Bank of America Corporation(BAC) Stock Research - Grey Stern Research
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Bank of America Corporation (BAC) Stock Analysis

$39.29 (0.18%)

BAC Financial Performance


Use the table below to view Bank of America Corporation's financial profile. This data is gathers from the latest available financial statements. Annual data is taken from the trailing 12 months of statements. All numbers are reported in US Dollars and so any foreign currencies are converted to USD so comparison's can be done.

Based on Financial Statements from Q4 - 2023

Metric Value Ranking among Peers
Price $39.22 -
52 Week Low $24.96 -
52 Week High $39.36 -
Market Cap $306.7 Billion 2/11
Gross Margin 100% 1/11
Profit Margin 14% 4/11
EBITDA margin 0% 8/11
Q4 - 2023 Revenue $48.1 Billion 2/11
Q4 - 2023 Earnings $6.7 Billion 2/11
Q4 - 2023 Free Cash Flow $0 Billion 7/11
Trailing 4 Quarters Revenue $98.4 Billion 3/11
Trailing 4 Quarters Earnings $21.9 Billion 3/11
Quarterly Earnings Growth -18% 9/11
Annual Earnings Growth -26% 8/11
Quarterly Revenue Growth 83% 8/11
Annual Revenue Growth -1% 11/11
Cash On Hand $23.6 Billion 9/11
Short Term Debt $368.6 Billion 2/11
Long Term Debt $296.3 Billion 2/11

Bank of America Corporation Financial Metrics


Financial metrics are a set of useful numbers that can give key performance indicators of a company. The various metrics can include information about profitability, growth, and debt load. When combined and use properly they can tell an analyst a compelling fact-based story of how the company is currently performing. To compare Bank of America Corporation's metrics versus it's peers make sure to run our peer analysis tool.

Valuation Metrics

Metric Value Ranking among Peers
PE 14.02 3/11
PS 3.12 3/11
PB 1.04 8/11
PC -13.02 10/11
Liabilities to Equity 10.15 8/11
ROA 0.01 2/11
ROE 0.07 8/11
Current Ratio 1.10 3/11
Quick Ratio -0.01 8/11
Long Term Debt to Equity 1.01 6/11
Debt to Equity 2.27 6/11
Burn Rate -0.24 7/11
Cash to Cap -0.08 9/11
CCR 8/11
EV to EBITDA -1.00 8/11
EV to Revenue -1.00 11/11

Company Details

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. Its Consumer Banking segment offers traditional and money market savings accounts, certificates of deposit and IRAs, noninterest-and interest-bearing checking accounts, and investment accounts and products; and credit and debit cards, residential mortgages, and home equity loans, as well as direct and indirect loans, such as automotive, recreational vehicle, and consumer personal loans. The company's Global Wealth & Investment Management segment offers investment management, brokerage, banking, and trust and retirement products and services; and wealth management solutions, as well as customized solutions, including specialty asset management services. Its Global Banking segment provides lending products and services, including commercial loans, leases, commitment facilities, trade finance, and commercial real estate and asset-based lending; treasury solutions, such as treasury management, foreign exchange, and short-term investing options and merchant services; working capital management solutions; and debt and equity underwriting and distribution, and merger-related and other advisory services. The company's Global Markets segment offers market-making, financing, securities clearing, settlement, and custody services, as well as risk management products using interest rate, equity, credit, currency and commodity derivatives, foreign exchange, fixed-income, and mortgage-related products. As of December 31, 2021, it served approximately 67 million consumer and small business clients with approximately 4,200 retail financial centers; approximately 16,000 ATMs; and digital banking platforms with approximately 41 million active users. The company was founded in 1784 and is based in Charlotte, North Carolina.

CEO: Mr. Brian Moynihan

Website: https://www.bankofamerica.com

Address: Bank of America Corporate Center, 100 N Tryon St Charlotte, NORTH CAROLINA

Exchange: New York Stock Exchange

Industry: Banks—Diversified

Bank of America Corporation Peer Analysis


A useful and more reliable way of seeing the health of a company is to compare it to other companies operating in the same sector. Below is our list of companies which we rank are the closest peers to Bank of America Corporation. If you feel that peers should be added or removed from this list please contact us. To run an in-depth peer analysis which compares many financial metrics click on the link below.

Stock Ticker Market Cap
Wells Fargo & Company WFC $212.9 Billion
Citigroup Inc. C $122.2 Billion
JPMorgan Chase & Co. JPM $588.1 Billion
Royal Bank of Canada RY $150.4 Billion
HSBC Holdings plc HSBC $167.6 Billion
The Toronto-Dominion Bank TD $101.4 Billion
Canadian Imperial Bank of Commerce CM $46.3 Billion
The Bank of Nova Scotia BNS $59.1 Billion
Bank of Montreal BMO $69.1 Billion
Nu Holdings Ltd. NU $55.6 Billion
Run Peer Analysis
Income Statement
Balance Sheet
Cash Flow Statement
BAC Income Statements
Quarter Year Revenue Earnings
Q1 2024 $ 48.1 Billion $6.7 Billion
Q4 2023 $ 0 $0
Q3 2023 $ 25.2 Billion $7.8 Billion
Q2 2023 $ 25.2 Billion $7.4 Billion
Q1 2023 $ 26.3 Billion $8.2 Billion
Q4 2022 $ 24.5 Billion $7.1 Billion
Q3 2022 $ 24.5 Billion $7.1 Billion
Q2 2022 $ 22.7 Billion $12.4 Billion

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BAC Balance Sheets
Quarter Year Cash & Equivalents Total Assets Total Debt Total Equity
Q1 2024 $23.6 Billion $3.3 Trillion $664.9 Billion $293.6 Billion
Q4 2023 $341.4 Billion $3.2 Trillion $334.3 Billion $291.6 Billion
Q3 2023 $359.7 Billion $3.2 Trillion $330.6 Billion $287.1 Billion
Q2 2023 $381.5 Billion $3.1 Trillion $327.1 Billion $283.3 Billion
Q1 2023 $387.9 Billion $3.2 Trillion $340.4 Billion $280.2 Billion
Q4 2022 $237.5 Billion $3.1 Trillion $302.9 Billion $273.2 Billion
Q3 2022 $205.0 Billion $3.1 Trillion $293.4 Billion $269.5 Billion
Q2 2022 $198.0 Billion $3.1 Trillion $308.1 Billion $269.1 Billion

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BAC Cash Flow Statements
Quarter Year freeCashFlow capitalExpenditure netChangeInCash
Q4 2023 $32.7 Billion $0 -$18.7 Billion
Q3 2023 $11.8 Billion $0 -$21.8 Billion
Q2 2023 $11.8 Billion $0 -$2.7 Billion
Q1 2023 -$11.3 Billion $0 $146.0 Billion
Q4 2022 $31.0 Billion $0 $25.2 Billion
Q3 2022 $13.2 Billion $0 -$143.2 Billion
Q2 2022 -$5.0 Billion $0 -$150.2 Billion
Q1 2022 -$45.4 Billion $0 -$74.3 Billion

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