BAC Bank of America Corp

Price (delayed)

$26.35

Market cap

$228.3B

P/E Ratio

12.55

Dividend/share

$0.72

EPS

$2.1

Enterprise value

-$59.64B

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

BAC's net income is down by 30% year-on-year and by 16% since the previous quarter
Bank Of America's EPS has decreased by 26% YoY and by 15% from the previous quarter

Key stats

What are the main financial stats of BAC
Market
Shares outstanding
8.66B
Market cap
$228.3B
Enterprise value
-$59.64B
Valuations
Price to earnings (P/E)
12.55
Price to book (P/B)
0.86
Price to sales (P/S)
2.55
EV/EBIT
-2.55
EV/EBITDA
-2.37
EV/Sales
-0.66
Earnings
Revenue
$90.25B
EBIT
$23.36B
EBITDA
$25.12B
Free cash flow
$69.44B
Per share
EPS
$2.1
Free cash flow per share
$7.94
Book value per share
$30.62
Revenue per share
$10.33
TBVPS
$305.81
Balance sheet
Total assets
$2.74T
Total liabilities
$2.48T
Debt
$458.66B
Equity
$265.64B
Working capital
N/A
Liquidity
Debt to equity
1.73
Current ratio
N/A
Quick ratio
N/A
Net debt/EBITDA
-11.46
Margins
EBITDA margin
27.8%
Gross margin
100%
Net margin
22.5%
Operating margin
38.7%
Efficiency
Return on assets
0.7%
Return on equity
7.1%
Return on invested capital
1%
Return on capital employed
N/A
Return on sales
25.9%
Dividend
Dividend yield
2.73%
DPS
$0.72
Payout ratio
34.3%

BAC stock price

How has the Bank Of America stock price performed over time

Financial performance

How have Bank Of America's revenue and profit performed over time
Revenue
$90.25B
Gross profit
$90.25B
Operating income
$34.96B
Net income
$20.31B
Gross margin
100%
Net margin
22.5%
BAC's net income is down by 30% year-on-year and by 16% since the previous quarter
Bank Of America's net margin has decreased by 29% YoY and by 15% from the previous quarter
Bank Of America's operating income has decreased by 10% YoY and by 2.5% QoQ
Bank Of America's operating margin has decreased by 9% YoY

Valuation

What is Bank Of America stock price valuation
P/E
12.55
P/B
0.86
P/S
2.55
EV/EBIT
-2.55
EV/EBITDA
-2.37
EV/Sales
-0.66
Bank Of America's EPS has decreased by 26% YoY and by 15% from the previous quarter
The P/E is 16% more than the last 4 quarters average of 10.8 and 2.9% more than the 5-year quarterly average of 12.2
The P/B is 4.4% lower than the 5-year quarterly average of 0.9 and 4.4% lower than the last 4 quarters average of 0.9
The equity has contracted by 2.1% YoY
BAC's price to sales (P/S) is 6% lower than its 5-year quarterly average of 2.7 and 6% lower than its last 4 quarters average of 2.7

Efficiency

How efficient is Bank Of America business performance
BAC's ROA is down by 42% YoY and by 22% QoQ
BAC's ROIC is down by 33% year-on-year and by 17% since the previous quarter
Bank Of America's ROS has decreased by 33% YoY and by 17% from the previous quarter
Bank Of America's ROE has decreased by 32% YoY and by 17% from the previous quarter

Dividends

What is BAC's dividend history
DPS
$0.72
Dividend yield
2.73%
Payout ratio
34.3%
Recent dividends

Financial health

How did Bank Of America financials performed over time
Bank Of America's total assets is 11% more than its total liabilities
Bank Of America's total liabilities has increased by 17% YoY and by 5% QoQ
Bank Of America's total assets has increased by 14% YoY and by 4.6% from the previous quarter
Bank Of America's debt is 73% more than its equity

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