Bank of America Hasn’t Run Out Of Steam Yet


  • Bank of America’s stock has outperformed the S&P 500 with a 39% total return since July 2023.
  • The stock currently trades at 1.2x price to book, a relative bargain compared to long term historical price to book valuations.
  • The latest concern about consumer credit card debt may be overblown, as charge off rates are moving in the right direction.

Bank of America


A Market Beater

We last covered banking behemoth Bank of America (NYSE:BAC) in July of 2023 (you can read that article here). At the time, we were bullish on the bank’s prospects. During that year the bank’s stock

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