B of A Stock Quote Today

BAC -  USA Stock  

USD 37.98  0.15  0.39%

B of A is trading at 37.98 as of the 27th of July 2021, a -0.39 percent decrease since the beginning of the trading day. The stock's open price was 38.13. B of A has 50 percent odds of going through some form of financial distress in the next two years and has generated negative returns to investors over the last 90 days. Equity ratings for Bank Of America are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 2nd of June 2020 and ending today, the 27th of July 2021. Please note, there could be an existing legal relationship between Bank Of America (BAC) and Bank Of America (BAC.WSA). Click here to learn more.
 Market Performance
0 of 100
  Odds Of Distress
Less than 50

B of A Stock Profile

The next fiscal quarter end is expected on the 30th of September 2021. The stock is undergoing above-average trading activities. 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. more on B of A
Bank Of America generates negative expected return over the last 90 days
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 MacroaxisInsider: Exercise or conversion by Brian Moynihan of 17819 shares of B of A subject to Rule 16b-3
B of A Fama & French Banking
Banking
Fama & French Classification
Bank Of America SEC Filings
B of A SEC Filings Security & Exchange Commission EDGAR Reports
Legal NameBank Of America
Related EntityBAC.WSA (Bank Of America)
Vice ChairmanGary Lynch  (View All)
Thematic Classifications
Active investing themes B of A currently participates. (view all). An investing theme is an unweighted collection of funds, stocks, ETFs or cryptocurrencies
Average Analyst Recommendation
Analysts covering B of A report their recommendations after researching B of A's financial statements, talking to executives and customers, or listening in on B of A's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Bank Of America. The B of A consensus assessment is calculated by taking the average forecast from all of the analysts covering B of A.
Piotroski F Score
Piotroski F-Score is a popular financial indicator that puts together nine criteria to evaluate the financial strength of Bank Of America based on its profitability, leverage, liquidity, source of funds, and operating efficiency. it is an academic score (developed by Joseph Piotroski in 2002) to determine the current strength of Bank Of America financial position. Scores of 8 and 9 are usually classified as strong value stocks, whereas scores of 2 or below are considered weak value stocks.
 6 - HealthyDetails
Current ValueLast YearChange From Last Year 10 Year Trend
Weighted Average Shares8.9 B8.8 B
Fairly Up
Decreasing
Slightly volatile
Weighted Average Shares DilutedB8.8 B
Fairly Up
Decreasing
Slightly volatile
Net Cash Flow from Operations37.2 B38 B
Fairly Down
Decreasing
Stable
Total Assets2801.5 B2819.6 B
Slightly Down
Increasing
Slightly volatile
Total Liabilities2512.4 B2546.7 B
Fairly Down
Increasing
Slightly volatile
Total Debt450.7 B452.6 B
Slightly Down
Decreasing
Slightly volatile
Return on Average Assets0.00630.006
Notably Up
Increasing
Slightly volatile
Gross Margin0.890.9
Fairly Down
Decreasing
Slightly volatile
Asset Turnover0.03280.031
Notably Up
Decreasing
Slightly volatile
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of B of A's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Strong BuyUndervalued
Average Bond Rating: BBB+Good
Bank Of America (BAC) is traded on New York Stock Exchange in USA. It is located in Bank of America Corporate Center, 100 N. Tryon Street, Charlotte, NC 28255, United States and employs 212,000 people. B of A is listed under Banking category by Fama And French industry classification. The company currently falls under 'Mega-Cap' category with total capitalization of 326.75 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. Bank Of America runs under Financial Services sector within Banks—Diversified industry. The entity has 8.57 B outstanding shares of which 80.63 M shares are currently shorted by investors with about 2.0 days to cover shorted positions. 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.
Check B of A Probability Of Bankruptcy
Ownership
B of A holds a total of eight billion five hundred seventy million outstanding shares. The majority of Bank Of America outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to acquire positions in Bank Of America to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in B of A. Please pay attention to any change in the institutional holdings of Bank Of America as this could imply that something significant has changed or about to change at the company. Please note that no matter how much assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.

Ownership Allocation (%)

Check B of A Ownership Details

B of A Stock Price Odds Analysis

What are B of A's target price odds to finish over the current price? Depending on a normal probability distribution, the odds of B of A jumping above the current price in 90 days from now is roughly 96.0%. The Bank Of America probability density function shows the probability of B of A stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon the stock has a beta coefficient of 1.4125 suggesting as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, B of A will likely underperform. Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. Bank Of America is significantly underperforming DOW.
 Odds Down 37.98HorizonTargetOdds Up 37.98 
3.87%90 days
 37.98 
96.07%
Based on a normal probability distribution, the odds of B of A to move above the current price in 90 days from now is roughly 96.0 (This Bank Of America probability density function shows the probability of B of A Stock to fall within a particular range of prices over 90 days) .

B of A Historical Income Statement

Bank Of America Income Statement is one of the three primary financial statements used for reporting B of A's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Bank Of America revenue and expense. B of A Income Statement primarily focuses on the company's revenues and expenses during a particular period.
B of A Earning Before Interest and Taxes EBIT is projected to increase significantly based on the last few years of reporting. The past year's Earning Before Interest and Taxes EBIT was at 19 Billion. The current year Operating Expenses is expected to grow to about 56.3 B, whereas Consolidated Income is forecasted to decline to about 17.1 B. View More Fundamentals

B of A Stock Against Markets

Picking the right benchmark for B of A stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in B of A stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for B of A is critical whether you are bullish or bearish towards Bank Of America at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in B of A without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

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B of A Corporate Directors

B of A corporate directors refer to members of a B of A board of directors. The board of directors generally takes responsibility for the B of A's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of B of A's board members must vote for the resolution. The B of A board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Frank Bramble - Independent DirectorProfile
Susan Bies - Independent DirectorProfile
Thomas Woods - Independent DirectorProfile
Sharon Allen - Independent DirectorProfile
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 Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..

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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.