Bank of America Corporation PFD SER B 7% Stock Performance
Bank of America Corporation PFD SER B 7% (BACRP) currently trades at $300.00 per share, per SID market data. The preferred series carries a beta of 1.3037, indicating moderately higher volatility relative to the broader market, which is notable for a preferred equity instrument that typically exhibits lower price sensitivity. The security's average daily trading volume stands at just 1 share, according to Massive/Polygon data, reflecting extremely thin liquidity characteristic of legacy preferred stock issues. This illiquidity presents significant challenges for investors seeking to enter or exit positions without materially impacting the price. The total market capitalization associated with the parent entity stands at approximately $1.79 trillion per SID market data. Given the minimal trading activity, price discovery for BACRP remains constrained, and bid-ask spreads may be substantially wider than those observed in Bank of America's common equity or more actively traded preferred series.
Bank of America Corporation PFD SER B 7% Valuation Analysis
BACRP is a 7% fixed-rate preferred stock issued by Bank of America Corporation, which operates within the Financial Services sector. The parent company's common equity trades at a price-to-earnings ratio of 13.74 and a price-to-book ratio of 1.34, according to SEC filings and SID market data. The PEG ratio stands at 1.83, suggesting the parent's earnings growth trajectory relative to its valuation remains within a moderate range. The preferred series itself offers a stated dividend yield of approximately 1.98% at its current $300.00 price, per SID market data. Given the 7% coupon on this legacy preferred instrument, the relatively low effective yield reflects the significant price premium above par value at which the security currently trades. The parent company's price-to-book ratio of 1.34 positions Bank of America in line with large-cap banking peers, providing context for the underlying credit quality supporting this preferred obligation.
Smart Money Activity for BACRP
Smart money indicators for BACRP present a neutral overall signal, with a composite smart money score of 46 out of 100, according to SID market data. The breakdown reveals mixed positioning across tracked categories. Insider activity scores 12.5 out of 25, reflecting limited but not insignificant insider transactions associated with the parent entity's securities, per SEC Form 4 filings. Institutional ownership metrics register at 13.0 out of 25, indicating moderate institutional participation, though preferred series of this nature often see lower institutional visibility in 13F filings given their illiquidity. Dark pool activity scores notably lower at 8.5 out of 25, consistent with the security's extremely thin average volume of just 1 share per day, which limits off-exchange trading opportunities. Congressional trading activity registers at 12 out of 25, suggesting no pronounced legislative interest. The neutral composite score indicates no discernible directional conviction among sophisticated market participants regarding BACRP at current price levels.
Bank of America Corporation PFD SER B 7% Earnings Outlook
No recent earnings data is specifically available for the BACRP preferred series, as preferred stock instruments do not independently report earnings. However, the preferred dividend obligation is supported by Bank of America Corporation's parent-level financial performance. The parent company's price-to-earnings ratio of 13.74 reflects stable profitability within the Financial Services sector, according to SID market data. The 7% fixed coupon on this preferred series represents a senior claim on Bank of America's earnings relative to common equity dividends, providing a structural layer of protection for preferred holders. The current dividend yield of approximately 1.98% at the $300.00 trading price indicates the market prices this instrument well above its original par value, per SID market data. Investors monitoring BACRP should track Bank of America's quarterly common equity earnings releases and capital adequacy ratios, as these metrics directly influence the parent's capacity to maintain preferred dividend payments.
Wall Street Analyst Ratings for BACRP
Wall Street analyst coverage pertains primarily to Bank of America Corporation's common equity rather than the BACRP preferred series directly. However, recent ratings on the parent entity provide relevant credit and operational context. As of October 2026, Truist Securities maintained a Buy rating, while Evercore ISI Group reiterated its Outperform designation, according to Wall Street analyst reports. In August 2026, UBS affirmed its Buy rating, and JP Morgan maintained an Overweight recommendation in July 2026, per SID consensus data. Notably, all five most recent analyst actions represent reiterations of existing positive ratings rather than upgrades, suggesting sustained bullish consensus without incremental catalysts. The uniformly favorable outlook across four major institutions reflects confidence in Bank of America's fundamental trajectory, which indirectly supports BACRP's dividend sustainability. No analyst coverage specifically targets the preferred series, consistent with standard practice for legacy preferred instruments with minimal trading liquidity averaging just 1 share per day.