BAC
Bank of America Corporation
BAC has slightly lower modeled downside risk, despite its lower overall score.
EBC
Eastern Bankshares, Inc.
EBC has the edge over BAC overall, supported by stronger fundamentals and stronger valuation.
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.
EBC Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Strong | |
| N/A | |
| N/A |
EBC's revenue and profitability are currently healthy. Free cash flow and net leverage aren't meaningful measures for financial services companies like EBC.
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 has the edge over EBC in the historical PE scenario, which offers more potential upside but is not a forecast.
EBC PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 7.7x | $13.54 | -40% |
| Forward | 11x | $22.76 | — |
| Current | 13x | $22.76 | — |
| Fair | 16x | $28.79 | +27% |
| Expensive | 48x | $84.82 | +273% |
Historical ranges are pointers, not guarantees.
EBC's PE is in its fair range at 13x. If earnings grow as analysts expect, today's price would be 11x next year's earnings, in its cheap range.
BAC Forward outlook
| Metric | Outlook |
|---|---|
| Improving | |
| Growth | |
| Growth | |
| Strongly improving | |
| Limited | |
| Moderate |
Analysts expect earnings and revenue growth for BAC, with profitability improving.
EBC Forward outlook
| Metric | Outlook |
|---|---|
| Improving | |
| Growth | |
| Growth | |
| Strongly improving | |
| Limited | |
| High |
Analysts expect earnings and revenue growth for EBC, with profitability improving.
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 EBC on earnings, with more consistent year-over-year improvement.
EBC Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $2.10 | +19% |
| Q3 2026 | $1.76 | +633% |
| Q2 2026 | $1.78 | +$2.10 |
| Q1 2026 | $1.80 | +$2.46 |
| Q4 2025 | $0.43 | -35% |
| Q3 2025 | $0.24 | -90% |
| Q2 2025 | -$0.32 | -112% |
| Q1 2025 | -$0.66 | -123% |
| Q4 2024 | $0.66 | -54% |
EBC's earnings per share have fallen from their peak: $1.76 over the past year, against $2.87 in early 2024.
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.
EBC Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $306.6M | +27% |
| Q2 2026 | $309.5M | +26% |
| Q1 2026 | $288.2M | +826% |
| Q4 2025 | $283.5M | +31% |
| Q3 2025 | $241.5M | +19% |
| Q2 2025 | $244.9M | +59% |
| Q1 2025 | $31.1M | -80% |
| Q4 2024 | $216.5M | +35% |
EBC's revenue has grown year over year for six quarters in a row: $307M last quarter, up 27% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 46% | +6.8 points |
| Q2 2026 | 44% | +2.6 points |
| Q1 2026 | 29% | +620 points |
| Q4 2025 | 31% | -1.9 points |
| Q3 2025 | 39% | +41 points |
| Q2 2025 | 41% | +16 points |
| Q1 2025 | -591% | -622 points |
| Q4 2024 | 33% | +12 points |
EBC has the edge over BAC on profitability, with a higher operating margin.
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.
EBC Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $178.5M | +20% |
| Q2 2026 | $149.8M | +26% |
| Q1 2026 | -$12.5M | -128% |
| Q4 2025 | $99.8M | +20% |
| Q3 2025 | $148.4M | +39% |
| Q2 2025 | $119.3M | +137% |
| Q1 2025 | $45.5M | +51% |
| Q4 2024 | $83.4M | +71% |
EBC 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 EBC 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.
EBC Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.9% | -2.1M shares |
| 1 year | +8.9% | +17.7M shares |
| 3 years | +34% | +54.7M shares |
| 5 years | +26% | +44.9M shares |
| Available history | +16% | +30.4M shares |
EBC has 217M diluted shares, up 8.9% from a year ago, despite $259M in buybacks over the past year.
| Quarter | Spent |
|---|---|
| Q3 2026 | $57.7M |
| Q2 2026 | $73.7M |
| Q1 2026 | $73.4M |
| Q4 2025 | $54.7M |
| Q3 2025 | — |
| Q2 2025 | $5.5M |
| Q1 2025 | $46.5M |
| Q4 2024 | $15.1M |
EBC spent $259M buying back its own shares over the past year, about four 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.
EBC Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -0.3x | Net Cash |
| Q2 2026 | -0.4x | Net Cash |
| Q1 2026 | -0.3x | Net Cash |
| Q4 2025 | 0.5x | Very low |
| Q3 2025 | -0.9x | Net Cash |
| Q2 2025 | -5.9x | Net Cash |
| Q4 2024 | -0.4x | Net Cash |
| Q3 2024 | -0.7x | Net Cash |
EBC has the edge over BAC on leverage, with a lower net debt burden relative to earnings.
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).
EBC Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 60.7 | Neutral |
| Stochastic | 66.8 | Neutral |
EBC's weekly RSI is 61 (neutral) and its Stochastic is 67 (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 has the edge over EBC on valuation relative to its sector.
EBC PE vs Financial Services Sector
| Metric | EBC | Sector median | Relative |
|---|---|---|---|
| PE | 13x | 13x | 0.7% below |
| PE % | 42 | 61 | 19 pts below |
EBC is trading at 13x earnings, in line with the Financial Services sector's median of 13x.
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.
EBC Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $22.0 | 3.7% above |
| 20 week MA | $22.3 | 2% above |
| 50 week MA | $20.9 | 9% above |
| 100 week MA | $18.8 | 21% above |
| 200 week MA | $16.4 | 39% above |
EBC 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.
EBC Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $11.9 | $16.8 | +41% |
| 2021 | $16.8 | $20.2 | +20% |
| 2022 | $20.2 | $17.1 | -15% |
| 2023 | $17.1 | $14.2 | -17% |
| 2024 | $14.2 | $17.2 | +21% |
| 2025 | $17.2 | $18.8 | +9.2% |
| 2026 YTD | $18.8 | $22.8 | +21% |
EBC has the edge over BAC on returns for 2026, with the stronger performance.