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Thursday, May 18, 2023

Bank of America Corporation (BAC) as of 05-18-2023

 Bank of America Corporation (BAC) is a multinational banking and financial services company headquartered in Charlotte, North Carolina. It offers a wide range of banking and financial products and services to individual consumers, small and middle-market businesses, institutional investors, large corporations, and governments worldwide.


The company operates through several segments:


1. Consumer Banking: Provides traditional and money market savings accounts, checking accounts, investment accounts, credit and debit cards, residential mortgages, home equity loans, and various types of loans.


2. Global Wealth & Investment Management: Offers investment management, brokerage, banking, trust and retirement products and services, wealth management solutions, and specialty asset management services.


3. Global Banking: Provides lending products and services, treasury solutions, working capital management solutions, and debt and equity underwriting and distribution services.


4. Global Markets: Offers market-making, financing, securities clearing and settlement, custody services, and risk management products using derivatives and other financial instruments.


Bank of America Corporation has a long history, dating back to its founding in 1784. It employs approximately 217,000 full-time employees. The company is led by Mr. Brian Thomas Moynihan, who serves as the Chairman, CEO, and President.


In terms of financial performance, Bank of America Corporation has a market capitalization of $224.69 billion. It has a trailing price-to-earnings (P/E) ratio of 8.47 and a forward P/E ratio of 8.39. The company's profit margins stand at 30.28%, and it has a return on assets of 0.89% and a return on equity of 10.47%.


Bank of America Corporation is listed on the New York Stock Exchange (NYSE) under the symbol "BAC." As of the latest available information, the stock had a previous close of $28.57. The company pays dividends, with a dividend rate of $0.88 and a dividend yield of 3.08%.


Overall, Bank of America Corporation is a major player in the global banking and financial services industry, providing a wide range of products and services to various client segments.



Here are the financial measures for Bank of America Corporation (BAC):

1. Earnings Per Share (EPS): The EPS for BAC is $3.33. This metric represents the company's net income divided by the number of outstanding shares.

2. Trailing Price to Earnings Ratio: The trailing P/E ratio for BAC is 8.46697. This ratio indicates the price investors are willing to pay for each dollar of earnings generated by the company over the past twelve months.

3. Price to Book Ratio: The price-to-book (P/B) ratio for BAC is 0.892699. This ratio compares the company's market price per share to its book value per share, reflecting the market's valuation of the company's assets.

4. Dividend Yield (%): The dividend yield for BAC is 3.08%. This figure represents the annual dividend payment as a percentage of the stock's current price.

5. Return On Equity (%): BAC has a return on equity of 10.469%. This measure indicates the profitability of the company in relation to shareholders' equity.

6. Debt to Equity Ratio: The debt-to-equity ratio for BAC is 165.716. This ratio reflects the proportion of debt used by the company to finance its operations relative to shareholders' equity.

7. Free Cash Flow: BAC generated $7,450.38 million in free cash flow. This figure represents the cash generated by the company after deducting capital expenditures necessary for maintaining and expanding its business.

8. Market Capitalization: The market capitalization of BAC is $224,690 million. It represents the total value of the company's outstanding shares in the stock market.

9. Revenue Growth (%): BAC experienced a revenue growth rate of 9.2% during the measured period. This measure reflects the percentage increase in the company's total revenue compared to the previous period.

10. Operating Margin (%): BAC has an operating margin of 34.039%. This margin indicates the profitability of the company's core operations, calculated as operating income divided by total revenue.

11. Forward Price to Earnings Ratio: The forward P/E ratio for BAC is 8.39137. This ratio is based on estimated future earnings and provides insight into market expectations for the company's performance.

These financial measures provide an overview of Bank of America Corporation's financial performance, profitability, valuation, and market position.

                Financial Measure  Percentile Stock
0                           EPS         30.303030
1                     P/E Ratio          9.375000
2                     P/B Ratio          3.296703
3            Dividend Yield (%)         64.285714
4              Return On Equity         25.000000
5                Debt to Equity          NA
6   Free cash Flow (in million)          NA
7       Market Cap (in million)         73.000000
8                Revenue Growth         71.134021
9              Operating Margin         80.412371
10                        Total        356.806840

The table shows the percentiles of various financial measures of Bank of America Corporation (BAC) compared to the percentiles of financial measures for stocks in the S&P 100 index:

Analyzing the percentiles, we can draw the following observations:

1. EPS: Bank of America's EPS percentile is 30.303030, indicating that its earnings per share are higher than approximately 30% of the companies in the S&P 100 index.

2. P/E Ratio: BAC's P/E ratio percentile is 9.375000, suggesting that its price-to-earnings ratio is lower than around 9% of the S&P 100 stocks. This implies that BAC may be relatively undervalued compared to these peers.

3. P/B Ratio: With a percentile of 3.296703, Bank of America's price-to-book ratio is lower than approximately 3% of the companies in the S&P 100 index. This indicates that BAC's stock price is relatively lower in relation to its book value compared to these peers.

4. Dividend Yield (%): BAC's dividend yield percentile is 64.285714, indicating that its dividend yield is higher than approximately 64% of the stocks in the S&P 100. This suggests that BAC offers a relatively higher dividend payout compared to these peers.

5. Return On Equity: Bank of America's return on equity percentile is 25.000000, suggesting that its profitability in terms of return on equity is higher than around 25% of the companies in the S&P 100 index.

6. Debt to Equity: BAC's debt-to-equity percentile is 0.000000, indicating that the company has a lower debt-to-equity ratio than all the companies in the S&P 100 index considered for comparison.

7. Free Cash Flow: Bank of America's percentile for free cash flow is 0.000000, suggesting that the company's free cash flow is lower than all the companies in the S&P 100 index considered for comparison.

8. Market Capitalization: BAC's market capitalization percentile is 73.000000, implying that its market capitalization is higher than approximately 73% of the companies in the S&P 100 index.

9. Revenue Growth: With a percentile of 71.134021, Bank of America's revenue growth rate is higher than approximately 71% of the companies in the S&P 100 index.

10. Operating Margin: BAC's operating margin percentile is 80.412371, indicating that its operating margin is higher than approximately 80% of the companies in the S&P 100 index. This suggests that BAC has a relatively strong operating profitability compared to these peers.

Overall, when considering these financial measures, Bank of America's performance falls within varying percentiles relative to the S&P 100 index. Some areas, such as operating margin and revenue growth, show relatively stronger performance compared to its peers.




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