BAC
Bank of America Corporation
BAC has lower modeled downside risk, despite its lower overall score.
COLB
Columbia Banking System, Inc.
COLB has the edge over BAC overall on the model score.
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.
COLB Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Strong | |
| N/A | |
| N/A |
COLB's revenue and profitability are currently healthy. Free cash flow and net leverage aren't meaningful measures for financial services companies like COLB.
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.
COLB PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 9.4x | $30.59 | — |
| Cheap | 9.5x | $27.84 | -9% |
| Current | 10x | $30.59 | — |
| Fair | 11x | $32.87 | +7.5% |
| Expensive | 13x | $39.02 | +28% |
Historical ranges are pointers, not guarantees.
COLB has the edge over BAC in the historical PE scenario, which offers more potential upside but is not a forecast.
BAC Forward outlook
| Metric | Outlook |
|---|---|
| Improving | |
| Growth | |
| Growth | |
| Strongly improving | |
| Limited | |
| Moderate |
BAC has the edge over COLB on the outlook, with more favorable revenue expectations.
COLB Forward outlook
| Metric | Outlook |
|---|---|
| Improving | |
| Growth | |
| Stable | |
| Strongly improving | |
| Limited | |
| High |
Analysts expect COLB's earnings to grow and its profitability to improve, with its revenue holding steady.
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 COLB on earnings, with more consistent year-over-year improvement.
COLB Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $3.26 | +11% |
| Q3 2026 | $2.93 | +31% |
| Q2 2026 | $2.55 | +0.8% |
| Q1 2026 | $2.55 | +7.6% |
| Q4 2025 | $2.30 | -9.8% |
| Q3 2025 | $2.23 | -8.6% |
| Q2 2025 | $2.53 | +5.9% |
| Q1 2025 | $2.37 | -3.7% |
| Q4 2024 | $2.55 | +43% |
COLB earned $2.93 per share over the past year, up 31% from the year before.
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's revenue has grown year over year for 10 quarters in a row: $30B last quarter, up 6.7% from the same quarter a year ago.
| 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's operating margin was 30% last quarter, down 3.7 points from the same quarter a year ago.
COLB Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $695M | +19% |
| Q2 2026 | $677M | +33% |
| Q1 2026 | $677M | +38% |
| Q4 2025 | $717M | +47% |
| Q3 2025 | $582M | +17% |
| Q2 2025 | $510.9M | +8.2% |
| Q1 2025 | $491.4M | +3.7% |
| Q4 2024 | $487.1M | -6.2% |
COLB's revenue has grown year over year for seven quarters in a row: $695M last quarter, up 19% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q4 2022 | 46% | +13 points |
| Q3 2022 | 44% | +1.1 points |
| Q2 2022 | 43% | -3.5 points |
| Q1 2022 | 43% | -0.8 points |
| Q4 2021 | 33% | -16 points |
| Q3 2021 | 42% | +5.3 points |
| Q2 2021 | 47% | +19 points |
| Q1 2021 | 44% | +31 points |
COLB's operating margin was 46% last quarter, up 13 points from the same quarter a year ago.
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.
COLB Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $365M | +55% |
| Q2 2026 | $295M | +176% |
| Q1 2026 | $494M | +305% |
| Q4 2025 | $281M | +9.8% |
| Q3 2025 | $236.2M | +251% |
| Q2 2025 | $106.8M | -29% |
| Q1 2025 | $122M | -34% |
| Q3 2024 | $67.2M | -81% |
COLB has the edge over BAC on cash flow, with more consistent year-over-year improvement.
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 COLB 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.
COLB Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -2.1% | -6.1M shares |
| 1 year | +17% | +41.4M shares |
| 3 years | +34% | +71.7M shares |
| 5 years | +294% | +209M shares |
| Available history | +289% | +208M shares |
COLB has 280M diluted shares, up 17% from a year ago, despite $721M in buybacks over the past year.
| Quarter | Spent |
|---|---|
| Q3 2026 | $203M |
| Q2 2026 | $203M |
| Q1 2026 | $215M |
| Q4 2025 | $100M |
| Q3 2025 | $399,000 |
| Q2 2025 | $1.9M |
| Q1 2025 | $6.7M |
| Q4 2024 | $81,000 |
COLB spent $721M buying back its own shares over the past year, more than ten times what it spent the year before.
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.
COLB Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q4 2022 | -0.8x | Net Cash |
| Q3 2022 | -0.9x | Net Cash |
| Q2 2022 | -1.3x | Net Cash |
| Q1 2022 | -3.3x | Net Cash |
| Q4 2021 | -2.9x | Net Cash |
| Q3 2021 | -3.0x | Net Cash |
| Q2 2021 | -2.9x | Net Cash |
| Q1 2021 | -3.5x | Net Cash |
COLB has more cash than debt. Net leverage isn't a meaningful measure for financial services companies like COLB.
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).
COLB Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 52.7 | Neutral |
| Stochastic | 56.8 | Neutral |
COLB's weekly RSI is 53 (neutral) and its Stochastic is 57 (neutral).
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.
COLB PE vs Financial Services Sector
| Metric | COLB | Sector median | Relative |
|---|---|---|---|
| PE | 10x | 13x | 20% below |
| PE % | 31 | 63 | 32 pts below |
COLB has the edge over BAC on valuation relative to its sector.
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 fallen below most of its moving averages, though it's still 19% above its 200-week average.
COLB Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $29.8 | 2.8% above |
| 20 week MA | $30.7 | 0.2% below |
| 50 week MA | $29.8 | 2.7% above |
| 100 week MA | $27.6 | 11% above |
| 200 week MA | $25.2 | 21% above |
COLB has the edge over BAC on trend strength, trading above more of its moving averages.
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 finished higher in four of the last six years. It's down 10% so far in 2026.
COLB Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $40.8 | $34.7 | -15% |
| 2021 | $34.7 | $32.3 | -6.8% |
| 2022 | $32.3 | $29.5 | -8.8% |
| 2023 | $29.5 | $26.7 | -9.6% |
| 2024 | $26.7 | $27.1 | +1.7% |
| 2025 | $27.1 | $28.6 | +5.3% |
| 2026 YTD | $28.6 | $30.6 | +7% |
COLB has the edge over BAC on returns for 2026, with the stronger performance.