Bank of America Corporation (BAC)
NYSE · Financials · analysed October 12, 2026
Bank of America Corporation is a major global financial services holding company that provides consumer banking, wealth management, corporate and investment banking, and capital markets solutions to individuals, businesses, and institutional clients worldwide. Tracing its origins back to 1904 with the founding of the Bank of Italy, the modern corporation was established in 1998 through the merger of BankAmerica and NationsBank. The company is currently focused on executing its responsible growth strategy by driving digital innovation—heavily expanding its artificial intelligence capabilities and proprietary assistant Erica—while growing its wealth management, treasury, and commercial lending operations.
Executive summary
Bank of America combines the nation's premier consumer deposit franchise with extensive scale across wealth management and corporate banking2,8. While near-term investment banking fees face sequential softness and technical selling from Berkshire Hathaway has weighed on trading, the bank is benefiting from structural asset repricing that lifts net interest income by over $1.5 billion annually4,8,28. Trading at 11.2x forward earnings with impending capital relief from Basel III Endgame revisions, the risk-reward skew remains constructive4,6,28.
Sources cited here, 5 of 29
- 2bankofamerica.com
- 4forbes.com
- 6marketbeat.com
- 8investor.bankofamerica.com
- 28forbes.com
Key figures
- Market cap
- $379.9B
- P/E, trailing
- 12.5
- P/E, next 12 months
- 11.2
- Revenue growth, last fiscal year
- 13.1%
- Net margin, last fiscal year
- 27.0%
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