Financial Services - Banks - Diversified - NYSE - US
$ 23.97
1.05 %
$ 352 B
Market Cap
6.82
P/E
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. Its Consumer Banking segment offers traditional and money market savings accounts, certificates of deposit and IRAs, noninterest-and interest-bearing checking accounts, and investment accounts and products; and credit and debit cards, residential mortgages, and home equity loans, as well as direct and indirect loans, such as automotive, recreational vehicle, and consumer personal loans. The company's Global Wealth & Investment Management segment offers investment management, brokerage, banking, and trust and retirement products and services; and wealth management solutions, as well as customized solutions, including specialty asset management services.[ Read More ]
The intrinsic value of one BML-PJ stock under the base case scenario is HIDDEN Compared to the current market price of 24 USD, Bank of America Corporation is HIDDEN
2. FUNDAMENTAL
ANALYSIS
Price Chart BML-PJ
FINANCIALS
95.8 B
REVENUE
39.5 B
OPERATING INCOME
26.5 B
NET INCOME
45 B
OPERATING CASH FLOW
-35.4 B
INVESTING CASH FLOW
93.3 B
FINANCING CASH FLOW
11.4 B
REVENUE
-2.47 B
OPERATING INCOME
6.9 B
NET INCOME
-53 B
OPERATING CASH FLOW
-62 B
INVESTING CASH FLOW
36.8 B
FINANCING CASH FLOW
Balance Sheet Decomposition
Bank of America Corporation
| Current Assets | 1.31 T |
| Cash & Short-Term Investments | 327 B |
| Receivables | 0 |
| Other Current Assets | 981 B |
| Non-Current Assets | 2.82 T |
| Long-Term Investments | 1.02 T |
| PP&E | 11.9 B |
| Other Non-Current Assets | 1.79 T |
| Current Liabilities | 857 B |
| Accounts Payable | 0 |
| Short-Term Debt | 32.1 B |
| Other Current Liabilities | 825 B |
| Non-Current Liabilities | 2.89 T |
| Long-Term Debt | 302 B |
| Other Non-Current Liabilities | 2.59 T |
EFFICIENCY
Earnings Waterfall
Bank of America Corporation
| Revenue | 95.8 B |
| Cost Of Revenue | 0 |
| Gross Profit | 95.8 B |
| Operating Expenses | 56.3 B |
| Operating Income | 39.5 B |
| Other Expenses | 13 B |
| Net Income | 26.5 B |
RATIOS
100.00%
GROSS MARGIN
41.24%
OPERATING MARGIN
27.68%
NET MARGIN
9.09%
ROE
0.83%
ROA
5.90%
ROIC
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis
Bank of America Corporation
| Net Income | 26.5 B |
| Depreciation & Amortization | 2.06 B |
| Capital Expenditures | 0 |
| Stock-Based Compensation | 2.94 B |
| Change in Working Capital | 2.73 B |
| Others | 15.5 B |
| Free Cash Flow | 45 B |
Wall Street Analysts Price Targets
Bank of America Corporation
BML-PJ has no price targets from Wall Street.
4. DIVIDEND ANALYSIS
0.80%
DIVIDEND YIELD
0.389 USD
DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership
Bank of America Corporation
Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
| Date | Value | Insider | Amount | Avg Price |
|---|---|---|---|---|
|
1 year ago
Nov 01, 2023
|
Bought 656 K USD
|
Woods Thomas D
Director |
+ 25000
|
26.25 USD |
|
1 year ago
Aug 01, 2023
|
Sell 2.36 M USD
|
DeMare James P
President, Global Markets |
- 75000
|
31.532 USD |
|
1 year ago
Jul 20, 2023
|
Sell 2.45 M USD
|
Athanasia Dean C
President, Regional Banking |
- 77806
|
31.485 USD |
|
1 year ago
Feb 23, 2023
|
Sell 3.6 M USD
|
Koder Matthew M
Pres, Gl Corp & Invest Banking |
- 105054
|
34.272 USD |
|
1 year ago
Feb 02, 2023
|
Sell 7.71 M USD
|
Koder Matthew M
Pres, Gl Corp & Invest Banking |
- 214745
|
35.913 USD |
7. News
8. Profile Summary
Bank of America Corporation BML-PJ
COUNTRY
US
INDUSTRY
Banks - Diversified
MARKET CAP
$ 352 B
Dividend Yield
0.80%
Description
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. Its Consumer Banking segment offers traditional and money market savings accounts, certificates of deposit and IRAs, noninterest-and interest-bearing checking accounts, and investment accounts and products; and credit and debit cards, residential mortgages, and home equity loans, as well as direct and indirect loans, such as automotive, recreational vehicle, and consumer personal loans. The company's Global Wealth & Investment Management segment offers investment management, brokerage, banking, and trust and retirement products and services; and wealth management solutions, as well as customized solutions, including specialty asset management services. Its Global Banking segment provides lending products and services, including commercial loans, leases, commitment facilities, trade finance, and commercial real estate and asset-based lending; treasury solutions, such as treasury management, foreign exchange, and short-term investing options and merchant services; working capital management solutions; and debt and equity underwriting and distribution, and merger-related and other advisory services. The company's Global Markets segment offers market-making, financing, securities clearing, settlement, and custody services, as well as risk management products using interest rate, equity, credit, currency and commodity derivatives, foreign exchange, fixed-income, and mortgage-related products. As of December 31, 2021, it served approximately 67 million consumer and small business clients with approximately 4,200 retail financial centers; approximately 16,000 ATMs; and digital banking platforms with approximately 41 million active users. The company was founded in 1784 and is based in Charlotte, North Carolina.
Contact
Bank of America Corporate Center, Charlotte, NC, 28255
https://www.bankofamerica.com
IPO Date
Jan. 2, 2009
Employees
213000
Officers
Mr. Brian Thomas Moynihan
Chairman, Chief Executive Officer & President
Mr. Darrin Steve Boland
Chief Administrative Officer
Mr. Dean C. Athanasia
President of Regional Banking
Mr. James P. DeMare
President of Global Markets
Mr. Matthew M. Koder
President of Global Corporate & Investment Banking
Mr. Aditya Bhasin
Chief Technology & Information Officer
Mr. Alastair M. Borthwick
Chief Financial Officer
Mr. Thomas M. Scrivener
Chief Operations Executive
Mr. Christopher M. Hyzy
Chief Investment Officer
Mr. Rudolf A. Bless
Chief Accounting Officer