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Sunday, 08/16/2015 2:34:53 AM

Sunday, August 16, 2015 2:34:53 AM

Post# of 22539
I agree!
Conclusion
Based on the excess returns method for pricing financial services firms, Bank of America's fair value per share is $22.47, representing more than 27% upside from the current price of $17.66. Coupled with a 1.14% dividend yield that is sure to grow substantially over the coming years, Bank of America deserves a spot in your portfolio. In addition, it is by far one of the best ways to capitalize on the upcoming rate hike leading to greater net interest margins for banks.
Source: Bank of America quarterly results, Yahoo Finance, "Valuing Financial Services Firms"

From:

http://m.seekingalpha.com/article/3442686-an-excess-return-model-of-bank-of-america?app=1&auth_param=dkgrg:1at0alq:4f253fcb5e06b011a7aad816ed27794b
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