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Bank of America NYSE:BAC Stock Report

Last Price

US$44.17

Market Cap

US$338.9b

7D

-3.3%

1Y

32.1%

Updated

22 Dec, 2024

Data

Company Financials +

Bank of America Corporation

NYSE:BAC Stock Report

Market Cap: US$338.9b

BAC Stock Overview

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. More details

BAC fundamental analysis
Snowflake Score
Valuation4/6
Future Growth1/6
Past Performance2/6
Financial Health6/6
Dividends5/6

My Notes

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Community Narratives

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US$44.16
FV
0.02% overvalued intrinsic discount
2.00%
Revenue growth p.a.
5users have liked this narrative
0users have commented on this narrative
5users have followed this narrative
about 1 month ago author updated this narrative
US$34.26
FV
28.9% overvalued intrinsic discount
4.05%
Revenue growth p.a.
10users have liked this narrative
0users have commented on this narrative
2users have followed this narrative
6 months ago author updated this narrative

Bank of America Corporation Competitors

Price History & Performance

Summary of share price highs, lows and changes for Bank of America
Historical stock prices
Current Share PriceUS$44.17
52 Week HighUS$48.08
52 Week LowUS$31.27
Beta1.34
1 Month Change-6.02%
3 Month Change10.79%
1 Year Change32.13%
3 Year Change-0.56%
5 Year Change24.95%
Change since IPO2,726.88%

Recent News & Updates

Bank of America: Buy Now For Increased Dividends

Dec 11

Bank of America: Bull Rally Strength Continues (Technical Analysis)(Rating Upgrade)

Nov 10

Recent updates

Bank of America: Buy Now For Increased Dividends

Dec 11

Bank of America: Bull Rally Strength Continues (Technical Analysis)(Rating Upgrade)

Nov 10

Bank of America: We May Have Already Seen The Top

Oct 27

Bank of America Corporation Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions

Oct 17
Bank of America Corporation Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions

Bank of America Q3 Earnings: Net Interest Income Finally Rose

Oct 16

Buffett Selling Bank Of America Is A Warning

Oct 10

Trimming Bank of America Is Good For Buffett, Not Us

Sep 23

Bank of America: Triple Whammy Ahead

Sep 14

Ten Reasons That Likely Motivated Buffett To Sell Bank Of America Stock

Sep 03

Bank of America: Potential Net Interest Income Trough Strengthens Outlook

Aug 23

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

Aug 12
Bank of America's (NYSE:BAC) Upcoming Dividend Will Be Larger Than Last Year's

Bank of America's (NYSE:BAC) Dividend Will Be Increased To $0.26

Jul 28
Bank of America's (NYSE:BAC) Dividend Will Be Increased To $0.26

Bank of America Corporation (NYSE:BAC) Just Released Its Second-Quarter Earnings: Here's What Analysts Think

Jul 18
Bank of America Corporation (NYSE:BAC) Just Released Its Second-Quarter Earnings: Here's What Analysts Think

Bank of America: Impending Fed Pivot Creates Risk

Jul 17

Bank of America: Let Your Winners Run

Jul 09

Shareholder Returns

BACUS BanksUS Market
7D-3.3%-3.4%-2.4%
1Y32.1%29.1%23.4%

Return vs Industry: BAC exceeded the US Banks industry which returned 29.1% over the past year.

Return vs Market: BAC exceeded the US Market which returned 23.4% over the past year.

Price Volatility

Is BAC's price volatile compared to industry and market?
BAC volatility
BAC Average Weekly Movement3.6%
Banks Industry Average Movement5.2%
Market Average Movement6.3%
10% most volatile stocks in US Market16.8%
10% least volatile stocks in US Market3.1%

Stable Share Price: BAC has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: BAC's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1784213,000Brian Moynihanwww.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. 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.

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$338.91b
Earnings (TTM)US$21.94b
Revenue (TTM)US$94.63b

15.4x

P/E Ratio

1.2x

P/B Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
BAC income statement (TTM)
RevenueUS$94.63b
Cost of RevenueUS$0
Gross ProfitUS$94.63b
Other ExpensesUS$72.68b
EarningsUS$21.94b

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

Jan 16, 2025

Earnings per share (EPS)2.86
Gross Margin100.00%
Net Profit Margin23.19%
Debt/Equity Ratio266.6%

How did BAC perform over the long term?

See historical performance and comparison

Dividends

2.4%

Current Dividend Yield

35%

Payout Ratio

Does BAC pay a reliable dividends?

See BAC dividend history and benchmarks
When do you need to buy BAC by to receive an upcoming dividend?
Bank of America dividend dates
Ex Dividend DateDec 06 2024
Dividend Pay DateDec 27 2024
Days until Ex dividend16 days
Days until Dividend pay date5 days

Does BAC pay a reliable dividends?

See BAC dividend history and benchmarks

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 02:07
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Bank of America Corporation is covered by 62 analysts. 16 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Stephen BiggarArgus Research Company
David GeorgeBaird
Jason GoldbergBarclays