B of A Stock Analysis

BAC -  USA Stock  

USD 38.78  1.02  2.56%

The current indifference towards the small price fluctuations of Bank Of America could raise concerns from investors as the firm it trading at a share price of 38.78 on 102,734,600 in volume. The company management teams did not add any value to B of A investors in May. However, most investors can still diversify their portfolios with Bank Of America to hedge their inherited risk against high-volatility market scenarios. The stock standard deviation of daily returns for 90 days investing horizon is currently 1.38. The below-average Stock volatility is a good sign for longer-term investment options and for buy-and-hold investors.
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The B of A stock analysis report makes it easy to digest most publicly released information about B of A and get updates on important government artifacts, including earning estimates, SEC corporate filings, and announcements. B of A stock analysis module also helps to analyze the B of A price relationship with some important fundamental indicators such as market cap and management efficiency.

B of A Stock Analysis Notes

About 73.0% of the company shares are held by institutions such as insurance companies. The company has price-to-book (P/B) ratio of 1.43. Some equities with similar Price to Book (P/B) outperform the market in the long run. Bank Of America next dividend is scheduled to be issued on the 3rd of June 2021. 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 headquartered 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 212000 people. For more info on Bank Of America please contact Brian Moynihan at 704 386 5681 or go to http://www.bankofamerica.com.

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 has high likelihood to experience some financial distress in the next 2 years
Bank Of America has about 803.34 B in cash with (33.38 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 93.75, which can makes it an attractive takeover target, given it will continue generating positive cash flow.
Roughly 73.0% of the company shares are held by institutions such as insurance companies
Latest headline from www.businessinsider.com: Stock Picks to Buy and Favorites of Big Investors From Bank of America - Business Insider

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.
Upcoming Quarterly Report15th of July 2021
Next Earnings Report13th of October 2021
Next Fiscal Quarter End30th of June 2021
Next Fiscal Year End18th of January 2022
Last Quarter Report31st of March 2021
Last Earning Announcement30th of June 2020

B of A 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.
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 
2014-01-15
2013-12-310.260.290.0311 
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.
4th of May 2021
Unclassified Corporate Event
View
22nd of April 2021
Financial Statements and Exhibits. Submission of Matters to a Vote of Security Holders. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers
View
21st of April 2021
Unclassified Corporate Event
View
15th of April 2021
Financial Statements and Exhibits. Other Events. Regulation FD Disclosure. Results of Operations and Financial Condition
View
14th of April 2021
Unclassified Corporate Event
View
12th of April 2021
Unclassified Corporate Event
View
2nd of April 2021
Unclassified Corporate Event
View
1st of April 2021
Unclassified Corporate Event
View

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.
Baby Boomer Prospects IdeaBaby Boomer Prospects
Mega stocks, funds and ETFs that tend to appeal to people considering retirement from the work force
Top FinTech IdeaTop FinTech
A collection of large financial service, investment, and banking companies
Momentum IdeaMomentum
Macroaxis long run momentum stocks
Banks IdeaBanks
All money banks and credit services
Investor Favorites IdeaInvestor Favorites
Equities most commonly found in portfolios of money managers

B of A 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.
Security TypeSharesValue
Berkshire Hathaway IncCommon SharesB39.1 B
Vanguard Group IncCommon Shares621.6 M24 B
Blackrock IncCommon Shares512.7 M19.8 B
State Street CorpCommon Shares335.2 M13 B
Fmr LlcCommon Shares230 M8.9 B
Wellington Management Group LlpCommon Shares172.5 M6.7 B
Price T Rowe Associates IncCommon Shares125.5 M4.9 B
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.

B of A Market Capitalization

The company currently falls under 'Mega-Cap' category with total capitalization of 356.66 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 these looking for more risk prefer small-cap and mid-cap equities.

B of A 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 27.12 %, which may imply that it executes well on its competitive polices and has reasonable control over its expenses and variable costs. This is very large.
Last ReportedProjected for 2021
Return on Average Assets 0.006  0.006342 
Return on Average Equity 0.06  0.06 
Return on Invested Capital 0.008  0.009632 
Return on Sales 0.22  0.23 

Management Efficiency

The entity has Return on Asset of 0.79 % which means that on every $100 spent on asset, it made $0.79 of profit. This is way below average. In the same way, it shows return on shareholders equity (ROE) of 8.14 %, implying that it generated $8.14 on every 100 dollars invested. B of A 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. B of A Return on Average Assets are projected to increase slightly based on the last few years of reporting. The past year's Return on Average Assets were at 0.006. The current year Return on Invested Capital is expected to grow to 0.009632, whereas Return on Average Equity is forecasted to decline to 0.06. B of A Goodwill and Intangible Assets are projected to decrease significantly based on the last few years of reporting. The past year's Goodwill and Intangible Assets were at 62.06 Billion. The current year Revenue to Assets is expected to grow to 0.0443, whereas Total Assets are forecasted to decline to about 2801.5 B.
Last ReportedProjected for 2021
Book Value per Share 31.18  30.89 
Enterprise Value over EBIT 5.00  5.39 
Enterprise Value over EBITDA 4.50  4.61 
Price to Book Value 0.96  0.96 
Tangible Assets Book Value per Share 314.25  292.50 
Enterprise Value93.7 B96.2 B
Tangible Asset Value2750.7 B2720.8 B

Technical Drivers

As of the 19th of June, B of A shows the Risk Adjusted Performance of 0.0482, mean deviation of 1.09, and Downside Deviation of 1.58. 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 38.78 per share. Given that B of A has jensen alpha of 0.0421, 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

The output start index for this execution was twenty-eight with a total number of output elements of thirty-three. The Mid-point over period is an average of Bank Of America highest and lowest values attained during the given period. View also all equity analysis or get more info about midpoint over period overlap studies indicator.

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.

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 B of A 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.
MaturityCouponRating
B of A05/23/20366.625
BB
BANK AMER CORP09/15/20376.5
BBB+
B of A10/15/20366.0
A-
B of A06/15/20235.0
A-
B of A08/15/20235.15
A-
B of A01/15/20294.35
A-
B of A02/15/20264.0
A-
B of A02/15/20344.45
A-

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 time-series forecasting models is one of many B of A's stock analysis techniquest aimed to predict 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 stock market movement and maximize returns from investment trading.

About B of A Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how B of A stock is reacting to, or reflecting on a current stock market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling B of A 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 B of A Stock analysis, traders can create a robust methodology for identifying B of A entry and exit points for their positions.
Last ReportedProjected for 2021
EBITDA Margin 0.24  0.25 
Gross Margin 0.90  0.89 
Profit Margin 0.19  0.18 
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 headquartered 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 212000 people.

Current B of A Analysis - Recommendations

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. B of A 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. B of A 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
40.5Buy11Odds
Bank Of America current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most B of A 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 B of A 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 B of A conference calls.
B of A Analyst Advice Details

B of A 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.
Trailing Annual Dividend Rate0.72
Fifty Two Week Low22.39
Revenue Growth37.10%
Payout Ratio30.90%
Average Daily Volume Last 10 Day36.79M
Shares Short Prior Month83.48M
Average Daily Volume In Three Month47.06M
Earnings Growth115.00%
Shares Percent Shares Out1.05%
Earnings Quarterly Growth100.70%
Forward Price Earnings13.43
Short Percent Of Float1.20%
Float Shares8.54B
Fifty Two Week High43.49
Fifty Day Average41.89
Two Hundred Day Average35.99
Enterprise Value To Revenue1.70
Trailing Annual Dividend Yield1.74%
Continue to Trending Equities. 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 Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.

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When running Bank Of America 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 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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The market value of Bank Of America is measured differently than its book value, which is the value of B of A 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 Bank Of America underlying business (such as 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 B of A value 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.