BAC Stock Overview
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.
| Snowflake Score | |
|---|---|
| Valuation | 3/6 |
| Future Growth | 1/6 |
| Past Performance | 2/6 |
| Financial Health | 6/6 |
| Dividends | 5/6 |
Rewards
Risk Analysis
No risks detected for BAC from our risk checks.
Narratives
BetaNarratives bring a range of perspectives from our community.
Richard Bowman
Equity Analyst and Writer
Price at publication US$29.73
Updated
Stjepan Kalinic
Equity Analyst and Writer
Price at publication US$27.79
Updated
Bank of America Corporation Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$35.23 |
| 52 Week High | US$38.35 |
| 52 Week Low | US$24.96 |
| Beta | 1.39 |
| 1 Month Change | -2.17% |
| 3 Month Change | 11.03% |
| 1 Year Change | 17.20% |
| 3 Year Change | -9.01% |
| 5 Year Change | 17.36% |
| Change since IPO | 2,154.72% |
Recent News & Updates
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 27Recent updates
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 16
Bank 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 10Shareholder Returns
| BAC | US Banks | US Market | |
|---|---|---|---|
| 7D | -3.9% | -4.1% | -3.7% |
| 1Y | 17.2% | 19.9% | 20.5% |
Return vs Industry: BAC underperformed the US Banks industry which returned 19.9% over the past year.
Return vs Market: BAC underperformed the US Market which returned 20.5% over the past year.
Price Volatility
| BAC volatility | |
|---|---|
| BAC Average Weekly Movement | 3.0% |
| Banks Industry Average Movement | 4.5% |
| Market Average Movement | 6.0% |
| 10% most volatile stocks in US Market | 16.4% |
| 10% least volatile stocks in US Market | 3.0% |
Stable Share Price: BAC has not had significant price volatility in the past 3 months.
Volatility Over Time: BAC's weekly volatility (3%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1784 | 212,335 | Brian Moynihan | www.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
| BAC fundamental statistics | |
|---|---|
| Market cap | US$272.82b |
| Earnings (TTM) | US$23.35b |
| Revenue (TTM) | US$93.36b |
11.9x
P/E Ratio1.0x
P/B RatioIs BAC overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| BAC income statement (TTM) | |
|---|---|
| Revenue | US$93.36b |
| Cost of Revenue | US$0 |
| Gross Profit | US$93.36b |
| Other Expenses | US$70.01b |
| Earnings | US$23.35b |
Last Reported Earnings
Mar 31, 2024
Next Earnings Date
Jul 16, 2024
| Earnings per share (EPS) | 2.97 |
| Gross Margin | 100.00% |
| Net Profit Margin | 25.01% |
| Debt/Equity Ratio | 240.3% |
How did BAC perform over the long term?
See historical performance and comparison