B of A Earnings per Basic Share Trend from 2010 to 2022

BAC
 Stock
  

USD 36.30  0.39  1.09%   

B of A Earnings per Basic Share are increasing over the years with slightly volatile fluctuation. Ongoing Earnings per Basic Share are projected to grow to 3.88 this year. From 2010 to 2022 B of A Earnings per Basic Share quarterly data regression line had arithmetic mean of 1.62 and r-squared of  0.90. B of A Gross Profit is projected to increase significantly based on the last few years of reporting. The past year's Gross Profit was at 89.11 Billion. The current year Operating Income is expected to grow to about 29.9 B, whereas Consolidated Income is forecasted to decline to about 26.3 B.
  
Check B of A financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among B of A main balance sheet or income statement drivers, such as Consolidated Income of 26.3 B, Earning Before Interest and Taxes EBIT of 29.7 B or Gross Profit of 97.6 B, as well as many exotic indicators such as Calculated Tax Rate of 6.04, PPandE Turnover of 8.52 or Cash and Equivalents Turnover of 0.26. B of A financial statements analysis is a perfect complement when working with B of A Valuation or Volatility modules. It can also supplement B of A's financial leverage analysis and stock options assessment as well as various B of A Technical models . Continue to the analysis of B of A Correlation against competitors.

B of A Quarterly Earnings per Basic Share

0.73

B of A Earnings per Basic Share Breakdown

Showing smoothed Earnings per Basic Share of Bank Of America with missing and latest data points interpolated. Earnings per share as calculated and reported by the company. Approximates to the amount of Net Income Common Stock for the period per each [SharesWA] after adjusting for [ShareFactor].B of A's Earnings per Basic Share historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in B of A's overall financial position and show how it may be relating to other accounts over time.
Earnings per Basic Share10 Years Trend
Increasing
Slightly volatile
   Earnings per Basic Share   
Share
       Timeline  

B of A Earnings per Basic Share Regression Statistics

Arithmetic Mean 1.62
Geometric Mean 0.68
Coefficient Of Variation 80.80
Mean Deviation 1.03
Median 1.57
Standard Deviation 1.31
Sample Variance 1.70
Range 3.87
R-Value 0.95
Mean Square Error 0.19
R-Squared 0.90
Significance 0.00000083
Slope 0.32
Total Sum of Squares 20.45

B of A Earnings per Basic Share History

2012 0.26
2013 0.94
2014 0.43
2015 1.38
2016 1.57
2017 1.63
2018 2.64
2019 2.77
2020 1.88
2021 3.6
2022 3.88

Other Fundumenentals of Bank Of America

About B of A Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include B of A income statement, its balance sheet, and the statement of cash flows. B of A investors use historical funamental indicators, such as B of A's Earnings per Basic Share, to determine how well the company is positioned to perform in the future. Although B of A investors may use each financial statement separately, they are all related. The changes in B of A's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on B of A's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on B of A Financial Statements. Understanding these patterns can help to make the right decision on long term investment in B of A. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for 2022
Earnings per Basic Share 3.60  3.88 
Earnings Before Interest Taxes and Depreciation Amortization EBITDA35.9 B32 B
Earnings before Tax34 B29.7 B
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 210000 people.

B of A Investors Sentiment

The influence of B of A's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in B of A. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.
Investor biases related to B of A's public news can be used to forecast risks associated with investment in B of A. The trend in average sentiment can be used to explain how an investor holding B of A can time the market purely based on public headlines and social activities around Bank Of America. Please note that most equiteis that are difficult to arbitrage are affected by market sentiment the most.
B of A's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for B of A's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average B of A's news discussions. The higher the estimate score, the more favorable is the investor's outlook on B of A.

B of A Implied Volatility

    
  34.18  
B of A's implied volatility exposes the market's sentiment of Bank Of America stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if B of A's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that B of A stock will not fluctuate a lot when B of A's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards B of A in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, B of A's short interest history, or implied volatility extrapolated from B of A options trading.

Pair Trading with B of A

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if B of A position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in B of A will appreciate offsetting losses from the drop in the long position's value.

Moving together with B of A

0.89BMOBank Of Montreal Fiscal Year End 2nd of December 2022 PairCorr
0.85BNSBank of Nova Scotia Fiscal Year End 29th of November 2022 PairCorr
0.74CCitigroup Fiscal Year End 13th of January 2023 PairCorr
0.89CMCanadian Imperial Bank Fiscal Year End 1st of December 2022 PairCorr
The ability to find closely correlated positions to B of A could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace B of A when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back B of A - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Bank Of America to buy it.
The correlation of B of A is a statistical measure of how it moves in relation to other equities. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as B of A moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Bank Of America moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for B of A can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
Continue to the analysis of B of A Correlation against competitors. Note that the Bank Of America information on this page should be used as a complementary analysis to other B of A's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.

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When running Bank Of America price analysis, check to measure B of A'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 B of A is operating at the current time. Most of B of A's value examination focuses on studying past and present price action to predict the probability of B of A's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move B of A's price. Additionally, you may evaluate how the addition of B of A to your portfolios can decrease your overall portfolio volatility.
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Is B of A's industry 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 B of A. If investors know B of A 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 B of A 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 YOY
-0.29
Market Capitalization
281.8 B
Quarterly Revenue Growth YOY
-0.04
Return On Assets
0.0091
Return On Equity
0.1
The market value of Bank Of America is measured differently than its book value, which is the value of B of A that is recorded on the company's balance sheet. Investors also form their own opinion of B of A's value that differs from its market value or its book value, called intrinsic value, which is B of A'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 B of A's market value can be influenced by many factors that don't directly affect B of A'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 B of A's value and its price as these two are different measures arrived at by different means. Investors typically determine B of A value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, B of A'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.