BAC
ACCE-researchedOverview
ACCE thesis
Bank of America operates the second-largest U.S. deposit franchise with $1.9 trillion in deposits, generating massive fee income from 68 million consumer and small business clients while maintaining the country's most extensive branch network. The bank's asset-sensitive balance sheet creates a structural advantage in rising rate environments, with every 100 basis point increase in rates driving roughly $7.5 billion in additional net interest income annually. Management expects expense growth to moderate to 3-4% in 2024 after heavy technology investments, setting up operating leverage as revenues continue expanding from higher rates and loan growth. Trading at just 1.2x tangible book value versus the 1.4x historical average, BAC offers compelling value as the Federal Reserve maintains restrictive policy. The bank returned $17.1 billion to shareholders in the past four quarters through dividends and buybacks, with management guiding toward a 60% payout ratio as capital ratios normalize.
- moderateInsider selling onlyLast 10 disclosed transactions show $6.72M in sales, zero buys, suggesting insiders see limited near-term upside at current prices.
- moderateValuation near fair valueACCE fair value $63.00 vs current price $63.95 implies ~1.5% downside; limited margin of safety at current entry point.
Walk me through this stock
Plain-English pros, cons, and what to watch. Pro feature.
Price
Valuation
INVESTORSix independent models converge on one confidence-weighted fair value, with full methodology and editable assumptions.
- +All six models: DCF, P/E and EV/EBITDA comps, Graham, dividend discount, residual income
- +Scenario bands, sensitivity tornado, and the 5-year historical valuation range
- +Editable DCF workbench with saved scenarios
Quality
INVESTORThe full quality picture: conviction breakdown, earnings quality, score history, and backtested returns.
- +Conviction score breakdown and earnings-quality grade
- +Growth / value / quality / momentum component scores
- +90-day score history and score-threshold backtests
Analysts
Wall Street consensus
The full analyst picture: the price-target distribution against the current price, forward consensus estimates, and how ACCE's own models compare.
- +Price-target low / average / high vs the current price, with implied upside
- +Forward revenue and EPS consensus by fiscal year
- +ACCE fair-value models lined up against the Street
Smart Money
PROFollow the institutions: 13F position changes, insider trades, and active 13D activist filings.
- +Quarter-over-quarter institutional position changes
- +Recent open-market insider transactions
- +Active 13D activist filings and top holders
Compare
Where it sits vs peers
Algorithmic peers (6)
| Ticker | Company | Mcap | P/E | ROE | D/E | Yield | Quality | |
|---|---|---|---|---|---|---|---|---|
| 0005.HK | HSBC Holdings (HK listing) | $352.4B | 14.7 | 13.1% | 3.31 | 0.5% | - | Compare |
| HSBC | HSBC Holdings plc. Common Stock | $348.5B | 14.5 | 13.1% | 1.26 | 0.7% | - | Compare |
| HSBA.L | HSBC Holdings | $346.7B | 14.4 | 13.1% | 2.03 | 4.9% | - | Compare |
| 1398.HK | Industrial and Commercial Bank of China | $343.0B | 6.4 | 8.9% | 1.24 | 4.2% | - | Compare |
| 0939.HK | China Construction Bank | $319.8B | 6.3 | 9.4% | 2.72 | 4.2% | - | Compare |
| RY | Royal Bank Of Canada Common Stock | $281.5B | 17.9 | 16.2% | 3.89 | 3.2% | - | Compare |
Sector report card
Where BAC ranks against its sector peers on each metric.
News and Record
Press releases mentioning this company
- PR Newswire•Sep 18, 2026Bank of America Declares Preferred Stock Dividends Payable in October and November 2026
- PR Newswire•Sep 15, 2026Carolina Panthers and Bank of America Launch 3rd & Goal
- PR Newswire•Sep 15, 2026Merrill Launches New Services to Support Portfolio Transitions and Systematic Cash Investing
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