BAC
Bank of America Corporation
BAC offers stronger fundamentals, but that advantage does not outweigh its weaker overall profile.
PRI
Primerica, Inc.
PRI has the edge over BAC overall, supported by stronger valuation and lower modeled downside.
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.
PRI Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Strong | |
| N/A | |
| N/A |
PRI'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 PRI.
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.
PRI PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 11x | $292 | — |
| Current | 12x | $292 | — |
| Cheap | 13x | $320 | +9.8% |
| Fair | 14x | $365 | +25% |
| Expensive | 18x | $465 | +59% |
Historical ranges are pointers, not guarantees.
PRI 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 |
Analysts expect earnings and revenue growth for BAC, with profitability improving.
PRI Forward outlook
| Metric | Outlook |
|---|---|
| Improving | |
| Growth | |
| Growth | |
| Improving | |
| Limited | |
| High |
Analysts expect earnings and revenue growth for PRI, 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'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.
PRI Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $26.73 | +5.7% |
| Q3 2026 | $25.29 | +16% |
| Q2 2026 | $24.88 | +23% |
| Q1 2026 | $23.83 | +60% |
| Q4 2025 | $22.91 | +67% |
| Q3 2025 | $21.76 | +65% |
| Q2 2025 | $20.24 | +61% |
| Q1 2025 | $14.87 | -9.8% |
| Q4 2024 | $13.75 | -14% |
PRI earned $25.29 per share over the past year, up 16% from 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% |
BAC has the edge over PRI 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.
PRI Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $901.7M | +7.4% |
| Q2 2026 | $865.1M | +9% |
| Q1 2026 | $872.7M | +8.4% |
| Q4 2025 | $853.7M | +8.3% |
| Q3 2025 | $839.9M | +8.5% |
| Q2 2025 | $793.3M | -1.2% |
| Q1 2025 | $804.8M | +8.3% |
| Q4 2024 | $788.1M | +8.5% |
PRI's revenue has grown year over year for five quarters in a row: $902M last quarter, up 7.4% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 30% | -2.2 points |
| Q2 2026 | 30% | +0.3 points |
| Q1 2026 | 29% | +1.1 points |
| Q4 2025 | 29% | +1.2 points |
| Q3 2025 | 32% | -0.5 points |
| Q2 2025 | 30% | +29 points |
| Q1 2025 | 28% | +3.4 points |
| Q4 2024 | 28% | +0.6 points |
PRI 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.
PRI Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $291.4M | +44% |
| Q2 2026 | $193.8M | +19% |
| Q1 2026 | $156.8M | -21% |
| Q4 2025 | $338.2M | +25% |
| Q3 2025 | $202.9M | -2.1% |
| Q2 2025 | $162.6M | -6.2% |
| Q1 2025 | $197.5M | -6.4% |
| Q4 2024 | $270.6M | +12% |
PRI's free cash flow was $980M over the past year, up 18% from the year before. Free cash flow isn't a meaningful measure for financial services companies like PRI.
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 PRI 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.
PRI Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -1.3% | -417K shares |
| 1 year | -5% | -1.6M shares |
| 3 years | -14% | -5M shares |
| 5 years | -22% | -8.9M shares |
| Available history | -27% | -11.5M shares |
PRI has 31M diluted shares, down 5% from a year ago, with $462M in buybacks over the past year.
| Quarter | Spent |
|---|---|
| Q3 2026 | $122.1M |
| Q2 2026 | $135.2M |
| Q1 2026 | $135M |
| Q4 2025 | $70.1M |
| Q3 2025 | $129M |
| Q2 2025 | $133M |
| Q1 2025 | $118M |
| Q4 2024 | $47.8M |
PRI spent $462M buying back its own shares over the past year, up 8.1% from the year before.
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.
PRI Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -0.8x | Net Cash |
| Q2 2026 | -0.6x | Net Cash |
| Q1 2026 | -0.6x | Net Cash |
| Q4 2025 | -0.8x | Net Cash |
| Q3 2025 | -0.7x | Net Cash |
| Q2 2025 | -0.7x | Net Cash |
| Q1 2025 | -0.9x | Net Cash |
| Q4 2024 | -1.0x | Net Cash |
PRI 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).
PRI Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 54.1 | Neutral |
| Stochastic | 32.7 | Neutral |
PRI's weekly RSI is 54 (neutral) and its Stochastic is 33 (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.
PRI PE vs Financial Services Sector
| Metric | PRI | Sector median | Relative |
|---|---|---|---|
| PE | 12x | 13x | 11% below |
| PE % | 7 | 63 | 56 pts below |
PRI 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.
PRI Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $280.9 | 3.9% above |
| 20 week MA | $294.7 | 0.9% below |
| 50 week MA | $276.6 | 5.5% above |
| 100 week MA | $273.5 | 6.8% above |
| 200 week MA | $247.0 | 18% above |
PRI 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.
PRI Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $130.6 | $134.8 | +3.2% |
| 2021 | $134.8 | $153.6 | +14% |
| 2022 | $153.6 | $141.6 | -7.8% |
| 2023 | $141.6 | $205.8 | +45% |
| 2024 | $205.8 | $270.6 | +32% |
| 2025 | $270.6 | $260.2 | -3.8% |
| 2026 YTD | $260.2 | $292.0 | +12% |
PRI has the edge over BAC on returns for 2026, with the stronger performance.