Bank of America (BAC) Stock
Company Profile
Price: $42.23
Market Cap: $324.70B
Exchange: NYSE
CEO: Mr. Brian Thomas Moynihan
Sector: Financial Services
Industry: Banks - Diversified
Employees: 213.49K
Headquarters: Charlotte, NC
Website: Bank of America
Business Summary
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. As of December 31, 2021, it served approximately 67 million consumer and small business clients with approximately 4,200 retail financial centers; approximately 16,000 ATMs; and digital banking platforms with approximately 41 million active users. The company was founded in 1784 and is based in Charlotte, North Carolina.
Bank of America Chart
Bank of America News
BofA Sees 51% Increase in Companies Leveraging APIs For Real-Time Treasury Needs
Growth Surge Driven by CashPro ® API Network and CashPro Developer Studio NEW YORK and SINGAPORE and LONDON , Oct. 22, 2024 /PRNewswire/ -- The demand for real time data and transaction processing is driving a record number of Bank of America business clients to adopt Application Programming Interfaces (APIs). Over the last 12 months, Bank of America has seen a 51% increase1 in clients using APIs, with growth driven by innovations that have simplified onboarding and accelerated speed to transact.
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prnewswire.com
2024-10-22
BofA "More Rewards Day" Takes Place Thursday, November 7
Consumer and Small Business Cardholders Automatically Earn Extra Cash Back, Miles or Points as They Prep for the Holiday Season CHARLOTTE, N.C. , Oct. 22, 2024 /PRNewswire/ -- Bank of America announced the return of its highly anticipated More Rewards Day, taking place on Thursday, November 7, 2024.
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prnewswire.com
2024-10-22
Bank of America: Buffett Selling Should Not Distract From Preferred Share
Bank of America's preferred shares offer attractive fixed dividend yields, especially BAC.PB and BAC.PK, despite loan performance challenges and Warren Buffett selling common shares. The bank's net interest income remains strong, with loans generating more interest income, although higher interest expenses persist. Bank of America's loan growth outpaces the commercial banking sector, and they have maintained a low loan to deposit ratio since the pandemic.
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seekingalpha.com
2024-10-22
BofA Extends Guaranteed FX Rates Up to 1-Year
Extension Follows Growth In Cross-Border Payments Company Named World's Best Bank for FX Payments NEW YORK and SINGAPORE and LONDON , Oct. 20, 2024 /PRNewswire/ -- Bank of America is simplifying the management of foreign exchange (FX) risk associated with cross-currency payments and receipts with the introduction of Guaranteed FX Rates of up to 1-year1, the longest tenor available in the industry today. Using this strategic solution can help companies mitigate exposure to currency fluctuations and simplify treasury management processes such as forecasting and reconciliation.
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prnewswire.com
2024-10-20
Bank Of America: A 6% Preferred Dividend Yield Remains Attractive
Bank of America's Q3 results show solid net interest income and well-covered preferred dividends, with a net profit of $6.9B and EPS of $0.816. The bank's CET1 ratio remains stable at 11.8%, despite dividend payments and stock buybacks, indicating strong financial health. The Series GG preferred shares offer a 6% yield but carry an imminent call risk, making them less attractive for new investments.
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seekingalpha.com
2024-10-19
Bank of America Earnings
This section highlight's Bank of America's earnings, including earnings call transcripts, earnings surprises, and key dates.
Bank of America Earnings Call Transcripts
| Transcript | Quarter | Year | Date | Estimated EPS | Actual EPS |
|---|---|---|---|---|---|
| Read Transcript | Q3 | 2024 | 2024-10-15 | $0.77 | $0.81 |
| Read Transcript | Q2 | 2024 | 2024-07-16 | $0.80 | $0.83 |
| Read Transcript | Q1 | 2024 | 2024-04-16 | $0.76 | $0.83 |
| Read Transcript | Q4 | 2023 | 2024-01-12 | $0.69 | $0.70 |
| Read Transcript | Q3 | 2023 | 2023-10-17 | $0.82 | $0.90 |
| Read Transcript | Q2 | 2023 | 2023-07-18 | $0.84 | $0.88 |
| Read Transcript | Q1 | 2023 | 2023-04-18 | $0.82 | $0.94 |
| Read Transcript | Q4 | 2022 | 2023-01-13 | $0.77 | $0.85 |
| Read Transcript | Q3 | 2022 | 2022-10-17 | $0.77 | $0.81 |
| Read Transcript | Q2 | 2022 | 2022-07-18 | $0.75 | $0.78 |
| Read Transcript | Q1 | 2022 | 2022-04-18 | $0.75 | $0.80 |
Bank of America Earnings Dates
When is the next earnings date for BAC?
Date: 2025-01-10Status: Unconfirmed
Time of Day: Before Market
Estimated EPS: $0.81
When was the last earnings date for BAC?
Date: 2024-10-15Fiscal Date Ending: 2024-09-29
EPS: $0.81
Estimated EPS: $0.77
Revenue: $23.80B
Estimated Revenue: $25.25B
Upcoming BAC Earnings
| Date | Estimated EPS | Time of Day | Status |
|---|---|---|---|
| 2025-01-10 | $0.81 | Before Market | Unconfirmed |
| 2025-04-15 | N/A | Before Market | Unconfirmed |
| 2025-07-16 | N/A | Before Market | Unconfirmed |
| 2025-10-15 | N/A | Before Market | Unconfirmed |
Financial Statements
This section provides financial statements for Bank of Americaincluding income statements, balance sheets, and cash flow statements, both annually and quarterly.
Annual Income Statement
| Breakdown | 2019-12-31 | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 |
|---|---|---|---|---|---|
| Revenue | $85.58B | $74.21B | $93.71B | $92.41B | $95.79B |
| Cost of Revenue | $- | $- | $- | $- | $- |
| Gross Profit | $- | $- | $- | $- | $95.79B |
| Gross Profit Ratio | 0.00% | 0.00% | 0.00% | 0.00% | 100.00% |
| Research and Development Expenses | $- | $- | $- | $- | $- |
| General and Administrative Expenses | $6.24B | $6.92B | $7.54B | $8.42B | $8.87B |
| Selling and Marketing Expenses | $1.93B | $1.70B | $1.94B | $1.82B | $1.93B |
| Selling General and Administrative Expenses | $46.74B | $48.48B | $52.76B | $53.76B | $56.29B |
| Other Expenses | $- | $- | $- | $- | $-47.72B |
| Operating Expenses | $46.74B | $48.48B | $52.76B | $53.76B | $56.29B |
| Cost and Expenses | $46.74B | $48.48B | $52.76B | $53.76B | $56.29B |
| Interest Income | $71.24B | $51.59B | $47.67B | $72.56B | $130.26B |
| Interest Expense | $22.34B | $8.22B | $4.74B | $20.10B | $73.33B |
| Depreciation and Amortization | $1.73B | $1.84B | $1.90B | $1.98B | $2.06B |
| EBITDA | $34.48B | $20.84B | $35.87B | $32.95B | $30.37B |
| EBITDA Ratio | 40.29% | 28.08% | 40.26% | 34.70% | 31.71% |
| Operating Income | $38.84B | $25.73B | $40.95B | $38.64B | $39.50B |
| Operating Income Ratio | 45.38% | 34.67% | 43.70% | 41.82% | 41.24% |
| Total Other Income Expenses Net | $-6.09B | $-6.73B | $-6.97B | $-7.67B | $-11.16B |
| Income Before Tax | $32.75B | $19.00B | $33.98B | $30.97B | $28.34B |
| Income Before Tax Ratio | 38.27% | 25.60% | 36.26% | 33.51% | 29.59% |
| Income Tax Expense | $5.32B | $1.10B | $2.00B | $3.44B | $1.83B |
| Net Income | $27.43B | $17.89B | $31.98B | $27.53B | $26.52B |
| Net Income Ratio | 32.05% | 24.11% | 34.13% | 29.79% | 27.68% |
| EPS | $2.77 | $1.88 | $3.60 | $3.21 | $3.10 |
| EPS Diluted | $2.75 | $1.87 | $3.57 | $3.19 | $3.08 |
| Weighted Average Shares Outstanding | 9.39B | 8.75B | 8.49B | 8.11B | 8.03B |
| Weighted Average Shares Outstanding Diluted | 9.44B | 8.80B | 8.56B | 8.17B | 8.08B |
| SEC Filing | Source | Source | Source | Source | Source |
Quarterly Income Statement
| Breakdown | 2019-12-31 | 2020-03-31 | 2020-06-30 | 2020-09-30 | 2020-12-31 | 2021-03-31 | 2021-06-30 | 2021-09-30 | 2021-12-31 | 2022-03-31 | 2022-06-30 | 2022-09-30 | 2022-12-31 | 2023-03-31 | 2023-06-30 | 2023-09-30 | 2023-12-31 | 2024-03-31 | 2024-06-30 | 2024-09-29 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $21.41B | $18.01B | $17.21B | $18.95B | $20.05B | $24.68B | $23.09B | $23.39B | $22.55B | $23.20B | $22.16B | $23.60B | $23.44B | $25.33B | $24.07B | $23.93B | $22.45B | $24.50B | $23.87B | $23.80B |
| Cost of Revenue | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Gross Profit | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $23.80B |
| Gross Profit Ratio | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 100.00% |
| Research and Development Expenses | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| General and Administrative Expenses | $1.60B | $1.58B | $1.65B | $1.78B | $1.90B | $1.83B | $1.87B | $1.85B | $1.99B | $1.99B | $2.05B | $2.07B | $2.31B | $2.23B | $2.17B | $2.22B | $2.24B | $2.35B | $2.42B | $2.51B |
| Selling and Marketing Expenses | $524.00M | $438.00M | $492.00M | $308.00M | $463.00M | $371.00M | $810.00M | $347.00M | $411.00M | $397.00M | $463.00M | $505.00M | $460.00M | $458.00M | $513.00M | $501.00M | $455.00M | $455.00M | $487.00M | $504.00M |
| Selling General and Administrative Expenses | $11.79B | $12.06B | $11.93B | $12.09B | $12.39B | $13.77B | $13.10B | $12.68B | $13.22B | $13.63B | $13.18B | $13.24B | $13.71B | $14.41B | $13.86B | $14.07B | $13.95B | $14.81B | $14.55B | $14.76B |
| Other Expenses | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $-4.73B |
| Operating Expenses | $11.79B | $12.06B | $11.93B | $12.09B | $12.39B | $13.77B | $13.10B | $12.68B | $13.22B | $13.63B | $13.18B | $13.24B | $13.71B | $14.41B | $13.86B | $14.07B | $13.95B | $14.81B | $14.55B | $14.76B |
| Cost and Expenses | $11.79B | $12.06B | $11.93B | $12.09B | $12.39B | $13.77B | $13.10B | $12.68B | $13.22B | $13.63B | $13.18B | $13.24B | $13.71B | $14.41B | $13.86B | $14.07B | $13.95B | $14.81B | $14.55B | $14.76B |
| Interest Income | $16.93B | $16.10B | $12.54B | $11.49B | $11.46B | $11.39B | $11.39B | $12.34B | $12.55B | $12.89B | $14.97B | $19.62B | $25.07B | $28.66B | $32.35B | $33.62B | $35.63B | $36.28B | $36.85B | $- |
| Interest Expense | $4.79B | $3.97B | $1.69B | $1.36B | $1.21B | $1.20B | $1.15B | $1.24B | $1.14B | $1.32B | $2.53B | $5.86B | $10.39B | $14.21B | $18.20B | $19.25B | $21.68B | $22.25B | $23.15B | $- |
| Depreciation and Amortization | $439.00M | $432.00M | $448.00M | $476.00M | $487.00M | $461.00M | $469.00M | $473.00M | $495.00M | $494.00M | $491.00M | $491.00M | $502.00M | $503.00M | $510.00M | $517.00M | $527.00M | $538.00M | $543.00M | $-1.72B |
| EBITDA | $8.61B | $4.96B | $4.25B | $5.02B | $6.61B | $9.63B | $8.51B | $9.42B | $8.31B | $8.37B | $7.38B | $8.79B | $8.40B | $9.59B | $8.54B | $8.61B | $3.63B | $7.80B | $-315.00M | $7.32B |
| EBITDA Ratio | 40.21% | 27.56% | 24.68% | 26.51% | 32.95% | 39.01% | 36.86% | 40.29% | 36.87% | 36.09% | 33.31% | 37.25% | 35.83% | 37.87% | 35.49% | 35.98% | 17.39% | 30.21% | -0.63% | 30.77% |
| Operating Income | $9.62B | $5.94B | $5.28B | $6.86B | $7.65B | $10.92B | $9.99B | $10.71B | $9.32B | $9.57B | $8.98B | $10.36B | $9.73B | $10.92B | $10.21B | $9.87B | $8.51B | $9.69B | $9.32B | $9.04B |
| Operating Income Ratio | 44.95% | 32.99% | 30.65% | 36.20% | 38.17% | 44.23% | 43.28% | 45.81% | 41.35% | 41.25% | 40.53% | 43.91% | 41.49% | 43.11% | 42.42% | 41.22% | 37.88% | 39.55% | 39.05% | 37.98% |
| Total Other Income Expenses Net | $-1.45B | $-1.41B | $-1.48B | $-2.31B | $-1.53B | $-1.75B | $-1.95B | $-1.76B | $-1.51B | $-1.69B | $-2.09B | $-2.06B | $-1.83B | $-1.83B | $-2.18B | $-1.77B | $-5.38B | $-2.43B | $-1.76B | $-1.72B |
| Income Before Tax | $8.17B | $4.53B | $3.80B | $4.55B | $6.12B | $9.17B | $8.04B | $8.95B | $7.82B | $7.88B | $6.89B | $8.30B | $7.90B | $9.09B | $8.03B | $8.10B | $3.12B | $7.26B | $7.56B | $7.32B |
| Income Before Tax Ratio | 38.16% | 25.16% | 22.08% | 23.99% | 30.52% | 37.14% | 34.83% | 38.26% | 34.67% | 33.96% | 31.09% | 35.17% | 33.69% | 35.89% | 33.37% | 33.82% | 13.91% | 29.64% | 31.67% | 30.77% |
| Income Tax Expense | $1.18B | $521.00M | $266.00M | $335.00M | $649.00M | $1.12B | $1.18B | $1.26B | $805.00M | $812.00M | $645.00M | $1.22B | $765.00M | $928.00M | $626.00M | $293.00M | $20.00M | $588.00M | $663.00M | $428.00M |
| Net Income | $6.99B | $4.01B | $3.53B | $4.88B | $5.47B | $8.05B | $9.22B | $7.69B | $7.01B | $7.07B | $6.25B | $7.08B | $7.13B | $8.16B | $7.41B | $7.80B | $3.14B | $6.67B | $6.90B | $6.90B |
| Net Income Ratio | 32.67% | 22.27% | 20.53% | 25.76% | 27.29% | 32.62% | 39.95% | 32.88% | 31.10% | 30.46% | 28.18% | 30.00% | 30.43% | 32.22% | 30.77% | 32.60% | 14.00% | 27.24% | 28.90% | 28.97% |
| EPS | $0.75 | $0.40 | $0.38 | $0.51 | $0.60 | $0.87 | $1.04 | $0.86 | $0.82 | $0.81 | $0.73 | $0.81 | $0.85 | $0.95 | $0.88 | $0.91 | $0.36 | $0.77 | $0.83 | $0.82 |
| EPS Diluted | $0.74 | $0.40 | $0.37 | $0.51 | $0.59 | $0.86 | $1.03 | $0.85 | $0.79 | $0.80 | $0.73 | $0.81 | $0.85 | $0.94 | $0.88 | $0.90 | $0.33 | $0.76 | $0.83 | $0.81 |
| Weighted Average Shares Outstanding | 9.02B | 8.82B | 8.74B | 8.73B | 8.72B | 8.70B | 8.62B | 8.43B | 8.23B | 8.14B | 8.12B | 8.11B | 8.09B | 8.07B | 8.04B | 8.02B | 7.99B | 7.97B | 7.90B | 8.51B |
| Weighted Average Shares Outstanding Diluted | 9.08B | 8.86B | 8.77B | 8.78B | 8.79B | 8.76B | 8.74B | 8.49B | 8.30B | 8.20B | 8.16B | 8.16B | 8.16B | 8.18B | 8.08B | 8.08B | 8.06B | 8.03B | 7.96B | 7.90B |
| SEC Filing | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source |
Annual Balance Sheet
| Breakdown | 2019-12-31 | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 |
|---|---|---|---|---|---|
| Cash and Cash Equivalents | $168.67B | $387.01B | $355.37B | $237.46B | $341.42B |
| Short Term Investments | $245.64B | $234.49B | $299.18B | $220.79B | $266.65B |
| Cash and Short Term Investments | $414.31B | $621.50B | $654.54B | $458.25B | $-27.89B |
| Net Receivables | $75.66B | $81.16B | $87.47B | $81.02B | $96.70B |
| Inventory | $-729.26B | $-954.26B | $-925.53B | $-868.81B | $-68.81B |
| Other Current Assets | $729.26B | $954.26B | $925.53B | $868.81B | $981.00B |
| Total Current Assets | $489.96B | $702.66B | $742.02B | $539.27B | $981.00B |
| Property Plant Equipment Net | $10.56B | $11.00B | $10.83B | $11.51B | $11.86B |
| Goodwill | $68.95B | $68.95B | $69.02B | $69.02B | $69.02B |
| Intangible Assets | $- | $- | $- | $- | $400.00M |
| Goodwill and Intangible Assets | $68.95B | $68.95B | $69.02B | $69.02B | $69.02B |
| Long Term Investments | $702.02B | $883.70B | $1.23T | $1.16T | $1.02T |
| Tax Assets | $16.69B | $20.00B | $20.61B | $13.35B | $1.52T |
| Other Non-Current Assets | $-16.69B | $-20.00B | $-20.61B | $-13.35B | $-416.61B |
| Total Non-Current Assets | $781.53B | $963.65B | $1.31T | $1.24T | $2.20T |
| Other Assets | $1.16T | $1.15T | $1.12T | $1.27T | $275.00M |
| Total Assets | $2.43T | $2.82T | $3.17T | $3.05T | $3.18T |
| Account Payables | $- | $- | $- | $- | $- |
| Short Term Debt | $24.20B | $19.32B | $23.75B | $26.93B | $32.10B |
| Tax Payables | $- | $- | $- | $- | $- |
| Deferred Revenue | $- | $- | $- | $- | $- |
| Other Current Liabilities | $-24.20B | $-19.32B | $-23.75B | $-26.93B | $926.46B |
| Total Current Liabilities | $24.20B | $19.32B | $23.75B | $26.93B | $958.56B |
| Long Term Debt | $240.86B | $262.93B | $280.12B | $275.98B | $302.20B |
| Deferred Revenue Non-Current | $230.61B | $250.38B | $268.66B | $- | $- |
| Deferred Tax Liabilities Non-Current | $10.25B | $12.55B | $11.45B | $- | $- |
| Other Non-Current Liabilities | $-240.86B | $-262.93B | $-280.12B | $2.22T | $1.63T |
| Total Non-Current Liabilities | $240.86B | $262.93B | $280.12B | $2.50T | $1.93T |
| Other Liabilities | $1.90T | $2.26T | $2.60T | $252.96B | $275.00M |
| Total Liabilities | $2.17T | $2.55T | $2.90T | $2.78T | $2.89T |
| Preferred Stock | $23.40B | $24.51B | $24.71B | $28.40B | $28.40B |
| Common Stock | $91.72B | $85.98B | $62.40B | $58.95B | $56.37B |
| Retained Earnings | $156.32B | $164.09B | $188.06B | $207.00B | $224.67B |
| Accumulated Other Comprehensive Income Loss | $-6.63B | $-1.66B | $-5.10B | $-21.16B | $-17.79B |
| Other Total Stockholders Equity | $- | $- | $- | $- | $- |
| Total Stockholders Equity | $264.81B | $272.92B | $270.07B | $273.20B | $291.65B |
| Total Equity | $264.81B | $272.92B | $270.07B | $273.20B | $291.65B |
| Total Liabilities and Stockholders Equity | $2.43T | $2.82T | $3.17T | $3.05T | $3.18T |
| Minority Interest | $- | $- | $- | $- | $- |
| Total Liabilities and Total Equity | $2.43T | $2.82T | $3.17T | $3.05T | $3.18T |
| Total Investments | $947.66B | $1.12T | $1.53T | $1.38T | $358.85B |
| Total Debt | $265.06B | $282.25B | $303.87B | $302.91B | $334.30B |
| Net Debt | $96.39B | $-104.75B | $-51.49B | $65.45B | $-7.12B |
Quarterly Balance Sheet
| Breakdown | 2019-12-31 | 2020-03-31 | 2020-06-30 | 2020-09-30 | 2020-12-31 | 2021-03-31 | 2021-06-30 | 2021-09-30 | 2021-12-31 | 2022-03-31 | 2022-06-30 | 2022-09-30 | 2022-12-31 | 2023-03-31 | 2023-06-30 | 2023-09-30 | 2023-12-31 | 2024-03-31 | 2024-06-30 | 2024-09-29 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash and Cash Equivalents | $168.67B | $262.67B | $295.42B | $306.09B | $387.01B | $333.96B | $267.39B | $286.37B | $355.37B | $279.58B | $204.84B | $212.43B | $237.46B | $387.86B | $381.49B | $359.72B | $341.42B | $321.26B | $329.00B | $295.33B |
| Short Term Investments | $245.64B | $206.22B | $190.43B | $233.69B | $234.49B | $270.61B | $278.18B | $275.36B | $299.18B | $289.29B | $266.25B | $226.34B | $220.79B | $162.41B | $132.00B | $165.61B | $266.65B | $313.07B | $291.30B | $- |
| Cash and Short Term Investments | $414.31B | $468.89B | $485.85B | $539.79B | $621.50B | $604.57B | $545.57B | $561.73B | $654.54B | $568.87B | $471.10B | $438.76B | $458.25B | $550.26B | $513.50B | $525.33B | $-27.89B | $313.40B | $315.23B | $295.33B |
| Net Receivables | $75.66B | $88.33B | $73.50B | $78.99B | $81.16B | $82.66B | $83.65B | $89.97B | $87.02B | $97.58B | $93.45B | $89.11B | $81.02B | $93.30B | $86.88B | $88.21B | $96.70B | $100.85B | $95.81B | $- |
| Inventory | $- | $- | $- | $- | $- | $- | $-1.49T | $-1.53T | $-925.53B | $-978.83B | $-851.31B | $-857.49B | $-868.81B | $-1.08T | $-1.04T | $-1.05T | $-68.81B | $-414.25B | $-411.05B | $- |
| Other Current Assets | $- | $- | $- | $- | $- | $- | $895.77B | $911.96B | $925.53B | $978.83B | $851.31B | $857.49B | $868.81B | $1.08T | $1.04T | $1.05T | $981.00B | $1.04T | $1.05T | $1.07T |
| Total Current Assets | $37.26B | $42.34B | $39.99B | $38.01B | $42.98B | $41.42B | $37.68B | $35.21B | $741.56B | $666.45B | $564.55B | $527.88B | $539.27B | $643.57B | $600.38B | $613.54B | $981.00B | $1.04T | $1.05T | $295.33B |
| Property Plant Equipment Net | $10.56B | $10.79B | $10.79B | $10.90B | $11.00B | $10.80B | $10.75B | $10.68B | $10.83B | $10.82B | $11.02B | $11.12B | $11.51B | $11.71B | $11.69B | $11.82B | $11.86B | $11.90B | $20.62B | $12.03B |
| Goodwill | $68.95B | $68.95B | $68.95B | $68.95B | $68.95B | $68.95B | $69.02B | $69.02B | $69.02B | $69.02B | $69.02B | $69.02B | $69.02B | $69.02B | $69.02B | $69.02B | $69.02B | $69.02B | $69.02B | $69.02B |
| Intangible Assets | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $2.00B | $- |
| Goodwill and Intangible Assets | $68.95B | $68.95B | $68.95B | $68.95B | $68.95B | $68.95B | $69.02B | $69.02B | $69.02B | $69.02B | $69.02B | $69.02B | $69.02B | $69.02B | $69.02B | $69.02B | $69.02B | $69.02B | $69.02B | $69.02B |
| Long Term Investments | $702.02B | $669.17B | $698.33B | $839.90B | $883.70B | $1.13T | $1.23T | $1.26T | $1.13T | $1.28T | $1.23T | $1.17T | $1.16T | $1.11T | $1.07T | $1.09T | $1.02T | $342.71B | $361.46B | $323.43B |
| Tax Assets | $- | $- | $- | $- | $- | $- | $- | $- | $20.61B | $- | $- | $- | $13.35B | $- | $- | $- | $1.52T | $1.56T | $1.54T | $-323.43B |
| Other Non-Current Assets | $-702.02B | $-669.17B | $-698.33B | $-839.90B | $-883.70B | $-1.13T | $-1.23T | $-1.26T | $-20.61B | $-104.49B | $-111.99B | $-112.37B | $-13.35B | $-1.19T | $-1.15T | $-1.17T | $-416.61B | $246.43B | $214.74B | $2.95T |
| Total Non-Current Assets | $79.51B | $79.74B | $79.74B | $79.85B | $79.95B | $79.75B | $79.77B | $79.71B | $1.21T | $1.26T | $1.19T | $1.14T | $1.24T | $1.19T | $1.15T | $1.17T | $2.20T | $2.23T | $2.20T | $3.03T |
| Other Assets | $2.32T | $2.50T | $2.62T | $2.62T | $2.70T | $2.85T | $2.91T | $2.97T | $1.22T | $1.31T | $1.35T | $1.40T | $1.27T | $1.36T | $1.37T | $1.37T | $275.00M | $- | $- | $- |
| Total Assets | $2.43T | $2.62T | $2.74T | $2.74T | $2.82T | $2.97T | $3.03T | $3.09T | $3.17T | $3.24T | $3.11T | $3.07T | $3.05T | $3.19T | $3.12T | $3.15T | $3.18T | $3.27T | $3.26T | $3.32T |
| Account Payables | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Short Term Debt | $24.20B | $30.12B | $18.00B | $17.86B | $19.32B | $21.72B | $21.64B | $20.28B | $23.75B | $24.79B | $27.89B | $21.04B | $26.93B | $56.56B | $41.02B | $40.20B | $32.10B | $368.55B | $418.81B | $436.40B |
| Tax Payables | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Deferred Revenue | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Other Current Liabilities | $8.72B | $6.79B | $6.86B | $5.74B | $7.05B | $5.29B | $5.14B | $3.83B | $-23.75B | $-24.79B | $-27.89B | $-21.04B | $-26.93B | $-56.56B | $-41.02B | $-40.20B | $926.46B | $655.81B | $617.96B | $612.04B |
| Total Current Liabilities | $32.92B | $36.91B | $24.86B | $23.60B | $26.37B | $27.01B | $26.77B | $24.11B | $23.75B | $24.79B | $27.89B | $21.04B | $26.93B | $56.56B | $41.02B | $40.20B | $958.56B | $1.02T | $1.04T | $1.05T |
| Long Term Debt | $240.86B | $256.71B | $261.64B | $255.72B | $262.93B | $251.21B | $274.60B | $278.62B | $280.12B | $278.71B | $275.70B | $269.12B | $275.98B | $283.87B | $286.07B | $290.36B | $302.20B | $296.35B | $280.20B | $296.93B |
| Deferred Revenue Non-Current | $- | $- | $- | $- | $- | $- | $- | $- | $-11.45B | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Deferred Tax Liabilities Non-Current | $- | $- | $- | $- | $- | $- | $- | $- | $11.45B | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Other Non-Current Liabilities | $1.90T | $2.06T | $2.19T | $2.19T | $2.26T | $2.42T | $2.45T | $2.51T | $-256.36B | $-253.92B | $-247.81B | $-248.08B | $2.22T | $-227.31B | $-286.07B | $-290.36B | $1.63T | $1.66T | $1.65T | $2.73T |
| Total Non-Current Liabilities | $2.14T | $2.32T | $2.45T | $2.45T | $2.52T | $2.67T | $2.73T | $2.79T | $23.75B | $24.79B | $27.89B | $21.04B | $2.50T | $56.56B | $286.07B | $290.36B | $1.93T | $1.96T | $1.93T | $3.03T |
| Other Liabilities | $- | $- | $- | $- | $- | $- | $- | $- | $2.85T | $2.92T | $2.79T | $2.76T | $252.96B | $2.80T | $2.51T | $2.54T | $275.00M | $- | $- | $-1.05T |
| Total Liabilities | $2.17T | $2.36T | $2.48T | $2.47T | $2.55T | $2.70T | $2.75T | $2.81T | $2.90T | $2.97T | $2.84T | $2.80T | $2.78T | $2.91T | $2.84T | $2.87T | $2.89T | $2.98T | $2.96T | $3.03T |
| Preferred Stock | $23.40B | $23.43B | $23.43B | $23.43B | $24.51B | $24.32B | $23.44B | $23.44B | $24.71B | $27.14B | $29.13B | $29.13B | $28.40B | $28.40B | $28.40B | $28.40B | $28.40B | $28.40B | $26.55B | $24.55B |
| Common Stock | $91.72B | $85.75B | $85.79B | $85.95B | $85.98B | $83.07B | $79.24B | $69.61B | $62.40B | $59.97B | $59.50B | $59.46B | $58.95B | $57.26B | $57.27B | $56.71B | $56.37B | $54.31B | $51.38B | $48.34B |
| Retained Earnings | $156.32B | $155.87B | $157.58B | $160.45B | $164.09B | $170.08B | $177.50B | $183.01B | $188.06B | $192.93B | $197.16B | $201.96B | $207.00B | $213.06B | $218.40B | $223.75B | $224.67B | $228.90B | $233.60B | $237.95B |
| Accumulated Other Comprehensive Income Loss | $-6.63B | $-120.00M | $-1.16B | $-978.00M | $-1.66B | $-3.47B | $-3.06B | $-3.60B | $-5.10B | $-13.42B | $-16.67B | $-21.03B | $-21.16B | $-18.53B | $-20.74B | $-21.79B | $-17.79B | $-18.06B | $-17.63B | $-14.33B |
| Other Total Stockholders Equity | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Stockholders Equity | $264.81B | $264.92B | $265.64B | $268.85B | $272.92B | $274.00B | $277.12B | $272.46B | $270.07B | $266.62B | $269.12B | $269.52B | $273.20B | $280.20B | $283.32B | $287.06B | $291.65B | $293.55B | $293.89B | $296.51B |
| Total Equity | $264.81B | $264.92B | $265.64B | $268.85B | $272.92B | $274.00B | $277.12B | $272.46B | $270.07B | $266.62B | $269.12B | $269.52B | $273.20B | $280.20B | $283.32B | $287.06B | $291.65B | $293.55B | $293.89B | $296.51B |
| Total Liabilities and Stockholders Equity | $2.43T | $2.62T | $2.74T | $2.74T | $2.82T | $2.97T | $3.03T | $3.09T | $3.17T | $3.24T | $3.11T | $3.07T | $3.05T | $3.19T | $3.12T | $3.15T | $3.18T | $3.27T | $3.26T | $3.32T |
| Minority Interest | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Liabilities and Total Equity | $2.43T | $2.62T | $2.74T | $2.74T | $2.82T | $2.97T | $3.03T | $3.09T | $3.17T | $3.24T | $3.11T | $3.07T | $3.05T | $3.19T | $3.12T | $3.15T | $3.18T | $3.27T | $3.26T | $3.32T |
| Total Investments | $856.72B | $793.37B | $787.88B | $962.89B | $1.03T | $1.30T | $1.40T | $1.41T | $1.43T | $1.47T | $1.38T | $1.29T | $1.38T | $1.27T | $1.20T | $1.25T | $358.85B | $342.71B | $361.46B | $323.43B |
| Total Debt | $265.06B | $286.83B | $279.64B | $273.58B | $282.25B | $272.94B | $296.24B | $298.90B | $303.87B | $303.50B | $303.58B | $290.17B | $302.91B | $340.44B | $327.09B | $330.56B | $334.30B | $664.90B | $708.32B | $296.93B |
| Net Debt | $96.39B | $24.16B | $-15.78B | $-32.51B | $-104.75B | $-61.02B | $28.85B | $12.53B | $-51.49B | $23.92B | $98.74B | $77.74B | $65.45B | $-47.42B | $-54.40B | $-29.17B | $-7.12B | $343.64B | $379.32B | $1.59B |
Annual Cash Flow Statement
| Breakdown | 2019-12-31 | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 |
|---|---|---|---|---|---|
| Net Income | $27.43B | $17.89B | $31.98B | $27.53B | $26.52B |
| Depreciation and Amortization | $1.73B | $1.84B | $1.90B | $1.98B | $2.06B |
| Deferred Income Tax | $2.44B | $-1.74B | $-838.00M | $739.00M | $-2.01B |
| Stock Based Compensation | $1.97B | $2.03B | $2.77B | $2.86B | $2.94B |
| Change in Working Capital | $13.17B | $-326.00M | $-39.92B | $-51.94B | $2.73B |
| Accounts Receivables | $- | $- | $- | $- | $- |
| Inventory | $- | $- | $- | $- | $- |
| Accounts Payables | $- | $- | $- | $- | $- |
| Other Working Capital | $13.17B | $-326.00M | $-39.92B | $-51.94B | $2.73B |
| Other Non Cash Items | $15.04B | $18.29B | $-3.08B | $12.51B | $12.75B |
| Net Cash Provided by Operating Activities | $61.78B | $37.99B | $-7.19B | $-6.33B | $44.98B |
| Investments in Property Plant and Equipment | $- | $- | $- | $- | $- |
| Acquisitions Net | $- | $- | $- | $- | $- |
| Purchases of Investments | $-189.90B | $-452.41B | $-601.13B | $-159.06B | $-291.06B |
| Sales Maturities of Investments | $165.89B | $262.44B | $291.39B | $243.16B | $286.82B |
| Other Investing Activities | $-56.62B | $12.30B | $-3.55B | $-86.63B | $-31.15B |
| Net Cash Used for Investing Activities | $-80.63B | $-177.66B | $-313.29B | $-2.53B | $-35.39B |
| Debt Repayment | $-50.79B | $-47.95B | $-46.83B | $-34.05B | $-20.82B |
| Common Stock Issued | $91.52B | $420.19B | $374.25B | $4.43B | $- |
| Common Stock Repurchased | $-30.71B | $-8.10B | $-27.10B | $-5.73B | $-4.58B |
| Dividends Paid | $-5.93B | $-7.73B | $-8.05B | $-8.58B | $-9.09B |
| Other Financing Activities | $-698.00M | $-601.00M | $-620.00M | $-62.11B | $86.18B |
| Net Cash Used Provided by Financing Activities | $3.38B | $355.82B | $291.65B | $-106.04B | $93.34B |
| Effect of Forex Changes on Cash | $-368.00M | $2.76B | $-3.41B | $-3.12B | $-70.00M |
| Net Change in Cash | $-15.84B | $218.90B | $-32.24B | $-118.02B | $102.87B |
| Cash at End of Period | $161.56B | $380.46B | $348.22B | $230.20B | $333.07B |
| Cash at Beginning of Period | $177.40B | $161.56B | $380.46B | $348.22B | $230.20B |
| Operating Cash Flow | $61.78B | $37.99B | $-7.19B | $-6.33B | $44.98B |
| Capital Expenditure | $- | $- | $- | $- | $- |
| Free Cash Flow | $61.78B | $37.99B | $-7.19B | $-6.33B | $44.98B |
Quarterly Cash Flow Statement
| Breakdown | 2019-12-31 | 2020-03-31 | 2020-06-30 | 2020-09-30 | 2020-12-31 | 2021-03-31 | 2021-06-30 | 2021-09-30 | 2021-12-31 | 2022-03-31 | 2022-06-30 | 2022-09-30 | 2022-12-31 | 2023-03-31 | 2023-06-30 | 2023-09-30 | 2023-12-31 | 2024-03-31 | 2024-06-30 | 2024-09-29 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | $6.99B | $4.01B | $3.53B | $4.88B | $5.47B | $8.05B | $9.22B | $7.69B | $7.01B | $7.07B | $6.25B | $7.08B | $7.13B | $8.16B | $7.41B | $7.80B | $3.14B | $6.67B | $6.90B | $6.90B |
| Depreciation and Amortization | $439.00M | $432.00M | $448.00M | $476.00M | $487.00M | $461.00M | $469.00M | $473.00M | $495.00M | $494.00M | $491.00M | $491.00M | $502.00M | $503.00M | $510.00M | $517.00M | $527.00M | $538.00M | $543.00M | $- |
| Deferred Income Tax | $646.00M | $-229.00M | $-457.00M | $-1.31B | $257.00M | $566.00M | $-2.02B | $306.00M | $313.00M | $47.00M | $39.00M | $534.00M | $119.00M | $-169.00M | $-443.00M | $-828.00M | $-571.00M | $-512.00M | $-371.00M | $- |
| Stock Based Compensation | $479.00M | $543.00M | $534.00M | $520.00M | $434.00M | $853.00M | $610.00M | $568.00M | $737.00M | $739.00M | $792.00M | $704.00M | $627.00M | $794.00M | $832.00M | $588.00M | $728.00M | $865.00M | $845.00M | $- |
| Change in Working Capital | $47.15B | $8.01B | $-15.63B | $-42.45B | $49.75B | $-65.05B | $-17.11B | $1.22B | $41.01B | $-59.99B | $-17.61B | $2.78B | $22.89B | $-23.87B | $91.00M | $3.49B | $23.02B | $-22.91B | $8.87B | $- |
| Accounts Receivables | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Inventory | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Accounts Payables | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Other Working Capital | $47.15B | $8.01B | $-15.63B | $-42.45B | $49.75B | $-65.05B | $-17.11B | $1.22B | $41.01B | $-59.99B | $-17.61B | $2.78B | $22.89B | $-23.87B | $91.00M | $3.49B | $23.02B | $-23.80B | $-1.45B | $- |
| Other Non Cash Items | $3.39B | $6.28B | $8.56B | $5.25B | $-1.80B | $2.79B | $-486.00M | $-461.00M | $-4.92B | $6.22B | $5.00B | $1.56B | $-268.00M | $3.28B | $3.39B | $207.00M | $5.88B | $-1.15B | $3.39B | $-6.90B |
| Net Cash Provided by Operating Activities | $59.10B | $19.04B | $-3.01B | $-32.64B | $54.59B | $-52.33B | $-9.31B | $9.79B | $44.65B | $-45.43B | $-5.05B | $13.15B | $31.00B | $-11.30B | $11.79B | $11.77B | $32.72B | $-15.54B | $18.24B | $- |
| Investments in Property Plant and Equipment | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Acquisitions Net | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Purchases of Investments | $-69.41B | $-25.26B | $-40.98B | $-209.37B | $-176.80B | $-249.00B | $-155.60B | $-110.34B | $-86.19B | $-55.26B | $-61.02B | $-21.80B | $-20.97B | $-19.14B | $-20.20B | $-51.62B | $-200.10B | $-157.73B | $-261.56B | $- |
| Sales Maturities of Investments | $41.34B | $38.62B | $51.31B | $96.63B | $75.89B | $69.30B | $73.07B | $79.95B | $69.07B | $53.49B | $85.88B | $63.02B | $40.77B | $88.62B | $58.58B | $25.40B | $114.21B | $116.73B | $112.81B | $- |
| Other Investing Activities | $-15.21B | $-103.77B | $-98.67B | $167.72B | $47.03B | $66.63B | $-26.08B | $-2.30B | $-41.79B | $-66.64B | $-8.11B | $-6.46B | $-5.42B | $-38.63B | $19.50B | $-33.72B | $21.71B | $-814.00M | $-1.02B | $- |
| Net Cash Used for Investing Activities | $-43.28B | $-90.41B | $-88.35B | $54.98B | $-53.88B | $-113.08B | $-108.61B | $-32.70B | $-58.91B | $-68.41B | $16.74B | $34.76B | $14.38B | $30.85B | $57.88B | $-59.93B | $-64.18B | $-71.32B | $-1.67B | $- |
| Debt Repayment | $-7.95B | $-7.84B | $-13.03B | $-16.25B | $-10.82B | $-13.99B | $-15.25B | $-9.55B | $-8.04B | $-8.24B | $-8.11B | $-8.04B | $-9.66B | $-2.98B | $-5.46B | $-12.35B | $-37.00M | $-5.85B | $-35.16B | $- |
| Common Stock Issued | $5.79B | $179.19B | $144.18B | $5.98B | $90.85B | $135.01B | $73.50B | $65.23B | $100.50B | $2.43B | $2.00B | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Common Stock Repurchased | $-7.95B | $-7.43B | $-286.00M | $-114.00M | $-263.00M | $-4.56B | $-5.09B | $-9.91B | $-7.53B | $-2.65B | $-975.00M | $-450.00M | $-1.65B | $-2.21B | $-550.00M | $-1.00B | $-811.00M | $-2.50B | $-5.39B | $- |
| Dividends Paid | $-1.85B | $-2.08B | $-1.83B | $-1.98B | $-1.83B | $-2.11B | $-1.83B | $-2.15B | $-1.97B | $-2.22B | $-2.00B | $-2.25B | $-2.10B | $-2.35B | $-2.09B | $-2.41B | $-2.23B | $-2.52B | $-2.22B | $- |
| Other Financing Activities | $96.00M | $-679.00M | $106.00M | $-30.00M | $2.00M | $-720.00M | $-17.00M | $41.00M | $76.00M | $54.00B | $-73.58B | $-27.14B | $-10.96B | $127.71B | $-74.52B | $18.69B | $14.30B | $-615.00M | $152.00M | $- |
| Net Cash Used Provided by Financing Activities | $-11.87B | $161.15B | $129.13B | $-12.40B | $77.94B | $113.63B | $51.32B | $43.66B | $83.04B | $40.89B | $-84.65B | $-37.89B | $-24.39B | $126.12B | $-71.69B | $27.63B | $11.29B | $68.66B | $-8.30B | $- |
| Effect of Forex Changes on Cash | $508.00M | $-949.00M | $1.18B | $1.72B | $807.00M | $-2.58B | $526.00M | $-936.00M | $-417.00M | $-1.33B | $-2.97B | $-3.05B | $4.23B | $348.00M | $-640.00M | $-1.29B | $1.51B | $-1.47B | $-1.04B | $- |
| Net Change in Cash | $4.47B | $88.83B | $38.96B | $11.66B | $79.46B | $-54.36B | $-66.07B | $19.82B | $68.37B | $-74.29B | $-75.93B | $6.97B | $25.23B | $146.01B | $-2.67B | $-21.83B | $-18.65B | $-19.67B | $7.23B | $- |
| Cash at End of Period | $161.56B | $250.39B | $289.35B | $301.01B | $380.46B | $326.10B | $260.03B | $279.85B | $348.22B | $273.93B | $198.00B | $204.98B | $230.20B | $376.22B | $373.55B | $351.73B | $333.07B | $313.40B | $320.63B | $320.63B |
| Cash at Beginning of Period | $157.09B | $161.56B | $250.39B | $289.35B | $301.01B | $380.46B | $326.10B | $260.03B | $279.85B | $348.22B | $273.93B | $198.00B | $204.98B | $230.20B | $376.22B | $373.55B | $351.73B | $333.07B | $313.40B | $320.63B |
| Operating Cash Flow | $59.10B | $19.04B | $-3.01B | $-32.64B | $54.59B | $-52.33B | $-9.31B | $9.79B | $44.65B | $-45.43B | $-5.05B | $13.15B | $31.00B | $-11.30B | $11.79B | $11.77B | $32.72B | $-15.54B | $18.24B | $- |
| Capital Expenditure | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Free Cash Flow | $59.10B | $19.04B | $-3.01B | $-32.64B | $54.59B | $-52.33B | $-9.31B | $9.79B | $44.65B | $-45.43B | $-5.05B | $13.15B | $31.00B | $-11.30B | $11.79B | $11.77B | $32.72B | $-15.54B | $18.24B | $- |
Bank of America Dividends
Understand Bank of America's dividend history, dividend yield, payout ratio, and more.
Dividend Yield
3.36%
Dividend Payout Ratio
34.27%
Dividend Paid & Capex Coverage Ratio
4.95x
Bank of America Dividend History
| Dividend | Adjusted Dividend | Date | Record Date | Payment Date | Declaration Date |
|---|---|---|---|---|---|
| $0.26 | $0.26 | December 06, 2024 | December 06, 2024 | December 27, 2024 | October 16, 2024 |
| $0.26 | $0.26 | September 06, 2024 | September 06, 2024 | September 27, 2024 | July 24, 2024 |
| $0.24 | $0.24 | June 07, 2024 | June 07, 2024 | June 28, 2024 | April 25, 2024 |
| $0.24 | $0.24 | February 29, 2024 | March 01, 2024 | March 29, 2024 | January 31, 2024 |
| $0.24 | $0.24 | November 30, 2023 | December 01, 2023 | December 29, 2023 | October 18, 2023 |
| $0.24 | $0.24 | August 31, 2023 | September 01, 2023 | September 29, 2023 | July 19, 2023 |
| $0.22 | $0.22 | June 01, 2023 | June 02, 2023 | June 30, 2023 | April 26, 2023 |
| $0.22 | $0.22 | March 02, 2023 | March 03, 2023 | March 31, 2023 | February 01, 2023 |
| $0.22 | $0.22 | December 01, 2022 | December 02, 2022 | December 30, 2022 | October 19, 2022 |
| $0.22 | $0.22 | September 01, 2022 | September 02, 2022 | September 30, 2022 | July 20, 2022 |
| $0.21 | $0.21 | June 02, 2022 | June 03, 2022 | June 24, 2022 | April 27, 2022 |
| $0.21 | $0.21 | March 03, 2022 | March 04, 2022 | March 25, 2022 | February 02, 2022 |
| $0.21 | $0.21 | December 02, 2021 | December 03, 2021 | December 31, 2021 | October 20, 2021 |
| $0.21 | $0.21 | September 02, 2021 | September 03, 2021 | September 24, 2021 | July 21, 2021 |
| $0.18 | $0.18 | June 03, 2021 | June 04, 2021 | June 25, 2021 | April 22, 2021 |
| $0.18 | $0.18 | March 04, 2021 | March 05, 2021 | March 26, 2021 | January 19, 2021 |
| $0.18 | $0.18 | December 03, 2020 | December 04, 2020 | December 24, 2020 | October 21, 2020 |
| $0.18 | $0.18 | September 03, 2020 | September 04, 2020 | September 25, 2020 | July 22, 2020 |
| $0.18 | $0.18 | June 04, 2020 | June 05, 2020 | June 26, 2020 | April 22, 2020 |
| $0.18 | $0.18 | March 05, 2020 | March 06, 2020 | March 27, 2020 | January 29, 2020 |
Valuation
Analyze the market cap, enterprise value, and valuation metrics for Bank of America.
Market Cap & Enterprise Value
Market Cap: $324.70B
Enterprise Value: $263.21B
Valuation Ratios
P/E Ratio: 10.20
P/B Ratio: 0.93
P/CF Ratio: 6.01
Valuation Multiples
E/V to Sales: 2.75
E/V to EBITDA: 8.67
Market Cap & Enterprise Value
Market capitalization and enterprise value provide an understanding of a company's market value and total value, respectively.
- Market Cap: The total market value of a company's outstanding shares of stock. It represents the company's equity value and is calculated by multiplying the current share price by the total number of outstanding shares.
- Enterprise Value (EV): A measure of a company's total value, often seen as a more comprehensive alternative to equity market capitalization. It includes market cap plus debt, minority interest, and preferred shares, minus total cash and cash equivalents.
Valuation Ratios
Valuation ratios are used to evaluate the value of a company compared to its earnings, book value, and cash flow.
- P/E Ratio: Price to Earnings Ratio, indicating how much investors are willing to pay for a dollar of earnings.
- P/B Ratio: Price to Book Ratio, comparing the company's market value to its book value. A lower ratio may indicate undervaluation.
- P/CF Ratio: Price to Cash Flow Ratio, evaluating the market value relative to the operating cash flow. A lower ratio can signal a more attractive investment.
Valuation Multiples
Valuation multiples help assess a company's value relative to its revenue and earnings.
- EV to Sales: Enterprise Value to Sales, comparing the enterprise value to sales revenue. A lower ratio can indicate a more attractive investment.
- EV to EBITDA: Enterprise Value to EBITDA, comparing the enterprise value to earnings before interest, taxes, depreciation, and amortization. A lower ratio suggests a company may be undervalued.
Bank of America Growth
View income_statement_chart2_annual_data financial growth metrics for Bank of America, including income statement, balance sheet, and cash flow growth.
Income Growth
Revenue Growth: -0.28%
Operating Income Growth: -3.01%
Cash Flow Growth
Net Income Growth: -0.01%
Free Cash Flow Growth: -100.00%
Balance Sheet Growth
Total Assets Growth: 2.03%
Total Liabilities Growth: 2.14%
Income Growth
This section highlights key metrics related to income growth, showing how the company’s revenue and operating income have changed over time:
- Revenue Growth: The increase in a company's sales over time. It is a measure of how quickly the company is growing its revenue. This chart shows the historical trend of revenue growth.
- Operating Income Growth: The growth rate of a company's operating income, which is the income earned from its normal business operations. This chart helps to assess the company's operational efficiency and profitability growth over time.
Cash Flow Growth
This section highlights key metrics on the company's cash flow growth, reflecting changes in net income and free cash flow over time.
- Net Income Growth: The increase in a company's net profit over time. It reflects the company's ability to increase its profitability. This chart provides insight into how the company's bottom line has grown.
- Free Cash Flow Growth: The growth in a company's free cash flow, which is the cash generated by the company after accounting for capital expenditures. This chart is important for understanding the company's financial flexibility and ability to fund operations and growth.
Balance Sheet Growth
This section highlight key metrics related to balance sheet growth, which indicate how the company’s total assets and liabilities have changed over time:
- Total Assets Growth: The rate at which a company's total assets are increasing over time. This chart indicates how the company's asset base is expanding, which can be a sign of growth and investment in future operations.
- Total Liabilities Growth: The rate at which a company's total liabilities are increasing over time. This chart helps to assess the company's financial leverage and risk over time.
Peers: Banks - Diversified
This section provides companies within the same sector, on the same exchange, and of similar market capitalization, allowing comparisons of key financial indicators among peers.
| Company | Market Cap | Price | EPS | P/E Ratio | P/B Ratio |
|---|---|---|---|---|---|
Citigroup Inc.
C
|
$118.93B | $62.89 | $4.78 | $10.76 | $0.48 |
Wells Fargo & Company
WFC
|
$221.26B | $65.01 | $5.19 | $9.48 | $0.98 |
The Toronto-Dominion Bank
TD
|
$99.04B | $56.67 | $5.92 | $13.09 | $1.26 |
Royal Bank of Canada
RY
|
$175.53B | $124.30 | $10.68 | $10.37 | $1.31 |
JPMorgan Chase & Co.
JPM
|
$638.80B | $224.52 | $16.86 | $10.09 | $1.52 |
Nu Holdings Ltd.
NU
|
$68.75B | $14.38 | $0.22 | $38.31 | $6.16 |
HSBC Holdings plc
HSBC
|
$161.57B | $44.46 | $6.04 | $6.71 | $0.85 |
Canadian Imperial Bank of Commerce
CM
|
$58.35B | $62.26 | $5.46 | $8.97 | $0.85 |
Bank of Montreal
BMO
|
$67.34B | $92.32 | $6.15 | $17.03 | $0.97 |
The Bank of Nova Scotia
BNS
|
$64.46B | $52.43 | $6.19 | $9.07 | $0.87 |
Credit Suisse Group AG
CS
|
$3.50B | $0.89 | $-2.81 | $-1.00 | $0.16 |
More metrics for Bank of America
Access more key metrics, financials, ratios, and more with the links below.