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BAC

BANK OF AMERICA CORP /DE/

At today's price, BANK OF AMERICA CORP /DE/ (BAC) is priced for 13.7% return on equity. boothcheck doesn't publish a fair value or a price target; it shows what the price assumes, so you can judge whether that bar is too high. Built from SEC EDGAR filings.

Live priced in
13.7% return on equity
Priced In
within-range

Key Takeaways

• Bank of America's edge is funding cost: a vast base of low-cost and noninterest-bearing deposits gathered through a coast-to-coast network lets it lend at a spread few rivals can match, and net interest income grew 9% to $15.9 billion on a fully taxable-equivalent basis in the first quarter [Source: Bank of America Q1 2026 earnings, April 2026]. • The biggest sensitivity is the rate path: the bank's earnings swing with where deposit costs and asset yields settle, and management itself flags th

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Institutional ownership

3,384 institutional managers reported holding BAC in 13F filings for the quarter ended 2026-03-31. Together they hold about 70% of the company; the top 10 hold 37%. 133 opened new positions that quarter. Held by Vanguard Group, BlackRock, Berkshire Hathaway, among others. On the short side, 101.4M shares were sold short as of the 2026-06-15 count, about 1% of shares outstanding (2.7 days of typical volume to cover).

Quarterly 13F filings arrive up to 45 days after quarter end, so the picture is never current (filed through 2026-05-29). Nothing here is investment advice.

Capital returns

BAC has cut its share count 15.8% over the past five years, spending $68.87B on repurchases. It pays a dividend, and has paid one every year in our records (18 and counting), raised 6 years straight; the current rate is $1.08 a share annually. Cash returned over the past three years: $26.34B in dividends and $43.59B in repurchases.

Share counts are split-adjusted; repurchase totals are gross of share issuance. Nothing here is investment advice.

Insider activity

Open-market insider buys at BAC over the trailing three years: 2023: 1 buy totaling $656k; 2026: 5 buys totaling $82k. 32 officers and directors are on file.

Code P open-market purchases from SEC Form 4 filings, non-derivative, excluding scheduled 10b5-1 plans. Nothing here is investment advice.

Earnings reactions

BAC's recent reports: the day-one move, then what the following quarter actually did.

reportday onenext quarter
2023-08-01+7.2%-18.1%
2023-11-01+1.2%+27.0%
2024-02-21-0.2%+13.7%
2024-05-01-0.2%+10.7%

Day-one is the close-to-close move around the filing. Nothing here is investment advice.

Recent filings

BAC's latest 8-K filings: 2026-05-06 (items 5.07); 2026-04-15 (items 2.02, 7.01, 9.01); 2026-02-13 (items 8.01); 2026-01-14 (items 2.02, 7.01, 9.01); 2026-01-06 (items 7.01, 9.01).

Item codes are the SEC's own classification of what each report discloses. Nothing here is investment advice.

Compare BAC

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Last analyzed: June 27, 2026

For informational and research purposes only. Not investment advice. Not a recommendation to buy, sell, or hold any security. boothcheck is not a registered investment adviser. Past performance does not guarantee future results.