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 |
Highlights
| Market Cap | $299.21B |
|---|---|
| EPS | $3.08 |
| PE Ratio | 12.31 |
| PEG Ratio | 9.00 |
| Revenue (TTM) | $94.19B |
| Gross Profit (TTM) | $92.41B |
| Year Range | $24.59 - $38.00 |
| Target Price | $35.48 |
| Short % | 0.99% |
| Short Ratio | 1.68 |
Share Price Chart
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Compare to other instruments
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Popular comparisons: BAC vs. JPM, BAC vs. SPY, BAC vs. WFC, BAC vs. VOO, BAC vs. XLF, BAC vs. TROW, BAC vs. GS, BAC vs. USB, BAC vs. SCHD, BAC vs. KNOP
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.
Returns By Period
Bank of America Corporation had a return of 5.37% year-to-date (YTD) and 18.94% in the last 12 months. Over the past 10 years, Bank of America Corporation had an annualized return of 10.28%, which was very close to the S&P 500 benchmark's annualized return of 10.43%.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 5.37% | 5.29% |
| 1 month | -2.17% | -2.47% |
| 6 months | 30.95% | 16.40% |
| 1 year | 18.94% | 20.88% |
| 5 years (annualized) | 5.84% | 11.60% |
| 10 years (annualized) | 10.28% | 10.43% |
Monthly Returns Heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 1.01% | 2.21% | 9.85% | |||||||||
| 2023 | -4.50% | -3.80% | 16.68% | 10.43% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
Bank of America Corporation(BAC)
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.
Dividends
Dividend History
Bank of America Corporation granted a 2.67% dividend yield in the last twelve months. The annual payout for that period amounted to $0.94 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.94 | $0.92 | $0.86 | $0.78 | $0.72 | $0.66 | $0.54 | $0.39 | $0.25 | $0.20 | $0.12 | $0.04 |
Dividend yield | 2.67% | 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.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.24 | $0.00 | |||||||||
| 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 |
| 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 | $0.01 | $0.00 | $0.00 | $0.00 | $0.01 | $0.00 | $0.00 | $0.01 | $0.00 | $0.00 | $0.01 |
Dividend Yield & Payout
Dividend Yield
Payout Ratio
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
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 24.19%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -93.45% | Oct 8, 2007 | 356 | Mar 6, 2009 | 3063 | May 6, 2021 | 3419 |
| -67.75% | Aug 8, 1989 | 312 | Oct 30, 1990 | 387 | May 13, 1992 | 699 |
| -52.85% | Jul 15, 1998 | 607 | Dec 6, 2000 | 359 | May 17, 2002 | 966 |
| -46.64% | Feb 9, 2022 | 432 | Oct 27, 2023 | — | — | — |
| -41.2% | Aug 27, 1987 | 69 | Dec 3, 1987 | 167 | Aug 2, 1988 | 236 |
Volatility
Volatility Chart
The current Bank of America Corporation volatility is 6.97%, 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.
Financials
Financial Performance
Income Statement
| TTM | |
|---|---|
| Revenue | |
Total Revenue | 0.00 |
Cost Of Revenue | 0.00 |
Gross Profit | 0.00 |
| Operating Expenses | |
Selling, General & Admin Expenses | 0.00 |
R&D Expenses | 0.00 |
Total Operating Expenses | 0.00 |
| Income | |
Income Before Tax | 0.00 |
Operating Income | 0.00 |
EBIT | 0.00 |
Earnings From Continuing Operations | 0.00 |
Net Income | 0.00 |
Income Tax Expense | 0.00 |
Interest Expense | 0.00 |
Other Non-Operating Income (Expenses) | 0.00 |
Extraordinary Items | 0.00 |
Discontinued Operations | 0.00 |
Effect Of Accounting Charges | 0.00 |
Non Recurring | 0.00 |
Minority Interest | 0.00 |
Other Items | 0.00 |