BAC
Bank of America Corporation
BAC has a slight edge over PRU overall, supported by stronger modeled upside and stronger fundamentals.
PRU
Prudential Financial, Inc.
PRU 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.
PRU Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Healthy | |
| N/A | |
| N/A |
PRU's profitability is currently healthy, and its revenue is stable. Free cash flow and net leverage aren't meaningful measures for financial services companies like PRU.
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 PRU in the historical PE scenario, which offers more potential upside but is not a forecast.
PRU PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 7.6x | $83.42 | -32% |
| Forward | 9.2x | $122 | — |
| Current | 11x | $122 | — |
| Fair | 15x | $161 | +31% |
| Expensive | 31x | $339 | +177% |
Historical ranges are pointers, not guarantees.
PRU's PE is in its fair range at 11x. On analysts' estimates for next year's earnings, today's price would be 9.2x, in its cheap range.
BAC Forward outlook
| Metric | Outlook |
|---|---|
| Improving | |
| Growth | |
| Growth | |
| Strongly improving | |
| Limited | |
| Moderate |
BAC has the edge over PRU on the outlook, with more favorable earnings and revenue expectations.
PRU Forward outlook
| Metric | Outlook |
|---|---|
| Improving | |
| Stable | |
| Stable | |
| Stable | |
| Limited | |
| Low |
Analysts expect PRU's earnings, revenue and profitability to hold roughly 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'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.
PRU Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $13.31 | +21% |
| Q3 2026 | $10.98 | +50% |
| Q2 2026 | $11.03 | +143% |
| Q1 2026 | $9.71 | +53% |
| Q4 2025 | $9.99 | +33% |
| Q3 2025 | $7.31 | -35% |
| Q2 2025 | $4.54 | -42% |
| Q1 2025 | $6.34 | +7.8% |
| Q4 2024 | $7.50 | +12% |
PRU's earnings per share have fallen from their peak: $10.98 over the past year, against $19.51 in late 2021.
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 PRU 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 has the edge over PRU on profitability, with a higher operating margin.
PRU Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $14.4B | -19% |
| Q2 2026 | $15.7B | +14% |
| Q1 2026 | $15.5B | +15% |
| Q4 2025 | $15.7B | +25% |
| Q3 2025 | $17.9B | -8.2% |
| Q2 2025 | $13.7B | -7.8% |
| Q1 2025 | $13.5B | -43% |
| Q4 2024 | $12.5B | -17% |
PRU's revenue is growing: $14.4B last quarter, down 19% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 11% | +1.4 points |
| Q2 2026 | 7.5% | +2.1 points |
| Q1 2026 | 4.7% | -2.1 points |
| Q4 2025 | 7.7% | +8.9 points |
| Q3 2025 | 10% | +7.1 points |
| Q2 2025 | 5.4% | -4.1 points |
| Q1 2025 | 6.8% | +0.9 points |
| Q4 2024 | -1.2% | -12 points |
PRU's operating margin was 11% last quarter, up 1.4 points from the same quarter a year ago.
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.
PRU Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $3.9B | -8.4% |
| Q2 2026 | $2.3B | +102% |
| Q1 2026 | $1B | +$3.5B |
| Q4 2025 | $3.3B | +43% |
| Q3 2025 | $4.3B | +289% |
| Q2 2025 | $1.2B | +$1.3B |
| Q1 2025 | -$2.5B | -148% |
| Q4 2024 | $2.3B | +111% |
PRU has the edge over BAC on cash flow, with more consistent year-over-year improvement.
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 PRU 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.
PRU Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.5% | -1.7M shares |
| 1 year | -1.9% | -6.6M shares |
| 3 years | -4.5% | -16.2M shares |
| 5 years | -10% | -40.4M shares |
| Available history | -16% | -64.5M shares |
PRU has 346M diluted shares, down 1.9% from a year ago, with $1B in buybacks over the past year.
| Quarter | Spent |
|---|---|
| Q3 2026 | $250M |
| Q2 2026 | $250M |
| Q1 2026 | $246M |
| Q4 2025 | $254M |
| Q3 2025 | $250M |
| Q2 2025 | $250M |
| Q1 2025 | $246M |
| Q4 2024 | $254M |
PRU spent $1B buying back its own shares over the past year, about the same as 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.
PRU Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q2 2026 | 1.2x | Healthy |
| Q4 2024 | 0.5x | Very low |
| Q3 2023 | 3.4x | Elevated |
| Q2 2023 | 3.8x | Elevated |
| Q1 2023 | 11.2x | High |
| Q3 2022 | 1.1x | Healthy |
| Q2 2022 | 2.0x | Healthy |
| Q1 2022 | 1.0x | Healthy |
PRU 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).
PRU Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 61.4 | Neutral |
| Stochastic | 48.9 | Neutral |
PRU's weekly RSI is 61 (neutral) and its Stochastic is 49 (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.
PRU PE vs Financial Services Sector
| Metric | PRU | Sector median | Relative |
|---|---|---|---|
| PE | 11x | 13x | 14% below |
| PE % | 42 | 63 | 21 pts below |
PRU 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.
PRU Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $116.8 | 4.8% above |
| 20 week MA | $118.5 | 3.3% above |
| 50 week MA | $110.0 | 11% above |
| 100 week MA | $108.7 | 13% above |
| 200 week MA | $106.5 | 15% above |
PRU 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.
PRU Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $93.2 | $76.7 | -18% |
| 2021 | $76.7 | $108.3 | +41% |
| 2022 | $108.3 | $99.6 | -8% |
| 2023 | $99.6 | $103.7 | +4.2% |
| 2024 | $103.7 | $119.1 | +15% |
| 2025 | $119.1 | $114.0 | -4.3% |
| 2026 YTD | $114.0 | $122.4 | +7.4% |
PRU has the edge over BAC on returns for 2026, with the stronger performance.