Bank Of America Stock Analysis

BAC Stock  USD 30.66  0.13  0.43%   
The main objective of B of A 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 B of A's stock analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic factors that affect B of A's performance, such as revenue growth, earnings, and financial stability. Technical analysis, on the other hand, focuses on the price and volume data of B of A's stock to identify patterns and trends that may indicate its future price movements.
The B of A 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. B of A is usually not traded on Juneteenth Holiday, Independence Day, Labour Day, Thanksgiving Day, Christmas Day, New Year 's Day, Dr . Martin Luther King Jr 's Birthday, Washington 's Birthday, Good Friday, Memorial Day. BAC 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 B of A'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.

BAC Stock Analysis Notes

About 70.0% of the company shares are held by institutions such as insurance companies. The company has price-to-book (P/B) ratio of 0.94. 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 30th of November 2023. 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

B of A Quarterly Total Revenue

25.17 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. B of A'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.
Bank Of America is unlikely to experience financial distress in the next 2 years
Bank Of America has about 733.43 B in cash with (6.33 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 91.42, which can makes it an attractive takeover target, given it will continue generating positive cash flow.
Bank Of America has a poor financial position based on the latest SEC disclosures
Roughly 70.0% of the company shares are held by institutions such as insurance companies
Latest headline from Class-action settlement Bank of America customers have six days to file exclusion in 500,000 communications settlement

Bank Of America Upcoming and Recent Events

Earnings reports are used by B of A 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 B of A 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.
12th of January 2024
Upcoming Quarterly Report
16th of April 2024
Next Financial Report
31st of December 2023
Next Fiscal Quarter End
12th of January 2024
Next Fiscal Year End
30th of September 2023
Last Quarter Report
31st of December 2022
Last Financial Announcement

BAC Largest EPS Surprises

Earnings surprises can significantly impact B of A'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.
Fiscal Date
Estimated EPS
Reported EPS
View All Earnings Estimates

B of A SEC Filings

SEC filings are important regulatory documents required of all public companies to provide to potential investors. B of A prospectus issued under the guidelines of SEC is a legal declaration of facts and statements to ensure that B of A investors are not misled. SEC filings are required by law to meet strict transparency standards and other important legal constraints. Although many companies may choose careful wording to disguise some material information, SEC filings make crucial Bank Of America specific information freely available to individual and institutional investors to make a timely investment decision.
9th of November 2023
Unclassified Corporate Event
8th of November 2023
Unclassified Corporate Event
30th of October 2023
Unclassified Corporate Event
25th of October 2023
Unclassified Corporate Event
20th of October 2023
Unclassified Corporate Event
17th of October 2023
Financial Statements and Exhibits. Regulation FD Disclosure. Results of Operations and Financial Condition
6th of October 2023
Unclassified Corporate Event
4th of October 2023
Unclassified Corporate Event

B of A Thematic Classifications

In addition to having B of A 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.
Hedge Favorites Idea
Hedge Favorites
Investment assets that are popular or favored by hedge funds
Baby Boomer Prospects Idea
Baby Boomer Prospects
Mega stocks, funds and ETFs that tend to appeal to people considering retirement from the work force
FinTech Idea
A collection of large financial service, investment, and banking companies
Momentum Idea
Macroaxis long run momentum stocks
Investor Favorites Idea
Investor Favorites
Equities most commonly found in portfolios of money managers

BAC Stock Institutional Investors

Have you ever been surprised when a price of an equity instrument such as B of A 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. B of A's institutional investor refers to the entity that pools money to purchase B of A'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.
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53.7 M
Harris Associates L.p.2023-09-30
52.4 M
Bank Of New York Mellon Corp2023-09-30
52.4 M
Amvescap Plc.2023-09-30
49.6 M
Legal & General Group Plc2023-09-30
46 M
Ameriprise Financial Inc2023-09-30
45.9 M
Barclays Plc2023-09-30
41.3 M
Charles Schwab Investment Management Inc2023-09-30
40.5 M
Goldman Sachs Group Inc2023-09-30
38.8 M
Berkshire Hathaway Inc2023-09-30
Vanguard Group Inc2023-09-30
608.8 M
Note, although B of A'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.

BAC Market Capitalization

The company currently falls under 'Mega-Cap' category with a total capitalization of 243.9 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate B of A's market, we take the total number of its shares issued and multiply it by B of A'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.

BAC Profitablity

B of A's profitability indicators refer to fundamental financial ratios that showcase B of A's ability to generate income relative to its revenue or operating costs. If, let's say, B of A is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, B of A'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 B of A's profitability requires more research than a typical breakdown of B of A'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 0.32 %, 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 0.34 %, which entails that for every 100 dollars of revenue, it generated $0.34 of operating income.
Last ReportedProjected for 2023
Return on Average Assets 0.008  0.008158 
Return on Average Equity 0.1  0.09 
Return on Invested Capital 0.01  0.0108 
Return on Sales 0.33  0.32 

Management Efficiency

At present, B of A's Return on Invested Capital is projected to increase slightly based on the last few years of reporting. At present, B of A's Revenue to Assets are projected to slightly decrease based on the last few years of reporting. . The current year's Asset Turnover is expected to grow to 0.0312, whereas Total Assets are forecasted to decline to about 3 T. B of A's management efficiency ratios could be used to measure how well B of A manages its routine affairs as well as how well it operates its assets and liabilities.
Last ReportedProjected for 2023
Book Value per Share 33.67  33.23 
Enterprise Value over EBIT 8.10  8.31 
Enterprise Value over EBITDA 8.62  11.45 
Price to Book Value 0.97  1.04 
Tangible Assets Book Value per Share 367.57  336.87 
Enterprise Value283.8 B273.1 B
Tangible Asset ValueT2.9 T
The analysis of B of A'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 B of A'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 BAC Stock analysis is to determine whether it is undervalued, fairly valued, or overvalued and to make informed investment decisions.
Dividend Yield
Forward Dividend Yield
Forward Dividend Rate

Technical Drivers

As of the 7th of December, B of A shows the Mean Deviation of 1.19, risk adjusted performance of 0.0625, and Downside Deviation of 1.38. 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 30.66 per share. Given that B of A has jensen alpha of 0.0993, 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

Execute Study
The output start index for this execution was nine with a total number of output elements of fifty-two. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. B of A 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 B of A insiders, such as employees or executives, is commonly permitted as long as it does not rely on B of A'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 B of A 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 a month ago
Purchase by Thomas Woods of 25000 shares of B of A
Thomas Woods over three months ago
B of A exotic insider transaction detected

B of A Outstanding Bonds

B of A 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 BAC 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.

B of A Predictive Daily Indicators

B of A 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 B of A 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.

B of A Forecast Models

B of A's time-series forecasting models are one of many B of A'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 B of A'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 BAC Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how B of A 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 BAC 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 B of A. By using and applying BAC Stock analysis, traders can create a robust methodology for identifying BAC entry and exit points for their positions.
Last ReportedProjected for 2023
EBITDA Margin 0.35  0.35 
Gross Margin 0.90  0.89 
Profit Margin 0.27  0.25 

Current BAC Analysis - Recommendations

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. BAC 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. BAC 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
Bank Of America current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most BAC 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 BAC 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 BAC conference calls.
BAC Analyst Advice Details

BAC Stock Analysis Indicators

Bank Of America stock analysis indicators help investors evaluate how B of A stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading B of A shares will generate the highest return on investment. By understating and applying B of A stock analysis, traders can identify B of A position entry and exit signals to maximize returns.
Begin Period Cash Flow348.2 B
Long Term Debt276 B
Common Stock Shares Outstanding8.6 B
Total Stockholder Equity273.2 B
Total Cashflows From Investing Activities-2.5 B
Tax Provision3.4 B
Quarterly Earnings Growth Y O Y0.111
Property Plant And Equipment Net11.5 B
Cash And Short Term Investments458.2 B
Cash237.5 B
Accounts Payable224.1 B
Net Debt65.5 B
50 Day M A27.711
Total Current Liabilities26.9 B
Other Operating Expenses73.6 B
Non Current Assets Total1.2 T
Forward Price Earnings9.2851
Common Stock Total Equity59 B
Non Currrent Assets Other-1.2 T
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 B of A'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.
Note that the Bank Of America information on this page should be used as a complementary analysis to other B of A'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 Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.

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When running B of A's price analysis, check to measure B of A'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 B of A is operating at the current time. Most of B of A's value examination focuses on studying past and present price action to predict the probability of B of A's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move B of A's price. Additionally, you may evaluate how the addition of B of A to your portfolios can decrease your overall portfolio volatility.
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Is B of A'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 B of A. If investors know BAC 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 B of A 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
Dividend Share
Earnings Share
Revenue Per Share
Quarterly Revenue Growth
The market value of Bank Of America is measured differently than its book value, which is the value of BAC that is recorded on the company's balance sheet. Investors also form their own opinion of B of A's value that differs from its market value or its book value, called intrinsic value, which is B of A'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 B of A's market value can be influenced by many factors that don't directly affect B of A'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 B of A's value and its price as these two are different measures arrived at by different means. Investors typically determine if B of A is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, B of A'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.