stock.name

Bank Of America Corp.

BAC

Market Cap$307.03B
Close$

Compare to Similar Companies

P/E RatioDividendsReturn on EquityPrice-to-SalesDebt-to-Equity
Bank Of America Corp.Bank Of America Corp.13.12.42%8%1.82.3

Earnings Call Q4 2023

January 12, 2024 - AI Summary

Bank of America reported solid fourth quarter and full year results, with adjusted net income of $5.9 billion or $0.70 per share.
The bank delivered strong profits in 2023 despite a challenging economic environment, geopolitical tensions, and rate hikes.
Consumer deposit balances remained 30% higher than pre-pandemic levels, although there was a decline in average balance size accounts as customers moved excess balances into the markets for higher yields.

Exclusive for Stockcircle Pro members

Sign upSign Up
$44.00

Target Price by Analysts

10% upsideBank Of America Target Price DetailsTarget Price
$32.14

Current Fair Value

19.6% downside

Overvalued by 19.6% based on the discounted cash flow analysis.

Share Statistics

Market cap$307.03 Billion
Enterprise Value$971.93 Billion
Dividend Yield$0.9504 (2.42%)
Earnings per Share$2.92
Beta0.0
Outstanding Shares7,820,370,305
Avg 30 Day Volume35,390,203

Return

Return on Equity-
Return on Assets-
Return on Invested Capital-

Valuation & Multiples

P/E Ratio13.15
PEG-66.49
Price to Sales1.82
Price to Book Ratio1.08
Enterprise Value to Revenue5.41
Enterprise Value to EBIT36.66
Enterprise Value to Net Income41
Total Debt to Enterprise0.68
Debt to Equity2.27

Revenue Sources

No data

Insider Trades

ESG Score

No data

About Bank Of America Corp.

213,000 employees
CEO: Brian Moynihan

Bank of America is one of the world’s leading financial institutions, serving individual consumers, small and middle-market businesses and large corporations with a full range of banking, investing, asset management and other financial a...