Ticker
BAC

Price
39.70
Stock movement up
+0.53 (1.35%)
Company name
Bank of America Corp
Exchange
(NYSE
,
Currency
USD
)
Sector
Financial Services >
Banks-Diversified
Market cap
317.57B
Ent value
2857.62B
Price/Sales
3.34
Price/Book
1.16
Div yield
2.42%
Div growth
11.24%
Growth years
7
FCF payout
19.42%
Trailing P/E
11.54
Forward P/E
10.85
PEG
4.89
EPS growth
13.72%
1 year return
41.28%
3 year return
-2.35%
5 year return
7.42%
10 year return
10.51%
Last updated: 2024-05-24

DIVIDENDS

Dividend yield - 5y

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Dividend yield data
Dividend per share0.96
Dividend yield2.42%
Payout frequencyQuarterly
Maximum yield3.98%
Average yield2.54%
Minimum yield1.68%
Discount to avg yield-5.14%
Upside potential-4.89%
Yield as % of max yield60.72%

Yield distribution (inverse percentile) - 5y

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Yield distribution data
Dividend yield2.42%
Current yield distribution60.24%
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 share0.96
Payout frequencyQuarterly
Ex-div date7 Jun 2024
EPS (TTM)3.38
EPS (1y forward)3.66
EPS growth (5y)13.72%
EPS growth (5y forward)2.36%

Dividend growth

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Dividend growth data
BACS&P500
DGR MR9.09%-16.32%
DGR TTM9.09%4.05%
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 announced313 days
EPS growth (5y)13.72%
EPS growth (5y forward)2.36%

Payout ratio

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Payout ratio data
EPS coverageFCF coverage
TTM31.15%19.42%
Average39.78%22.78%
Forward26.23%-

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VALUATION

Valuation Ratios

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Valuation Ratios data
Trailing P/E11.54
Price to OCF-
Price to FCF7.19
Price to EBITDA9.50
EV to EBITDA85.45

Valuation (Sales/Book Value)

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Valuation (Sales/Book Value) data
Price to Sales3.34
Price to Book1.16
EV to Sales30.10

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FINANCIALS

Per share

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Per share data
Current share count8.00B
EPS (TTM)3.38
FCF per share (TTM)5.41

Income statement

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Income statement data
Revenue (TTM)94.95B
Gross profit (TTM)76.55B
Operating income (TTM)4.50B
Net income (TTM)27.53B
EPS (TTM)3.38
EPS (1y forward)3.66

Margins

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Margins data
Gross margin (TTM)80.62%
Operating margin (TTM)4.74%
Profit margin (TTM)28.99%

Balance Sheet

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Balance Sheet data
Cash237.46B
Net receivables81.02B
Total current assets1160.57B
Goodwill69.02B
Intangible assets2.10B
Property, plant and equipment0.00
Total assets3050.71B
Accounts payable224.07B
Short/Current long term debt302.91B
Total current liabilities2181.35B
Total liabilities2777.51B
Shareholder's equity273.20B
Net tangible assets204.18B

Cash flow

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Cash flow data
Operating cash flow (TTM)-6.33B
Capital expenditures (TTM)0.00
Free cash flow (TTM)44.15B
Dividends paid (TTM)8.58B

Financial returns

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Financial returns data
Return on Equity10.08%
Return on Assets0.90%
Return on Invested Capital4.78%
Cash Return on Invested Capital7.66%

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STOCK INFORMATION

Stock chart

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Stock price data
Open39.16
Daily high39.78
Daily low39.07
Daily Volume22.2M
All-time high54.90
1y analyst estimate39.99
Beta1.41
EPS (TTM)3.38
Dividend per share0.96
Ex-div date7 Jun 2024
Next earnings date16 Jul 2024

Downside potential

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Downside potential data
BACS&P500
Current price drop from All-time high-27.69%-0.36%
Highest price drop-94.28%-56.47%
Date of highest drop6 Mar 20099 Mar 2009
Avg drop from high-36.31%-11.31%
Avg time to new high53 days13 days
Max time to new high4409 days1805 days

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COMPANY DETAILS
BAC (Bank of America Corp) company logo
Marketcap
317.57B
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. 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.
Employees
217000
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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