NYSE: BAC · Diversified Banks
Bank of America (BAC) fair value: undervalued or overvalued?
As of 30 Sep 2026, Faircurve's model values Bank of America (BAC) at $53.64 a share. The stock last closed at $53.75, which puts the model's fair value 0.2% below the price. On the model's bands that reads as Fairly valued.
Revalued . Price is the close of 2 Oct 2026. Bank of America Corporation.
Faircurve Insights · 30 Sep 2026
Bank of America Corporation offers a comprehensive range of banking and financial products and services, operating globally through its various subsidiaries.
On 30 Sep 2026, Faircurve's model found a fair value of $53.64 a share, the midpoint of 2,000 simulations. This fair value moved -2.0% since the previous run on 26 Sep 2026. The calibrated range over 63 trading days is $49.96 to $61.08, built around the price from the volatility the stock's own options imply, calibrated weekly against realised prices (3,330 past valuations, refreshed 26 Sep 2026). Ranges built this way held the price 60% of the time at this horizon. The evidence grade is High.
Faircurve's model compares Bank of America Corporation with Wells Fargo & Company (WFC), Citigroup Inc. (C), and JPMorgan Chase & Co. (JPM). Moves around the last 8 earnings reports, measured from the close before each report to the close after it, include +3.5% on 14 Jul 2026 and -3.6% on 14 Jan 2026. The median size of these moves, ignoring direction, is 1.8%.
Written from the figures on this page for the 30 Sep 2026 valuation and checked by rule before publishing: every number is one printed here, no forecast, no instruction. The price, the gap and the verdict are the page's own and change daily. Not a recommendation.
What price range does the model give BAC?
The calibrated range for BAC over 63 trading days is $49.96 to $61.08. It sits around the last close, and its width comes from the volatility that BAC's own options imply (28% a year), calibrated weekly against realised prices (n = 3,330 past valuations, refreshed 26 Sep 2026). Ranges built this way held the price 60% of the time at this horizon. The fair value is the model's opinion and rides beside the range. It is not the centre of it.
The model's own simulated range, from the 20th to the 80th percentile of its runs, is $49.49 to $57.78. In 40% of the simulations the fair value came out above the price the model ran on.
How does BAC compare with similar companies?
The companies in diversified banks closest to Bank of America in market value, each on the same model and the same date.
| Company | Last close | Model fair value | Gap | Model verdict |
|---|---|---|---|---|
| WFC Wells Fargo & Company | $80.45 | $92.58 | +15.1% | Undervalued |
| C Citigroup Inc. | $128.50 | $131.44 | +2.3% | Fairly valued |
| JPM JPMorgan Chase & Co. | $332.38 | $316.05 | -4.9% | Fairly valued |
| USB U.S. Bancorp | $57.51 | $53.93 | -6.2% | Low evidence grade |
When does BAC report earnings, and how has the stock reacted?
Bank of America's next earnings report is scheduled for 14 Oct 2026. Companies can move their dates.
Options prices on 2 Oct 2026 imply a move of about 4.7% in either direction through the nearest expiry, about 13 days out, a window that includes the report. That is the size the market is pricing, not a direction. BAC's 30 day implied volatility works out to about 8.2% over one month.
How BAC moved around its last 8 earnings reports
Each move runs from the last close before the report to the first close after it, so it covers companies that report before the open and after the close. The median size across these 8 reports, ignoring direction, was 1.8%.
| Report date | Two session move |
|---|---|
| 14 Jul 2026 | +3.5% |
| 15 Apr 2026 | +0.3% |
| 14 Jan 2026 | -3.6% |
| 15 Oct 2025 | +0.7% |
| 16 Jul 2025 | +1.9% |
| 15 Apr 2025 | +1.8% |
| 16 Jan 2025 | -1.2% |
| 15 Oct 2024 | +2.1% |
Bank of America at a glance
Operating globally through its various subsidiaries, Bank of America Corporation offers a comprehensive range of banking and financial products and services.
- Market value
- $402.4B
- Sector
- Financial Services
- Industry
- Diversified Banks
- Consensus revenue growth, next fiscal year
- -35.4%
- Analysts with estimates
- 15
- Beta to the US market
- 1.06
- First valued by Faircurve
- 4 Jul 2026
How the fair value is worked out: the model prices Bank of America on the share price against the net assets on the balance sheet, adjusted for the earnings analysts expect (price to book value), runs 2,000 simulations across its inputs and takes the midpoint. The full method is documented here.
What changed in the latest valuation?
On 26 Sep 2026 the model's fair value for BAC was $54.76. As of 30 Sep 2026 it is $53.64, a change of -2.0%. The model revalues every stock it covers each week, and again after an earnings report.
Questions about Bank of America's valuation
Is Bank of America stock undervalued or overvalued?
On Faircurve's model, BAC reads as Fairly valued as of 30 Sep 2026. The model's fair value is $53.64 a share against a last close of $53.75, a gap of -0.2%.
What is BAC's fair value?
$53.64 a share as of 30 Sep 2026, the midpoint of 2,000 simulations. The model's own 20th to 80th percentile range is $49.49 to $57.78.
What price range does the model give BAC?
$49.96 to $61.08 over 63 trading days. Ranges built this way held the price 60% of the time across 3,330 past valuations, refreshed 26 Sep 2026.
When does Bank of America report earnings next?
The next report is scheduled for 14 Oct 2026. Companies can move their dates.
How much has BAC moved on past earnings reports?
Across its last 8 reports the median two session move was 1.8%, ignoring direction. The largest was -3.6% around the report of 14 Jan 2026.
How confident is the model in this valuation?
The model's evidence grade for BAC is high. For banks, insurers and mortgage real estate investment trusts (REITs) the grade looks at how many comparable companies there are and how closely they agree, how wide the range of outcomes is, and whether the model's valuation methods agree with each other. It is not a probability that the fair value is right, or that the price reaches it.