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BAC

BAC - Bank of America Corp Stock Price, Fair Value and News

36.97USD+1.20 (+3.35%)Delayed

Market Summary

BAC
USD36.97+1.20
Delayed
3.35%

BAC Stock Price

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BAC RSI Chart

BAC Valuation

Market Cap

291.1B

Price/Earnings (Trailing)

10.98

Price/Sales (Trailing)

2.23

EV/EBITDA

2.98

Price/Free Cashflow

6.47

BAC Price/Sales (Trailing)

BAC Profitability

EBT Margin

21.76%

Return on Equity

9.09%

Return on Assets

41.62%

Free Cashflow Yield

15.45%

BAC Fundamentals

BAC Revenue

Revenue (TTM)

130.3B

Rev. Growth (Yr)

42.09%

Rev. Growth (Qtr)

5.96%

BAC Earnings

Earnings (TTM)

26.5B

Earnings Growth (Yr)

-55.92%

Earnings Growth (Qtr)

-59.7%

Breaking Down BAC Revenue

Last 7 days

3.3%

Last 30 days

0.6%

Last 90 days

14.7%

Trailing 12 Months

23.7%

How does BAC drawdown profile look like?

BAC Financial Health

Debt/Equity

1.04

Debt/Cashflow

0.15

BAC Investor Care

Dividend Yield

1.5%

Dividend/Share (TTM)

0.51

Buy Backs (1Y)

1.64%

Diluted EPS (TTM)

3.08

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
202388.3B105.7B119.7B130.3B
202253.9B60.1B66.3B72.6B
202185.6B84.7B87.2B47.7B
202091.0B90.2B87.8B85.5B
201991.0B91.5B91.6B91.2B
201887.9B87.7B88.6B91.0B
201785.2B86.7B86.9B87.1B
201683.1B82.4B83.1B83.7B
201584.2B84.5B84.2B83.2B
201486.9B85.9B85.6B85.9B
201384.3B85.0B86.1B87.5B
201288.9B97.6B89.6B83.3B
2011105.1B89.2B91.0B93.5B
2010115.9B112.2B112.9B110.2B
200991.5B103.8B110.2B119.6B
2008068.8B70.8B72.8B
200700066.8B
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Tracking the Latest Insider Buys and Sells of Bank of America Corp

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Apr 15, 2024
moynihan brian t
acquired
-
-
20,683
chair and ceo
Apr 15, 2024
moynihan brian t
back to issuer
-743,554
35.95
-20,683
chair and ceo
Mar 15, 2024
moynihan brian t
acquired
-
-
20,682
chair and ceo
Mar 15, 2024
moynihan brian t
back to issuer
-732,350
35.41
-20,682
chair and ceo
Mar 01, 2024
greener geoffrey s
acquired
-
-
102,263
chief risk officer
Mar 01, 2024
mensah bernard a
back to issuer
-49,154
34.35
-1,431
president, international
Mar 01, 2024
bronstein sheri b.
acquired
-
-
38,116
chief human resources officer
Mar 01, 2024
moynihan brian t
acquired
-
-
356,369
chair and ceo
Mar 01, 2024
bronstein sheri b.
sold (taxes)
-668,417
34.35
-19,459
chief human resources officer
Mar 01, 2024
moynihan brian t
sold (taxes)
-5,956,740
34.35
-173,413
chair and ceo

1–10 of 50

Which funds bought or sold BAC recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Apr 18, 2024
Northstar Group, Inc.
reduced
-11.26
-220
343,516
0.07%
Apr 18, 2024
Oxinas Partners Wealth Management LLC
reduced
-7.79
11,300
305,104
0.20%
Apr 18, 2024
Alaska Wealth Advisors
new
-
242,207
242,207
0.04%
Apr 18, 2024
AlphaMark Advisors, LLC
unchanged
-
2,000
11,000
-%
Apr 18, 2024
SeaCrest Wealth Management, LLC
reduced
-6.81
57,419
2,237,250
0.27%
Apr 18, 2024
Oak Thistle LLC
sold off
-100
-922,692
-
-%
Apr 18, 2024
Mirador Capital Partners LP
reduced
-1.71
29,425
304,573
0.06%
Apr 18, 2024
Buffington Mohr McNeal
added
4.23
955,857
6,454,650
1.17%
Apr 18, 2024
MV CAPITAL MANAGEMENT, INC.
reduced
-2.15
42,703
461,525
0.05%
Apr 18, 2024
Burt Wealth Advisors
added
19.24
85,588
335,187
0.09%

1–10 of 48

Are Funds Buying or Selling BAC?

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

Unveiling Bank of America Corp's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 13, 2024
vanguard group inc
7.69%
608,297,711
SC 13G/A
Jan 29, 2024
blackrock inc.
6.2%
494,523,426
SC 13G/A
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

Recent SEC filings of Bank of America Corp

View All Filings
Date Filed Form Type Document
Apr 19, 2024
424B2
Prospectus Filed
Apr 19, 2024
424B2
Prospectus Filed
Apr 19, 2024
424B2
Prospectus Filed
Apr 19, 2024
SC 13D/A
13D - Major Acquisition
Apr 19, 2024
424B2
Prospectus Filed
Apr 19, 2024
424B2
Prospectus Filed
Apr 19, 2024
FWP
Prospectus Filed
Apr 19, 2024
424B2
Prospectus Filed
Apr 19, 2024
424B2
Prospectus Filed
Apr 19, 2024
424B2
Prospectus Filed

Peers (Alternatives to Bank of America Corp)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
535.2B
171.1B
-5.35% 31.97%
10.8
3.13
60.72% 31.52%
291.1B
130.3B
0.60% 23.65%
10.98
2.23
79.51% -3.68%
216.0B
85.7B
5.36% 44.88%
11.28
2.52
41.49% 39.96%
113.1B
133.3B
-1.61% 19.76%
12.25
0.85
79.09% -
15.6B
10.2B
-2.44% 16.96%
9.7
1.53
44.53% -22.43%
13.7B
7.9B
-2.66% 21.59%
14.14
1.72
46.47% -49.56%
MID-CAP
6.8B
4.2B
-0.35% 12.62%
7.76
1.64
56.25% -23.46%
5.9B
3.9B
-3.44% 28.21%
8.69
1.5
45.91% -25.03%
3.2B
1.3B
-2.65% 33.98%
11.88
2.5
43.24% -22.35%
3.1B
2.0B
-1.20% 13.72%
16.97
1.59
70.97% -50.03%
SMALL-CAP
497.6M
120.2M
6.68% 49.76%
19.02
4.14
45.65% -13.98%
409.6M
164.9M
-5.29% 32.50%
35.02
2.48
42.66% -70.76%
376.6M
162.6M
-6.69% -0.22%
12.52
2.32
25.39% -38.37%
271.4M
96.6M
-11.56% -1.79%
8.56
2.81
11.02% -11.37%
46.3M
60.9M
2.66% -13.74%
-13.84
0.76
24.06% -144.92%

Bank of America Corp News

Latest updates
MarketWatch20 hours ago
WRAL News16 Apr 202410:52 am
PR Newswire16 Apr 202410:45 am

Bank of America Corp Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Revenue6.0%35,62933,62432,35428,65525,07519,62114,97512,89417,83022,76621,46622,82120,09920,33622,32622,76722,34922,80723,08423,00422,677
EBITDA Margin-13.5%0.67*0.78*0.72*0.81*0.90*1.18*1.10*1.00*0.88*0.87*0.83*0.78*---------
Interest Expenses-3.0%13,94614,37914,15814,44814,68113,76512,44411,57211,41011,09410,23310,19710,25310,12910,84812,13012,14012,18712,18912,37512,504
Income Taxes-106.8%-20.002936269287651,2196458128051,259-1,1821,116649-3352665211,1751,0821,6111,4561,420
Earnings Before Taxes-61.4%3,1248,0958,0349,0897,8978,3016,8927,8797,8188,9508,0429,1666,1194,5463,7994,5318,1696,8598,9598,7678,698
EBT Margin-21.3%0.22*0.28*0.26*0.29*0.33*0.44*0.43*0.41*0.38*0.37*0.33*0.28*---------
Net Income-59.7%3,1447,8027,4088,1617,1327,0826,2477,0677,0137,6919,2248,0505,4704,8813,5334,0106,9945,7777,3487,3117,278
Net Income Margin-20.1%0.20*0.25*0.23*0.26*0.29*0.39*0.39*0.39*0.36*0.35*0.33*0.26*---------
Free Cashflow178.0%32,72411,77211,786-11,30030,99813,154-5,049-45,43044,6519,795-9,311-52,328---------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q3
Assets0.9%63,70863,15362,39474,80063,28463,87666,94867,41865,88767,20863,34765,75562,74866,63666,71267,94767,74172,21573,65167,06075,388
    Cash Equivalents-5.8%351,726373,553376,218230,203204,976198,002273,934348,221279,854260,030326,101380,463301,006289,346250,390161,560157,094171,394171,623177,404184,858
  Net PPE1.1%11,82111,68811,70811,51011,11711,01610,82010,83310,68410,74710,80311,00010,90210,79010,79210,56110,49310,42610,2519,9069,680
  Goodwill0%69,02169,02169,02269,02269,02269,02269,02269,02269,02369,02368,95168,95168,95168,95168,95168,95168,95168,95168,95168,95168,951
  Long Term Debt1.5%290,359286,073283,873275,9823,000275,697278,710280,117278,621274,604251,211262,934255,723261,638256,712240,856243,405238,011233,929229,392234,100
Shareholder's Equity1.3%287,064283,319280,196273,197269,524269,118266,617270,066272,464277,119274,000272,924268,850265,637264,918264,810268,387271,408267,010265,325262,158
  Retained Earnings2.5%223,749218,397213,062207,003201,957197,159192,929188,064183,007177,499170,082164,088160,447157,578155,866156,319151,183147,577141,888136,314130,747
Shares Outstanding-0.4%7,9237,9547,9727,9978,1088,1228,1378,4938,4318,6218,700----------
Float-100.0%-228,188---250,136---349,925---205,772---270,935---
Cashflow (Last 12 Months)
(In Millions)
Cashflow (Quarterly)
(In Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Cashflow From Operations178.0%32,72411,77211,786-11,30030,99813,154-5,049-45,43044,6519,795-9,311-52,32854,594-32,638-3,00619,04359,103-5,702-6,72515,101-13,922
  Share Based Compensation23.8%728588832794627704792739737568610853434520534543479510481504406
Cashflow From Investing-7.1%-64,183-59,93457,88430,84614,38034,76116,738-68,408-58,907-32,698-108,606-113,080-53,88254,977-88,349-90,411-43,279-30,133-2,451-4,767-24,317
Cashflow From Financing-59.1%11,29127,628-71,695126,121-24,385-37,889-84,65140,88683,04043,66351,320113,62777,938-12,398129,132161,147-11,86622,8287,923-15,50830,556
  Buy Backs-18.9%8111,0005502,2159984509752,6507,5339,9144,2093,4702631142866,3627,7487,6266,5076,2635,231

BAC Income Statement

2023-12-31
Consolidated Statement of Income - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Net interest income   
Interest income$ 130,262$ 72,565$ 47,672
Interest expense73,33120,1034,738
Net interest income56,93152,46242,934
Noninterest income   
Fees and commissions32,00933,21239,299
Market making and similar activities12,73212,0758,691
Other income(3,091)(2,799)(1,811)
Total noninterest income41,65042,48846,179
Total revenue, net of interest expense98,58194,95089,113
Provision for credit losses4,3942,543(4,594)
Noninterest expense   
Compensation and benefits38,33036,44736,140
Occupancy and equipment7,1647,0717,138
Information processing and communications6,7076,2795,769
Product delivery and transaction related3,6083,6533,881
Professional fees2,1592,1421,775
Marketing1,9271,8251,939
Other general operating5,9504,0213,089
Total noninterest expense65,84561,43859,731
Income before income taxes28,34230,96933,976
Income tax expense1,8273,4411,998
Net income26,51527,52831,978
Preferred stock dividends and other1,6491,5131,421
Net income applicable to common shareholders$ 24,866$ 26,015$ 30,557
Per common share information   
Earnings (in dollars per share)$ 3.10$ 3.21$ 3.60
Diluted earnings (in dollars per share)$ 3.08$ 3.19$ 3.57
Average common shares issued and outstanding (in shares)8,028.68,113.78,493.3
Average diluted common shares issued and outstanding (in shares)8,080.58,167.58,558.4

BAC Balance Sheet

2023-12-31
Consolidated Balance Sheet - USD ($)
$ in Millions
Dec. 31, 2023
Dec. 31, 2022
Assets  
Cash and due from banks$ 27,892$ 30,334
Interest-bearing deposits with the Federal Reserve, non-U.S. central banks and other banks305,181199,869
Cash and cash equivalents333,073230,203
Time deposits placed and other short-term investments8,3467,259
Federal funds sold and securities borrowed or purchased under agreements to resell (includes $133,053 and $146,999 measured at fair value)280,624267,574
Trading account assets (includes $130,815 and $115,505 pledged as collateral)277,354296,108
Derivative assets39,32348,642
Debt securities:  
Carried at fair value276,852229,994
Held-to-maturity, at cost (fair value $496,597 and $524,267)594,555632,825
Total debt securities871,407862,819
Loans and leases (includes $3,569 and $5,771 measured at fair value)1,053,7321,045,747
Allowance for loan and lease losses(13,342)(12,682)
Loans and leases, net of allowance1,040,3901,033,065
Premises and equipment, net11,85511,510
Goodwill69,02169,022
Loans held-for-sale (includes $2,059 and $1,115 measured at fair value)6,0026,871
Customer and other receivables81,88167,543
Other assets (includes $11,861 and $9,594 measured at fair value)160,875150,759
Total assets3,180,1513,051,375
Deposits in U.S. offices:  
Noninterest-bearing530,619640,745
Interest-bearing (includes $284 and $311 measured at fair value)1,273,9041,182,590
Deposits in non-U.S. offices:  
Noninterest-bearing16,42720,480
Interest-bearing102,87786,526
Total deposits1,923,8271,930,341
Federal funds purchased and securities loaned or sold under agreements to repurchase (includes $178,609 and $151,708 measured at fair value)283,887195,635
Trading account liabilities95,53080,399
Derivative liabilities43,43244,816
Short-term borrowings (includes $4,690 and $832 measured at fair value)32,09826,932
Accrued expenses and other liabilities (includes $11,473 and $9,752 measured at fair value and $1,209 and $1,540 of reserve for unfunded lending commitments)207,527224,073
Long-term debt (includes $42,809 and $33,070 measured at fair value)302,204275,982
Total liabilities2,888,5052,778,178
Commitments and contingencies (Note 6 – Securitizations and Other Variable Interest Entities and Note 12 – 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 – 7,895,457,665 and 7,996,777,943 shares56,36558,953
Retained earnings224,672207,003
Accumulated other comprehensive income (loss)(17,788)(21,156)
Total shareholders’ equity291,646273,197
Total liabilities and shareholders’ equity3,180,1513,051,375
Consolidated VIEs  
Assets  
Trading account assets (includes $130,815 and $115,505 pledged as collateral)6,0542,816
Debt securities:  
Loans and leases (includes $3,569 and $5,771 measured at fair value)18,27616,738
Allowance for loan and lease losses(826)(797)
Loans and leases, net of allowance17,45015,941
Other assets (includes $11,861 and $9,594 measured at fair value)269116
Total assets23,77318,873
Deposits in non-U.S. offices:  
Short-term borrowings (includes $4,690 and $832 measured at fair value)2,95742
Long-term debt (includes $42,809 and $33,070 measured at fair value)8,4564,581
All other liabilities (includes $19 and $13 of non-recourse liabilities)1913
Total liabilities$ 11,432$ 4,636
BAC
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. The company was founded in 1784 and is based in Charlotte, North Carolina.
 CEO
 WEBSITEbankofamerica.com
 INDUSTRYBanks Diversified
 EMPLOYEES65535

Bank of America Corp Frequently Asked Questions


What is the ticker symbol for Bank of America Corp? What does BAC stand for in stocks?

BAC is the stock ticker symbol of Bank of America Corp. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Bank of America Corp (BAC)?

As of Fri Apr 19 2024, market cap of Bank of America Corp is 291.05 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of BAC stock?

You can check BAC's fair value in chart for subscribers.

What is the fair value of BAC stock?

You can check BAC's fair value in chart for subscribers. The fair value of Bank of America Corp is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Bank of America Corp is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for BAC so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Bank of America Corp a good stock to buy?

The fair value guage provides a quick view whether BAC is over valued or under valued. Whether Bank of America Corp is cheap or expensive depends on the assumptions which impact Bank of America Corp's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for BAC.

What is Bank of America Corp's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri Apr 19 2024, BAC's PE ratio (Price to Earnings) is 10.98 and Price to Sales (PS) ratio is 2.23. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. BAC PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Bank of America Corp's stock?

In the past 10 years, Bank of America Corp has provided 0.104 (multiply by 100 for percentage) rate of return.