BAC vs FCF: Which Is the Better Dividend Stock?
As of Oct 18, 2026, BAC and FCF are closely matched. FCF offers the higher yield at 2.75%, FCF has the higher dividend-safety score, and FCF looks like the better value (its fair-value estimate is 38% above its share price).
Key facts: BAC vs FCF
Data as of · Source: SmarterDividends data
- As of Oct 18, 2026, First Commonwealth Financial Corporation (FCF) has the higher forward dividend yield at 2.75%, versus 2.50% for Bank of America Corporation (BAC).
- As of Oct 18, 2026, SmarterDividends grades BAC's dividend safety A (87/100) and FCF's A (90/100).
- By SmarterDividends' count as of Oct 18, 2026, BAC has raised its dividend for 12 consecutive years and FCF for 9.
- As of Oct 18, 2026, BAC pays out 26% of its earnings as dividends and FCF pays out 33%.
- As of Oct 18, 2026, BAC's fair-value estimate is 24% above its share price and FCF's fair-value estimate is 38% above its share price, so FCF looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "BAC vs FCF: Dividend Yield, Safety & Value Compared," updated Oct 18, 2026, https://smarterdividends.com/compare/bac-vs-fcf
| Metric | BAC | FCF |
|---|---|---|
| Forward yield | 2.50% | 2.75% |
| Annual dividend | $1.28 | $0.56 |
| Payout ratio | 26% | 33% |
| Years of growth | 12 yr | 9 yr |
| 5-yr dividend growth | 8.4% | 4.0% |
| 5-yr total return | 15% | 35% |
| Dividend safety score | 87 (A) | 90 (A) |
| Fair value estimate | $63.43 | $28.03 |
| Upside to fair value | +24% | +38% |
| Frequency | quarterly | quarterly |
| Market cap | $358.2B | $2.1B |
| P/E ratio | 12.2 | 12.5 |
Higher yield
FCF
2.75%
Safer dividend
FCF
Grade A
Faster growth
BAC
8.4%
Better value
FCF
+38% upside
BAC vs FCF — FAQ
Is BAC or FCF a better dividend stock?
BAC and FCF are closely matched. FCF has the higher yield; FCF scores better on safety.
Which has a higher dividend yield, BAC or FCF?
FCF has the higher forward dividend yield at 2.75%, versus 2.50% for BAC.
Is BAC or FCF safer?
FCF has the higher dividend-safety score (90/100 vs 87/100), reflecting stronger payout coverage and dividend-growth history.
Is BAC or FCF better value right now?
As of Oct 18, 2026, FCF looks like the better value: its fair-value estimate is 38% above its share price (undervalued). For BAC, its fair-value estimate is 24% above its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.