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Bank of America Corp Stock Research

BAC

28.55USD-0.10(-0.35%)Market Closed
Watchlist

Market Summary

USD28.55-0.10
Market Closed
-0.35%

BAC Alerts

  • Big jump in Revenue (Y/Y)

BAC Stock Price

BAC RSI Chart

BAC Valuation

Market Cap

227.1B

Price/Earnings (Trailing)

7.62

Price/Sales (Trailing)

2.06

EV/EBITDA

1.51

Price/Free Cashflow

5.09

BAC Price/Sales (Trailing)

BAC Profitability

EBT Margin

32.06%

Return on Equity

10.21%

Free Cashflow Yield

19.66%

BAC Fundamentals

BAC Revenue

Revenue (TTM)

110.0B

Revenue Y/Y

116.05%

Revenue Q/Q

12.91%

BAC Earnings

Earnings (TTM)

29.8B

Earnings Y/Y

18.58%

Earnings Q/Q

-9.23%

Price Action

52 Week Range

26.3238.13
(Low)(High)

Last 7 days

-1.1%

Last 30 days

-2.1%

Last 90 days

2.1%

Trailing 12 Months

-15.4%

BAC Financial Health

Debt/Equity

1.01

Debt/Cashflow

0.1

BAC Investor Care

Buy Backs (1Y)

2.07%

Diluted EPS (TTM)

3.48

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales

Latest Insider Trading transactions for BAC

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2023-09-15
MOYNIHAN BRIAN T
back to issuer
-570,311
28.84
-19,775
chairman and ceo
2023-09-15
MOYNIHAN BRIAN T
acquired
-
-
19,775
chairman and ceo
2023-09-01
Mensah Bernard A
back to issuer
-52,135
28.98
-1,799
president, international
2023-09-01
Mensah Bernard A
acquired
-
-
1,799
president, international
2023-08-15
DeMare James P
sold (taxes)
-289,250
29.94
-9,661
president, global markets
2023-08-15
MOYNIHAN BRIAN T
acquired
-
-
19,775
chairman and ceo
2023-08-15
Hans Lindsay D.
sold (taxes)
-14,910
29.94
-498
pres, merrill wealth mgmt
2023-08-15
Mensah Bernard A
sold (taxes)
-475,477
29.94
-15,881
president, international
2023-08-15
Bless Rudolf A.
acquired
-
-
2,674
chief accounting officer
2023-08-15
MOYNIHAN BRIAN T
back to issuer
-592,064
29.94
-19,775
chairman and ceo

1–10 of 50

Which funds bought or sold BAC recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2023-09-19
BIRMINGHAM CAPITAL MANAGEMENT CO INC/AL
reduced
-3.79
-86,842
2,402,840
1.01%
2023-09-18
CAPE ANN SAVINGS BANK
added
9.02
89,124
1,041,330
0.69%
2023-09-18
WASHINGTON CAPITAL MANAGEMENT, INC
unchanged
-
2,762
880,353
0.75%
2023-09-14
Proquility Private Wealth Partners, LLC
added
4.84
90,023
1,831,710
0.72%
2023-09-14
Alken Asset Management Ltd
unchanged
-
21,000
3,933,000
15.87%
2023-09-14
IMS Capital Management
added
71.17
368,922
883,396
0.49%
2023-09-12
Farther Finance Advisors, LLC
added
14,433
507,411
510,914
0.11%
2023-09-12
Farther Finance Advisors, LLC
reduced
-32.78
-152,209
315,127
0.07%
2023-09-12
DCM Advisors, LLC
reduced
-0.06
17,378
6,743,240
2.89%
2023-09-08
TUCKER ASSET MANAGEMENT LLC
reduced
-8.51
-12,874
143,814
0.04%

1–10 of 45

Latest Funds Activity

Are funds buying BAC calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own BAC
No. of Funds

Schedule 13G FIlings of Bank of America

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 09, 2023
vanguard group inc
7.58%
607,703,467
SC 13G/A
Feb 07, 2023
blackrock inc.
5.9%
474,777,122
SC 13G/A
Mar 11, 2022
blackrock inc.
6.1%
496,922,071
SC 13G/A
Feb 09, 2022
vanguard group inc
7.16%
586,192,046
SC 13G/A
Feb 08, 2022
blackrock inc.
6.1%
496,922,071
SC 13G
Feb 16, 2021
berkshire hathaway inc
11.9%
1,032,852,006
SC 13G/A
Feb 10, 2021
vanguard group inc
7.11%
614,743,131
SC 13G/A
Feb 05, 2021
blackrock inc.
6.0%
515,170,704
SC 13G/A
Feb 14, 2020
berkshire hathaway inc
10.7%
947,760,000
SC 13G/A
Feb 14, 2020
berkshire hathaway inc
10.7%
947,760,000
SC 13G/A

Recent SEC filings of Bank of America

View All Filings
Date Filed Form Type Document
Sep 20, 2023
424B2
Prospectus Filed
Sep 20, 2023
424B2
Prospectus Filed
Sep 20, 2023
4
Insider Trading
Sep 20, 2023
424B2
Prospectus Filed
Sep 20, 2023
4
Insider Trading
Sep 20, 2023
424B2
Prospectus Filed
Sep 20, 2023
424B2
Prospectus Filed
Sep 20, 2023
4
Insider Trading
Sep 20, 2023
424B2
Prospectus Filed
Sep 20, 2023
4
Insider Trading

Peers (Alternatives to Bank of America)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
436.6B
173.2B
-0.79% 29.18%
9.13
2.52
35.92% 22.61%
227.1B
110.0B
-2.06% -15.41%
7.62
2.06
51.38% 6.30%
158.6B
72.5B
0.89% -0.61%
9.72
2.19
73.83% -8.32%
52.8B
25.2B
-6.39% -22.62%
9.1
2.09
79.85% -14.63%
49.7B
22.9B
0.83% -23.59%
7.79
2.17
38.72% 11.55%
6.1B
3.5B
-11.71% -51.31%
5.45
1.72
63.30% 33.69%
MID-CAP
6.6B
2.0B
-2.47% -33.62%
10.07
3.77
87.42% 64.02%
6.1B
1.9B
-3.36% -14.34%
9.54
3.2
63.51% 27.47%
5.2B
3.4B
2.23% -37.84%
5.94
1.52
49.65% 2.44%
5.1B
1.9B
-1.50% -22.08%
8.13
2.65
77.79% 14.10%
SMALL-CAP
1.6B
434.3M
-6.36% -26.52%
11.14
3.6
26.93% -3.25%
1.3B
738.4M
-10.92% -34.59%
12.53
1.76
72.51% -6.48%
1.1B
270.1M
-6.63% -23.24%
7.32
4.19
51.23% 68.79%
1.1B
919.0M
-6.74% -37.65%
5.91
1.17
55.57% -16.98%

Bank of America News

MarketBeat
Paradigm Financial Partners LLC Sells 19871 Shares of Bank of ....
MarketBeat,
79 minutes ago
Marketscreener.com
Bank of America Newsroom
StreetInsider.com
Form 424B2 BofA Finance LLC.
StreetInsider.com,
17 hours ago
Investing.com UK
Bank of America Newsroom
Marketscreener.com
The Motley Fool

Returns for BAC

Cumulative Returns on BAC

8.9%


10-Year Cumulative Returns

11.1%


7-Year Cumulative Returns

0.4%


5-Year Cumulative Returns

6.2%


3-Year Cumulative Returns

Risks for BAC

What is the probability of a big loss on BAC?

65.8%


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

36.5%


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.

Drawdowns

Financials for Bank of America

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Last 12 Months)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Revenue18.8%110,04392,66494,95074,43172,69579,18689,11387,15284,72285,58285,52887,77890,24991,00791,24491,57291,48990,95491,02088,55387,668
EBITDA-100.0%-89,50485,40982,05280,01278,92978,80875,94470,57866,92964,19868,08772,42078,90783,374------
EBITDA Margin-100.0%-0.89*0.90*0.89*0.88*0.88*0.88*0.87*0.83*0.78*0.75*0.78*0.80*0.87*0.91*------
Interest Expenses3.1%57,05255,33852,46249,19146,52044,30942,93441,77740,81241,42743,36045,24747,30548,64648,89149,25549,12948,76848,16247,69246,792
Earnings Before Taxes3.5%33,32132,17930,96930,89031,53932,68933,97632,27727,87323,63018,99521,04523,35828,51832,75433,28335,41834,95734,58432,04730,664
EBT Margin-100.0%-0.32*0.33*0.33*0.35*0.37*0.38*0.37*0.33*0.28*0.22*0.24*0.26*0.31*0.36*------
Net Income4.1%29,78328,62227,52827,40928,01830,99531,97830,43527,62521,93417,89419,41820,31424,12927,43027,71429,10428,54028,14723,23421,491
Net Income Margin-100.0%-0.29*0.29*0.30*0.56*0.35*0.36*0.35*0.33*0.26*0.21*0.22*0.23*0.27*0.30*------
Free Cashflow-100.0%-27,803-6,3277,3263,967-295-7,1932,750-39,683-33,37837,99342,50269,43865,71961,777------
Balance Sheet
Balance Sheet
Description(%) Q/Q2018Q12017Q42017Q32017Q22017Q12016Q42016Q32016Q22016Q12015Q42015Q32015Q22015Q12014Q42014Q32014Q22014Q12013Q42013Q32008Q4
Assets-3.8%85,631,000,00089,008,000,00092,443,000,00097,993,000,000112,153,000,000118,073,000,000116,989,000,000129,560,000,000135,007,000,000144,310,000,000147,140,000,000153,551,000,00068,187,000,000169,586,000,00079,576,000,00080,563,000,00080,532,000,00070,879,000,00071,039,000,0001,817,943,000,000
    Cash Equivalents29.7%204,241,000,000157,434,000,000172,381,000,000-----------------
  Net PPE1.6%9,399,000,0009,247,000,0008,971,000,000-----------------
  Goodwill0%68,951,000,00068,951,000,00068,968,000,000-----------------
Liabilities----1,983,542,000,0001,979,548,000,0001,921,872,000,0001,925,231,000,0001,919,540,000,0001,922,722,000,0001,888,111,000,0001,897,101,000,0001,897,375,000,0001,893,357,000,0001,861,063,000,0001,884,932,000,0001,933,146,000,0001,917,963,000,0001,869,588,000,0001,894,371,000,000-
  Short Term Borrowings----------------45,873,000,00051,409,000,00045,999,000,00040,769,000,000158,056,000,000
  Long Term Debt2.1%232,256,000,000227,402,000,000228,666,000,000-----------------
Shareholder's Equity-0.3%266,224,000,000267,146,000,000271,969,000,000-----------------
  Retained Earnings5.7%120,298,000,000113,816,000,000113,486,000,000-----------------
Shares Outstanding0.3%10,322,400,00010,287,302,43110,197,900,000-----------------
Cashflow (Last 12 Months)
(In Millions)
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Cashflow From Operations60.6%44,63827,803-6,3277,3263,967-295-7,1932,750-39,683-33,37837,99342,50269,43865,71961,777-11,24814,06014,26739,52046,34247,040
  Share Based Compensation1.4%2,9572,9172,8622,9722,8362,6542,7682,4652,4172,3412,0312,0762,0662,0131,9741,9011,8371,8181,7291,7501,761
Cashflow From Investing42.5%137,87196,725-2,529-75,816-143,275-268,619-313,291-308,266-220,591-200,334-177,665-167,062-252,172-166,274-80,630-61,668-57,817-53,386-71,468-59,068-48,485
Cashflow From Financing62.3%-7,848-20,804-106,0391,38682,938218,909291,650286,548230,487308,299355,819266,015301,241180,0323,37745,79944,0169,00853,11826,40514,018
  Buy Backs-9.2%4,2134,6385,07311,60821,07224,30625,12617,8568,0564,1337,02514,51022,02228,24328,14425,62723,04121,49920,09419,73217,673

BAC Income Statement

2023-06-30
Consolidated Statement of Income - USD ($)
shares in Millions, $ in Millions
3 Months Ended6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Net interest income    
Interest income$ 32,354$ 14,975$ 61,009$ 27,869
Interest expense18,1962,53132,4033,853
Net interest income14,15812,44428,60624,016
Noninterest income    
Fees and commissions7,9618,49115,85517,476
Market making and similar activities3,6972,7178,4095,955
Other income(619)(964)(1,415)(1,531)
Total noninterest income11,03910,24422,84921,900
Total revenue, net of interest expense25,19722,68851,45545,916
Provision for credit losses1,1255232,056553
Noninterest expense    
Compensation and benefits9,4018,91719,31918,399
Occupancy and equipment1,7761,7483,5753,508
Information processing and communications1,6441,5353,3413,075
Product delivery and transaction related9569241,8461,857
Professional fees5275181,064968
Marketing513463971860
Other general operating1,2211,1682,1601,925
Total noninterest expense16,03815,27332,27630,592
Income before income taxes8,0346,89217,12314,771
Income tax expense6266451,5541,457
Net income7,4086,24715,56913,314
Preferred stock dividends306315811782
Net income applicable to common shareholders$ 7,102$ 5,932$ 14,758$ 12,532
Per common share information    
Earnings (in dollars per share)$ 0.88$ 0.73$ 1.83$ 1.54
Diluted earnings (in dollars per share)$ 0.88$ 0.73$ 1.82$ 1.53
Average common shares issued and outstanding (in shares)8,040.98,121.68,053.58,129.3
Average diluted common shares issued and outstanding (in shares)8,080.78,163.18,162.68,182.2

BAC Balance Sheet

2023-06-30
Consolidated Balance Sheet - USD ($)
$ in Millions
Jun. 30, 2023
Dec. 31, 2022
Assets  
Cash and due from banks$ 29,651$ 30,334
Interest-bearing deposits with the Federal Reserve, non-U.S. central banks and other banks343,902199,869
Cash and cash equivalents373,553230,203
Time deposits placed and other short-term investments7,9417,259
Federal funds sold and securities borrowed or purchased under agreements to resell (includes $152,081 and $146,999 measured at fair value)276,281267,574
Trading account assets (includes $152,849 and $115,505 pledged as collateral)311,400296,108
Derivative assets46,47548,642
Debt securities:  
Carried at fair value142,040229,994
Held-to-maturity, at cost (fair value $508,351 and $524,267)614,118632,825
Total debt securities756,158862,819
Loans and leases (includes $4,327 and $5,771 measured at fair value)1,051,2241,045,747
Allowance for loan and lease losses(12,950)(12,682)
Loans and leases, net of allowance1,038,2741,033,065
Premises and equipment, net11,68811,510
Goodwill69,02169,022
Loans held-for-sale (includes $2,063 and $1,115 measured at fair value)6,7886,871
Customer and other receivables74,00067,543
Other assets (includes $10,028 and $9,594 measured at fair value)151,619150,759
Total assets3,123,1983,051,375
Deposits in U.S. offices:  
Noninterest-bearing571,621640,745
Interest-bearing (includes $379 and $311 measured at fair value)1,197,3961,182,590
Deposits in non-U.S. offices:  
Noninterest-bearing16,66220,480
Interest-bearing91,53086,526
Total deposits1,877,2091,930,341
Federal funds purchased and securities loaned or sold under agreements to repurchase (includes $214,991 and $151,708 measured at fair value)288,627195,635
Trading account liabilities97,81880,399
Derivative liabilities43,39944,816
Short-term borrowings (includes $2,239 and $832 measured at fair value)41,01726,932
Accrued expenses and other liabilities (includes $11,587 and $9,752 measured at fair value and $1,388 and $1,540 of reserve for unfunded lending commitments)205,736224,073
Long-term debt (includes $40,622 and $33,070 measured at fair value)286,073275,982
Total liabilities2,839,8792,778,178
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 – 4,088,099 and 4,088,101 shares28,39728,397
Common stock and additional paid-in capital, $0.01  par value; authorized – 12,800,000,000 shares; issued and outstanding – 7,953,563,116 and 7,996,777,943 shares57,26758,953
Retained earnings218,397207,003
Accumulated other comprehensive income (loss)(20,742)(21,156)
Total shareholders’ equity283,319273,197
Total liabilities and shareholders’ equity3,123,1983,051,375
Consolidated VIEs  
Assets  
Trading account assets (includes $152,849 and $115,505 pledged as collateral)4,6102,816
Debt securities:  
Loans and leases (includes $4,327 and $5,771 measured at fair value)15,88416,738
Allowance for loan and lease losses(796)(797)
Loans and leases, net of allowance15,08815,941
Other assets (includes $10,028 and $9,594 measured at fair value)126116
Total assets19,82418,873
Deposits in non-U.S. offices:  
Short-term borrowings (includes $2,239 and $832 measured at fair value)1,87742
Long-term debt (includes $40,622 and $33,070 measured at fair value)5,7014,581
All other liabilities (includes $10 and $13 of non-recourse liabilities)1012
Total liabilities$ 7,588$ 4,635
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.