Bank of America Financials

BAC Stock  USD 43.94  0.52  1.17%   
Based on the key measurements obtained from Bank of America's financial statements, Bank of America may be sliding down financialy. It has an above-average probability of going through some form of financial hardship next quarter. At present, Bank of America's Other Current Liabilities is projected to increase significantly based on the last few years of reporting. The current year's Total Current Liabilities is expected to grow to about 2.6 T, whereas Total Assets are forecasted to decline to about 1.7 T. Key indicators impacting Bank of America's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Net Profit Margin0.160.2663
Way Down
Slightly volatile
Return On Assets0.01020.0083
Fairly Up
Slightly volatile
Return On Equity0.120.0918
Significantly Up
Slightly volatile
Debt Equity Ratio3.22.2277
Way Up
Pretty Stable
Current Ratio0.240.3979
Way Down
Very volatile
Investors should never underestimate Bank of America's ability to pay suppliers on time, ensure interest payments are not accumulating, and correctly time where and how to reinvest extra cash. Individual investors need to monitor Bank of America's cash flow, debt, and profitability to make informed and accurate decisions about investing in Bank of America.

Net Income

28.49 Billion

  
Understanding current and past Bank of America Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Bank of America's financial statements are interrelated, with each one affecting the others. For example, an increase in Bank of America's assets may result in an increase in income on the income statement.

Bank of America Earnings Geography

Please note, the presentation of Bank of America's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Bank of America's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Bank of America's management manipulating its earnings.

Bank of America Stock Summary

Bank of America competes with Citigroup, Wells Fargo, Toronto Dominion, Royal Bank, and Nu Holdings. 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. The company was founded in 1784 and is based in Charlotte, North Carolina. B of A operates under BanksDiversified classification in the United States and is traded on New York Stock Exchange. It employs 213000 people.
Foreign Associates
Specialization
Financial Services, Banks - Diversified
InstrumentUSA Stock View All
ExchangeNew York Stock Exchange
ISINUS0605051046
CUSIP060505104 06605F102 638585109
LocationNorth Carolina; U.S.A
Business AddressBank of America
SectorBanks
IndustryFinancials
BenchmarkDow Jones Industrial
Websitewww.bankofamerica.com
Phone704 386 5681
CurrencyUSD - US Dollar

Bank of America Key Financial Ratios

Bank of America Key Balance Sheet Accounts

202020212022202320242025 (projected)
Total Assets2.8T3.2T3.1T3.2T3.3T1.7T
Other Current Liab(19.3B)(23.8B)(26.9B)2.0T2.1T2.2T
Net Debt(104.8B)(51.5B)65.5B276.8B368.3B386.7B
Retained Earnings164.1B188.1B207.0B224.7B242.3B254.5B
Cash387.0B355.4B237.5B341.4B290.1B304.6B
Net Receivables64.2B72.7B67.4B96.7B82.5B52.5B
Other Current Assets1.2T1.2T133.8B981.4B968.2B771.3B
Total Liab2.5T2.9T2.8T2.9T3.0T1.6T
Total Current Assets702.7B742.0B539.3B851.3B968.2B1.0T
Short Term Debt19.3B23.8B26.9B316.0B375.1B393.9B
Common Stock86.0B62.4B59.0B56.4B45.3B43.1B
Other Liab5.3B11.1B6.7B5.6B5.1B4.8B
Accounts Payable182.8B181.8B2.1T224.1B201.7B352.2B
Other Assets1.2T1.1T1.3T319.6B2.3T1.2T
Long Term Debt262.9B280.1B276.0B302.2B347.5B282.8B
Inventory164M130M170M(68.8B)(61.9B)(65.0B)
Intangible Assets1.6B2.2B2.1B400M360M342M
Net Tangible Assets195.9B204.0B176.3B204.2B234.8B192.0B
Long Term Debt Total362.4B379.8B280.1B276.0B248.4B297.6B

Bank of America Key Income Statement Accounts

202020212022202320242025 (projected)
Interest Expense8.2B4.7B20.1B73.3B90.5B95.1B
Total Revenue74.2B89.1B95.0B98.6B101.9B66.3B
Gross Profit74.2B84.5B92.4B94.2B101.9B62.8B
Operating Income19.0B34.0B31.0B28.3B29.3B16.9B
Ebit19.0B34.0B31.0B28.3B32.6B16.4B
Ebitda20.8B35.9B32.9B30.4B29.3B18.5B
Income Before Tax19.0B34.0B31.0B28.3B29.3B16.8B
Net Income17.9B32.0B27.5B26.5B27.1B28.5B
Income Tax Expense1.1B2.0B3.4B1.8B2.1B3.8B
Tax Provision1.1B2.0B3.4B1.8B1.6B1.6B
Net Interest Income43.4B42.9B52.5B56.9B65.5B50.9B
Interest Income51.6B47.7B72.6B130.3B149.8B157.3B

Bank of America Key Cash Accounts

202020212022202320242025 (projected)
Change In Cash218.9B(32.2B)(118.0B)102.9B(333.1B)(316.4B)
Free Cash Flow38.0B(7.2B)(6.3B)45.0B51.7B54.3B
Depreciation1.8B1.9B2.0B2.1B2.4B2.2B
Other Non Cash Items18.3B(3.1B)12.5B12.8B(27.1B)(25.8B)
Dividends Paid7.7B8.1B8.6B9.1B10.5B11.0B
Net Income17.9B32.0B27.5B26.5B27.1B28.5B
End Period Cash Flow380.5B348.2B230.2B333.1B383.0B402.2B
Investments(265.8B)(468.8B)(108.0B)(35.4B)(31.8B)(33.4B)
Net Borrowings(20.3B)9.4B56.3B38.3B44.1B46.3B
Change To Netincome(18.8B)(19.4B)(41.7B)(21.3B)(19.1B)(18.2B)

Bank Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Bank of America's current stock value. Our valuation model uses many indicators to compare Bank of America value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Bank of America competition to find correlations between indicators driving Bank of America's intrinsic value. More Info.
Bank of America is rated below average in return on equity category among its peers. It is rated third in return on asset category among its peers reporting about  0.09  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Bank of America is roughly  11.00 . At present, Bank of America's Return On Equity is projected to increase slightly based on the last few years of reporting. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Bank of America's earnings, one of the primary drivers of an investment's value.

Bank of America Systematic Risk

Bank of America's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Bank of America volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was fourteen with a total number of output elements of fourty-seven. The Beta measures systematic risk based on how returns on Bank of America correlated with the market. If Beta is less than 0 Bank of America generally moves in the opposite direction as compared to the market. If Bank of America Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Bank of America is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Bank of America is generally in the same direction as the market. If Beta > 1 Bank of America moves generally in the same direction as, but more than the movement of the benchmark.

Bank of America Thematic Clasifications

Bank of America is part of several thematic ideas from Warren Buffett Holdings to Baby Boomer Prospects. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Get More Thematic Ideas
Today, most investors in Bank of America Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Bank of America's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Bank of America growth as a starting point in their analysis.

Price Earnings To Growth Ratio

2.72

At present, Bank of America's Price Earnings To Growth Ratio is projected to increase slightly based on the last few years of reporting.

Bank of America February 25, 2025 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Bank of America help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Bank of America. We use our internally-developed statistical techniques to arrive at the intrinsic value of Bank of America based on widely used predictive technical indicators. In general, we focus on analyzing Bank Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Bank of America's daily price indicators and compare them against related drivers.

Complementary Tools for Bank Stock analysis

When running Bank of America's price analysis, check to measure Bank of America's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Bank of America is operating at the current time. Most of Bank of America's value examination focuses on studying past and present price action to predict the probability of Bank of America's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bank of America's price. Additionally, you may evaluate how the addition of Bank of America to your portfolios can decrease your overall portfolio volatility.
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