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.
NCPL
Netcapital Inc.
There isn't enough reported data to score NCPL 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.
NCPL Fundamentals
| Metric | Status |
|---|---|
| Under pressure | |
| Weak | |
| N/A | |
| N/A |
NCPL's revenue and profitability are currently under pressure. Free cash flow and net leverage aren't meaningful measures for financial services companies like NCPL.
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.
NCPL PE Valuation
NCPL 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 |
Analysts expect earnings and revenue growth for BAC, with profitability improving.
NCPL Forward outlook
There aren't enough analyst estimates for NCPL to show an outlook.
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 stronger earnings trend. Trailing diluted EPS is up 14% for BAC versus NCPL down 160%.
NCPL Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q1 2026 | -$13.41 | +$8.90 |
| Q4 2025 | -$14.66 | +$19.38 |
| Q3 2025 | -$16.56 | +$12.34 |
| Q2 2025 | -$20.39 | +$8.31 |
| Q1 2025 | -$22.31 | -1694% |
| Q4 2024 | -$34.04 | -190% |
| Q3 2024 | -$28.90 | -176% |
| Q2 2024 | -$28.70 | -165% |
NCPL is still losing money, but far less than before: $13.41 per share over the past year, against $34.04 at its worst in late 2024.
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 stronger quarterly revenue trend. Revenue is up 6.7% for BAC versus down 38% for NCPL.
| 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.
NCPL Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q1 2026 | $94.3K | -38% |
| Q4 2025 | $51.1K | -70% |
| Q3 2025 | $190.1K | +34% |
| Q2 2025 | $404K | +16% |
| Q1 2025 | $152.7K | -85% |
| Q4 2024 | $170.5K | -92% |
| Q3 2024 | $142.2K | -91% |
| Q2 2024 | $347.2K | -89% |
NCPL's revenue has slid since its 2023 peak: $94,347 last quarter, down 38% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q1 2026 | -2305% | -1199 points |
| Q4 2025 | -4150% | -2858 points |
| Q3 2025 | -1729% | +35 points |
| Q2 2025 | -476% | -32 points |
| Q1 2025 | -1105% | -990 points |
| Q4 2024 | -1292% | -1294 points |
| Q3 2024 | -1764% | -1714 points |
| Q2 2024 | -444% | -487 points |
NCPL's operating margin was −2305% last quarter, down 1199 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 has the stronger cash trend. Its trailing FCF is up 119% versus its history, compared with NCPL at down 113%.
NCPL Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q1 2026 | -$868.7K | +$294.8K |
| Q4 2025 | -$2.6M | -$1.1M |
| Q3 2025 | -$4.2M | -$2.3M |
| Q2 2025 | -$724.6K | +$589.3K |
| Q1 2025 | -$1.2M | +$456.6K |
| Q4 2024 | -$1.5M | -$1M |
| Q3 2024 | -$2M | -$499.6K |
| Q2 2024 | -$1.3M | -$111.4K |
NCPL's free cash flow was −$8M over the past year, against −$6M the year before. Free cash flow isn't a meaningful measure for financial services companies like NCPL.
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 NCPL 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.
NCPL Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +17% | +802K shares |
| 1 year | +492% | +4.7M shares |
| 3 years | +12288% | +5.6M shares |
| 5 years | +94496% | +5.6M shares |
NCPL has 6M diluted shares, up 492% 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'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.
NCPL Net Leverage
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).
NCPL Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 59.6 | Neutral |
| Stochastic | 54.1 | Neutral |
NCPL's weekly RSI is 60 (neutral) and its Stochastic is 54 (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.
NCPL PE vs Financial Services Sector
| Metric | NCPL | Sector median | Relative |
|---|---|---|---|
| PE | N/A | 13x | — |
NCPL 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.
NCPL Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $1.50 | 17% above |
| 20 week MA | $0.88 | 99% above |
| 50 week MA | $0.73 | 140% above |
| 100 week MA | $1.58 | 11% above |
| 200 week MA | $17.7 | 90% below |
NCPL 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.
NCPL Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $966.0 | $546.0 | -43% |
| 2021 | $546.0 | $1,050.0 | +92% |
| 2022 | $1,050.0 | $86.8 | -92% |
| 2023 | $86.8 | $14.9 | -83% |
| 2024 | $14.9 | $2.14 | -86% |
| 2025 | $2.14 | $0.77 | -64% |
| 2026 YTD | $0.77 | $1.75 | +127% |
NCPL has the edge over BAC on returns for 2026, with the stronger performance.