BAC:NYE-Bank of America Corporation (USD)

COMMON STOCK | Banks-Diversified | NYE

Last Closing Price

USD 33.01

Change

0.00 (0.00)%

Market Cap

USD 285.56B

Volume

0.06B

Average Target Price

USD 33.06 (+0.14%)
Average Analyst Rating

Verdict

Fundamental Analysis

Verdict

About

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 Consumer Banking, Global Wealth & Investment Management (GWIM), Global Banking, and Global Markets segments. The Consumer Banking segment offers traditional and money market savings accounts, CDs and IRAs, noninterest- and interest-bearing checking accounts, and investment accounts and products; and credit and debit cards, residential mortgages, and home equity loans, as well as direct and indirect loans, such as automotive, recreational vehicle, and consumer personal loans. The GWIM segment offers investment management, brokerage, banking, and trust and retirement products; and wealth management solutions, as well as customized solutions, including specialty asset management services. The Global Banking segment provides lending products and services, including commercial loans, leases, commitment facilities, trade finance, and real estate and asset-based lending; treasury solutions, such as treasury management, foreign exchange, and short-term investing options; working capital management solutions; and debt and equity underwriting and distribution, and merger-related and other advisory services. The Global Markets segment offers market-making, financing, securities clearing, settlement, and custody services, as well as risk management, fixed-income, and mortgage-related products. As of May 7, 2020, it served approximately 66 million consumer and small business clients with approximately 4,300 retail financial centers; approximately 16,900 ATMs; and digital banking platforms with approximately 39 million active users. The company was founded in 1784 and is headquartered in Charlotte, North Carolina.

Technical Indicators

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

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Relative Returns (From:    To: 2021-01-16 )

Largest Industry Peers for Banks-Diversified

Symbol Name Price(Change) Market Cap Price / Earning Ratio EV/EBITDA
JPM JPMorgan Chase & Co

N/A

USD422.60B 18.08 N/A
JPM-PD JPMorgan Chase & Co

N/A

USD366.68B 3.60 N/A
JPM-PC JPMorgan Chase & Co

N/A

USD366.64B 3.64 N/A
BML-PL Bank of America Corporation

N/A

USD303.10B 12.12 N/A
BAC-PE Bank of America Corporation

N/A

USD297.54B 12.34 N/A
BML-PG Bank of America Corporation

N/A

USD297.21B 10.84 N/A
BML-PH Bank of America Corporation

N/A

USD294.35B 10.69 N/A
BML-PJ Bank of America Corporation

N/A

USD289.23B 12.32 N/A
BAC-PL Bank of America Corporation

N/A

USD283.01B 708.87 N/A
BAC-PB Bank of America Corporation

N/A

USD273.97B 13.50 N/A

ETFs Containing BAC

Symbol Name Weight Mer Price(Change) Market Cap
AGGY WisdomTree Yield Enhanced.. 0.00 % 0.12 %

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USD1.20B
BUYB:LSE Invesco Global Buyback Ac.. 0.00 % 0.39 %

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USD0.03B
RUSB-U:CA RBC Short Term U.S. Corpo.. 0.00 % 0.35 %

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ACIM SPDR MSCI ACWI IMI ETF 0.00 % 0.09 %

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USD0.16B
SPBO SPDR Portfolio Corporate .. 0.00 % 0.06 %

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SPGM SPDR Portfolio MSCI Globa.. 0.00 % 0.09 %

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VRVIX Vanguard Russell 1000 Val.. 0.00 % 0.07 %

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USD4.62B
BNKS:LSE iShares S&P U.S. Banks ET.. 0.00 % 0.35 %

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USD0.21B
CU1:LSE iShares VII Public Limite.. 0.00 % 0.00 %

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ZUS-U:CA BMO Ultra Short-Term US B.. 0.00 % 0.15 %

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EUCO:LSE SPDR Bloomberg Barclays E.. 0.00 % 0.20 %

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USD0.56B
IGSU:LSE iShares Dow Jones Global .. 0.00 % 0.60 %

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USD0.41B
INAA:LSE iShares Public Limited Co.. 0.00 % 0.00 %

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IUFS:LSE iShares S&P 500 Financial.. 0.00 % 0.15 %

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USD0.64B
IUVL:LSE iShares Edge MSCI USA Val.. 0.00 % 0.20 %

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USD2.20B
LCRP:LSE SPDR Bloomberg Barclays 1.. 0.00 % 0.20 %

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USD0.14B
PRUS:LSE Invesco FTSE RAFI US 1000.. 0.00 % 0.00 %

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USD0.20B
ZUS-V:CA BMO Ultra Short-Term US B.. 0.00 % 0.15 %

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ZIC-U:CA BMO Mid-Term US IG Corpor.. 0.00 % 0.25 %

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JREU:LSE JPMorgan ETFs (Ireland) I.. 0.00 % 0.25 %

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USD0.26B
SDGA Impact Shares Sustainable.. 0.00 % 0.75 %

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USD3.80M
KORP American Century Diversif.. 0.00 % 0.29 %

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USD0.13B
BVNSC Brandes Value NextShares 0.00 % 0.41 %

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USD4.83M
BGU:CA Bristol Gate Concentrated.. 0.00 % 0.70 %

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USD0.07B
IG Principal Investment Grad.. 0.00 % 0.26 %

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USD0.33B
IGIB iShares Intermediate-Term.. 0.00 % 0.06 %

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USD11.11B
IGSB iShares Short-Term Corpor.. 0.00 % 0.06 %

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USD22.29B
USIG iShares Broad USD Investm.. 0.00 % 0.06 %

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USD5.96B
DBLV AdvisorShares DoubleLine .. 0.00 % 0.91 %

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USD0.05B
KNAB MicroSectors U.S. Big Ban.. 0.00 % 0.95 %

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USD0.02B
BFIN:CA Brompton North American F.. 0.00 % 0.75 %

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USD0.03B
IMFP Invesco Multi-Factor Core.. 0.00 % 0.16 %

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USD0.05B
JIGB JPMorgan Corporate Bond R.. 0.00 % 0.14 %

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USD0.06B
BNKD MicroSectors U.S. Big Ban.. 0.00 % 0.95 %

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USD1.99M
BNKO MicroSectors U.S. Big Ban.. 0.00 % 0.95 %

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USD0.01B
BNKU MicroSectors U.S. Big Ban.. 0.00 % 0.95 %

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USD0.04B
BNKZ MicroSectors U.S. Big Ban.. 0.00 % 0.95 %

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USD0.01B
JREG:LSE JPMorgan ETFs (Ireland) I.. 0.00 % 0.25 %

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USD0.14B
SBUY:LSE Invesco Global Buyback Ac.. 0.00 % 0.39 %

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USD0.03B
FIXD First Trust TCW Opportuni.. 0.00 % 0.55 %

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USD4.70B
SGAS:XETRA iShares IV Public Limited.. 0.00 % 0.00 %

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UEF9:F UBS ETF - Bloomberg Barcl.. 0.00 % 0.18 %

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XDWF:F Xtrackers MSCI World Fina.. 0.00 % 0.30 %

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USD0.19B
ZPDF:F SPDR S&P U.S. Financials .. 0.00 % 0.15 %

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USD0.28B
BBCK:XETRA Invesco Global Buyback Ac.. 0.00 % 0.39 %

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USD0.03B
IUS2:XETRA iShares S&P U.S. Banks ET.. 0.00 % 0.35 %

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USD0.18B
JRUB:XETRA JPMorgan ETFs (Ireland) I.. 0.00 % 0.19 %

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USD0.11B
QDVH:XETRA iShares S&P 500 Financial.. 0.00 % 0.15 %

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USD0.60B
SLUS:XETRA iShares IV Public Limited.. 0.00 % 0.00 %

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SYBN:F SPDR Bloomberg Barclays 1.. 0.00 % 0.20 %

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USD0.15B
SYBC:XETRA SPDR Bloomberg Barclays E.. 0.00 % 0.20 %

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USD0.57B
SYBF:XETRA SPDR Bloomberg Barclays 0.. 0.00 % 0.20 %

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USD0.07B
SYBN:XETRA SPDR Bloomberg Barclays 1.. 0.00 % 0.20 %

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USD0.15B
UEF0:XETRA UBS ETF - Bloomberg Barcl.. 0.00 % 0.23 %

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UEF9:XETRA UBS ETF - Bloomberg Barcl.. 0.00 % 0.18 %

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XDWF:XETRA Xtrackers MSCI World Fina.. 0.00 % 0.30 %

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USD0.19B
XUFN:XETRA Xtrackers MSCI USA Financ.. 0.00 % 0.12 %

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USD0.50B
UEF0:F UBS ETF - Bloomberg Barcl.. 0.00 % 0.23 %

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SYBF:F SPDR Bloomberg Barclays 0.. 0.00 % 0.20 %

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USD0.07B
SUSC:LSE SPDR Bloomberg Barclays 0.. 0.00 % 0.20 %

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USD0.07B
SUSD:LSE SPDR Bloomberg Barclays 0.. 0.00 % 0.20 %

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USD0.06B
SXLF:LSE SPDR S&P U.S. Financials .. 0.00 % 0.15 %

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USD0.34B
UC76:LSE UBS ETF - Bloomberg Barcl.. 0.00 % 0.18 %

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UC85:LSE UBS ETF - Bloomberg Barcl.. 0.00 % 0.23 %

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UC86:LSE UBS ETF - Bloomberg Barcl.. 0.00 % 0.18 %

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UIFS:LSE iShares S&P 500 Financial.. 0.00 % 0.15 %

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USD0.43B
WFIN:LSE SPDR MSCI World Financial.. 0.00 % 0.30 %

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USD0.09B
XUFB:LSE Xtrackers MSCI USA Banks .. 0.00 % 0.12 %

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USD0.47B
XDWF:LSE Xtrackers MSCI World Fina.. 0.00 % 0.30 %

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USD0.36B
SYBC:F SPDR Bloomberg Barclays E.. 0.00 % 0.20 %

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USD0.54B
XSFN:LSE Xtrackers (IE) Public Lim.. 0.00 % 0.12 %

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USD0.40B
XUFN:LSE Xtrackers MSCI USA Financ.. 0.00 % 0.12 %

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USD0.50B
BUYB:PA Invesco Global Buyback Ac.. 0.00 % 0.39 %

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USD0.03B
EUCO:PA SPDR Bloomberg Barclays E.. 0.00 % 0.20 %

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USD0.57B
BBCK:F Invesco Global Buyback Ac.. 0.00 % 0.39 %

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USD0.03B
IUS2:F iShares S&P U.S. Banks ET.. 0.00 % 0.35 %

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USD0.18B
QDVH:F iShares S&P 500 Financial.. 0.00 % 0.15 %

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USD0.60B
PREF Principal Spectrum Prefer.. 0.00 % 0.55 %

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USD0.03B
EQRR ProShares Equities for Ri.. 0.00 % 0.35 %

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USD1.53M
BIV Vanguard Intermediate-Ter.. 0.00 % 0.05 %

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USD41.17B
JKF iShares Morningstar Large.. 0.00 % 0.25 %

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USD0.54B
IUSV iShares Core S&P U.S. Val.. 0.00 % 0.04 %

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USD7.62B
IWD iShares Russell 1000 Valu.. 0.00 % 0.19 %

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USD43.92B
IWX iShares Russell Top 200 V.. 0.00 % 0.20 %

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USD0.92B
IXG iShares Global Financials.. 0.00 % 0.46 %

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USD0.34B
IYF iShares U.S. Financials E.. 0.00 % 0.42 %

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USD1.43B
IYG iShares U.S. Financial Se.. 0.00 % 0.42 %

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USD1.22B
JHMF John Hancock Multifactor .. 0.00 % 0.40 %

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USD0.03B
KBE SPDR S&P Bank ETF 0.00 % 0.35 %

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USD2.59B
IBDP iShares iBonds Dec 2024 T.. 0.00 % 0.10 %

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USD1.15B
KBWB Invesco KBW Bank ETF 0.00 % 0.35 %

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USD1.34B
LQD iShares iBoxx $ Investmen.. 0.00 % 0.14 %

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USD55.24B
PFIG Invesco Fundamental Inves.. 0.00 % 0.22 %

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USD0.05B
PGF Invesco Financial Preferr.. 0.00 % 0.62 %

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USD1.80B
PGX Invesco Preferred ETF 0.00 % 0.52 %

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USD7.07B
PKW Invesco BuyBack Achievers.. 0.00 % 0.62 %

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USD1.00B
QLTA iShares Aaa - A Rated Cor.. 0.00 % 0.15 %

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USD1.40B
IBDQ iShares iBonds Dec 2025 T.. 0.00 % 0.10 %

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USD0.95B
IBDO iShares iBonds Dec 2023 T.. 0.00 % 0.10 %

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USD1.39B
RIGS RiverFront Strategic Inco.. 0.00 % 0.47 %

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USD0.11B
FCOR Fidelity Corporate Bond E.. 0.00 % 0.36 %

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USD0.26B
BSCK Invesco BulletShares 2020.. 0.00 % 0.10 %

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USD1.21B
CBND SPDR Bloomberg Barclays C.. 0.00 % 0.06 %

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USD0.08B
CWB SPDR Bloomberg Barclays C.. 0.00 % 0.40 %

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USD6.68B
EPS WisdomTree U.S. Earnings .. 0.00 % 0.08 %

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USD0.46B
EXT WisdomTree U.S. ESG Fund 0.00 % 0.28 %

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USD0.09B
FAS Direxion Daily Financial .. 0.00 % 0.99 %

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USD2.19B
FAZ Direxion Daily Financial .. 0.00 % 1.07 %

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USD0.19B
FINU ProShares UltraPro Financ.. 0.00 % 0.95 %

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USD8.45M
IBDD iShares iBonds Mar 2023 T.. 0.00 % 0.10 %

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USD0.07B
FINZ ProShares UltraPro Short .. 0.00 % 0.95 %

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USD4.56M
FLCO Franklin Liberty Investme.. 0.00 % 0.35 %

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USD1.06B
FLTB Fidelity Limited Term Bon.. 0.00 % 0.36 %

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USD0.22B
FLTR VanEck Vectors Investment.. 0.00 % 0.14 %

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USD0.45B
FNCL Fidelity MSCI Financials .. 0.00 % 0.08 %

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USD0.88B
GHS Rex Gold Hedged S&P 500 E.. 0.00 % 0.48 %

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N/A
HOLD AdvisorShares Sage Core R.. 0.00 % 0.35 %

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USD0.06B
RFCI RiverFront Dynamic Core I.. 0.00 % 0.52 %

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USD0.11B
ROLA iPath Long Extended Russe.. 0.00 % 0.00 %

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USD1.06M
AMCA iShares Russell 1000 Pure.. 0.00 % 0.15 %

N/A

USD3.16M
ZVU:CA BMO MSCI USA Value Index .. 0.00 % 0.30 %

N/A

USD0.04B
VOOV Vanguard S&P 500 Value In.. 0.00 % 0.10 %

N/A

USD1.74B
VRP Invesco Variable Rate Pre.. 0.00 % 0.50 %

N/A

USD1.53B
XLF Financial Select Sector S.. 0.00 % 0.13 %

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USD24.73B
ZBK:CA BMO Equal Weight US Banks.. 0.00 % 0.35 %

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USD0.63B
ZIC:CA BMO Mid-Term US IG Corpor.. 0.00 % 0.25 %

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USD1.25B
ZSU:CA BMO Short-Term US IG Corp.. 0.00 % 0.25 %

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USD0.13B
BANK:CA BMO Global Banks Hedged t.. 0.00 % 0.39 %

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USD4.39M
DXF:CA Dynamic Active Global Fin.. 0.00 % 0.75 %

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USD0.02B
VNLA Janus Henderson Short Dur.. 0.00 % 0.26 %

N/A

USD2.92B
GRNB VanEck Vectors Green Bond.. 0.00 % 0.20 %

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USD0.06B
NUSA Nuveen Enhanced Yield 1-5.. 0.00 % 0.20 %

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USD0.04B
GIGB Goldman Sachs Access Inve.. 0.00 % 0.14 %

N/A

USD0.73B
BSCR Invesco BulletShares 2027.. 0.00 % 0.10 %

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USD0.27B
SPSB SPDR Portfolio Short Term.. 0.00 % 0.07 %

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USD7.25B
DFNL Davis Select Financial ET.. 0.00 % 0.64 %

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USD0.16B
FTXO First Trust Nasdaq Bank E.. 0.00 % 0.60 %

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USD0.10B
VONV Vanguard Russell 1000 Val.. 0.00 % 0.08 %

N/A

USD4.62B
VLU SPDR S&P 1500 Value Tilt .. 0.00 % 0.13 %

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USD0.03B
RWW Invesco S&P Financials Re.. 0.00 % 0.45 %

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USD0.04B
SLQD iShares 0-5 Year Investme.. 0.00 % 0.06 %

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USD2.10B
RWW Invesco S&P Financials Re.. 0.00 % 0.45 %

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USD0.04B
RWW Invesco S&P Financials Re.. 0.00 % 0.45 %

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USD0.04B
RWW Invesco S&P Financials Re.. 0.00 % 0.45 %

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USD0.04B
RWW Invesco S&P Financials Re.. 0.00 % 0.45 %

N/A

USD0.04B
SCHV Schwab U.S. Large-Cap Val.. 0.00 % 0.04 %

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USD8.05B
SEF ProShares Short Financial.. 0.00 % 0.95 %

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USD0.01B
SKF ProShares UltraShort Fina.. 0.00 % 0.95 %

N/A

USD0.02B
SPFF Global X SuperIncome Pref.. 0.00 % 0.58 %

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USD0.20B
VFH Vanguard Financials Index.. 0.00 % 0.10 %

N/A

USD7.74B
SPVU Invesco S&P 500 Enhanced .. 0.00 % 0.13 %

N/A

USD0.09B
SPYV SPDR Portfolio S&P 500 Va.. 0.00 % 0.04 %

N/A

USD7.60B
SYV SPDR MFS Systematic Value.. 0.00 % 0.60 %

N/A

USD0.02B
UYG ProShares Ultra Financial.. 0.00 % 0.95 %

N/A

USD0.61B
VCIT Vanguard Intermediate-Ter.. 0.00 % 0.05 %

N/A

USD44.56B
VCLT Vanguard Long-Term Corpor.. 0.00 % 0.05 %

N/A

USD6.56B
VCSH Vanguard Short-Term Corpo.. 0.00 % 0.05 %

N/A

USD42.95B
ZPDF:XETRA SPDR S&P U.S. Financials .. 0.00 % 0.15 %

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USD0.28B

Market Performance

  Market Performance vs.
Industry/Classification (Banks-Diversified)
Market Performance vs. Exchange
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 8.91% 92% A- 82% B-
Dividend Return N/A N/A N/A N/A N/A
Total Return 8.91% 92% A- 82% B-
Trailing 12 Months  
Capital Gain -4.90% 33% F 34% F
Dividend Return 2.07% 11% F 42% F
Total Return -2.82% 30% F 32% F
Trailing 5 Years  
Capital Gain 128.28% 95% A 81% B-
Dividend Return 17.70% 47% F 54% F
Total Return 145.99% 95% A 81% B-
Average Annual (5 Year Horizon)  
Capital Gain 17.88% 100% A+ 88% B+
Dividend Return 2.07% 60% D- 53% F
Total Return 19.95% 100% A+ 88% B+
Risk Return Profile  
Volatility (Standard Deviation) 32.17% 8% F 19% F
Risk Adjusted Return 62.03% 68% D+ 73% C
Market Capitalization 285.56B 90% A- 100% A+
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 97%-89% B 83%-86% B- 80%-82%
C+ 77%-79% C 73%-76% C- 70%-72%
D+ 67%-69% D 63%-66% D- 60%-62%
F 0%-59%

Key Financial Ratios

  Ratio vs. Industry/Classification
(Banks-Diversified)
Ratio vs. Market
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
Market Value  
Price / Earning Ratio 16.26 40% F 56% F
Price/Book Ratio 1.17 38% F 63% D
Price / Cash Flow Ratio 4.62 46% F 63% D
EV/EBITDA N/A N/A N/A N/A N/A
Management Effectiveness  
Return on Equity 7.23% 59% F 57% F
Return on Invested Capital -3.37% 10% F 15% F
Return on Assets 0.75% 70% C- 31% F
Debt to Equity Ratio 136.84% 48% F 24% F
Technical Ratios  
Short Ratio 1.55 52% F 58% F
Short Percent 0.96% 33% F 83% B
Beta 1.60 23% F 22% F
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 97%-89% B 83%-86% B- 80%-82%
C+ 77%-79% C 73%-76% C- 70%-72%
D+ 67%-69% D 63%-66% D- 60%-62%
F 0%-59%

Annual Financials (USD)

Quarterly Financials (USD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

Fundamental Analysis Breakdown

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
High market capitalization

This is one of the largest entities in its sector and is among the top quartile. Such companies tend to be more stable.

High dividend returns

The stock has outperformed its sector peers on average annual dividend returns basis in the past 5 years (for a hold period of at least 12 months) and is in the top quartile. This can be a good buy, especially if it is outperforming on total return basis , for investors seeking high income yields.

Positive cash flow

The company had positive total cash flow in the most recent four quarters.

What to not like:
High volatility

The total returns for this company are volatile and above median for its sector over the past 5 years. Make sure you have the risk tolerance for investing in such stock.

Overpriced compared to earnings

The stock is trading high compared to its peers on a price to earning basis and is above the sector median.

Overpriced compared to book value

The stock is trading high compared to its peers median on a price to book value basis.

Overpriced on cashflow basis

The stock is trading high compared to its peers on a price to cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.

Higly leveraged

The company is in the bottom half compared to its sector peers on debt to equity and is highly leveraged. However, do check the news and look at its sector and management statements. Sometimes this is high because the company is trying to grow aggressively.

Low Earnings Growth

This stock has shown below median earnings growth in the previous 5 years compared to its sector

Low Revenue Growth

This stock has shown below median revenue growth in the previous 5 years compared to its sector

Low Dividend Growth

This stock has shown below median dividend growth in the previous 5 years compared to its sector.