BAC:NYE-Bank of America Corporation

COMMON STOCK | Banks - Global |

Last Closing

USD 30.26

Change

+0.09 (+0.30)%

Market Cap

USD 251.57B

Volume

0.06B

Analyst Target

USD 32.78
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

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. As of July 22, 2019, this segment served 66 million consumer and small business clients with approximately 4,300 retail financial centers; 16,600 ATMs; and digital banking. The GWIM segment offers investment management, brokerage, banking, and trust and retirement products; and wealth management solutions targeted to high net worth and ultra high net worth clients, as well as customized solutions to meet clients' wealth structuring, investment management, and trust and banking needs, 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, foreign exchange, fixed-income, and mortgage-related products. Bank of America Corporation was founded in 1874 and is headquartered in Charlotte, North Carolina.

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2019-10-17 )

Largest Industry Peers for Banks - Global

Symbol Name Price(Change) Market Cap
JPM-PF JPMorgan Chase & Co

N/A

N/A
JPM-PD JPMorgan Chase & Co

+0.05 (+0.18%)

USD 368.68B
JPM-PC JPMorgan Chase & Co

+0.09 (+0.32%)

USD 367.30B
JPM JPMorgan Chase & Co

+0.67 (+0.56%)

USD 343.49B
BAC-PL Bank of America Corporation

+4.91 (+0.33%)

USD 289.89B
BML-PG Bank of America Corporation

-0.05 (-0.23%)

USD 282.89B
BAC-PE Bank of America Corporation

N/A

USD 280.20B
BML-PL Bank of America Corporation

+0.01 (+0.04%)

USD 276.12B
BAC-PK Bank of America Corporation

N/A

USD 273.49B
BML-PH Bank of America Corporation

-0.04 (-0.20%)

USD 271.03B

ETFs Containing BAC

VRP Invesco Variable Rate Pre.. 0.00 % 0.50 %

+0.02 (+0.00%)

USD 1.50B
VTV Vanguard Value Index Fund.. 0.00 % 0.04 %

+0.39 (+0.00%)

USD 49.02B
VOOV Vanguard S&P 500 Value In.. 0.00 % 0.15 %

+0.39 (+0.00%)

USD 1.01B
VONV Vanguard Russell 1000 Val.. 0.00 % 0.12 %

+0.34 (+0.00%)

USD 2.33B
VLUE 0.00 % 0.15 %

N/A

N/A
VNLA Janus Henderson Short Dur.. 0.00 % 0.35 %

-0.03 (0.00%)

USD 0.95B
XLF Financial Select Sector S.. 0.00 % 0.13 %

+0.02 (+0.00%)

USD 24.02B
ZBK:CA BMO Equal Weight US Banks.. 0.00 % 0.37 %

-0.22 (0.00%)

CAD 0.72B
DXF:CA Dynamic iShares Active Gl.. 0.00 % 0.86 %

+0.11 (+0.00%)

CAD 0.01B
RUSB:CA RBC Short Term U.S. Corpo.. 0.00 % 0.40 %

-0.08 (0.00%)

CAD 0.18B
CALL 0.00 % 0.68 %

N/A

N/A
CALL:CA Evolve US Banks Enhanced .. 0.00 % 0.68 %

N/A

CAD 1.78M
BANK:CA BMO Global Banks Hedged t.. 0.00 % 0.39 %

N/A

CAD 8.05M
ZVU:CA BMO MSCI USA Value Index .. 0.00 % 0.33 %

N/A

CAD 8.55M
VLU SPDR S&P 1500 Value Tilt .. 0.00 % 0.13 %

+0.38 (+0.00%)

USD 0.02B
VIXH 0.00 % 0.60 %

N/A

N/A
SKF ProShares UltraShort Fina.. 0.00 % 0.95 %

-0.07 (0.00%)

USD 0.02B
SLQD iShares 0-5 Year Investme.. 0.00 % 0.06 %

+0.02 (+0.00%)

USD 1.86B
SHU:CA 0.00 % 0.70 %

N/A

N/A
SEF ProShares Short Financial.. 0.00 % 0.95 %

-0.03 (0.00%)

USD 0.02B
SCHV Schwab U.S. Large-Cap Val.. 0.00 % 0.04 %

+0.12 (+0.00%)

USD 5.98B
SFLA 0.00 % 0.00 %

N/A

N/A
SPLX 0.00 % 0.00 %

N/A

N/A
SPVU Invesco S&P 500 Enhanced .. 0.00 % 0.16 %

+0.14 (+0.00%)

USD 0.06B
UYG ProShares Ultra Financial.. 0.00 % 0.95 %

+0.16 (+0.00%)

USD 0.80B
VFH Vanguard Financials Index.. 0.00 % 0.10 %

+0.14 (+0.00%)

USD 7.43B
USSD 0.00 % 0.33 %

N/A

N/A
THRK 0.00 % 0.10 %

N/A

N/A
SPYV SPDR Portfolio S&P 500 Va.. 0.00 % 0.06 %

+0.09 (+0.00%)

USD 2.86B
GRNB VanEck Vectors Green Bond.. 0.00 % 0.33 %

-0.01 (0.00%)

USD 0.03B
NUSA Nuveen Enhanced Yield 1-5.. 0.00 % 0.20 %

N/A

USD 0.03B
CGVIC 0.00 % 0.00 %

N/A

N/A
IGIB iShares Intermediate-Term.. 0.00 % 0.10 %

+0.01 (+0.00%)

USD 6.64B
IG Principal Investment Grad.. 0.00 % 0.26 %

+0.01 (+0.00%)

USD 0.12B
BVNSC Brandes Value NextShares 0.00 % 0.00 %

N/A

USD 0.05B
PREF 0.00 % 0.55 %

N/A

N/A
HUBL:CA Harvest US Bank Leaders I.. 0.00 % 1.57 %

-0.15 (0.00%)

CAD 3.49M
IGSB iShares Short-Term Corpor.. 0.00 % 0.09 %

+0.01 (+0.00%)

USD 12.44B
USIG iShares Broad USD Investm.. 0.00 % 0.08 %

+0.04 (+0.00%)

USD 3.49B
JIGB JPMorgan Corporate Bond R.. 0.00 % 0.14 %

-0.01 (0.00%)

USD 0.03B
ACZ:CA Middlefield American Core.. 0.00 % 0.00 %

N/A

CAD 0.01B
BFIN:CA Brompton North American F.. 0.00 % 0.96 %

N/A

CAD 0.02B
DRMU:CA Desjardins RI USA - Low C.. 0.00 % 0.29 %

N/A

CAD 6.11M
FCRR:CA Fidelity U.S. Dividend fo.. 0.00 % 0.39 %

N/A

CAD 0.06B
SDGA Impact Shares Sustainable.. 0.00 % 0.00 %

+0.05 (+0.00%)

USD 1.03M
YLDE ClearBridge Dividend Stra.. 0.00 % 0.59 %

+0.05 (+0.00%)

USD 4.59M
EQRR ProShares Equities for Ri.. 0.00 % 0.35 %

-0.13 (0.00%)

USD 3.29M
SPSB SPDR Portfolio Short Term.. 0.00 % 0.08 %

+0.03 (+0.00%)

USD 5.27B
VGFO Virtus WMC Global Factor .. 0.00 % 0.49 %

+0.07 (+0.00%)

USD 5.21M
SPIB SPDR Portfolio Intermedia.. 0.00 % 0.08 %

-0.01 (0.00%)

USD 4.68B
BSCR Invesco BulletShares 2027.. 0.00 % 0.10 %

+0.02 (+0.00%)

USD 0.07B
WUSA 0.00 % 0.33 %

N/A

N/A
BVAL Brand Value ETF 0.00 % 0.65 %

+0.03 (+0.00%)

USD 0.01B
LSST Natixis Loomis Sayles Sho.. 0.00 % 0.38 %

N/A

N/A
SKOR FlexShares Credit-Scored .. 0.00 % 0.22 %

+0.03 (+0.00%)

USD 0.09B
FCVT First Trust SSI Strategic.. 0.00 % 0.95 %

+0.09 (+0.00%)

USD 0.19B
AMCA iShares Russell 1000 Pure.. 0.00 % 0.15 %

+0.23 (+0.00%)

USD 0.01B
ESGG FlexShares STOXX Global E.. 0.00 % 0.42 %

-2.57 (0.00%)

USD 0.08B
ESG FlexShares STOXX US ESG I.. 0.00 % 0.42 %

+0.15 (+0.00%)

USD 0.03B
DFNL Davis Select Financial ET.. 0.00 % 0.64 %

+0.12 (+0.00%)

USD 0.15B
RWW Invesco S&P Financials Re.. 0.00 % 0.46 %

-0.01 (0.00%)

USD 0.03B
RWW Invesco S&P Financials Re.. 0.00 % 0.00 %

-0.01 (0.00%)

USD 0.03B
FINZ ProShares UltraPro Short .. 0.00 % 0.95 %

+0.18 (+0.00%)

USD 1.22M
FLCO Franklin Liberty Investme.. 0.00 % 0.35 %

-0.06 (0.00%)

USD 0.13B
FINU ProShares UltraPro Financ.. 0.00 % 0.95 %

+0.33 (+0.00%)

USD 0.03B
FDVV Fidelity High Dividend ET.. 0.00 % 0.30 %

+0.12 (+0.00%)

USD 0.35B
FCOR Fidelity Corporate Bond E.. 0.00 % 0.42 %

+0.05 (+0.00%)

USD 0.11B
FDRR Fidelity Dividend ETF for.. 0.00 % 0.30 %

+0.10 (+0.00%)

USD 0.37B
FLRN SPDR Bloomberg Barclays I.. 0.00 % 0.15 %

N/A

USD 4.08B
FLTB Fidelity Limited Term Bon.. 0.00 % 0.41 %

N/A

USD 0.12B
GVIP Goldman Sachs Hedge Indus.. 0.00 % 0.45 %

+0.24 (+0.00%)

USD 0.08B
HAZ 0.00 % 1.76 %

N/A

N/A
GTO Invesco Total Return Bond.. 0.00 % 0.50 %

-0.01 (0.00%)

USD 0.07B
GHS 0.00 % 0.48 %

N/A

N/A
FNCL Fidelity MSCI Financials .. 0.00 % 0.08 %

+0.11 (+0.00%)

USD 1.14B
FSF:CA CI First Asset Global Fin.. 0.00 % 1.11 %

N/A

CAD 0.22B
FAZZ 0.00 % 0.45 %

N/A

N/A
FAZ Direxion Daily Financial .. 0.00 % 0.95 %

-0.12 (0.00%)

USD 0.17B
BWV 0.00 % 0.75 %

N/A

N/A
CBND SPDR Bloomberg Barclays C.. 0.00 % 0.16 %

N/A

USD 0.07B
BSCO Invesco BulletShares 2024.. 0.00 % 0.10 %

+0.01 (+0.00%)

USD 0.53B
BSV Vanguard Short-Term Bond .. 0.00 % 0.07 %

+0.01 (+0.00%)

USD 22.39B
BIV Vanguard Intermediate-Ter.. 0.00 % 0.07 %

-0.05 (0.00%)

USD 12.36B
BSCN Invesco BulletShares 2023.. 0.00 % 0.10 %

+0.01 (+0.00%)

USD 0.77B
CLU 0.00 % 0.74 %

N/A

N/A
CLU:CA 0.00 % 0.72 %

N/A

N/A
EXT WisdomTree U.S. Total Ear.. 0.00 % 0.28 %

+0.05 (+0.00%)

USD 0.10B
FAS Direxion Daily Financial .. 0.00 % 1.04 %

+0.19 (+0.00%)

USD 1.44B
EPS WisdomTree U.S. Earnings .. 0.00 % 0.28 %

+0.07 (+0.00%)

USD 0.26B
DHVW 0.00 % 0.10 %

N/A

N/A
CWB SPDR Bloomberg Barclays C.. 0.00 % 0.40 %

+0.18 (+0.00%)

USD 3.88B
HEA.A:CA 0.00 % 1.61 %

N/A

N/A
IBDD iShares iBonds Mar 2023 T.. 0.00 % 0.10 %

+0.08 (+0.00%)

USD 0.08B
PGF Invesco Financial Preferr.. 0.00 % 0.62 %

N/A

USD 1.49B
PGX Invesco Preferred ETF 0.00 % 0.50 %

-0.01 (0.00%)

USD 5.11B
PFIG Invesco Fundamental Inves.. 0.00 % 0.22 %

+0.02 (+0.00%)

USD 0.16B
PFF iShares Preferred and Inc.. 0.00 % 0.46 %

+0.03 (+0.00%)

USD 15.40B
OEW 0.00 % 0.40 %

N/A

N/A
ONEK 0.00 % 0.10 %

N/A

N/A
PWV Invesco Dynamic Large Cap.. 0.00 % 0.55 %

+0.08 (+0.00%)

USD 0.97B
QLTA iShares Aaa - A Rated Cor.. 0.00 % 0.15 %

+0.09 (+0.00%)

USD 0.35B
RWW Invesco S&P Financials Re.. 0.00 % 0.69 %

-0.01 (0.00%)

USD 0.03B
RWW Invesco S&P Financials Re.. 0.00 % 0.46 %

-0.01 (0.00%)

USD 0.03B
RWW Invesco S&P Financials Re.. 0.00 % 0.00 %

-0.01 (0.00%)

USD 0.03B
ROLA 0.00 % 0.00 %

N/A

N/A
RFCI RiverFront Dynamic Core I.. 0.00 % 0.51 %

-0.05 (0.00%)

USD 0.16B
MGV Vanguard Mega Cap Value I.. 0.00 % 0.07 %

+0.28 (+0.00%)

USD 2.50B
LQD iShares iBoxx $ Investmen.. 0.00 % 0.15 %

+0.18 (+0.00%)

USD 36.89B
IVE iShares S&P 500 Value ETF 0.00 % 0.18 %

+0.40 (+0.00%)

USD 15.50B
IWD iShares Russell 1000 Valu.. 0.00 % 0.19 %

+0.40 (+0.00%)

USD 43.70B
IUSV iShares Core S&P U.S. Val.. 0.00 % 0.04 %

+0.21 (+0.00%)

USD 5.67B
IBDQ iShares iBonds Dec 2025 T.. 0.00 % 0.10 %

+0.01 (+0.00%)

USD 0.45B
IBDO iShares iBonds Dec 2023 T.. 0.00 % 0.10 %

+0.01 (+0.00%)

USD 0.75B
IBDP iShares iBonds Dec 2024 T.. 0.00 % 0.10 %

+0.03 (+0.00%)

USD 0.52B
IXG iShares Global Financials.. 0.00 % 0.46 %

+0.22 (+0.00%)

USD 0.35B
IWX iShares Russell Top 200 V.. 0.00 % 0.20 %

+0.12 (+0.00%)

USD 0.51B
JKD iShares Morningstar Large.. 0.00 % 0.20 %

+0.55 (+0.00%)

USD 0.83B
KBWB Invesco KBW Bank ETF 0.00 % 0.35 %

-0.06 (0.00%)

USD 0.56B
JHMF John Hancock Multifactor .. 0.00 % 0.47 %

+0.04 (+0.00%)

USD 0.05B
IYF iShares U.S. Financials E.. 0.00 % 0.42 %

+0.26 (+0.00%)

USD 1.73B
IYG iShares U.S. Financial Se.. 0.00 % 0.42 %

+0.31 (+0.00%)

USD 1.24B
ALFA 0.00 % 0.65 %

N/A

N/A

Market Performance

  Market Performance vs. Industry/Classification (Banks - Global) Market Performance vs. Exchange
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 22.81% 90% A- 77% C+
Dividend Return 1.95% 11% F 46% F
Total Return 24.76% 90% A- 76% C
Trailing 12 Months  
Capital Gain 4.71% 90% A- 57% F
Dividend Return 2.18% 22% F 43% F
Total Return 6.89% 81% B- 56% F
Trailing 5 Years  
Capital Gain 86.67% 94% A 87% B+
Dividend Return 11.78% 28% F 41% F
Total Return 98.46% 94% A 86% B
Average Annual (5 Year Horizon)  
Capital Gain 18.02% 100% A+ 90% A-
Dividend Return 19.74% 100% A+ 90% A-
Total Return 1.72% 24% F 38% F
Risk Return Profile  
Volatility (Standard Deviation) 31.71% 9% F 17% F
Risk Adjusted Return 62.24% 82% B- 70% C-
Market Capitalization 251.57B 74% C 99% A+

Annual Financials (USD)

Quarterly Financials (USD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
Superior risk adjusted returns

This stock has performed well, on a risk adjusted basis, compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile.

High dividend returns

The stock has outperformed its sector peers on average annual dividend returns basis in the past 5 years (for a hold period of at least 12 months) and is in the top quartile. This can be a good buy, especially if it is outperforming on total return basis , for investors seeking high income yields.

Low debt

The company is less leveraged than its peers ,, and is among the top quartile, which makes it more flexible. However, do check the news and look at its sector. Sometimes this is low because the company is not growing and has no growth potential.

Positive cash flow

The company had positive total cash flow in the most recent four quarters.

Positive free cash flow

The company had positive total free cash flow in the most recent four quarters.

Superior Earnings Growth

This stock has shown top quartile earnings growth in the previous 5 years compared to its sector.

Superior Revenue Growth

This stock has shown top quartile revenue growth in the previous 5 years compared to its sector.

Superior Dividend Growth

This stock has shown top quartile dividend growth in the previous 5 years compared to its sector

What to not like:
High volatility

The total returns for this company are volatile and above median for its sector over the past 5 years. Make sure you have the risk tolerance for investing in such stock.

Below median total returns

The company has under performed its peers on annual average total returns in the past 5 years.

Overpriced compared to earnings

The stock is trading high compared to its peers on a price to earning basis and is above the sector median.

Overpriced compared to book value

The stock is trading high compared to its peers median on a price to book value basis.

Poor return on equity

The company management has delivered below median return on equity in the most recent 4 quarters compared to its peers.

Overpriced on free cash flow basis

The stock is trading high compared to its peers on a price to free cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.