Basis: FMP quote price / unrounded FMP forward EPS in the trading currency, available after its recorded retrieval time. Source: stored company filings and market data; unavailable inputs remain N/A.
The forward PE ratio is 12.49 as of 2026-09-17T11:00:28.189Z.
Consensus retrieved: 2026-09-13T22:18:08.716Z. This records retrieval, including cache reads, rather than vendor publication. The calculation uses the separately dated price and estimate available at its as-of time.
Calculation as of: 2026-09-17T11:00:28.189Z.
Quote observation: 2026-09-16T20:00:02.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: 217caa2174a6361715cc2a524aeeeb8c8290b844f6888af926c161c101658089
Forward PE Ratio (12.49) = Dated Quote Price ($57.90) / Consensus Forward EPS ($4.64)
FORWARD PE RATIO
12.49
SECTOR MEDIAN · FINANCIAL SERVICES
14.35
median of 87 covered companies
CURRENT VS SECTOR MEDIAN
-12.96%
vs the sector median at left
Bank of America Corporation
Market Cap
$410.89B
Forward PE Ratio
12.49
| NAME | MARKET CAP | FORWARD PE RATIO |
|---|---|---|
| Bank of America Corporation (BAC) | $410.89B | 12.49 |
| Mastercard Incorporated (MA)vs › | $497.94B | 28.45 |
| Invesco QQQ Trust, Series 1 (QQQ)vs › | $502.14B | N/A |
| Morgan Stanley (MS)vs › | $319.41B | 15.70 |
| The Goldman Sachs Group, Inc. (GS)vs › | $276.71B | 13.35 |
| Wells Fargo & Company (WFC)vs › | $263.24B | 11.94 |
| Citigroup Inc. (C)vs › | $228.00B | 11.88 |
| American Express Company (AXP)vs › | $210.99B | 17.70 |
| The Toronto-Dominion Bank (TD)vs › | $203.75B | N/A |
| The Charles Schwab Corporation (SCHW)vs › | $182.89B | 16.18 |
Trailing P/E
13.3
reported TTM EPS
Forward P/E
12.5
consensus EPS · fiscal year ending 2026-12-31
The gap between the two multiples is the consensus growth expectation: analysts' forward EPS of $4.64 implies +6.9% EPS growth vs the reported trailing $4.34.
At the dated quote price of $57.90, each upcoming fiscal year's consensus EPS implies a different multiple — how quickly the price is "paid down" by expected earnings if the estimates hold.
| Fiscal year end | Consensus EPS | Estimate range | Analysts | Implied P/E |
|---|---|---|---|---|
| 2026-12-31 | $4.64 | $4.54 – $4.96 | 15 | 12.5x |
| 2027-12-31 | $5.26 | $5.13 – $5.44 | 15 | 11.0x |
| 2028-12-31 | $5.89 | $5.68 – $6.12 | 8 | 9.8x |
Source: FMP analyst consensus estimates, refreshed with the daily precompute. "n/m" = the consensus EPS is not positive, so a multiple is undefined. There is no forward P/E history chart here because charting one would require the estimates as they stood in the past, which we do not store — see the trailing P/E history for how the realized multiple has moved.
PE Ratio = Share Price / Diluted EPS (TTM)
The price-to-earnings ratio measures how much investors pay for each dollar of trailing earnings. A lower PE can indicate a cheaper valuation; a higher PE implies higher growth expectations.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
