Bank of America Balance Sheet Health
Financial Health criteria checks 6/6
Bank of America has total assets of $3,324.3B and total equity of $296.5B. Total deposits are $1,930.4B, and total loans are $1,062.5B. 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 $827.8B.
Key information
11.2x
Asset to equity ratio
2.1%
Net interest margin
| Total deposits | US$1.93t |
| Loan to deposit ratio | Appropriate |
| Bad loans | 0.6% |
| Allowance for bad loans | Sufficient |
| Current ratio | Low |
| Cash & equivalents | US$827.77b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Debt to Equity History and Analysis
Balance Sheet
Financial Institutions Analysis
Asset Level: BAC.PRS's Assets to Equity ratio (11.2x) is moderate.
Allowance for Bad Loans: BAC.PRS has a sufficient allowance for bad loans (207%).
Low Risk Liabilities: 64% of BAC.PRS's liabilities are made up of primarily low risk sources of funding.
Loan Level: BAC.PRS has an appropriate level of Loans to Assets ratio (32%).
Low Risk Deposits: BAC.PRS's Loans to Deposits ratio (55%) is appropriate.
Level of Bad Loans: BAC.PRS has an appropriate level of bad loans (0.6%).