BAC
Bank of America Corporation
BAC has slightly lower modeled downside risk, despite its lower overall score.
FFIN
First Financial Bankshares, Inc.
FFIN has a slight edge over BAC overall, supported by 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.
FFIN Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Strong | |
| N/A | |
| N/A |
FFIN's profitability is currently strong, and its revenue is stable. Free cash flow and net leverage aren't meaningful measures for financial services companies like FFIN.
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.
FFIN PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 14x | $30.26 | — |
| Current | 15x | $30.26 | — |
| Cheap | 18x | $37.29 | +23% |
| Fair | 23x | $47.10 | +56% |
| Expensive | 30x | $60.74 | +101% |
Historical ranges are pointers, not guarantees.
FFIN 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 FFIN on the outlook, with more favorable valuation and profitability expectations.
FFIN Forward outlook
| Metric | Outlook |
|---|---|
| Stable | |
| Growth | |
| Growth | |
| Stable | |
| Limited | |
| High |
Analysts expect earnings and revenue growth for FFIN, with profitability 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 FFIN on earnings, with stronger typical year-over-year growth.
FFIN Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $2.10 | +3.3% |
| Q3 2026 | $2.03 | +20% |
| Q2 2026 | $1.87 | +8.7% |
| Q1 2026 | $1.84 | +14% |
| Q4 2025 | $1.77 | +13% |
| Q3 2025 | $1.69 | +17% |
| Q2 2025 | $1.72 | +23% |
| Q1 2025 | $1.62 | +17% |
| Q4 2024 | $1.56 | +12% |
FFIN's earnings per share have climbed steadily: $2.03 over the past year, up 20% from the year before, and higher year over year for eight quarters in a row.
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.
FFIN Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $174.1M | +8% |
| Q2 2026 | $172.8M | +10% |
| Q1 2026 | $166.9M | +12% |
| Q4 2025 | $164.7M | +12% |
| Q3 2025 | $161.3M | +16% |
| Q2 2025 | $156.6M | +16% |
| Q1 2025 | $149M | +15% |
| Q4 2024 | $147.1M | +23% |
FFIN has the edge over BAC on sales, with stronger typical year-over-year growth.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 52% | +13 points |
| Q2 2026 | 51% | -1.6 points |
| Q1 2026 | 53% | +2.2 points |
| Q4 2025 | 54% | +2.7 points |
| Q3 2025 | 39% | -9.1 points |
| Q2 2025 | 52% | +4.9 points |
| Q1 2025 | 50% | +0.4 points |
| Q4 2024 | 52% | +4.8 points |
FFIN 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.
FFIN Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $86.3M | +3.2% |
| Q2 2026 | $75.2M | +28% |
| Q1 2026 | $97.5M | +31% |
| Q4 2025 | $68.9M | -14% |
| Q3 2025 | $83.7M | +7.7% |
| Q2 2025 | $58.7M | -8% |
| Q1 2025 | $74.7M | +4.2% |
| Q4 2024 | $79.7M | +45% |
FFIN 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 FFIN 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.
FFIN Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | 0% | +28.2K shares |
| 1 year | +0.2% | +252K shares |
| 3 years | +0.4% | +577K shares |
| 5 years | +0.4% | +508K shares |
| Available history | +5.4% | +7.4M shares |
FFIN has 144M diluted shares, about the same as a year ago.
| Quarter | Spent |
|---|---|
| Q4 2023 | $1,000 |
| Q3 2023 | $2.7M |
| Q4 2022 | — |
| Q3 2022 | $2M |
| Q4 2020 | — |
| Q3 2020 | — |
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.
FFIN Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -0.3x | Net Cash |
| Q2 2026 | -0.7x | Net Cash |
| Q1 2026 | -0.6x | Net Cash |
| Q4 2025 | -0.6x | Net Cash |
| Q3 2025 | -0.6x | Net Cash |
| Q2 2025 | -0.6x | Net Cash |
| Q1 2025 | -0.6x | Net Cash |
| Q4 2024 | -0.0x | Net Cash |
FFIN 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).
FFIN Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 36.4 | Neutral |
| Stochastic | 14.7 | Oversold |
FFIN's weekly RSI is 36 (neutral) and its Stochastic is 15 (oversold).
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 FFIN on valuation relative to its sector.
FFIN PE vs Financial Services Sector
| Metric | FFIN | Sector median | Relative |
|---|---|---|---|
| PE | 15x | 13x | 15% above |
| PE % | 0 | 63 | 63 pts below |
FFIN is trading at 15x earnings, a 15% premium to 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 the edge over FFIN on trend strength, trading above more of its moving averages.
FFIN Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $30.9 | 2.1% below |
| 20 week MA | $32.9 | 8.1% below |
| 50 week MA | $32.3 | 6.2% below |
| 100 week MA | $33.6 | 10% below |
| 200 week MA | $32.6 | 7.1% below |
FFIN is in a downtrend: it's below all five of its weekly moving averages, and 7.1% below its 200-week average.
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.
FFIN Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $35.3 | $35.8 | +1.4% |
| 2021 | $35.8 | $50.2 | +40% |
| 2022 | $50.2 | $33.7 | -33% |
| 2023 | $33.7 | $30.3 | -10% |
| 2024 | $30.3 | $36.2 | +19% |
| 2025 | $36.2 | $30.9 | -15% |
| 2026 YTD | $30.9 | $30.3 | -1.9% |
FFIN has the edge over BAC on returns for 2026, with the stronger performance.