Bank of America Corporation

NYSE:BAC.PRS Stock Report

Market Cap: US$329.1b

Bank of America Balance Sheet Health

Financial Health criteria checks 6/6

Bank of America has total assets of $3,324.0B 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 $1,017.5B.

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$1.02t

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%).


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