BAC Bank of America

bank · 2026-10-21

N/A

too hard · 59

Owner-earnings value$42.66

Price$50.64

Margin of safety -15.8%

Quality gate · 59/100

Returns on capital 9.6/30

Consistency 19.4/22

Margins / pricing power 4/16

Balance sheet 15.3/16

Cash conversion 5.0/10

Capital allocation 5.9/6

⚠ weak through-cycle ROE (10%)

Median ROE9.6%

FCF conversion38%

Share count / yr-3.4%

Profitable years4/4

Moat & management

Owner-earnings inputs

Owner earnings (TTM)	31.75B
Owner-earnings yield	9.0%
Free-cash-flow yield	16.0%
Growth used (normalized)	6.0%
Terminal growth	3.0%
Discount rate (hurdle)	10.6%

⚠ financial — owner earnings ≈ net income · financial — valued by residual income (ROE vs cost of equity on book equity)

Date	Quality	Price	Value	MoS	Rating
2026-10-21	59	$50.64	$42.66	-15.8%	N/A
2026-10-02	59	$53.73	$43.34	-19.3%	N/A
2026-09-15	59	$59.47	$45.20	-24.0%	N/A
2026-08-27	59	$62.23	$47.11	-24.3%	N/A
2026-08-10	59	$63.17	$47.14	-25.4%	N/A
2026-07-22	59	$61.22	$46.98	-23.3%	N/A
2026-07-03	59	$58.73	$47.70	-18.8%	N/A
2026-07-02	59	$58.36	$46.90	-19.6%	N/A
2026-06-26	62	$58.19	$47.08	-19.1%	N/A
2026-06-25	62	$57.73	$47.46	-17.8%	N/A
2026-06-24	62	$57.91	$46.76	-19.2%	N/A
2026-06-23	62	$57.91	$46.76	-19.2%	N/A

Date

Quality

Price

Value

MoS

Rating

2026-10-21

$50.64

$42.66

-15.8%

N/A

2026-10-02

$53.73

$43.34

-19.3%

N/A

2026-09-15

$59.47

$45.20

-24.0%

N/A

2026-08-27

$62.23

$47.11

-24.3%

N/A

2026-08-10

$63.17

$47.14

-25.4%

N/A

2026-07-22

$61.22

$46.98

-23.3%

N/A

2026-07-03

$58.73

$47.70

-18.8%

N/A

2026-07-02

$58.36

$46.90

-19.6%

N/A

2026-06-26

$58.19

$47.08

-19.1%

N/A

2026-06-25

$57.73

$47.46

-17.8%

N/A

2026-06-24

$57.91

$46.76

-19.2%

N/A

2026-06-23