BAC
Bank of America Corporation
BAC has the edge over UNM overall, supported by stronger modeled upside and lower modeled downside.
UNM
Unum Group
UNM trails on the overall score without a compensating advantage in the available component scores.
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.
UNM Fundamentals
| Metric | Status |
|---|---|
| Under pressure | |
| Stable | |
| N/A | |
| N/A |
UNM's profitability is currently stable, but its revenue is under pressure. Free cash flow and net leverage aren't meaningful measures for financial services companies like UNM.
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 UNM in the historical PE scenario, which offers more potential upside but is not a forecast.
UNM PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 5.9x | $8.45 | -89% |
| Fair | 7.4x | $10.64 | -87% |
| Forward | 9.4x | $79.09 | — |
| Expensive | 9.5x | $13.57 | -83% |
| Current | 55x | $79.09 | — |
Historical ranges are pointers, not guarantees.
UNM's PE is in its expensive range at 55x. On analysts' estimates for next year's earnings, today's price would be 9.4x.
BAC Forward outlook
| Metric | Outlook |
|---|---|
| Improving | |
| Growth | |
| Growth | |
| Strongly improving | |
| Limited | |
| Moderate |
BAC has the edge over UNM on the outlook, with more favorable earnings and revenue expectations.
UNM Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Stable | |
| Stable | |
| Stable | |
| Limited | |
| High |
Analysts expect UNM's earnings, revenue and profitability to hold roughly 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 has the edge over UNM on earnings, with more consistent year-over-year improvement.
UNM Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $8.40 | +487% |
| Q3 2026 | $1.43 | -72% |
| Q2 2026 | $4.31 | -48% |
| Q1 2026 | $4.62 | -46% |
| Q4 2025 | $4.27 | -55% |
| Q3 2025 | $5.12 | -45% |
| Q2 2025 | $8.35 | +23% |
| Q1 2025 | $8.48 | +26% |
| Q4 2024 | $9.46 | +46% |
UNM's earnings per share have fallen from their peak: $1.43 over the past year, against $9.46 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 edge over UNM 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 UNM on profitability, with a higher operating margin.
UNM Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $2.5B | -25% |
| Q2 2026 | $3.4B | +0.3% |
| Q1 2026 | $3.4B | +8.5% |
| Q4 2025 | $3.2B | +0.2% |
| Q3 2025 | $3.4B | +5% |
| Q2 2025 | $3.4B | +4% |
| Q1 2025 | $3.1B | -3.4% |
| Q4 2024 | $3.2B | +2.9% |
UNM's revenue has slid since its 2020 peak: $2.5B last quarter, down 25% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | -22% | -23 points |
| Q2 2026 | 9.8% | -2.6 points |
| Q1 2026 | 9% | +1.1 points |
| Q4 2025 | 6.7% | -7 points |
| Q3 2025 | 1.6% | -14 points |
| Q2 2025 | 12% | -2.9 points |
| Q1 2025 | 7.9% | -7.6 points |
| Q4 2024 | 14% | +0.1 points |
UNM's operating margin was −22% last quarter, down 23 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'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.
UNM Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $529.6M | +$932.2M |
| Q2 2026 | $474.3M | +48% |
| Q1 2026 | $301.2M | -5.2% |
| Q4 2025 | $320.1M | -29% |
| Q3 2025 | -$402.6M | -214% |
| Q2 2025 | $320.1M | +2.8% |
| Q1 2025 | $317.8M | +18% |
| Q4 2024 | $453.8M | +52% |
UNM 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 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.
UNM Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.9% | -1.4M shares |
| 1 year | -7% | -12M shares |
| 3 years | -20% | -38.5M shares |
| 5 years | -23% | -46.5M shares |
| Available history | -24% | -51.2M shares |
UNM has the edge over BAC on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $198.5M |
| Q2 2026 | $209.9M |
| Q1 2026 | $398.8M |
| Q4 2025 | $258.5M |
| Q3 2025 | $250.9M |
| Q2 2025 | $300.4M |
| Q1 2025 | $200.5M |
| Q4 2024 | $472.9M |
UNM spent $1.1B buying back its own shares over the past year, down 13% 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 has the edge over UNM on leverage, with a lower net debt burden relative to earnings.
UNM Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 7.8x | High |
| Q2 2026 | 3.4x | Elevated |
| Q1 2026 | 3.2x | Elevated |
| Q4 2025 | 3.4x | Elevated |
| Q3 2025 | 2.7x | Moderate |
| Q2 2025 | 1.5x | Healthy |
| Q1 2025 | 1.9x | Healthy |
| Q4 2024 | 1.7x | Healthy |
UNM's net debt is about 7.8 years of its operating earnings (EBITDA), up from 2.7 years a year ago. Net leverage isn't a meaningful measure for financial services companies like UNM.
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).
UNM Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 40.3 | Neutral |
| Stochastic | 34.1 | Neutral |
UNM's weekly RSI is 40 (neutral) and its Stochastic is 34 (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 has the edge over UNM on valuation relative to its sector.
UNM PE vs Financial Services Sector
| Metric | UNM | Sector median | Relative |
|---|---|---|---|
| PE | 55x | 13x | 325% above |
| PE % | 100 | 63 | 37 pts above |
UNM is trading at 55x earnings, a 325% premium to the Financial Services sector's median of 13x.
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.
UNM Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $87.7 | 9.8% below |
| 20 week MA | $89.7 | 12% below |
| 50 week MA | $83.0 | 4.7% below |
| 100 week MA | $79.8 | 0.9% below |
| 200 week MA | $65.0 | 22% above |
UNM has fallen below most of its moving averages, though it's still 22% above 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 finished higher in four of the last six years. It's down 10% so far in 2026.
UNM Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $28.8 | $21.9 | -24% |
| 2021 | $21.9 | $24.5 | +12% |
| 2022 | $24.5 | $41.1 | +68% |
| 2023 | $41.1 | $45.2 | +10% |
| 2024 | $45.2 | $73.2 | +62% |
| 2025 | $73.2 | $78.8 | +7.7% |
| 2026 YTD | $78.8 | $79.1 | +0.3% |
UNM has the edge over BAC on returns for 2026, with the stronger performance.