Bank of America Earnings Estimate

BAC Stock  USD 47.51  0.26  0.54%   
The next projected EPS of Bank of America is estimated to be 0.78 with future projections ranging from a low of 0.783025 to a high of 0.8141. Bank of America's most recent 12-month trailing earnings per share (EPS TTM) is at 2.76. Please be aware that the consensus of earnings estimates for Bank of America is based on EPS before non-recurring items and includes expenses related to employee stock options.
 
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Bank of America is projected to generate 0.78 in earnings per share on the 31st of December 2024. Bank of America earnings estimates module stress-tests analyst consensus about projected Bank of America EPS (Earning Per Share) to derive its highest and lowest estimates based on its historical volatility. Many public companies, such as Bank of America, manage the perception of their earnings on a regular basis to make sure that analyst estimates are accurate. Future earnings calculations are also an essential input when attempting to value a firm.

Bank of America Revenue Breakdown by Earning Segment

By analyzing Bank of America's earnings estimates, investors can diagnose different trends across Bank of America's analyst sentiment over time as well as compare current estimates against different timeframes. The current year's Pretax Profit Margin is expected to grow to 0.31, whereas Gross Profit is forecasted to decline to about 61.2 B.
  
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bank of America. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
For information on how to trade Bank Stock refer to our How to Trade Bank Stock guide.

Bank of America Earnings Estimation Breakdown

The calculation of Bank of America's earning per share is based on the data from the past 12 consecutive months, used for reporting the company's financial figures. The next projected EPS of Bank of America is estimated to be 0.78 with the future projection ranging from a low of 0.783025 to a high of 0.8141. Please be aware that this consensus of annual earnings estimates for Bank of America is based on EPS before non-recurring items and includes expenses related to employee stock options.
Last Reported EPS
0.81
0.78
Lowest
Expected EPS
0.78
0.81
Highest

Bank of America Earnings Projection Consensus

Suppose the current estimates of Bank of America's value are higher than the current market price of the Bank of America stock. In this case, investors may conclude that Bank of America is overpriced and will exhibit bullish sentiment. On the other hand, if the present value is lower than the stock price, analysts may conclude that the market undervalues the equity. These scenarios may suggest that the market is not as efficient as it should be at the estimation time, and Bank of America's stock will quickly adjusts to the new information provided by the consensus estimate.
Number of AnalystsHistorical AccuracyLast Reported EPSEstimated EPS for 31st of December 2024Current EPS (TTM)
2284.11%
0.81
0.78
2.76

Bank of America Earnings History

Earnings estimate consensus by Bank of America analysts from Wall Street is used by the market to judge Bank of America's stock performance. Investors also use these earnings estimates to evaluate and project the stock performance into the future in order to make their investment decisions. However, we recommend analyzing not only Bank of America's upcoming profit reports and earnings-per-share forecasts but also comparing them to our different valuation methods.

Bank of America Quarterly Gross Profit

12.73 Billion

At present, Bank of America's Retained Earnings Total Equity is projected to increase significantly based on the last few years of reporting. The current year's Net Income Applicable To Common Shares is expected to grow to about 31.4 B, whereas Common Stock Shares Outstanding is forecasted to decline to about 6.6 B.
Hype
Prediction
LowEstimatedHigh
45.8147.4349.05
Details
Intrinsic
Valuation
LowRealHigh
40.2641.8852.26
Details
Naive
Forecast
LowNextHigh
45.9247.5549.17
Details
22 Analysts
Consensus
LowTargetHigh
29.1832.0735.60
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Bank of America. Your research has to be compared to or analyzed against Bank of America's peers to derive any actionable benefits. When done correctly, Bank of America's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Bank of America. Note that many institutional investors and large investment bankers can move markets due to the volume of Bank assets they manage. They also follow analysts to some degree and often drive overall investor sentiments towards Bank of America. With so many stockholders watching consensus numbers, the difference between actual and projected earnings is one of the most critical factors driving Bank of America's stock price in the short term.

Bank of America Earnings per Share Projection vs Actual

Actual Earning per Share of Bank of America refers to what the company shows during its earnings calls or quarterly reports. The Expected EPS is what analysts covering Bank of America predict the company's earnings will be in the future. The higher the earnings per share of Bank of America, the better is its profitability. While calculating the Earning per Share, we use the weighted ratio, as the number of shares outstanding can change over time.

Bank of America Estimated Months Earnings per Share

For an investor who is primarily interested in generating an income out of investing in entities such as Bank of America, the EPS ratio can tell if the company is intending to increase its current dividend. Although EPS is an essential tool for investors, it should not be used in isolation. EPS of Bank of America should always be considered in relation to other companies to make a more educated investment decision.

Bank Quarterly Analyst Estimates and Surprise Metrics

Earnings surprises can significantly impact Bank of America's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
2024-10-15
2024-09-300.770.810.04
2024-07-16
2024-06-300.80.830.03
2024-04-16
2024-03-310.70.770.0710 
2024-01-12
2023-12-310.630.32-0.3149 
2023-10-17
2023-09-300.820.90.08
2023-07-18
2023-06-300.840.880.04
2023-04-18
2023-03-310.820.940.1214 
2023-01-13
2022-12-310.770.850.0810 
2022-10-17
2022-09-300.770.810.04
2022-07-18
2022-06-300.750.780.03
2022-04-18
2022-03-310.750.80.05
2022-01-19
2021-12-310.760.820.06
2021-10-14
2021-09-300.710.850.1419 
2021-07-14
2021-06-300.770.80.03
2021-04-15
2021-03-310.660.860.230 
2021-01-19
2020-12-310.550.590.04
2020-10-14
2020-09-300.490.510.02
2020-07-16
2020-06-300.270.370.137 
2020-04-15
2020-03-310.460.37-0.0919 
2020-01-15
2019-12-310.680.750.0710 
2019-10-16
2019-09-300.510.560.05
2019-07-17
2019-06-300.710.750.04
2019-04-16
2019-03-310.660.710.05
2019-01-16
2018-12-310.630.70.0711 
2018-10-15
2018-09-300.620.670.05
2018-07-16
2018-06-300.570.640.0712 
2018-04-16
2018-03-310.590.620.03
2018-01-17
2017-12-310.440.480.04
2017-10-13
2017-09-300.450.480.03
2017-07-18
2017-06-300.430.460.03
2017-04-18
2017-03-310.350.410.0617 
2017-01-13
2016-12-310.380.410.03
2016-10-17
2016-09-300.340.410.0720 
2016-07-18
2016-06-300.330.370.0412 
2016-04-14
2016-03-310.20.20.0
2016-01-19
2015-12-310.260.290.0311 
2015-10-14
2015-09-300.330.340.01
2015-07-15
2015-06-300.360.370.01
2015-04-15
2015-03-310.290.30.01
2015-01-15
2014-12-310.310.320.01
2014-10-15
2014-09-30-0.09-0.030.0666 
2014-07-16
2014-06-300.290.22-0.0724 
2014-04-16
2014-03-310.050.10.05100 
2014-01-15
2013-12-310.260.290.0311 
2013-10-16
2013-09-300.180.20.0211 
2013-07-17
2013-06-300.250.320.0728 
2013-04-17
2013-03-310.220.2-0.02
2013-01-17
2012-12-310.020.030.0150 
2012-10-17
2012-09-30-0.07-0.00310.066995 
2012-07-18
2012-06-300.140.170.0321 
2012-04-19
2012-03-310.120.240.12100 
2012-01-19
2011-12-310.150.150.0
2011-10-18
2011-09-300.190.310.1263 
2011-07-19
2011-06-30-0.9-0.90.0
2011-04-15
2011-03-310.270.17-0.137 
2011-01-21
2010-12-310.140.04-0.171 
2010-10-19
2010-09-300.160.270.1168 
2010-07-16
2010-06-300.220.270.0522 
2010-04-16
2010-03-310.090.280.19211 
2010-01-20
2009-12-31-0.52-0.6-0.0815 
2009-10-16
2009-09-30-0.21-0.26-0.0523 
2009-07-17
2009-06-300.280.330.0517 
2009-04-20
2009-03-310.050.440.39780 
2009-01-16
2008-12-310.08-0.48-0.56700 
2008-10-06
2008-09-300.620.15-0.4775 
2008-07-21
2008-06-300.530.720.1935 
2008-04-21
2008-03-310.410.23-0.1843 
2008-01-22
2007-12-310.180.05-0.1372 
2007-10-18
2007-09-301.060.82-0.2422 
2007-07-19
2007-06-301.21.280.08
2007-04-19
2007-03-311.151.170.02
2007-01-23
2006-12-311.181.190.01
2006-10-19
2006-09-301.151.220.07
2006-07-19
2006-06-301.11.220.1210 
2006-04-20
2006-03-3111.080.08
2006-01-23
2005-12-311.020.94-0.08
2005-10-19
2005-09-301.021.040.02
2005-07-18
2005-06-301.011.080.07
2005-04-18
2005-03-310.971.160.1919 
2005-01-18
2004-12-310.940.940.0
2004-10-14
2004-09-300.90.910.01
2004-07-14
2004-06-300.870.930.06
2004-04-14
2004-03-310.890.920.03
2004-01-15
2003-12-310.890.920.03
2003-10-14
2003-09-300.850.960.1112 
2003-07-14
2003-06-300.790.90.1113 
2003-04-14
2003-03-310.740.80.06
2003-01-15
2002-12-310.820.850.03
2002-10-15
2002-09-300.710.730.02
2002-07-15
2002-06-300.70.70.0
2002-04-15
2002-03-310.670.690.02
2002-01-22
2001-12-310.620.640.02
2001-10-15
2001-09-300.620.640.02
2001-07-16
2001-06-300.590.620.03
2001-04-16
2001-03-310.570.570.0
2001-01-16
2000-12-310.430.430.0
2000-10-16
2000-09-300.650.660.01
2000-07-17
2000-06-300.620.620.0
2000-04-17
2000-03-310.620.670.05
2000-01-18
1999-12-310.610.620.01
1999-10-18
1999-09-300.60.620.02
1999-07-19
1999-06-300.570.570.0
1999-04-19
1999-03-310.520.550.03
1999-01-19
1998-12-310.460.460.0
1998-10-14
1998-09-300.430.25-0.1841 
1998-07-13
1998-06-300.570.590.02
1998-04-13
1998-03-310.530.590.0611 
1998-01-12
1997-12-310.560.560.0
1997-10-14
1997-09-300.540.540.0
1997-07-14
1997-06-300.50.510.01
1997-04-14
1997-03-310.460.470.01
1997-01-13
1996-12-310.530.540.01
1996-10-15
1996-09-300.510.520.01
1996-07-15
1996-06-300.490.50.01
1996-04-15
1996-03-310.470.480.01
1996-01-16
1995-12-310.480.46-0.02

About Bank of America Earnings Estimate

The earnings estimate module is a useful tool to check what professional financial analysts are assuming about the future of Bank of America earnings. We show available consensus EPS estimates for the upcoming years and quarters. Investors can also examine how these consensus opinions have evolved historically. We show current Bank of America estimates, future projections, as well as estimates 1, 2, and three years ago. Investors can search for a specific entity to conduct investment planning and build diversified portfolios. Please note, earnings estimates provided by Macroaxis are the average expectations of expert analysts that we track. If a given stock such as Bank of America fails to match professional earnings estimates, it usually performs purely. Wall Street refers to that as a 'negative surprise.' If a company 'beats' future estimates, it's usually called an 'upside surprise.'
Please read more on our stock advisor page.
Last ReportedProjected for Next Year
Retained Earnings224.7 B235.9 B
Retained Earnings Total Equity238.1 B250 B
Earning Assets1.9 T1.2 T
Earnings Yield 0.10  0.09 
Price Earnings Ratio 10.20  9.76 
Price Earnings To Growth Ratio(2.98)(2.83)

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When determining whether Bank of America offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Bank of America's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Bank Of America Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Bank Of America Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bank of America. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
For information on how to trade Bank Stock refer to our How to Trade Bank Stock guide.
You can also try the Share Portfolio module to track or share privately all of your investments from the convenience of any device.
Is Diversified Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Bank of America. If investors know Bank will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Bank of America listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.10)
Dividend Share
0.98
Earnings Share
2.76
Revenue Per Share
11.95
Quarterly Revenue Growth
(0.01)
The market value of Bank of America is measured differently than its book value, which is the value of Bank that is recorded on the company's balance sheet. Investors also form their own opinion of Bank of America's value that differs from its market value or its book value, called intrinsic value, which is Bank of America's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Bank of America's market value can be influenced by many factors that don't directly affect Bank of America's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Bank of America's value and its price as these two are different measures arrived at by different means. Investors typically determine if Bank of America is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Bank of America's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.