How Is Bank of America’s Stock Performance Compared to Other Bank Stocks?

Core Insights - Bank of America Corporation (BAC) is a major financial institution based in Charlotte, North Carolina, offering a wide range of services including banking, investing, and asset management [1] - The company has a market capitalization of $379.22 billion, categorizing it as a "mega-cap" stock [2] Stock Performance - BAC's stock reached a 52-week high of $54.69 on November 12, reflecting strong investor sentiment, and is currently only down 4% from that peak [3] - Over the past three months, BAC's stock has gained 6.1%, outperforming the Invesco KBW Bank ETF (KBWB), which only gained 2.8% [3] - In the longer term, BAC's stock increased by 10.5% over the past 52 weeks and 21.5% over the past six months, compared to the Invesco KBW Bank ETF's gains of 9.7% and 21% respectively [4] Financial Performance - On October 15, BAC reported its third-quarter results for fiscal 2025, with total revenue increasing by 10.8% year-over-year to $28.09 billion, surpassing analysts' expectations of $27.28 billion [5] - The company's earnings per share (EPS) was $1.06, up 30.9% from the previous year and exceeding the expected $0.94 [5] - BAC experienced solid operating leverage with revenues growing faster than expenses, resulting in an efficiency ratio below 62% [6] Comparative Analysis - Compared to Wells Fargo & Company (WFC), which gained 10.7% over the past 52 weeks and 16.9% over the past six months, BAC has demonstrated superior performance in the same time frames [7]