Ticker
BAC

Price
38.65
Stock movement down
-0.13 (-0.34%)
Company name
Bank of America Corp
Exchange
(NYSE
,
Currency
USD
)
Sector
Financial Services >
Banks - Diversified
Market cap
302.26B
Ent value
2961.25B
Price/Sales
3.11
Price/Book
1.03
Div yield
2.69%
Div growth
11.24%
Growth years
7
FCF payout
22.71%
Trailing P/E
12.08
Forward P/E
10.77
PEG
5.12
EPS growth
3.60%
1 year return
33.83%
3 year return
-1.36%
5 year return
5.58%
10 year return
9.13%
Last updated: 2024-09-13

DIVIDENDS

Dividend yield - 5y

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Dividend yield data
Dividend per share1.04
Dividend yield2.69%
Payout frequencyQuarterly
Maximum yield3.98%
Average yield2.54%
Minimum yield1.68%
Discount to avg yield5.50%
Upside potential5.82%
Yield as % of max yield67.57%

Yield distribution (inverse percentile) - 5y

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Yield distribution data
Dividend yield2.69%
Current yield distribution36.83%
Yield at 100% (Min)1.68%
Yield at 90%1.89%
Yield at 80%2.06%
Yield at 50% (Median)2.54%
Yield at 20%3.01%
Yield at 10%3.18%
Yield at 0% (Max)3.98%

Dividend per share

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Dividend per share data
Years of growth7 years
CCC statusDividend Challenger
Dividend per share1.04
Payout frequencyQuarterly
Ex-div date6 Sep 2024
EPS (TTM)3.12
EPS (1y forward)3.59
EPS growth (5y)3.60%
EPS growth (5y forward)2.36%

Dividend growth

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Dividend growth data
BACS&P500
DGR MR8.33%10.29%
DGR TTM8.89%4.92%
DGR 3 years8.51%5.24%
DGR 5 years11.24%5.40%
DGR 10 years36.83%7.07%
DGR 15 years-5.76%6.12%
Time since last change announced113 days
EPS growth (5y)3.60%
EPS growth (5y forward)2.36%

Payout ratio

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Payout ratio data
EPS coverageFCF coverage
TTM36.97%22.71%
Average39.54%22.60%
Forward28.97%-

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VALUATION

Valuation Ratios

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Valuation Ratios data
Trailing P/E12.08
Price to OCF7.42
Price to FCF7.42
Price to EBITDA6.60
EV to EBITDA64.69

Valuation (Sales/Book Value)

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Valuation (Sales/Book Value) data
Price to Sales3.11
Price to Book1.03
EV to Sales30.52

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FINANCIALS

Per share

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Per share data
Current share count7.82B
EPS (TTM)3.12
FCF per share (TTM)5.07

Income statement

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Income statement data
Revenue (TTM)97.04B
Gross profit (TTM)58.82B
Operating income (TTM)44.71B
Net income (TTM)25.03B
EPS (TTM)3.12
EPS (1y forward)3.59

Margins

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Margins data
Gross margin (TTM)60.62%
Operating margin (TTM)46.08%
Profit margin (TTM)25.79%

Balance Sheet

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Balance Sheet data
Cash321.26B
Net receivables100.85B
Total current assets1041.63B
Goodwill69.02B
Intangible assets0.00
Property, plant and equipment0.00
Total assets3273.80B
Accounts payable0.00
Short/Current long term debt664.90B
Total current liabilities1024.36B
Total liabilities2980.25B
Shareholder's equity293.55B
Net tangible assets0.00

Cash flow

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Cash flow data
Operating cash flow (TTM)40.74B
Capital expenditures (TTM)0.00
Free cash flow (TTM)40.74B
Dividends paid (TTM)9.25B

Financial returns

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Financial returns data
Return on Equity8.53%
Return on Assets0.76%
Return on Invested Capital2.61%
Cash Return on Invested Capital4.25%

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STOCK INFORMATION

Stock chart

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Stock price data
Open38.88
Daily high39.09
Daily low38.44
Daily Volume31.9M
All-time high54.90
1y analyst estimate40.41
Beta1.36
EPS (TTM)3.12
Dividend per share1.04
Ex-div date6 Sep 2024
Next earnings date15 Oct 2024

Downside potential

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Downside potential data
BACS&P500
Current price drop from All-time high-29.60%-0.50%
Highest price drop-94.28%-56.47%
Date of highest drop6 Mar 20099 Mar 2009
Avg drop from high-36.23%-11.22%
Avg time to new high54 days12 days
Max time to new high4485 days1805 days
COMPANY DETAILS
BAC (Bank of America Corp) company logo
Marketcap
302.26B
Marketcap category
Large-cap
Description
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. It operates in four segments: Consumer Banking, Global Wealth & Investment Management (GWIM), Global Banking, and Global Markets. The Consumer Banking segment offers traditional and money market savings accounts, certificates of deposit and IRAs, non-interest and interest-bearing checking accounts, and investment accounts and products; credit and debit cards; residential mortgages, and home equity loans; and direct and indirect loans, such as automotive, recreational vehicle, and consumer personal loans. The GWIM segment provides investment management, brokerage, banking, and trust and retirement products and services; wealth management solutions; and customized solutions, including specialty asset management services. The Global Banking segment offers 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, short-term investing options, and merchant services; working capital management solutions; debt and equity underwriting and distribution, and merger-related and other advisory services; and fixed-income and equity research, and certain market-based services. The Global Markets segment provides market-making, financing, securities clearing, settlement, and custody services; securities and derivative products; and risk management products using interest rate, equity, credit, currency and commodity derivatives, foreign exchange, fixed-income, and mortgage-related products. Bank of America Corporation was founded in 1784 and is based in Charlotte, North Carolina.
Employees
212000
SEC filings
CEO
Brian Moynihan
Country
USA
City
Charlotte
Stock type
Common stock
CCC status
Dividend Challenger
Dividend Frequency
Quarterly
EVENTS AND PRESENTATIONS
EventsPresentations
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UNDERSTAND THE BUSINESS
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