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Bank of America NYSE:BAC Stock Report

Last Price

US$42.32

Market Cap

US$327.5b

7D

0.9%

1Y

60.9%

Updated

18 Oct, 2024

Data

Company Financials +

Bank of America Corporation

NYSE:BAC Stock Report

Market Cap: US$327.5b

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.

BAC fundamental analysis
Snowflake Score
Valuation2/6
Future Growth1/6
Past Performance2/6
Financial Health6/6
Dividends5/6

Community Narratives

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Narratives bring a range of perspectives from our community.

US$31.38
FV
34.9% overvalued intrinsic discount
1.03%
Revenue growth p.a.
5users have liked this narrative
0users have commented on this narrative
1users have followed this narrative
4 months ago author updated this narrative
US$34.26
FV
23.5% 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
4 months ago author updated this narrative

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$42.32
52 Week HighUS$44.44
52 Week LowUS$24.96
Beta1.34
11 Month Change6.81%
3 Month Change-1.35%
1 Year Change60.85%
33 Year Change-11.04%
5 Year Change33.42%
Change since IPO2,608.48%

Recent News & Updates

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

Recent updates

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

Bank Of America: Now Fairly Valued - H2'23 To Bring Forth Rich Interest Incomes

Apr 27

Bank of America: Seize The Opportunity Before It's Gone

Apr 18

Analysts Are Updating Their Bank of America Corporation (NYSE:BAC) Estimates After Its First-Quarter Results

Apr 18
Analysts Are Updating Their Bank of America Corporation (NYSE:BAC) Estimates After Its First-Quarter Results

Shareholder Returns

BACUS BanksUS Market
7D0.9%2.0%0.8%
1Y60.9%56.9%38.3%

Return vs Industry: BAC exceeded the US Banks industry which returned 56.9% over the past year.

Return vs Market: BAC exceeded the US Market which returned 38.3% over the past year.

Price Volatility

Is BAC's price volatile compared to industry and market?
BAC volatility
BAC Average Weekly Movement3.3%
Banks Industry Average Movement4.4%
Market Average Movement6.2%
10% most volatile stocks in US Market14.8%
10% least volatile stocks in US Market3.0%

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 (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1784213,491Brian 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$327.54b
Earnings (TTM)US$21.94b
Revenue (TTM)US$94.63b

14.8x

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)2.85
Gross Margin100.00%
Net Profit Margin23.19%
Debt/Equity Ratio261.9%

How did BAC perform over the long term?

See historical performance and comparison

Dividends

2.5%

Current Dividend Yield

35%

Payout Ratio