| Market cap | $265.00B |
|---|---|
| Enterprise value | $308.83B |
| Revenue | $98.141B |
|---|---|
| EBITDA | $28.607B |
| Income | $23.352B |
| Revenue Q/Q | -1.68% |
| Revenue Y/Y | 0.16% |
| P/E | 13.91 |
|---|---|
| Forward P/E | 10.85 |
| EV/Sales | 3.15 |
| EV/EBITDA | 10.80 |
| EV/EBIT | 11.65 |
| PEG | 104.09 |
| Price/Sales | 2.70 |
| P/FCF | 6.50 |
| Price/Book | 0.91 |
| Book/Share | 44.70 |
| Cash/Share | N/A |
| FCF yield | 15.37% |
| Volume | 24.727M / 41.107M |
|---|---|
| Relative vol. | 0.60 × |
| EPS | 2.92 |
|---|---|
| EPS Q/Q | -4.71% |
| Est. EPS Q/Q | 3.66% |
| Profit margin | 26.90% |
|---|---|
| Oper. margin | 31.89% |
| Gross margin | 100.00% |
| EBIT margin | 27.02% |
| EBITDA margin | 29.15% |
| Ret. on assets | 0.79% |
|---|---|
| Ret. on equity | 8.66% |
| ROIC | 0.91% |
| ROCE | 0.81% |
| Debt/Equity | 9.90 |
|---|---|
| Net debt/EBITDA | -1.96 |
| Current ratio | 0.41 |
| Quick ratio | N/A |
| Volatility | 1.81% |
|---|---|
| Beta | 1.00 |
| RSI | 59.52 |
|---|
| Insider ownership | 0.12% |
|---|---|
| Inst. ownership | 71.25% |
| Shares outst. | 7.820B |
|---|---|
| Shares float | 0.000 0.00% |
| Short % of float | 1.23% |
| Short ratio | 1.95 |
| Dividend | $0.96 |
|---|---|
| Dividend yield | 2.38% |
| Payout ratio | 32.88% |
| Payment date | N/A |
| Ex-dividend date | N/A |
| Earnings date | 16 Jul 2024 |
Wednesday, 3 July 2024
|
|
| Should You Invest in Bank of America ? | |
Friday, 28 June 2024
|
|
| Bank of America Comments on Stress Test Results; Plans to Increase Quarterly Dividend 8% to $0.26 Per Share | |
Thursday, 27 June 2024
|
|
| Big Banks to Pay $46 Million to Settle Swaps Collusion Claims | |
Friday, 21 June 2024
|
|
| Fed Faults Living Wills of BofA, Citi, Goldman and JPMorgan | |
Tuesday, 18 June 2024
|
|
| Luxury Sneaker Maker Golden Goose Postpones Planned IPO | |
Friday, 7 June 2024
|
|
| Aron Levine: Why BofA’s Merrill Edge and Robo-Advisors Are Growing So Fast | |
| Bank of America Corp's Dividend Analysis | |
Thursday, 30 May 2024
|
|
| Bank of America CEO expects 10% to 15% jump in investment banking fees in Q2 | |
Tuesday, 28 May 2024
|
|
| Japan’s Yen Falls to Weakest in Almost 16 Years Versus Pound | |
Tuesday, 21 May 2024
|
|
| BofA Seeks to Grab Market Share in Mid-Tier Deals Amid IPO Wins | |
Thursday, 16 May 2024
|
|
| Warren Buffett’s Top Favorite Stocks for 2024 | |
Wednesday, 15 May 2024
|
|
| Mid-Q2 2024 Investor Conference and Events Highlights Update | |
| Exclusive-Bank of America banker who died had sought to leave, citing long hours, recruiter says | |
Thursday, 9 May 2024
|
|
| 20 Largest Banks in the US by Customers | |
Friday, 3 May 2024
|
|
| Bond Market Parties On as Jobs Data Revive Fed Rate-Cut Bets | |
Thursday, 2 May 2024
|
|
| Decoding Bank of America Corp : A Strategic SWOT Insight | |
Tuesday, 30 April 2024
|
|
| How To Earn $500 A Month From Bank of America Stock Following Upbeat Q1 Earnings | |
Wednesday, 24 April 2024
|
|
| Wall Street’s top bosses tested by shareholder proposals to strip them of power | |
Tuesday, 23 April 2024
|
|
| Update: Market Chatter: CFTC Asks Big Banks for Nondisclosure Agreements in Swaps, Clearing Amid Whistleblower Concerns | |
| Goldman and BofA face renewed calls to split CEO, chairman's roles | |
Wednesday, 17 April 2024
|
|
| Market Reaction To Bank Earnings Is Mixed, JPMorgan Analysts Project Further Decline In Net Interest Income | |
| Bank of America CEO: The Federal Reserve is winning the war on inflation | |
| Wall Street says a Wall Street revival is finally here | |
Tuesday, 16 April 2024
|
|
| Big banks led by Citi continue layoffs amid pressure to cut costs | |
| Bank of America's 1Q profits fall 18% on higher expenses, charge-offs | |
Monday, 15 April 2024
|
|
| Bank of America Set to Report Earnings as High Interest Rates Cut Both Ways | |
Wednesday, 10 April 2024
|
|
| AustralianSuper Plans to Double Private Equity Assets in Four Years | |
| Insider |
Trans.
Transaction
|
Total value |
|---|---|---|
| Brian T Moynihan Chair and CEO | Option 15 Jun 2024 | $811,601 |
| Darrin Steve Boland Chief Administrative Officer | Option 12 Jun 2024 | $1,970,500 |
| Matthew M Koder Pres, Gl Corp, and Invest Banking | Option 1 Jun 2024 | $1,999,500 |
| Eric A. Schimpf Pres and Merrill Wealth Mgmt | Option 15 May 2024 | $48,015 |
| Lindsay D. Hans Pres and Merrill Wealth Mgmt | Option 15 May 2024 | $37,937 |
| Rudolf A. Bless Chief Accounting Officer | Option 15 May 2024 | $104,045 |
| Brian T Moynihan Chair and CEO | Option 15 May 2024 | $804,776 |
| Brian T Moynihan Chair and CEO | Option 15 Apr 2024 | $743,554 |
| Brian T Moynihan Chair and CEO | Option 15 Mar 2024 | $732,350 |
| Thong M Nguyen Vice Chair, Gl Stra, and Ent Plat | Option 1 Mar 2024 | $3,273,212 |
| Bernard A Mensah President and International | Option 1 Mar 2024 | $49,155 |
Powered by
Robintrack.
Price target
Current $40.41
Average $28.94
Low $22
High $37
Dividends
| Ex-dividend date | N/A | Frequency | Quarterly | Annual dividend | +6.98% |
|---|---|---|---|---|---|
| Next dividend | N/A | Dividend yield | 2.38% | Growth period | 14 years |
| Last dividend date | Yield 3 years | 2.57% | Growth 3 years | +8.51% | |
| Last dividend | Yield 5 years | 2.37% | Growth 5 years | +11.24% |
| Insider | Age | Since | Compensation |
|---|---|---|---|
| Brian Moynihan (60) Chairman of the Board, President, and Chief Executive Officer since 2014 | 60 | 2014 | $26,039,200 |
| Thomas Montag (63) Chief Operating Officer since 2014 | 63 | 2014 | $19,494,800 |
| Paul Donofrio (59) Chief Financial Officer since 2015 | 59 | 2015 | $12,595,300 |
| Geoffrey Greener (55) Chief Risk Officer since 2014 | 55 | 2014 | $12,426,400 |
| Dean Athanasia (53) President - Retail, Preferred, and Small Business Banking since 2018 | 53 | 2018 | $11,747,500 |
| Thong Nguyen (61) Vice Chairman of the Board since 2018 | 61 | 2018 | $10,150,000 |
| James P. DeMare (51) Exec. Officer and Pres of Global Markets | 51 | $8,592,974 | |
| Paul M. Donofrio (61) Vice Chairman | 61 | $5,441,742 | |
| Geoffrey S. Greener (56) Chief Risk Officer | 56 | $5,441,516 | |
| Dean C. Athanasia (54) Pres of Regional Banking | 54 | $5,282,094 | |
| Brian Thomas Moynihan (62) Chairman, CEO, and Pres | 62 | $1,740,789 | |
| Pierre de Weck (69) Independent Director since 2013 | 69 | 2013 | $571,979 |
| Jack Bovender (74) Lead Independent Director since 2014 | 74 | 2014 | $503,000 |
| Susan Bies (72) Independent Director since 2009 | 72 | 2009 | $491,528 |
| Sharon Allen (68) Independent Director since 2012 | 68 | 2012 | $400,000 |
| Monica Lozano (63) Independent Director since 2006 | 63 | 2006 | $397,998 |
| Frank Bramble (71) Independent Director since 2006 | 71 | 2006 | $390,000 |
| Lionel Nowell (65) Independent Director since 2013 | 65 | 2013 | $384,704 |
| Michael White (68) Independent Director since 2016 | 68 | 2016 | $381,239 |
| Thomas May (73) Independent Director since 2004 | 73 | 2004 | $380,000 |
| Thomas Woods (67) Independent Director since 2016 | 67 | 2016 | $370,310 |
| Clayton Rose (61) Independent Director since 2018 | 61 | 2018 | $368,896 |
| Maria Zuber (61) Independent Director since 2017 | 61 | 2017 | $365,215 |
| Robert Yost (72) Independent Director since 2012 | 72 | 2012 | $350,000 |
| Linda Hudson (69) Independent Director since 2012 | 69 | 2012 | $350,000 |
| Arnold Donald (65) Independent Director since 2013 | 65 | 2013 | $350,000 |
| Denise Ramos (63) Independent Director since 2019 | 63 | 2019 | $275,183 |
| David Leitch (59) Global General Counsel since 2016 | 59 | 2016 | |
| Andrea Smith (52) Chief Administrative Officer since 2015 | 52 | 2015 | |
| Sheri Bronstein (51) Chief Human Resource Officer since 2015 | 51 | 2015 | |
| Catherine Bessant (60) Chief Operations and Technology Officer since 2015 | 60 | 2015 | |
| Andrew Sieg (52) President - Merrill Lynch Wealth Management since 2017 | 52 | 2017 | |
| Kathleen Knox (56) President - U.S. Trust since 2017 | 56 | 2017 | |
| Darrin Steve Boland (52) Chief Admin. Officer | 52 | ||
| Aditya Bhasin (47) Chief Technology and Information Officer | 47 | ||
| Christopher M. Hyzy | |||
| Thomas M. Scrivener (49) Chief Operations Exec. | 49 | ||
| Alastair M. Borthwick (52) Chief Financial Officer | 52 | ||
| E. Lee McEntire | |||
| Matthew M. Koder (49) Pres of Global Corp. and Investment Banking | 49 | ||
| Rudolf A. Bless |
The Bank of America Corporation is an American multinational investment bank and financial services holding company headquartered at the Bank of America Corporate Center in Charlotte, North Carolina, with investment banking and auxiliary headquarters in Manhattan. The bank was founded in San Francisco, California.
- Finance > Diversified Banks
- Bank Of America Corp., Bank of America Corporate Center, Charlotte 28255, United States
- 704 386 5681
- Investor relations
Dividends
| Ex-dividend date | N/A | Frequency | Quarterly | Annual dividend | +6.98% |
|---|---|---|---|---|---|
| Next dividend | N/A | Dividend yield | 2.38% | Growth period | 14 years |
| Last dividend date | Yield 3 years | 2.57% | Growth 3 years | +8.51% | |
| Last dividend | Yield 5 years | 2.37% | Growth 5 years | +11.24% |
Quarterly EPS estimates
Profit margin
Debt to assets
Cash flow
Balance sheet
XSLX
| (in millions USD) | 31 Mar 2024 | 31 Dec 2023 | |||
|---|---|---|---|---|---|
| Current assets | |||||
| Cash | $637,356 | $622,043 | |||
| Short term investments | |||||
| Net receivables | $86,106 | $81,881 | |||
| Inventory | |||||
| Total current assets | |||||
| Long term investments | |||||
| Property, plant & equipment | $11,901 | $11,855 | |||
| Goodwill & intangible assets | $69,021 | $69,021 | |||
| Total noncurrent assets | |||||
| Total investments | $1,990,732 | $1,957,122 | |||
| Total assets | $3,273,803 | $3,180,151 | |||
| Current liabilities | |||||
| Accounts payable | |||||
| Deferred revenue | |||||
| Short long term debt | |||||
| Total current liabilities | |||||
| Long term debt | |||||
| Total noncurrent liabilities | |||||
| Total debt | $664,899 | $618,189 | |||
| Total liabilities | $2,980,251 | $2,888,505 | |||
| Stockholders' equity | |||||
| Retained earnings | $228,902 | $224,672 | |||
| Other stockholder equity | -$18,057 | -$17,788 | |||
| Total stockholder equity | $293,552 | $291,646 | |||
| (in millions USD) | 2023 | 2022 | ||
|---|---|---|---|---|
| Current assets | ||||
| Cash | $622,043 | $505,036 | ||
| Short term investments | ||||
| Net receivables | $81,881 | $67,543 | ||
| Inventory | ||||
| Total current assets | ||||
| Long term investments | ||||
| Property, plant & equipment | $11,855 | $11,510 | ||
| Goodwill & intangible assets | $69,021 | $69,022 | ||
| Total noncurrent assets | ||||
| Total investments | $1,957,122 | $1,951,397 | ||
| Total assets | $3,180,151 | $3,051,375 | ||
| Current liabilities | ||||
| Accounts payable | ||||
| Deferred revenue | ||||
| Short long term debt | ||||
| Total current liabilities | ||||
| Long term debt | ||||
| Total noncurrent liabilities | ||||
| Total debt | $618,189 | $498,549 | ||
| Total liabilities | $2,888,505 | $2,778,178 | ||
| Stockholders' equity | ||||
| Retained earnings | $224,672 | $207,003 | ||
| Other stockholder equity | -$17,788 | -$21,156 | ||
| Total stockholder equity | $291,646 | $273,197 | ||
Income statement
| (in millions USD) | 31 Mar 2024 | 31 Dec 2023 | |||
|---|---|---|---|---|---|
| Revenue | |||||
| Total revenue | $25,818 | $21,959 | |||
| Cost of revenue | |||||
| Gross profit | $25,818 | $21,959 | |||
| Operating activities | |||||
| Research & development | |||||
| Selling, general & administrative | $14,586 | $15,159 | |||
| Total operating expenses | $17,237 | $17,731 | |||
| Operating income | $8,581 | $4,228 | |||
| Income from continuing operations | |||||
| EBIT | $7,262 | $3,124 | |||
| Income tax expense | $588 | -$20 | |||
| Interest expense | |||||
| Net income | |||||
| Net income | $6,674 | $3,144 | |||
| Income (for common shares) | $6,142 | $2,838 | |||
| (in millions USD) | 2023 | 2022 | ||
|---|---|---|---|---|
| Revenue | ||||
| Total revenue | $98,581 | $94,950 | ||
| Cost of revenue | ||||
| Gross profit | $98,581 | $94,950 | ||
| Operating activities | ||||
| Research & development | ||||
| Selling, general & administrative | $55,530 | $51,506 | ||
| Total operating expenses | $65,845 | $61,438 | ||
| Operating income | $32,736 | $33,512 | ||
| Income from continuing operations | ||||
| EBIT | $28,342 | $30,969 | ||
| Income tax expense | $1,827 | $3,441 | ||
| Interest expense | ||||
| Net income | ||||
| Net income | $26,515 | $27,528 | ||
| Income (for common shares) | $24,866 | $26,015 | ||
Cash flows
| (in millions USD) | 31 Mar 2024 | 31 Dec 2023 | |||
|---|---|---|---|---|---|
| Net income | $6,674 | $3,144 | |||
| Operating activities | |||||
| Depreciation | $538 | $527 | |||
| Business acquisitions & disposals | |||||
| Stock-based compensation | $865 | $728 | |||
| Total cash flows from operations | -$15,539 | $32,724 | |||
| Investing activities | |||||
| Capital expenditures | |||||
| Investments | -$70,508 | -$63,196 | |||
| Total cash flows from investing | -$71,322 | -$64,183 | |||
| Financing activities | |||||
| Dividends paid | -$2,519 | -$2,233 | |||
| Sale and purchase of stock | -$2,500 | -$811 | |||
| Net borrowings | $51,623 | -$24,881 | |||
| Total cash flows from financing | $68,658 | $11,291 | |||
| Effect of exchange rate | -$1,466 | $1,515 | |||
| Change in cash and equivalents | -$19,669 | -$18,653 | |||
| (in millions USD) | 2023 | 2022 | ||
|---|---|---|---|---|
| Net income | $26,515 | $27,528 | ||
| Operating activities | ||||
| Depreciation | $2,057 | $1,978 | ||
| Business acquisitions & disposals | ||||
| Stock-based compensation | $2,942 | $2,862 | ||
| Total cash flows from operations | $44,982 | -$6,327 | ||
| Investing activities | ||||
| Capital expenditures | ||||
| Investments | -$30,129 | $2,083 | ||
| Total cash flows from investing | -$35,387 | -$2,529 | ||
| Financing activities | ||||
| Dividends paid | -$9,087 | -$8,576 | ||
| Sale and purchase of stock | -$4,576 | -$5,073 | ||
| Net borrowings | $114,239 | $38,340 | ||
| Total cash flows from financing | $93,345 | -$106,039 | ||
| Effect of exchange rate | -$70 | -$3,123 | ||
| Change in cash and equivalents | $102,870 | -$118,018 | ||
Recent institutional transactions
| Quarter | Shareholder | Change |
Shares owned
Shares
|
Value (in thousands USD) |
|---|---|---|---|---|
| 2024 Q2 | Dnb Asset Management As |
+20.13%
|
3,743,516 | $148,879,631 |
| 2024 Q2 | Douglas Lane & Associates |
-7.50%
|
2,533,677 | $100,764,335 |
| 2024 Q2 | Thurston, Springer, Miller, Herd & Titak, Inc |
-91.27%
|
6,518 | $259,233 |
| 2024 Q2 | Massmutual Trust Co Fsb/adv |
+1.54%
|
719,918 | $28,631,139 |
| 2024 Q2 | Thurston, Springer, Miller, Herd & Titak, Inc |
Opened
|
4,000 | $3,942 |
| 2024 Q2 | Appleton Partners Inc/ma |
-1.13%
|
301,091 | $11,974 |
| 2024 Q2 | First Financial Bank - Trust Division |
-0.62%
|
223,875 | $8,903,517 |
| 2024 Q2 | Neville Rodie & Shaw Inc |
+1.03%
|
53,518 | $2,128 |
| 2024 Q2 | City State Bank |
-2.81%
|
15,487 | $616 |
| 2024 Q2 | Trust Co Of Toledo Na oh/ |
+2.42%
|
12,871 | $511,880 |
Institutional shareholders
| Shareholder | Stake |
Shares owned
Shares
|
Value (in thousands USD) |
|---|---|---|---|
| Metatron Capital Sicav PLC | 103.29% | 8,077,831,463 | |
| Geode Capital Management | 1.69% | 132,478,492 | |
| Dodge & Cox | 0.91% | 70,889,360 | |
| Ameriprise Financial Inc | 0.71% | 55,239,608 | |
| Bank Of New York Mellon Corp | 0.68% | 52,867,957 | |
| Tiaa Cref Investment Management | 0.57% | 44,882,758 | |
| Putnam Investments | 0.45% | 34,843,723 | |
| Lazard Asset Management | 0.39% | 30,622,950 | |
| Ubs Asset Management Americas | 0.37% | 28,649,431 | |
| Parametric Portfolio Associates | 0.33% | 26,093,995 |
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