average Tenure
69yo
Average Age

Experienced Board: BAC's board of directors are seasoned and experienced ( 10.1 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/16 09:57
End of Day Share Price 2026/06/16 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Bank of America Corporation is covered by 52 analysts. 16 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Stephen BiggarArgus Research Company
David GeorgeBaird
Jason GoldbergBarclays