Stock fact sheet · data as of
Bank of America Corporation PFD SER B 7% (BACRP): fair value, margin of safety and Wheel Score
Financial Services · Banks - Diversified · United States · Defensive
Is BACRP undervalued?
BACRP has a margin of safety of 38%: the stock closed at 300.00 on 16 Oct 2026 against a GLS average fair value of 483.13. 5 of the 9 valuation models that produced a number sit above the price. Our screens treat a discount this large as a strong starting point for a cash-secured put, not as a verdict - the fair value is a model output, and a wide gap can mean the models are missing something the market knows.
The 9 models disagree widely: DDM gives 17.07 while GLS Growth gives 1,595.21. A spread that wide means the average is sensitive to which methods you trust; the model table below shows where each one lands, and the Quote page lets you switch any of them off.
The nightly engine files BACRP under Defensive: a low beta, a dividend and positive earnings.
Nine valuation models for BACRP
Each model turns the latest filed numbers into a value per share; the GLS fair value is the simple average of the ones that produce a positive number. The last two rows are shown for reference and never enter the average. The Quote page lets you switch any model off and add your own margin of safety.
| Model | Value | vs price | What it measures |
|---|---|---|---|
| DCF | 29.88 | -90% | Present value of the projected free cash flows, discounted at the cost of capital |
| Graham Number | 64.74 | -78% | The most a defensive investor pays for the earnings and book value per share |
| Graham Growth | 986.20 | +229% | Graham's growth formula: EPS × (8.5 + 2 × growth), adjusted for bond yields |
| Lynch | 393.57 | +31% | EPS × the earnings growth rate (PEG of 1), growth capped at 25% |
| GLS Growth | 1,595.21 | +432% | EPS compounded ten years at the blended growth rate, discounted back at 15% a year |
| 10 Cap | 447.48 | +49% | Owner's earnings (operating cash flow less maintenance capex) capitalised at 10% |
| Payback Time | 524.50 | +75% | Eight years of compounded free cash flow: the price at which the business pays for itself |
| DDM | 17.07 | -94% | Dividend discount model: next year's dividend ÷ (10% − 3% growth); needs a dividend |
| EPV | 289.52 | -3% | Earnings power value: current EPS capitalised at 9% with no growth |
| Zombie (liquidation) | -1,692.88 | -664% | Current assets less all liabilities, per share: the balance-sheet floor. Not in the average |
| Wall St target | 0.0000 | -100% | Analysts' average 12-month price target. Not in the average |
Quality and financial health
On financial health BACRP scores 7/9 (Piotroski): most of the nine tests - positive earnings and cash flow, falling debt, rising margins and turnover - are passed, which is the kind of balance sheet a wheel trader is happy to be assigned. The GLS Moat score is 5.2 out of 10: a ten-year record that is consistent in some of the metrics the score tracks (revenue, earnings, margins, cash flow, returns on capital) and patchy in others.
Returns on capital are thin or negative - ROIC 4.6%, ROE 10.1%, ROA 0.9% - with debt at 1.21 times equity and a free-cash-flow yield of 26.2%.
The dividend yield is 2.24% at a payout ratio of 30%; for a wheel trader holding assigned shares the dividend adds to the covered-call premium, and the ex-dividend date is worth knowing before a call is sold. Revenue comes mainly from Net interest income 51%, Fees and commissions 35%, Market making and similar activities 13% (quarter Q2 FY2026).
Institutional ownership scores 5/10, insider activity 1/10 and Congressional trading 5/10 on the GLS smart-money scales.
| Piotroski F-score | 7 / 9 | ROIC | 4.6% |
|---|---|---|---|
| GLS Moat | 5.2 / 10 | ROE | 10.1% |
| Debt / equity | 1.21 | ROA | 0.9% |
| Free-cash-flow yield | 26.2% | Payout ratio | 30% |
| Institutions | 5 / 10 | Insiders · Congress | 1 · 5 / 10 |
Wheel Score 39: No options
BACRP has no listed options in the nightly snapshot, so there is nothing to sell and the stock cannot be wheeled however good the business; the Wheel Score is capped at 39 and shown as "No options" (39 here). The valuation and quality numbers still apply to owning the shares outright.
Volume runs at 0k shares a day on a market cap of $361.5B, with a beta of -0.42 - a low beta, so day-to-day moves are smaller than the market's; the Stability part of the Wheel Score gives that 12 of 20.
| Part | Points | From | |
|---|---|---|---|
| Value | 25 / 25 | 38% margin of safety | |
| Health | 16 / 20 | Piotroski 7/9 | |
| Moat | 8 / 15 | moat 5.2/10 | |
| Premium | 0 / 20 | no option data | |
| Stability | 12 / 20 | 0k shares/day, $361.5B cap, beta -0.42 |
The Wheel Score ranks ~7,400 US stocks for selling cash-secured puts and covered calls; it is updated nightly and is not a recommendation. The walkthrough lesson shows how the score fits into a trade, start to finish.
Upcoming events
No upcoming earnings date is recorded for BACRP in the nightly calendar.
Earnings, dividend, IPO, split and economic calendars for the whole market, filterable to your watchlists.
Similar stocks in Banks - Diversified
The 12 companies below are the closest to Bank of America Corporation PFD SER B 7% by market cap within the Banks - Diversified industry, each with its own fact sheet; the Compare page puts up to eight of them side by side.
| Stock | Close | Fair value | MoS | Wheel | Mkt cap |
|---|---|---|---|---|---|
| BAC Bank of America Corporation | 51.70 | 156.82 | +67% | 82Prime | $361.5B |
| HSBC HSBC Holdings plc | 94.54 | 140.80 | +33% | 81Prime | $327.3B |
| RY Royal Bank of Canada | 193.82 | 375.59 | +48% | 76Good | $269.4B |
| MUFG Mitsubishi UFJ Financial Group, Inc. | 21.86 | 703.78 | +97% | 94Prime | $250.5B |
| WFC Wells Fargo & Company | 80.91 | 139.23 | +42% | 77Good | $244.7B |
| C Citigroup Inc. | 123.19 | 162.45 | +24% | 71Good | $206.6B |
| TD The Toronto-Dominion Bank | 117.63 | 158.47 | +26% | 75Good | $198.7B |
| SAN Banco Santander, S.A. | 13.41 | 37.09 | +64% | 80Prime | $196.9B |
| JPM JPMorgan Chase & Co. | 335.53 | 377.62 | +11% | 67Good | $891.9B |
| UBS UBS Group AG | 47.15 | 75.19 | +37% | 85Prime | $144.4B |
| BBVA Banco Bilbao Vizcaya Argentaria, S.A. | 25.95 | 91.89 | +72% | 82Prime | $144.3B |
| BMO Bank of Montreal | 166.05 | 311.77 | +47% | 74Good | $115.4B |
⚖ Compare BACRP with 7 of them All Financial Services stocks →
Screen the whole market the same way
A free GLS Equity account gets you nightly fair value and the Wheel Score on ~7,400 US stocks, a watchlist, the scanner preview and the Sunday Scan - the same eight-rule screen, emailed every week. Pro adds the full put and call scanners, unlimited watchlists with alerts and the trade journal.
Start free See the Sunday ScanQuestions about BACRP
Is BACRP undervalued right now?
By the GLS models, yes: at 300.00 the stock is 38% below the average fair value of 483.13 (data as of 16 Oct 2026). Whether the discount is deserved is the question to research next.
What is the Wheel Score of BACRP and what does it mean?
BACRP has no listed options in our nightly snapshot, so it cannot be wheeled; its Wheel Score is capped at 39 and shown as "No options".
What is the GLS fair value for BACRP?
483.13 per share as of 16 Oct 2026 - the simple average of the 9 valuation models (out of nine: DCF, Graham Number, Graham Growth, Lynch, GLS Growth, 10 Cap, Payback Time, DDM and EPV) that produced a positive value. The models run every night on the latest filings; the Quote page lets you switch any of them off and add a margin of safety of your own.
When does Bank of America Corporation PFD SER B 7% report earnings next?
No upcoming earnings date is recorded for BACRP in our calendar as of 16 Oct 2026; the Calendars page is refreshed every morning.
Does BACRP have listed options, and how liquid are they?
No. The nightly options snapshot found no listed contracts on BACRP, so the wheel strategy cannot be run on it and the Wheel Score is capped at 39.