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.
MFIC
MidCap Financial Investment Corporation
There isn't enough reported data to score MFIC 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.
MFIC Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Stable | |
| N/A | |
| N/A |
MFIC's revenue and profitability are currently stable. Free cash flow and net leverage aren't meaningful measures for financial services companies like MFIC.
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.
MFIC PE Valuation
MFIC has no meaningful PE right now: it lost money over the past year.
BAC Forward outlook
| Metric | Outlook |
|---|---|
| Improving | |
| Growth | |
| Growth | |
| Strongly improving | |
| Limited | |
| Moderate |
BAC has the edge over MFIC on the outlook, with more favorable earnings and revenue expectations.
MFIC Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Decline | |
| Decline | |
| Strongly improving | |
| Limited | |
| Moderate |
Analysts expect MFIC's earnings and revenue to decline, though 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 MFIC on earnings quality, reporting a profit while its opponent remains loss making.
MFIC Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $1.29 | — |
| Q3 2026 | -$0.85 | -177% |
| Q2 2026 | -$0.36 | -132% |
| Q1 2026 | $0.04 | -97% |
| Q4 2025 | $0.66 | -51% |
| Q3 2025 | $1.11 | -29% |
| Q2 2025 | $1.13 | -34% |
| Q1 2025 | $1.29 | -26% |
| Q4 2024 | $1.36 | -25% |
MFIC has swung to a loss: it lost $0.85 per share over the past year, after a profit the year before.
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% |
MFIC has the stronger quarterly revenue trend. Revenue is up 6.7% for BAC versus up 65% for MFIC.
| 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.
MFIC Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q4 2022 | $63.3M | +65% |
| Q3 2022 | $39.4M | -7.8% |
| Q2 2022 | $25.2M | -48% |
| Q1 2022 | $22.1M | -62% |
| Q4 2021 | $38.4M | -24% |
| Q3 2021 | $42.7M | -16% |
| Q2 2021 | $48.5M | +122% |
| Q4 2020 | $50.3M | +127% |
MFIC's revenue is down over the past year, though its latest quarter was up: $63M last quarter, up 65% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q4 2022 | 80% | +27 points |
| Q3 2022 | 41% | -19 points |
| Q2 2022 | 22% | -44 points |
| Q1 2022 | 19% | -53 points |
| Q4 2021 | 53% | -13 points |
| Q3 2021 | 60% | -5.6 points |
| Q2 2021 | 66% | +53 points |
| Q1 2021 | 72% | N/A |
MFIC's operating margin was 80% last quarter, up 27 points from the same quarter a year ago, near the top 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.
MFIC Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $202.7M | +22% |
| Q2 2026 | $189.3M | +$280.4M |
| Q1 2026 | $169.4M | +$300.7M |
| Q4 2025 | $6.3M | -88% |
| Q3 2025 | $166.3M | +$176.4M |
| Q2 2025 | -$91M | -$27.5M |
| Q1 2025 | -$131.3M | -1501% |
| Q4 2024 | $54.8M | -30% |
MFIC's free cash flow was $568M over the past year, against −$1M the year before. Free cash flow isn't a meaningful measure for financial services companies like MFIC.
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 7.2B diluted shares, down 5.3% from a year ago, with $25.6B in buybacks over the past year.
| 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.
MFIC Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.2% | -172K shares |
| 1 year | -12% | -10.9M shares |
| 3 years | +26% | +17.1M shares |
| 5 years | +27% | +17.3M shares |
| Available history | +24% | +15.8M shares |
MFIC has the edge over BAC on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | — |
| Q2 2026 | $31.9M |
| Q1 2026 | $76M |
| Q4 2025 | $12.9M |
| Q3 2025 | — |
| Q2 2025 | — |
| Q1 2025 | $6.1M |
| Q4 2023 | — |
MFIC spent $121M buying back its own shares over the past year.
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.
MFIC Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q4 2022 | 26.1x | High |
| Q3 2022 | 31.1x | High |
| Q2 2022 | 28.0x | High |
| Q1 2022 | 18.5x | High |
| Q4 2021 | 12.9x | High |
| Q3 2021 | 11.8x | High |
| Q2 2021 | 10.2x | High |
| Q1 2021 | 12.6x | High |
MFIC's net debt is more than 20 years of its operating earnings (EBITDA), up from 13 years a year ago. Net leverage isn't a meaningful measure for financial services companies like MFIC.
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).
MFIC Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 55.5 | Neutral |
| Stochastic | 93.4 | Overbought |
MFIC's weekly RSI is 55 (neutral) and its Stochastic is 93 (overbought).
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.
MFIC PE vs Financial Services Sector
| Metric | MFIC | Sector median | Relative |
|---|---|---|---|
| PE | N/A | 13x | — |
MFIC has no meaningful PE right now: it lost money over the past year.
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.
MFIC Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $9.19 | 11% above |
| 20 week MA | $9.44 | 7.8% above |
| 50 week MA | $10.4 | 2.4% below |
| 100 week MA | $11.6 | 12% below |
| 200 week MA | $12.6 | 19% below |
MFIC 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 the edge over MFIC on returns for 2026, with the stronger performance.
MFIC Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $17.5 | $10.8 | -39% |
| 2021 | $10.8 | $13.0 | +21% |
| 2022 | $13.0 | $11.6 | -11% |
| 2023 | $11.6 | $13.7 | +18% |
| 2024 | $13.7 | $13.6 | -1% |
| 2025 | $13.6 | $11.5 | -15% |
| 2026 YTD | $11.5 | $10.2 | -11% |
MFIC has finished lower in four of the last six years. It's down 11% so far in 2026.