Bank of America Balance Sheet Health
Financial Health criteria checks 6/6
Bank of America has total assets of $3,273.8B and total equity of $293.6B. Total deposits are $1,946.5B, and total loans are $1,035.9B. It earns a Net Interest Margin of 2.1%. It has sufficient allowance for bad loans, which are currently at 0.6% of total loans. Cash and short-term investments are $830.7B.
Key information
11.2x
Asset to equity ratio
2.1%
Net interest margin
Total deposits | US$1.95t |
Loan to deposit ratio | Appropriate |
Bad loans | 0.6% |
Allowance for bad loans | Sufficient |
Current ratio | Low |
Cash & equivalents | US$830.73b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Debt to Equity History and Analysis
Balance Sheet
Financial Institutions Analysis
Asset Level: BA.CD's Assets to Equity ratio (11.2x) is moderate.
Allowance for Bad Loans: BA.CD has a sufficient allowance for bad loans (211%).
Low Risk Liabilities: 65% of BA.CD's liabilities are made up of primarily low risk sources of funding.
Loan Level: BA.CD has an appropriate level of Loans to Assets ratio (32%).
Low Risk Deposits: BA.CD's Loans to Deposits ratio (53%) is appropriate.
Level of Bad Loans: BA.CD has an appropriate level of bad loans (0.6%).