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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. The GWIM segment provides investment management, brokerage, banking, and trust and retirement products and services; wealth management solutions; and customized solutions, including specialty asset management services. The Global Banking segment offers lending products and services, including commercial loans, leases, commitment facilities, trade finance, and commercial real estate and asset-based lending; treasury solutions, such as treasury management, foreign exchange, short-term investing options, and merchant services; working capital management solutions; debt and equity underwriting and distribution, and merger-related and other advisory services; and fixed-income and equity research, and certain market-based services. The Global Markets segment provides market-making, financing, securities clearing, settlement, and custody services; securities and derivative products; and risk management products using interest rate, equity, credit, currency and commodity derivatives, foreign exchange, fixed-income, and mortgage-related products. Bank of America Corporation was founded in 1784 and is based in Charlotte, North Carolina. more
Time Frame | BAC | Sector | S&P500 |
---|---|---|---|
1-Week Return | 5.98% | 3.24% | 1.21% |
1-Month Return | 2.85% | -0.34% | -2.81% |
3-Month Return | 14.34% | 7.18% | 3.9% |
6-Month Return | 50.61% | 29.22% | 21.95% |
1-Year Return | 35.62% | 28.5% | 26.39% |
3-Year Return | 3.67% | 22.47% | 26.72% |
5-Year Return | 42.62% | 65.83% | 88.05% |
10-Year Return | 189.46% | 249.95% | 226.82% |
Dec '19 | Dec '20 | Dec '21 | Dec '22 | Dec '23 | 5YR TREND | |
---|---|---|---|---|---|---|
Total Revenue | 85.58B | 74.21B | 89.11B | 94.95B | 98.58B | [{"date":"2019-12-31","value":86.81,"profit":true},{"date":"2020-12-31","value":75.28,"profit":true},{"date":"2021-12-31","value":90.4,"profit":true},{"date":"2022-12-31","value":96.32,"profit":true},{"date":"2023-12-31","value":100,"profit":true}] |
Cost of Revenue | - | - | (4.59B) | 2.54B | 4.39B | [{"date":"2019-12-31","value":"-","profit":true},{"date":"2020-12-31","value":"-","profit":true},{"date":"2021-12-31","value":-104.55,"profit":false},{"date":"2022-12-31","value":57.87,"profit":true},{"date":"2023-12-31","value":100,"profit":true}] |
Gross Profit | 85.58B | 74.21B | 93.71B | 92.41B | 94.19B | [{"date":"2019-12-31","value":90.86,"profit":true},{"date":"2020-12-31","value":78.79,"profit":true},{"date":"2021-12-31","value":99.49,"profit":true},{"date":"2022-12-31","value":98.11,"profit":true},{"date":"2023-12-31","value":100,"profit":true}] |
Gross Margin | 100.00% | 100.00% | 105.16% | 97.32% | 95.54% | [{"date":"2019-12-31","value":95.1,"profit":true},{"date":"2020-12-31","value":95.1,"profit":true},{"date":"2021-12-31","value":100,"profit":true},{"date":"2022-12-31","value":92.55,"profit":true},{"date":"2023-12-31","value":90.86,"profit":true}] |
Operating Expenses | 52.83B | 55.21B | 59.73B | 61.44B | 65.84B | [{"date":"2019-12-31","value":80.23,"profit":true},{"date":"2020-12-31","value":83.85,"profit":true},{"date":"2021-12-31","value":90.71,"profit":true},{"date":"2022-12-31","value":93.31,"profit":true},{"date":"2023-12-31","value":100,"profit":true}] |
Operating Income | 32.75B | 19.00B | 33.98B | 30.97B | 28.34B | [{"date":"2019-12-31","value":96.4,"profit":true},{"date":"2020-12-31","value":55.91,"profit":true},{"date":"2021-12-31","value":100,"profit":true},{"date":"2022-12-31","value":91.15,"profit":true},{"date":"2023-12-31","value":83.42,"profit":true}] |
Total Non-Operating Income/Expense | 81.64B | 62.35B | 76.91B | 83.43B | 85.27B | [{"date":"2019-12-31","value":95.75,"profit":true},{"date":"2020-12-31","value":73.12,"profit":true},{"date":"2021-12-31","value":90.19,"profit":true},{"date":"2022-12-31","value":97.84,"profit":true},{"date":"2023-12-31","value":100,"profit":true}] |
Pre-Tax Income | 32.75B | 19.00B | 33.98B | 30.97B | 28.34B | [{"date":"2019-12-31","value":96.4,"profit":true},{"date":"2020-12-31","value":55.91,"profit":true},{"date":"2021-12-31","value":100,"profit":true},{"date":"2022-12-31","value":91.15,"profit":true},{"date":"2023-12-31","value":83.42,"profit":true}] |
Income Taxes | 5.32B | 1.10B | 2.00B | 3.44B | 1.83B | [{"date":"2019-12-31","value":100,"profit":true},{"date":"2020-12-31","value":20.68,"profit":true},{"date":"2021-12-31","value":37.53,"profit":true},{"date":"2022-12-31","value":64.63,"profit":true},{"date":"2023-12-31","value":34.32,"profit":true}] |
Income After Taxes | 27.43B | 17.89B | 31.98B | 27.53B | 26.52B | [{"date":"2019-12-31","value":85.78,"profit":true},{"date":"2020-12-31","value":55.96,"profit":true},{"date":"2021-12-31","value":100,"profit":true},{"date":"2022-12-31","value":86.08,"profit":true},{"date":"2023-12-31","value":82.92,"profit":true}] |
Income From Continuous Operations | 27.43B | 17.89B | 31.98B | 27.53B | 26.52B | [{"date":"2019-12-31","value":85.78,"profit":true},{"date":"2020-12-31","value":55.96,"profit":true},{"date":"2021-12-31","value":100,"profit":true},{"date":"2022-12-31","value":86.08,"profit":true},{"date":"2023-12-31","value":82.92,"profit":true}] |
Income From Discontinued Operations | - | - | - | - | - | [{"date":"2019-12-31","value":"-","profit":true},{"date":"2020-12-31","value":"-","profit":true},{"date":"2021-12-31","value":"-","profit":true},{"date":"2022-12-31","value":"-","profit":true},{"date":"2023-12-31","value":"-","profit":true}] |
Net Income | 27.43B | 17.89B | 31.98B | 27.53B | 26.52B | [{"date":"2019-12-31","value":85.78,"profit":true},{"date":"2020-12-31","value":55.96,"profit":true},{"date":"2021-12-31","value":100,"profit":true},{"date":"2022-12-31","value":86.08,"profit":true},{"date":"2023-12-31","value":82.92,"profit":true}] |
EPS (Diluted) | 2.77 | 1.84 | 3.33 | 3.24 | 3.42 | [{"date":"2019-12-31","value":80.99,"profit":true},{"date":"2020-12-31","value":53.8,"profit":true},{"date":"2021-12-31","value":97.37,"profit":true},{"date":"2022-12-31","value":94.74,"profit":true},{"date":"2023-12-31","value":100,"profit":true}] |
These ratios help you determine the liquidity of the company. Higher is better.
BAC | |
---|---|
Cash Ratio | 0.31 |
Current Ratio | 1.02 |
These ratios help you understand the company's efficiency in using its assets to generate returns. Higher is better. For ROE, average long term is around 14%, less than 10% is poor.
BAC | |
---|---|
ROA (LTM) | 0.77% |
ROE (LTM) | 8.72% |
These ratios help you understand the company's liabilities, gauging the riskiness of the investment.
BAC | |
---|---|
Debt Ratio Lower is generally better. Negative is bad. | 0.91 |
Common Equity/Total Assets Higher is better. Lower can suggest investment is riskier. | 0.09 |
Debt/Equity The higher the number, the more leverage the business employs, the riskier the investment typically is. | 10.90 |
These ratios help you understand the company's valuation. Lower may indicate cheaper stocks.
BAC | |
---|---|
Trailing PE | 13.21 |
Forward PE | 11.09 |
P/S (TTM) | 3.00 |
P/B | 1.07 |
EV/R | 0.00 |
EV/Ebitda | NM |
PEG | NM |
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Bank of America Corp (BAC) share price today is $37.91
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Yes, you can purchase fractional shares of Bank of America Corp (BAC) via the Vested app. You can start investing in Bank of America Corp (BAC) with a minimum investment of $1.
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The 52-week high price of Bank of America Corp (BAC) is $38.49. The 52-week low price of Bank of America Corp (BAC) is $24.59.
The price-to-earnings (P/E) ratio of Bank of America Corp (BAC) is 12.21
The price-to-book (P/B) ratio of Bank of America Corp (BAC) is 1.07
The dividend yield of Bank of America Corp (BAC) is 2.51%
The market capitalization of Bank of America Corp (BAC) is $298.62B
The stock symbol (or ticker) of Bank of America Corp is BAC