Bank of America Corporation (BAC) is trading at $52.97 with a trailing P/E of 13.90 and forward P/E of 12.15. The bank remains a high-quality financial franchise, trading at a discount due to near-term concerns around net interest income and commercial real estate exposure. BAC has a stable funding foundation and diversified revenue streams that insulate it from cyclical lending pressures. It also boasts a strong balance sheet and robust CET1 ratio. Analysts believe BAC offers long-term dividend growth potential of 6-8% annually. BAC represents a rare opportunity for long-term dividend-focused investors, with a strategic entry point at current valuations. Hedge funds are bullish on BAC, with 111 portfolios holding the stock in the third quarter.

Read more at Yahoo Finance: Bank of America Corporation (BAC): A Bull Case Theory