Bank Of America Stock Analysis

BAC Stock  USD 36.01  0.60  1.69%   
Bank Of America is overvalued with Real Value of 33.42 and Target Price of 32.07. The main objective of Bank of America stock analysis is to determine its intrinsic value, which is an estimate of what Bank Of America is worth, separate from its market price. There are two main types of Bank of America's stock analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic factors that affect Bank of America's performance, such as revenue growth, earnings, and financial stability. Technical analysis, on the other hand, focuses on the price and volume data of Bank of America's stock to identify patterns and trends that may indicate its future price movements.
The Bank of America stock is traded in the USA on New York Stock Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. Bank of America is usually not traded on Thanksgiving Day, Christmas Day, New Year 's Day, Dr . Martin Luther King Jr 's Birthday, Washington 's Birthday, Good Friday, Memorial Day, Juneteenth Holiday, Independence Day, Labour Day. Bank Stock trading window is adjusted to America/New York timezone. Here, you can get updates on important government artifacts, including earning estimates, SEC corporate filings, announcements, and Bank of America's ongoing operational relationships across important fundamental and technical indicators.
  
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 nation.
For information on how to trade Bank Stock refer to our How to Trade Bank Stock guide.

Bank Stock Analysis Notes

About 13.0% of the company shares are held by company insiders. The company has price-to-book (P/B) ratio of 1.06. Some equities with similar Price to Book (P/B) outperform the market in the long run. Bank Of America last dividend was issued on the 29th of February 2024. The entity had 2:1 split on the 30th of August 2004. 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 213000 people. For more info on Bank Of America please contact Brian Moynihan at 704 386 5681 or go to https://www.bankofamerica.com.

Bank of America Quarterly Total Revenue

20.86 Billion

Bank Of America Investment Alerts

Many investors view ongoing market volatility as an opportunity to purchase more stocks at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. Bank of America's investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding Bank Of America or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
About 59.0% of the company shares are held by institutions such as insurance companies
Latest headline from finance.yahoo.com: Bank of America Customized Cash Rewards for Students review Great rewards for good credit

Bank Of America Upcoming and Recent Events

Earnings reports are used by Bank of America to provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Every quarterly earnings report provides investors with three things: an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Bank of America previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
16th of April 2024
Upcoming Quarterly Report
View
16th of July 2024
Next Financial Report
View
31st of March 2024
Next Fiscal Quarter End
View
10th of January 2025
Next Fiscal Year End
View
31st of December 2023
Last Quarter Report
View
31st of December 2023
Last Financial Announcement
View

Bank Largest EPS Surprises

Earnings surprises can significantly impact Bank of America's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
2013-01-17
2012-12-310.020.030.0150 
2013-10-16
2013-09-300.180.20.0211 
2016-01-19
2015-12-310.260.290.0311 
View All Earnings Estimates

Bank of America Thematic Classifications

In addition to having Bank of America stock in your portfolios, you can add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your favorite investment opportunity, you can then obtain an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility. If you are a result-oriented investor, you can benefit from optimizing one of our existing themes to build an efficient portfolio against your specific investing outlook.
Baby Boomer Prospects Idea
Baby Boomer Prospects
Mega stocks, funds and ETFs that tend to appeal to people considering retirement from the work force
Investor Favorites Idea
Investor Favorites
Equities most commonly found in portfolios of money managers
Warren Buffett Holdings Idea
Warren Buffett Holdings
Equities that Berkshire Hathaway invests in via either BRK-A or BRK-B common stocks
Hedge Favorites Idea
Hedge Favorites
Investment assets that are popular or favored by hedge funds
FinTech Idea
FinTech
A collection of large financial service, investment, and banking companies
Momentum Idea
Momentum
Macroaxis long run momentum stocks

Bank Stock Institutional Investors

Have you ever been surprised when a price of an equity instrument such as Bank of America is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Bank Of America backward and forwards among themselves. Bank of America's institutional investor refers to the entity that pools money to purchase Bank of America's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Shares
Dodge & Cox2023-12-31
66.3 M
Northern Trust Corp2023-12-31
64.2 M
Legal & General Group Plc2023-12-31
57.2 M
Bank Of New York Mellon Corp2023-12-31
55.3 M
Harris Associates L.p.2023-12-31
54.5 M
Ameriprise Financial Inc2023-12-31
54.2 M
Amvescap Plc.2023-12-31
47.5 M
Charles Schwab Investment Management Inc2023-12-31
41.8 M
Franklin Resources Inc2023-12-31
41.6 M
Berkshire Hathaway Inc2023-09-30
B
Vanguard Group Inc2023-12-31
608.3 M
Note, although Bank of America's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Bank Market Capitalization

The company currently falls under 'Mega-Cap' category with a total capitalization of 279.41 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Bank of America's market, we take the total number of its shares issued and multiply it by Bank of America's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

Bank Profitablity

Bank of America's profitability indicators refer to fundamental financial ratios that showcase Bank of America's ability to generate income relative to its revenue or operating costs. If, let's say, Bank of America is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Bank of America's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Bank of America's profitability requires more research than a typical breakdown of Bank of America's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Net Profit Margin of 0.28 %, which implies that it may need a different competitive strategy as even a very small decline in it revenue may erase profits and result in a net loss. This is way below average. In the same way, it shows Net Operating Margin of 0.15 %, which entails that for every 100 dollars of revenue, it generated $0.15 of operating income.
Last ReportedProjected for 2024
Return On Capital Employed 0.01  0.01 
Return On Assets 0.01  0.01 
Return On Equity 0.09  0.11 

Management Efficiency

At present, Bank of America's Return On Equity is projected to increase slightly based on the last few years of reporting. At present, Bank of America's Total Current Assets are projected to increase significantly based on the last few years of reporting. The current year's Return On Assets is expected to grow to 0.01, whereas Total Assets are forecasted to decline to about 1.7 T. Bank of America's management efficiency ratios could be used to measure how well Bank of America manages its routine affairs as well as how well it operates its assets and liabilities.
Last ReportedProjected for 2024
Price Book Value Ratio 0.93  1.53 
Enterprise Value Multiple 8.72  8.29 
Price Fair Value 0.93  1.53 
The analysis of Bank of America's management efficiency is an essential part of evaluating and assessing the financial and operational performance of the entity. It is also vital to analyze Bank of America's future growth prospects and the overall market conditions to determine the value and potential of its stock. The analysis involves studying a range of financial metrics such as revenue, earnings, profit margins, cash flow, debt, market share, and external factors such as economic trends, industry outlook, competition, and government regulations. The goal of Bank Stock analysis is to determine whether it is undervalued, fairly valued, or overvalued and to make informed investment decisions.
Dividend Yield
0.0271
Forward Dividend Yield
0.0271
Forward Dividend Rate
0.96
Beta
1.388

Technical Drivers

As of the 18th of March 2024, Bank of America shows the Downside Deviation of 1.12, risk adjusted performance of 0.1059, and Mean Deviation of 1.04. Bank Of America technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to analyze nineteen technical drivers for Bank Of America, which can be compared to its rivals. Please confirm Bank Of America maximum drawdown, semi variance, and the relationship between the jensen alpha and potential upside to decide if Bank Of America is priced correctly, providing market reflects its regular price of 36.01 per share. Given that Bank of America has jensen alpha of 0.0361, we suggest you to validate Bank Of America's prevailing market performance to make sure the company can sustain itself at a future point.

Bank Of America Price Movement Analysis

null. The output start index for this execution was zero with a total number of output elements of zero. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Bank of America middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Bank Of America. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.

Bank Of America Insider Trading Activities

Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Bank of America insiders, such as employees or executives, is commonly permitted as long as it does not rely on Bank of America's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Bank of America insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
 
Thomas Woods over three months ago
Purchase by Thomas Woods of 25000 shares of B of A
 
Thomas Woods over six months ago
B of A exotic insider transaction detected

Bank of America Outstanding Bonds

Bank of America issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Bank Of America uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Bank bonds can be classified according to their maturity, which is the date when Bank Of America has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.

Bank of America Predictive Daily Indicators

Bank of America intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Bank of America stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

Bank of America Corporate Filings

15th of March 2024
Prospectus used primarily for registering securities for public sale.
ViewVerify
14th of March 2024
Prospectus used primarily for registering securities for public sale.
ViewVerify
13th of March 2024
Prospectus used primarily for registering securities for public sale.
ViewVerify
12th of March 2024
Prospectus used primarily for registering securities for public sale.
ViewVerify
11th of March 2024
Other Reports
ViewVerify
8th of March 2024
Prospectus used primarily for registering securities for public sale.
ViewVerify
7th of March 2024
Prospectus used primarily for registering securities for public sale.
ViewVerify
6th of March 2024
Prospectus used primarily for registering securities for public sale.
ViewVerify

Bank of America Forecast Models

Bank of America's time-series forecasting models are one of many Bank of America's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Bank of America's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

About Bank Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how Bank of America prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Bank shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Bank of America. By using and applying Bank Stock analysis, traders can create a robust methodology for identifying Bank entry and exit points for their positions.
Last ReportedProjected for 2024
Pretax Profit Margin 0.30  0.31 
Operating Profit Margin 0.30  0.31 
Net Profit Margin 0.28  0.16 
Gross Profit Margin 0.00  0.00 

Current Bank Analysis - Recommendations

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Bank analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Bank analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target PriceAdvice# of Analysts
32.07Buy25Odds
Bank Of America current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Bank analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Bank stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Bank Of America, talking to its executives and customers, or listening to Bank conference calls.
Bank Analyst Advice Details

Bank Stock Analysis Indicators

Bank Of America stock analysis indicators help investors evaluate how Bank of America stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Bank of America shares will generate the highest return on investment. By understating and applying Bank of America stock analysis, traders can identify Bank of America position entry and exit signals to maximize returns.
Begin Period Cash Flow230.2 B
Long Term Debt302.2 B
Common Stock Shares Outstanding8.1 B
Total Stockholder Equity291.6 B
Tax Provision1.8 B
Quarterly Earnings Growth Y O Y-0.607
Property Plant And Equipment Net11.9 B
Cash And Short Term Investments-27.9 B
Cash341.4 B
Net Debt-7.1 B
50 Day M A33.8706
Total Current Liabilities958.6 B
Other Operating Expenses65.8 B
Non Current Assets Total2.2 T
Forward Price Earnings11.0132
Non Currrent Assets Other-416.6 B
Stock Based Compensation2.9 B
When determining whether Bank Of America offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Bank of America's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Bank Of America Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Bank Of America Stock:
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 nation.
For information on how to trade Bank Stock refer to our How to Trade Bank 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 Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.

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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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Is Bank of America'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 Bank of America. If investors know Bank 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 Bank of America 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
(0.61)
Dividend Share
0.92
Earnings Share
3.08
Revenue Per Share
11.731
Quarterly Revenue Growth
(0.11)
The market value of Bank Of America is measured differently than its book value, which is the value of Bank that is recorded on the company's balance sheet. Investors also form their own opinion of Bank of America's value that differs from its market value or its book value, called intrinsic value, which is Bank of America'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 Bank of America's market value can be influenced by many factors that don't directly affect Bank of America'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 Bank of America's value and its price as these two are different measures arrived at by different means. Investors typically determine if Bank of America is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Bank of America'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.