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Bank of America Corporation (BAC)

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41.88 +0.55 (+1.33%)
At close: 5 November at 4:00 pm GMT-5
44.38 +2.50 (+5.98%)
Pre-market: 9:13 am GMT-5
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DELL
  • Previous close 41.33
  • Open 41.51
  • Bid --
  • Ask 45.13 x 3100
  • Day's range 41.38 - 42.01
  • 52-week range 27.34 - 44.44
  • Volume 21,254,109
  • Avg. Volume 35,178,614
  • Market cap (intra-day) 321.34B
  • Beta (5Y monthly) 1.34
  • PE ratio (TTM) 15.17
  • EPS (TTM) 2.76
  • Earnings date 16 Jan 2025
  • Forward dividend & yield 1.04 (2.48%)
  • Ex-dividend date 6 Dec 2024
  • 1y target est 46.46

Bank of America Corporation, through its subsidiaries, provides banking and financial products and services for individual consumers, small and middle-market businesses, institutional investors, large corporations, and governments worldwide. It operates in four segments: Consumer Banking, Global Wealth & Investment Management (GWIM), Global Banking, and Global Markets. The Consumer Banking segment offers traditional and money market savings accounts, certificates of deposit and IRAs, non-interest and interest-bearing checking accounts, and investment accounts and products; credit and debit cards; residential mortgages, and home equity loans; and direct and indirect loans, such as automotive, recreational vehicle, and consumer personal loans. The GWIM segment provides investment management, brokerage, banking, and trust and retirement products and services; wealth management solutions; and customized solutions, including specialty asset management services. The Global Banking segment offers lending products and services, including commercial loans, leases, commitment facilities, trade finance, and commercial real estate and asset-based lending; treasury solutions, such as treasury management, foreign exchange, short-term investing options, and merchant services; working capital management solutions; debt and equity underwriting and distribution, and merger-related and other advisory services; and fixed-income and equity research, and certain market-based services. The Global Markets segment provides market-making, financing, securities clearing, settlement, and custody services; securities and derivative products; and risk management products using interest rate, equity, credit, currency and commodity derivatives, foreign exchange, fixed-income, and mortgage-related products. Bank of America Corporation was founded in 1784 and is based in Charlotte, North Carolina.

www.bankofamerica.com

213,000

Full-time employees

31 December

Fiscal year ends

Financial Services

Sector

Banks - Diversified

Industry

Recent news: BAC

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Performance overview: BAC

Trailing total returns as of 05/11/2024, which may include dividends or other distributions. Benchmark is

.

YTD return

BAC
26.84%
S&P 500
21.24%

1-year return

BAC
51.47%
S&P 500
32.68%

3-year return

BAC
4.33%
S&P 500
23.56%

5-year return

BAC
46.36%
S&P 500
87.86%

Compare to: BAC

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Statistics: BAC

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Valuation measures

As of 05/11/2024
  • Market cap

    321.34B

  • Enterprise value

    --

  • Trailing P/E

    15.17

  • Forward P/E

    11.63

  • PEG ratio (5-yr expected)

    1.91

  • Price/sales (ttm)

    3.38

  • Price/book (mrq)

    1.18

  • Enterprise value/revenue

    6.92

  • Enterprise value/EBITDA

    --

Financial highlights

Profitability and income statement

  • Profit margin

    24.95%

  • Return on assets (ttm)

    0.73%

  • Return on equity (ttm)

    8.09%

  • Revenue (ttm)

    94.63B

  • Net income avi to common (ttm)

    21.94B

  • Diluted EPS (ttm)

    2.76

Balance sheet and cash flow

  • Total cash (mrq)

    827.77B

  • Total debt/equity (mrq)

    --

  • Levered free cash flow (ttm)

    --

Research analysis: BAC

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Earnings per share

Consensus EPS
 

Revenue vs. Earnings

Revenue 23.8B
Earnings 6.9B
Q4'23
Q1'24
Q2'24
Q3'24
0
5B
10B
15B
20B
 

Analyst recommendations

  • Strong buy
  • Buy
  • Hold
  • Underperform
  • Sell
 

Analysts' price targets

39.00 Low
46.46 Average
41.88 Current
56.00 High
 

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