BAC:NYE-Bank of America Corporation

EQUITY | Banks | New York Stock Exchange

Last Closing

USD 29.82

Change

+0.52 (+1.77)%

Market Cap

USD 205.13B

Volume

0.06B

Analyst Target

USD 33.09
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

Bank of America Corporation is a bank holding and a financial holding company. Through its subsidiaries, the Company provides banking and non-banking financial services and products throughout the United States and in selected international markets.

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2019-03-18 )

Largest Industry Peers for Banks

Symbol Name Price(Change) Market Cap
HSBC.P.A HSBC Holdings plc. ADR SER A R..

N/A

USD 21,450.55B
JPM JP Morgan Chase & Co.

N/A

USD 374.03B
WFC Wells Fargo & Company

N/A

USD 212.85B
HSBC HSBC Holdings plc.

N/A

USD 168.87B
C Citigroup Inc.

N/A

USD 165.97B
ASB.P.D Associated Banc-Corp Depositar..

N/A

USD 152.71B
RY Royal Bank Of Canada

N/A

USD 114.85B
HDB HDFC Bank Limited

N/A

USD 114.73B
TD Toronto Dominion Bank (The)

N/A

USD 107.42B
ITUB Itau Unibanco Banco Holding SA..

N/A

USD 95.00B

ETFs Containing BAC

DXF:CA Dynamic iShares Active Gl.. 10.13 % 0.86 %

N/A

CAD 0.01B
BANK:CA BMO Global Banks Hedged t.. 9.15 % 0.39 %

N/A

CAD 8.13M
IYG iShares U.S. Financial Se.. 8.46 % 0.42 %

N/A

USD 1.25B
KBWB Invesco KBW Bank ETF 8.19 % 0.35 %

N/A

USD 0.55B
XLF SPDR Select Sector Fund -.. 7.99 % 0.13 %

N/A

USD 25.09B
FINU ProShares UltraPro Financ.. 6.99 % 0.95 %

N/A

USD 0.03B
FNCL Fidelity MSCI Financials .. 6.87 % 0.08 %

N/A

USD 1.16B
RWW Invesco Exchange-Traded F.. 6.80 % 0.46 %

N/A

USD 0.03B
RWW Invesco Exchange-Traded F.. 6.80 % 0.46 %

N/A

USD 0.03B
VFH Vanguard Financials 6.70 % 0.10 %

N/A

USD 7.61B
ZWK:CA BMO Covered Call US Banks.. 6.65 % 0.00 %

N/A

CAD 0.02B
ZBK:CA BMO Equal Weight US Banks.. 5.26 % 0.37 %

N/A

CAD 0.72B
SPVU Invesco S&P 500 Enhanced .. 4.61 % 0.16 %

N/A

USD 0.06B
IYF iShares U.S. Financial 4.60 % 0.42 %

N/A

USD 1.75B
SDGA Impact Shares Sustainable.. 4.36 % 0.00 %

N/A

USD 1.04M
FTXO First Trust Nasdaq Bank E.. 3.99 % 0.60 %

N/A

USD 0.15B
WUSA WisdomTree U.S. Domestic .. 3.99 % 0.33 %

N/A

USD 2.33M
IXG iShares Global Financial 3.81 % 0.46 %

N/A

USD 0.35B
JHMF John Hancock Multifactor .. 3.68 % 0.47 %

N/A

USD 0.05B
SHU:CA Sphere FTSE US Sustainabl.. 3.64 % 0.70 %

N/A

CAD 3.41M
EZY EZY 3.62 % 0.38 %

N/A

USD 0.04B
FAS Direxion Financial Bull 3.. 3.45 % 1.04 %

N/A

USD 1.49B
ZIG The Acquirers Fund 3.37 % 0.00 %

N/A

USD 7.06M
PWV Invesco Dynamic Large Cap.. 3.36 % 0.56 %

N/A

USD 0.97B
JKD iShares Morningstar Large.. 3.23 % 0.20 %

N/A

USD 0.85B
AMCA iShares Russell 1000 Pure.. 3.18 % 0.15 %

N/A

USD 0.01B
EQRR ProShares Equities for Ri.. 3.15 % 0.35 %

N/A

USD 3.32M
ZVU:CA BMO MSCI USA Value Index .. 2.96 % 0.33 %

N/A

CAD 8.76M
VLUE iShares Edge MSCI USA Val.. 2.95 % 0.15 %

N/A

USD 2.42B
HEA.A:CA Horizons Enhanced Income .. 2.87 % 1.61 %

N/A

CAD 3.35M
IWX iShares Russell Top 200 V.. 2.79 % 0.20 %

N/A

USD 0.47B
HAZ.A:CA Horizons Active Global Di.. 2.71 % 1.76 %

N/A

CAD 7.25M
YLDE ClearBridge Dividend Stra.. 2.68 % 0.59 %

N/A

USD 4.68M
FDVV Fidelity High Dividend 2.43 % 0.30 %

N/A

USD 0.36B
MGV Vanguard Mega Cap Value 2.40 % 0.07 %

N/A

USD 2.54B
SPYV SPDR Series Trust Portfol.. 2.26 % 0.06 %

N/A

USD 3.01B
IVE iShares S&P 500 Value 2.26 % 0.18 %

N/A

USD 15.79B
VOOV Vanguard S&P 500 Value 2.26 % 0.15 %

N/A

USD 1.03B
NACP Impact Shares Trust I NAA.. 2.19 % 0.00 %

N/A

USD 2.22M
SCHV Schwab U.S. Large-Cap Val.. 2.18 % 0.04 %

N/A

USD 6.09B
RFDA RiverFront Dynamic US Div.. 2.17 % 0.52 %

N/A

USD 0.13B
IUSV iShares Core S&P U.S. Val.. 2.10 % 0.04 %

N/A

USD 5.83B
EPS WisdomTree U.S. LargeCap .. 2.08 % 0.28 %

N/A

USD 0.28B
ESG FlexShares STOXX US ESG I.. 2.02 % 0.42 %

N/A

USD 0.03B
WOMN Impact Shares Trust I ETF.. 2.00 % 0.00 %

N/A

USD 4.23M
VTV Vanguard Value 1.99 % 0.04 %

N/A

USD 49.70B
VONV Vanguard Russell 1000 Val.. 1.90 % 0.12 %

N/A

USD 1.97B
EXT WisdomTree U.S. Total Mar.. 1.87 % 0.28 %

N/A

USD 0.09B
IWD iShares Russell 1000 Valu.. 1.85 % 0.19 %

N/A

USD 39.82B
FDRR Fidelity Dividend ETF for.. 1.81 % 0.30 %

N/A

USD 0.37B
FCRR:CA Fidelity U.S. Dividend fo.. 1.65 % 0.00 %

N/A

CAD 0.06B
VLU SPDR S&P 1500 Value Tilt 1.61 % 0.13 %

N/A

USD 0.02B
ESGG FlexShares STOXX Global E.. 1.53 % 0.42 %

N/A

USD 0.09B
DHVW Diamond Hill Valuation-We.. 1.44 % 0.10 %

N/A

USD 0.02B
JUST Goldman Sachs JUST U.S. L.. 1.40 % 0.20 %

N/A

USD 0.13B
USSD WisdomTree Strong Dollar .. 1.39 % 0.33 %

N/A

USD 1.49M
VGFO Virtus WMC Global Factor .. 1.35 % 0.49 %

N/A

USD 5.21M
SPXT ProShares S&P 500 Ex-Tech.. 1.33 % 0.27 %

N/A

USD 3.31M
USDY Pacific Global US Equity .. 1.29 % 0.00 %

N/A

USD 0.03B
OEW Invesco S&P 100 Equal Wei.. 1.12 % 0.40 %

N/A

USD 3.31M
SPLG SPDR Series Trust Portfol.. 1.12 % 0.04 %

N/A

USD 2.64B
SPTM SPDR Portfolio Total Stoc.. 1.01 % 0.04 %

N/A

USD 3.61B
TILT FlexShares Mornigstar US .. 0.82 % 0.25 %

N/A

USD 1.24B
LOWC SPDR MSCI ACWI Low Carbon.. 0.00 % 0.20 %

N/A

USD 0.07B
TOK iShares MSCI Kokusai 0.00 % 0.25 %

N/A

USD 0.14B
URTH Ishares MSCI World Index .. 0.00 % 0.24 %

N/A

USD 0.64B
UYG ProShares Ultra Financial.. 0.00 % 0.95 %

N/A

USD 0.82B

Market Performance

  Market Performance vs. Industry/Classification (Banks) Market Performance vs. Exchange (New York Stock Exchange)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 21.02% 86% B 82% B-
Dividend Return 0.61% 9% F 30% F
Total Return 21.63% 86% B 82% B-
Trailing 12 Months  
Capital Gain -7.30% 37% F 34% F
Dividend Return 1.77% 13% F 31% F
Total Return -5.53% 36% F 32% F
Trailing 5 Years  
Capital Gain 73.47% 90% A- 88% B+
Dividend Return 9.54% 21% F 32% F
Total Return 83.01% 89% B+ 88% B+
Average Annual (5 Year Horizon)  
Capital Gain 19.29% 94% A 92% A-
Dividend Return 20.90% 94% A 92% A-
Total Return 1.61% 17% F 33% F
Risk Return Profile  
Volatility (Standard Deviation) 31.17% 11% F 16% F
Risk Adjusted Return 67.05% 49% F 69% D+
Market Capitalization 205.13B 98% A+ 100% A+

Key Financial Ratios

  Ratio vs. Industry/Classification (Banks) Ratio vs. Market (New York Stock Exchange)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
Market Value  
Price / Earning Ratio 11.10 54% F 56% F
Price/Book Ratio 1.20 48% F 58% F
Price / Cash Flow Ratio 1.85 51% F 62% D-
Price/Free Cash Flow Ratio 7.71 44% F 60% D-
Management Effectiveness  
Return on Equity 10.64% 56% F 61% D-
Return on Invested Capital N/A N/A N/A N/A N/A
Return on Assets 1.21% 68% D+ 38% F
Debt to Equity Ratio 109.00% 46% F 35% F

Annual Financials (USD)

Quarterly Financials (USD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
High market capitalization

This is one of the largest entities in its sector and is among the top quartile. Such companies tend to be more stable.

High dividend returns

The stock has outperformed its sector peers on average annual dividend returns basis in the past 5 years (for a hold period of at least 12 months) and is in the top quartile. This can be a good buy, especially if it is outperforming on total return basis , for investors seeking high income yields.

Positive cash flow

The company had positive total cash flow in the most recent four quarters.

Positive free cash flow

The company had positive total free cash flow in the most recent four quarters.

Superior Earnings Growth

This stock has shown top quartile earnings growth in the previous 5 years compared to its sector.

Superior Dividend Growth

This stock has shown top quartile dividend growth in the previous 5 years compared to its sector

What to not like:
Poor risk adjusted returns

This company is delivering below median risk adjusted returns in its peers. Even if it is outperforming on returns , the returns are unpredictable. Proceed with caution.

High volatility

The total returns for this company are volatile and above median for its sector over the past 5 years. Make sure you have the risk tolerance for investing in such stock.

Below median total returns

The company has under performed its peers on annual average total returns in the past 5 years.

Overpriced compared to book value

The stock is trading high compared to its peers median on a price to book value basis.

Higly leveraged

The company is in the bottom half compared to its sector peers on debt to equity and is highly leveraged. However, do check the news and look at its sector and management statements. Sometimes this is high because the company is trying to grow aggressively.

Low Revenue Growth

This stock has shown below median revenue growth in the previous 5 years compared to its sector