B of A Fundamentals

BAC
 Stock
  

USD 36.55  1.30  3.43%   

Bank Of America fundamentals help investors to digest information that contributes to B of A's financial success or failures. It also enables traders to predict the movement of B of A Stock. The fundamental analysis module provides a way to measure B of A's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to B of A stock.
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.
  
B of A Gross Profit is projected to increase significantly based on the last few years of reporting. The past year's Gross Profit was at 89.11 Billion. The current year Net Income is expected to grow to about 34.5 B, whereas Consolidated Income is forecasted to decline to about 26.3 B.

B of A EBITDA Analysis

B of A's EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a measure of a company operating cash flow based on data from the company income statement and is a very good way to compare companies within industries or across different sectors. However, unlike Operating Cash Flow, EBITDA does not include the effects of changes in working capital.

B of A Earnings Before Interest Taxes and Depreciation Amortization EBITDA

32.02 Billion

EBITDA 
 = 
Revenue 
-  
Basic Expenses 
More About EBITDA | All Equity Analysis

Current B of A EBITDA

    
  40.61 B  
Most of B of A's fundamental indicators, such as EBITDA, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Bank Of America is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

B of A EBITDA Historical Pattern

Today, most investors in B of A Stock are looking for potential investment opportunities by analyzing not only static indicators but also various B of A's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's ebitda growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of B of A ebitda as a starting point in their analysis.
   B of A EBITDA   
Share
       Timeline  
In a nutshell, EBITDA is calculated by adding back each of the excluded items to the post-tax profit, and can be used to compare companies with very different capital structures.
Compare to competition

B of A EBITDA Margin

EBITDA Margin

0.24

B of A EBITDA Margin is projected to increase slightly based on the last few years of reporting. The past year's EBITDA Margin was at 0.40
According to the company disclosure, Bank Of America reported earnings before interest,tax, depreciation and amortization of 40.61 B. This is 35.88% lower than that of the Banks sector and significantly higher than that of the Financials industry. The ebitda for all United States stocks is significantly lower than that of the firm.

Bank Of America Fundamental Drivers Relationships

Comparative valuation techniques use various fundamental indicators to help in determining B of A's current stock value. Our valuation model uses many indicators to compare B of A value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across B of A competition to find correlations between indicators driving B of A's intrinsic value. More Info.
Bank Of America is number one stock in price to earnings to growth category among related companies. It is number one stock in number of shares shorted category among related companies making about  732,357  of Number of Shares Shorted per Price to Earnings To Growth. . Comparative valuation analysis is a catch-all model that can be used if you cannot value B of A by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for B of A's Stock . Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the B of A's earnings, one of the primary drivers of an investment's value.

B of A Number of Employees Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses B of A's direct or indirect competition against its Number of Employees to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of B of A could also be used in its relative valuation, which is a method of valuing B of A by comparing valuation metrics of similar companies.
B of A is currently under evaluation in number of employees category among related companies.

B of A Current Valuation Drivers

We derive many important indicators used in calculating different scores of B of A from analyzing B of A's financial statements. These drivers represent accounts that assess B of A's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of B of A's important valuation drivers and their relationship over time.
201720182019202020212022 (projected)
Net Income Per Employee87.23 K137.97 K131.88 K83.78 K153.74 K165.88 K
Revenue Per Employee479.73 K542.08 K546.1 K438.95 K451.21 K428.25 K
Average Assets2,266.84 B2,328.37 B2,408.37 B2,729.93 B3,063.71 B2,970.54 B
Earnings Before Interest Taxes and Depreciation Amortization EBITDA31.32 B36.65 B34.48 B20.84 B35.87 B32.02 B
Earnings Before Interest Taxes and Depreciation Amortization USD31.32 B36.65 B34.48 B20.84 B35.87 B32.02 B
Earnings before Tax29.21 B34.58 B32.75 B19 B33.98 B29.66 B
Average Equity269.69 B264.48 B267.9 B268.08 B273.41 B291.22 B
Enterprise Value359.96 B235.6 B356.72 B93.72 B322.13 B297.18 B
Free Cash Flow9.86 B39.52 B61.78 B37.99 B(7.19 B)(7.38 B)
Invested Capital2,267.88 B2,276.1 B2,352.03 B2,512.19 B2,990.59 B2,929.62 B
Invested Capital Average2,255.75 B2,263.28 B2,351.2 B2,460.31 B2,920.07 B2,896.83 B
Market Capitalization307.91 B241.82 B316.81 B262.21 B364.11 B319.38 B
Tangible Asset Value2,212.28 B2,285.56 B2,365.13 B2,750.68 B3,100.47 B2,954.11 B

B of A ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, B of A's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to B of A's managers, analysts, and investors.
Environment Score
Governance Score
Social Score

B of A Fundamentals

About B of A Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Bank Of America's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of B of A using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Bank Of America based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Last ReportedProjected for 2022
Revenues93.9 B109.5 B
Revenue to Assets 0.029611  0.0416 
Revenue Per Employee451.2 K428.2 K

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 the 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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Pair Trading with B of A

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if B of A position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in B of A will appreciate offsetting losses from the drop in the long position's value.

Moving together with B of A

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The ability to find closely correlated positions to B of A could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace B of A when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back B of A - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Bank Of America to buy it.
The correlation of B of A is a statistical measure of how it moves in relation to other equities. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as B of A moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Bank Of America moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for B of A can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
Continue to B of A Piotroski F Score and B of A Altman Z Score analysis. 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 ETF Directory module to find actively traded Exchange Traded Funds (ETF) from around the world.

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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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Is B of A's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of B of A. If investors know B of A will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about B of A listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth YOY
(0.047) 
Market Capitalization
303.6 B
Quarterly Revenue Growth YOY
0.009
Return On Assets
0.0089
Return On Equity
0.1
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 B of A's underlying business (such as a 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.