...
bac-img

Bank of America Corp, Common Stock

BAC

NYQ

$37.91

-$0.41

(-1.07%)

1D
Industry: Banks Sector: Financials

Analyst Forecast

Price Chart

Key Metrics

Market Cap info-icon
This is a company’s total value as determined by the stock market. It is calculated by multiplying the total number of a company's outstanding shares by the current market price of one share.
$298.62B
P/E Ratio info-icon
This is the ratio of a security’s current share price to its earnings per share. This ratio determines the relative value of a company’s share.
12.21
Volume info-icon
This is the total number of shares traded during the most recent trading day.
40.97M
Avg Volume info-icon
This is the average number of shares traded during the most recent 30 days.
42.83M
Dividend Yield info-icon
This ratio shows how much income you earn in dividend payouts per year for every dollar invested in the stock (or the stock’s annual dividend payment expressed as a percentage of its current price).
2.51%
Beta info-icon
This measures the expected move in a stock’s price relative to movements in the overall market. The market, such as the S&P 500 Index, has a beta of 1.0. If a stock has a Beta greater (or lower) than 1.0, it suggests that the stock is more (or less) volatile than the broader market.
1.39
52-week Range info-icon
This shows the range of the stock’s price between the 52-week high (the highest price of the stock for the past 52 weeks) and the 52-week low (the lowest price of the stock for the past 52 weeks).
$24.59 L
$38.49 H
$37.91

About Bank of America Corp, Common Stock

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. more

Industry: BanksSector: Financials

Returns

Time FrameBACSectorS&P500
1-Week Return5.98%3.24%1.21%
1-Month Return2.85%-0.34%-2.81%
3-Month Return14.34%7.18%3.9%
6-Month Return50.61%29.22%21.95%
1-Year Return35.62%28.5%26.39%
3-Year Return3.67%22.47%26.72%
5-Year Return42.62%65.83%88.05%
10-Year Return189.46%249.95%226.82%

Financials

Dec '19Dec '20Dec '21Dec '22Dec '235YR TREND
Total Revenue85.58B74.21B89.11B94.95B98.58B[{"date":"2019-12-31","value":86.81,"profit":true},{"date":"2020-12-31","value":75.28,"profit":true},{"date":"2021-12-31","value":90.4,"profit":true},{"date":"2022-12-31","value":96.32,"profit":true},{"date":"2023-12-31","value":100,"profit":true}]
Cost of Revenue--(4.59B)2.54B4.39B[{"date":"2019-12-31","value":"-","profit":true},{"date":"2020-12-31","value":"-","profit":true},{"date":"2021-12-31","value":-104.55,"profit":false},{"date":"2022-12-31","value":57.87,"profit":true},{"date":"2023-12-31","value":100,"profit":true}]
Gross Profit85.58B74.21B93.71B92.41B94.19B[{"date":"2019-12-31","value":90.86,"profit":true},{"date":"2020-12-31","value":78.79,"profit":true},{"date":"2021-12-31","value":99.49,"profit":true},{"date":"2022-12-31","value":98.11,"profit":true},{"date":"2023-12-31","value":100,"profit":true}]
Gross Margin100.00%100.00%105.16%97.32%95.54%[{"date":"2019-12-31","value":95.1,"profit":true},{"date":"2020-12-31","value":95.1,"profit":true},{"date":"2021-12-31","value":100,"profit":true},{"date":"2022-12-31","value":92.55,"profit":true},{"date":"2023-12-31","value":90.86,"profit":true}]
Operating Expenses52.83B55.21B59.73B61.44B65.84B[{"date":"2019-12-31","value":80.23,"profit":true},{"date":"2020-12-31","value":83.85,"profit":true},{"date":"2021-12-31","value":90.71,"profit":true},{"date":"2022-12-31","value":93.31,"profit":true},{"date":"2023-12-31","value":100,"profit":true}]
Operating Income32.75B19.00B33.98B30.97B28.34B[{"date":"2019-12-31","value":96.4,"profit":true},{"date":"2020-12-31","value":55.91,"profit":true},{"date":"2021-12-31","value":100,"profit":true},{"date":"2022-12-31","value":91.15,"profit":true},{"date":"2023-12-31","value":83.42,"profit":true}]
Total Non-Operating Income/Expense81.64B62.35B76.91B83.43B85.27B[{"date":"2019-12-31","value":95.75,"profit":true},{"date":"2020-12-31","value":73.12,"profit":true},{"date":"2021-12-31","value":90.19,"profit":true},{"date":"2022-12-31","value":97.84,"profit":true},{"date":"2023-12-31","value":100,"profit":true}]
Pre-Tax Income32.75B19.00B33.98B30.97B28.34B[{"date":"2019-12-31","value":96.4,"profit":true},{"date":"2020-12-31","value":55.91,"profit":true},{"date":"2021-12-31","value":100,"profit":true},{"date":"2022-12-31","value":91.15,"profit":true},{"date":"2023-12-31","value":83.42,"profit":true}]
Income Taxes5.32B1.10B2.00B3.44B1.83B[{"date":"2019-12-31","value":100,"profit":true},{"date":"2020-12-31","value":20.68,"profit":true},{"date":"2021-12-31","value":37.53,"profit":true},{"date":"2022-12-31","value":64.63,"profit":true},{"date":"2023-12-31","value":34.32,"profit":true}]
Income After Taxes27.43B17.89B31.98B27.53B26.52B[{"date":"2019-12-31","value":85.78,"profit":true},{"date":"2020-12-31","value":55.96,"profit":true},{"date":"2021-12-31","value":100,"profit":true},{"date":"2022-12-31","value":86.08,"profit":true},{"date":"2023-12-31","value":82.92,"profit":true}]
Income From Continuous Operations27.43B17.89B31.98B27.53B26.52B[{"date":"2019-12-31","value":85.78,"profit":true},{"date":"2020-12-31","value":55.96,"profit":true},{"date":"2021-12-31","value":100,"profit":true},{"date":"2022-12-31","value":86.08,"profit":true},{"date":"2023-12-31","value":82.92,"profit":true}]
Income From Discontinued Operations-----[{"date":"2019-12-31","value":"-","profit":true},{"date":"2020-12-31","value":"-","profit":true},{"date":"2021-12-31","value":"-","profit":true},{"date":"2022-12-31","value":"-","profit":true},{"date":"2023-12-31","value":"-","profit":true}]
Net Income27.43B17.89B31.98B27.53B26.52B[{"date":"2019-12-31","value":85.78,"profit":true},{"date":"2020-12-31","value":55.96,"profit":true},{"date":"2021-12-31","value":100,"profit":true},{"date":"2022-12-31","value":86.08,"profit":true},{"date":"2023-12-31","value":82.92,"profit":true}]
EPS (Diluted)2.771.843.333.243.42[{"date":"2019-12-31","value":80.99,"profit":true},{"date":"2020-12-31","value":53.8,"profit":true},{"date":"2021-12-31","value":97.37,"profit":true},{"date":"2022-12-31","value":94.74,"profit":true},{"date":"2023-12-31","value":100,"profit":true}]

Ratios

Liquidity

These ratios help you determine the liquidity of the company. Higher is better.

BAC
Cash Ratio 0.31
Current Ratio 1.02

Asset Efficiency

These ratios help you understand the company's efficiency in using its assets to generate returns. Higher is better. For ROE, average long term is around 14%, less than 10% is poor.

BAC
ROA (LTM) 0.77%
ROE (LTM) 8.72%

Liabilities

These ratios help you understand the company's liabilities, gauging the riskiness of the investment.

BAC
Debt Ratio Lower is generally better. Negative is bad. 0.91
Common Equity/Total Assets Higher is better. Lower can suggest investment is riskier. 0.09
Debt/Equity The higher the number, the more leverage the business employs, the riskier the investment typically is. 10.90

Valuation

These ratios help you understand the company's valuation. Lower may indicate cheaper stocks.

BAC
Trailing PE 13.21
Forward PE 11.09
P/S (TTM) 3.00
P/B 1.07
EV/R 0.00
EV/Ebitda NM
PEG NM

News

Bank of America Premium Rewards Credit Card

The Bank of America Premium Rewards Credit Card can be beneficial to Bank of America Preferred Rewards clients. Learn about this credit card''s best features, drawbacks and compare to other popular cards on the market.

25 Apr, 2024 a 8:10 pm US News Money

Bank of America Adjusts Stake in Wetherspoon

J D Wetherspoon (GB:JDW) has released an update. Bank of America Corporation has crossed a notable threshold in its stake in J D Wetherspoon PLC, w…

25 Apr, 2024 a 3:58 pm TipRanks

Bank of America Shifts Stake in Tate & Lyle PLC

Tate & Lyle Plc (GB:TATE) has released an update. Tate & Lyle PLC has announced a significant change in their shareholding structure, with Bank of …

25 Apr, 2024 a 3:29 pm TipRanks

Bank of America Adjusts Stake in Spirent Communications

Spirent Communications (UK) (GB:SPT) has released an update. Bank of America Corporation has significantly altered its stake in Spirent Communicati…

25 Apr, 2024 a 2:47 pm TipRanks

Tesla Alternatives: 3 EV Stocks Poised to Outpace Elon’s Empire in the Long Term

Goldman Sachs (NYSE: GS ) says that by 2030, electric vehicles ( EV s) will make up more than 35% of global new car sales. Tesla (NASDAQ: TSLA ) remains the King of EVs despite consistent hurdles in recent months. But it’s evident that the competition is picking up, with other EV companies offering better models at better prices. According to Bank of America (NYSE: BAC ) analysts, Tesla could see a sharp decline of 18% in 2026, marking a 65% decline from its 2022 data. Recent reports show EV sales are slowing, forcing other companies to cut prices and focus more on hybrid models. However, U.S. EV sales hit a record 1.2 million in 2023, with projections for more growth in 2024. Analysts recommend considering these top EV stocks instead of Tesla right now. BYD Auto Co. (BYDDF) Source: J. Lekavicius / Shutterstock.com Warren Buffett showed an early interest in BYD Auto Co. (OTCMKTS: BYDDF ), sending one of his executives to tour its headquarters for China’s car market. In 2008, BYDDF’s co-founder Wang Chuanfu drank battery fluid to showcase its cleanliness.

25 Apr, 2024 a 11:00 am InvestorPlace

3 Lithium Stocks to Buy on the Dip: April 2024

Many investors are focusing their metals and mining focus on gold and silver in 2024. And lithium stocks took a beating in 2023 which continues into 2024. However, this may be a time to look for lithium stocks to buy on the dip. Primarily, lithium is a core metal needed for the ongoing transition to electric vehicles ( EV s). But it’s also going to be needed for many current and next-gen applications, including flying cars and smartphones. Investing in commodities is not for risk-averse investors. Oversupply crushed the lithium market, and miners are cutting back. But this tightening of the lithium supply is likely to provide a boost to lithium prices. EV makers, for example, can get through their inventory glut. Even if turnaround time in lithium prices doesn’t happen soon, many lithium stocks to buy on the dip are trading near 52-week lows. And some pay a dividend which can help protect your investment if the market moves against you. Albemarle (ALB) Source: IgorGolovniov/Shutterstock.com You can’t blame investors for wanting to throw in the towel on Albemarle (NYSE: ALB ).

25 Apr, 2024 a 10:15 am InvestorPlace

Bank of America Ups Stake in EasyJet Plc

EasyJet Plc (GB:EZJ) has released an update. Bank of America Corporation has adjusted its stake in EasyJet Plc, resulting in a notable change in ho…

25 Apr, 2024 a 9:48 am TipRanks

Mark Casey-backed debt recovery fintech plots path to the Nasdaq

Having launched in all 50 US states and in Canada, Remitter has signed on a range of enterprise clients including Bank of America, Citizens Bank and Hyundai.

25 Apr, 2024 a 7:00 am The Australian Financial Review

Bank of America’s co-head of Australia M&A exits

James Love will cap off 14 years with the bank after joining from Greenhill Caliburn in 2010.

25 Apr, 2024 a 6:08 am The Australian Financial Review

Goldman Sachs and Bank of America shareholders reject proposals to separate chair and CEO roles

Votes mark victories for Goldman’s David Solomon and Bank of America’s Brian Moynihan.

24 Apr, 2024 a 7:41 pm MarketWatch

FAQs

What is Bank of America Corp share price today?

Bank of America Corp (BAC) share price today is $37.91

Can Indians buy Bank of America Corp shares?

Yes, Indians can buy shares of Bank of America Corp (BAC) on Vested. To buy Bank of America Corp from India, you can open a US Brokerage account on Vested today by clicking on Sign Up or Invest in BAC stock at the top of this page. The account opening process is completely digital and secure, and takes a few minutes to complete.

Can Fractional shares of Bank of America Corp be purchased?

Yes, you can purchase fractional shares of Bank of America Corp (BAC) via the Vested app. You can start investing in Bank of America Corp (BAC) with a minimum investment of $1.

How to invest in Bank of America Corp shares from India?

You can invest in shares of Bank of America Corp (BAC) via Vested in three simple steps:

  • Click on Sign Up or Invest in BAC stock at the top of this page
  • Breeze through our fully digital and secure KYC process and open your US Brokerage account in a few minutes
  • Transfer USD funds to your US Brokerage account and start investing in Bank of America Corp shares
What is Bank of America Corp 52-week high and low stock price?

The 52-week high price of Bank of America Corp (BAC) is $38.49. The 52-week low price of Bank of America Corp (BAC) is $24.59.

What is Bank of America Corp price-to-earnings (P/E) ratio?

The price-to-earnings (P/E) ratio of Bank of America Corp (BAC) is 12.21

What is Bank of America Corp price-to-book (P/B) ratio?

The price-to-book (P/B) ratio of Bank of America Corp (BAC) is 1.07

What is Bank of America Corp dividend yield?

The dividend yield of Bank of America Corp (BAC) is 2.51%

What is the Market Cap of Bank of America Corp?

The market capitalization of Bank of America Corp (BAC) is $298.62B

What is Bank of America Corp’s stock symbol?

The stock symbol (or ticker) of Bank of America Corp is BAC

Signup to access all features and start your US investing journey!

  • Open your account in minutes
  • Take your portfolio global, starting at just $1
Get started

Add ticker to compare

Scroll to Top