BAC:NYE-Bank of America Corporation (USD)

EQUITY | Banks - Diversified | New York Stock Exchange

Last Closing

USD 40.31

Change

-0.97 (-2.35)%

Market Cap

USD 205.13B

Volume

0.05B

Analyst Target

USD 28.69
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

Bank of America Corporation is a bank holding and a financial holding company. Through its subsidiaries, the Company provides banking and non-banking financial services and products throughout the United States and in selected international markets.

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2024-07-31 )

Largest Industry Peers for Banks - Diversified

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

N/A

USD 335.20B
JPM-PC JPMorgan Chase & Co

N/A

USD 333.45B
BML-PH Bank of America Corporation

N/A

USD 311.84B
BML-PG Bank of America Corporation

N/A

USD 310.17B
BML-PL Bank of America Corporation

N/A

USD 299.04B
BAC-PE Bank of America Corporation

N/A

USD 293.38B
BML-PJ Bank of America Corporation

N/A

USD 278.71B
BAC-PB Bank of America Corporation

N/A

USD 253.28B
BAC-PK Bank of America Corporation

N/A

USD 251.52B
BAC-PL Bank of America Corporation

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USD 241.31B

ETFs Containing BAC

DXF:CA Dynamic Active Global Fin.. 10.13 % 0.86 %

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CAD 0.01B
FTXO First Trust Nasdaq Bank E.. 8.00 % 0.60 %

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USD 0.11B
KBWB Invesco KBW Bank ETF 7.87 % 0.35 %

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USD 1.83B
BNKS:AU BetaShares Global Banks C.. 7.76 % 0.00 %

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USD 0.04B
IUS2:XETRA iShares S&P U.S. Banks UC.. 6.98 % 0.00 %

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USD 0.33B
FINU 6.80 % 0.95 %

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CALL-B:CA Evolve US Banks Enhanced .. 6.61 % 0.00 %

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ZBK:CA BMO Equal Weight US Banks.. 6.08 % 0.37 %

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CAD 0.75B
CALL-U:CA Evolve US Banks Enhanced .. 6.06 % 0.00 %

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BFIN:CA Brompton North American F.. 5.41 % 0.96 %

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CAD 0.06B
GXLF:LSE SPDR® S&P® U.S. Financi.. 4.75 % 0.00 %

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XUSF:CA iShares S&P U.S. Financia.. 4.74 % 0.00 %

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BQGE:F Ossiam Lux Barclays Quant.. 4.66 % 0.00 %

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GABF Gabelli Financial Service.. 4.58 % 0.00 %

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USD 0.03B
XUFN:SW Xtrackers MSCI USA Financ.. 4.50 % 0.00 %

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USD 1.03B
XLF Financial Select Sector S.. 4.39 % 0.13 %

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USD 45.58B
XUFN:XETRA db x-trackers MSCI USA Fi.. 4.37 % 0.00 %

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USD 1.16B
QDVH:XETRA iShares S&P 500 Financial.. 4.34 % 0.00 %

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USD 1.12B
XAIX:XETRA Xtrackers Artificial Inte.. 4.34 % 0.00 %

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USD 2.91B
XAIX:SW Xtrackers Artificial Inte.. 4.34 % 0.00 %

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USD 3.71B
IUFS:SW iShares S&P 500 Financial.. 4.25 % 0.00 %

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USD 1.44B
ZPDF:XETRA SPDR S&P U.S. Financials .. 4.25 % 0.00 %

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USD 0.36B
SXLF:SW SPDR S&P U.S. Financials .. 4.25 % 0.00 %

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BAMV 4.11 % 0.00 %

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FSF:CA CI Global Financial Secto.. 3.91 % 1.11 %

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CAD 0.46B
FNCL Fidelity® MSCI Financial.. 3.88 % 0.08 %

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USD 1.83B
ZWH:CA BMO US High Dividend Cove.. 3.84 % 0.71 %

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CAD 1.06B
VFH Vanguard Financials Index.. 3.82 % 0.10 %

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USD 10.24B
XAIX:F Xtrackers IE PLC - Xtrack.. 3.81 % 0.00 %

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WDFE:SW Invesco Markets II plc - .. 3.77 % 0.00 %

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USD 2.70M
WF1E:XETRA Invesco Markets II plc - .. 3.70 % 0.00 %

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USD 2.70M
PVAL Putnam Focused Large Cap .. 3.55 % 0.29 %

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USD 1.31B
PJFV PGIM ETF Trust - PGIM Jen.. 3.53 % 0.00 %

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HESG:CA 3.50 % 0.00 %

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PWV Invesco Dynamic Large Cap.. 3.44 % 0.55 %

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USD 1.01B
WELK:XETRA Amundi S&P Global Financi.. 3.10 % 0.00 %

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WELY:XETRA Amundi S&P Global Financi.. 3.10 % 0.00 %

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RUDC:CA RBC U.S. Dividend Covered.. 2.97 % 0.00 %

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FNCW:LSE SPDR® MSCI World Financi.. 2.88 % 0.00 %

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XWFS:LSE Xtrackers MSCI World Fina.. 2.87 % 0.00 %

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BUSA 2.65 % 0.00 %

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XSXD:LSE Xtrackers S&P 500 Swap UC.. 2.65 % 0.00 %

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XSXG:LSE Xtrackers S&P 500 Swap UC.. 2.65 % 0.00 %

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S5EE:LSE UBS (Irl) ETF plc - S&P 5.. 2.64 % 0.00 %

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USD 0.33B
FOVL iShares Focused Value Fac.. 2.61 % 0.25 %

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USD 0.02B
WFIN:SW SPDR MSCI World Financial.. 2.60 % 0.00 %

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XDWF:XETRA Xtrackers MSCI World Fina.. 2.59 % 0.00 %

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USD 0.41B
S5EG:LSE UBS (Irl) ETF plc - S&P 5.. 2.58 % 0.00 %

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USD 0.01B
HEA:CA 2.54 % 0.00 %

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AW1C:XETRA UBS (Irl) ETF plc - S&P 5.. 2.50 % 0.00 %

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USD 0.03B
SPESGE:SW UBS (Irl) ETF plc - S&P 5.. 2.50 % 0.00 %

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USD 0.33B
FMIL 2.40 % 0.00 %

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FFLV 2.34 % 0.00 %

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FYLG Global X Funds - Global X.. 2.25 % 0.00 %

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JAVA JPMorgan Active Value ETF 2.20 % 0.00 %

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USD 1.66B
VLUE 2.05 % 0.15 %

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SNPV 2.02 % 0.00 %

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ZVU:CA BMO MSCI USA Value ETF 2.00 % 0.33 %

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CAD 0.06B
QDVI:XETRA iShares Edge MSCI USA Val.. 1.93 % 0.00 %

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USD 2.09B
IUVL:SW iShares Edge MSCI USA Val.. 1.93 % 0.00 %

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USD 1.93B
IWX iShares Russell Top 200 V.. 1.74 % 0.20 %

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USD 3.25B
PHE:CA Purpose Tactical Hedged E.. 1.71 % 0.95 %

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CAD 4.00M
FELV Fidelity Covington Trust 1.63 % 0.00 %

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USD 2.00B
EPS WisdomTree U.S. Earnings .. 1.58 % 0.28 %

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USD 1.01B
VLU SPDR® S&P 1500 Value Til.. 1.45 % 0.13 %

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USD 0.39B
DFUV Dimensional US Marketwide.. 1.37 % 0.00 %

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USD 11.48B
VOOV Vanguard S&P 500 Value In.. 1.26 % 0.15 %

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USD 5.25B
IUSV iShares Core S&P U.S. Val.. 1.26 % 0.04 %

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USD 19.52B
PFT:SW Invesco FTSE RAFI US 1000.. 1.22 % 0.00 %

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USD 0.45B
GVUS Goldman Sachs ETF Trust 1.13 % 0.00 %

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USD 0.51B
VONV Vanguard Russell 1000 Val.. 1.11 % 0.12 %

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USD 9.47B
WOEE:LSE iShares World Equity Enha.. 1.09 % 0.00 %

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USD 0.01B
VRVIX Vanguard Russell 1000 Val.. 1.07 % 0.00 %

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USD 9.85B
WOEE:XETRA iShares World Equity Enha.. 1.04 % 0.00 %

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USD 0.01B
VHYL:SW Vanguard FTSE All-World H.. 0.93 % 0.00 %

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VHYG:LSE Vanguard FTSE All-World H.. 0.93 % 0.00 %

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PSWD:XETRA Invesco FTSE RAFI All Wor.. 0.60 % 0.00 %

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USD 0.06B
PSRW:SW Invesco FTSE RAFI All Wor.. 0.60 % 0.00 %

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USD 0.07B
DBND DoubleLine Opportunistic .. 0.56 % 0.00 %

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USD 0.34B
AGGY WisdomTree Yield Enhanced.. 0.00 % 0.12 %

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USD 0.93B
BND Vanguard Total Bond Marke.. 0.00 % 0.04 %

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BSCK 0.00 % 0.10 %

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BWV 0.00 % 0.75 %

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CBND 0.00 % 0.16 %

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CLU 0.00 % 0.74 %

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CLU:CA 0.00 % 0.72 %

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DEW WisdomTree Global High Di.. 0.00 % 0.58 %

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DHVW 0.00 % 0.10 %

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EXT 0.00 % 0.28 %

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FAS Direxion Daily Financial .. 0.00 % 1.04 %

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FAZ Direxion Daily Financial .. 0.00 % 0.95 %

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FBU:CA 0.00 % 0.84 %

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FCOR Fidelity® Corporate Bond.. 0.00 % 0.42 %

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FINZ 0.00 % 0.95 %

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FLCO Franklin Liberty Investme.. 0.00 % 0.35 %

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FLTR VanEck Investment Grade F.. 0.00 % 0.14 %

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GHS 0.00 % 0.48 %

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HAZ 0.00 % 1.76 %

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HEA.A:CA 0.00 % 1.61 %

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HOLD 0.00 % 0.35 %

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IBDQ iShares iBonds Dec 2025 T.. 0.00 % 0.10 %

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USD 2.82B
IVE iShares S&P 500 Value ETF 0.00 % 0.18 %

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IWD iShares Russell 1000 Valu.. 0.00 % 0.19 %

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IXG iShares Global Financials.. 0.00 % 0.46 %

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IYF iShares U.S. Financials E.. 0.00 % 0.42 %

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IYG iShares U.S. Financial Se.. 0.00 % 0.42 %

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LQD iShares iBoxx $ Investmen.. 0.00 % 0.15 %

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MTUM 0.00 % 0.15 %

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OEW 0.00 % 0.40 %

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ONEK 0.00 % 0.10 %

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PFF iShares Preferred and Inc.. 0.00 % 0.46 %

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PFIG Invesco Fundamental Inves.. 0.00 % 0.22 %

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PRF Invesco FTSE RAFI US 1000.. 0.00 % 0.39 %

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QLTA iShares Aaa - A Rated Cor.. 0.00 % 0.15 %

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USD 1.49B
RALS 0.00 % 0.95 %

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AMCA 0.00 % 0.15 %

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FIXD First Trust TCW Opportuni.. 0.00 % 0.55 %

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USD 5.45B
BVNSC 0.00 % 0.00 %

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IG Principal Exchange-Traded.. 0.00 % 0.26 %

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USD 0.09B
USIG iShares Broad USD Investm.. 0.00 % 0.08 %

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USD 12.29B
SDGA 0.00 % 0.00 %

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IMFP 0.00 % 0.15 %

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ZWH-U:CA BMO US High Dividend Cove.. 0.00 % 0.00 %

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HEA-U:CA 0.00 % 0.00 %

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PHE-B:CA Purpose Fund Corp. - Purp.. 0.00 % 0.00 %

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CAD 0.02B
HUBL-U:CA Harvest US Bank Leaders I.. 0.00 % 0.00 %

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BNKS:LSE iShares S&P U.S. Banks ET.. 0.00 % 0.00 %

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ROLA 0.00 % 0.00 %

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SEF ProShares Short Financial.. 0.00 % 0.95 %

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SFLA 0.00 % 0.00 %

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SHU:CA 0.00 % 0.70 %

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SKF ProShares UltraShort Fina.. 0.00 % 0.95 %

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SLQD iShares 0-5 Year Investme.. 0.00 % 0.06 %

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USD 2.10B
SPFF Global X SuperIncome Pref.. 0.00 % 0.58 %

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SPLX 0.00 % 0.00 %

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SPYV SPDR® Portfolio S&P 500 .. 0.00 % 0.06 %

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THRK 0.00 % 0.10 %

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USSD 0.00 % 0.33 %

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UYG ProShares Ultra Financial.. 0.00 % 0.95 %

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VIXH 0.00 % 0.60 %

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VNLA Janus Henderson Short Dur.. 0.00 % 0.35 %

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USD 2.23B
VYM Vanguard High Dividend Yi.. 0.00 % 0.06 %

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NUSA Nuveen Enhanced Yield 1-5.. 0.00 % 0.20 %

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USD 0.03B
TERM 0.00 % 0.64 %

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HTRB Hartford Total Return Bon.. 0.00 % 0.38 %

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USD 1.88B
IUFS:LSE iShares S&P 500 Financial.. 0.00 % 0.00 %

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USD 1.12B
IUVD:LSE iShares Edge MSCI USA Val.. 0.00 % 0.00 %

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USD 0.11B
IUVF:LSE iShares Edge MSCI USA Val.. 0.00 % 0.00 %

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USD 1.95B
IUVL:LSE iShares Edge MSCI USA Val.. 0.00 % 0.00 %

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USD 1.95B
OPEN:LSE iShares Thomson Reuters I.. 0.00 % 0.00 %

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PRUS:LSE Invesco Markets III plc -.. 0.00 % 0.00 %

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USD 0.45B
PSRF:LSE Invesco Markets III plc -.. 0.00 % 0.00 %

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USD 0.45B
PSRW:LSE Invesco FTSE RAFI All Wor.. 0.00 % 0.00 %

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USD 0.07B
GENE:LSE UBS (Irl) ETF Public Limi.. 0.00 % 0.00 %

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SXLF:LSE SPDR S&P U.S. Financials .. 0.00 % 0.00 %

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UC07:LSE UBS (Irl) plc - MSCI USA .. 0.00 % 0.00 %

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UIFS:LSE iShares S&P 500 USD Finan.. 0.00 % 0.00 %

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USD 1.54B
WFIN:LSE SPDR® MSCI World Financi.. 0.00 % 0.00 %

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XMUD:LSE Xtrackers - MSCI USA Swap.. 0.00 % 0.00 %

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XMUS:LSE Xtrackers MSCI USA Swap U.. 0.00 % 0.00 %

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XNID:LSE Xtrackers Nifty 50 Swap U.. 0.00 % 0.00 %

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USD 292,109.69B
XNIF:LSE Xtrackers Nifty 50 Swap U.. 0.00 % 0.00 %

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USD 0.27B
XUKS:LSE db x-trackers FTSE 100 Sh.. 0.00 % 0.00 %

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USD 7.28M
XDWF:LSE db x-trackers MSCI World .. 0.00 % 0.00 %

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XSFN:LSE db x-trackers MSCI USA Fi.. 0.00 % 0.00 %

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USD 1.03B
XUFN:LSE db x-trackers MSCI USA Fi.. 0.00 % 0.00 %

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USD 1.03B
FLDR 0.00 % 0.00 %

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PFT:PA Invesco FTSE RAFI US 1000.. 0.00 % 0.00 %

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USD 0.45B
PSRW:PA Invesco FTSE RAFI All Wor.. 0.00 % 0.00 %

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USD 0.07B
6PSA:F Invesco Markets III plc -.. 0.00 % 0.00 %

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USD 0.50B
PSWD:F Invesco FTSE RAFI All Wor.. 0.00 % 0.00 %

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QDVH:F iShares S&P 500 Financial.. 0.00 % 0.00 %

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QDVI:F iShares IV Public Limited.. 0.00 % 0.00 %

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XDWF:F Xtrackers (IE) Public Lim.. 0.00 % 0.00 %

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USD 0.41B
XUFN:F Xtrackers (IE) Public Lim.. 0.00 % 0.00 %

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USD 1.16B
ZPDF:F SPDR S&P U.S. Financials .. 0.00 % 0.00 %

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USD 0.36B
6PSA:XETRA Invesco Markets III plc -.. 0.00 % 0.00 %

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USD 0.50B
RUBY-U:CA RBC U.S. Banks Yield Inde.. 0.00 % 0.00 %

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REVS Columbia Research Enhance.. 0.00 % 0.00 %

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USD 0.07B
QMJ 0.00 % 0.00 %

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VTRN 0.00 % 0.00 %

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ESCR 0.00 % 0.00 %

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FIGB Fidelity Investment Grade.. 0.00 % 0.00 %

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USD 0.14B
PFIX Simplify Interest Rate He.. 0.00 % 0.00 %

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USD 0.01B
ZACE:CA BMO U.S. All Cap Equity F.. 0.00 % 0.00 %

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CAD 0.03B
USCC:CA Global X S&P 500 Covered .. 0.00 % 0.00 %

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CAD 0.14B

Market Performance

  Market Performance vs. Industry/Classification (Banks - Diversified) Market Performance vs. Exchange (New York Stock Exchange)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 19.72% 81% B- 86% B+
Dividend Return 1.43% 7% C- 37% F
Total Return 21.15% 81% B- 86% B+
Trailing 12 Months  
Capital Gain 29.24% 81% B- 87% B+
Dividend Return 3.08% 7% C- 46% F
Total Return 32.32% 77% C+ 88% B+
Trailing 5 Years  
Capital Gain 37.20% 73% C 67% D+
Dividend Return 14.02% 21% F 55% F
Total Return 51.23% 67% D+ 67% D+
Average Annual (5 Year Horizon)  
Capital Gain 9.78% 76% C+ 69% C-
Dividend Return 12.29% 67% D+ 69% C-
Total Return 2.51% 14% F 53% F
Risk Return Profile  
Volatility (Standard Deviation) 37.26% 26% F 26% F
Risk Adjusted Return 32.97% 50% F 53% F
Market Capitalization 205.13B 91% A- 100% F

Key Financial Ratios

  Ratio vs. Industry/Classification (Banks - Diversified) Ratio vs. Market (New York Stock Exchange)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
Market Value  
Price / Earning Ratio 11.10 15% 60%
Price/Book Ratio 1.07 40% 67%
Price / Cash Flow Ratio 7.13 14% 50%
Price/Free Cash Flow Ratio N/A N/A N/A
Management Effectiveness  
Return on Equity 8.50% 18% 54%
Return on Invested Capital 4.41% 18% 43%
Return on Assets 0.77% 18% 32%
Debt to Equity Ratio 103.62% 58% 34%

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:
High market capitalization

This is one of the largest entities in its sector and is among the top quartile. Such companies tend to be more stable.

Positive cash flow

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

What to not like:
Poor risk adjusted returns

This company is delivering below median risk adjusted returns in its peers. Even if it is outperforming on returns , the returns are unpredictable. Proceed with caution.

Poor return on assets

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

Poor capital utilization

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

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 cashflow basis

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

Overpriced compared to book value

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

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.

Below median total returns

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

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.

Low Earnings Growth

This stock has shown below median earnings growth in the previous 5 years compared to its sector

Low Revenue Growth

This stock has shown below median revenue growth in the previous 5 years compared to its sector