“During the three and six months ended June 30, 2026, total credit card purchase volumes increased $7.1 billion and $11.8 billion, and debit card purchase volumes increased $14.9 billion and $26.6 billion, reflecting higher levels of consumer spending.”10-Q · Jul 31, 2026 ↗
Bank of America Corporation
BAC
Market read
Bank of America Corporation's move is spreading beyond its market group.
BAC accounts for 2.7% of the group's measured movement across 4.5 effective names. raw member direction is mixed; 4 of 6 session-normalized paths align to the upside. Capital-flow agreement is 10%, so confirmation is not yet clean. No verified headline preceded the measured group move.
Is this move genuinely shared?
NTRS, STT, JPM moved materially before BAC. BAC crossed its material path threshold at 09:50 ET, 15 minutes after the first measured mover. BNY, C followed.
5 of 6 members in Asset Management are active. 0 of 1 disclosed connections are confirming.
- At least 4 of 6 durable members become active together.
- Capital-flow agreement rises above 55%.
- CFFN remains aligned with the group in the next market snapshot.
Invalidation: The live read weakens if participation falls to 2 of 6 members or fewer.
Research brief
The story so far
BAC accounts for 2.7% of the group's measured movement across 4.5 effective names. raw member direction is mixed; 4 of 6 session-normalized paths align to the upside. Capital-flow agreement is 10%, so confirmation is not yet clean. No verified headline preceded the measured group move.
No thresholded supportive filing evidence is available yet.
No thresholded adverse filing evidence is available yet.
- At least 4 of 6 durable members become active together.
- Capital-flow agreement rises above 55%.
- CFFN remains aligned with the group in the next market snapshot.
Company research
Understand the business, not just the ticker
Use the company’s filings to identify the few operating, demand, cost, capital and regulatory variables that determine its earnings power.
- Which operating variable is changing?
- Is that change durable, cyclical or one-off?
- What evidence would disprove the current interpretation?
- Latest annual revenue changed +6.8% year over year.
- Net margin changed +1.5 percentage points in the latest annual period.
- Macroeconomic conditions has repeated favorable evidence across 5 filings.
- Operating cash flow was only 0.41x net income in the latest annual period.
- Restructuring and cost reductions has repeated adverse evidence across 4 filings.
No credible peer-relative valuation comparison is available yet.
Price as of Oct 2, 2026
53.78Reported annual revenue and per-share history. This is accounting history, not a forecast.
What management says matters
Persistent and emerging business drivers
“Equity method investments are subject to impairment testing, and the Corporation’s proportionate share of income or loss is included in other income.”10-Q · Jul 31, 2026 ↗
“Total liabilities increased $89.6 billion from December 31, 2025 to $3.2 trillion primarily driven by higher customer trade payables and trading account liabilities to support Global Markets client activity, as well as higher long-term debt issuances and shor…”10-Q · Jul 31, 2026 ↗
“Regulatory, Compliance and Legal We are highly regulated and subject to evolving government legislation and regulations and certain settlements, orders and agreements with government authorities from time to time.”10-K · Feb 25, 2026 ↗
Valuation discipline
Peer-relative valuation withheld
Jodie found no industry-matched filing peers suitable for a valuation comparison. It will not substitute broader financial-sector names.
Scenarios are withheld for Financial Services until sector-specific earnings and capital metrics are available; generic revenue/P/S scaffolds would be misleading.
Price action
How the market is pricing the story
Jodie does not have enough daily observations to draw a useful short-term chart for this asset. The latest quoted price was checked 2 Oct, 15:55 GMT-4; this is a coverage limitation, not a flat-price conclusion.
Developments
No sourced recent-development timeline yet
Jodie has not returned a relevant primary source or news item for BAC. This is an evidence-coverage gap, not a conclusion that nothing material happened.
Business and financial condition
Reported financial figures are not available yet
Jodie has not returned structured SEC XBRL fundamentals for this asset. This is a coverage limitation, not an assessment of the business or its financial health.
Filing analysis
No comparable filing assessment is available yet
Jodie has not yet found a suitable current-versus-prior filing comparison for BAC. This does not mean the latest filing was neutral or immaterial.
Business ecosystem
The relationships behind BAC
Customers, suppliers, partners and competitors named in company filings—not inferred from headlines.
Depends on
FISIFiling-linked namesupplierFeb 25, 2026 ▾
“U.S.”
Filing peers
Companies whose filings use similar operating language.
Open the three relationships above to see Jodie’s filing proof. Pro unlocks every receipt, and alerts when connected names begin moving. Unlock the full network →
What is moving around it
Live connections
BAC is currently a Participant in the organic co-movement group Asset Management. This group is discovered from market behaviour rather than assigned from an industry taxonomy. 1 filing-linked name are in the relationship map; none is currently confirmed as moving with the group.
Context history
Theme membership history
No durable theme membership has been observed for this name yet.