BAC:NYE-Bank of America Corporation (USD)

EQUITY | Banks - Diversified | New York Stock Exchange

Last Closing

USD 37.25

Change

+0.37 (+1.00)%

Market Cap

USD 205.13B

Volume

0.03B

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: 2024-05-03 )

Largest Industry Peers for Banks - Diversified

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

+2.32 (+1.15%)

USD 570.80B
JPM-PD JPMorgan Chase & Co

-0.05 (-0.20%)

USD 330.80B
JPM-PC JPMorgan Chase & Co

-0.02 (-0.08%)

USD 330.18B
BML-PG Bank of America Corporation

N/A

USD 306.52B
BML-PH Bank of America Corporation

+0.06 (+0.28%)

USD 293.95B
BAC-PE Bank of America Corporation

+0.03 (+0.12%)

USD 285.31B
BML-PL Bank of America Corporation

+0.02 (+0.09%)

USD 277.10B
BML-PJ Bank of America Corporation

+0.07 (+0.31%)

USD 263.68B
BAC-PB Bank of America Corporation

-0.06 (-0.24%)

USD 251.38B
BAC-PK Bank of America Corporation

-0.09 (-0.36%)

USD 249.01B

ETFs Containing BAC

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

N/A

CAD 0.01B
BNKS:AU BetaShares Global Banks C.. 8.17 % 0.00 %

-0.03 (0%)

USD 0.04B
KBWB Invesco KBW Bank ETF 8.13 % 0.35 %

+0.22 (+0%)

USD 1.57B
FINU 6.80 % 0.95 %

N/A

N/A
HUBL:CA Harvest US Bank Leaders I.. 6.79 % 1.57 %

+0.01 (+0%)

CAD 0.12B
ZBK:CA BMO Equal Weight US Banks.. 6.33 % 0.37 %

N/A

CAD 0.68B
CALL-B:CA Evolve US Banks Enhanced .. 6.30 % 0.00 %

+0.04 (+0%)

CAD 4.71M
BFIN:CA Brompton North American F.. 5.64 % 0.96 %

N/A

CAD 0.05B
SPVU Invesco S&P 500® Enhance.. 5.37 % 0.16 %

+0.20 (+0%)

USD 0.12B
RUBY:CA RBC U.S. Banks Yield Inde.. 4.87 % 0.33 %

-0.18 (0%)

CAD 0.01B
XLF Financial Select Sector S.. 4.60 % 0.13 %

+0.31 (+0%)

USD 38.52B
GXLF:LSE SPDR® S&P® U.S. Financi.. 4.59 % 0.00 %

-0.16 (0%)

USD 0.37B
XUSF:CA iShares S&P U.S. Financia.. 4.58 % 0.00 %

N/A

CAD 3.67M
XUFN:SW Xtrackers MSCI USA Financ.. 4.50 % 0.00 %

N/A

USD 0.12M
SXLF:SW SPDR S&P U.S. Financials .. 4.50 % 0.00 %

+0.27 (+0%)

N/A
IUFS:SW iShares S&P 500 Financial.. 4.49 % 0.00 %

-0.02 (0%)

USD 0.15M
SEF ProShares Short Financial.. 4.46 % 0.95 %

-0.07 (0%)

USD 0.01B
WF1E:XETRA Invesco Markets II plc - .. 4.42 % 0.00 %

+0.01 (+0%)

USD 2.42M
CFCV 4.19 % 0.00 %

N/A

N/A
ZWH:CA BMO US High Dividend Cove.. 4.12 % 0.71 %

-0.01 (0%)

CAD 1.04B
VFH Vanguard Financials Index.. 3.98 % 0.10 %

+0.64 (+0%)

USD 9.28B
BAMV 3.83 % 0.00 %

N/A

N/A
XAIX:SW Xtrackers Artificial Inte.. 3.82 % 0.00 %

-0.48 (0%)

USD 2.94B
WDFE:SW Invesco Markets II plc - .. 3.77 % 0.00 %

N/A

USD 2.42M
AIVL WisdomTree Trust - Wisdom.. 3.52 % 0.00 %

+0.05 (+0%)

USD 0.38B
HESG:CA 3.50 % 0.00 %

N/A

N/A
PWV Invesco Dynamic Large Cap.. 3.48 % 0.55 %

+0.33 (+0%)

USD 0.90B
PVAL Putnam Focused Large Cap .. 3.43 % 0.29 %

+0.25 (+0%)

USD 0.55B
PJFV PGIM ETF Trust - PGIM Jen.. 3.41 % 0.00 %

+0.20 (+0%)

USD 0.01B
WELK:XETRA Amundi S&P Global Financi.. 3.27 % 0.00 %

+0.02 (+0%)

USD 0.26B
WELY:XETRA Amundi S&P Global Financi.. 3.27 % 0.00 %

+0.02 (+0%)

USD 0.26B
BUSA 2.87 % 0.00 %

N/A

N/A
FNCW:LSE SPDR® MSCI World Financi.. 2.76 % 0.00 %

-0.12 (0%)

USD 0.30B
BDIV:CA Brompton Global Dividend .. 2.72 % 0.96 %

+0.12 (+0%)

CAD 0.09B
XWFS:LSE Xtrackers MSCI World Fina.. 2.70 % 0.00 %

-0.09 (0%)

USD 0.42B
WFIN:SW SPDR MSCI World Financial.. 2.70 % 0.00 %

-0.05 (0%)

N/A
JAVA JPMorgan Active Value ETF 2.68 % 0.00 %

+0.21 (+0%)

USD 1.15B
SPESGE:SW UBS (Irl) ETF plc - S&P 5.. 2.48 % 0.00 %

N/A

USD 0.27B
ZDY:CA BMO US Dividend ETF (CAD) 2.48 % 0.32 %

N/A

CAD 0.46B
SNPV 2.47 % 0.00 %

N/A

N/A
PFF iShares Preferred and Inc.. 2.24 % 0.46 %

-0.04 (0%)

USD 14.25B
FMIL 2.16 % 0.00 %

N/A

N/A
FYLG Global X Funds - Global X.. 2.15 % 0.00 %

+0.10 (+0%)

USD 2.64M
DVND Touchstone ETF Trust - To.. 2.10 % 0.00 %

+0.03 (+0%)

USD 0.03B
FELV Fidelity Enhanced Large C.. 1.75 % 0.00 %

+0.11 (+0%)

USD 2.00B
PHE:CA Purpose Tactical Hedged E.. 1.74 % 0.95 %

N/A

CAD 3.76M
VMAX REX VolMAXX Long VIX Futu.. 1.66 % 0.00 %

+0.13 (+0%)

USD 5.93M
KBE SPDR® S&P Bank ETF 1.47 % 0.35 %

+0.21 (+0%)

USD 1.47B
VLU SPDR® S&P 1500 Value Til.. 1.44 % 0.13 %

+0.24 (+0%)

USD 0.35B
PY Principal Value ETF 1.42 % 0.29 %

+0.08 (+0%)

USD 0.06B
DFUV Dimensional US Marketwide.. 1.39 % 0.00 %

+0.16 (+0%)

USD 10.54B
SPYV SPDR® Portfolio S&P 500 .. 1.34 % 0.06 %

+0.14 (+0%)

USD 21.17B
PFT:SW Invesco FTSE RAFI US 1000.. 1.23 % 0.00 %

N/A

USD 0.50B
VONV Vanguard Russell 1000 Val.. 1.19 % 0.12 %

+0.24 (+0%)

USD 8.39B
PSRW:SW Invesco FTSE RAFI All Wor.. 0.59 % 0.00 %

N/A

USD 0.06B
DBND DoubleLine Opportunistic .. 0.56 % 0.00 %

-0.10 (0%)

USD 0.27B
AGGY WisdomTree Yield Enhanced.. 0.00 % 0.12 %

-0.10 (0%)

USD 0.91B
BND Vanguard Total Bond Marke.. 0.00 % 0.04 %

-0.18 (0%)

USD 105.79B
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 %

+0.14 (+0%)

USD 0.10B
DHVW 0.00 % 0.10 %

N/A

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

+0.11 (+0%)

USD 0.86B
EXT 0.00 % 0.28 %

N/A

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

+2.00 (+0%)

USD 2.24B
FAZ Direxion Daily Financial .. 0.00 % 0.95 %

-0.17 (0%)

USD 0.11B
FBU:CA 0.00 % 0.84 %

N/A

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

-0.07 (0%)

USD 0.21B
FINZ 0.00 % 0.95 %

N/A

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

-0.01 (0%)

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

N/A

USD 1.58B
FNCL Fidelity® MSCI Financial.. 0.00 % 0.08 %

+0.34 (+0%)

USD 1.62B
FNDB Schwab Fundamental U.S. B.. 0.00 % 0.25 %

+0.16 (+0%)

USD 0.74B
FNDX Schwab Fundamental U.S. L.. 0.00 % 0.25 %

+0.22 (+0%)

USD 15.23B
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
HEA:CA Horizons Enhanced Income .. 0.00 % 0.00 %

N/A

CAD 0.15B
HOLD 0.00 % 0.35 %

N/A

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

+0.01 (+0%)

USD 2.64B
IUSV iShares Core S&P U.S. Val.. 0.00 % 0.04 %

+0.27 (+0%)

USD 17.28B
IVE iShares S&P 500 Value ETF 0.00 % 0.18 %

+0.54 (+0%)

USD 33.01B
IWD iShares Russell 1000 Valu.. 0.00 % 0.19 %

+0.49 (+0%)

USD 55.64B
IWX iShares Russell Top 200 V.. 0.00 % 0.20 %

+0.33 (+0%)

USD 2.15B
IXG iShares Global Financials.. 0.00 % 0.46 %

+0.40 (+0%)

USD 0.40B
IYF iShares U.S. Financials E.. 0.00 % 0.42 %

+0.69 (+0%)

USD 2.66B
IYG iShares U.S. Financial Se.. 0.00 % 0.42 %

+0.45 (+0%)

USD 1.33B
LQD iShares iBoxx $ Investmen.. 0.00 % 0.15 %

-0.25 (0%)

USD 28.45B
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 %

-0.01 (0%)

USD 0.05B
PRF Invesco FTSE RAFI US 1000.. 0.00 % 0.39 %

+0.11 (+0%)

USD 6.94B
QLTA iShares Aaa - A Rated Cor.. 0.00 % 0.15 %

-0.10 (0%)

USD 1.04B
RALS 0.00 % 0.95 %

N/A

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

+0.06 (+0%)

USD 0.11B
AMCA 0.00 % 0.15 %

N/A

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

-0.12 (0%)

USD 4.98B
BVNSC 0.00 % 0.00 %

N/A

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

-0.01 (0%)

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

-0.08 (0%)

USD 10.91B
SDGA 0.00 % 0.00 %

N/A

N/A
IMFP 0.00 % 0.15 %

N/A

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

-0.03 (0%)

CAD 0.35B
ZDY-U:CA BMO US Dividend ETF 0.00 % 0.00 %

N/A

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

-0.06 (0%)

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

N/A

CAD 0.03B
PHE-B:CA Purpose Fund Corp. - Purp.. 0.00 % 0.00 %

N/A

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

N/A

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

+0.91 (+0%)

USD 9.85B
BNKS:LSE iShares S&P U.S. Banks 0.00 % 0.00 %

-0.01 (0%)

USD 0.33B
ROLA 0.00 % 0.00 %

N/A

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

+0.22 (+0%)

USD 10.68B
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 %

-0.14 (0%)

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

N/A

USD 2.14B
SPFF Global X SuperIncome Pref.. 0.00 % 0.58 %

-0.01 (0%)

USD 0.15B
SPLX 0.00 % 0.00 %

N/A

N/A
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 %

+0.83 (+0%)

USD 0.68B
VIXH 0.00 % 0.60 %

N/A

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

-0.04 (0%)

USD 2.27B
VOOV Vanguard S&P 500 Value In.. 0.00 % 0.15 %

+0.50 (+0%)

USD 4.65B
NUSA Nuveen Enhanced Yield 1-5.. 0.00 % 0.20 %

-0.04 (0%)

USD 0.03B
TERM 0.00 % 0.64 %

N/A

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

-0.07 (0%)

USD 1.57B
IUFS:LSE iShares S&P 500 Financial.. 0.00 % 0.00 %

-0.02 (0%)

USD 1.12B
OPEN:LSE iShares Thomson Reuters I.. 0.00 % 0.00 %

N/A

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

-0.09 (0%)

USD 0.50B
PSRF:LSE Invesco Markets III plc -.. 0.00 % 0.00 %

-14.00 (0%)

USD 0.50B
SXLF:LSE SPDR S&P U.S. Financials .. 0.00 % 0.00 %

-0.10 (0%)

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

-4.38 (0%)

USD 1.17B
WFIN:LSE SPDR® MSCI World Financi.. 0.00 % 0.00 %

+0.06 (+0%)

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

-0.80 (0%)

USD 3.99B
XMUS:LSE Xtrackers MSCI USA Swap U.. 0.00 % 0.00 %

-87.50 (0%)

USD 3.99B
XNID:LSE Xtrackers Nifty 50 Swap U.. 0.00 % 0.00 %

+1.75 (+0%)

USD 0.21B
XNIF:LSE Xtrackers Nifty 50 Swap U.. 0.00 % 0.00 %

+84.00 (+0%)

USD 0.21B
XUKS:LSE db x-trackers FTSE 100 Sh.. 0.00 % 0.00 %

+0.45 (+0%)

USD 9.12M
XDWF:LSE db x-trackers MSCI World .. 0.00 % 0.00 %

+0.04 (+0%)

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

-10.25 (0%)

USD 1.14B
XUFN:LSE db x-trackers MSCI USA Fi.. 0.00 % 0.00 %

-0.04 (0%)

USD 1.14B
FLDR 0.00 % 0.00 %

N/A

N/A
PFT:PA Invesco FTSE RAFI US 1000.. 0.00 % 0.00 %

-0.08 (0%)

USD 0.51B
PSRW:PA Invesco FTSE RAFI All Wor.. 0.00 % 0.00 %

+0.01 (+0%)

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

N/A

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

N/A

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

+0.02 (+0%)

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

+0.10 (+0%)

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

-0.04 (0%)

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

+0.04 (+0%)

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

-0.08 (0%)

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

+0.04 (+0%)

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

-0.01 (0%)

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

+0.05 (+0%)

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

-0.04 (0%)

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

-0.04 (0%)

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

N/A

N/A
HFG:CA Hamilton Global Financial.. 0.00 % 0.00 %

+0.10 (+0%)

CAD 0.05B
XAIX:XETRA Xtrackers Artificial Inte.. 0.00 % 0.00 %

-0.46 (0%)

USD 2.91B
REVS Columbia Research Enhance.. 0.00 % 0.00 %

-0.06 (0%)

USD 0.05B
QMJ 0.00 % 0.00 %

N/A

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

-0.02 (0%)

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 %

-0.12 (0%)

USD 0.07B
PFIX Simplify Interest Rate He.. 0.00 % 0.00 %

+0.98 (+0%)

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

+0.01 (+0%)

CAD 0.03B
FDWM Fidelity Covington Trust .. 0.00 % 0.00 %

-0.03 (0%)

USD 4.39M
USCC:CA Global X S&P 500 Covered .. 0.00 % 0.00 %

+0.01 (+0%)

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 10.63% 78% C+ 83% B
Dividend Return 0.71% 5% F 37% F
Total Return 11.35% 73% C 83% B
Trailing 12 Months  
Capital Gain 34.43% 78% C+ 85% B
Dividend Return 3.39% 10% F 50% F
Total Return 37.82% 78% C+ 86% B+
Trailing 5 Years  
Capital Gain 21.30% 56% F 59% D-
Dividend Return 13.12% 24% F 52% F
Total Return 34.42% 39% F 58% F
Average Annual (5 Year Horizon)  
Capital Gain 6.66% 71% C- 63% D
Dividend Return 9.12% 66% D+ 62% D
Total Return 2.46% 12% F 53% F
Risk Return Profile  
Volatility (Standard Deviation) 37.00% 27% F 29% F
Risk Adjusted Return 24.65% 49% F 47% F
Market Capitalization 205.13B 84% B 99% N/A

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 17% 66%
Price/Book Ratio 1.07 53% 68%
Price / Cash Flow Ratio 6.41 26% 54%
Price/Free Cash Flow Ratio N/A N/A N/A
Management Effectiveness  
Return on Equity 8.72% 17% 52%
Return on Invested Capital 4.41% 24% 41%
Return on Assets 0.77% 27% 29%
Debt to Equity Ratio 103.62% 64% 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 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