Bank of America (BAC) Beats Stock Market Upswing: What Investors Need to Know
Looking at its valuation, Bank of America is holding a Forward P/E ratio of 13.43. This indicates a discount in contrast to its industry's Forward P/E of 16.26. It is also worth noting that BAC currently has a PEG ratio of 1.92. Comparable to the widely accepted P/E ratio, the PEG ratio also accounts for the company's projected earnings growth. As the market ... Looking at its valuation, Bank of America is holding a Forward P/E ratio of 13.43. This indicates a discount in contrast to its industry's Forward P/E of 16.26. It is also worth noting that BAC currently has a PEG ratio of 1.92. Comparable to the widely accepted P/E ratio, the PEG ratio also accounts for the company's projected earnings growth. As the market closed yesterday, the Financial - Investment Bank industry was having an average PEG ratio of 1.58.Bank of America Corporation (BAC) : Free Stock Analysis Report · This article originally published on Zacks Investment Research (zacks.com). ... U.S. markets closedIn the most recent trading session, Bank of America (BAC) closed at $50.29, indicating a +1.68% shift from the previous trading day.Analysts and investors alike will be keeping a close eye on the performance of Bank of America in its upcoming earnings disclosure. The company's earnings report is set to go public on October 15, 2025. In that report, analysts expect Bank of America to post earnings of $0.94 per share.