Bank of America Corporation
Bank of America Corporation
Your view on BAC-PL
Overview
What the company does, where it operates, and who runs it.
About Bank of America Corporation
- Industry
- Banks - Diversified
- Sector
- Financial Services
- CEO
- Brian Thomas Moynihan
- Headquarters
- Bank of America Corporate Center, Charlotte, NC, US
- Industry
- Banks - Diversified
- Sector
- Financial Services
- CEO
- Brian Thomas Moynihan
- Headquarters
- Bank of America Corporate Center, Charlotte, NC, US
Bank of America Corporation, founded in 1784 and headquartered in Charlotte, North Carolina, operates as a global financial institution delivering a comprehensive array of banking and financial services.
Its diverse client base includes individual consumers, small and mid-sized businesses, institutional investors, large corporations, and governments worldwide. The company organizes its operations across four primary divisions: Consumer Banking, Global Wealth & Investment Management (GWIM), Global Banking, and Global Markets.
The Consumer Banking segment provides a full spectrum of personal financial products. These include various savings and checking accounts (such as traditional, money market, non-interest-bearing, and interest-bearing options), certificates of deposit, individual retirement accounts, and investment accounts.
Additionally, it offers credit and debit cards, along with diverse lending solutions like residential mortgages, home equity loans, and direct or indirect financing for vehicles (automotive, recreational vehicles) and personal needs. Global Wealth & Investment Management (GWIM) focuses on sophisticated financial planning and asset management.
Its offerings encompass investment management, brokerage services, banking, trust administration, and retirement planning. This segment also develops bespoke wealth management strategies and provides specialized asset management solutions.
Global Banking caters to corporate and institutional clients with a robust suite of lending and treasury services. This includes commercial loans, leasing arrangements, commitment facilities, trade finance solutions, commercial real estate financing, and asset-backed lending.
Treasury solutions range from cash management and foreign exchange services to short-term investment options and merchant services, complemented by working capital management tools.
Moreover, this division offers investment banking capabilities, such as debt and equity underwriting and distribution, merger and acquisition advisory services, and other strategic consulting, alongside fixed-income and equity research and specific market-driven services.
Finally, the Global Markets segment facilitates capital markets activities, providing critical functions such as market-making, financing, securities clearing, settlement, and custody services.
It deals in a broad spectrum of securities and derivative products and offers advanced risk management solutions utilizing derivatives linked to interest rates, equities, credit, currencies, and commodities, in addition to foreign exchange, fixed-income, and mortgage-related instruments.
Media
Infographics, videos, and posts covering the company.
Stock Data
Price chart, volume, and trading data.
Fair Value
What FRC thinks it is worth vs. the current price.
FRC's fair value estimate for Bank of America Corporation, and the rating behind it. BAC-PL last traded at $1195.00, 12.3× trailing earnings — the estimate is read against that market price. FRC analysts run the firm's valuation model across the companies on this platform to estimate what each one is worth, rather than republishing a consensus average. Shows the current estimate, our rating, and when it was last revised. A free account covers 7 company valuations a month; a paid subscription is unlimited.
Financial Ratios
Profitability, returns, valuation, and leverage ratios.
Valuation, profitability, liquidity and leverage ratios for Bank of America Corporation. Starting points for Bank of America Corporation: P/E 12.3, EPS $94.12, beta 1.18 — an Banks - Diversified name. P/E, P/B, EV/EBITDA, margins, return on equity, current ratio and debt coverage, each shown against the company's own history.
Dividend Analysis
Yield, payout ratio, and dividend coverage metrics.
Dividend history, yield and payout sustainability for Bank of America Corporation. Bank of America Corporation paid $72.50 per share over the last year — a 6.1% yield at the current $1195.00 price. Per-share payments, yield over time, payout ratio and growth streak, with coverage measured against free cash flow.
Earnings Analysis
EPS history, beat rate, and upcoming earnings reports.
Reported vs. expected earnings history for Bank of America Corporation. Trailing twelve-month EPS for Bank of America Corporation stands at $94.12. EPS surprises by quarter, revenue against estimates, and the upcoming reporting date.
Financial Statements
Income statement, balance sheet, and cash flow statements.
Income statement, balance sheet and cash flow history for Bank of America Corporation. Bank of America Corporation has reported as a listed company since 2008. Annual and quarterly filings with period-over-period comparison, so you can trace how revenue, margins and cash generation have moved.
Comparables
List of peer companies in the same industry.
Bank of America Corporation valued side by side against its closest peers. Bank of America Corporation is measured against Banks - Diversified peers within the Financial Services sector. Peer-relative multiples and operating metrics, so the valuation is read in the context of its own sector rather than in isolation.
Institutional Ownership
PremiumWhich funds and firms own the stock.
Which institutions hold Bank of America Corporation, and how their positions are changing. At a $436.71B market value, institutional positions materially move Bank of America Corporation's register. Top holders, position sizes, and quarter-over-quarter accumulation or distribution from regulatory filings. Included with FRC Premium.
Insider Trading
PremiumRecent buying and selling by company executives.
Buying and selling by Bank of America Corporation executives and directors. Shares of Bank of America Corporation have traded between $1171.88 and $1297.88 over the past 52 weeks — context for the timing of the transactions below. Insider transactions as disclosed to regulators, with role, size and date — the clearest read on how the people running the company are positioned. Included with FRC Premium.
Senate Trading
PremiumU.S. Senator disclosures filed under the STOCK Act.
U.S. Senate disclosures naming Bank of America Corporation. Bank of America Corporation is a $436.71B Financial Services company. Senators' reported transactions in this security, alongside the fundamentals — a signal most research platforms leave out entirely. Included with FRC Premium.
House Trading
PremiumU.S. Representative disclosures filed under the STOCK Act.
U.S. House of Representatives disclosures naming Bank of America Corporation. Representatives' reported transactions in this security, shown next to the company's fundamentals. Included with FRC Premium.
News
Latest headlines and market coverage.
Latest headlines and company announcements for Bank of America Corporation. Coverage tracks Bank of America Corporation within Banks - Diversified (Financial Services). Press releases and market coverage, newest first.
Comments
Comments and replies from FRC members about this company.