BAC:NYE-Bank of America Corporation (USD)

EQUITY | Banks - Diversified | New York Stock Exchange

Last Closing

USD 37.81

Change

+0.72 (+1.94)%

Market Cap

USD 205.13B

Volume

0.04B

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: 2024-03-27 )

Largest Industry Peers for Banks - Diversified

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

+0.12 (+0.06%)

USD 533.63B
JPM-PD JPMorgan Chase & Co

+0.09 (+0.36%)

USD 330.81B
JPM-PC JPMorgan Chase & Co

+0.11 (+0.44%)

USD 329.13B
BML-PG Bank of America Corporation

+0.06 (+0.27%)

USD 301.80B
BML-PH Bank of America Corporation

+0.08 (+0.37%)

USD 291.23B
BAC-PE Bank of America Corporation

+0.08 (+0.34%)

USD 280.20B
BML-PL Bank of America Corporation

-0.03 (-0.14%)

USD 273.53B
BML-PJ Bank of America Corporation

N/A

USD 261.36B
BAC-PB Bank of America Corporation

+0.03 (+0.12%)

USD 251.68B
BAC-PK Bank of America Corporation

-0.01 (-0.04%)

USD 247.01B

ETFs Containing BAC

BNKS:AU BetaShares Global Banks C.. 8.28 % 0.00 %

-0.07 (0.10%)

USD 0.04B
FINU 6.80 % 0.95 %

N/A

N/A
ZWK:CA BMO Covered Call US Banks.. 6.70 % 0.00 %

-0.09 (0.10%)

CAD 0.34B
HUBL-U:CA Harvest US Bank Leaders I.. 6.69 % 0.00 %

N/A

N/A
CALL-B:CA Evolve US Banks Enhanced .. 6.22 % 0.00 %

N/A

CAD 4.71M
IYG iShares U.S. Financial Se.. 5.09 % 0.42 %

-0.02 (0.10%)

USD 1.28B
CFCV 4.76 % 0.00 %

N/A

N/A
IYF iShares U.S. Financials E.. 4.61 % 0.42 %

-0.32 (0.10%)

USD 2.50B
GXLF:LSE SPDR® S&P® U.S. Financi.. 4.50 % 0.00 %

+0.15 (+0.10%)

USD 0.36B
ESGS Columbia Sustainable U.S... 4.35 % 0.35 %

+0.05 (+0.10%)

USD 0.06B
XUFN:SW Xtrackers MSCI USA Financ.. 4.29 % 0.00 %

N/A

USD 1.13B
SXLF:SW SPDR S&P U.S. Financials .. 4.27 % 0.00 %

+0.27 (+0.10%)

N/A
XUSF:CA iShares S&P U.S. Financia.. 4.27 % 0.00 %

N/A

CAD 3.55M
IUFS:SW iShares S&P 500 Financial.. 4.25 % 0.00 %

-0.01 (0.10%)

USD 1.12B
WF1E:XETRA Invesco Markets II plc - .. 4.20 % 0.00 %

+0.05 (+0.10%)

USD 2.40M
FNCL Fidelity® MSCI Financial.. 3.93 % 0.08 %

-0.02 (0.10%)

USD 1.58B
ZWH-U:CA BMO US High Dividend Cove.. 3.88 % 0.00 %

-0.04 (0.10%)

N/A
AIVL WisdomTree Trust - Wisdom.. 3.84 % 0.00 %

+0.13 (+0.10%)

USD 0.36B
WDFE:SW Invesco Markets II plc - .. 3.77 % 0.00 %

N/A

USD 2.40M
BAMV 3.59 % 0.00 %

N/A

N/A
HESG:CA 3.50 % 0.00 %

N/A

N/A
JAVA JPMorgan Active Value ETF 3.27 % 0.00 %

+0.06 (+0.10%)

USD 1.04B
REVS Columbia Research Enhance.. 3.09 % 0.00 %

+0.03 (+0.10%)

USD 0.04B
WELK:XETRA Amundi S&P Global Financi.. 3.08 % 0.00 %

+0.09 (+0.10%)

USD 0.25B
WELY:XETRA Amundi S&P Global Financi.. 3.08 % 0.00 %

+0.09 (+0.10%)

USD 0.25B
HFG:CA Hamilton Global Financial.. 3.00 % 0.00 %

+0.11 (+0.10%)

CAD 0.05B
FNCW:LSE SPDR® MSCI World Financi.. 2.70 % 0.00 %

+0.34 (+0.10%)

USD 0.29B
XWFS:LSE Xtrackers MSCI World Fina.. 2.57 % 0.00 %

+0.15 (+0.10%)

USD 0.41B
WFIN:SW SPDR MSCI World Financial.. 2.57 % 0.00 %

+0.58 (+0.10%)

N/A
HEA:CA Horizons Enhanced Income .. 2.54 % 0.00 %

N/A

CAD 0.14B
HEA-U:CA Horizons Enhanced Income .. 2.54 % 0.00 %

N/A

CAD 0.03B
S5EE:LSE UBS (Irl) ETF plc - S&P 5.. 2.48 % 0.00 %

+34.00 (+0.10%)

USD 0.27B
S5EG:LSE UBS (Irl) ETF plc - S&P 5.. 2.48 % 0.00 %

+30.10 (+0.10%)

USD 0.02B
AW1C:XETRA UBS (Irl) ETF plc - S&P 5.. 2.48 % 0.00 %

+0.41 (+0.10%)

USD 0.03B
SNPV 2.40 % 0.00 %

N/A

N/A
ZDY-U:CA BMO US Dividend ETF 2.34 % 0.00 %

-0.12 (0.10%)

N/A
PFF iShares Preferred and Inc.. 2.28 % 0.46 %

+0.05 (+0.10%)

USD 14.16B
FYLG Global X Funds - Global X.. 2.13 % 0.00 %

-0.02 (0.10%)

USD 2.64M
FMIL 1.93 % 0.00 %

N/A

N/A
PHE-B:CA Purpose Fund Corp. - Purp.. 1.80 % 0.00 %

N/A

CAD 0.02B
PFIX Simplify Interest Rate He.. 1.73 % 0.00 %

-0.87 (0.10%)

USD 0.01B
FELV Fidelity Enhanced Large C.. 1.70 % 0.00 %

+0.02 (+0.10%)

USD 1.93B
VMAX REX VolMAXX Long VIX Futu.. 1.51 % 0.00 %

+0.05 (+0.10%)

USD 5.55M
DFUV Dimensional US Marketwide.. 1.33 % 0.00 %

+0.01 (+0.10%)

USD 10.15B
IVE iShares S&P 500 Value ETF 1.30 % 0.18 %

-0.30 (0.10%)

USD 31.96B
IWD iShares Russell 1000 Valu.. 1.19 % 0.19 %

-0.15 (0.10%)

USD 52.96B
DBND DoubleLine Opportunistic .. 0.56 % 0.00 %

+0.06 (+0.10%)

USD 0.27B
BND Vanguard Total Bond Marke.. 0.01 % 0.04 %

+0.16 (+0.10%)

USD 104.02B
AGGY WisdomTree Yield Enhanced.. 0.00 % 0.12 %

+0.06 (+0.10%)

USD 0.96B
BSCK 0.00 % 0.10 %

N/A

N/A
BWV 0.00 % 0.75 %

N/A

N/A
CBND 0.00 % 0.16 %

N/A

N/A
CLU 0.00 % 0.74 %

N/A

N/A
CLU:CA 0.00 % 0.72 %

N/A

N/A
DEW WisdomTree Global High Di.. 0.00 % 0.58 %

-0.06 (0.10%)

USD 0.11B
DHVW 0.00 % 0.10 %

N/A

N/A
EPS WisdomTree U.S. Earnings .. 0.00 % 0.28 %

+0.48 (+0.10%)

USD 0.84B
EXT 0.00 % 0.28 %

N/A

N/A
FAS Direxion Daily Financial .. 0.00 % 1.04 %

-0.80 (0.10%)

USD 2.45B
FAZ Direxion Daily Financial .. 0.00 % 0.95 %

+0.07 (+0.10%)

USD 0.13B
FBU:CA 0.00 % 0.84 %

N/A

N/A
FCOR Fidelity® Corporate Bond.. 0.00 % 0.42 %

-0.06 (0.10%)

USD 0.21B
FINZ 0.00 % 0.95 %

N/A

N/A
FLCO Franklin Liberty Investme.. 0.00 % 0.35 %

+0.05 (+0.10%)

USD 0.35B
FLTR VanEck Investment Grade F.. 0.00 % 0.14 %

+0.02 (+0.10%)

USD 1.50B
GHS 0.00 % 0.48 %

N/A

N/A
HAZ 0.00 % 1.76 %

N/A

N/A
HEA.A:CA 0.00 % 1.61 %

N/A

N/A
HOLD 0.00 % 0.35 %

N/A

N/A
IBDQ iShares iBonds Dec 2025 T.. 0.00 % 0.10 %

N/A

USD 2.61B
IUSV iShares Core S&P U.S. Val.. 0.00 % 0.04 %

-0.17 (0.10%)

USD 16.54B
IWX iShares Russell Top 200 V.. 0.00 % 0.20 %

-0.20 (0.10%)

USD 2.14B
IXG iShares Global Financials.. 0.00 % 0.46 %

-0.05 (0.10%)

USD 0.40B
KBE SPDR® S&P Bank ETF 0.00 % 0.35 %

-0.14 (0.10%)

USD 1.32B
LQD iShares iBoxx $ Investmen.. 0.00 % 0.15 %

+0.40 (+0.10%)

USD 28.03B
MTUM 0.00 % 0.15 %

N/A

N/A
OEW 0.00 % 0.40 %

N/A

N/A
ONEK 0.00 % 0.10 %

N/A

N/A
PFIG Invesco Fundamental Inves.. 0.00 % 0.22 %

+0.04 (+0.10%)

USD 0.05B
PHE:CA Purpose Tactical Hedged E.. 0.00 % 0.95 %

N/A

CAD 3.60M
PRF Invesco FTSE RAFI US 1000.. 0.00 % 0.39 %

+0.07 (+0.10%)

USD 6.89B
PWV Invesco Dynamic Large Cap.. 0.00 % 0.55 %

-0.16 (0.10%)

USD 0.88B
QLTA iShares Aaa - A Rated Cor.. 0.00 % 0.15 %

+0.10 (+0.10%)

USD 1.02B
RALS 0.00 % 0.95 %

N/A

N/A
FTXO First Trust Nasdaq Bank E.. 0.00 % 0.60 %

-0.04 (0.10%)

USD 0.11B
PY Principal Value ETF 0.00 % 0.29 %

+0.03 (+0.10%)

USD 0.06B
AMCA 0.00 % 0.15 %

N/A

N/A
FIXD First Trust TCW Opportuni.. 0.00 % 0.55 %

+0.13 (+0.10%)

USD 5.10B
HUBL:CA Harvest US Bank Leaders I.. 0.00 % 1.57 %

N/A

CAD 0.11B
BVNSC 0.00 % 0.00 %

N/A

N/A
IG Principal Exchange-Traded.. 0.00 % 0.26 %

+0.07 (+0.10%)

USD 0.08B
RUBY:CA RBC U.S. Banks Yield Inde.. 0.00 % 0.33 %

+0.11 (+0.10%)

CAD 0.01B
USIG iShares Broad USD Investm.. 0.00 % 0.08 %

+0.13 (+0.10%)

USD 10.44B
SDGA 0.00 % 0.00 %

N/A

N/A
BFIN:CA Brompton North American F.. 0.00 % 0.96 %

+0.11 (+0.10%)

CAD 0.05B
IMFP 0.00 % 0.15 %

N/A

N/A
VRVIX Vanguard Russell 1000 Val.. 0.00 % 0.00 %

-0.14 (0.10%)

USD 9.85B
ROLA 0.00 % 0.00 %

N/A

N/A
SCHV Schwab U.S. Large-Cap Val.. 0.00 % 0.04 %

-0.15 (0.10%)

USD 10.99B
SEF ProShares Short Financial.. 0.00 % 0.95 %

+0.01 (+0.10%)

USD 0.01B
SFLA 0.00 % 0.00 %

N/A

N/A
SHU:CA 0.00 % 0.70 %

N/A

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

+0.03 (+0.10%)

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

+0.04 (+0.10%)

USD 2.17B
SPFF Global X SuperIncome Pref.. 0.00 % 0.58 %

N/A

USD 0.15B
SPLX 0.00 % 0.00 %

N/A

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

-0.11 (0.10%)

USD 21.41B
THRK 0.00 % 0.10 %

N/A

N/A
USSD 0.00 % 0.33 %

N/A

N/A
UYG ProShares Ultra Financial.. 0.00 % 0.95 %

-0.17 (0.10%)

USD 0.70B
VFH Vanguard Financials Index.. 0.00 % 0.10 %

-0.19 (0.10%)

USD 8.94B
VIXH 0.00 % 0.60 %

N/A

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

+0.01 (+0.10%)

USD 2.27B
VONV Vanguard Russell 1000 Val.. 0.00 % 0.12 %

-0.06 (0.10%)

USD 8.42B
VOOV Vanguard S&P 500 Value In.. 0.00 % 0.15 %

-0.35 (0.10%)

USD 4.49B
XLF Financial Select Sector S.. 0.00 % 0.13 %

-0.06 (0.10%)

USD 38.44B
ZBK:CA BMO Equal Weight US Banks.. 0.00 % 0.37 %

+0.13 (+0.10%)

CAD 0.68B
ZDY:CA BMO US Dividend ETF (CAD) 0.00 % 0.32 %

-0.02 (0.10%)

CAD 0.45B
ZWH:CA BMO US High Dividend Cove.. 0.00 % 0.71 %

-0.15 (0.10%)

CAD 1.02B
IGCF:CA PIMCO Investment Grade Cr.. 0.00 % 0.85 %

-0.06 (0.10%)

CAD 0.04B
NUSA Nuveen Enhanced Yield 1-5.. 0.00 % 0.20 %

+0.01 (+0.10%)

USD 0.02B
TERM 0.00 % 0.64 %

N/A

N/A
HTRB Hartford Total Return Bon.. 0.00 % 0.38 %

-0.03 (0.10%)

USD 1.49B
IUFS:LSE iShares S&P 500 Financial.. 0.00 % 0.00 %

-0.01 (0.10%)

USD 1.08B
OPEN:LSE iShares Thomson Reuters I.. 0.00 % 0.00 %

+0.06 (+0.10%)

USD 0.06B
PRUS:LSE Invesco Markets III plc -.. 0.00 % 0.00 %

+0.19 (+0.10%)

USD 0.49B
PSRF:LSE Invesco Markets III plc -.. 0.00 % 0.00 %

+22.00 (+0.10%)

USD 0.49B
SXLF:LSE SPDR S&P U.S. Financials .. 0.00 % 0.00 %

+0.02 (+0.10%)

USD 0.36B
UIFS:LSE iShares S&P 500 USD Finan.. 0.00 % 0.00 %

+3.63 (+0.10%)

USD 1.08B
WFIN:LSE SPDR® MSCI World Financi.. 0.00 % 0.00 %

+0.21 (+0.10%)

USD 0.29B
XMUD:LSE Xtrackers - MSCI USA Swap.. 0.00 % 0.00 %

+2.52 (+0.10%)

USD 5.51B
XMUS:LSE Xtrackers MSCI USA Swap U.. 0.00 % 0.00 %

+238.50 (+0.10%)

USD 4.42B
XNID:LSE Xtrackers Nifty 50 Swap U.. 0.00 % 0.00 %

+0.04 (+0.10%)

USD 0.19B
XNIF:LSE Xtrackers Nifty 50 Swap U.. 0.00 % 0.00 %

+61.00 (+0.10%)

USD 0.19B
XUKS:LSE db x-trackers FTSE 100 Sh.. 0.00 % 0.00 %

-2.43 (0.10%)

USD 8.61M
XDWF:LSE db x-trackers MSCI World .. 0.00 % 0.00 %

+0.10 (+0.10%)

USD 0.41B
XSFN:LSE db x-trackers MSCI USA Fi.. 0.00 % 0.00 %

+9.75 (+0.10%)

USD 1.11B
XUFN:LSE db x-trackers MSCI USA Fi.. 0.00 % 0.00 %

+0.03 (+0.10%)

USD 1.11B
FLDR 0.00 % 0.00 %

N/A

N/A
PSRW:PA Invesco FTSE RAFI All Wor.. 0.00 % 0.00 %

+0.29 (+0.10%)

USD 0.06B
6PSA:F Invesco Markets III plc -.. 0.00 % 0.00 %

+0.10 (+0.10%)

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

+0.17 (+0.10%)

USD 0.06B
QDVH:F iShares S&P 500 Financial.. 0.00 % 0.00 %

+0.07 (+0.10%)

USD 1.12B
XDWF:F Xtrackers (IE) Public Lim.. 0.00 % 0.00 %

+0.24 (+0.10%)

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

+0.20 (+0.10%)

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

+0.27 (+0.10%)

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

+0.27 (+0.10%)

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

+0.28 (+0.10%)

USD 0.06B
QDVH:XETRA iShares S&P 500 Financial.. 0.00 % 0.00 %

+0.04 (+0.10%)

USD 1.12B
XDWF:XETRA db x-trackers MSCI World .. 0.00 % 0.00 %

+0.19 (+0.10%)

USD 0.41B
XUFN:XETRA db x-trackers MSCI USA Fi.. 0.00 % 0.00 %

+0.14 (+0.10%)

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

+0.19 (+0.10%)

USD 0.36B
RUBY-U:CA RBC U.S. Banks Yield Inde.. 0.00 % 0.00 %

N/A

N/A
XAIX:XETRA Xtrackers Artificial Inte.. 0.00 % 0.00 %

+3.20 (+0.10%)

USD 2.91B
QMJ 0.00 % 0.00 %

N/A

N/A
RAFE PIMCO RAFI ESG U.S. ETF P.. 0.00 % 0.00 %

+0.02 (+0.10%)

USD 0.05B
VTRN 0.00 % 0.00 %

N/A

N/A
ESCR 0.00 % 0.00 %

N/A

N/A
FIGB Fidelity Investment Grade.. 0.00 % 0.00 %

-0.10 (0.10%)

USD 0.06B
USCC:CA Horizons US Large Cap Equ.. 0.00 % 0.00 %

+0.16 (+0.10%)

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 12.30% 82% B 83% B
Dividend Return 0.71% 11% F 41% F
Total Return 13.01% 82% B 83% B
Trailing 12 Months  
Capital Gain 31.88% 78% C+ 82% B
Dividend Return 3.28% 9% A- 47% F
Total Return 35.16% 78% C+ 83% B
Trailing 5 Years  
Capital Gain 37.04% 75% C 65% D
Dividend Return 14.61% 32% F 56% F
Total Return 51.65% 55% F 65% D
Average Annual (5 Year Horizon)  
Capital Gain 5.13% 68% D+ 61% D-
Dividend Return 7.57% 66% D+ 60% D-
Total Return 2.44% 11% F 54% F
Risk Return Profile  
Volatility (Standard Deviation) 37.11% 25% F 28% F
Risk Adjusted Return 20.39% 48% F 45% F
Market Capitalization 205.13B 89% 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 20% 68%
Price/Book Ratio 1.11 62% 65%
Price / Cash Flow Ratio 6.51 24% 53%
Price/Free Cash Flow Ratio N/A N/A N/A
Management Effectiveness  
Return on Equity 9.39% 16% 55%
Return on Invested Capital 4.41% 27% 41%
Return on Assets 0.85% 31% 30%
Debt to Equity Ratio 103.62% 65% 33%

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 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