Bank of America Corporation PFD SER B 7% Stock Performance
Bank of America Corporation PFD SER B 7% (BACRP) currently trades at $193.25, per SID market data, reflecting the preferred share's premium pricing tied to its fixed 7% dividend coupon. The security carries a beta of 1.3037, indicating modestly higher volatility relative to the broader market, which is notable for a preferred equity instrument that typically exhibits lower price sensitivity than common shares. Average daily trading volume stands at approximately 1 share, according to Massive/Polygon data, underscoring the extremely illiquid nature of this preferred series. The instrument's total market capitalization registers at approximately $1.79 trillion, a figure that reflects the consolidated Bank of America entity rather than the isolated preferred tranche. Given the negligible trading volume, price discovery for BACRP remains constrained, and investors should recognize that bid-ask spreads may be substantially wider than those observed in more actively traded Bank of America securities.
Bank of America Corporation PFD SER B 7% Valuation Analysis
BACRP's valuation metrics reflect the broader Bank of America entity, with a price-to-earnings ratio of 13.74, per SID market data, positioning the parent company at a moderate valuation within the Financial Services sector. The PEG ratio stands at 1.83, according to SEC filings, suggesting earnings growth is priced at a slight premium relative to the traditional fair-value benchmark of 1.0. The price-to-book ratio of 1.34 indicates the company trades above its book value, consistent with large-cap banking institutions that command a premium for scale and franchise value. The dividend yield is reported at approximately 1.98%, though for the preferred Series B specifically, the fixed 7% coupon rate represents the contractual income obligation to holders. Investors evaluating BACRP should distinguish between common equity valuation metrics and the preferred share's income-oriented characteristics when assessing relative attractiveness within the capital structure.
Smart Money Activity for BACRP
The composite smart money score for BACRP stands at 46 out of 100, generating a Neutral signal per SID market data. Breaking down the subcomponents, insider activity scores 12.5 out of 25, reflecting neither aggressive accumulation nor significant distribution by corporate insiders, according to SEC Form 4 filings. Institutional ownership receives a score of 13.0 out of 25, indicating moderate participation from large asset managers, though preferred shares of this series typically attract income-focused portfolios rather than growth-oriented institutional capital. Dark pool activity registers at 8.5 out of 25, per 13F institutional filings, consistent with the security's extremely low average trading volume and limited off-exchange block transaction activity. Congressional trading activity scores 12 out of 25, suggesting no meaningful directional bias from legislator disclosures. The overall neutral positioning across all four smart money subcategories reflects the limited liquidity and niche investor base characteristic of legacy preferred equity instruments within the Bank of America capital structure.
Bank of America Corporation PFD SER B 7% Earnings Outlook
No recent earnings data is available specifically attributed to the BACRP preferred series, per company earnings reports. As a preferred equity instrument, BACRP's income distributions are governed by the fixed 7% coupon rate established at issuance rather than by quarterly earnings performance. Bank of America's consolidated financial results, however, remain relevant to preferred shareholders, as dividend payments on preferred stock require sufficient distributable earnings and regulatory capital adequacy. The parent entity's P/E ratio of 13.74 and PEG ratio of 1.83, according to analyst estimates, suggest stable earnings generation capacity that supports ongoing preferred dividend obligations. Preferred shareholders maintain priority over common equity holders in the distribution waterfall, providing a structural layer of income protection. Investors monitoring BACRP should track Bank of America's quarterly earnings releases and Federal Reserve stress test results, as both directly influence the company's ability to maintain preferred dividend payments without restriction.
Wall Street Analyst Ratings for BACRP
Wall Street coverage of the broader Bank of America franchise reflects a firmly positive consensus, per SID consensus data. On October 30, 2026, JP Morgan maintained its Overweight rating, while on October 15, 2026, multiple firms issued concurrent assessments: Baird upgraded its rating to Outperform from Neutral, RBC Capital maintained Outperform, Truist Securities maintained Buy, and Morgan Stanley maintained Overweight, according to Wall Street analyst reports. The Baird upgrade represents the sole directional change among recent coverage actions, signaling improved conviction in the company's fundamental trajectory. All five analyst ratings fall within the bullish category, with zero Hold or Sell recommendations present in the latest round of coverage. These ratings primarily address the Bank of America common equity thesis and consolidated enterprise outlook rather than the BACRP preferred series specifically. Preferred share investors should interpret these ratings as indicators of overall credit health and the parent company's capacity to sustain fixed-income obligations across its capital structure.
