Bank of America Corporation (BAC)
NYSE: BAC · IEX Real-Time Price · USD
42.31
-0.59 (-1.38%)
Jul 22, 2024, 3:17 PM EDT - Market open

Bank of America Statistics

Total Valuation

BAC has a market cap or net worth of $334.56 billion. The enterprise value is $362.10 billion.

Market Cap 334.56B
Enterprise Value 362.10B

Important Dates

The last earnings date was Tuesday, July 16, 2024, before market open.

Earnings Date Jul 16, 2024
Ex-Dividend Date Jun 7, 2024

Share Statistics

BAC has 7.82 billion shares outstanding. The number of shares has decreased by -1.84% in one year.

Shares Outstanding 7.82B
Shares Change (YoY) -1.84%
Shares Change (QoQ) +2.16%
Owned by Insiders (%) 13.29%
Owned by Institutions (%) 60.14%
Float 7.75B

Valuation Ratios

The trailing PE ratio is 14.65 and the forward PE ratio is 12.88. BAC's PEG ratio is 3.69.

PE Ratio 14.65
Forward PE 12.88
PS Ratio 3.41
Forward PS 3.25
PB Ratio 1.14
P/FCF Ratio 8.21
PEG Ratio 3.69
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 12.66, with an EV/FCF ratio of 8.89.

EV / Earnings 15.51
EV / Sales 3.69
EV / EBITDA 12.66
EV / EBIT 13.66
EV / FCF 8.89

Financial Position

Current Ratio n/a
Quick Ratio n/a
Debt / Equity 2.27
Debt / EBITDA 23.24
Debt / FCF 16.32
Interest Coverage n/a

Financial Efficiency

Return on equity (ROE) is 8.10% and return on invested capital (ROIC) is 3.08%.

Return on Equity (ROE) 8.10%
Return on Assets (ROA) 0.70%
Return on Capital (ROIC) 3.08%
Revenue Per Employee $460,756
Profits Per Employee $109,634
Employee Count 213,000
Asset Turnover 0.03
Inventory Turnover n/a

Taxes

In the past 12 months, BAC has paid $1.49 billion in taxes.

Income Tax 1.49B
Effective Tax Rate 5.99%

Stock Price Statistics

The stock price has increased by +29.39% in the last 52 weeks. The beta is 1.36, so BAC's price volatility has been higher than the market average.

Beta (5Y) 1.36
52-Week Price Change +29.39%
50-Day Moving Average 40.08
200-Day Moving Average 34.59
Relative Strength Index (RSI) 58.19
Average Volume (20 Days) 37,117,977

Short Selling Information

The latest short interest is 67.40 million, so 0.86% of the outstanding shares have been sold short.

Short Interest 67.40M
Short Previous Month 72.31M
Short % of Shares Out 0.86%
Short % of Float 0.87%
Short Ratio (days to cover) 1.79

Income Statement

In the last 12 months, BAC had revenue of $98.14 billion and earned $23.35 billion in profits. Earnings per share was $2.90.

Revenue 98.14B
Gross Profit 98.14B
Operating Income 31.30B
Pretax Income 26.52B
Net Income 23.35B
EBITDA 28.61B
EBIT 26.52B
Earnings Per Share (EPS) $2.90
Full Income Statement

Balance Sheet

The company has $637.36 billion in cash and $664.90 billion in debt, giving a net cash position of -$27.54 billion or -$3.52 per share.

Cash & Cash Equivalents 637.36B
Total Debt 664.90B
Net Cash -27.54B
Net Cash Per Share -$3.52
Equity (Book Value) 293.55B
Book Value Per Share 37.54
Working Capital n/a
Full Balance Sheet

Cash Flow

Operating Cash Flow 40.74B
Capital Expenditures n/a
Free Cash Flow 40.74B
FCF Per Share $5.11
Full Cash Flow Statement

Margins

Gross margin is 100.00%, with operating and profit margins of 31.89% and 23.79%.

Gross Margin 100.00%
Operating Margin 31.89%
Pretax Margin 27.02%
Profit Margin 23.79%
EBITDA Margin 29.15%
EBIT Margin 27.02%
FCF Margin 41.51%

Dividends & Yields

This stock pays an annual dividend of $0.96, which amounts to a dividend yield of 2.28%.

Dividend Per Share $0.96
Dividend Yield 2.28%
Dividend Growth (YoY) 9.09%
Years of Dividend Growth 10
Payout Ratio 33.10%
Buyback Yield 1.84%
Shareholder Yield 4.12%
Earnings Yield 6.98%
FCF Yield 12.18%
Dividend Details

Analyst Forecast

The average price target for BAC is $42.23, which is -0.12% lower than the current price. The consensus rating is "Buy".

Price Target $42.23
Price Target Difference -0.12%
Analyst Consensus Buy
Analyst Count 20
Revenue Growth Forecast (5Y) 3.23%
EPS Growth Forecast (5Y) 3.20%
Stock Forecasts

Stock Splits

The last stock split was on August 30, 2004. It was a forward split with a ratio of 2:1.

Last Split Date Aug 30, 2004
Split Type Forward
Split Ratio 2:1

Scores

Altman Z-Score n/a
Piotroski F-Score 5