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Bank of America Corporation (BAC)
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Financials

Company Info

ISIN

US0605051046

CUSIP

060505104

Sector

Financial Services

IPO Date

Jan 13, 1978

Highlights

Market Cap

$345.66B

EPS (TTM)

$2.76

PE Ratio

16.32

PEG Ratio

2.00

Total Revenue (TTM)

$97.40B

Gross Profit (TTM)

$58.68B

EBITDA (TTM)

$42.54B

Year Range

$30.49 - $47.81

Target Price

$49.13

Short %

1.13%

Short Ratio

1.99

Share Price Chart


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Compare to other instruments

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Popular comparisons:
BAC vs. JPM BAC vs. WFC BAC vs. SPY BAC vs. VOO BAC vs. XLF BAC vs. GS BAC vs. USB BAC vs. TROW BAC vs. KNOP BAC vs. SCHD
Popular comparisons:
BAC vs. JPM BAC vs. WFC BAC vs. SPY BAC vs. VOO BAC vs. XLF BAC vs. GS BAC vs. USB BAC vs. TROW BAC vs. KNOP BAC vs. SCHD

Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in Bank of America Corporation, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


2,400.00%2,600.00%2,800.00%3,000.00%3,200.00%3,400.00%3,600.00%JulyAugustSeptemberOctoberNovemberDecember
3,039.75%
3,418.12%
BAC (Bank of America Corporation)
Benchmark (^GSPC)

Returns By Period

Bank of America Corporation had a return of 34.52% year-to-date (YTD) and 36.43% in the last 12 months. Over the past 10 years, Bank of America Corporation had an annualized return of 11.77%, outperforming the S&P 500 benchmark which had an annualized return of 11.06%.


BAC

YTD

34.52%

1M

-3.57%

6M

13.21%

1Y

36.43%

5Y*

7.44%

10Y*

11.77%

^GSPC (Benchmark)

YTD

24.34%

1M

0.23%

6M

8.53%

1Y

24.95%

5Y*

13.01%

10Y*

11.06%

Monthly Returns

The table below presents the monthly returns of BAC, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20241.01%2.21%9.85%-2.40%8.05%0.05%1.36%1.09%-1.99%5.39%13.61%34.52%
20237.13%-3.33%-16.08%2.38%-5.09%4.06%11.54%-9.66%-4.50%-3.80%16.68%10.43%4.83%
20223.71%-4.20%-6.29%-13.44%4.26%-15.84%8.61%-0.59%-9.55%19.34%5.02%-11.99%-23.82%
2021-2.18%17.07%12.02%4.76%4.59%-2.33%-6.96%8.84%2.20%12.56%-6.93%0.53%49.61%
2020-6.79%-13.19%-25.03%13.28%0.29%-0.85%4.76%3.46%-5.76%-1.62%18.82%8.31%-11.63%
201915.54%2.66%-5.12%10.84%-13.02%9.61%5.79%-10.33%6.73%7.20%6.56%6.28%46.19%
20188.40%0.31%-6.22%-0.23%-2.54%-2.93%9.54%0.16%-4.29%-6.65%3.27%-12.74%-14.98%
20172.44%9.01%-4.13%-1.06%-3.67%8.26%-0.58%-0.45%6.07%8.09%3.29%4.79%35.69%
2016-15.98%-11.46%8.40%7.69%1.58%-9.97%9.19%11.91%-3.04%5.43%28.47%4.64%33.37%
2015-15.32%4.36%-2.35%3.51%3.58%3.46%5.05%-8.61%-4.34%7.70%3.87%-3.17%-4.78%
20147.58%-1.31%4.12%-11.98%-0.00%1.58%-0.78%5.51%6.29%0.64%-0.70%5.30%15.73%
2013-2.50%-0.71%8.46%1.07%10.97%-5.79%13.53%-3.29%-2.20%1.23%13.24%-1.52%34.51%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

With an overall rank of 87, BAC is among the top 13% of stocks on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.


The Risk-Adjusted Performance Rank of BAC is 8787
Overall Rank
The Sharpe Ratio Rank of BAC is 9090
Sharpe Ratio Rank
The Sortino Ratio Rank of BAC is 8888
Sortino Ratio Rank
The Omega Ratio Rank of BAC is 8585
Omega Ratio Rank
The Calmar Ratio Rank of BAC is 8383
Calmar Ratio Rank
The Martin Ratio Rank of BAC is 8686
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

Risk-Adjusted Performance Indicators

The charts below present risk-adjusted performance metrics for Bank of America Corporation (BAC) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.


Sharpe ratio
The chart of Sharpe ratio for BAC, currently valued at 1.64, compared to the broader market-4.00-2.000.002.001.642.10
The chart of Sortino ratio for BAC, currently valued at 2.50, compared to the broader market-4.00-2.000.002.004.002.502.80
The chart of Omega ratio for BAC, currently valued at 1.30, compared to the broader market0.501.001.502.001.301.39
The chart of Calmar ratio for BAC, currently valued at 1.16, compared to the broader market0.002.004.006.001.163.09
The chart of Martin ratio for BAC, currently valued at 6.69, compared to the broader market-5.000.005.0010.0015.0020.0025.006.6913.49
BAC
^GSPC

The current Bank of America Corporation Sharpe ratio is 1.64. This value is calculated based on the past 1 year of trading data and takes into account price changes and dividends.

Use the chart below to compare the Sharpe ratio of Bank of America Corporation with the selected benchmark, providing insights into the investment's historical performance in terms of risk-adjusted returns. Go to the Sharpe ratio tool for more fine-grained control over the calculation options.


Rolling 12-month Sharpe Ratio1.001.502.002.503.003.50JulyAugustSeptemberOctoberNovemberDecember
1.64
2.10
BAC (Bank of America Corporation)
Benchmark (^GSPC)

Dividends

Dividend History

Bank of America Corporation provided a 2.26% dividend yield over the last twelve months, with an annual payout of $1.00 per share. The company has been increasing its dividends for 14 consecutive years.


0.50%1.00%1.50%2.00%2.50%$0.00$0.20$0.40$0.60$0.80$1.0020132014201520162017201820192020202120222023
Dividends
Dividend Yield
PeriodTTM20232022202120202019201820172016201520142013
Dividend$1.00$0.92$0.86$0.78$0.72$0.66$0.54$0.39$0.25$0.20$0.12$0.04

Dividend yield

2.26%2.73%2.60%1.75%2.38%1.87%2.19%1.32%1.13%1.19%0.67%0.26%

Monthly 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.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2024$0.00$0.24$0.00$0.00$0.00$0.24$0.00$0.00$0.26$0.00$0.00$0.26$1.00
2023$0.00$0.00$0.22$0.00$0.00$0.22$0.00$0.24$0.00$0.00$0.24$0.00$0.92
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$0.86
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$0.78
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$0.72
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$0.66
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$0.54
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$0.39
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$0.25
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$0.20
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$0.12
2013$0.01$0.00$0.00$0.00$0.01$0.00$0.00$0.01$0.00$0.00$0.01$0.04

Dividend Yield & Payout


Dividend Yield
5.0%10.0%15.0%20.0%2.3%
Bank of America Corporation has a dividend yield of 2.26%, which is quite average when compared to the overall market.
Payout Ratio
200.0%400.0%600.0%800.0%36.6%
Bank of America Corporation has a payout ratio of 36.63%, which is quite average when compared to the overall market. This suggests that Bank of America Corporation strikes a balance between reinvesting profits for growth and paying dividends to shareholders.

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.


-20.00%-15.00%-10.00%-5.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-7.02%
-2.62%
BAC (Bank of America Corporation)
Benchmark (^GSPC)

Worst Drawdowns

The table below displays the maximum drawdowns of the Bank of America Corporation. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Bank of America Corporation was 93.45%, occurring on Mar 6, 2009. Recovery took 3063 trading sessions.

The current Bank of America Corporation drawdown is 7.02%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-93.45%Oct 8, 2007356Mar 6, 20093063May 6, 20213419
-67.75%Aug 8, 1989312Oct 30, 1990387May 13, 1992699
-52.85%Jul 15, 1998607Dec 6, 2000359May 17, 2002966
-46.64%Feb 9, 2022432Oct 27, 2023261Nov 11, 2024693
-41.2%Aug 27, 198769Dec 3, 1987167Aug 2, 1988236

Volatility

Volatility Chart

The current Bank of America Corporation volatility is 5.47%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.


2.00%4.00%6.00%8.00%10.00%JulyAugustSeptemberOctoberNovemberDecember
5.47%
3.79%
BAC (Bank of America Corporation)
Benchmark (^GSPC)

Financials

Financial Performance

The chart below illustrates the trends in the financial health of Bank of America Corporation over time, highlighting three key metrics: Total Revenue, Earnings Before Interest and Taxes (EBIT), and Net Income.

Annual
Quarterly

0.0

Valuation

The Valuation section provides an assessment of the market value of Bank of America Corporation compared to its peers in the Banks - Diversified industry.


PE Ratio
10.020.030.040.050.016.3
The chart displays the price to earnings (P/E) ratio for BAC in comparison to other companies of the Banks - Diversified industry. Currently, BAC has a PE value of 16.3. This PE ratio is much higher than those of other companies of the industry. This might be an indicator of the company being overvalued.
PEG Ratio
2.04.06.08.010.012.02.0
The chart displays the price to earnings to growth (PEG) ratio for BAC in comparison to other companies of the Banks - Diversified industry. Currently, BAC has a PEG value of 2.0. This PEG ratio falls in the average range for the industry.

Historical P/E Ratio Chart

The chart below displays the historical trend of the price-to-earnings (P/E) ratio for Bank of America Corporation.


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Income Statement



TTM
Revenue

Total Revenue

Cost Of Revenue

Gross Profit

Operating Expenses

Selling, General & Admin Expenses

R&D Expenses

Depreciation And Amortization

Total Operating Expenses

Income

Income Before Tax

Operating Income

EBITDA

EBIT

Earnings From Continuing Operations

Net Income

Income Tax Expense

Other Non-Operating Income (Expenses)

Extraordinary Items

Discontinued Operations

Effect Of Accounting Charges

Non Recurring

Minority Interest

Other Items

Interest Income

Interest Expense

Net Interest Income

Values in undefined except per share items
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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