Bank of America: Still Undervalued Despite A Great YTD Performance

ablokhin Bank of America (NYSE:BAC) is one of the major retail banks in the US, and through their four business segments, they managed to generate $93.359 billion in TTM revenue, $25.028 billion in net income, and a consolidated amount of $293.552 billion in total equity. This resulted in a market cap of $312.50 billion and a 2.35% TTM dividend yield. In this analysis, I will go through Bank of America's earnings evolution, outlook, risks, and valuation to decide on a buy rating of the stock despite its ...