Bank of America Corporation

NYSE:BAC Stock Report

Market Cap: US$356.1b

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

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

Bank Of America: Swap A 5.6% Yield For A 6.1% Yield

Jun 15

Bank of America: Not Good Enough To Buy

Jun 03

Bank of America Corporation (NYSE:BAC) First-Quarter Results Just Came Out: Here's What Analysts Are Forecasting For This Year

May 03
Bank of America Corporation (NYSE:BAC) First-Quarter Results Just Came Out: Here's What Analysts Are Forecasting For This Year

Financial 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 (207%).

Low Risk Liabilities: 64% 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 (55%) is appropriate.

Level of Bad Loans: BAC has an appropriate level of bad loans (0.6%).


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