BAC
Bank of America Corporation
BAC has the edge over GOLD overall, supported by stronger valuation and stronger modeled upside.
GOLD
Gold.com, Inc.
GOLD 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.
GOLD Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Healthy | |
| N/A | |
| N/A |
GOLD's revenue and profitability are currently healthy. Free cash flow and net leverage aren't meaningful measures for financial services companies like GOLD.
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 GOLD in the historical PE scenario, which offers more potential upside but is not a forecast.
GOLD PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 4.2x | $13.08 | -64% |
| Fair | 7.5x | $23.38 | -36% |
| Current | 12x | $36.40 | — |
| Forward | 13x | $36.40 | — |
| Expensive | 16x | $48.82 | +34% |
Historical ranges are pointers, not guarantees.
GOLD's PE is in its fair range at 12x. Analysts expect earnings to fall, which would put today's price at 13x next year's earnings, in its expensive range.
BAC Forward outlook
| Metric | Outlook |
|---|---|
| Improving | |
| Growth | |
| Growth | |
| Strongly improving | |
| Limited | |
| Moderate |
BAC has the edge over GOLD on the outlook, with more favorable valuation and earnings expectations.
GOLD Forward outlook
| Metric | Outlook |
|---|---|
| Deteriorating | |
| Strong decline | |
| Stable | |
| Stable | |
| Limited | |
| Low |
Analysts expect GOLD's earnings to decline, with its revenue and profitability holding steady. However, they disagree widely on these estimates.
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 GOLD on earnings, with more consistent year-over-year improvement.
GOLD Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $2.74 | -12% |
| Q3 2026 | $3.11 | +937% |
| Q2 2026 | $3.02 | +325% |
| Q1 2026 | $2.94 | +87% |
| Q4 2025 | $0.49 | -77% |
| Q3 2025 | $0.30 | -88% |
| Q2 2025 | $0.71 | -75% |
| Q1 2025 | $1.57 | -52% |
| Q4 2024 | $2.14 | -52% |
GOLD's earnings per share have fallen from their peak: $3.11 over the past year, against $9.16 in late 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'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 has the edge over GOLD on profitability, with a higher operating margin.
GOLD Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $3.3B | -11% |
| Q2 2026 | $5B | +99% |
| Q1 2026 | $10.4B | +244% |
| Q4 2025 | $6.5B | +136% |
| Q3 2025 | $3.7B | +36% |
| Q2 2025 | $2.5B | -0.5% |
| Q1 2025 | $3B | +15% |
| Q4 2024 | $2.7B | +32% |
GOLD's revenue is growing: $3.3B last quarter, down 11% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 0.1% | +0.1 points |
| Q2 2026 | 0.3% | -0.3 points |
| Q1 2026 | 0.8% | +1.1 points |
| Q4 2025 | 0.2% | 0 points |
| Q3 2025 | 0% | -0.4 points |
| Q2 2025 | 0.5% | -0.8 points |
| Q1 2025 | -0.3% | -0.6 points |
| Q4 2024 | 0.3% | -0.6 points |
GOLD's operating margin was 0.1% last quarter, about level with 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 has the edge over GOLD on cash flow, with more consistent year-over-year improvement.
GOLD Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$643.1M | -432% |
| Q2 2026 | $1.1B | +1591% |
| Q1 2026 | -$3M | -103% |
| Q4 2025 | -$46.6M | -144% |
| Q3 2025 | $193.4M | +$321.6M |
| Q2 2025 | $63.1M | -21% |
| Q1 2025 | $100.4M | +27% |
| Q3 2024 | -$128.1M | -$82M |
GOLD's free cash flow was $374M over the past year, down 19% from the year before. Free cash flow isn't a meaningful measure for financial services companies like GOLD.
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 GOLD 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.
GOLD Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +9.1% | +2.5M shares |
| 1 year | +20% | +5M shares |
| 3 years | +21% | +5.2M shares |
| 5 years | +24% | +5.7M shares |
| Available history | +111% | +15.6M shares |
GOLD has 30M diluted shares, up 20% from a year ago.
| Quarter | Spent |
|---|---|
| Q3 2024 | — |
| Q2 2024 | — |
| Q1 2024 | $5.4M |
| Q3 2023 | $4.9M |
| Q2 2023 | — |
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.
GOLD Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -0.9x | Net Cash |
| Q2 2026 | -4.0x | Net Cash |
| Q1 2026 | -0.3x | Net Cash |
| Q4 2025 | 3.3x | Elevated |
| Q3 2025 | 5.7x | High |
| Q2 2025 | 6.2x | High |
| Q1 2025 | 3.4x | Elevated |
| Q4 2024 | 2.7x | Moderate |
GOLD 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).
GOLD Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 38.7 | Neutral |
| Stochastic | 4.0 | Oversold |
GOLD's weekly RSI is 39 (neutral) and its Stochastic is 4 (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 is trading at 12x earnings, in line with the Financial Services sector's median of 13x.
GOLD PE vs Financial Services Sector
| Metric | GOLD | Sector median | Relative |
|---|---|---|---|
| PE | 12x | 13x | 10% below |
| PE % | 62 | 63 | 1 pt below |
GOLD 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.
GOLD Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $39.6 | 8.1% below |
| 20 week MA | $41.9 | 13% below |
| 50 week MA | $43.1 | 16% below |
| 100 week MA | $34.0 | 7% above |
| 200 week MA | $34.0 | 7.1% above |
GOLD 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.
GOLD Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $4.08 | $14.0 | +243% |
| 2021 | $14.0 | $30.8 | +120% |
| 2022 | $30.8 | $34.4 | +12% |
| 2023 | $34.4 | $30.3 | -12% |
| 2024 | $30.3 | $26.1 | -14% |
| 2025 | $26.1 | $34.6 | +32% |
| 2026 YTD | $34.6 | $36.4 | +5.2% |
GOLD has the edge over BAC on returns for 2026, with the stronger performance.