Pierre Weck - B of A Independent Director

BAC
 Stock
  

USD 36.26  0.38  1.04%   

  Director
Mr. Pierre J. P. de Weck is Independent Director of the Company. Mr. de Wecks experience as an executive with UBS AG and Deutsche Bank AG enables him to bring extensive knowledge of the global financial services industry to our Board. As a former Chairman and Global Head of Private Wealth Management and member of the Group Executive Committee of Deutsche Bank, Mr. de Weck has broad experience in risk management and strategic planning and brings a valuable international perspective to our companys business activities, including through his service on the Board of Directors of Bank of America Merrill Lynch International
Age: 70  Director Since 2013      
704 386-5681  www.bankofamerica.com
de Weck’s service as Chief Credit Officer of UBS provides him with further credit risk management experience.

B of A Management Efficiency

Bank Of America has Return on Asset of 0.91 % which means that on every $100 spent on asset, it made $0.91 of profit. This is way below average. In the same way, it shows return on shareholders equity (ROE) of 10.26 %, implying that it generated $10.26 on every 100 dollars invested. B of A management efficiency ratios could be used to measure how well the company manages its routine affairs as well as how well it operates its assets and liabilities. As of August 17, 2022, Return on Average Assets is expected to decline to 0.009142. In addition to that, Return on Average Equity is expected to decline to 0.1. B of A Revenue to Assets are projected to slightly decrease based on the last few years of reporting. The past year's Revenue to Assets were at 0.029611. The current year Total Assets Per Share is expected to grow to 423.35, whereas Total Assets are forecasted to decline to about 3033.3 B.
The company has 563.64 B in debt with debt to equity (D/E) ratio of 7.37, demonstrating that the company may be unable to create cash to meet all of its financial commitments. Debt can assist B of A until it has trouble settling it off, either with new capital or with free cash flow. So, B of A's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Bank Of America sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for B of A to invest in growth at high rates of return. When we think about B of A's use of debt, we should always consider it together with cash and equity.

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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 based 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 210000 people. 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 210,000 people. B of A is listed under Banking category by Fama And French industry classification.

Bank Of America Leadership Team

Elected by the shareholders, the B of A's board of directors comprises two types of representatives: B of A inside directors who are chosen from within the company, and outside directors, selected externally and held independent of B of A. The board's role is to monitor B of A's management team and ensure that shareholders' interests are well served. B of A's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, B of A's outside directors are responsible for providing unbiased perspectives on the board's policies.
Gary Lynch, Vice Chairman
Frank Bramble, Independent Director
Bernard Mensah, President International
Thomas Montag, Chief Operating Officer
David Leitch, Global General Counsel
Alastair Borthwick, Chief Financial Officer
Sheri Bronstein, Chief Human Resource Officer
Susan Bies, Independent Director
Andrea Smith, Chief Administrative Officer
Rita Cook, President of Bank of America Chicago
Catherine Bessant, Chief Operations and Technology Officer
Dean Athanasia, President - Preferred & Small Business Banking and Co-Head - Consumer Banking
Alexander WilmotSitwell, President Europe and Emerging Markets
Thomas Woods, Independent Director
Terrence Laughlin, President - Strategic Initiatives
Sharon Allen, Independent Director
David Darnell, Executive Officer
Kathleen Knox, President - Private Bank
Aditya Bhasin, Chief Technology & Information Officer
Bruce Thompson, Vice Chair, Head of Enterprise Credit
Charles Gifford, Director
Geoffrey Greener, Chief Risk Officer
Monica Lozano, Independent Director
Robert Yost, Independent Director
Thomas Scrivener, Chief Operations Executive
Arnold Donald, Independent Director
Al Mcrae, President - Bank of America Atlanta
Jack Bovender, Lead Independent Director
Terry Laughlin, President - Strategic Initiatives
Anne Finucane, Vice Chairman of the Board
Lionel Nowell, Lead Independent Director
Paul Donofrio, Vice Chairman of the Board
Denise Ramos, Independent Director
James Demare, President Global Markets
Lauren Mogensen, Global General Counsel
Linda Hudson, Independent Director
Matthew Koder, President Global Corporate and Investment Banking
Brian Moynihan, Chairman of the Board, President, Chief Executive Officer
Thomas May, Independent Director
Pierre Weck, Independent Director
Michael White, Independent Director
Andrew Sieg, President - Merrill Lynch Wealth Management
Clayton Rose, Independent Director
Thong Nguyen, President of Retail Banking, and Co-Head – Consumer Banking
Maria Zuber, Independent Director

B of A Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is B of A a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

B of A Investors Sentiment

The influence of B of A's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in B of A. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.
Investor biases related to B of A's public news can be used to forecast risks associated with investment in B of A. The trend in average sentiment can be used to explain how an investor holding B of A can time the market purely based on public headlines and social activities around Bank Of America. Please note that most equiteis that are difficult to arbitrage are affected by market sentiment the most.
B of A's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for B of A's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average B of A's news discussions. The higher the estimated score, the more favorable is the investor's outlook on B of A.

B of A Implied Volatility

    
  28.89  
B of A's implied volatility exposes the market's sentiment of Bank Of America stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if B of A's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that B of A stock will not fluctuate a lot when B of A's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards B of A in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, B of A's short interest history, or implied volatility extrapolated from B of A options trading.

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 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 Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.

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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.
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.