Bank of America Corporation (BAC)
Stock Price Chart
Stock Quote
| Trading Day | May 26, 2020 |
| Last Price | $24.17 |
| Change ($) | 1.51 |
| Change (%) | 6.64% |
| Previous Close | 22.66 |
| Day's Open | 23.80 (5.03%) |
| Day's Range | 23.67 - 24.60 |
| Day's Volume | 96,737,024 |
| 52-Week Range | 17.95 - 35.72 |
Key Info
| Market Cap | 209.65B |
| Revenue (ttm) | 81.60B |
| Net Income (ttm) | 24.13B |
| Shares Out | 8.68B |
| EPS (ttm) | 2.46 |
| PE Ratio | 9.82 |
| Forward PE | 15.08 |
| Dividend | $0.72 |
| Dividend Yield | 2.98% |
Key Stats and Metrics
| Market Cap | 209.65B |
| Enterprise Value | 101.88B |
| Earnings Date (est) | Jul 16, 2020 |
| Ex-Dividend Date | Mar 5, 2020 |
| Shares Outstanding | 8.68B |
| Float | 8.65B |
| EPS (basic) | 2.47 |
| EPS (diluted) | 2.46 |
| FCF / Share | 7.46 |
| Dividend | $0.72 |
| Dividend Yield | 2.98% |
| Earnings Yield | 10.18% |
| FCF Yield | 31.35% |
| Payout Ratio | 27.90% |
| Shares Short | 111.07M |
| Short Ratio | 1.41 |
| Short % of Float | 1.44% |
| Beta | 1.61 |
| PE Ratio | 9.82 |
| Forward PE | 15.08 |
| P/FCF Ratio | 3.19 |
| PS Ratio | 2.57 |
| PB Ratio | 0.81 |
| Revenue | 81.60B |
| Operating Income | 35.86B |
| Net Income | 24.13B |
| Free Cash Flow | 65.72B |
| Net Cash | 107.77B |
| Net Cash / Share | 12.42 |
| Gross Margin | 104.88% |
| Operating Margin | 43.94% |
| Profit Margin | 24.90% |
| FCF Margin | 80.54% |
| ROA | 0.97% |
| ROE | 9.07% |
| ROIC | 1.20% |
Stock Analysis Summary
Analyst Consensus: Buy
Financial Performance
Financial Overview
| Year | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 91,244 | 91,020 | 87,126 | 83,701 | 82,965 | 85,894 | 88,942 | 83,334 | 93,454 | 110,220 |
| Revenue Growth | 0.25% | 4.47% | 4.09% | 0.89% | -3.41% | -3.43% | 6.73% | -10.83% | -15.21% | - |
| Gross Profit | 91,244 | 91,020 | 87,126 | 83,701 | 82,965 | 85,894 | 88,942 | 83,334 | 93,454 | 110,220 |
| Operating Income | 36,344 | 37,866 | 32,609 | 28,618 | 25,348 | 10,238 | 19,728 | 11,241 | 13,180 | 27,112 |
| Net Income | 27,430 | 28,147 | 18,232 | 17,822 | 15,910 | 5,520 | 11,431 | 4,188 | 1,446 | -2,238 |
| Shares Outstanding | 9,391 | 10,097 | 10,196 | 10,284 | 10,462 | 10,528 | 10,731 | 10,746 | 10,143 | 9,790 |
| Earnings Per Share | 2.75 | 2.61 | 1.56 | 1.49 | 1.31 | 0.42 | 0.90 | 0.25 | 0.01 | -0.37 |
| EPS Growth | 5.36% | 67.31% | 4.7% | 13.74% | 211.9% | -53.33% | 260% | 2400% | - | - |
| Dividend Per Share | 0.66 | 0.54 | 0.39 | 0.25 | 0.20 | 0.12 | 0.04 | 0.04 | 0.04 | 0.04 |
| Dividend Growth | 22.22% | 38.46% | 56% | 25% | 66.67% | 200% | 0% | 0% | 0% | - |
| Operating Cash Flow | 61,777 | 39,520 | 9,864 | 17,277 | 28,397 | 30,795 | 92,817 | -16,056 | 64,448 | 82,541 |
| Capital Expenditures | - | - | - | - | - | - | - | 5.00 | -1,307 | -987 |
| Free Cash Flow | 61,777 | 39,520 | 9,864 | 17,277 | 28,397 | 30,795 | 92,817 | -16,051 | 63,141 | 81,554 |
| Cash & Equivalents | 443,264 | 446,029 | 381,334 | 355,823 | 359,579 | 337,922 | 333,190 | 349,370 | 357,289 | 344,476 |
| Total Debt | 430,169 | 436,569 | 436,933 | 411,058 | 439,153 | 475,588 | 493,779 | 599,575 | 622,827 | 753,752 |
| Net Cash / Debt | 13,095 | 9,460 | -55,599 | -55,235 | -79,574 | -137,666 | -160,589 | -250,205 | -265,538 | -409,276 |
| Assets | 2,434,079 | 2,354,507 | 2,281,234 | 2,188,067 | 2,144,287 | 2,104,534 | 2,102,273 | 2,209,974 | 2,129,046 | 2,264,909 |
| Liabilities | 2,169,269 | 2,089,182 | 2,014,088 | 1,921,872 | 1,888,111 | 1,861,063 | 1,869,588 | 1,973,018 | 1,898,945 | 2,036,661 |
| Book Value | 264,810 | 265,325 | 267,146 | 266,195 | 256,176 | 243,471 | 232,685 | 236,956 | 230,101 | 228,248 |
Company Profile
Company Details
| Full Name | Bank of America Corporation |
| Country | United States |
| Employees | 209,000 |
| CEO | Brian T. Moynihan |
Stock Information
| Ticker Symbol | BAC |
| Stock Exchange | New York Stock Exchange |
| Sector | Financial Services |
| Industry | Banks—Diversified |
| Unique Identifier | NYSE: BAC |
| IPO Date | May 29, 1986 |
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 Consumer Banking, Global Wealth & Investment Management (GWIM), Global Banking, and Global Markets segments. The Consumer Banking segment offers traditional and money market savings accounts, CDs 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 GWIM segment offers investment management, brokerage, banking, and trust and retirement products; and wealth management solutions, as well as customized solutions, including specialty asset management services. The Global Banking segment provides lending products and services, including commercial loans, leases, commitment facilities, trade finance, and real estate and asset-based lending; treasury solutions, such as treasury management, foreign exchange, and short-term investing options; working capital management solutions; and debt and equity underwriting and distribution, and merger-related and other advisory services. The Global Markets segment offers market-making, financing, securities clearing, settlement, and custody services, as well as risk management, fixed-income, and mortgage-related products. As of May 7, 2020, it served approximately 66 million consumer and small business clients with approximately 4,300 retail financial centers; approximately 16,900 ATMs; and digital banking platforms with approximately 39 million active users. Bank of America Corporation was founded in 1784 and is headquartered in Charlotte, North Carolina.