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BAC

Bank of America NYSE:BAC Stock Report

Last Price

US$27.64

Market Cap

US$219.6b

7D

-4.2%

1Y

-12.9%

Updated

23 Sep, 2023

Data

Company Financials +

Bank of America Corporation

NYSE:BAC Stock Report

Mkt Cap: US$219.6b

BAC Stock Overview

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.

BAC fundamental analysis
Snowflake Score
Valuation6/6
Future Growth0/6
Past Performance5/6
Financial Health6/6
Dividends5/6

Bank of America Corporation Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Bank of America
Historical stock prices
Current Share PriceUS$27.64
52 Week HighUS$38.60
52 Week LowUS$26.32
Beta1.38
1 Month Change-3.42%
3 Month Change-0.40%
1 Year Change-12.89%
3 Year Change17.67%
5 Year Change-6.18%
Change since IPO137.13%

Recent News & Updates

Bank of America: Why A Low Valuation And High Yield Aren't Good Enough Yet

Sep 15

Bank of America (NYSE:BAC) Is Paying Out A Larger Dividend Than Last Year

Aug 25
Bank of America (NYSE:BAC) Is Paying Out A Larger Dividend Than Last Year

Bank of America: Buy Before It Goes Ex-Dividend

Aug 20

Recent updates

Bank of America: Why A Low Valuation And High Yield Aren't Good Enough Yet

Sep 15

Bank of America (NYSE:BAC) Is Paying Out A Larger Dividend Than Last Year

Aug 25
Bank of America (NYSE:BAC) Is Paying Out A Larger Dividend Than Last Year

Bank of America: Buy Before It Goes Ex-Dividend

Aug 20

Bank of America: Grab A 6-6.2% Yield With The Preferred Shares

Aug 12

Bank of America (NYSE:BAC) Is Paying Out A Larger Dividend Than Last Year

Aug 10
Bank of America (NYSE:BAC) Is Paying Out A Larger Dividend Than Last Year

Bank of America's (NYSE:BAC) Upcoming Dividend Will Be Larger Than Last Year's

Jul 27
Bank of America's (NYSE:BAC) Upcoming Dividend Will Be Larger Than Last Year's

Should You Be Adding Bank of America (NYSE:BAC) To Your Watchlist Today?

Jul 25
Should You Be Adding Bank of America (NYSE:BAC) To Your Watchlist Today?

Bank Of America Q2: Market Hype Vs. Insider Selling

Jul 24

Bank of America Q2 Earnings: Breakout Appears Imminent

Jul 18

Bank of America: Still Undervalued After Dividend Increase

Jul 10

Bank of America: Get Ready For Earnings

Jun 30

Bank of America: A Re-Evaluation Of The Stock Amidst An Increasingly Risky Environment

Jun 15

Shareholder Returns

BACUS BanksUS Market
7D-4.2%-3.6%-3.1%
1Y-12.9%-5.7%15.1%

Return vs Industry: BAC underperformed the US Banks industry which returned -5.7% over the past year.

Return vs Market: BAC underperformed the US Market which returned 15.1% over the past year.

Price Volatility

Is BAC's price volatile compared to industry and market?
BAC volatility
BAC Average Weekly Movement3.1%
Banks Industry Average Movement4.1%
Market Average Movement5.5%
10% most volatile stocks in US Market14.2%
10% least volatile stocks in US Market2.5%

Stable Share Price: BAC is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 3% a week.

Volatility Over Time: BAC's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1784216,000Brian Moynihanhttps://www.bankofamerica.com

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. Its Consumer Banking segment offers traditional and money market savings accounts, certificates of deposit and IRAs, noninterest-and interest-bearing checking accounts, and investment accounts and products; and credit and debit cards, residential mortgages, and home equity loans, as well as direct and indirect loans, such as automotive, recreational vehicle, and consumer personal loans. The company’s Global Wealth & Investment Management segment offers investment management, brokerage, banking, and trust and retirement products and services; and wealth management solutions, as well as customized solutions, including specialty asset management services.

Bank of America Corporation Fundamentals Summary

How do Bank of America's earnings and revenue compare to its market cap?
BAC fundamental statistics
Market CapUS$219.64b
Earnings (TTM)US$28.24b
Revenue (TTM)US$96.44b

7.8x

P/E Ratio

0.9x

P/B Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
BAC income statement (TTM)
RevenueUS$96.44b
Cost of RevenueUS$0
Gross ProfitUS$96.44b
Other ExpensesUS$68.20b
EarningsUS$28.24b

Last Reported Earnings

Jun 30, 2023

Next Earnings Date

Oct 17, 2023

Earnings per share (EPS)3.55
Gross Margin100.00%
Net Profit Margin29.28%
Debt/Equity Ratio236.2%

How did BAC perform over the long term?

See historical performance and comparison

Dividends

3.5%

Current Dividend Yield

25%

Payout Ratio