BAC
Bank of America Corp
Price:  
39.70 
USD
Volume:  
22,161,160.00
United States | Banks
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BAC Fair Value

-59.69 %
Upside

As of 2024-05-27, the Fair Value of Bank of America Corp (BAC) is 16.00 USD. This value is based on the Peter Lynch's Fair Value formula. With the current market price of 39.70 USD, the upside of Bank of America Corp is -59.69%.

39.70 USD
Stock Price
16.00 USD
Fair Price
FAIR VALUE CALCULATION

BAC Fair Value

Peter Lynch's formula is:

BAC Fair Value
= Earnings Growth Rate x TTM EPS
BAC Fair Value
= 5.00 x 3.20
BAC Fair Value
= 16.00

The earnings growth rate we use in the formula is the average growth rate of net income/earnings over the last 5 years. If the average growth rate is smaller than 5%, we set it to 5%. If it is larger than 25%, we set it to 25%. If the TTM EPS is negative, Peter Lynch Fair Value's result can be unreliable.

Historical Earnings
2019-12-31 2020-12-31 2021-12-31 2022-12-31 2023-12-31 5Y Avg
Net income 27,430.00 17,894.00 31,978.00 27,528.00 26,515.00 26,269.00
YoY growth -2.55% -34.76% 78.71% -13.92% -3.68% 4.76%

BAC Fair Value - Key Data

Market Cap (mil) 310,468.70
P/E 12.40x
Forward P/E 10.85x
EPS 3.20
Avg earnings growth rate 4.76%
TTM earnings 25,028.00