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Bank of America Corporation (BAC)

Equity · Currency in USD · Last updated Feb 1, 2023

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

ISINUS0605051046
CUSIP060505104
SectorFinancial Services
IndustryBanks—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.


-10.00%-5.00%0.00%5.00%10.00%15.00%SeptemberOctoberNovemberDecember2023
7.55%
-1.81%
BAC (Bank of America Corporation)
Benchmark (^GSPC)

BACCompare to other instruments

Search for stocks, ETFs, and funds to compare with BAC

BACReturns in periods

Returns over 1 year are annualized

PeriodReturnBenchmark
1M7.13%6.18%
YTD7.13%6.18%
6M6.56%-1.02%
1Y-20.85%-8.02%
5Y4.35%7.63%
10Y13.58%10.44%

BACMonthly Returns Heatmap


JanFebMarAprMayJunJulAugSepOctNovDec
20228.61%-0.59%-9.55%19.34%5.02%-11.99%

BACSharpe Ratio Chart

The Sharpe ratio shows whether the portfolio's excess returns are due to smart investment decisions or a result of taking a higher risk. The higher a portfolio's Sharpe ratio, the better its risk-adjusted performance.

The current Bank of America Corporation Sharpe ratio is -0.65. A negative Sharpe ratio means that the risk-free rate is higher than the portfolio's return. This value does not convey any meaningful information.

The chart below displays rolling 12-month Sharpe Ratio.


-1.00-0.80-0.60-0.40-0.20SeptemberOctoberNovemberDecember2023
-0.65
-0.33
BAC (Bank of America Corporation)
Benchmark (^GSPC)

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.


PeriodTTM2022202120202019201820172016201520142013201220112010
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.


JanFebMarAprMayJunJulAugSepOctNovDec
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.


-40.00%-35.00%-30.00%-25.00%-20.00%-15.00%-10.00%SeptemberOctoberNovemberDecember2023
-26.48%
-15.01%
BAC (Bank of America Corporation)
Benchmark (^GSPC)

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, 2010425Dec 19, 20111232Nov 10, 20161657
-48.95%Jan 3, 202055Mar 23, 2020231Feb 22, 2021286
-38.67%Feb 9, 2022169Oct 11, 2022
-29.77%Mar 13, 2018199Dec 24, 2018212Oct 28, 2019411
-14.65%Jun 7, 202130Jul 19, 202149Sep 27, 202179
-14.65%Jan 8, 201025Feb 12, 201017Mar 10, 201042
-12.54%Mar 2, 201767Jun 6, 201779Sep 27, 2017146
-10.34%Nov 4, 202132Dec 20, 202113Jan 7, 202245
-9.47%Jan 12, 20228Jan 24, 202211Feb 8, 202219
-8.49%Feb 2, 20185Feb 8, 201820Mar 9, 201825

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.


10.00%20.00%30.00%40.00%50.00%60.00%SeptemberOctoberNovemberDecember2023
16.06%
16.90%
BAC (Bank of America Corporation)
Benchmark (^GSPC)