BAC:NYE-Bank of America Corporation (USD)

EQUITY | Banks - Diversified | New York Stock Exchange

Last Closing

USD 37.25

Change

0.00 (0.00)%

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: 2024-05-05 )

Largest Industry Peers for Banks - Diversified

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

N/A

USD 570.80B
JPM-PD JPMorgan Chase & Co

N/A

USD 330.80B
JPM-PC JPMorgan Chase & Co

N/A

USD 330.18B
BML-PG Bank of America Corporation

N/A

USD 306.79B
BML-PH Bank of America Corporation

N/A

USD 298.01B
BAC-PE Bank of America Corporation

N/A

USD 287.21B
BML-PL Bank of America Corporation

N/A

USD 276.49B
BML-PJ Bank of America Corporation

N/A

USD 265.53B
BAC-PB Bank of America Corporation

N/A

USD 250.18B
BAC-PK Bank of America Corporation

N/A

USD 249.11B

ETFs Containing BAC

XUFB:LSE Xtrackers MSCI USA Banks .. 18.43 % 0.00 %

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USD 0.03B
FTXO First Trust Nasdaq Bank E.. 8.64 % 0.60 %

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USD 0.11B
KBWB Invesco KBW Bank ETF 8.45 % 0.35 %

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USD 1.57B
BNKS:AU BetaShares Global Banks C.. 8.17 % 0.00 %

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USD 0.04B
IUS2:F iShares S&P U.S. Banks UC.. 7.45 % 0.00 %

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USD 0.33B
IUS2:XETRA iShares S&P U.S. Banks UC.. 7.45 % 0.00 %

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USD 0.33B
BNKS:LSE iShares S&P U.S. Banks 7.22 % 0.00 %

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USD 0.27B
FINU 6.80 % 0.95 %

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HUBL-U:CA Harvest US Bank Leaders I.. 6.79 % 0.00 %

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CALL-B:CA Evolve US Banks Enhanced .. 6.38 % 0.00 %

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CAD 4.71M
ZWK:CA BMO Covered Call US Banks.. 6.37 % 0.00 %

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CAD 0.35B
ZBK:CA BMO Equal Weight US Banks.. 6.33 % 0.37 %

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CAD 0.67B
BFIN:CA Brompton North American F.. 5.73 % 0.96 %

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CAD 0.05B
SPVU Invesco S&P 500® Enhance.. 5.60 % 0.16 %

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USD 0.12B
IYG iShares U.S. Financial Se.. 5.35 % 0.42 %

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USD 1.33B
XUKS:LSE db x-trackers FTSE 100 Sh.. 5.20 % 0.00 %

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USD 9.06M
RUBY-U:CA RBC U.S. Banks Yield Inde.. 4.87 % 0.00 %

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ESGS Columbia Sustainable U.S... 4.71 % 0.35 %

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USD 0.06B
QDVH:F iShares S&P 500 Financial.. 4.70 % 0.00 %

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USD 1.12B
QDVH:XETRA iShares S&P 500 Financial.. 4.70 % 0.00 %

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USD 1.12B
XSFN:LSE db x-trackers MSCI USA Fi.. 4.64 % 0.00 %

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USD 1.16B
XUFN:LSE db x-trackers MSCI USA Fi.. 4.64 % 0.00 %

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USD 1.16B
UIFS:LSE iShares S&P 500 USD Finan.. 4.63 % 0.00 %

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USD 1.19B
IUFS:LSE iShares S&P 500 Financial.. 4.63 % 0.00 %

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USD 1.12B
BDVG Litman Gregory Funds Trus.. 4.60 % 0.00 %

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USD 3.92M
XUFN:F Xtrackers (IE) Public Lim.. 4.60 % 0.00 %

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USD 1.16B
XUFN:XETRA db x-trackers MSCI USA Fi.. 4.60 % 0.00 %

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USD 1.16B
XUFN:SW Xtrackers MSCI USA Financ.. 4.60 % 0.00 %

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USD 1.17B
ZPDF:F SPDR S&P U.S. Financials .. 4.58 % 0.00 %

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USD 0.36B
ZPDF:XETRA SPDR S&P U.S. Financials .. 4.58 % 0.00 %

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USD 0.36B
GXLF:LSE SPDR® S&P® U.S. Financi.. 4.58 % 0.00 %

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USD 0.37B
SXLF:SW SPDR S&P U.S. Financials .. 4.58 % 0.00 %

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IUFS:SW iShares S&P 500 Financial.. 4.58 % 0.00 %

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USD 1.20B
XUSF:CA iShares S&P U.S. Financia.. 4.58 % 0.00 %

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CAD 3.67M
XNID:LSE Xtrackers Nifty 50 Swap U.. 4.53 % 0.00 %

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USD 292,109.69B
XNIF:LSE Xtrackers Nifty 50 Swap U.. 4.53 % 0.00 %

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USD 0.21B
IYF iShares U.S. Financials E.. 4.53 % 0.42 %

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USD 2.66B
WF1E:XETRA Invesco Markets II plc - .. 4.43 % 0.00 %

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USD 2.48M
CFCV 4.22 % 0.00 %

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FNCL Fidelity® MSCI Financial.. 4.18 % 0.08 %

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USD 1.62B
ZWH-U:CA BMO US High Dividend Cove.. 4.12 % 0.00 %

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

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CAD 1.04B
VFH Vanguard Financials Index.. 4.07 % 0.10 %

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USD 9.16B
XAIX:XETRA Xtrackers Artificial Inte.. 3.99 % 0.00 %

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USD 2.91B
XAIX:SW Xtrackers Artificial Inte.. 3.99 % 0.00 %

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USD 3.03B
XAIX:F Xtrackers IE PLC - Xtrack.. 3.99 % 0.00 %

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USD 2.91B
BAMV 3.83 % 0.00 %

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

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USD 2.48M
AIVL WisdomTree Trust - Wisdom.. 3.62 % 0.00 %

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USD 0.38B
PWV Invesco Dynamic Large Cap.. 3.54 % 0.55 %

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USD 0.92B
HESG:CA 3.50 % 0.00 %

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PJFV PGIM ETF Trust - PGIM Jen.. 3.41 % 0.00 %

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USD 0.01B
REVS Columbia Research Enhance.. 3.33 % 0.00 %

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USD 0.05B
WELK:XETRA Amundi S&P Global Financi.. 3.31 % 0.00 %

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USD 0.36B
WELY:XETRA Amundi S&P Global Financi.. 3.31 % 0.00 %

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USD 0.36B
FAS Direxion Daily Financial .. 3.19 % 1.04 %

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USD 2.25B
HFG:CA Hamilton Global Financial.. 3.00 % 0.00 %

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CAD 0.05B
BUSA 2.87 % 0.00 %

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JAVA JPMorgan Active Value ETF 2.77 % 0.00 %

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USD 1.15B
WFIN:LSE SPDR® MSCI World Financi.. 2.76 % 0.00 %

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USD 0.31B
FNCW:LSE SPDR® MSCI World Financi.. 2.76 % 0.00 %

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USD 0.31B
WFIN:SW SPDR MSCI World Financial.. 2.76 % 0.00 %

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XDWF:LSE db x-trackers MSCI World .. 2.75 % 0.00 %

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USD 0.63B
XDWF:F Xtrackers (IE) Public Lim.. 2.75 % 0.00 %

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USD 0.41B
XDWF:XETRA db x-trackers MSCI World .. 2.75 % 0.00 %

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USD 0.41B
XWFS:LSE Xtrackers MSCI World Fina.. 2.75 % 0.00 %

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USD 0.63B
BDIV:CA Brompton Global Dividend .. 2.74 % 0.96 %

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CAD 0.09B
IXG iShares Global Financials.. 2.61 % 0.46 %

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USD 0.41B
S5EG:LSE UBS (Irl) ETF plc - S&P 5.. 2.61 % 0.00 %

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USD 0.01B
S5EE:LSE UBS (Irl) ETF plc - S&P 5.. 2.59 % 0.00 %

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USD 0.27B
HEA:CA Horizons Enhanced Income .. 2.54 % 0.00 %

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CAD 0.15B
HEA-U:CA Horizons Enhanced Income .. 2.54 % 0.00 %

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CAD 0.03B
ZDY-U:CA BMO US Dividend ETF 2.48 % 0.00 %

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

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CAD 0.46B
SNPV 2.47 % 0.00 %

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PFF iShares Preferred and Inc.. 2.25 % 0.46 %

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USD 14.25B
RDVY First Trust Rising Divide.. 2.19 % 0.50 %

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USD 10.54B
FMIL 2.17 % 0.00 %

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FYLG Global X Funds - Global X.. 2.15 % 0.00 %

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

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USD 0.03B
DEW WisdomTree Global High Di.. 2.00 % 0.58 %

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USD 0.11B
IWX iShares Russell Top 200 V.. 1.96 % 0.20 %

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USD 2.22B
FDWM Fidelity Covington Trust .. 1.82 % 0.00 %

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USD 4.39M
FELV Fidelity Enhanced Large C.. 1.76 % 0.00 %

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USD 2.00B
PHE-B:CA Purpose Fund Corp. - Purp.. 1.76 % 0.00 %

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CAD 0.02B
PHE:CA Purpose Tactical Hedged E.. 1.74 % 0.95 %

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CAD 2.97M
PFIX Simplify Interest Rate He.. 1.73 % 0.00 %

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USD 0.01B
VMAX REX VolMAXX Long VIX Futu.. 1.70 % 0.00 %

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USD 5.93M
EPS WisdomTree U.S. Earnings .. 1.57 % 0.28 %

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USD 0.89B
KBE SPDR® S&P Bank ETF 1.55 % 0.35 %

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USD 1.47B
EQUL IndexIQ ETF Trust - IQ En.. 1.49 % 0.00 %

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USD 6.94M
VLU SPDR® S&P 1500 Value Til.. 1.48 % 0.13 %

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USD 0.35B
PY Principal Value ETF 1.46 % 0.29 %

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USD 0.06B
DFUV Dimensional US Marketwide.. 1.42 % 0.00 %

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USD 10.54B
IVE iShares S&P 500 Value ETF 1.38 % 0.18 %

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USD 33.01B
FNDX Schwab Fundamental U.S. L.. 1.36 % 0.25 %

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USD 15.23B
VOOV Vanguard S&P 500 Value In.. 1.33 % 0.15 %

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USD 4.65B
FNDB Schwab Fundamental U.S. B.. 1.27 % 0.25 %

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USD 0.74B
PRUS:LSE Invesco Markets III plc -.. 1.26 % 0.00 %

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USD 0.52B
PSRF:LSE Invesco Markets III plc -.. 1.26 % 0.00 %

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USD 0.52B
IWD iShares Russell 1000 Valu.. 1.26 % 0.19 %

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USD 55.64B
PFT:PA Invesco FTSE RAFI US 1000.. 1.25 % 0.00 %

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USD 0.52B
6PSA:F Invesco Markets III plc -.. 1.25 % 0.00 %

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USD 0.50B
6PSA:XETRA Invesco Markets III plc -.. 1.25 % 0.00 %

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USD 0.50B
PFT:SW Invesco FTSE RAFI US 1000.. 1.25 % 0.00 %

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USD 0.52B
VRVIX Vanguard Russell 1000 Val.. 1.22 % 0.00 %

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USD 9.85B
VONV Vanguard Russell 1000 Val.. 1.22 % 0.12 %

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USD 8.39B
CVY Invesco Zacks Multi-Asset.. 1.09 % 0.65 %

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USD 0.12B
PSRW:LSE Invesco FTSE RAFI All Wor.. 0.59 % 0.00 %

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USD 0.06B
PSRW:PA Invesco FTSE RAFI All Wor.. 0.59 % 0.00 %

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USD 0.06B
PSWD:F Invesco FTSE RAFI All Wor.. 0.59 % 0.00 %

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USD 0.06B
PSWD:XETRA Invesco FTSE RAFI All Wor.. 0.59 % 0.00 %

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USD 0.06B
PSRW:SW Invesco FTSE RAFI All Wor.. 0.59 % 0.00 %

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

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

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USD 105.79B
AGGY WisdomTree Yield Enhanced.. 0.00 % 0.12 %

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USD 0.91B
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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DHVW 0.00 % 0.10 %

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EXT 0.00 % 0.28 %

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FAZ Direxion Daily Financial .. 0.00 % 0.95 %

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USD 0.13B
FBU:CA 0.00 % 0.84 %

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FCOR Fidelity® Corporate Bond.. 0.00 % 0.42 %

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USD 0.21B
FINZ 0.00 % 0.95 %

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FLCO Franklin Liberty Investme.. 0.00 % 0.35 %

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

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USD 1.58B
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 2.64B
IUSV iShares Core S&P U.S. Val.. 0.00 % 0.04 %

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USD 17.21B
LQD iShares iBoxx $ Investmen.. 0.00 % 0.15 %

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USD 28.45B
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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PFIG Invesco Fundamental Inves.. 0.00 % 0.22 %

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

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USD 7.10B
QLTA iShares Aaa - A Rated Cor.. 0.00 % 0.15 %

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USD 1.04B
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 4.98B
HUBL:CA Harvest US Bank Leaders I.. 0.00 % 1.57 %

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CAD 0.12B
BVNSC 0.00 % 0.00 %

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IG Principal Exchange-Traded.. 0.00 % 0.26 %

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

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

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USD 10.91B
SDGA 0.00 % 0.00 %

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IMFP 0.00 % 0.15 %

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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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USD 0.01B
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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USD 0.02B
SLQD iShares 0-5 Year Investme.. 0.00 % 0.06 %

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

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USD 0.15B
SPLX 0.00 % 0.00 %

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

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USD 21.73B
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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USD 0.71B
VIXH 0.00 % 0.60 %

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VNLA Janus Henderson Short Dur.. 0.00 % 0.35 %

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USD 2.27B
VYM Vanguard High Dividend Yi.. 0.00 % 0.06 %

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USD 55.03B
XLF Financial Select Sector S.. 0.00 % 0.13 %

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USD 39.93B
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 1.57B
OPEN:LSE iShares Thomson Reuters I.. 0.00 % 0.00 %

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USD 0.06B
SXLF:LSE SPDR S&P U.S. Financials .. 0.00 % 0.00 %

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USD 0.37B
XMUD:LSE Xtrackers - MSCI USA Swap.. 0.00 % 0.00 %

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USD 4.42B
XMUS:LSE Xtrackers MSCI USA Swap U.. 0.00 % 0.00 %

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USD 4.42B
FLDR 0.00 % 0.00 %

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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 0.07B
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 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+ 85% B
Trailing 5 Years  
Capital Gain 24.50% 56% F 59% D-
Dividend Return 13.47% 24% F 53% F
Total Return 37.97% 39% F 59% D-
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 6.48 26% 53%
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