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, with a market capitalization of approximately $1.79 trillion attributable to the broader Bank of America entity. The preferred series exhibits an exceptionally low average daily volume of just 1 share, according to Massive/Polygon data, indicating extremely limited liquidity and minimal secondary market trading activity. This illiquidity is characteristic of legacy preferred securities with small outstanding float. The stock carries a beta of 1.3037, suggesting higher-than-average sensitivity to broader market movements relative to the benchmark index. Despite its preferred status, which typically implies lower volatility, the elevated beta may reflect the thinly traded nature of the instrument and the resulting price dislocations that can occur on minimal volume. Investors should note that the low trading volume can lead to significant bid-ask spreads and execution challenges.
Bank of America Corporation PFD SER B 7% Valuation Analysis
BACRP carries a fixed 7% coupon rate on its preferred shares, with the current dividend yield standing at approximately 1.98%, per SID market data. This yield reflects the significant premium at which the shares trade relative to their par value, compressing the effective return for new buyers. The broader Bank of America entity trades at a price-to-earnings ratio of 13.74 and a price-to-book ratio of 1.34, according to SEC filings, positioning it within the Financial Services sector's typical valuation range. The PEG ratio of 1.83 suggests moderate pricing relative to anticipated earnings growth for the parent company. For preferred shareholders, the primary valuation consideration remains the fixed income stream relative to current price. At $192.00 per share with a 7% stated coupon, the gap between the nominal rate and effective yield of 1.98% indicates the preferred trades at a substantial premium above its original issuance price.
Smart Money Activity for BACRP
The smart money composite score for BACRP stands at 46 out of 100, generating a Neutral signal, according to SID market data. The breakdown reveals moderate insider activity scoring 12.5 out of 25 and institutional interest at 13.0 out of 25, per SEC Form 4 filings and 13F institutional filings respectively. Dark pool activity registers a notably lower score of 8.5 out of 25, suggesting minimal off-exchange block trading, which aligns with the instrument's extremely thin average daily volume of just 1 share. Congressional trading activity scores 12 out of 25, indicating no significant legislative insider positioning in this preferred security. The overall neutral positioning across all four smart money subcategories suggests that sophisticated market participants are neither accumulating nor distributing BACRP shares with any meaningful conviction. The low dark pool score is particularly noteworthy, as institutional investors typically utilize dark pools for large preferred share transactions to minimize market impact, yet such activity appears largely absent here.
Bank of America Corporation PFD SER B 7% Earnings Outlook
No recent earnings data is currently available specific to the BACRP preferred series, as preferred shares do not independently report earnings separate from the parent entity. Bank of America Corporation, the issuing parent, reports consolidated financial results that encompass obligations to all classes of equity, including preferred dividends. The parent company's trailing price-to-earnings ratio of 13.74 and PEG ratio of 1.83, per SID market data, provide context for the enterprise's overall profitability trajectory. For preferred shareholders, the critical earnings consideration is Bank of America's ability to maintain sufficient net income to cover its fixed preferred dividend obligations. The 7% stated coupon represents a contractual priority claim on earnings ahead of common shareholders. Investors monitoring BACRP should track the parent company's quarterly earnings releases and dividend coverage ratios filed with the SEC to assess the ongoing security of preferred distributions.
Wall Street Analyst Ratings for BACRP
Wall Street coverage of the broader Bank of America franchise remains constructively positive, with all five most recent analyst ratings reflecting bullish or neutral-to-bullish stances, per Wall Street analyst reports. UBS maintained its Buy rating on November 2, 2026, while JP Morgan reiterated an Overweight rating on October 30, 2026. Notably, Baird upgraded its rating to Outperform from Neutral on October 15, 2026, representing the sole directional change among recent coverage updates, per SID consensus data. RBC Capital maintained its Outperform rating and Truist Securities reiterated Buy on the same date. While these ratings primarily target Bank of America common equity rather than the BACRP preferred series specifically, they reflect broad institutional confidence in the parent company's financial health and earnings capacity. For preferred holders, positive analyst sentiment on the parent entity reinforces the credit quality underpinning the 7% fixed coupon obligation, as sustained profitability supports continued dividend coverage across all equity tranches.
