ALTI
AlTi Global, Inc.
ALTI has the edge over BAC overall, supported by stronger fundamentals.
BAC
Bank of America Corporation
BAC has lower modeled downside risk, despite its lower overall score.
ALTI Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Under pressure | |
| N/A | |
| N/A |
ALTI's revenue is currently stable, but its profitability is under pressure. Free cash flow and net leverage aren't meaningful measures for financial services companies like ALTI.
BAC Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Strong | |
| N/A | |
| N/A |
BAC's revenue and profitability are currently healthy. Free cash flow and net leverage aren't meaningful measures for financial services companies like BAC.
ALTI PE Valuation
ALTI has no meaningful PE right now: it lost money over the past year.
BAC PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 9.4x | $39.50 | -22% |
| Forward | 10x | $50.51 | — |
| Current | 12x | $50.51 | — |
| Fair | 13x | $53.81 | +6.5% |
| Expensive | 15x | $62.23 | +23% |
Historical ranges are pointers, not guarantees.
BAC's PE is in its fair range at 12x. If earnings grow as analysts expect, today's price would be 10x next year's earnings, in its cheap range.
ALTI Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Strong growth | |
| Growth | |
| Strongly improving | |
| Limited | |
| High |
Analysts expect earnings and revenue growth for ALTI, with profitability improving.
BAC Forward outlook
| Metric | Outlook |
|---|---|
| Improving | |
| Growth | |
| Growth | |
| Strongly improving | |
| Limited | |
| Moderate |
Analysts expect earnings and revenue growth for BAC, with profitability improving.
ALTI Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $0.31 | — |
| Q3 2026 | -$0.57 | +$1.33 |
| Q2 2026 | -$1.25 | +$0.71 |
| Q1 2026 | -$1.27 | +$0.54 |
| Q4 2025 | -$1.32 | +$0.27 |
| Q3 2025 | -$1.90 | -$0.70 |
| Q2 2025 | -$1.96 | -$0.24 |
| Q1 2025 | -$1.81 | -$0.53 |
| Q4 2024 | -$1.59 | +$1.06 |
ALTI is still losing money, but far less than before: $0.57 per share over the past year, against $2.65 at its worst in late 2023.
BAC Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $4.92 | +17% |
| Q3 2026 | $4.19 | +14% |
| Q2 2026 | $4.34 | +27% |
| Q1 2026 | $4.02 | +20% |
| Q4 2025 | $3.81 | +19% |
| Q3 2025 | $3.66 | +33% |
| Q2 2025 | $3.41 | +20% |
| Q1 2025 | $3.35 | +16% |
| Q4 2024 | $3.21 | +4.2% |
BAC has the edge over ALTI on earnings quality, reporting a profit while its opponent remains loss making.
ALTI Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $57.9M | +1.2% |
| Q2 2026 | $58M | +9.2% |
| Q1 2026 | $73.1M | +26% |
| Q4 2025 | $88.3M | +65% |
| Q3 2025 | $57.2M | +7.3% |
| Q2 2025 | $53.1M | +7.4% |
| Q1 2025 | $58M | +14% |
| Q4 2024 | $53.3M | -42% |
ALTI's revenue has grown year over year for seven quarters in a row: $58M last quarter, up 1.2% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | -10% | +40 points |
| Q2 2026 | -19% | +38 points |
| Q1 2026 | -15% | +8.7 points |
| Q4 2025 | -13% | +64 points |
| Q3 2025 | -50% | -20 points |
| Q2 2025 | -57% | -27 points |
| Q1 2025 | -23% | +5.6 points |
| Q4 2024 | -77% | -61 points |
ALTI's operating margin was −10% last quarter, up 39 points from the same quarter a year ago, near the top of its range since 2023.
BAC Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $30B | +6.7% |
| Q2 2026 | $31.6B | +19% |
| Q1 2026 | $30.3B | +11% |
| Q4 2025 | $31.2B | +23% |
| Q3 2025 | $28.1B | +11% |
| Q2 2025 | $26.5B | +4.3% |
| Q1 2025 | $27.4B | +6% |
| Q4 2024 | $25.3B | +15% |
BAC has the edge over ALTI on sales, with more consistent year-over-year improvement.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 30% | -3.7 points |
| Q2 2026 | 37% | +7.6 points |
| Q1 2026 | 34% | +4.7 points |
| Q4 2025 | 40% | +12 points |
| Q3 2025 | 34% | +4.8 points |
| Q2 2025 | 29% | -0.7 points |
| Q1 2025 | 30% | +1.5 points |
| Q4 2024 | 28% | +14 points |
BAC has the edge over ALTI on profitability, with a higher operating margin.
ALTI Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $6.4M | +$9.8M |
| Q2 2026 | -$3.2M | +$16.8M |
| Q1 2026 | $5.3M | +$36.3M |
| Q4 2025 | $2.1M | +$4.1M |
| Q3 2025 | -$3.4M | +$6M |
| Q2 2025 | -$20M | +$11.3M |
| Q1 2025 | -$31M | -$15.3M |
| Q4 2024 | -$2M | -$931K |
ALTI has the edge over BAC on cash flow, with more consistent year-over-year improvement.
BAC Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$6.5B | -114% |
| Q2 2026 | $29B | +$38.2B |
| Q1 2026 | $41.8B | +$44B |
| Q4 2025 | -$22.9B | -189% |
| Q3 2025 | $46.9B | +$84.2B |
| Q2 2025 | -$9.1B | -150% |
| Q1 2025 | -$2.2B | +$13.4B |
| Q4 2024 | $25.9B | -21% |
BAC's free cash flow was $41.4B over the past year, down 33% from the year before. Free cash flow isn't a meaningful measure for financial services companies like BAC.
ALTI Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +4.6% | +5.1M shares |
| 1 year | +14% | +13.9M shares |
| 3 years | +1.4% | +1.6M shares |
ALTI has 116M diluted shares, up 14% from a year ago.
| Quarter | Spent |
|---|---|
| Q3 2026 | — |
| Q2 2026 | — |
| Q1 2026 | $5.7M |
| Q1 2025 | $2.8M |
BAC Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -1% | -72M shares |
| 1 year | -5.3% | -405M shares |
| 3 years | -11% | -854M shares |
| 5 years | -15% | -1.3B shares |
| Available history | -24% | -2.2B shares |
BAC has the edge over ALTI on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $6B |
| Q2 2026 | $6B |
| Q1 2026 | $7.2B |
| Q4 2025 | $6.3B |
| Q3 2025 | $5.3B |
| Q2 2025 | $5.3B |
| Q1 2025 | $4.5B |
| Q4 2024 | $3.5B |
BAC spent $25.6B buying back its own shares over the past year, up 37% from the year before.
ALTI Net Leverage
BAC Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 6.4x | High |
| Q2 2026 | 6.7x | High |
| Q1 2026 | 7.1x | High |
| Q4 2025 | 7.7x | High |
| Q3 2025 | 8.3x | High |
| Q2 2025 | 8.8x | High |
| Q1 2025 | 8.6x | High |
| Q4 2024 | 9.0x | High |
BAC's net debt is about 6.4 years of its operating earnings (EBITDA), down from 8.3 years a year ago. Net leverage isn't a meaningful measure for financial services companies like BAC.
ALTI Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 27.2 | Oversold |
| Stochastic | 5.5 | Oversold |
ALTI's weekly RSI is 27 (oversold) and its Stochastic is 6 (oversold).
BAC Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 37.1 | Neutral |
| Stochastic | 4.9 | Oversold |
BAC's weekly RSI is 37 (neutral) and its Stochastic is 5 (oversold).
ALTI PE vs Financial Services Sector
ALTI has no meaningful PE right now: it lost money over the past year.
BAC PE vs Financial Services Sector
| Metric | BAC | Sector median | Relative |
|---|---|---|---|
| PE | 12x | 13x | 7.5% below |
| PE % | 40 | 63 | 23 pts below |
BAC is trading at 12x earnings, in line with the Financial Services sector's median of 13x.
ALTI Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $2.55 | 34% below |
| 20 week MA | $3.21 | 48% below |
| 50 week MA | $3.66 | 54% below |
| 100 week MA | $3.72 | 55% below |
| 200 week MA | $5.06 | 67% below |
ALTI is in a downtrend: it's below all five of its weekly moving averages, and 67% below its 200-week average.
BAC Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $52.1 | 3% below |
| 20 week MA | $57.8 | 13% below |
| 50 week MA | $54.7 | 7.7% below |
| 100 week MA | $50.5 | 0% below |
| 200 week MA | $42.5 | 19% above |
BAC has the edge over ALTI on trend strength, trading above more of its moving averages.
ALTI Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2021 | $9.73 | $9.90 | +1.7% |
| 2022 | $9.90 | $10.0 | +1.3% |
| 2023 | $10.0 | $8.76 | -13% |
| 2024 | $8.76 | $4.39 | -50% |
| 2025 | $4.39 | $4.70 | +7.1% |
| 2026 YTD | $4.70 | $1.68 | -64% |
ALTI is down 64% so far in 2026, after finishing higher in three of the previous five years.
BAC Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $35.4 | $30.0 | -15% |
| 2021 | $30.0 | $44.4 | +48% |
| 2022 | $44.4 | $32.5 | -27% |
| 2023 | $32.5 | $33.7 | +3.7% |
| 2024 | $33.7 | $44.3 | +32% |
| 2025 | $44.3 | $56.2 | +27% |
| 2026 YTD | $56.2 | $50.5 | -10% |
BAC has the edge over ALTI on returns for 2026, with the stronger performance.