US stock · Financial Services sector · Banks—Diversified
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Bank of America Corporation

BACNYSE

31.73

USD
-0.77
(-2.37%)
Market Closed
9.92P/E
8Forward P/E
0.49P/E to S&P500
254.958BMarket CAP
2.58%Div Yield
Upcoming Earnings
17 Oct
Shares Short
8/31/22
69.62M
Short % of Float
1.00%
Short % of Shares Outs.
0.87%
% Held by Insiders
0.14%
% Held by Institutions
70.69%
Beta
1.38
PEG Ratio
1.54
52w. high/low
50.11/29.67
Avg. Daily Volume
39.64M
Return %
Stock
S&P 500
1 year
(24.45)
(16.94)
3 years
8.70
23.82
5 years
27.12
47.73
Scale: |
High
Low
54.21
40.61
45.08
10.01
19.10
2.53
19.86
10.91
15.31
4.92
11.69
5.62
15.98
10.98
18.21
14.37
18.48
14.60
23.39
10.99
30.03
22.01
33.05
22.66
35.72
24.01
35.67
17.95
48.69
29.57
50.11
29.67
Currency: USD
2006
2007
2008
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
TTM
Revenue per share
15.33
14.07
15.73
14.18
10.72
8.49
7.56
8.02
7.89
7.86
8.14
8.57
9.04
9.72
9.77
10.18
11.02
Earnings per share
4.67
3.39
0.87
0.81
(0.23)
0.14
0.39
1.07
0.46
1.52
1.74
1.79
2.79
2.92
2.04
3.65
4.02
FCF per share
3.04
2.01
0.42
16.50
8.34
6.23
(1.29)
8.60
2.43
2.65
1.78
1.02
3.91
6.58
4.34
(0.82)
0.48
Dividends per share
2.13
2.46
2.51
0.63
0.18
0.17
0.18
0.16
0.22
0.34
0.41
0.56
0.68
0.63
0.88
0.92
1.01
CAPEX per share
0.17
0.48
0.46
0.29
0.10
0.13
- -
0.05
0.11
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per sh.
29.88
33.19
38.56
29.95
23.31
22.69
22.05
21.68
23.13
24.49
25.95
26.20
26.28
28.20
31.18
30.85
32.74
Comm.Shares outs.
4,527
4,424
4,592
7,729
9,790
10,143
10,746
10,731
10,528
10,462
10,284
10,196
10,097
9,391
8,753
8,753
8,233
Avg. annual P/E ratio
10.6
14.6
35.8
15.2
(64.4)
71.2
21.6
12.5
35.5
10.9
8.8
13.8
10.6
10.1
12.9
11.0
9.9
P/E to S&P500
0.6
0.8
1.7
0.2
(3.1)
4.4
1.4
0.7
2.0
0.5
0.4
0.6
0.4
0.4
0.3
0.4
0.5
Avg. annual div. yield
4.3%
5.0%
8.0%
5.1%
1.2%
1.7%
2.1%
1.2%
1.3%
2.1%
2.7%
2.3%
2.3%
2.1%
3.4%
2.3%
2.6%
Revenue (m)
69,391
62,255
72,243
109,629
104,960
86,094
81,264
86,041
83,117
82,246
83,701
87,352
91,247
91,244
85,528
89,113
90,742
Operating margin
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
8.9%
Depreciation (m)
2,869
2,844
3,319
4,314
3,912
3,485
3,038
2,683
2,522
2,389
2,241
2,103
2,063
1,729
1,843
1,898
1,953
Net profit (m)
21,133
14,982
4,008
6,276
(2,238)
1,446
4,188
11,431
4,833
15,888
17,906
18,232
28,147
27,430
17,894
31,978
34,215
Income tax rate
33.9%
28.4%
9.5%
(43.9)%
(69.2)%
728.7%
(36.3)%
29.3%
29.5%
28.3%
28.8%
37.6%
18.6%
16.3%
5.8%
5.9%
11.0%
Net profit margin
30.5%
24.1%
5.5%
5.7%
(2.1)%
1.7%
5.2%
13.3%
5.8%
19.3%
21.4%
20.9%
30.8%
30.1%
20.9%
35.9%
37.7%
Working capital (m)
885,155
1,046,124
1,106,090
1,526,514
1,558,955
1,513,478
1,511,261
1,440,391
1,413,148
1,446,585
1,575,098
1,624,854
1,718,723
1,719,286
1,928,161
1,939,614
176,957
Long-term debt (m)
146,000
197,508
268,292
438,521
448,431
372,265
275,585
249,674
243,139
236,764
216,823
227,402
229,340
240,856
262,934
280,117
280,206
Equity (m)
135,272
146,803
177,052
231,444
228,248
230,101
236,956
232,685
243,471
256,205
266,840
267,146
265,325
264,810
272,924
270,066
269,118
ROIC
3.8%
3.5%
2.4%
2.4%
1.7%
(6.4)%
1.2%
1.0%
0.6%
1.1%
1.2%
1.2%
1.9%
1.9%
0.9%
1.2%
1.3%
Return on capital
5.2%
4.3%
2.5%
1.6%
1.0%
1.0%
0.9%
1.4%
0.8%
1.5%
1.6%
1.8%
2.3%
2.3%
1.0%
1.2%
1.4%
Return on equity
15.6%
10.2%
2.3%
2.7%
(1.0)%
0.6%
1.8%
4.9%
2.0%
6.2%
6.7%
6.8%
10.6%
10.4%
6.6%
11.8%
12.7%
Plowback ratio
54.3%
27.4%
(187.6)%
22.5%
178.7%
(20.2)%
54.4%
85.3%
52.3%
77.5%
76.6%
68.7%
75.5%
78.4%
56.8%
74.8%
70.3%
Div.&Repurch./FCF
153.9%
152.4%
72.4%
28.5%
- -
2.8%
(13.8)%
12.3%
15.6%
21.4%
50.8%
178.0%
79.7%
59.3%
41.6%
(488.7)%
741.1%
Capital Structure
29 Jul · 2022 | Q2
All numbers in millions
Total liabilities
$ 2,842,488
Total assets
$ 3,111,606
Long-term debt
$ 280,206
Cash and equiv.
$ 198,002
Goodwill
$ 69,022
Retained earnings
$ 197,159
Common stock
8,137
Enterprise Value
$ 337,162
Working Capital
Currency: USD, in millions
2019
2020
2021
Cash & Investments
414,306
621,500
654,543
Receivables
75,658
81,157
87,020
Inventory
- -
- -
- -
Other
1,253,526
1,463,167
1,408,502
Current assets
1,743,490
1,947,482
1,963,367
Acc. Payable
- -
- -
- -
Debt due
24,204
19,321
23,753
Other
- -
- -
- -
Current liabilities
24,204
19,321
23,753
Annual growth rates
(avg. rate of change)
1 year
5 years
10 years
Revenue
4.19%
0.60%
1.11%
Cash flow
(118.93)%
44.69%
(80.92)%
Earnings
78.71%
23.94%
50.47%
Dividends
4.24%
10.37%
19.45%
Book value
(1.05)%
0.29%
1.50%
Insider Trading
Type
Shares
Date
Moynihan Brian T
Exempt
15,852
09/15/22
Moynihan Brian T
Return
15,852
09/15/22
Moynihan Brian T
Exempt
15,852
09/15/22
Almeida Jose E
Award
4,529
09/14/22
Mensah Bernard A
Exempt
1,799
09/01/22
Quarterly Revenue
Currency: USD, in millions
Year
1Q
2Q
3Q
4Q
Total
2020
22,767
22,326
20,336
20,099
85,528
2021
22,821
21,466
22,766
22,060
89,113
2022
23,228
22,688
- -
- -
- -
Earnings per share
Currency: USD
Year
1Q
2Q
3Q
4Q
Total
2020
0.46
0.40
0.56
0.62
2.04
2021
0.92
1.05
0.88
0.80
3.65
2022
0.87
1.53
- -
- -
- -
Quarterly dividends paid
Currency: USD
Year
1Q
2Q
3Q
4Q
Total
2020
0.24
0.21
0.23
0.21
0.88
2021
0.24
0.21
0.25
0.22
0.92
2022
0.27
0.25
- -
- -
- -
Company Description
Sector:
Financial Services
Industry:
Banks—Diversified
CEO:
Mr. Brian Moynihan
Full-time employees:
210,000
City:
Charlotte
Address:
Bank of America Corporate Center, 100 N Tryon St
IPO:
Jun 5, 1979
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. Its Consumer Banking segment offers traditional and money market savings accounts, certificates of deposit 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 company's Global Wealth & Investment Management segment offers investment management, brokerage, banking, and trust and retirement products and services; and wealth management solutions, as well as customized solutions, including specialty asset management services. Its Global Banking segment provides 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, and short-term investing options and merchant services; working capital management solutions; and debt and equity underwriting and distribution, and merger-related and other advisory services. The company's Global Markets segment offers market-making, financing, securities clearing, settlement, and custody services, as well as risk management products using interest rate, equity, credit, currency and commodity derivatives, foreign exchange, fixed-income, and mortgage-related products. As of December 31, 2021, it served approximately 67 million consumer and small business clients with approximately 4,200 retail financial centers; approximately 16,000 ATMs; and digital banking platforms with approximately 41 million active users. The company was founded in 1784 and is based in Charlotte, North Carolina.
Recent News
· 21 Sep, 2022 · The Wall Street Journal
· 24 Jul, 2022 · The Wall Street Journal
· 18 Jul, 2022 · The Wall Street Journal
· 3 Jul, 2022 · The Wall Street Journal
· 27 Jun, 2022 · The Wall Street Journal
· 18 Apr, 2022 · The Wall Street Journal
· 6 Apr, 2022 · The Wall Street Journal
· 4 Feb, 2022 · The Wall Street Journal
· 19 Jan, 2022 · The Wall Street Journal
· 20 Oct, 2021 · The Wall Street Journal
· 14 Oct, 2021 · The Wall Street Journal
· 14 Oct, 2021 · The Wall Street Journal
· 10 Sep, 2021 · The Wall Street Journal
· 26 Aug, 2021 · The Wall Street Journal
· 14 Jul, 2021 · The Wall Street Journal
· 12 Jul, 2021 · The Wall Street Journal
· 15 Apr, 2021 · The Wall Street Journal