From June 2016 to March 2017, Bank of America (NYSE:$BAC) stock more than doubled, from $12 to $25. In the six months since, the stock has ping-ponged between $22 and $24, not a cent more. This makes everyone ask the question: Is the long-awaited rally in BAC stock already over?

Shares of fellow competitors Wells Fargo (NYSE:$WFC) and Goldman Sachs (NYSE:$GS) have also shown a downward six months trend. Perhaps, in the wake of Donald Trump’s surprise election, financials have been in a holding pattern due to stricter regulations on America’s banks.

Among the six largest American banks, BAC posted the best top and bottom line increases in the most recent quarter. But, BAC stock has barely even budged. Hedge funds have also been selling their BOA shares in flocks. In Feburary, institutional ownership of BOA stood at nearly 70%, now down to 63.5%.

All things aside, BAC earnings growth is expected to top 20% this year, which would outperform the 14.5% EPS growth in 2016.

Featured Image: twitter