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Bank of America (BAC) Competitors

$41.67
-0.01 (-0.02%)
(As of 07/26/2024 ET)

BAC vs. MUFG, ING, BBVA, NU, MFG, IX, BSBR, ALLY, BSAC, and SOFI

Should you be buying Bank of America stock or one of its competitors? The main competitors of Bank of America include Mitsubishi UFJ Financial Group (MUFG), ING Groep (ING), Banco Bilbao Vizcaya Argentaria (BBVA), NU (NU), Mizuho Financial Group (MFG), ORIX (IX), Banco Santander (Brasil) (BSBR), Ally Financial (ALLY), Banco Santander-Chile (BSAC), and SoFi Technologies (SOFI). These companies are all part of the "banking" industry.

Bank of America vs.

Mitsubishi UFJ Financial Group (NYSE:MUFG) and Bank of America (NYSE:BAC) are both large-cap finance companies, but which is the better business? We will compare the two businesses based on the strength of their community ranking, risk, analyst recommendations, earnings, media sentiment, dividends, profitability, institutional ownership and valuation.

Bank of America has a consensus price target of $41.92, suggesting a potential upside of 0.59%. Given Mitsubishi UFJ Financial Group's higher probable upside, analysts clearly believe Bank of America is more favorable than Mitsubishi UFJ Financial Group.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Mitsubishi UFJ Financial Group
0 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
N/A
Bank of America
1 Sell rating(s)
8 Hold rating(s)
11 Buy rating(s)
1 Strong Buy rating(s)
2.57

Mitsubishi UFJ Financial Group pays an annual dividend of $0.20 per share and has a dividend yield of 1.8%. Bank of America pays an annual dividend of $0.96 per share and has a dividend yield of 2.3%. Mitsubishi UFJ Financial Group pays out 23.0% of its earnings in the form of a dividend. Bank of America pays out 33.2% 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 received 1777 more outperform votes than Mitsubishi UFJ Financial Group when rated by MarketBeat users. Likewise, 65.72% of users gave Bank of America an outperform vote while only 64.36% of users gave Mitsubishi UFJ Financial Group an outperform vote.

CompanyUnderperformOutperform
Mitsubishi UFJ Financial GroupOutperform Votes
186
64.36%
Underperform Votes
103
35.64%
Bank of AmericaOutperform Votes
1963
65.72%
Underperform Votes
1024
34.28%

Bank of America has higher revenue and earnings than Mitsubishi UFJ Financial Group. Mitsubishi UFJ Financial Group 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
Mitsubishi UFJ Financial Group$82.36B1.58$10.29B$0.8712.79
Bank of America$171.91B1.90$26.52B$2.8914.42

Mitsubishi UFJ Financial Group has a beta of 0.61, suggesting that its stock price is 39% less volatile than the S&P 500. Comparatively, Bank of America has a beta of 1.35, suggesting that its stock price is 35% more volatile than the S&P 500.

Bank of America has a net margin of 13.28% compared to Bank of America's net margin of 12.68%. Mitsubishi UFJ Financial Group's return on equity of 10.56% beat Bank of America's return on equity.

Company Net Margins Return on Equity Return on Assets
Mitsubishi UFJ Financial Group12.68% 7.91% 0.40%
Bank of America 13.28%10.56%0.87%

13.6% of Mitsubishi UFJ Financial Group shares are held by institutional investors. Comparatively, 70.7% of Bank of America shares are held by institutional investors. 0.0% of Mitsubishi UFJ Financial Group shares are held by company insiders. Comparatively, 0.3% of Bank of America shares are held by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company will outperform the market over the long term.

In the previous week, Bank of America had 54 more articles in the media than Mitsubishi UFJ Financial Group. MarketBeat recorded 56 mentions for Bank of America and 2 mentions for Mitsubishi UFJ Financial Group. Mitsubishi UFJ Financial Group's average media sentiment score of 0.33 beat Bank of America's score of 0.04 indicating that Bank of America is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Mitsubishi UFJ Financial Group
1 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral
Bank of America
18 Very Positive mention(s)
6 Positive mention(s)
16 Neutral mention(s)
6 Negative mention(s)
2 Very Negative mention(s)
Neutral

Summary

Bank of America beats Mitsubishi UFJ Financial Group on 19 of the 20 factors compared between the two stocks.

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding BAC 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$325.87B$20.05B$9.85B$18.49B
Dividend Yield2.28%3.56%10.46%3.50%
P/E Ratio14.4211.3247.5625.42
Price / Sales1.902.233,570.5815.36
Price / Cash10.789.7128.5819.61
Price / Book1.221.212.725.08
Net Income$26.52B$2.34B$1.01B$977.27M
7 Day Performance-2.87%3.46%1.79%1.57%
1 Month Performance6.11%15.27%7.68%5.68%
1 Year Performance30.46%16.57%14.88%9.05%

Bank of America Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
MUFG
Mitsubishi UFJ Financial Group
2.9179 of 5 stars
2.92 / 5 stars
$11.42
+1.2%
N/A+46.4%$133.85B$82.36B13.12121,800Gap Down
ING
ING Groep
2.6356 of 5 stars
2.64 / 5 stars
$18.55
-0.5%
N/A+27.7%$64.87B$24.43B8.2146,000Upcoming Earnings
BBVA
Banco Bilbao Vizcaya Argentaria
2.6806 of 5 stars
2.68 / 5 stars
$11.10
+0.6%
N/A+39.0%$64.80B$31.97B7.55121,486Upcoming Earnings
Short Interest ↓
NU
NU
3.3623 of 5 stars
3.36 / 5 stars
$12.87
-0.9%
$12.98
+0.9%
+58.1%$61.31B$8.03B49.487,686Short Interest ↑
Gap Up
MFG
Mizuho Financial Group
3.8751 of 5 stars
3.88 / 5 stars
$4.50
+2.0%
N/A+33.4%$56.96B$60.60B14.9852,307Upcoming Earnings
Short Interest ↑
Gap Down
IX
ORIX
1.2026 of 5 stars
1.20 / 5 stars
$119.58
+1.0%
N/A+22.7%$27.77B$19.50B11.6433,807Upcoming Earnings
Short Interest ↑
News Coverage
BSBR
Banco Santander (Brasil)
3.0205 of 5 stars
3.02 / 5 stars
$5.11
-1.5%
$5.60
+9.6%
-19.0%$19.02B$39.97B0.0055,611Short Interest ↑
Negative News
ALLY
Ally Financial
4.8199 of 5 stars
4.82 / 5 stars
$42.28
+0.8%
$42.78
+1.2%
+50.4%$12.85B$8.21B17.2611,100Short Interest ↑
BSAC
Banco Santander-Chile
3.6538 of 5 stars
3.65 / 5 stars
$20.29
-1.5%
$20.48
+0.9%
-7.2%$9.56B$6.07B17.349,229Upcoming Earnings
Short Interest ↓
SOFI
SoFi Technologies
3.4583 of 5 stars
3.46 / 5 stars
$7.43
-1.5%
$9.29
+25.1%
-22.2%$7.86B$2.12B-23.974,400Upcoming Earnings

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This page (NYSE:BAC) was last updated on 7/27/2024 by MarketBeat.com Staff

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