BAC · BANK OF AMERICA CORP

Back to holdings

Bank of America Corporation, through its subsidiaries, provides various financial products and services for individual consumers, small and middle-market businesses, institutional investors, large corporations, and governments worldwide. It operates through four segments: Consumer Banking, Global Wealth & Investment Management (GWIM), Global Banking, and Global Markets. The Consumer Banking segment offers traditional and money market savings accounts, certificates of deposit and IRAs, checking accounts, and investment accounts and products; credit and debit cards; residential mortgages and home equity loans; and direct and indirect loans.

Close · 3M

+19.10%

Held by 2 AI ETFs

AIVL4.035%

as of Sep 3

PQUS1.360%

as of Sep 1

Signal performance

Each tracked ETF's moves on this stock, grouped by fund. Returns are measured from the signal date to the latest close — hypothetical, no commissions or slippage.

Buy signals16

Win rate63% (10/16)

Avg buy return+0.49%

AIVLnow 4.035% of fund19 signals

AIVL · Weight decrease · 2d

weight 4.044% → 4.035% (-0.010 pp)·stock down 0.3% in the 30 days before

Sep 3·entry $63.04·now $62.68

-0.57%

since Sep 3

AIVL · Weight increase · 2d

weight 3.965% → 4.044% (+0.079 pp)·stock down 0.0% in the 30 days before

Aug 31·entry $61.94·now $62.68Fresh

+1.19%

since Aug 31

AIVL · Weight decrease · 2d

weight 4.051% → 3.965% (-0.086 pp)·stock up 0.2% in the 30 days before

Aug 27·entry $61.17·now $62.68

+2.47%

since Aug 27

AIVL · Weight increase · 2d

weight 4.005% → 4.051% (+0.045 pp)·stock up 0.5% in the 30 days before

Aug 25·entry $62.43·now $62.68Fresh

+0.40%

since Aug 25

AIVL · Weight decrease · 3d

weight 4.152% → 4.005% (-0.147 pp)·stock up 0.7% in the 30 days before

Aug 21·entry $61.69·now $62.68

+1.60%

since Aug 21

AIVL · Weight decrease · 2d

weight 4.152% → 4.019% (-0.133 pp)·stock up 0.4% in the 30 days before

Aug 20·entry $61.86·now $62.68

+1.33%

since Aug 20

AIVL · Accumulation · 5d

weight 4.075% → 4.152% (+0.078 pp)·stock up 6.3% in the 30 days before

Aug 18·entry $64.23·now $62.68Fresh

-2.41%

since Aug 18

AIVL · Accumulation · 5d

weight 4.072% → 4.121% (+0.049 pp)·stock up 4.9% in the 30 days before

Aug 14·entry $64.49·now $62.68Fresh

-2.81%

since Aug 14

AIVL · Weight increase · 3d

weight 4.075% → 4.186% (+0.111 pp)·stock up 6.9% in the 30 days before

Aug 12·entry $64.81·now $62.68Fresh

-3.29%

since Aug 12

AIVL · Weight increase · 2d

weight 4.075% → 4.145% (+0.070 pp)·stock up 7.6% in the 30 days before

Aug 11·entry $64.00·now $62.68Fresh

-2.06%

since Aug 11

AIVL · Weight decrease · 4d

weight 4.241% → 4.072% (-0.169 pp)·stock up 6.4% in the 30 days before

Aug 3·entry $62.48·now $62.68

+0.32%

since Aug 3

AIVL · Weight decrease · 3d

stock up 6.2% in the 30 days before

Jul 31·entry $61.95·now $62.68

+1.18%

since Jul 31

AIVL · Weight decrease · 2d

stock up 5.5% in the 30 days before

Jul 29·entry $61.07·now $62.68

+2.64%

since Jul 29

AIVL · Accumulation · 5d

stock up 7.4% in the 30 days before

Jul 22·entry $61.62·now $62.68Fresh

+1.72%

since Jul 22

AIVL · Accumulation · 5d

stock up 7.8% in the 30 days before

Jul 17·entry $61.27·now $62.68Drifting

+2.30%

since Jul 17

AIVL · Accumulation · 5d

stock up 9.9% in the 30 days before

Jul 15·entry $61.59·now $62.68Fresh

+1.77%

since Jul 15

AIVL · Accumulation · 5d

stock up 9.9% in the 30 days before

Jul 14·entry $60.62·now $62.68Drifting

+3.40%

since Jul 14

AIVL · Accumulation · 5d

stock up 9.6% in the 30 days before

Jul 10·entry $59.67·now $62.68Drifting

+5.04%

since Jul 10

AIVL · Weight increase · 2d

stock up 10.5% in the 30 days before

Jul 7·entry $59.86·now $62.68Drifting

+4.71%

since Jul 7

PQUSnow 1.360% of fund9 signals

PQUS · Weight decrease · 2d

weight 1.370% → 1.330% (-0.040 pp)·stock up 1.0% in the 30 days before

Aug 29·entry $61.94·now $62.68

+1.19%

since Aug 29

PQUS · Weight decrease · 3d

weight 1.400% → 1.350% (-0.050 pp)·stock up 0.7% in the 30 days before

Aug 23·entry $62.33·now $62.68

+0.56%

since Aug 23

PQUS · Weight decrease · 2d

weight 1.400% → 1.360% (-0.040 pp)·stock up 0.7% in the 30 days before

Aug 22·entry $62.33·now $62.68

+0.56%

since Aug 22

PQUS · Weight increase · 3d

weight 1.370% → 1.400% (+0.030 pp)·stock up 4.9% in the 30 days before

Aug 14·entry $64.49·now $62.68Fresh

-2.81%

since Aug 14

PQUS · Weight increase · 2d

weight 1.370% → 1.390% (+0.020 pp)·stock up 4.1% in the 30 days before

Aug 13·entry $64.09·now $62.68Fresh

-2.20%

since Aug 13

PQUS · Weight decrease · 2d

weight 1.400% → 1.370% (-0.030 pp)·stock up 6.6% in the 30 days before

Aug 7·entry $63.17·now $62.68

-0.78%

since Aug 7

PQUS · Weight decrease · 2d

weight 1.420% → 1.400% (-0.020 pp)·stock up 6.2% in the 30 days before

Aug 1·entry $62.48·now $62.68

+0.32%

since Aug 1

PQUS · Weight increase · 2d

stock up 7.5% in the 30 days before

Jul 25·entry $62.13·now $62.68Fresh

+0.89%

since Jul 25

PQUS · Weight increase · 2d

stock up 10.1% in the 30 days before

Jul 16·entry $61.49·now $62.68Fresh

+1.94%

since Jul 16

LQAIno longer held1 signal

LQAI · Exit · 1d

weight 0.140% → 0 (exited)·stock up 8.1% in the 30 days before

Aug 6·entry $63.00·now $62.68

-0.51%

since Aug 6

AIEQno longer held1 signal

AIEQ · Exit · 1d

weight 0.050% → 0 (exited)·stock up 6.2% in the 30 days before

Aug 2·entry $62.48·now $62.68

+0.32%

since Aug 2

Sell signals show what the stock did after the AI exited. A negative number means the AI's exit was well-timed.

Buffett-style framework

Fails the frameworkas of Aug 23

AI ETFs show mixed activity for Bank of America, with recent weight decrease trends from AIVL and PQUS partially aligning with this framework's 'Fail' verdict due to financial health concerns. However, the ETFs' overall holding and prior accumulation suggest they may apply different valuation models or risk assessments than this framework's strict financial criteria.

Circle of CompetenceAs a large, diversified bank, Bank of America's core operations possess predictable unit economics, allowing for reasonable long-term cash flow projections despite industry cycles.
Economic MoatBank of America benefits from strong brand recognition, significant economies of scale, high switching costs for customers, and regulatory barriers to entry, all contributing to a durable economic moat.
ManagementThe provided data is insufficient to assess management's candor, capital allocation discipline, or 'skin in the game'.
Financial HealthThe most recent ROE of 11.13% does not meet the framework's strict 10-year average ROE threshold of 15%, and critical data for comprehensive assessment of operating margins, manageable debt, and owner earnings are not provided.
Margin of SafetyWithout a conservative estimate of intrinsic value, it is not possible to determine if the current price offers a sufficient margin of safety.

Bank of America passes the initial tests for being within the circle of competence and possessing a durable economic moat. However, the analysis concludes with a 'Fail' verdict because key financial health metrics, particularly the 10-year average Return on Equity and owner earnings, could not be confirmed as meeting the framework's demanding standards from the available data. Without a clear demonstration of strong financial performance and a discernible margin of safety, the company does not qualify under this value investing approach.

Educational interpretation generated by AI applying frameworks Warren Buffett documented in his shareholder letters and other public writings. Not a statement by Mr. Buffett or Berkshire Hathaway, and not investment advice.