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 $991.8B.
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$991.76b |
Recent financial health updates
No updates
Recent updates
Bank of America: Seize The Opportunity Before It's Gone
Apr 18Analysts Are Updating Their Bank of America Corporation (NYSE:BAC) Estimates After Its First-Quarter Results
Apr 18
Bank of America: Why I Am Going All-In Now (Technical Analysis)
Apr 11Bank of America: A Bad Call On My Part (Rating Upgrade)
Mar 27Bank Of America: Investing In Predictability
Mar 20First Look At 2 Bank of America Preferred Stocks
Mar 02Bank of America's Q4 Earnings Signal Need For Fed Rate Cut (Rating Downgrade)
Jan 17Here's What Analysts Are Forecasting For Bank of America Corporation (NYSE:BAC) Following Its Earnings Miss
Jan 16Bank of America: Tough Q4 Ahead
Jan 09Bank of America: Lower Interest Rates Will Restore Confidence
Dec 23Bank Of America: The Soaring Value Of Low-Cost Deposit Base
Dec 15Bank of America: Using 6.4%-Yielding Preferred Shares To Speculate On A Rate Cut
Dec 02Bank of America (NYSE:BAC) Is Increasing Its Dividend To $0.24
Nov 22Bank of America Is Developing A Big Problem: Commercial Lending
Nov 10Bank of America (NYSE:BAC) Has Announced That It Will Be Increasing Its Dividend To $0.24
Nov 05Why I Chose Bank of America Over Competitors For The Dividend Income Accelerator Portfolio
Nov 02Bank of America: Deep Dive And Why I Am Bullish On The Stock
Oct 25Bank of America's (NYSE:BAC) Dividend Will Be Increased To $0.24
Oct 22Avoid Bank of America As Securities Losses Balloon To $131.6 Billion
Oct 19Bank of America: Why It's Finally A Buy (Rating Upgrade)
Oct 13Bank of America: Now Things Are Getting Interesting
Oct 06Bank of America: Why A Low Valuation And High Yield Aren't Good Enough Yet
Sep 15Bank of America (NYSE:BAC) Is Paying Out A Larger Dividend Than Last Year
Aug 25Bank of America: Buy Before It Goes Ex-Dividend
Aug 20Bank of America: Grab A 6-6.2% Yield With The Preferred Shares
Aug 12Bank of America (NYSE:BAC) Is Paying Out A Larger Dividend Than Last Year
Aug 10Financial Position Analysis
Debt to Equity History and Analysis
Balance Sheet
Financial Institutions Analysis
Asset Level: BAC's Assets to Equity ratio (11.2x) is moderate.
Allowance for Bad Loans: BAC has a sufficient allowance for bad loans (211%).
Low Risk Liabilities: 65% of BAC's liabilities are made up of primarily low risk sources of funding.
Loan Level: BAC has an appropriate level of Loans to Assets ratio (32%).
Low Risk Deposits: BAC's Loans to Deposits ratio (53%) is appropriate.
Level of Bad Loans: BAC has an appropriate level of bad loans (0.6%).