BANK OF AMERICA Financials

BANK OF AMERICA Company Summary

BANK OF AMERICA competes with Anheuser Busch, Karuna Therapeutics, RadNet, BioNTech, and Dyne TherapeuticsInc. 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. Bank of America Corporation was founded in 1874 and is based in Charlotte, North Carolina. Bank of America operates under Banks - Global classification in USA and traded on New York Stock Exchange. It employs 208000 people.

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.

BAC-PD 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 price to book category among related companies. It is rated second in net income category among related companies making up about  17,074,766,355  of Net Income per Price to Book. . 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 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.

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When running BANK OF AMERICA 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 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.