Bank of America Fell Harder Than Wells Fargo. Does That Make It the Better Dividend Buy?

Impact · against what's priced in

The news for Bank of America is largely priced in, as the 8% NII growth guidance and regulatory charges are already reflected in the recent 8.8% price drop. Wells Fargo's position is slightly more precarious as its CET1 ratio sits at the bottom of its target range, potentially limiting buybacks.

BAC+0.00

Already priced in

The price assumes

The absence of any near-term acceleration