About Bank of America Corporation
Bank of America Corporation, through its subsidiaries, provides various financial products and services for individual consumers, small and middle-market businesses, institutional investors, large corporations, and governments worldwide. It operates through four segments: Consumer Banking, Global Wealth & Investment Management (GWIM), Global Banking, and Global Markets. The Consumer Banking segment offers traditional and money market savings accounts, certificates of deposit and IRAs, checking accounts, and investment accounts and products; credit and debit cards; residential mortgages and home equity loans; and direct and indirect loans. The GWIM segment provides investment management, brokerage, banking, and trust and retirement products and services; wealth management solutions; and customized solutions, including specialty asset management services. The Global Banking segment offers lending products and services, including commercial loans, leases, commitment facilities, trade finance, and commercial real estate and asset-based lending; treasury solutions, and underwriting and advisory services. The Global Markets segment provides market-making, financing, securities clearing, settlement, and custody services; securities and derivative products; and risk management products using interest rate, equity, credit, currency and commodity derivatives, foreign exchange, fixed-income, and mortgage-related products. Bank of America Corporation was founded in 1784 and is based in Charlotte, North Carolina.
Bank of America Corporation (BAC) is a Financial Services company in the Banks - Diversified industry with a market capitalisation of $440.1B. The stock trades at 14.53x trailing earnings and yields 2.05%.
- Sector
- Financial Services
- Industry
- Banks - Diversified
- Market cap
- $440.1B
- P/E ratio
- 14.53
- Forward P/E
- 11.89
- EPS (TTM)
- $4.33
- Revenue (TTM)
- $113.9B
- Profit margin
- 29.5%
- Dividend yield
- 2.05%
- Beta
- 1.16
- Shares outstanding
- 7B
Financial health: Strong9.2/10
5 strengths, 0 concerns. No red flags against these benchmarks.
- Return on equity: 11.2% (Watch, benchmark > 15%) — Earns 11.2% on shareholder equity, short of the > 15% mark.
- Net margin: 29.5% (Strong, benchmark > 10%) — Turns 29.5% of revenue into profit, comfortably past the > 10% mark.
- Revenue growth: 16.8% (Strong, benchmark > 10%) — Revenue changed 16.8% year on year, comfortably past the > 10% mark.
- Earnings growth: 34.1% (Strong, benchmark > 10%) — Earnings changed 34.1% year on year, comfortably past the > 10% mark.
- PEG ratio: 0.95 (Strong, benchmark < 1) — At 0.95, the price looks cheap relative to expected growth — Lynch treated 1.0 as fair value.
- Payout ratio: 25.9% (Strong, benchmark < 60%) — Pays out 25.9% of earnings as dividends, leaving room to keep paying.