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Bank of America (BAC) Competitors

Bank of America logo
$44.17 +0.79 (+1.82%)
(As of 12/20/2024 05:45 PM ET)

BAC vs. RY, HSBC, HDB, MUFG, C, IBN, UBS, SMFG, TD, and SAN

Should you be buying Bank of America stock or one of its competitors? The main competitors of Bank of America include Royal Bank of Canada (RY), HSBC (HSBC), HDFC Bank (HDB), Mitsubishi UFJ Financial Group (MUFG), Citigroup (C), ICICI Bank (IBN), UBS Group (UBS), Sumitomo Mitsui Financial Group (SMFG), Toronto-Dominion Bank (TD), and Banco Santander (SAN). These companies are all part of the "banking" industry.

Bank of America vs.

Bank of America (NYSE:BAC) and Royal Bank of Canada (NYSE:RY) are both large-cap finance companies, but which is the superior investment? We will contrast the two companies based on the strength of their profitability, media sentiment, institutional ownership, risk, dividends, community ranking, analyst recommendations, earnings and valuation.

70.7% of Bank of America shares are owned by institutional investors. Comparatively, 45.3% of Royal Bank of Canada shares are owned by institutional investors. 0.3% of Bank of America shares are owned by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company is poised for long-term growth.

Bank of America has higher revenue and earnings than Royal Bank of Canada. Royal Bank of Canada is trading at a lower price-to-earnings ratio than Bank of America, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Bank of America$98.50B3.44$26.52B$2.7516.06
Royal Bank of Canada$57.49B2.97$11.92B$8.2614.62

Bank of America currently has a consensus price target of $45.92, suggesting a potential upside of 3.96%. Royal Bank of Canada has a consensus price target of $156.50, suggesting a potential upside of 29.64%. Given Royal Bank of Canada's stronger consensus rating and higher possible upside, analysts clearly believe Royal Bank of Canada is more favorable than Bank of America.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Bank of America
1 Sell rating(s)
8 Hold rating(s)
12 Buy rating(s)
1 Strong Buy rating(s)
2.59
Royal Bank of Canada
0 Sell rating(s)
1 Hold rating(s)
5 Buy rating(s)
1 Strong Buy rating(s)
3.00

In the previous week, Bank of America had 4 more articles in the media than Royal Bank of Canada. MarketBeat recorded 46 mentions for Bank of America and 42 mentions for Royal Bank of Canada. Bank of America's average media sentiment score of 0.52 beat Royal Bank of Canada's score of 0.51 indicating that Bank of America is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Bank of America
7 Very Positive mention(s)
18 Positive mention(s)
14 Neutral mention(s)
5 Negative mention(s)
0 Very Negative mention(s)
Positive
Royal Bank of Canada
9 Very Positive mention(s)
8 Positive mention(s)
23 Neutral mention(s)
2 Negative mention(s)
0 Very Negative mention(s)
Positive

Bank of America has a beta of 1.33, indicating that its share price is 33% more volatile than the S&P 500. Comparatively, Royal Bank of Canada has a beta of 0.86, indicating that its share price is 14% less volatile than the S&P 500.

Bank of America pays an annual dividend of $1.04 per share and has a dividend yield of 2.4%. Royal Bank of Canada pays an annual dividend of $4.37 per share and has a dividend yield of 3.6%. Bank of America pays out 37.8% of its earnings in the form of a dividend. Royal Bank of Canada pays out 52.9% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. Bank of America has increased its dividend for 11 consecutive years.

Bank of America has a net margin of 12.48% compared to Royal Bank of Canada's net margin of 12.08%. Royal Bank of Canada's return on equity of 15.26% beat Bank of America's return on equity.

Company Net Margins Return on Equity Return on Assets
Bank of America12.48% 10.09% 0.83%
Royal Bank of Canada 12.08%15.26%0.84%

Bank of America received 1266 more outperform votes than Royal Bank of Canada when rated by MarketBeat users. Likewise, 65.17% of users gave Bank of America an outperform vote while only 55.26% of users gave Royal Bank of Canada an outperform vote.

CompanyUnderperformOutperform
Bank of AmericaOutperform Votes
2028
65.17%
Underperform Votes
1084
34.83%
Royal Bank of CanadaOutperform Votes
762
55.26%
Underperform Votes
617
44.74%

Summary

Bank of America beats Royal Bank of Canada on 15 of the 21 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding {thisCompany.Symbol} and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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BAC vs. The Competition

MetricBank of AmericaNational commercial banks IndustryFinance SectorNYSE Exchange
Market Cap$338.91B$21.60B$10.30B$19.19B
Dividend Yield2.31%3.18%10.51%3.57%
P/E Ratio16.0626.4946.8741.24
Price / Sales3.442.953,166.1117.58
Price / Cash11.6711.0130.7121.28
Price / Book1.331.262.695.32
Net Income$26.52B$2.24B$1.03B$989.67M
7 Day Performance-3.31%-4.26%-2.68%-3.59%
1 Month Performance-4.10%-2.53%-2.17%-2.48%
1 Year Performance33.93%16.30%11.67%13.87%

Bank of America Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
BAC
Bank of America
4.8529 of 5 stars
$44.17
+1.8%
$45.92
+4.0%
+33.9%$338.91B$98.50B16.06213,000Analyst Revision
RY
Royal Bank of Canada
4.7831 of 5 stars
$124.51
+0.0%
$156.50
+25.7%
+22.0%$176.02B$98.71B15.0791,398Analyst Upgrade
News Coverage
HSBC
HSBC
1.7113 of 5 stars
$48.68
+0.2%
N/A+23.4%$175.39B$64.26B8.05220,861
HDB
HDFC Bank
2.3634 of 5 stars
$66.88
-0.2%
N/A-2.0%$169.36B$2.36T20.36213,527
MUFG
Mitsubishi UFJ Financial Group
3.1451 of 5 stars
$12.00
-0.7%
N/A+38.9%$139.89B$82.36B11.75140,000Gap Down
C
Citigroup
4.9838 of 5 stars
$71.44
+0.6%
$75.63
+5.9%
+38.2%$135.11B$80.41B20.68239,000
IBN
ICICI Bank
1.6483 of 5 stars
$31.43
+0.7%
N/A+26.5%$110.88B$1.83T21.23187,765Stock Split
UBS
UBS Group
2.0082 of 5 stars
$31.80
-0.2%
N/A-1.8%$101.96B$65.28B26.48112,842Positive News
SMFG
Sumitomo Mitsui Financial Group
2.8763 of 5 stars
$14.67
-1.5%
N/A+53.6%$95.95B$5.00T12.63120,000
TD
Toronto-Dominion Bank
4.5068 of 5 stars
$53.03
-0.4%
$80.50
+51.8%
-16.2%$92.82B$88.27B15.35103,257Analyst Downgrade
SAN
Banco Santander
3.9361 of 5 stars
$4.88
-0.6%
N/A+11.4%$77.23B$62.14B6.14212,764

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This page (NYSE:BAC) was last updated on 12/21/2024 by MarketBeat.com Staff
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