Bank of America Corporation
NYSE-BAC
Company Overview
Bank of America Corporation, through its subsidiaries, provides banking and financial products and services for individual consumers, small and middle-market businesses, institutional investors, large corporations, and governments worldwide. Its Consumer Banking segment offers traditional and money market savings accounts, certificates of deposit and IRAs, noninterest-and interest-bearing checking accounts, and investment accounts and products; and credit and debit cards, residential mortgages, and home equity loans, as well as direct and indirect loans, such as automotive, recreational vehicle, and consumer personal loans. The company's Global Wealth & Investment Management segment offers investment management, brokerage, banking, and trust and retirement products and services; and wealth management solutions, as well as customized solutions, including specialty asset management services. Its Global Banking segment provides lending products and services, including commercial loans, leases, commitment facilities, trade finance, and commercial real estate and asset-based lending; treasury solutions, such as treasury management, foreign exchange, and short-term investing options and merchant services; working capital management solutions; and debt and equity underwriting and distribution, and merger-related and other advisory services. The company's Global Markets segment offers market-making, financing, securities clearing, settlement, and custody services, as well as risk management products using interest rate, equity, credit, currency and commodity derivatives, foreign exchange, fixed-income, and mortgage-related products. As of December 31, 2021, it served approximately 67 million consumer and small business clients with approximately 4,200 retail financial centers; approximately 16,000 ATMs; and digital banking platforms with approximately 41 million active users. The company was founded in 1784 and is based in Charlotte, North Carolina.
Name
Bank of America Corporation
CEO
Mr. Brian Thomas Moynihan
Website
www.bankofamerica.com
Sector
Banks
Year Founded
1784
Profile
Market Cap
$317.13B
EV
—
Shares Out
7,759.58M
Revenue
$94.76B
Employees
212,000
Margins
Gross
—
EBITDA
—
Operating
—
Pre-Tax
27.48%
Net
25.87%
FCF
49.66%
Returns (5Yr Avg)
ROA
0.91%
ROTA
9.67%
ROE
9.67%
ROCE
—
ROIC
1.15%
Valuation (TTM)
P/E
—
P/B
—
EV/Sales
—
EV/EBITDA
—
P/FCF
—
EV/Gross Profit
—
Valuation (NTM)
Price Target
$45.53
P/E
—
PEG
—
EV/Sales
—
EV/EBITDA
—
P/FCF
—
Financial Health
Cash
—
Net Debt
-$89.24B
Debt/Equity
—
EBIT/Interest
—
Growth (CAGR)
Rev 3Yr
2.98%
Rev 5Yr
1.49%
Rev 10Yr
—
Dil EPS 3Yr
-1.74%
Dil EPS 5Yr
0.23%
Dil EPS 10Yr
16.11%
Rev Fwd 2Yr
4.05%
EBITDA Fwd 2Yr
67.64%
EPS Fwd 2Yr
9.32%
EPS LT Growth Est
10.39%
Dividends
Yield
—
Payout
33.5%
DPS
$0.96
DPS Growth 3Yr
10.06%
DPS Growth 5Yr
9.86%
DPS Growth 10Yr
37.41%
DPS Growth Fwd 2Yr
8.29%