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Bank of America Corp

Bank of America Corp

BAC · NYSE · Financial Services / Banks - Diversified

51.02USD+0.51 (+1.01%)

Price History

Full chart

Market Stats

Previous Close50.51
Open50.89
Day Range50.43 – 51.05
52-Week Range45.65 – 64.90
Volume19.99M
Market Cap350.01B
P/E (TTM)12.07
Forward P/E11.11
EPS4.19
Dividend Yield2.53%
Beta1.21
50-Day Avg57.73
200-Day Avg55.06

About

Bank of America Corporation, through its subsidiaries, provides various financial products and services for individual consumers, small and middle-market businesses, institutional investors, large corporations, and governments worldwide. It operates through four segments: Consumer Banking, Global Wealth & Investment Management (GWIM), Global Banking, and Global Markets. The Consumer Banking segment offers traditional and money market savings accounts, certificates of deposit and IRAs, checking accounts, and investment accounts and products; credit and debit cards; residential mortgages and home equity loans; and direct and indirect loans. The GWIM segment provides investment management, brokerage, banking, and trust and retirement products and services; wealth management solutions; and customized solutions, including specialty asset management services. The Global Banking segment offers lending products and services, including commercial loans, leases, commitment facilities, trade finance, and commercial real estate and asset-based lending; treasury solutions, and underwriting and advisory services. The Global Markets segment provides market-making, financing, securities clearing, settlement, and custody services; securities and derivative products; and risk management products using interest rate, equity, credit, currency and commodity derivatives, foreign exchange, fixed-income, and mortgage-related products. Bank of America Corporation was founded in 1784 and is based in Charlotte, North Carolina.

Company Details

  • SectorFinancial Services
  • IndustryBanks - Diversified
  • CEOMr. Brian Thomas Moynihan
  • Employees209.91K
  • HeadquartersBank of America Corporate Center, Charlotte, NC, United States, 28255, USA
  • Websitehttps://www.bankofamerica.com

Leadership

  • Mr. Brian Thomas MoynihanChairman & CEO · b. 1959
  • Mr. Dean C. AthanasiaCo-President · b. 1967
  • Mr. James P. DeMareCo-President · b. 1970
  • Mr. Alastair M. BorthwickExecutive VP & CFO · b. 1969
  • Mr. Matthew M. KoderPresident of Global Corporate & Investment Banking · b. 1972
  • Mr. Thomas M. ScrivenerChief Operations Executive · b. 1972
  • Mr. Johnbull E. OkparaChief Accounting Officer · b. 1972
  • Mr. Hari GopalkrishnanChief Technology & Information Officer · b. 1969
  • Mr. E. Lee McEntireHead of Investor Relations & Local Markets Organization
  • Ms. Lauren A. Mogensen J.D.Global General Counsel · b. 1963

Financials

Income Statement

Currency: USD1992-12-311993-12-311994-12-311995-12-311996-12-311997-12-311998-12-311999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue6.26B6.82B7.81B8.54B10.04B13.05B31.50B32.55B32.96B35.11B35.12B38.83B51.02B57.17B69.39B62.26B72.24B109.63B104.96B86.09B73.56B83.95B83.62B79.80B80.10B83.73B87.74B85.58B74.21B89.11B94.95B98.58B101.89B113.10B
Growth (%)-+8.98%+14.44%+9.34%+17.64%+29.98%+141.35%+3.31%+1.26%+6.55%+0.03%+10.54%+31.40%+12.07%+21.37%-10.28%+16.04%+51.75%-4.26%-17.97%-14.55%+14.11%-0.39%-4.56%+0.38%+4.53%+4.79%-2.46%-13.29%+20.09%+6.55%+3.82%+3.35%+11.00%
Cost of Revenue4.40B4.00B5.63B8.15B18.33B20.80B23.21B20.91B27.35B22.29B14.94B13.02B8.03B7.91B8.73B9.67B12.78B22.35B23.39B35.03B24.91B16.31B13.21B13.71B13.56B16.31B227.00M25.93B19.55B4.59B2.54B4.39B96.37B84.14B
Gross Profit6.26B6.82B7.81B8.54B10.04B13.05B31.50B32.55B32.96B35.11B35.12B38.83B42.98B49.27B60.66B52.59B59.47B87.28B81.57B86.09B73.56B83.95B83.62B79.80B80.10B83.73B87.51B85.58B74.21B84.52B92.41B94.19B96.07B107.42B
Gross Margin100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%84.26%86.17%87.41%84.47%82.31%79.61%77.72%100.00%100.00%100.00%100.00%100.00%100.00%100.00%99.74%100.00%100.00%94.84%97.32%95.54%94.29%94.98%
Operating Expense4.86B4.63B5.25B5.54B6.41B8.26B23.46B20.33B21.17B25.00B22.13B22.97B21.76B24.79B28.68B31.66B55.04B82.92B82.89B86.32B70.83B68.13B74.72B57.62B55.08B54.52B52.93B52.83B55.21B50.54B61.44B65.84B66.81B69.73B
Operating Income1.40B2.19B2.56B2.99B3.63B4.80B8.05B12.21B11.79B10.12B12.99B15.86B21.22B24.48B31.97B20.92B4.43B4.36B-1.32B-230.00M2.74B15.82B8.90B22.19B25.02B29.21B34.58B32.75B19.00B33.98B30.97B28.34B29.25B37.70B
Operating Margin22.30%32.12%32.73%35.04%36.19%36.74%25.55%37.53%35.77%28.81%36.99%40.85%41.60%42.82%46.08%33.61%6.13%3.98%-1.26%-0.27%3.72%18.84%10.64%27.80%31.24%34.89%39.42%38.27%25.60%38.13%32.62%28.75%28.71%33.33%
EBITDA1.74B2.54B2.96B3.39B4.08B5.66B10.05B14.13B13.57B11.85B14.10B16.97B22.86B26.25B34.84B23.77B6.26B6.34B408.00M1.28B4.00B16.91B9.84B23.02B25.75B31.32B36.65B34.48B20.84B35.87B32.95B30.37B31.44B40.01B
EBITDA Margin27.72%37.28%37.93%39.71%40.59%43.37%31.89%43.42%41.18%33.75%40.13%43.70%44.80%45.91%50.21%38.18%8.67%5.78%0.39%1.49%5.44%20.14%11.76%28.85%32.15%37.40%41.77%40.29%28.08%40.26%34.70%30.81%30.86%35.38%
Net Income1.15B1.50B1.69B1.95B2.38B3.08B5.17B7.88B7.52B6.79B9.25B10.81B14.14B16.46B21.13B14.98B4.01B6.28B-2.24B1.45B2.76B11.43B4.83B15.89B17.91B18.23B28.15B27.43B17.89B31.98B27.53B26.52B27.13B30.51B
Net Income Margin18.29%22.00%21.65%22.84%23.65%23.57%16.39%24.22%22.81%19.34%26.33%27.84%27.72%28.80%30.45%24.07%5.55%5.72%-2.13%1.68%3.75%13.62%5.78%19.91%22.35%21.77%32.08%32.05%24.11%35.88%28.99%26.90%26.63%26.98%
R&D-----------------000000000--------
R&D as % of Total Revenue-----------------0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%--------
Interest Expense3.68B3.57B5.32B7.77B7.47B8.68B20.29B19.09B24.82B18.00B11.24B10.18B14.43B27.89B43.99B52.87B40.32B30.81B23.97B21.62B16.74B12.76B10.93B10.55B9.96B12.91B18.61B22.34B8.22B4.74B20.10B73.33B90.55B78.47B
Interest Expense % of Total Revenue58.82%52.33%68.12%91.06%74.36%66.51%64.40%58.64%75.30%51.27%32.00%26.22%28.28%48.78%63.40%84.93%55.82%28.10%22.84%25.11%22.76%15.19%13.08%13.22%12.44%15.42%21.21%26.11%11.08%5.32%21.17%74.39%88.87%69.38%

Balance Sheet

Currency: USD1992-12-311993-12-311994-12-311995-12-311996-12-311997-12-311998-12-311999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets118.06B157.69B169.60B187.30B185.79B570.98B617.68B632.57B642.19B621.76B660.95B736.45B1.11T1.29T1.46T1.72T1.82T2.23T2.26T2.13T2.21T2.10T2.10T2.14T2.19T2.28T2.35T2.43T2.82T3.17T3.05T3.18T3.26T3.41T
Total Liabilities110.25B147.71B158.59B174.50B172.09B526.40B571.74B588.14B589.61B573.24B604.60B688.47B1.01T1.19T1.32T1.57T1.64T2.00T2.04T1.90T1.97T1.87T1.86T1.89T1.92T2.01T2.09T2.17T2.55T2.90T2.78T2.89T2.97T3.11T
Total Equity7.81B9.98B11.01B12.80B13.71B44.58B45.94B44.43B47.63B48.52B50.32B47.98B99.64B101.53B135.27B146.80B177.05B231.44B228.25B230.10B236.96B232.69B243.47B256.20B266.84B267.15B265.32B264.81B272.92B270.07B273.20B291.65B295.56B303.24B
Cash9.77B9.13B11.74B9.74B10.78B36.83B35.03B31.83B32.96B32.77B31.79B35.13B41.30B49.80B50.38B54.30B42.43B145.54B134.86B146.11B129.45B142.86B146.10B167.10B157.60B168.59B184.90B168.67B387.01B355.37B237.46B341.42B296.49B231.84B
Total Debt25.02B52.60B42.62B53.66B46.99B122.35B144.92B182.67B159.16B137.97B151.46B195.87B296.42B457.77B505.34B610.03B632.95B763.23B636.29B527.99B425.92B416.55B395.41B370.27B343.28B375.56B355.64B386.56B399.10B303.87B302.91B618.19B658.43B365.90B
Net Debt15.26B43.47B30.88B43.92B36.21B85.52B109.89B150.85B126.19B105.20B119.67B160.73B255.12B407.97B454.96B555.73B590.52B617.69B373.53B261.86B176.87B152.81B128.21B97.77B83.17B91.48B64.63B96.39B-104.75B-51.49B65.45B276.77B361.94B134.06B

Cash Flow

Currency: USD1992-12-311993-12-311994-12-311995-12-311996-12-311997-12-311998-12-311999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow7.80B2.14B9.12B-4.93B3.88B1.43B13.52B12.06B5.26B-12.83B-12.01B24.31B-3.52B-12.22B14.51B11.04B4.03B129.73B82.59B64.49B-16.06B92.82B30.80B28.40B17.28B9.86B39.52B61.78B37.99B-7.19B-6.33B44.98B-8.80B12.61B
Investing Cash Flow-14.42B-10.60B-9.00B-6.18B3.54B-23.48B-49.87B-31.32B2.89B37.55B-10.08B-73.42B-127.55B-150.44B-68.30B-108.48B-2.93B157.93B-30.35B52.43B-34.98B25.06B-8.26B-55.57B-62.28B-51.54B-71.47B-80.63B-177.66B-313.29B-2.53B-35.39B-90.69B-145.16B
Financing Cash Flow7.14B8.34B1.82B9.98B-4.93B21.85B36.13B17.91B-7.57B-25.34B20.21B51.05B132.88B170.82B53.13B103.41B-10.70B-199.57B-65.33B-104.65B42.42B-95.44B-12.20B48.59B32.98B49.20B53.12B3.38B355.82B291.65B-106.04B93.34B60.37B69.95B
Capital Expenditure287.00M4.67B327.00M307.00M1.18B888.00M437.00M465.00M642.00M835.00M939.00M209.00M863.00M1.23B748.00M2.14B2.10B2.24B987.00M1.31B2.80B521.00M1.16B00000000000
Free Cash Flow7.51B-2.53B8.79B-5.24B2.70B537.00M13.08B11.60B4.62B-13.66B-12.95B24.10B-4.38B-13.45B13.76B8.89B1.94B127.49B81.61B63.18B-16.06B92.30B30.80B28.40B17.28B9.86B39.52B61.78B37.99B-7.19B-6.33B44.98B-8.80B12.61B
Dividends Paid395.00M433.00M527.00M575.00M1.89B2.17B2.60B3.20B3.39B3.63B3.71B4.28B6.47B7.68B9.66B10.88B11.53B4.88B1.76B1.74B1.91B1.68B2.31B3.57B4.19B5.70B6.89B5.93B7.73B8.05B8.58B9.09B9.50B9.56B
FCF to OCF96.32%-118.58%96.41%106.22%69.51%37.68%96.77%96.15%87.81%106.51%107.82%99.14%124.50%110.05%94.84%80.58%47.99%98.27%98.80%97.97%100.00%99.44%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%
Dividend Paid to FCF5.26%-17.09%5.99%-10.97%70.00%405.03%19.91%27.58%73.29%-26.59%-28.65%17.76%-147.50%-57.12%70.21%122.32%595.45%3.83%2.16%2.75%-11.89%1.82%7.49%12.59%24.28%57.79%17.45%9.61%20.34%-111.98%-135.55%20.20%-107.93%75.82%

Earnings

Report DateJan 16, 1996Apr 15, 1996Jul 15, 1996Oct 15, 1996Jan 13, 1997Apr 14, 1997Jul 14, 1997Oct 14, 1997Jan 12, 1998Apr 13, 1998Jul 13, 1998Oct 14, 1998Jan 19, 1999Apr 19, 1999Jul 19, 1999Oct 18, 1999Jan 18, 2000Apr 17, 2000Jul 17, 2000Oct 16, 2000Jan 16, 2001Apr 16, 2001Jul 16, 2001Oct 15, 2001Jan 22, 2002Apr 15, 2002Jul 15, 2002Oct 15, 2002Jan 15, 2003Apr 14, 2003Jul 14, 2003Oct 14, 2003Jan 15, 2004Apr 14, 2004Jul 14, 2004Oct 14, 2004Jan 18, 2005Apr 18, 2005Jul 18, 2005Oct 19, 2005Jan 23, 2006Apr 20, 2006Jul 19, 2006Oct 19, 2006Jan 23, 2007Apr 19, 2007Jul 19, 2007Oct 18, 2007Jan 22, 2008Apr 21, 2008Jul 21, 2008Oct 6, 2008Jan 16, 2009Apr 20, 2009Jul 17, 2009Oct 16, 2009Jan 20, 2010Apr 16, 2010Jul 16, 2010Oct 19, 2010Jan 21, 2011Apr 15, 2011Jul 19, 2011Oct 18, 2011Jan 19, 2012Apr 19, 2012Jul 18, 2012Oct 17, 2012Jan 17, 2013Apr 17, 2013Jul 17, 2013Oct 16, 2013Jan 15, 2014Apr 16, 2014Jul 16, 2014Oct 15, 2014Jan 15, 2015Apr 15, 2015Jul 15, 2015Oct 14, 2015Jan 19, 2016Apr 14, 2016Jul 18, 2016Oct 17, 2016Jan 13, 2017Apr 18, 2017Jul 18, 2017Oct 13, 2017Jan 17, 2018Apr 16, 2018Jul 16, 2018Oct 15, 2018Jan 16, 2019Apr 16, 2019Jul 17, 2019Oct 16, 2019Jan 15, 2020Apr 15, 2020Jul 16, 2020Oct 14, 2020Jan 19, 2021Apr 15, 2021Jul 14, 2021Oct 14, 2021Jan 19, 2022Apr 18, 2022Jul 18, 2022Oct 17, 2022Jan 13, 2023Apr 18, 2023Jul 18, 2023Oct 17, 2023Jan 12, 2024Apr 16, 2024Jul 16, 2024Oct 15, 2024Jan 16, 2025Apr 15, 2025Jul 16, 2025Oct 15, 2025Jan 14, 2026Apr 15, 2026Jul 14, 2026Oct 14, 2026
EPS Estimate0.480.470.490.510.530.460.500.540.560.530.570.430.460.520.570.600.610.620.620.650.430.570.590.620.620.560.700.710.830.740.780.850.890.900.870.910.940.971.011.061.021.001.101.161.181.151.201.040.190.450.510.610.050.070.31-0.02-0.520.110.230.170.160.270.300.200.160.120.13-0.080.200.220.260.190.260.050.10-0.090.310.290.360.330.270.210.330.340.380.350.440.460.140.590.580.620.630.660.710.510.690.600.290.500.540.650.760.700.760.740.750.770.770.830.830.820.630.700.800.760.770.810.860.950.961.021.131.11
EPS Actual0.460.480.500.520.540.470.510.540.560.590.590.250.460.550.570.620.620.670.620.660.430.570.620.640.640.570.700.730.850.800.900.960.920.920.950.950.981.161.081.040.941.081.221.221.191.171.300.82-0.150.260.720.15-0.480.170.33-0.05-0.600.280.270.270.040.170.330.270.150.310.15-0.000.210.200.320.200.29-0.050.19-0.050.250.270.450.370.280.210.360.410.400.410.460.480.200.620.630.660.700.700.740.560.740.400.370.510.590.861.030.850.820.800.730.810.850.940.880.900.320.770.830.810.820.900.891.060.981.111.211.08
Surprise-4.17%2.13%2.04%1.96%1.89%2.17%2.00%0.00%0.00%11.32%3.51%-41.86%0.00%5.77%0.00%3.33%1.64%8.06%0.00%1.54%0.00%0.00%5.08%3.23%3.23%1.79%0.00%2.82%2.41%8.11%15.38%12.94%3.37%2.22%9.20%4.40%4.26%19.59%6.93%-1.89%-7.84%8.00%10.91%5.17%0.85%1.74%8.33%-21.15%-178.95%-42.22%41.18%-75.41%-1060.00%142.86%6.45%-150.00%-15.38%154.55%17.39%58.82%-75.00%-37.04%10.00%35.00%-6.25%158.33%15.38%96.13%5.00%-9.09%23.08%5.26%11.54%-200.00%90.00%44.44%-19.35%-6.90%25.00%12.12%3.70%0.00%9.09%20.59%5.26%17.14%4.55%4.35%42.86%5.08%8.62%6.45%11.11%6.06%4.23%9.80%7.25%-33.33%27.59%2.00%9.26%32.31%35.53%21.43%7.89%8.11%-2.67%5.19%10.39%13.25%6.02%9.76%-49.21%10.00%3.75%6.58%6.49%11.11%3.49%11.58%2.08%8.82%7.08%-2.70%
Timing------Pre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-market---------Pre-marketPre-marketPre-marketPre-marketAfter-hoursPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketAfter-hoursPre-marketPre-marketPre-marketPre-market-Pre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketAfter-hoursPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-market

Key Statistics & Ratios

Market Cap350.01B
Enterprise Value129.56B
Trailing P/E12.07
Forward P/E11.11
PEG Ratio0.88
Price / Sales3.05
Price / Book1.47
EPS4.19
Book Value39.26
Revenue (TTM)114.87B
Gross Profit (TTM)114.87B
Profit Margin28.06%
Operating Margin31.26%
Return on Equity10.73%
Return on Assets0.94%
Shares Outstanding6.92B
Shares Float6.90B
Beta1.21
Dividend Yield2.53%
Dividend Rate1.28
Payout Ratio21.32%

Analyst Ratings

Strong Buy
Based on 25 analystsTarget 62.95
  • Strong Buy
    16
  • Buy
    6
  • Hold
    3

Ownership Breakdown

Institutions
71.87%
Insiders
7.10%
Retail / Other
21.03%

Top Institutional Holders

  • BlackRock Inc
    545.68M7.88%
  • Berkshire Hathaway Inc
    483.39M6.98%
  • Vanguard Capital Management, LLC
    421.83M6.09%
  • State Street Corp
    299.78M4.33%
  • FMR Inc
    189.18M2.73%
  • Vanguard Portfolio Management, LLC
    172.34M2.49%
  • Geode Capital Management, LLC
    157.61M2.28%
  • JPMorgan Chase & Co
    131.58M1.90%
  • Capital World Investors
    115.85M1.67%
  • Morgan Stanley - Brokerage Accounts
    114.60M1.66%
  • T. Rowe Price Associates, Inc.
    87.46M1.26%
  • NORGES BANK
    83.79M1.21%
  • Franklin Templeton Inc
    72.25M1.04%

Top Fund Holders

  • Vanguard MStar Total Stk Mkt Idx Invest
    210.84M3.05%
  • Vanguard 500 Index Investor
    170.79M2.47%
  • iShares Core S&P 500 ETF
    86.65M1.25%
  • Fidelity 500 Index
    84.75M1.22%
  • State Street® SPDR® S&P 500® ETF
    79.77M1.15%
  • Vanguard MStar Value Index Investor
    63.28M0.91%
  • American Funds Washington Mutual A
    62.94M0.91%

Dividends

20263×
0.32Sep 4, 20260.28Jun 5, 20260.28Mar 6, 2026
20254×
0.28Dec 5, 20250.28Sep 5, 20250.26Jun 6, 20250.26Mar 7, 2025
20244×
0.26Dec 6, 20240.26Sep 6, 20240.24Jun 7, 20240.24Feb 29, 2024
20234×
0.24Nov 30, 20230.24Aug 31, 20230.22Jun 1, 20230.22Mar 2, 2023
20224×
0.22Dec 1, 20220.22Sep 1, 20220.21Jun 2, 20220.21Mar 3, 2022
20214×
0.21Dec 2, 20210.21Sep 2, 20210.18Jun 3, 20210.18Mar 4, 2021
20201×
0.18Dec 3, 2020

Stock Splits

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