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Bank of America Corporation PFD SER B 7% logo

NYSE · BACRP

Bank of America Corporation PFD SER B 7%

Financial Services · Banks - Diversified

$192.00

Up+$0.00 (+0.00%)

Updated Nov 8, 2026, 1:15 PM

SID Score

7.3/10

Composite research score

Smart Money

46/100

Neutral

Market cap
1.79T
P/E ratio
13.74
Dividend yield
4.56%
52-week range
— – —
Volume
12
Avg. volume
1

Price performance · BACRP

BACRP price history

1M range · 0 trading sessions · Daily adjusted prices

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Latest BACRP news

The latest Smart Investors Daily articles mentioning BACRP.

BACRP research

Overview

Company profile and research snapshot.

Company profile

BANK OF AMERICA 7.00B PFD

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Analyst outlook

Consensus and target data currently published for this company.

Consensus
Buy
Average target
—
Implied upside
—
Analysts
17
BACRP recent ratings
DateFirmRatingTarget
Nov 2, 2026UBSBuy—
Oct 30, 2026JP MorganOverweight—
Oct 15, 2026BairdOutperform—
Oct 15, 2026RBC CapitalOutperform—
Oct 15, 2026Truist SecuritiesBuy—
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News briefing

Generated Nov 7, 2026, 9:07 PM

What's Happening With BACRP? Bank of America Shows Mixed Signals Amid Strategic Optimism

Bank of America's preferred shares (BACRP) face a nuanced backdrop as the parent company Bank of America Corporation demonstrates strategic confidence in AI and cross-selling initiatives, while macro headwinds including rising federal debt and potential rate risks create uncertainty. Recent statements from BofA leadership suggest operational optimism, but broader market conditions and analyst caution on certain metrics temper enthusiasm for the preferred security.

    Bottom line: BACRP reflects Bank of America's mixed near-term outlook: leadership expresses confidence in AI and cross-selling opportunities that support long-term earnings potential, but macro headwinds—including federal debt ceiling pressures and interest rate volatility—create near-term uncertainty. Investors should monitor the February debt ceiling resolution, Fed policy trajectory, and BofA's execution on strategic initiatives, particularly the Merrill Lynch cross-selling opportunity, as these will be key drivers for the preferred share's relative value.

    Yahoo · Nov 7, 2026

    Bank of America (BAC) Bond Sales Keep The Undervalued Narrative In Play

    Bank of America (BAC) has been active in the bond market, completing several fixed income offerings in recent days that add fresh senior unsecured funding across different maturities and coupon levels. These bond sales come at a time when Bank of America’s share price has eased back, with a 30 day share price return of down 7.66% and a 90 day share price return of down 21.77%. Even though the 3 year total shareholder return sits at 91.85%, recent momentum has faded while the longer term...

    AI research layers

    Interpretive context generated from the platform’s current data sources.

    Bank of America Corporation PFD SER B 7% Stock Performance

    Bank of America Corporation PFD SER B 7% (BACRP) currently trades at $192.00 per share, per SID market data. The preferred series carries a beta of 1.3037, indicating meaningfully higher volatility relative to the broader market, which is notable for a fixed-dividend preferred instrument typically associated with lower price sensitivity. The security's average daily trading volume stands at just 1 share, according to Massive/Polygon data, reflecting extremely thin liquidity that can result in significant bid-ask spreads and price dislocations during any attempted transactions. The parent entity, Bank of America Corporation, maintains an aggregate market capitalization of approximately $1.79 trillion, underscoring the scale of the underlying financial institution. However, BACRP's illiquid trading profile means price discovery remains constrained, and the reported market price may not fully reflect real-time fair value. Investors should note the substantial liquidity risk inherent in this particular preferred series.

    Bank of America Corporation PFD SER B 7% Valuation Analysis

    BACRP is a 7% fixed-rate preferred security issued by Bank of America Corporation, which operates within the Financial Services sector. The parent company trades at a price-to-earnings ratio of 13.74 and a price-to-book ratio of 1.34, according to SID market data, positioning Bank of America at a moderate valuation relative to large-cap banking peers. The PEG ratio stands at 1.83, per SEC filings and derived estimates, suggesting the parent's earnings growth trajectory is priced at a slight premium to a one-to-one growth-to-valuation benchmark. The preferred series itself carries a stated 7% coupon, while the current dividend yield registers at approximately 1.98%, indicating the security trades well above its par value. This premium reflects investor demand for Bank of America's credit quality and the relatively high fixed coupon rate in the current interest rate environment. The substantial premium to par compresses effective yield for new buyers.

    Smart Money Activity for BACRP

    The composite smart money score for BACRP stands at 46 out of 100, generating a Neutral signal according to SID market data. Breaking down the components, insider activity scores 12.5 out of 25, reflecting a moderate level of engagement from Bank of America's corporate insiders with no pronounced buying or selling trend. Institutional ownership activity registers at 13.0 out of 25, per 13F institutional filings, indicating middling institutional interest in this particular preferred series, consistent with its extremely low average trading volume. Dark pool activity scores notably lower at 8.5 out of 25, suggesting minimal off-exchange block trading, which aligns with the security's illiquid profile. Congressional trading activity scores 12 out of 25, per SEC Form 4 filings and public congressional disclosure records, showing no significant legislative insider positioning. The overall neutral reading indicates that sophisticated market participants are neither accumulating nor distributing BACRP shares in meaningful quantities at current price levels, leaving no directional conviction from smart money flows.

    Bank of America Corporation PFD SER B 7% Earnings Outlook

    No recent earnings data specific to the BACRP preferred series is available, as preferred securities do not report standalone earnings. However, the financial health of the parent company, Bank of America Corporation, directly underpins the preferred dividend obligation. The parent currently trades at a P/E ratio of 13.74 and a PEG ratio of 1.83, according to SID market data, indicating stable earnings generation capacity to support fixed-dividend commitments. The 7% coupon on this preferred series represents a contractual obligation that takes priority over common stock dividends in Bank of America's capital structure. With a market capitalization of approximately $1.79 trillion, per company earnings reports, Bank of America maintains substantial earnings power to service preferred distributions. Investors in BACRP should monitor the parent company's quarterly earnings releases and capital adequacy ratios for any signals that could affect preferred dividend coverage or the security's credit standing.

    Wall Street Analyst Ratings for BACRP

    Wall Street analyst coverage of Bank of America's common equity provides indirect guidance on the creditworthiness supporting BACRP's preferred dividends. According to SID consensus data, recent ratings remain uniformly positive. UBS maintained a Buy rating on November 2, 2026, while JP Morgan reiterated an Overweight recommendation on October 30, 2026, per Wall Street analyst reports. Notably, Baird upgraded its rating to Outperform from Neutral on October 15, 2026, representing the only directional change among recent coverage actions. RBC Capital maintained Outperform, and Truist Securities reiterated Buy on the same date. The consensus reflects broad confidence in Bank of America's fundamental trajectory, with zero Hold or Sell ratings among the five most recent analyst actions. For BACRP holders, this bullish consensus on the parent company supports the view that preferred dividend coverage remains well-secured. However, analysts do not typically issue price targets specific to thinly traded preferred series such as BACRP, limiting direct valuation guidance.