Bank Free Cash Flow Per Share from 2010 to 2024

BAC Stock  USD 35.77  0.54  1.53%   
Bank of America's Free Cash Flow Per Share is decreasing over the years with stable fluctuation. Overall, Free Cash Flow Per Share is expected to go to 5.88 this year. Free Cash Flow Per Share is the amount of cash Bank of America generates after accounting for capital expenditures, divided by the number of outstanding shares. It represents the cash available for dividends, share buybacks, or debt repayment per share. View All Fundamentals
 
Free Cash Flow Per Share  
First Reported
2010-12-31
Previous Quarter
5.60272028
Current Value
5.88
Quarterly Volatility
3.19185089
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Bank of America financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Bank main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.6 B, Interest Expense of 77 B or Total Revenue of 64.8 B, as well as many exotic indicators such as Price To Sales Ratio of 2.18, Dividend Yield of 0.0373 or PTB Ratio of 1.53. Bank financial statements analysis is a perfect complement when working with Bank of America Valuation or Volatility modules.
  
This module can also supplement Bank of America's financial leverage analysis and stock options assessment as well as various Bank of America Technical models . Check out the analysis of Bank of America Correlation against competitors.
For information on how to trade Bank Stock refer to our How to Trade Bank Stock guide.

Latest Bank of America's Free Cash Flow Per Share Growth Pattern

Below is the plot of the Free Cash Flow Per Share of Bank of America over the last few years. It is the amount of cash a company generates after accounting for capital expenditures, divided by the number of outstanding shares. It represents the cash available for dividends, share buybacks, or debt repayment per share. Bank of America's Free Cash Flow Per Share historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Bank of America's overall financial position and show how it may be relating to other accounts over time.
Free Cash Flow Per Share10 Years Trend
Pretty Stable
   Free Cash Flow Per Share   
       Timeline  

Bank Free Cash Flow Per Share Regression Statistics

Arithmetic Mean3.59
Coefficient Of Variation88.96
Mean Deviation2.69
Median3.91
Standard Deviation3.19
Sample Variance10.19
Range9.8903
R-Value(0.18)
Mean Square Error10.61
R-Squared0.03
Significance0.52
Slope(0.13)
Total Sum of Squares142.63

Bank Free Cash Flow Per Share History

2024 5.88
2023 5.6
2022 -0.78
2021 -0.85
2020 4.34
2019 6.58
2018 3.91

About Bank of America Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Bank of America income statement, its balance sheet, and the statement of cash flows. Bank of America investors use historical funamental indicators, such as Bank of America's Free Cash Flow Per Share, 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. We offer a historical overview of the basic patterns found on Bank of America Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Bank of America. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Free Cash Flow Per Share 5.60  5.88 

Pair Trading with Bank of America

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 Bank of America 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 Bank of America will appreciate offsetting losses from the drop in the long position's value.

Moving together with Bank Stock

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The ability to find closely correlated positions to Bank of America could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Bank of America 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 Bank of America - 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 Bank of America is a statistical measure of how it moves in relation to other instruments. 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 Bank of America 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 Bank of America 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
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 the analysis of Bank of America Correlation against competitors.
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 Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..

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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
(0.19)
Dividend Share
0.94
Earnings Share
2.9
Revenue Per Share
11.664
Quarterly Revenue Growth
(0.03)
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.