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Bank of America’s Valuations Fair to Low on Growth Expectations

Bank of America’s Valuations Fair to Low on Growth Expectations

Bank of America (BAC) stock has risen 2.5% in the last six months and 26.4% in the last year. Bank of America has underperformed in the last month on expectations of lower trading. Bank of America has reported an improved efficiency ratio in recent quarters, helped by operating efficiency on the back of technology spending.