BAC-PK:NYE-Bank of America Corporation (USD)

PREFERRED STOCK | Banks - Diversified |

Last Closing

USD 25.32

Change

-0.02 (-0.08)%

Market Cap

USD 254.23B

Volume

0.03M

Analyst Target

N/A
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 four segments: Consumer Banking, Global Wealth & Investment Management (GWIM), Global Banking, and Global Markets. The Consumer Banking segment offers traditional and money market savings accounts, certificates of deposit and IRAs, non-interest and interest-bearing checking accounts, and investment accounts and products; credit and debit cards; residential mortgages, and home equity loans; and direct and indirect loans, such as automotive, recreational vehicle, and consumer personal loans. The GWIM segment provides investment management, brokerage, banking, and trust and retirement products and services; wealth management solutions; and customized solutions, including specialty asset management services. The Global Banking segment offers 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, short-term investing options, and merchant services; working capital management solutions; debt and equity underwriting and distribution, and merger-related and other advisory services; and fixed-income and equity research, and certain market-based services. The Global Markets segment provides market-making, financing, securities clearing, settlement, and custody services; securities and derivative products; and risk management products using interest rate, equity, credit, currency and commodity derivatives, foreign exchange, fixed-income, and mortgage-related products. Bank of America Corporation was founded in 1784 and is based in Charlotte, North Carolina. Address: Bank of America Corporate Center, Charlotte, NC, United States, 28255

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

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Relative Returns (From:    To: 2024-09-18 )

Largest Industry Peers for Banks - Diversified

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

-0.05 (-0.20%)

USD 340.11B
JPM-PC JPMorgan Chase & Co

-0.15 (-0.58%)

USD 337.52B
BML-PH Bank of America Corporation

+0.17 (+0.74%)

USD 309.54B
BML-PG Bank of America Corporation

+0.15 (+0.66%)

USD 309.23B
BAC Bank of America Corp

+0.07 (+0.18%)

USD 307.43B
BML-PL Bank of America Corporation

+0.02 (+0.08%)

USD 299.77B
BAC-PE Bank of America Corporation

+0.04 (+0.16%)

USD 292.91B
BML-PJ Bank of America Corporation

+0.01 (+0.04%)

USD 275.36B
BAC-PB Bank of America Corporation

-0.05 (-0.20%)

USD 254.38B
BAC-PL Bank of America Corporation

+2.21 (+0.17%)

USD 241.31B

ETFs Containing BAC-PK

N/A

Market Performance

  Market Performance vs. Industry/Classification (Banks - Diversified) Market Performance vs. Exchange
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 2.39% 18% F 35% F
Dividend Return 2.97% 31% F 59% D-
Total Return 5.36% 11% F 36% F
Trailing 12 Months  
Capital Gain 4.20% 16% F 30% F
Dividend Return 6.04% 69% C- 75% C
Total Return 10.24% 16% F 35% F
Trailing 5 Years  
Capital Gain -7.99% 22% F 35% F
Dividend Return N/A N/A N/A N/A N/A
Total Return -7.99% 13% F 21% F
Average Annual (5 Year Horizon)  
Capital Gain -2.13% 34% F 27% F
Dividend Return 3.15% 39% F 41% F
Total Return 5.29% 84% B 82% B
Risk Return Profile  
Volatility (Standard Deviation) 4.98% 98% N/A 91% A-
Risk Adjusted Return 63.35% 80% B- 80% B-
Market Capitalization 254.23B 61% D- 99% N/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.

Superior total returns

The stock has outperformed its sector peers on average annual total returns basis in the past 5 years (for a hold period of at least 12 months) and is in the top quartile.

Low volatility

The stock’s annual returns have been stable and consistent compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile. Although stability is good, also keep in mind it can limit returns.

Positive cash flow

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

What to not like:
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 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 dividend returns

The company’s average income yield over the past 5 years has been low compared to its peers. However, it is not a problem if you are not looking for income.

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