WallStSmart
BAC

Bank of America Corp

NYSE: BAC · FINANCIAL SERVICES · BANKS - DIVERSIFIED

$53.46
+1.10% today

Updated 2026-04-29

Market cap
$377.03B
P/E ratio
13.15
P/S ratio
3.44x
EPS (TTM)
$4.02
Dividend yield
2.09%
52W range
$40 – $57
Volume
40.4M
OverviewPrice TargetsFinancialsValuationInsidersEarnings

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

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

Price target summary

Current
$53.46
Consensus
$60.34
+12.87%
2030 Target
$62.96
+17.77%
DCF
—
—
20 analysts:
9 Buy4 Hold0 Sell

Management guidance

No specific CEO revenue targets found in available data. Management commentary emphasizes 'resilient' economy and strong deposit base. Q1 2026 results showed 13.36% YoY revenue growth (TTM $110.47B), with management maintaining positive outlook on net interest margin and diversified revenue streams across wealth management, trading, and lending.

Sources: Management guidance, analyst consensus, sector analysishigh confidence

Revenue & price projection

Actual revenue Projected revenue Base case Bull to bear range
Bull case (2030)
$99.69
$148.8B Rev × 4.8x P/S
Base case (2030)
$62.96
$148.8B Rev × 3x P/S
Bear case (2030)
$36.73
$148.8B Rev × 1.8x P/S

Financial forecast — research-backed

Metric2023202420252026 (E)2027 (E)2028 (E)2029 (E)2030 (E)
Revenue$98.6B$192.4B$191.6B$121.5B$128.6B$135.4B$142.1B$148.8B
Revenue growth—95.2%-0.5%13.1%5.8%5.3%5.0%4.7%
EPS$3.04$3.23$3.83$4.39$5.04$5.45$5.82$6.18
P/S ratio———3.0x3.0x3.0x3.0x3.0x
Implied price———$52.47$52.47$57.72$57.72$62.96

Catalysts & risks

Growth catalysts
+ Interest rate policy changes affecting net interest margin
+ Mergers & acquisitions activity and capital deployment
+ Continued dividend growth (12 consecutive years of increases)
+ Wealth management expansion amid rising affluent consumer base
+ Technology and AI integration in banking operations
Key risks
- Economic recession reducing loan demand and deposit flows
- Interest rate cuts compressing net interest margin
- Regulatory headwinds and capital requirements
- Litigation exposure ($12B class action on municipal bond rates)
- Credit quality deterioration in consumer and commercial portfolios

Methodology

Bank of America Corp's forward estimates are derived from AI-powered research synthesis combining analyst consensus from 20 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: April 24, 2026.