BAC
Bank of America Corporation
BAC has the edge over FSBW overall, supported by stronger modeled upside and stronger valuation.
FSBW
FS Bancorp, Inc.
FSBW trails on the overall score without a compensating advantage in the available component scores.
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.
FSBW Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Healthy | |
| N/A | |
| N/A |
FSBW's profitability is currently healthy, and its revenue is stable. Free cash flow and net leverage aren't meaningful measures for financial services companies like FSBW.
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 FSBW in the historical PE scenario, which offers more potential upside but is not a forecast.
FSBW PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 6.9x | $26.31 | -39% |
| Fair | 8x | $30.39 | -30% |
| Expensive | 9.7x | $36.97 | -14% |
| Forward | 10x | $43.21 | — |
| Current | 11x | $43.21 | — |
Historical ranges are pointers, not guarantees.
FSBW's PE is in its expensive range at 11x. On analysts' estimates for next year's earnings, today's price would be 10x.
BAC Forward outlook
| Metric | Outlook |
|---|---|
| Improving | |
| Growth | |
| Growth | |
| Strongly improving | |
| Limited | |
| Moderate |
BAC has the edge over FSBW on the outlook, with more favorable earnings and profitability expectations.
FSBW Forward outlook
| Metric | Outlook |
|---|---|
| Improving | |
| Stable | |
| Growth | |
| Strongly weakening | |
| Limited | |
| Moderate |
Analysts expect FSBW's revenue to grow, but its profitability to weaken.
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 FSBW on earnings, with more consistent year-over-year improvement.
FSBW Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $4.30 | +13% |
| Q3 2026 | $3.80 | -6.4% |
| Q2 2026 | $4.35 | +4.3% |
| Q1 2026 | $4.30 | -0.2% |
| Q4 2025 | $4.29 | -1.6% |
| Q3 2025 | $4.06 | -14% |
| Q2 2025 | $4.17 | -8.4% |
| Q1 2025 | $4.31 | -5.9% |
| Q4 2024 | $4.36 | -4.4% |
FSBW's earnings per share have fallen from their peak: $3.80 over the past year, against $5.27 in early 2021.
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 FSBW 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 FSBW on profitability, with a higher operating margin.
FSBW Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $41.9M | +6.6% |
| Q2 2026 | $38.8M | +4.1% |
| Q1 2026 | $37.9M | +5.1% |
| Q4 2025 | $40M | +12% |
| Q3 2025 | $39.3M | +5.6% |
| Q2 2025 | $37.3M | +2.8% |
| Q1 2025 | $36.1M | +1.8% |
| Q4 2024 | $35.7M | -0.5% |
FSBW's revenue has grown year over year for seven quarters in a row: $42M last quarter, up 6.6% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 15% | -15 points |
| Q2 2026 | 26% | -0.3 points |
| Q1 2026 | 26% | -0.1 points |
| Q4 2025 | 26% | -1.8 points |
| Q3 2025 | 30% | +3 points |
| Q2 2025 | 26% | -5.1 points |
| Q1 2025 | 26% | -3.5 points |
| Q4 2024 | 28% | -6.1 points |
FSBW's operating margin was 15% last quarter, down 15 points from the same quarter a year ago, near the bottom of its range since 2019.
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.
FSBW Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $31.8M | -24% |
| Q2 2026 | $51.4M | +778% |
| Q1 2026 | $8.4M | +7.8% |
| Q4 2025 | -$3.4M | -108% |
| Q3 2025 | $41.6M | +$42.9M |
| Q2 2025 | $5.9M | -40% |
| Q1 2025 | $7.8M | +$7.9M |
| Q4 2024 | $40.7M | +229% |
FSBW 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 FSBW 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.
FSBW Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +2.6% | +194K shares |
| 1 year | +0.7% | +54.3K shares |
| 3 years | -1.3% | -103K shares |
| 5 years | -9.1% | -770K shares |
| Available history | -15% | -1.4M shares |
FSBW has 8M diluted shares, up 0.7% from a year ago, despite $8M in buybacks over the past year.
| Quarter | Spent |
|---|---|
| Q3 2026 | $2M |
| Q2 2026 | $3.6M |
| Q1 2026 | $620,000 |
| Q4 2025 | $1.5M |
| Q3 2025 | $4.9M |
| Q2 2025 | $5.2M |
| Q1 2025 | $3.8M |
| Q4 2024 | — |
FSBW spent $8M buying back its own shares over the past year, down 44% from 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 has the edge over FSBW on leverage, with a lower net debt burden relative to earnings.
FSBW Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 8.0x | High |
| Q2 2026 | 6.6x | High |
| Q1 2026 | 3.3x | Elevated |
| Q4 2025 | 5.3x | High |
| Q3 2025 | 2.2x | Moderate |
| Q2 2025 | 5.0x | High |
| Q1 2025 | 1.1x | Healthy |
| Q4 2024 | 12.0x | High |
FSBW's net debt is about 8.0 years of its operating earnings (EBITDA), up from 2.2 years a year ago. Net leverage isn't a meaningful measure for financial services companies like FSBW.
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).
FSBW Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 50.9 | Neutral |
| Stochastic | 50.9 | Neutral |
FSBW's weekly RSI is 51 (neutral) and its Stochastic is 51 (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.
FSBW PE vs Financial Services Sector
| Metric | FSBW | Sector median | Relative |
|---|---|---|---|
| PE | 11x | 13x | 13% below |
| PE % | 99 | 63 | 36 pts above |
FSBW 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.
FSBW Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $44.0 | 1.8% below |
| 20 week MA | $43.6 | 1% below |
| 50 week MA | $42.0 | 2.8% above |
| 100 week MA | $40.8 | 5.8% above |
| 200 week MA | $37.9 | 14% above |
FSBW 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.
FSBW Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $31.5 | $29.0 | -8.1% |
| 2021 | $29.0 | $33.2 | +15% |
| 2022 | $33.2 | $33.1 | -0.4% |
| 2023 | $33.1 | $37.0 | +12% |
| 2024 | $37.0 | $41.0 | +11% |
| 2025 | $41.0 | $42.2 | +2.8% |
| 2026 YTD | $42.2 | $43.2 | +2.5% |
FSBW has the edge over BAC on returns for 2026, with the stronger performance.