Bank of America Balance Sheet Health
Financial Health criteria checks 6/6
Bank of America has total assets of $3,258.0B and total equity of $293.9B. Total deposits are $1,910.5B, and total loans are $1,043.5B. 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 $850.8B.
Key information
11.1x
Asset to equity ratio
2.1%
Net interest margin
| Total deposits | US$1.91t |
| Loan to deposit ratio | Appropriate |
| Bad loans | 0.6% |
| Allowance for bad loans | Sufficient |
| Current ratio | Low |
| Cash & equivalents | US$850.84b |
Recent financial health updates
No updates
Recent updates
Bank of America's (NYSE:BAC) Dividend Will Be Increased To $0.26
Jul 28
Bank of America Corporation (NYSE:BAC) Just Released Its Second-Quarter Earnings: Here's What Analysts Think
Jul 18Bank of America: Impending Fed Pivot Creates Risk
Jul 17Bank of America: Let Your Winners Run
Jul 09Bank Of America: Swap A 5.6% Yield For A 6.1% Yield
Jun 15Bank of America: Not Good Enough To Buy
Jun 03Bank of America Corporation (NYSE:BAC) First-Quarter Results Just Came Out: Here's What Analysts Are Forecasting For This Year
May 03Bank Of America: Now Fairly Valued - H2'23 To Bring Forth Rich Interest Incomes
Apr 27Bank 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 18Bank 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 09Financial Position Analysis
Debt to Equity History and Analysis
Balance Sheet
Financial Institutions Analysis
Asset Level: BAC's Assets to Equity ratio (11.1x) is moderate.
Allowance for Bad Loans: BAC has a sufficient allowance for bad loans (214%).
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%).