BAC Bank of America Corp

Price (delayed)

$23.29

Market cap

$202.05B

P/E Ratio

9.43

Dividend/share

$0.72

EPS

$2.47

Enterprise value

$94.29B

Business Summary

Sector: Financial Services
Industry: Banks - Diversified
Bank of America Corp. is a bank and financial holding company, which engages in the provision of banking and nonbank financial services. It operates through the following segments: Consumer Banking, Global Wealth and Investment Management, Global Banking, Global Markets, and All Other. The Consumer Banking segment offers credit, banking, and investment products and services to consumers and small businesses. The Global Wealth and Investment Management provides client experience through a network of financial advisors focused on to meet their needs through a full set of investment management, brokerage, banking, and retirement products. The Global Banking segment deals with lending-related products and services, integrated working capital management and treasury solutions to clients, and underwriting and advisory services. The Global Markets segment includes sales and trading services, as well as research, to institutional clients across fixed-income, credit, currency, commodity, and equity businesses. The All Other segment consists of asset and liability management activities, equity investments, non-core mortgage loans and servicing activities, the net impact of periodic revisions to the mortgage servicing rights (MSR) valuation model for both core and non-core MSRs, other liquidating businesses, residual expense allocations and other. The company was founded by Amadeo Peter Giannini in 1904 is headquartered in Charlotte, NC.

Highlights

The P/E is 23% less than the 5-year quarterly average of 12.2 and 10% less than the last 4 quarters average of 10.5
BAC's net income is down by 16% year-on-year and by 12% since the previous quarter
Bank Of America Corp's EPS has decreased by 11% from the previous quarter and by 10% YoY

Key stats

Shares outstanding
8.68B
Market cap
$202.05B
Enterprise value
$94.29B
EBIT
$28.52B
EBITDA
$30.26B
Price to earnings (P/E)
9.43
Price to book (P/B)
0.77
Price to sales (P/S)
2.26
EV/EBIT
3.31
EV/EBITDA
3.12
Net debt/EBITDA
-3.56
EV/Sales
1.04
EBITDA margin
33.3%
Gross margin
100%
Net margin
26.5%
Operating margin
39.4%
Return on assets
0.9%
Return on equity
8.5%
Return on invested capital
1.2%
Return on capital employed
N/A
Return on sales
31.3%
Debt to equity
1.72
Free cash flow
$65.72B
Free cash flow per share
$7.45
Book value per share
$30.35
Revenue per share
$10.32
TBVPS
$289.37
Current ratio
N/A
Quick ratio
N/A
Working capital
N/A
Dividend yield
3.09%
DPS
$0.72
Payout ratio
29.1%

BAC stock price

Financial performance

Bank Of America Corp's net margin has decreased by 16% YoY and by 12% from the previous quarter
BAC's net income is down by 16% year-on-year and by 12% since the previous quarter
Bank Of America Corp's operating income has decreased by 7% YoY
Bank Of America Corp's operating margin has decreased by 7% YoY

Valuation

Price to earnings (P/E)
Current price to earnings (P/E):
9.43
The P/E is 23% less than the 5-year quarterly average of 12.2 and 10% less than the last 4 quarters average of 10.5
Bank Of America Corp's EPS has decreased by 11% from the previous quarter and by 10% YoY
Price to book (P/B)
Current price to book (P/B):
0.77
The P/B is 23% lower than the last 4 quarters average of 1.0 and 14% lower than the 5-year quarterly average of 0.9
Price to sales (P/S)
Current price to sales (P/S):
2.26
BAC's price to sales (P/S) is 22% lower than its last 4 quarters average of 2.9 and 16% lower than its 5-year quarterly average of 2.7

Efficiency

BAC's ROA is down by 25% YoY and by 18% QoQ
BAC's ROIC is down by 20% year-on-year and by 14% since the previous quarter
Bank Of America Corp's ROS has decreased by 19% YoY and by 13% from the previous quarter
Bank Of America Corp's ROE has decreased by 17% YoY and by 12% from the previous quarter

Dividends

DPS
$0.72
Dividend yield
3.09%
Payout ratio
29.1%

Recent dividends

Financial health

Assets vs liabilities
Bank Of America Corp's total assets is 11% more than its total liabilities
Bank Of America Corp's total liabilities has increased by 12% YoY and by 9% QoQ
Bank Of America Corp's total assets has increased by 10% YoY and by 8% from the previous quarter
Debt vs equity
Bank Of America Corp's debt is 73% more than its equity
Bank Of America Corp's debt has increased by 6% from the previous quarter and by 4.7% YoY
Bank Of America Corp's debt to equity has increased by 6% from the previous quarter and by 6% YoY

All financial data is based on trailing twelve months (TTM) periods - updated quarterly, unless otherwise specified.