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%

NYSE:BAC