BAC
Bank of America Corporation Financial Services - Banking Investor Relations →
Bank of America Corporation (BAC) closed at $56.53 as of 2026-02-02, trading 53.3% above its 200-week moving average of $36.88. The stock moved further from the line this week, up from 44.7% last week. The 14-week RSI sits at 60, indicating neutral momentum.
Over the past 2715 weeks of data, BAC has crossed below its 200-week moving average 29 times. On average, these episodes lasted 25 weeks. Historically, investors who bought BAC at the start of these episodes saw an average one-year return of +21.1%.
With a market cap of $412.8 billion, BAC is a large-cap stock. Return on equity stands at 10.2%. The stock trades at 1.5x book value.
The company has been aggressively buying back shares, reducing its share count by 5.8% over the past three years.
Over the past 33.2 years, a hypothetical investment of $100 in BAC would have grown to $1012, compared to $2849 for the S&P 500. BAC has returned 7.2% annualized vs 10.6% for the index, underperforming the broader market over this period.
Free cash flow has been volatile over the past several years, making the quality of earnings harder to assess.
Growth of $100: BAC vs S&P 500
Monthly data normalized to $100 at start. Vertical dashed lines mark 200-week MA touches.
What Happens After BAC Crosses Below the Line?
Across 17 historical episodes, buying BAC when it crossed below its 200-week moving average produced an average return of +23.0% after 12 months (median +35.0%), compared to +7.1% for the S&P 500 over the same periods. 69% of those episodes were profitable after one year. After 24 months, the average return was +44.4% vs +21.9% for the index.
Each line shows $100 invested at the moment BAC crossed below its 200-week MA. Bold blue = stock average. Gray dashed = S&P 500 average over same periods.
Historical Touches
BAC has crossed below its 200-week MA 29 times with an average 1-year return of +21.1% after recovery.
| Crossed Below | Recovered | Weeks | Max Depth | 1-Year Return | Return Since Touch |
|---|---|---|---|---|---|
| Jan 1974 | Feb 1978 | 210 | 77.2% | -68.2% | +3950.6% |
| Mar 1978 | Mar 1978 | 1 | 0.1% | +6.7% | +12231.9% |
| Oct 1979 | Nov 1979 | 2 | 1.3% | +10.5% | +11582.9% |
| Feb 1980 | Mar 1980 | 6 | 13.0% | +22.1% | +11582.9% |
| Nov 1980 | Nov 1980 | 1 | 0.7% | +19.6% | +10781.1% |
| Dec 1980 | Dec 1980 | 2 | 2.8% | +22.8% | +10888.8% |
| Aug 1981 | Aug 1981 | 1 | 0.3% | N/A | +10176.6% |
| Sep 1981 | Sep 1981 | 1 | 1.7% | +8.4% | +10272.6% |
| Mar 1982 | Sep 1982 | 28 | 13.4% | +62.4% | +10082.3% |
| Oct 1987 | Jan 1988 | 12 | 16.5% | +67.8% | +3594.7% |
| Mar 1988 | Apr 1988 | 3 | 1.2% | +86.5% | +3167.8% |
| Sep 1990 | Feb 1991 | 21 | 39.9% | +28.1% | +1906.2% |
| Sep 1999 | Oct 1999 | 3 | 13.8% | -1.6% | +301.8% |
| Dec 1999 | Apr 2001 | 72 | 31.5% | -20.4% | +310.9% |
| May 2001 | May 2001 | 1 | 3.7% | +43.3% | +289.8% |
| Sep 2001 | Sep 2001 | 1 | 7.2% | +28.3% | +301.5% |
| Oct 2001 | Oct 2001 | 1 | 3.6% | +16.2% | +286.3% |
| Nov 2007 | Nov 2007 | 1 | 0.7% | -71.5% | +86.2% |
| Dec 2007 | Dec 2012 | 264 | 91.5% | -61.7% | +87.9% |
| Jan 2013 | Jan 2013 | 1 | 3.6% | +53.2% | +546.1% |
| Feb 2013 | Mar 2013 | 2 | 2.6% | +42.8% | +529.1% |
| Jan 2016 | Apr 2016 | 13 | 14.2% | +69.6% | +419.0% |
| May 2016 | May 2016 | 2 | 2.8% | +70.8% | +396.9% |
| Jun 2016 | Aug 2016 | 8 | 9.9% | +73.7% | +405.3% |
| Mar 2020 | Nov 2020 | 35 | 22.4% | +61.0% | +169.4% |
| Sep 2022 | Oct 2022 | 4 | 5.0% | -10.4% | +93.9% |
| Dec 2022 | Dec 2022 | 1 | 1.5% | +9.3% | +92.9% |
| Mar 2023 | Dec 2023 | 40 | 21.5% | +21.3% | +100.7% |
| Mar 2025 | Apr 2025 | 1 | 2.6% | N/A | +67.1% |
| Average | 25 | — | +21.1% | — |
Not financial advice. This is an educational tool. Past performance does not guarantee future results. Do your own research before making investment decisions.
Data as of Friday close, 2026-02-02