Bank of America Corp. (BAC): Price and Financial Metrics


Bank of America Corp. (BAC): $32.76

-0.24 (-0.73%)

POWR Rating

Component Grades

Growth

S

Value

I

Momentum

G

Stability

N

Sentiment

U

Quality

P

BAC POWR Grades

  • Momentum is the dimension where BAC ranks best; there it ranks ahead of 87.36% of US stocks.
  • The strongest trend for BAC is in Quality, which has been heading up over the past 177 days.
  • BAC ranks lowest in Sentiment; there it ranks in the 18th percentile.

BAC Stock Summary

  • With a market capitalization of $276,533,239,278, BANK OF AMERICA CORP has a greater market value than 99.5% of US stocks.
  • BANK OF AMERICA CORP's stock had its IPO on May 29, 1986, making it an older stock than 93.36% of US equities in our set.
  • Equity multiplier, or assets relative to shareholders' equity, comes in at 11.71 for BANK OF AMERICA CORP; that's greater than it is for 93.99% of US stocks.
  • If you're looking for stocks that are quantitatively similar to BANK OF AMERICA CORP, a group of peers worth examining would be KO, PEP, COST, MA, and TMO.
  • BAC's SEC filings can be seen here. And to visit BANK OF AMERICA CORP's official web site, go to www.bankofamerica.com.

BAC Valuation Summary

  • In comparison to the median Financial Services stock, BAC's price/sales ratio is 138.46% higher, now standing at 3.1.
  • Over the past 243 months, BAC's EV/EBIT ratio has gone down 5.6.

Below are key valuation metrics over time for BAC.

Stock Date P/S P/B P/E EV/EBIT
BAC 2022-12-02 3.1 1.1 11.2 10.0
BAC 2022-12-01 3.2 1.1 11.3 10.1
BAC 2022-11-30 3.3 1.1 11.7 10.4
BAC 2022-11-29 3.2 1.1 11.5 10.2
BAC 2022-11-28 3.2 1.1 11.4 10.2
BAC 2022-11-25 3.3 1.1 11.7 10.4

BAC Growth Metrics

    The 5 year net cashflow from operations growth rate now stands at 259%.
  • Its 5 year revenue growth rate is now at 8.73%.
  • Its 3 year revenue growth rate is now at -1.76%.
BAC's revenue has moved up $1,234,000,000 over the prior 33 months.

The table below shows BAC's growth in key financial areas (numbers in millions of US dollars).

Date Revenue Operating Cash Flow Net Income to Common Stock
2022-09-30 92,478 7,326 25,884
2022-06-30 90,742 3,967 26,565
2022-03-31 89,520 -295 29,597
2021-12-31 89,113 -7,193 30,557
2021-09-30 87,152 2,750 28,992
2021-06-30 84,722 -39,683 26,172

BAC's Quality Factors

The “Quality” component of the POWR Ratings focuses on 31 different factors of a companies fundamentals and operational strength. Here are some key insights as we drill into the specifics of these quality attributes.
  • BAC has a Quality Grade of C, ranking ahead of 27.67% of graded US stocks.
  • BAC's asset turnover comes in at 0.029 -- ranking 388th of 428 Banking stocks.
  • PNC, UBFO, and GCBC are the stocks whose asset turnover ratios are most correlated with BAC.

The table below shows BAC's key quality metrics over time.

Period Asset Turnover Gross Margin ROIC
2021-09-30 0.029 1 0.012
2021-06-30 0.029 1 0.010
2021-03-31 0.030 1 0.009
2020-12-31 0.031 1 0.008
2020-09-30 0.033 1 0.009
2020-06-30 0.035 1 0.010

BAC Price Target

For more insight on analysts targets of BAC, see our BAC price target page. And for a list of of all stocks sorted by upside potential based on analyst target price, see our Top Price Target page.

Average Price Target $44.09 Average Broker Recommendation 1.69 (Moderate Buy)

BAC Stock Price Chart Interactive Chart >

Price chart for BAC

BAC Price/Volume Stats

Current price $32.76 52-week high $50.11
Prev. close $33.00 52-week low $29.31
Day low $32.35 Volume 33,852,156
Day high $32.92 Avg. volume 47,095,328
50-day MA $34.85 Dividend yield 2.67%
200-day MA $35.84 Market Cap 262.81B

Bank of America Corp. (BAC) Company Bio


Bank of America is a financial institution founded in 1784. Bank of America is considered to be one of the ‘big four’ U.S. banks, along with JPMorgan Chase & Co., Wells Fargo & Company, and Citigroup, Inc.  Bank of America serves individual consumers, small and middle-market businesses, and large corporations with a full range of banking, investing, asset management and other financial and risk management products and services. The company has operations across the United States, its territories and approximately 35 countries worldwide.


BAC Latest News Stream


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Latest BAC News From Around the Web

Below are the latest news stories about BANK OF AMERICA CORP that investors may wish to consider to help them evaluate BAC as an investment opportunity.

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TalkMarkets.com | December 5, 2022

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Alex Sirois on InvestorPlace | December 5, 2022

Bank of America Announces Redemption of 3.004% Fixed/Floating Rate Senior Notes Due December 2023

Bank of America Corporation announced today that it will redeem on December 20, 2022 all $6,000,000,000 principal amount outstanding of its 3.004% Fixed/Floating Rate Senior Notes, due 2023 (CUSIP Nos. 06051GHC6, 06051GGV5 and U0R8A1AA5) (the "Notes").

Yahoo | December 5, 2022

Bank of America Corporation's (NYSE:BAC) recent 4.3% pullback adds to one-year year losses, institutional owners may take drastic measures

To get a sense of who is truly in control of Bank of America Corporation ( NYSE:BAC ), it is important to understand...

Yahoo | December 4, 2022

Bank of America CEO Is Hopeful That an Upcoming Recession Will Be Mild

In a recent CNN interview, Moynihan acknowledged that while a recession is possible in the new year, he's hopeful it will be brief and mild. You may need to raid your savings account to pay your bills if a recession hits and you lose your job as a result.

Yahoo | December 3, 2022

Read More 'BAC' Stories Here

BAC Price Returns

1-mo -10.97%
3-mo -4.90%
6-mo 0.00%
1-year -25.02%
3-year 4.20%
5-year 25.79%
YTD -24.65%
2021 49.61%
2020 -11.63%
2019 46.19%
2018 -15.00%
2017 35.69%

BAC Dividends

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Continue Researching BAC

Want to see what other sources are saying about Bank Of America Corp's financials and stock price? Try the links below:

Bank Of America Corp (BAC) Stock Price | Nasdaq
Bank Of America Corp (BAC) Stock Quote, History and News - Yahoo Finance
Bank Of America Corp (BAC) Stock Price and Basic Information | MarketWatch

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