We suggest to use BANK OF AMERICA fundamental analysis to find out if markets are right now mispricing the company. Put another way you can use it to find out if BANK OF AMERICA is indeed mispriced or if you can make any profits on it by purchasing it and then waiting for the market to recognize its mistake and reprise the security. We were able to interpolate twenty-six available fundamental indicators for BANK OF AMERICA, which can be compared to its rivals. To ensure the equity is not overpriced, please confirm all BANK OF AMERICA financials, including its price to earning, gross profit, total debt, as well as the relationship between the price to sales and cash and equivalents .
With this module, you can analyze BAC-PD 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.
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

Over 99

BANK OF AMERICA has more than 99 (%) percent chance of experiencing financial distress in the next two years of operations. The calculation of odds of distress for BANK OF AMERICA 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 BAC-PD 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 Info
The 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 BAC-PD 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 to manipulate its earnings.

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.
InstrumentUSA Stock View All
ExchangeNew York Stock Exchange
Business AddressBank of America
SectorFinancial Services
BenchmarkNYSE Composite
Phone704 386 5681
Related EntityBAC
CurrencyUSD - US Dollar
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 BAC-PD 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.

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.
Check out Trending Equities. You can also try Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.

Other Tools for BAC-PD Stock

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.
Instant Ratings
Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance
Positions Ratings
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
Money Managers
Screen money managers from public funds and ETFs managed around the world
Portfolio Manager
State of the art Portfolio Manager to monitor and improve performance of your invested capital
Portfolio Rebalancing
Analyze risk-adjusted returns against different time horizons to find asset-allocation targets
Portfolio Optimization
Compute new portfolio that will generate highest expected return given your specified tolerance for risk
Volatility Analysis
Get historical volatility and risk analysis based on latest market data
Financial Widgets
Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets
Balance Of Power
Check stock momentum by analyzing Balance Of Power indicator and other technical ratios
Idea Breakdown
Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes
Headlines Timeline
Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity
Share Portfolio
Track or share privately all of your investments from the convenience of any device