BML-PJ:NYE-Bank of America Corporation (USD)

PREFERRED STOCK | Banks - Diversified |

Last Closing

USD 24.11

Change

+0.01 (+0.04)%

Market Cap

USD 278.82B

Volume

2.85K

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: 2024-11-14 )

Largest Industry Peers for Banks - Diversified

Symbol Name Price(Change) Market Cap
BAC Bank of America Corp

+0.03 (+0.07%)

USD 352.19B
JPM-PD JPMorgan Chase & Co

-0.04 (-0.16%)

USD 338.78B
JPM-PC JPMorgan Chase & Co

-0.05 (-0.20%)

USD 335.95B
BML-PH Bank of America Corporation

-0.06 (-0.26%)

USD 315.23B
BML-PG Bank of America Corporation

+0.06 (+0.26%)

USD 315.17B
BML-PL Bank of America Corporation

+0.05 (+0.20%)

USD 298.38B
BAC-PE Bank of America Corporation

+0.18 (+0.73%)

USD 288.69B
BAC-PB Bank of America Corporation

+0.01 (+0.04%)

USD 251.28B
BAC-PK Bank of America Corporation

+0.02 (+0.08%)

USD 251.12B
BAC-PL Bank of America Corporation

-3.90 (-0.31%)

USD 241.31B

ETFs Containing BML-PJ

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 9.34% 61% D- 55% F
Dividend Return 5.49% 57% F 77% C+
Total Return 14.84% 61% D- 59% D-
Trailing 12 Months  
Capital Gain 11.77% 50% F 48% F
Dividend Return 5.61% 30% F 67% D+
Total Return 17.38% 50% F 50% F
Trailing 5 Years  
Capital Gain 4.69% 44% F 48% F
Dividend Return 25.03% 55% F 73% C
Total Return 29.72% 41% F 51% F
Average Annual (5 Year Horizon)  
Capital Gain 4.18% 50% F 50% F
Dividend Return 8.55% 48% F 56% F
Total Return 4.37% 64% D 78% C+
Risk Return Profile  
Volatility (Standard Deviation) 48.95% 7% C- 19% F
Risk Adjusted Return 17.46% 26% F 35% F
Market Capitalization 278.82B 71% C- 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:
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.

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 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 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.

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.