BAC:NYE-Bank of America Corporation

COMMON STOCK | Banks - Global |

Last Closing

USD 27.03

Change

0.00 (0.00)%

Market Cap

USD -1,799,700,480.00

Volume

0.07B

Analyst Target

USD 33.57
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)

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Relative Returns (From:    To: 2019-08-18 )

Largest Industry Peers for Banks - Global

Symbol Name Price(Change) Market Cap
BAC-PB Bank of America Corporation

N/A

USD 2.08B
BMO Bank of Montreal

N/A

USD 1.93B
MUFG Mitsubishi UFJ Financial Group..

N/A

USD 1.77B
C Citigroup Inc

N/A

USD 1.67B
BAC-PY Bank of America Corporation

N/A

USD 1.60B
BNS The Bank of Nova Scotia

N/A

USD 1.56B
NTB The Bank of N.T. Butterfield &..

N/A

USD 1.48B
BML-PL Bank of America Corporation

N/A

USD 1.47B
WBK Westpac Banking Corporation

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USD 1.34B
C-PS Citigroup Inc

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USD 1.32B

ETFs Containing BAC

DXF:CA Dynamic iShares Active Gl.. 10.13 % 0.86 %

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CAD 0.01B
BANK:CA BMO Global Banks Hedged t.. 9.77 % 0.39 %

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CAD 8.05M
IYG iShares U.S. Financial Se.. 8.65 % 0.42 %

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USD 1.24B
KBWB Invesco KBW Bank ETF 8.31 % 0.35 %

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USD 0.56B
XLF Financial Select Sector S.. 8.26 % 0.13 %

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USD 24.02B
FNCL Fidelity MSCI Financials .. 7.09 % 0.08 %

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USD 1.14B
RWW Invesco S&P Financials Re.. 7.05 % 0.46 %

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USD 0.03B
RWW Invesco S&P Financials Re.. 7.05 % 0.46 %

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USD 0.03B
VFH Vanguard Financials Index.. 6.86 % 0.10 %

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USD 7.43B
ZWK:CA BMO Covered Call US Banks.. 6.85 % 0.00 %

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CAD 0.01B
FINU ProShares UltraPro Financ.. 6.85 % 0.00 %

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USD 0.03B
ZBK:CA BMO Equal Weight US Banks.. 5.38 % 0.37 %

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CAD 0.72B
CALL:CA Evolve US Banks Enhanced .. 5.35 % 0.68 %

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CAD 1.78M
CALL.B:CA 5.18 % 0.68 %

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BFIN:CA Brompton North American F.. 5.00 % 0.96 %

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CAD 0.02B
WBIE WBI BullBear Rising Incom.. 4.79 % 1.05 %

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USD 0.06B
SPVU Invesco S&P 500 Enhanced .. 4.77 % 0.16 %

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USD 0.06B
IYF iShares U.S. Financials E.. 4.76 % 0.42 %

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USD 1.73B
DFNL Davis Select Financial ET.. 4.63 % 0.64 %

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USD 0.15B
SDGA Impact Shares Sustainable.. 4.60 % 0.00 %

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USD 1.03M
FTXO First Trust Nasdaq Bank E.. 4.12 % 0.60 %

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USD 0.15B
IXG iShares Global Financials.. 4.03 % 0.46 %

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USD 0.35B
WUSA 3.99 % 0.33 %

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ACZ:CA Middlefield American Core.. 3.76 % 0.00 %

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CAD 0.01B
JHMF John Hancock Multifactor .. 3.68 % 0.47 %

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USD 0.05B
SHU:CA 3.64 % 0.70 %

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EZY 3.62 % 0.38 %

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ZIG The Acquirers Fund ETF 3.57 % 0.00 %

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USD 6.99M
PWV Invesco Dynamic Large Cap.. 3.51 % 0.55 %

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USD 0.97B
FAS Direxion Daily Financial .. 3.45 % 1.04 %

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USD 1.44B
JKD iShares Morningstar Large.. 3.35 % 0.20 %

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USD 0.83B
AMCA iShares Russell 1000 Pure.. 3.33 % 0.15 %

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USD 0.01B
EQRR ProShares Equities for Ri.. 3.15 % 0.35 %

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USD 3.29M
VLUE 3.08 % 0.15 %

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ZVU:CA BMO MSCI USA Value Index .. 3.08 % 0.33 %

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CAD 8.55M
IWX iShares Russell Top 200 V.. 2.93 % 0.20 %

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USD 0.51B
HEA.A:CA 2.87 % 1.61 %

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YLDE ClearBridge Dividend Stra.. 2.79 % 0.59 %

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USD 4.59M
HAZ.A:CA 2.71 % 1.76 %

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FDVV Fidelity High Dividend ET.. 2.53 % 0.30 %

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USD 0.35B
MGV Vanguard Mega Cap Value I.. 2.48 % 0.07 %

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USD 2.50B
SPYV SPDR Portfolio S&P 500 Va.. 2.35 % 0.06 %

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USD 2.86B
IVE iShares S&P 500 Value ETF 2.35 % 0.18 %

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USD 15.50B
NACP Impact Shares NAACP Minor.. 2.33 % 0.00 %

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USD 2.22M
SCHV Schwab U.S. Large-Cap Val.. 2.30 % 0.04 %

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USD 5.98B
RFDA RiverFront Dynamic US Div.. 2.28 % 0.52 %

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USD 0.13B
VOOV Vanguard S&P 500 Value In.. 2.26 % 0.15 %

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USD 1.01B
IUSV iShares Core S&P U.S. Val.. 2.19 % 0.04 %

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USD 5.67B
GVIP Goldman Sachs Hedge Indus.. 2.16 % 0.45 %

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USD 0.08B
EPS WisdomTree U.S. Earnings .. 2.16 % 0.28 %

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USD 0.26B
ESG FlexShares STOXX US ESG I.. 2.10 % 0.42 %

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USD 0.03B
WOMN Impact Shares YWCA Women'.. 2.08 % 0.00 %

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USD 4.12M
VTV Vanguard Value Index Fund.. 1.96 % 0.04 %

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USD 49.02B
EXT WisdomTree U.S. Total Ear.. 1.94 % 0.28 %

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USD 0.10B
IWD iShares Russell 1000 Valu.. 1.93 % 0.19 %

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USD 43.70B
FDRR Fidelity Dividend ETF for.. 1.89 % 0.30 %

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USD 0.37B
VONV Vanguard Russell 1000 Val.. 1.85 % 0.12 %

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USD 2.33B
FCRR:CA Fidelity U.S. Dividend fo.. 1.76 % 0.39 %

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CAD 0.06B
VLU SPDR S&P 1500 Value Tilt .. 1.68 % 0.13 %

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USD 0.02B
KBE SPDR S&P Bank ETF 1.63 % 0.35 %

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USD 1.80B
ESGG FlexShares STOXX Global E.. 1.60 % 0.42 %

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USD 0.08B
RYF Invesco S&P 500 Equal Wei.. 1.55 % 0.40 %

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USD 0.28B
DHVW 1.44 % 0.10 %

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SPXT ProShares S&P 500 ex-Tech.. 1.40 % 0.27 %

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USD 3.31M
USSD 1.39 % 0.33 %

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USDY 1.34 % 0.00 %

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CLU.C:CA 1.25 % 0.74 %

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CLU:CA 1.25 % 0.72 %

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PRF Invesco FTSE RAFI US 1000.. 1.24 % 0.39 %

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USD 5.51B
VGFO Virtus WMC Global Factor .. 1.24 % 0.49 %

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USD 5.21M
OEW 1.12 % 0.40 %

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DEF Invesco Defensive Equity .. 1.07 % 0.59 %

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USD 0.24B
UYG ProShares Ultra Financial.. 0.00 % 0.95 %

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USD 0.80B
LOWC SPDR MSCI ACWI Low Carbon.. 0.00 % 0.20 %

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USD 0.07B
URTH iShares MSCI World ETF 0.00 % 0.24 %

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USD 0.63B
TOK iShares MSCI Kokusai ETF 0.00 % 0.25 %

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USD 0.14B

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 9.70% 86% B 53% F
Dividend Return 1.22% 6% F 36% F
Total Return 10.92% 71% C- 52% F
Trailing 12 Months  
Capital Gain -12.07% 81% B- 34% F
Dividend Return 1.95% 22% F 38% F
Total Return -10.12% 67% D+ 33% F
Trailing 5 Years  
Capital Gain 74.95% 94% A 88% B+
Dividend Return 11.52% 28% F 44% F
Total Return 86.47% 94% A 87% B+
Average Annual (5 Year Horizon)  
Capital Gain 18.16% 100% A+ 91% A-
Dividend Return 19.85% 100% A+ 91% A-
Total Return 1.69% 24% F 37% F
Risk Return Profile  
Volatility (Standard Deviation) 31.63% 9% F 17% F
Risk Adjusted Return 62.76% 91% A- 71% C-
Market Capitalization -1,799,700,480.00 7% F 3% F

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:
Low market capitalization

This is among the smaller entities in its sectors with below median market capitalization. That may make it less stable in the long run unless it has a unique technology or market which can help it grow or get acquired in future.

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.