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BAC

36.08USD-0.47(-1.29%)Market Closed

Bank of America Corp

Market Summary

USD36.08-0.47Market Closed
-1.29%

BAC Stock Price

RSI Chart

Valuation

Market Cap

290.7B

Price/Earnings

10.38

Price/Sales

3.2

Price/Cashflow

73.28

MarketCap/EBT

9.22

Price/Sales

Profitability

EBT Margin

34.76%

Return on Equity

10.41%

Return on Assets

0.92%

Fundamentals

Revenue

Revenue (TTM)

90.7B

Revenue Y/Y

5.69%

Revenue Q/Q

-2.32%

Earnings

Earnings (TTM)

28.0B

Earnings Y/Y

-32.27%

Earnings Q/Q

-11.6%

Price Action

52 Week Range

29.3149.26
(Low)(High)

Last 7 days

-4.3%

Last 30 days

0.0%

Last 90 days

7.9%

Trailing 12 Months

-18.2%

Financial Health

Debt/Equity

1.02

Debt/Cashflow

0.01

Investor Care

Dividend Yield

2.31%

Dividend/Share (TTM)

0.78

Buy Backs (1Y)

4.51%

Diluted EPS (TTM)

3.2

Peers (Alternatives to Bank of America)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
373.5B
53.2B
6.45% -12.37%
9.57
7.02
-19.87% -18.42%
290.7B
90.7B
-0.03% -18.23%
10.38
3.2
7.11% 1.42%
175.8B
41.7B
-1.37% -3.87%
9.95
4.22
1.39% 3.49%
67.4B
20.1B
3.47% -15.91%
11.79
3.35
15.86% -3.31%
63.7B
15.3B
9.32% -16.26%
9.38
4.55
12.60% -15.83%
13.1B
2.4B
1.36% 54.12%
15.8
6.06
7.09% -15.09%
MID-CAP
10.0B
1.2B
-9.15% 11.32%
20.35
8.17
20.51% 13.63%
8.3B
1.2B
0.20% 1.88%
16.6
7.15
2.17% -28.38%
7.8B
2.3B
6.44% -16.18%
9.03
3.37
0.61% -24.32%
6.3B
1.2B
2.96% -14.10%
11.59
5.89
14.86% 10.25%
2.4B
356.7M
3.05% 13.69%
16.34
6.93
1.80% -6.63%
2.2B
428.0M
0.74% 15.23%
20.03
5.19
-8.68% -46.05%
SMALL-CAP
1.7B
195.6M
1.16% 13.70%
18.49
9.5
12.83% 17.81%
1.6B
637.0M
5.16% -3.64%
7.26
2.7
13.13% 20.37%

Financials for Bank of America

Income Statement (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q22022Q12021Q42021Q32021Q2
Revenue1.4%90,74289,52089,11387,15284,722
Earnings Before Taxes-3.5%31,53932,68933,97632,27727,873
Net Income-9.6%28,01830,99531,97830,43527,625
Balance Sheet
(In Millions)
Description(%) Q/Q2021Q22021Q12020Q42020Q32020Q2
Assets2.0%3,029,8942,969,9922,819,6272,738,4522,741,688
    Cash Equivalents-20.3%260,030326,101380,463301,006289,346
  Net PPE-0.5%10,74710,80311,00010,90210,790
  Goodwill0.1%69,02368,95168,95168,95168,951
  Long Term Debt9.3%274,604251,211262,934255,723261,638
Shareholder's Equity1.1%277,119274,000272,924268,850265,637
  Retained Earnings4.4%177,499170,082164,088160,447157,578
Shares Outstanding-8,487----
Float70.1%349,925205,772---
* denotes actual numbers (not divided by Millions)
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q22022Q12021Q42021Q32021Q2
Cashflow From Operations1444.7%3,967-295.00-7,193.002,750-39,683.00
  Share Based Compensation6.9%2,8362,6542,7682,4652,417
Cashflow From Investing46.7%-143,275.00-268,619.00-313,291.00-308,266.00-220,591.00
Cashflow From Financing-62.1%82,938218,909291,650286,548230,487
  Buy Backs-13.3%21,07224,30625,12617,8568,056

Risks

What is the probability of a big loss on BAC?

49.6%


Probability that Bank of America stock will be more than 20% underwater in next one year

30.4%


Probability that Bank of America stock will be more than 30% underwater in next one year.

18.5%


Probability that Bank of America stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does BAC drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Bank of America was unfortunately bought at previous high price.

Returns

Cumulative Returns on BAC

15.6%


10-Year Cumulative Returns

12.8%


7-Year Cumulative Returns

7.3%


5-Year Cumulative Returns

5.6%


3-Year Cumulative Returns

What are the long-term rolling returns for BAC?

FIve years rolling returns for Bank of America.

Which funds bought or sold BAC recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2022-11-29
London & Capital Asset Management Ltd
ADDED
0.4
-99,000
3,702,000
0.35%
2022-11-29
SALEM CAPITAL MANAGEMENT INC
UNCHANGED
-
-183,000
5,966,000
4.72%
2022-11-23
Toroso Investments, LLC
ADDED
25.43
563,000
3,161,000
0.13%
2022-11-23
Gould Capital, LLC
UNCHANGED
-
-
11,000
0.01%
2022-11-23
Eagle Bay Advisors LLC
ADDED
18.7
31,103
229,000
0.14%
2022-11-22
TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY
NEW
-
48,028,000
48,028,000
0.56%
2022-11-22
Gibson Wealth Advisors LLC
UNCHANGED
-
-1,000
16,000
0.02%
2022-11-22
CONTINENTAL INVESTORS SERVICES, INC.
NEW
-
395,000
395,000
0.01%
2022-11-22
SMITH CHAS P & ASSOCIATES PA CPAS
REDUCED
-1.14
-14,000
319,000
0.03%
2022-11-22
CVA Family Office, LLC
REDUCED
-1.21
-22,000
494,000
0.13%

1–10 of 46

Latest Funds Activity

Are funds buying BAC calls or puts?
Are funds bullish or bearish(Calls - Puts)?
No. of funds that own BAC

Bank of America News

FXStreet

Elliott Wave Analysis: S&P 500, AAPL, AMZN, NVDA, TSLA, GOOGL, BRK.B, BLOCK,META, NFLX and more [Video].5 hours ago

BAC Fair Value

Recent SEC filings of Bank of America

View All Filings
Date Filed Form Type Document
Nov 30, 2022
424B2
Prospectus Filed
Nov 30, 2022
424B2
Prospectus Filed
Nov 30, 2022
424B2
Prospectus Filed
Nov 30, 2022
424B2
Prospectus Filed
Nov 30, 2022
4
Insider Trading
Nov 30, 2022
424B2
Prospectus Filed
Nov 30, 2022
SC 13D/A
13D - Major Acquisition
Nov 30, 2022
424B2
Prospectus Filed
Nov 30, 2022
424B2
Prospectus Filed
Nov 30, 2022
424B2
Prospectus Filed

Latest Insider Trading transactions for BAC

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2022-11-15
Bless Rudolf A.
SOLD FOR TAXES
-44,825.3
37.7
-1,189
Chief Accounting Officer
2022-11-15
Bless Rudolf A.
ACQUIRED
-
-
2,674
Chief Accounting Officer
2022-11-15
MOYNIHAN BRIAN T
ACQUIRED
-
-
15,852
Chairman and CEO
2022-11-15
MOYNIHAN BRIAN T
GIVEN BACK TO IS
-597,620
37.7
-15,852
Chairman and CEO
2022-11-08
MOYNIHAN BRIAN T
GIFTED
-
-
-10,000
Chairman and CEO
2022-10-31
MOYNIHAN BRIAN T
GIFTED
-
-
-100,000
Chairman and CEO
2022-10-15
MOYNIHAN BRIAN T
ACQUIRED
-
-
15,852
Chairman and CEO
2022-10-15
MOYNIHAN BRIAN T
GIVEN BACK TO IS
-502,508
31.7
-15,852
Chairman and CEO
2022-09-15
MOYNIHAN BRIAN T
GIVEN BACK TO IS
-547,052
34.51
-15,852
Chairman and CEO
2022-09-15
MOYNIHAN BRIAN T
ACQUIRED
-
-
15,852
Chairman and CEO

1–10 of 50

Brian T. Moynihan
65535
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.

BAC Income Statement

2022-09-30
Consolidated Statement of Income - USD ($)
shares in Millions, $ in Millions
3 Months Ended9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Net interest income    
Interest income$ 19,621$ 12,336$ 47,490$ 35,118
Interest expense5,8561,2429,7093,594
Net interest income13,76511,09437,78131,524
Noninterest income    
Fees and commissions8,0019,91525,47729,156
Market making and similar activities3,0682,0059,0237,360
Other income(332)(248)(1,863)(987)
Total noninterest income10,73711,67232,63735,529
Total income24,50222,76670,41867,053
Provision for credit losses898(624)1,451(4,105)
Noninterest expense    
Compensation and benefits8,8878,71427,28627,103
Occupancy and equipment1,7771,7645,2855,353
Information processing and communications1,5461,4164,6214,289
Product delivery and transaction related8929872,7492,940
Professional fees5254341,4931,263
Marketing5053471,3651,528
Other general operating1,1717783,0962,524
Total noninterest expense15,30314,44045,89545,000
Income before income taxes8,3018,95023,07226,158
Income tax expense1,2191,2592,6761,193
Net income7,0827,69120,39624,965
Preferred stock dividends5034311,2851,181
Net income applicable to common shareholders$ 6,579$ 7,260$ 19,111$ 23,784
Per common share information    
Earnings (in dollars per share)$ 0.81$ 0.86$ 2.35$ 2.77
Diluted earnings (in dollars per share)$ 0.81$ 0.85$ 2.34$ 2.75
Average common shares issued and outstanding (in shares)8,107.78,430.78,122.28,583.1
Average diluted common shares issued and outstanding (in shares)8,160.88,492.88,173.38,702.2

BAC Balance Sheet

2022-09-30
Consolidated Balance Sheet - USD ($)
$ in Millions
Sep. 30, 2022
Dec. 31, 2021
Assets  
Cash and due from banks$ 27,802$ 29,222
Interest-bearing deposits with the Federal Reserve, non-U.S. central banks and other banks177,174318,999
Cash and cash equivalents204,976348,221
Time deposits placed and other short-term investments7,4497,144
Federal funds sold and securities borrowed or purchased under agreements to resell (includes $165,521 and $150,665 measured at fair value)275,247250,720
Trading account assets (includes $112,374 and $103,434 pledged as collateral)293,458247,080
Derivative assets71,95635,344
Debt securities:  
Carried at fair value236,245308,073
Held-to-maturity, at cost (fair value – $527,553 and $665,890)643,713674,554
Total debt securities879,958982,627
Loans and leases (includes $4,851 and $7,819 measured at fair value)1,032,466979,124
Allowance for loan and lease losses(12,302)(12,387)
Loans and leases, net of allowance1,020,164966,737
Premises and equipment, net11,11710,833
Goodwill69,02269,022
Loans held-for-sale (includes $2,395 and $4,455 measured at fair value)7,62915,635
Customer and other receivables76,21172,263
Other assets (includes $7,326 and $12,144 measured at fair value)155,766163,869
Total assets3,072,9533,169,495
Deposits in U.S. offices:  
Noninterest-bearing696,976784,189
Interest-bearing (includes $453 and $408 measured at fair value)1,143,3171,165,914
Deposits in non-U.S. offices:  
Noninterest-bearing21,63027,457
Interest-bearing76,17486,886
Total deposits1,938,0972,064,446
Federal funds purchased and securities loaned or sold under agreements to repurchase (includes $165,390 and $139,641 measured at fair value)215,627192,329
Trading account liabilities84,768100,690
Derivative liabilities50,15637,675
Short-term borrowings (includes $1,993 and $4,279 measured at fair value)21,04423,753
Accrued expenses and other liabilities (includes $6,764 and $11,489 measured at fair value and $1,515 and $1,456 of reserve for unfunded lending commitments)224,615200,419
Long-term debt (includes $27,531 and $29,708 measured at fair value)269,122280,117
Total liabilities2,803,4292,899,429
Commitments and contingencies (Note 6 – Securitizations and Other Variable Interest Entities and Note 10 – Commitments and Contingencies)
Shareholders’ equity  
Preferred stock, $0.01 par value; authorized – 100,000,000 shares; issued and outstanding – 4,117,652 and 3,939,686 shares29,13424,708
Common stock and additional paid-in capital, $0.01  par value; authorized – 12,800,000,000 shares; issued and outstanding – 8,024,450,244 and 8,077,831,463 shares59,46062,398
Retained earnings201,957188,064
Accumulated other comprehensive income (loss)(21,027)(5,104)
Total shareholders’ equity269,524270,066
Total liabilities and shareholders’ equity3,072,9533,169,495
Consolidated VIEs  
Assets  
Trading account assets (includes $112,374 and $103,434 pledged as collateral)2,7945,004
Debt securities:  
Loans and leases (includes $4,851 and $7,819 measured at fair value)16,07317,135
Allowance for loan and lease losses(802)(958)
Loans and leases, net of allowance15,27116,177
Other assets (includes $7,326 and $12,144 measured at fair value)93189
Total assets18,15821,370
Deposits in non-U.S. offices:  
Short-term borrowings (includes $1,993 and $4,279 measured at fair value)82247
Long-term debt (includes $27,531 and $29,708 measured at fair value)3,2403,587
All other liabilities (includes $9 and $7 of non-recourse liabilities)97
Total liabilities$ 3,331$ 3,841