Bank of America Corporation (BAC)
Bank of America Corporation is an American multinational investment bank and financial services company based in Charlotte, North Carolina. It is the second-largest bank in the United States by assets and serves a wide range of clients, including individuals, small businesses, and large corporations. Bank of America offers a range of banking and financial products and services, including checking and savings accounts, credit cards, mortgages, and investment products.
Company Info
| ISIN | US0605051046 |
|---|---|
| CUSIP | 060505104 |
| Sector | Financial Services |
| Industry | Banks—Diversified |
Trading Data
| Previous Close | $35.48 |
|---|---|
| Year Range | $29.60 - $48.26 |
| EMA (50) | $34.28 |
| EMA (200) | $35.90 |
| Average Volume | $39.10M |
| Market Capitalization | $283.73B |
BACShare Price Chart
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BACPerformance
The chart shows the growth of $10,000 invested in Bank of America Corporation in Aug 2022 and compares it to the S&P 500 index or another benchmark. It would be worth nearly $26,954 for a total return of roughly 169.54%. All prices are adjusted for splits and dividends.
BACCompare to other instruments
Popular comparisons: BAC vs. JPM, BAC vs. WFC, BAC vs. XLF, BAC vs. KNOP, BAC vs. SHEL, BAC vs. SPY, BAC vs. SCHD, BAC vs. VOO, BAC vs. SPGP, BAC vs. ^GSPC
BACReturns in periods
| Period | Return | Benchmark |
|---|---|---|
| 1M | 7.13% | 6.18% |
| YTD | 7.13% | 6.18% |
| 6M | 6.56% | -1.02% |
| 1Y | -20.85% | -8.02% |
| 5Y | 4.35% | 7.63% |
| 10Y | 13.58% | 10.44% |
BACMonthly Returns Heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2022 | 8.61% | -0.59% | -9.55% | 19.34% | 5.02% | -11.99% |
BACDividend History
Bank of America Corporation granted a 2.42% dividend yield in the last twelve months. The annual payout for that period amounted to $0.86 per share.
| Period | TTM | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.86 | $0.86 | $0.78 | $0.72 | $0.66 | $0.54 | $0.39 | $0.25 | $0.20 | $0.12 | $0.04 | $0.04 | $0.04 | $0.04 |
Dividend yield | 2.42% | 2.60% | 1.79% | 2.48% | 2.01% | 2.40% | 1.47% | 1.28% | 1.37% | 0.78% | 0.30% | 0.41% | 0.85% | 0.36% |
BACMonthly Dividends
The table displays the monthly dividend distributions for Bank of America Corporation. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2022 | $0.00 | $0.00 | $0.21 | $0.00 | $0.00 | $0.21 | $0.00 | $0.00 | $0.22 | $0.00 | $0.00 | $0.22 |
| 2021 | $0.00 | $0.00 | $0.18 | $0.00 | $0.00 | $0.18 | $0.00 | $0.00 | $0.21 | $0.00 | $0.00 | $0.21 |
| 2020 | $0.00 | $0.00 | $0.18 | $0.00 | $0.00 | $0.18 | $0.00 | $0.00 | $0.18 | $0.00 | $0.00 | $0.18 |
| 2019 | $0.00 | $0.15 | $0.00 | $0.00 | $0.00 | $0.15 | $0.00 | $0.00 | $0.18 | $0.00 | $0.00 | $0.18 |
| 2018 | $0.00 | $0.00 | $0.12 | $0.00 | $0.12 | $0.00 | $0.00 | $0.00 | $0.15 | $0.00 | $0.00 | $0.15 |
| 2017 | $0.00 | $0.00 | $0.08 | $0.00 | $0.08 | $0.00 | $0.00 | $0.12 | $0.00 | $0.00 | $0.12 | $0.00 |
| 2016 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.05 | $0.00 | $0.08 | $0.00 | $0.00 | $0.08 | $0.00 |
| 2015 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.05 |
| 2014 | $0.00 | $0.00 | $0.01 | $0.00 | $0.00 | $0.01 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.05 |
| 2013 | $0.00 | $0.01 | $0.00 | $0.00 | $0.00 | $0.01 | $0.00 | $0.00 | $0.01 | $0.00 | $0.00 | $0.01 |
| 2012 | $0.00 | $0.01 | $0.00 | $0.00 | $0.01 | $0.00 | $0.00 | $0.00 | $0.01 | $0.00 | $0.00 | $0.01 |
| 2011 | $0.00 | $0.00 | $0.01 | $0.00 | $0.00 | $0.01 | $0.00 | $0.01 | $0.00 | $0.00 | $0.01 | $0.00 |
| 2010 | $0.01 | $0.00 | $0.00 | $0.01 | $0.00 | $0.00 | $0.01 | $0.00 | $0.00 | $0.01 |
BACDrawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
BACWorst Drawdowns
The table below shows the maximum drawdowns of the Bank of America Corporation. A maximum drawdown is an indicator of risk. It shows a reduction in portfolio value from its maximum due to a series of losing trades.
The maximum drawdown since January 2010 for the Bank of America Corporation is 74.23%, recorded on Dec 19, 2011. It took 1232 trading sessions for the portfolio to recover.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -74.23% | Apr 16, 2010 | 425 | Dec 19, 2011 | 1232 | Nov 10, 2016 | 1657 |
| -48.95% | Jan 3, 2020 | 55 | Mar 23, 2020 | 231 | Feb 22, 2021 | 286 |
| -38.67% | Feb 9, 2022 | 169 | Oct 11, 2022 | — | — | — |
| -29.77% | Mar 13, 2018 | 199 | Dec 24, 2018 | 212 | Oct 28, 2019 | 411 |
| -14.65% | Jun 7, 2021 | 30 | Jul 19, 2021 | 49 | Sep 27, 2021 | 79 |
| -14.65% | Jan 8, 2010 | 25 | Feb 12, 2010 | 17 | Mar 10, 2010 | 42 |
| -12.54% | Mar 2, 2017 | 67 | Jun 6, 2017 | 79 | Sep 27, 2017 | 146 |
| -10.34% | Nov 4, 2021 | 32 | Dec 20, 2021 | 13 | Jan 7, 2022 | 45 |
| -9.47% | Jan 12, 2022 | 8 | Jan 24, 2022 | 11 | Feb 8, 2022 | 19 |
| -8.49% | Feb 2, 2018 | 5 | Feb 8, 2018 | 20 | Mar 9, 2018 | 25 |
BACVolatility Chart
Current Bank of America Corporation volatility is 16.06%. The chart below shows the rolling 10-day volatility. Volatility is a statistical measure showing how big price swings are in either direction. The higher asset volatility, the riskier it is, because the price movements are less predictable.