Bank of America (BAC) shares declined 2.78% to close at $53.85 as strong labor market data fueled broader market caution regarding potential interest rate cuts. Despite the recent dip, the company remains positioned for long-term growth with a significant valuation discount compared to industry peers.
- Management anticipates 5-7% NII growth in 2026, supported by a $40B share repurchase plan and projected loan/deposit growth of 5% and 4%, respectively.
- The firm maintains robust financial health with $975B in liquidity and successful stress test clearances, trading at a 2.04X P/TB ratio versus JPMorgan’s 3.18X.
- The stock closed at $53.85 on 2026-02-11 and saw a minor after-hours uptick to $53.88 (+0.06%).