BAC
Bank of America Corporation
BAC has the edge over WHG overall, supported by stronger fundamentals and stronger valuation.
WHG
Westwood Holdings Group, Inc.
WHG 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.
WHG Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Healthy | |
| N/A | |
| N/A |
WHG'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 WHG.
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 WHG in the historical PE scenario, which offers more potential upside but is not a forecast.
WHG PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 14x | $11.25 | -40% |
| Fair | 23x | $18.30 | -1.8% |
| Current | 23x | $18.63 | — |
| Expensive | 50x | $40.71 | +119% |
Historical ranges are pointers, not guarantees.
WHG's PE is in its fair range at 23x.
BAC Forward outlook
| Metric | Outlook |
|---|---|
| Improving | |
| Growth | |
| Growth | |
| Strongly improving | |
| Limited | |
| Moderate |
Analysts expect earnings and revenue growth for BAC, with profitability improving.
WHG Forward outlook
There aren't enough analyst estimates for WHG 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 edge over WHG on earnings, with more consistent year-over-year improvement.
WHG Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q3 2026 | $0.81 | +350% |
| Q2 2026 | $0.88 | +$1.10 |
| Q1 2026 | $0.83 | +$1.44 |
| Q4 2025 | $0.79 | +$1.18 |
| Q3 2025 | $0.18 | -44% |
| Q2 2025 | -$0.22 | -131% |
| Q1 2025 | -$0.61 | -145% |
| Q4 2024 | -$0.39 | -133% |
WHG's earnings per share have fallen from their peak: $0.81 over the past year, against $1.35 in early 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 WHG 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 WHG on profitability, with a higher operating margin.
WHG Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $26.6M | +9.4% |
| Q2 2026 | $25.3M | +9.6% |
| Q1 2026 | $25M | +7.4% |
| Q4 2025 | $27.1M | +32% |
| Q3 2025 | $24.3M | +2.4% |
| Q2 2025 | $23.1M | +1.9% |
| Q1 2025 | $23.3M | +2.3% |
| Q4 2024 | $20.5M | -12% |
WHG's revenue has grown year over year for seven quarters in a row: $27M last quarter, up 9.4% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 5.2% | -3.1 points |
| Q2 2026 | 8.1% | +4.4 points |
| Q1 2026 | -6% | -5.7 points |
| Q4 2025 | 8% | -4.5 points |
| Q3 2025 | 8.3% | +10 points |
| Q2 2025 | 3.8% | +22 points |
| Q1 2025 | -0.3% | -13 points |
| Q4 2024 | 13% | +0.3 points |
WHG's operating margin was 5.2% last quarter, down 3.1 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.
WHG Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $5.9M | -30% |
| Q1 2026 | -$2.8M | +$2.1M |
| Q4 2025 | $8M | -9.7% |
| Q3 2025 | $8.5M | +1531% |
| Q1 2025 | -$4.9M | -160% |
| Q4 2024 | $8.8M | +98% |
| Q3 2024 | $519K | +$2.3M |
| Q1 2024 | $8.1M | +$11.4M |
WHG's free cash flow was $16M over the past year, up 25% from the year before. Free cash flow isn't a meaningful measure for financial services companies like WHG.
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 WHG 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.
WHG Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +1.2% | +112K shares |
| 1 year | +2.8% | +251K shares |
| 3 years | +13% | +1.1M shares |
| 5 years | +16% | +1.2M shares |
| Available history | +8.6% | +729K shares |
WHG has 9M diluted shares, up 2.8% from a year ago.
| Quarter | Spent |
|---|---|
| Q4 2025 | — |
| Q3 2025 | — |
| Q4 2024 | — |
| Q3 2024 | $273,000 |
| Q4 2023 | — |
| Q3 2023 | — |
| Q2 2023 | — |
| Q1 2023 | — |
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.
WHG Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -3.3x | Net Cash |
| Q2 2026 | -2.7x | Net Cash |
| Q1 2024 | -2.0x | Net Cash |
| Q4 2023 | -1.9x | Net Cash |
| Q3 2023 | -4.5x | Net Cash |
| Q2 2022 | -3.3x | Net Cash |
| Q1 2022 | -2.7x | Net Cash |
| Q4 2021 | -1.8x | Net Cash |
WHG 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).
WHG Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 50.4 | Neutral |
| Stochastic | 27.1 | Neutral |
WHG's weekly RSI is 50 (neutral) and its Stochastic is 27 (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 WHG on valuation relative to its sector.
WHG PE vs Financial Services Sector
| Metric | WHG | Sector median | Relative |
|---|---|---|---|
| PE | 23x | 13x | 77% above |
| PE % | 51 | 63 | 12 pts below |
WHG is trading at 23x earnings, a 77% 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.
WHG Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $18.9 | 1.4% below |
| 20 week MA | $19.2 | 3% below |
| 50 week MA | $17.9 | 4% above |
| 100 week MA | $17.1 | 9.3% above |
| 200 week MA | $14.7 | 27% above |
WHG 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.
WHG Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $29.6 | $13.4 | -55% |
| 2021 | $13.4 | $16.8 | +26% |
| 2022 | $16.8 | $10.5 | -38% |
| 2023 | $10.5 | $12.6 | +20% |
| 2024 | $12.6 | $14.1 | +12% |
| 2025 | $14.1 | $17.8 | +26% |
| 2026 YTD | $17.8 | $18.6 | +4.7% |
WHG has the edge over BAC on returns for 2026, with the stronger performance.