BAC Bank Of America PE ratio, current and historical analysis

As of Apr 1, 2025, the Bank Of America stock's price-to-earnings ratio is 12.77. This results from the current EPS of $3.25 and stock price of $41.49. The PE ratio has decreased by 7% from the past four quarters average of 13.7.

BAC PE ratio history

How has BAC's PE ratio performed in the past

The PE ratio of Bank Of America has averaged 12.16 over the last ten years. The current price-to-earnings ratio of 12.77 is 5% more than the historical average. In the past ten years, BAC's PE ratio reached its highest point in the Dec 2017 quarter at 18.11, when the stock price was $29.52 and the EPS was $1.63. The lowest point was recorded in the Sep 2023 quarter, when it reached 7.61 with a price of $27.38 and an EPS of $3.6.

Today
12.77
Average
12.16
Median
12.2
Minimum
7.61
Maximum
18.11

Bank Of America PE ratio by year

Maximum annual increase: 151.21% in 2014

Maximum annual decrease: -91.97% in 2012

Year PE ratio PE change Price EPS
2024 13.52 24.49% $43.95 $3.25
2023 10.86 5.23% $33.67 $3.1
2022 10.32 -16.5% $33.12 $3.21
2021 12.36 -23.33% $44.49 $3.6
2020 16.12 26.83% $30.31 $1.88
2019 12.71 36.23% $35.22 $2.77
2018 9.33 -48.48% $24.64 $2.64
2017 18.11 28.62% $29.52 $1.63
2016 14.08 15.41% $22.1 $1.57
2015 12.2 -70.67% $16.83 $1.38
2014 41.6 151.21% $17.89 $0.43
2013 16.56 -62.91% $15.57 $0.94
2012 44.65 -91.97% $11.61 $0.26
2011 556 N/A $5.56 $0.01
2010 N/A N/A $13.34 -$0.37

Bank Of America PE ratio by quarter (TTM)

Year PE ratio PE change Price EPS
Dec 2024 13.52 -5.26% $43.95 $3.25
Sep 2024 14.27 2.96% $39.68 $2.78
Jun 2024 13.86 6.7% $39.77 $2.87
Mar 2024 12.99 19.61% $37.92 $2.92
Dec 2023 10.86 42.71% $33.67 $3.1
Sep 2023 7.61 -7.2% $27.38 $3.6
Jun 2023 8.2 -3.98% $28.69 $3.5
Mar 2023 8.54 -17.25% $28.6 $3.35
Dec 2022 10.32 8.63% $33.12 $3.21
Sep 2022 9.5 -1.45% $30.2 $3.18
Jun 2022 9.64 -17.18% $31.13 $3.23
Mar 2022 11.64 -5.83% $41.22 $3.54
Dec 2021 12.36 -2.14% $44.49 $3.6
Sep 2021 12.63 -7.81% $42.45 $3.36
Jun 2021 13.7 -16.77% $41.23 $3.01

BAC average PE ratio chart

What is the average PE ratio of BAC for the past years

BAC's current P/E ratio is above the 3, 5 and 10-year averages.

3-year avg
10.85
5-year avg
11.86
10-year avg
12.16
15-year avg
26.12

BAC PE vs peers

What is BAC's PE ratio compared to its peers

BAC's PE ratio is less than its peer stock WFC, but it is above JPM's and C's. Bank Of America is presently trading at a higher PE ratio (12.77) than its peer group average of 11.52.

Stock name PE ratio Market cap
TRMK Trustmark Corp 9.45 $2.1B
USB Us Bancorp 11.02 $65.16B
C Citigroup Inc 11.7 $132.93B
JPM Jpmorgan Chase & Co 12.31 $681.3B
BAC Bank Of America Corp 12.77 $315.52B
WFC Wells Fargo & Company 13.13 $234.48B

Frequently asked questions

What is Bank Of America's PE ratio?

The price to earnings ratio for BAC stock is 12.77 as of Apr 1, 2025.

What is the 3-year average PE ratio for Bank Of America (BAC)?

The average PE ratio for BAC stock over the past 3 years is 10.85.

What is the 5-year average PE ratio for Bank Of America (BAC)?

The average PE ratio for BAC stock over the past 5 years is 11.86.

What is the highest PE ratio for BAC?

The highest quarterly PE ratio in the last ten years has been 18.11 and it was in the Dec 2017 quarter.

How does the current PE ratio for BAC compare to its historical average?

BAC's price to earnings ratio is currently 5% above its 10-year historical average.

How is BAC's PE ratio calculated (Bank Of America PE ratio formula)?

To determine the P/E ratio, divide the latest stock price by the TTM earnings per share (EPS). As of today (Apr 1, 2025), Bank Of America's stock price is $41.49. The earnings per share for the trailing twelve months (TTM) ending Dec 2024 is $3.25. Therefore, Bank Of America's price to earnings ratio for today is 12.77. PE RATIO(12.77) = STOCK PRICE($41.49) / TTM EPS($3.25)

All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from and Sharadar.