Bank Of America Financials
BAC-PB Preferred Stock | 25.30 0.12 0.48% |
With this module, you can analyze Bank financials for your investing period. You should be able to track the changes in Bank Of America individual financial statements over time to develop the understanding of its risk, liquidity, profitability, or other critical and vital indicators.
Bank |
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.
Evaluating Bank Of America's financials involves analyzing a range of financial metrics and ratios to gain insights into the company's financial health and performance. However, considering all of Bank Of America's profitability, liquidity ratios, and efficiency indicators at the same time could be an enormous task, and our Financial Distress score can provide you with a snapshot of the Bank Of America's relative financial performance
Chance Of Distress
Less than 9
100 | Zero |
Low
Bank Of America has less than 9 (%) percent chance of experiencing financial distress in the next two years of operations. The calculation of odds of distress for Bank Of America preferred stock is tightly coupled with the Probability of Bankruptcy. It complements the equity performance score by supplying investors with insight into company financials without requiring them to know too much about all of the complex accounting and financial indicators surrounding the entity.
Please note, Bank Of America's odds of distress score SHOULD NOT be confused with the real chance of Bank Of America filing for bankruptcy protection for chapters 7, 11, 12, or 13. We define Financial Distress as an operational condition where an entity such as Bank is having difficulty meeting its current financial obligations towards its creditors or delivering on the expectations of its investors. Macroaxis derives these conditions daily from public financial statements and analysis of stock prices reacting to market conditions or economic downturns, including short-term and long-term historical volatility. Other factors considered include Bank Of America's liquidity analysis, revenue patterns, R&D expenses, and commitments, as well as public headlines and social sentiment.
More InfoThe data published in Bank Of America's official financial statements usually reflect Bank Of America's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Bank Of America. For example, before you start analyzing numbers published by Bank accountants, it's critical to develop an understanding of what Bank Of America's liquidity, profitability, and earnings quality are in the context of the Financial Services space in which it operates.
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. Whatever the case, the imprecision that can be found in Bank Of America's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Bank Of America. Please utilize our Beneish M Score to check the likelihood of Bank Of America's management manipulating its earnings.
Specialization | Financial Services, Banks - Diversified |
Instrument | USA Preferred Stock View All |
Exchange | New York Stock Exchange |
CUSIP | 060505229 |
Location | North Carolina; U.S.A |
Business Address | Bank of America |
Sector | Financial Services |
Industry | Banks-Diversified |
Benchmark | NYSE Composite |
Website | www.bankofamerica.com |
Phone | 704 386 5681 |
You should never invest in Bank Of America without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Bank Preferred Stock, because this is throwing your money away. Analyzing the key information contained in Bank Of America's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Bank Of America Key Financial Ratios
Generally speaking, Bank Of America's financial ratios allow both analysts and investors to convert raw data from Bank Of America's financial statements into concise, actionable information that can be used to evaluate the performance of Bank Of America over time and compare it to other companies across industries. There are many critical financial ratios that investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Bank Of America reports annually and quarterly.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 number one stock in short ratio category among related companies. It is number one stock in price to sales category among related companies fabricating about 18.30 of Price To Sales per Short Ratio. . Comparative valuation analysis is a catch-all model that can be used if you cannot value Bank Of America by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Bank Of America's Preferred Stock . Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. 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 three with a total number of output elements of fifty-eight. 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.
About Bank Of America Financials
What exactly are Bank Of America Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include Bank Of America's income statement, its balance sheet, and the statement of cash flows. Potential Bank Of America investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Bank Of America investors may use each financial statement separately, they are all related. The changes in Bank Of America's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Bank Of America'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. Please read more on our technical analysis and fundamental analysis pages.Steps to analyze Bank Of America Financials for Investing
There are several different ways that investors can use financial statements to try and predict whether a stock price will go up or down. Unfortunately, there is no surefire formula, but there are some general guidelines you should consider when looking at the numbers. First, realize what kind of company it is so you know if its revenues are more likely to grow or shrink over time. For example, a software company's revenue is expected to increase yearly due to new products and services that its customers will want to buy. At the same time, a car manufacturer might not be able to sell as many cars when the economy slows down, so it would have less net income during those times. Second, pay attention to its debt-to-equity ratio because this number will tell you how much risk it has. If a company such as Bank Of America is not taking on any additional risks, its debt-to-equity should be less than one. As a general rule of thumb, if the market value or book value (which can be found in the footnotes) of assets exceeds the company's liabilities, then it is probably in good shape. Finally, use other financial statements to determine if a stock price will go up or down because investors are always looking for growth opportunities when they buy new stocks. For example, if you see that the net revenue of Bank has grown by more than 25% over the last five years, then there is a good chance that it will continue growing by at least 20% or more each year. On the other hand, if you see that net revenue has only increased by about 15%, which is barely above inflation levels, then chances are it will not grow much faster than this over time, and investors may shy away from buying it. In summary, you can determine if Bank Of America's financials are consistent with your investment objective using the following steps:- Review Bank Of America's balance sheet accounts, such as liabilities and equity, to understand its overall financial position.
- Analyze the income statement and examine the company's revenue, expenses, and profits over time to determine its financial performance.
- Study the cash flow inflows and outflows to understand Bank Of America's liquidity and solvency.
- Look at the growth rates in revenue, earnings, and cash flow over time to determine its potential for future growth.
- Compare Bank Of America's financials to those of its peers to see how it stacks up and identify any potential red flags.
- Use valuation ratios to evaluate the company's financials using commonly used ratios such as the price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and enterprise value-to-earnings before interest, taxes, depreciation, and amortization (EV/EBITDA) ratio to determine if Bank Of America's stock is overvalued or undervalued.
Bank Of America March 28, 2024 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 Preferred 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.
Downside Deviation | 0.3391 | |||
Information Ratio | (0.33) | |||
Maximum Drawdown | 1.59 | |||
Value At Risk | (0.55) | |||
Potential Upside | 0.6022 |
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 tightly coupled with the direction of predictive economic indicators such as signals in board of governors. For information on how to trade Bank Preferred Stock refer to our How to Trade Bank Preferred Stock guide.Note that the Bank Of America information on this page should be used as a complementary analysis to other Bank Of America'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 the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Complementary Tools for Bank Preferred 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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