WallStSmart
BAC

Bank of America Corp

NYSE: BAC · FINANCIAL SERVICES · BANKS - DIVERSIFIED

$56.02
+2.29% today

Updated 2026-06-12

Market cap
$372.43B
P/E ratio
13.02
P/S ratio
3.40x
EPS (TTM)
$4.03
Dividend yield
2.14%
52W range
$43 – $57
Volume
35.9M

Bank of America Corp (BAC) Financial Forecast & Price Target 2030

Research-backed projections from analyst consensus, management guidance, and sector analysis.

BAC · Bank of America Corp · Price target summary

Current
$56.02
Consensus
$61.06
+9.00%
2030 Target
$61.57
+9.91%
DCF
27 analysts:
22 Buy5 Hold0 Sell

Management guidance

No specific revenue targets or guidance figures found in provided materials. CEO/management commentary focuses on operational initiatives (M&A, technology investment, wealth management expansion) rather than quantified revenue goals. Recent news mentions strong Q1 2026 results and strategic positioning but lacks forward revenue guidance.

Sources: Management guidance, analyst consensus, sector analysishigh confidence

BAC · Bank of America Corp · Revenue & price projection · 2023–2030E

Actual revenue Projected revenue Base case Bull to bear range
Bear case (2030)
$35.92
$152.1B Rev × 1.8x P/S
Base case (2030)
$61.57
$152.1B Rev × 3x P/S
Bull case (2030)
$102.62
$152.1B Rev × 4.8x P/S
WallStSmart.com

Financial forecast — research-backed

Metric20252026 (E)2027 (E)2028 (E)2029 (E)2030 (E)
Revenue$191.6B$122.3B$128.7B$135.9B$143.8B$152.1B
Revenue growth-0.5%13.9%5.2%5.6%5.8%5.8%
EPS$3.83$4.51$5.10$5.68$6.25$6.82
P/S ratio3.0x3.0x3.0x3.0x3.0x
Implied price$51.31$51.31$56.44$61.57$61.57

BAC · Bank of America Corp · Catalysts & risks

Growth catalysts
+ M&A activity expansion with new Vice Chair of M&A appointed (Richard Hardegree)
+ Wealth management growth through Merrill Lynch advisor expansion (2,314 Forbes-recognized advisors)
+ Interest rate environment impact on net interest margin and lending activity
+ Digital banking and technology infrastructure investments driving efficiency
+ Economic indicators affecting consumer spending, credit quality, and investment banking fees
Key risks
- Macroeconomic uncertainty - BofA noted unexplained spending slump in U.S. economy
- Interest rate volatility affecting NIM and loan demand
- Regulatory pressures on capital requirements and asset caps
- Commercial real estate exposure and credit quality deterioration
- Competitive pressure from fintech and digital-first banking platforms

Methodology

Bank of America Corp's forward estimates are derived from AI-powered research synthesis combining analyst consensus from 27 Wall Street analysts, management guidance from the latest earnings call, and sector growth forecasts from industry research. Revenue and EPS projections use analyst consensus where available and conservative extrapolation with growth deceleration for outer years. Price targets are calculated using a tiered Price-to-Sales (P/S) methodology, where the P/S multiple is determined by the projected revenue growth rate.

WallStSmart proprietary research model · Not financial advice · Past performance is not indicative of future results · Last researched: May 11, 2026.