BAC
Bank of America Corporation
BAC has the edge over ONIT overall, supported by stronger modeled upside and lower modeled downside.
ONIT
Onity Group Inc.
ONIT offers stronger valuation, but that advantage does not outweigh its weaker overall profile.
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.
ONIT Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Strong | |
| N/A | |
| N/A |
ONIT's profitability is currently strong, and its revenue is stable. Free cash flow and net leverage aren't meaningful measures for financial services companies like ONIT.
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.
ONIT PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Current | 1.9x | $27.33 | — |
| Cheap | 2.4x | $33.80 | +24% |
| Forward | 4.8x | $27.33 | — |
| Fair | 11x | $150 | +450% |
| Expensive | 33x | $460 | +1583% |
Historical ranges are pointers, not guarantees.
ONIT has the edge over BAC in the historical PE scenario, which offers more potential upside but is not a forecast.
BAC Forward outlook
| Metric | Outlook |
|---|---|
| Improving | |
| Growth | |
| Growth | |
| Strongly improving | |
| Limited | |
| Moderate |
BAC has the edge over ONIT on the outlook, with more favorable valuation and earnings expectations.
ONIT Forward outlook
| Metric | Outlook |
|---|---|
| Strongly deteriorating | |
| Decline | |
| Stable | |
| Weakening | |
| Limited | |
| High |
Analysts expect ONIT's earnings and profitability to decline, with its revenue holding steady.
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's earnings per share have climbed steadily: $4.19 over the past year, up 14% from the year before, and higher year over year for eight quarters in a row.
ONIT Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $5.75 | -59% |
| Q3 2026 | $14.15 | +324% |
| Q2 2026 | $15.77 | +298% |
| Q1 2026 | $19.70 | +582% |
| Q4 2025 | $21.46 | +420% |
| Q3 2025 | $3.34 | +94% |
| Q2 2025 | $3.96 | +3200% |
| Q1 2025 | $2.89 | +291% |
| Q4 2024 | $4.13 | +$12.47 |
ONIT's earnings per share have climbed steadily: $14.15 over the past year, about four times what it earned the year before, and higher year over year for 11 quarters in a row.
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 ONIT 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's operating margin was 30% last quarter, down 3.7 points from the same quarter a year ago.
ONIT Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $278.1M | -0.8% |
| Q2 2026 | $282.9M | +15% |
| Q1 2026 | $294.3M | +18% |
| Q4 2025 | $290M | +29% |
| Q3 2025 | $280.3M | +5.5% |
| Q2 2025 | $246.6M | +0.1% |
| Q1 2025 | $249.8M | +4.5% |
| Q4 2024 | $224.8M | -19% |
ONIT's revenue has picked up after five years of holding roughly level: $278M last quarter, about level with the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 58% | +2.5 points |
| Q2 2026 | 51% | -4.7 points |
| Q1 2026 | 55% | +3.1 points |
| Q4 2025 | 53% | +4.4 points |
| Q3 2025 | 55% | -2.6 points |
| Q2 2025 | 56% | -2.2 points |
| Q1 2025 | 52% | -4.3 points |
| Q4 2024 | 49% | -14 points |
ONIT 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 has the edge over ONIT on cash generation, producing positive trailing cash flow while its opponent burns cash.
ONIT Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $577M | +152% |
| Q2 2026 | -$516.9M | +$81.9M |
| Q1 2026 | -$1.6B | -$1.4B |
| Q4 2025 | -$232.5M | -$14M |
| Q3 2025 | $228.8M | +1098% |
| Q2 2025 | -$598.8M | -$520.8M |
| Q1 2025 | -$148.4M | +$148.8M |
| Q4 2024 | -$218.5M | -178% |
ONIT's free cash flow was −$1.8B over the past year, against −$737M the year before. Free cash flow isn't a meaningful measure for financial services companies like ONIT.
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 ONIT 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.
ONIT Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +1.5% | +126K shares |
| 1 year | -1.7% | -145K shares |
| 3 years | +6.4% | +513K shares |
| 5 years | -8.8% | -829K shares |
| Available history | -4.4% | -390K shares |
ONIT has 9M diluted shares, down 1.7% from a year ago.
| Quarter | Spent |
|---|---|
| Q3 2026 | $6M |
| Q2 2026 | $5.9M |
| Q1 2026 | $6.1M |
| Q4 2023 | — |
| Q3 2023 | — |
| Q4 2022 | $11.2M |
| Q3 2022 | $36.5M |
| Q4 2021 | — |
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.
ONIT Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 5.8x | High |
| Q2 2026 | 6.7x | High |
| Q1 2026 | 6.7x | High |
| Q4 2025 | 4.9x | High |
| Q3 2025 | 6.7x | High |
| Q2 2025 | 6.9x | High |
| Q1 2025 | 5.6x | High |
| Q4 2024 | 5.1x | High |
ONIT 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).
ONIT Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 37.3 | Neutral |
| Stochastic | 24.1 | Neutral |
ONIT's weekly RSI is 37 (neutral) and its Stochastic is 24 (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.
ONIT PE vs Financial Services Sector
| Metric | ONIT | Sector median | Relative |
|---|---|---|---|
| PE | 1.9x | 13x | 85% below |
| PE % | 8 | 63 | 55 pts below |
ONIT 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 the edge over ONIT on trend strength, trading above more of its moving averages.
ONIT Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $27.7 | 1.4% below |
| 20 week MA | $33.4 | 18% below |
| 50 week MA | $38.5 | 29% below |
| 100 week MA | $37.5 | 27% below |
| 200 week MA | $32.9 | 17% below |
ONIT is in a downtrend: it's below all five of its weekly moving averages, and 17% below its 200-week average.
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 ONIT on returns for 2026, with the stronger performance.
ONIT Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $20.9 | $31.0 | +49% |
| 2021 | $31.0 | $39.5 | +27% |
| 2022 | $39.5 | $31.4 | -20% |
| 2023 | $31.4 | $30.8 | -2.1% |
| 2024 | $30.8 | $30.2 | -1.8% |
| 2025 | $30.2 | $44.2 | +46% |
| 2026 YTD | $44.2 | $27.3 | -38% |
ONIT has finished lower in three of the last six years. It's down 38% so far in 2026.