Article Análisis Fundamental Análisis Fundamental de Bank of America Corporation (13/09/2025)

$BAC (Bank of America Corporation)

Fundamental analysis of Bank of America as of September 13, 2025

Bank of America (NYSE:BAC) is trading at $50.58 , with a total return of 33.9% over the past year and an estimated fair value of $62.87, implying a 24.3% upside potential from the current price. The analyst consensus maintains a positive outlook, with a "Strong Buy" recommendation (1.6/5) and an average price target of $53.52.

Solid profitability and significant growth potential​

• Net margin: 28.6% (Q2 2025), one of the highest in global banking.
• ROE: 9.8% (Q2 2025), in line with major US banks.
• PER LTM: 15.4x , adjusted to the sector average and attractive compared to the expected growth of 16.8% EPS in 2025.
• Analysts' fair value: $62.87 (+24.3% theoretical increase).
• Consensus target price: $54.00 (+6.8%).
• Beta 1.34: volatility higher than the sector average.

Liquidity, Solvency and Dividends​

• Total assets: $3.44 trillion (Q2 2025).
• Cash and cash equivalents: $838.14 billion.
• Total debt: 819.27 billion; high debt-to-equity ratio (296.7%).
• Market Cap Ratio: Market cap $374.64 billion.
• Dividend yield: 2.2%, with 55 consecutive years of payments and 11 consecutive annual increases.

Growth drivers and risks​

Strengths:

• Diversified model: retail banking, commercial banking, investment and wealth management.
• Low-cost deposit base, great competitive advantage.
• Net interest income (NII) and commissions are increasing.
• Focus on digitalization and operational efficiency.
• Potential for regulatory expansion (Basel 3) and deregulation.

Weaknesses:

• Weak gross margin compared to peers.
• High operating and regulatory costs.
• Exposure to the economic cycle and interest rates.
• Negative shareholder profitability in 2024 (-27%).

Opportunities:

• Asset revaluation in a high interest rate environment.
• Increased activity in trade and investment.
• Innovation in digital banking and fintech alliances.

Threats:

• Regulatory and legal pressure (OCC, CFPB).
• Fintech competition and traditional banks.
• Macro risks: recession, credit and geopolitics.
• Cybersecurity and the need for technological investment.

Stock market results and dynamism​

• Latest results (Q2 2025): EPS $0.89 (vs. $0.86 expected); revenue $26.5 billion (slightly lower).
• Projected revenue growth of 12.4% for fiscal year 2025; projected EPS for fiscal year 2025: $3.75.
• Price close to the annual maximum (52w maximum: $50.96).
• Maintains a 55-year dividend streak.

Comparison: Bank of America vs. Major US Banks

Ticker	Price	PER	ROE	Yield	Upside Consenso	WarrenAI Take
BAC	50,58 $	15.4x	9,8%	2,2%	6,8%	Upside and solidity
JPM	304,81 $	15.3x	16,2%	1,8%	0,7%	Leader in profitability
MTB	197,48 $	12.2x	9,5%	3,0%	11,2%	Attractive yield
PNC	203,15 $	13.6x	11,4%	3,4%	8,7%	Balanced regional

Perspectives

• BAC combines a solid balance sheet and growth potential, although it is not the most profitable (ROE) or the one that pays the most dividends.
• JPM leads in ROE and size, while MTB and PNC stand out in performance and valuation.

News and catalysts​

• Upcoming Investor Day presentation after 15 years, with possible closing of the valuation gap.
• The early repurchase of €2 billion in bonds strengthens the balance sheet and reduces future costs.
• Leads renewable energy financing ($305 million for Summit Ridge Energy).

Conclusion​

Bank of America maintains a solid profile, with moderate growth and growth potential above the sector's, although it faces challenges in margins and regulatory costs. The stock is trading near its all-time high, but fair value and consensus suggest further upside potential. Main risk: pressure on gross margin and a complex macroeconomic environment.

The content of this analysis is for informational purposes only and does not constitute investment advice.