B of A Current Valuation

BAC
 Stock
  

USD 37.85  0.85  2.30%   

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 Current Valuation Analysis

B of A's Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
 2019 2020 2021 2022 (projected)
Net Income Common Stock USD26 B16.47 B30.56 B24.73 B
Net Income Common Stock26 B16.47 B30.56 B24.73 B
Enterprise Value 
 = 
Market Cap + Debt 
-  
Cash 
More About Current Valuation | All Equity Analysis

Current B of A Current Valuation

    
  170.97 B  
Most of B of A's fundamental indicators, such as Current Valuation, 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 Current Valuation Driver Correlations

Understanding the fundamental principles of building solid financial models for B of A is extremely important. It helps to project a fair market value of Ford stock properly, considering its historical fundamentals such as Current Valuation. Since B of A's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of B of A's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of B of A's interrelated accounts and indicators.

B of A Current Valuation 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 current valuation 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 current valuation as a starting point in their analysis.
   B of A Current Valuation   
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       Timeline  
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
Compare to competition

In accordance with the recently published financial statements, Bank Of America has a Current Valuation of 170.97 B. This is much higher than that of the Financial Services sector and significantly higher than that of the Banks—Diversified industry. The current valuation for all United States stocks is significantly lower than that of the firm.

B of A Current Valuation 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 Current Valuation 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 current valuation 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.
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 213000 people.

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

    
  34.59  
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

+0.69CCitigroup Fiscal Year End 13th of January 2023 PairCorr
+0.9HBANHuntington Bcshs Potential GrowthPairCorr
+0.98JPMJP Morgan Chase Fiscal Year End 13th of January 2023 PairCorr
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 Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.

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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
295.7 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.