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Bank of America BAC Price / book

Price / book at other companies

JPMorgan Chase logo
JPMorgan ChaseJPM
2.2×+0.2×
U.S. Bancorp logo
U.S. BancorpUSB
1.2×+0.1×
Wells Fargo & Company logo
Wells Fargo & CompanyWFC
1.4×+0.1×
Truist Financial logo
Truist FinancialTFC
0.9×
PNC Financial Services logo
PNC Financial ServicesPNC
1.3×+0.1×
Citizens Financial Group logo
Citizens Financial GroupCFG
+0.3×

Other financials

Income statement

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Revenue$30.3B+7.2%
Net income$8.6B+16.6%
EPS (diluted)$1.11+24.7%

Balance sheet

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Cash & equivalents$242.48B-11.4%
Total debt$337.44B+7.7%
Total equity$300.67B+2.3%
Total assets$3.50T+4.4%

Cash flow

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Operating cash flow$41.8B+2,013%

Valuation

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Market cap$401.17B+9.8%
Enterprise value$496.13B+24.2%
P/E12.7×-0.6×
P/S3.5×+0.1×

Profitability

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Net margin27.3%+1.8pp

Returns & leverage

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Return on equity10.7%+1.2pp
Debt / equity1.1×+0.1×

Where this comes from

Calculated from Bank of America’s reported figures.

Based on the most recent quarter.

The official record: Bank of America’s 10-Q, filed May 1, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Bank of America's price / book?
Bank of America (BAC) reported price / book of 1.2× in Q1 2026.
How has Bank of America's price / book changed year-over-year?
Bank of America's price / book increased by 7.3% year-over-year, from 1.1× to 1.2×.
What is the long-term trend for Bank of America's price / book?
Over 4 years (2021 to 2025), Bank of America's price / book has grown at a -0.8% compound annual growth rate (CAGR), from 5× to 4.8×.
What does price / book mean?
How the market price compares to the company's accounting net worth.
How do you interpret price / book?
Below 1.0 can flag a market discount to book value (common for distressed or asset-heavy firms); high values reflect intangible value the balance sheet doesn't capture. Most informative for financials and asset-heavy businesses.
How does price / book compare across companies?
A core valuation gauge for banks and insurers; weak for asset-light firms where book value understates economic value.