BAC
Bank of America Corporation
BAC's fundamentals are strong: its operating margin rose 5 points to 35% and revenue grew 15%. At 12x earnings, it's trading in line with its usual 13x. Analysts expect earnings growth.
HASI
HA Sustainable Infrastructure Capital, Inc.
There isn't enough reported data to score HASI yet.
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.
HASI Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Healthy | |
| N/A | |
| N/A |
HASI's revenue and profitability are currently healthy. Free cash flow and net leverage aren't meaningful measures for financial services companies like HASI.
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 HASI in the historical PE scenario, which offers more potential upside but is not a forecast.
HASI PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 12x | $38.86 | — |
| Cheap | 17x | $16.68 | -57% |
| Fair | 30x | $30.15 | -22% |
| Current | 38x | $38.86 | — |
| Expensive | 58x | $58.09 | +49% |
Historical ranges are pointers, not guarantees.
HASI's PE is 38x, but its earnings don't support one, so it isn't a reliable read right now.
BAC Forward outlook
| Metric | Outlook |
|---|---|
| Improving | |
| Growth | |
| Growth | |
| Strongly improving | |
| Limited | |
| Moderate |
Analysts expect earnings and revenue growth for BAC, with profitability improving.
HASI Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Growth | |
| Growth | |
| -- | |
| Limited | |
| Low |
Analysts expect earnings and revenue growth for HASI, with 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 HASI on earnings, with more consistent year-over-year improvement.
HASI Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $3.21 | +218% |
| Q3 2026 | $1.01 | -57% |
| Q2 2026 | $0.58 | -64% |
| Q1 2026 | $0.40 | -63% |
| Q4 2025 | $1.41 | -13% |
| Q3 2025 | $2.37 | +27% |
| Q2 2025 | $1.59 | -29% |
| Q1 2025 | $1.08 | -50% |
| Q4 2024 | $1.62 | +14% |
HASI's earnings per share have fallen from their peak: $1.01 over the past year, against $2.37 in late 2025.
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.
HASI Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $114.5M | +11% |
| Q2 2026 | $120.8M | +41% |
| Q1 2026 | $124.2M | +28% |
| Q4 2025 | $114.8M | +13% |
| Q3 2025 | $103.1M | +26% |
| Q2 2025 | $85.7M | -9.3% |
| Q1 2025 | $96.9M | -8.4% |
| Q4 2024 | $101.3M | +17% |
HASI's revenue has grown year over year for five quarters in a row: $114M last quarter, up 11% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 166% | +51 points |
| Q2 2026 | 156% | -4.7 points |
| Q1 2026 | -84% | -169 points |
| Q4 2025 | -57% | -148 points |
| Q3 2025 | 116% | +148 points |
| Q2 2025 | 161% | +122 points |
| Q1 2025 | 85% | -77 points |
| Q4 2024 | 91% | -57 points |
HASI 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.
HASI Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $56.2M | +$178M |
| Q2 2026 | $68M | -14% |
| Q1 2026 | $15.6M | +$52.7M |
| Q4 2025 | $246.7M | +$258.9M |
| Q3 2025 | -$121.8M | -655% |
| Q2 2025 | $79.6M | +$104.4M |
| Q1 2025 | -$37.1M | -277% |
| Q4 2024 | -$12.2M | -266% |
HASI's free cash flow was $387M over the past year, against −$92M the year before. Free cash flow isn't a meaningful measure for financial services companies like HASI.
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 HASI 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.
HASI Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +0.5% | +687K shares |
| 1 year | +2.8% | +4M shares |
| 3 years | +32% | +34.4M shares |
| 5 years | +81% | +64.2M shares |
| Available history | +122% | +78.8M shares |
HASI has 144M diluted shares, up 2.8% from a year ago.
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 HASI on leverage, with a lower net debt burden relative to earnings.
HASI Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 22.6x | High |
| Q2 2026 | 28.6x | High |
| Q1 2026 | 41.7x | High |
| Q4 2025 | 14.7x | High |
| Q3 2025 | 10.1x | High |
| Q2 2025 | 14.3x | High |
| Q1 2025 | 22.2x | High |
| Q4 2024 | 13.6x | High |
HASI's net debt is more than 20 years of its operating earnings (EBITDA), up from 10 years a year ago. Net leverage isn't a meaningful measure for financial services companies like HASI.
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).
HASI Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 55.0 | Neutral |
| Stochastic | 38.5 | Neutral |
HASI's weekly RSI is 55 (neutral) and its Stochastic is 39 (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 HASI on valuation relative to its sector.
HASI PE vs Financial Services Sector
| Metric | HASI | Sector median | Relative |
|---|---|---|---|
| PE | 38x | 13x | 196% above |
| PE % | 61 | 63 | 2 pts below |
HASI is trading at 38x earnings, a 196% premium to the Financial Services sector's median of 13x, though its earnings don't support one.
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.
HASI Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $37.1 | 4.7% above |
| 20 week MA | $38.1 | 1.9% above |
| 50 week MA | $37.5 | 3.6% above |
| 100 week MA | $32.8 | 19% above |
| 200 week MA | $30.2 | 29% above |
HASI 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.
HASI Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $32.1 | $65.4 | +103% |
| 2021 | $65.4 | $53.2 | -19% |
| 2022 | $53.2 | $30.2 | -43% |
| 2023 | $30.2 | $27.6 | -8.8% |
| 2024 | $27.6 | $27.4 | -0.7% |
| 2025 | $27.4 | $32.9 | +20% |
| 2026 YTD | $32.9 | $38.9 | +18% |
HASI has the edge over BAC on returns for 2026, with the stronger performance.