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NYSE: BAC
Bank Of America Corp Stock

$28.55-0.10 (-0.35%)
Updated Sep 20, 2023
BAC Price
$28.55
Fair Value Price
N/A
Market Cap
$226.87B
52 Week Low
$26.32
52 Week High
$38.60
P/E
8.16x
P/B
0.8x
P/S
2.3x
PEG
0.99x
Dividend Yield
3.15%
Revenue
$100.49B
Earnings
$29.78B
Gross Margin
100%
Operating Margin
33.16%
Profit Margin
28.1%
Debt to Equity
10.02
Operating Cash Flow
$45B
Beta
1.21
Next Earnings
Oct 17, 2023
Ex-Dividend
Aug 31, 2023
Next Dividend
Sep 29, 2023

BAC Overview

The Bank of America Corporation is an investment bank and financial services holding company. It is the second-largest banking institution in the U.S. and the eighth-largest bank in the world. Its primary financial services involve commercial banking, wealth management, and investment banking. Bank of America was founded in 1998 and is headquartered in Charlotte, NC.

Zen Score

Industry Average (34)
You've viewed Zen Score for 10/10 free stocks. Upgrade to Premium to see how BAC scored across 38 valuation, financial, forecast, performance, and dividend due diligence checks.

Due Diligence Checks

BAC ($28.55) is trading above its intrinsic value of $26.46, according to an updated version of Benjamin Graham's Formula from Chapter 11 of "The Intelligent Investor"
Below Benjamin Graham Formula Value Valuation
BAC is good value based on its earnings relative to its share price (8.16x), compared to the US market average (14.54x)
P/E vs Market Valuation
BAC is good value based... subscribe to Premium to read more.
P/E vs Industry Valuation
There are 35 more BAC due diligence checks available for Premium users.

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BAC News

Valuation

BAC price to earnings (PE)

For valuing profitable companies with steady earnings
Company
8.16x
Industry
18.45x
Market
14.54x
BAC is good value based... subscribe to Premium to read more.
P/E vs Industry Valuation
BAC is good value based... subscribe to Premium to read more.
P/E vs Market Valuation

BAC price to book (PB)

For valuing companies that are loss-making or have lots of physical asset
Company
0.8x
Industry
0.96x
BAC is good value based... subscribe to Premium to read more.
P/B vs Industry Valuation

BAC price to earnings growth (PEG)

For valuing profitable companies with growth potential
BAC is good value based... subscribe to Premium to read more.
PEG Value Valuation

BAC's financial health

Profit margin

Revenue
$25.2B
Net Income
$7.4B
Profit Margin
28.2%
BAC's Earnings (EBIT) of $33.32B... subscribe to Premium to read more.
Interest Coverage Financials
BAC's profit margin has decreased... subscribe to Premium to read more.
Profit Margin Growth Financials

Assets to liabilities

Assets
$3.1T
Liabilities
$2.8T
Debt to equity
10.02
BAC's debt has increased relative... subscribe to Premium to read more.
Shrinking Debt Financials
BAC's debt to equity ratio... subscribe to Premium to read more.
Healthy Debt to Equity Financials

Cash flow

Operating
$11.8B
Investing
$57.9B
Financing
-$71.7B
BAC's operating cash flow ($44.64B)... subscribe to Premium to read more.
Debt Coverage Financials

BAC vs Diversified Bank Stocks

TickerMarket Cap1d %P/EP/B
BAC$226.87B-0.35%8.16x0.80x
HSBC$158.74B-0.86%10.43x0.85x
WFC$156.31B-0.81%10.61x0.87x
RY$127.13B+0.09%11.88x1.53x
TD$112.61B-0.11%10.76x1.35x

Bank Of America Stock FAQ

What is Bank Of America's quote symbol?

(NYSE: BAC) Bank Of America trades on the NYSE under the ticker symbol BAC. Bank Of America stock quotes can also be displayed as NYSE: BAC.

If you're new to stock investing, here's how to buy Bank Of America stock.

What is the 52 week high and low for Bank Of America (NYSE: BAC)?

(NYSE: BAC) Bank Of America's 52-week high was $38.60, and its 52-week low was $26.32. It is currently -26.04% from its 52-week high and 8.47% from its 52-week low.

How much is Bank Of America stock worth today?

(NYSE: BAC) Bank Of America currently has 7,946,371,758 outstanding shares. With Bank Of America stock trading at $28.55 per share, the total value of Bank Of America stock (market capitalization) is $226.87B.

Bank Of America stock was originally listed at a price of $30.41 in Dec 31, 1997. If you had invested in Bank Of America stock at $30.41, your return over the last 25 years would have been -6.1%, for an annualized return of -0.25% (not including any dividends or dividend reinvestments).

How much is Bank Of America's stock price per share?

(NYSE: BAC) Bank Of America stock price per share is $28.55 today (as of Sep 20, 2023).

What is Bank Of America's Market Cap?

(NYSE: BAC) Bank Of America's market cap is $226.87B, as of Sep 22, 2023.

Market cap (market capitalization) is the total market value of a publicly traded company's outstanding shares.

Bank Of America's market cap is calculated by multiplying BAC's current stock price of $28.55 by BAC's total outstanding shares of 7,946,371,758.
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