Bank of America Corp BAC
About Quantitative Ratings
Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.
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News
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This bank stock's unique combination makes it a bargain
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This bank stock's unique combination makes it -2-
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Fed bank capital rule changes not likely before U.S. elections: analyst
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Fed may ease stress capital buffers for Goldman, Citi and other big banks: analysts
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Biggest Investment Banks Cut More Jobs in 2024 After Brutal Year — Financial News
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Shares of Four U.S. Banks Slide as Regulator Finds Living Wills Weaknesses
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Fed and FDIC flag problems with 'living wills' of four of the largest U.S. banks
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These numbers show that banks' risk from office real estate has been exaggerated
Trading Information
- Previous Close Price
- $36.86
- Day Range
- $39.75–39.75
- 52-Week Range
- $25.63–39.75
- Bid/Ask
- $0.00 / $0.00
- Market Cap
- $310.86 Bil
- Volume/Avg
- 2,600 / 6,300
Key Statistics
- Price/Earnings (Normalized)
- 13.32
- Price/Sales
- 3.26
- Dividend Yield (Trailing)
- 2.42%
- Dividend Yield (Forward)
- 2.42%
- Total Yield
- 3.98%
Company Profile
Bank of America is one of the largest financial institutions in the United States, with more than $3.0 trillion in assets. It is organized into four major segments: consumer banking, global wealth and investment management, global banking, and global markets. Bank of America's consumer-facing lines of business include its network of branches and deposit-gathering operations, retail lending products, credit and debit cards, and small-business services. The company's Merrill Lynch operations provide brokerage and wealth-management services, as does its private bank. Wholesale lines of business include investment banking, corporate and commercial real estate lending, and capital markets operations. Bank of America has operations in several countries but is primarily US-focused.
- Sector
- Financial Services
- Industry
- Banks - Diversified
- Stock Style Box
- Large Value
- Total Number of Employees
- 212,000
- Website
- https://www.bankofamerica.com
Competitors
Valuation
|
Metric
|
BAC
|
C
|
WFC
|
|---|---|---|---|
Price/Earnings (Normalized) | 13.32 | 13.01 | 11.44 |
Price/Book Value | 1.18 | 0.64 | 1.28 |
Price/Sales | 3.26 | 1.56 | 2.63 |
Price/Cash Flow | 8.63 | 4.48 | 7.70 |
Price/Earnings
BAC
C
WFC
Financial Strength
|
Metric
|
BAC
|
C
|
WFC
|
|---|---|---|---|
Quick Ratio | — | — | — |
Current Ratio | — | — | — |
Interest Coverage | — | — | — |
Quick Ratio
No chart available
Profitability
|
Metric
|
BAC
|
C
|
WFC
|
|---|---|---|---|
Return on Assets (Normalized) | 0.92% | 0.37% | 1.00% |
Return on Equity (Normalized) | 11.28% | 4.74% | 11.72% |
Return on Invested Capital (Normalized) | — | — | — |
Return on Assets
BAC
C
WFC
Banks - Diversified Industry Comparables
|
1-Day Chart
|
Name
|
Price
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
|---|---|---|---|---|---|---|
| JPMorgan Chase & Co
JPM
| Jryvkxcqn | Fgdf | $580.8 Bil | |||
| Bank of America Corp
BAC
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| Wells Fargo & Co
WFC
| Nktpblsyj | Ntpzl | $207.1 Bil | |||
| HSBC Holdings PLC ADR
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| Royal Bank of Canada
RY
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MUFG
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| Citigroup Inc
C
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| The Toronto-Dominion Bank
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| UBS Group AG
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