By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service. These fundamental indicators attest to how well BANK OF AMERICA utilizes its assets to generate profit and value for its shareholders. If the correlation is 0, the equities are not correlated; they are entirely random. For B of A profitability analysis, we use financial ratios and fundamental drivers that measure the ability of B of A to generate income relative to revenue, assets, operating costs, and current Minivan $60/day. The scores are based on the trading styles of Value, Growth, and Momentum. This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. Bank of America Corp is one of the largest financial institutions in the United States, with more than $2.5 trillion in assets. Bank Of America Book Value Per Share is currently at 29.96 X. 7:58 PM ET. Real time prices by BATS. Investors typically determine Bank Of America value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. Increase assets and reduce liabilities. Bank of America (WBO:BOAC) Book Value per Share Get Your 7-Day Free Trial! This feature is only available for Premium Members, please sign up for. You can manage your stock email alerts here. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Ralph Lauren moves, either up or down, the other security will move in the same direction. Upgrade to remove this ad. Sep '18 Jan '19 May '19 285.00 270.00 255.00 240.00 Historical Price to Tangible Book Value Data View and export this data back to 1992. During the past 3 years, the average Book Value Per Share Growth Rate was 6.50% per year. Earn affiliate commissions by embedding GuruFocus Charts, 100 NORTH TRYON STREET CHARLOTTE NC 28255. View and export this data going back to 1973. Investors typically determine Bank Of America value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. Bank of America's Tangible Book Value Per Share for the fiscal year that ended in Dec. 2021 is calculated as, Bank of America's Tangible Book Value Per Share for the quarter that ended in Sep. 2022 is calculated as. Tangible book value per share is calculated as the total tangible equity divided by Shares Outstanding (EOP). Bank Of America Book Value Per Share is currently at 29.96 X. Investors typically determine Bank Of America value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. The lowest was -21.80% per year. Compact $35/day. Book values of financial companies are more accurate indicator of the economic value of the company. Unlimited 1.5 points for every $1 spent on all purchases >. About Book Value (Per Share) Book Value, per share, reveals the current state of the company and ignores future growth potential. All currency related amount are indicated in the company's associated stock exchange currency. $18,000 (min > Northfield) $65,000. For the Banks - Diversified subindustry, Bank of America's Tangible Book per Share, along with its competitors' market caps and Tangible Book per Share data, can be viewed below: * Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. View Book Value (Per Share) for BAC. At the center of everything we do is a strong commitment to independent research and sharing its profitable discoveries with investors. Its book value per share for the quarter that ended in Sep. 2022 was 30.26. * indicates the important links in the menu, After-Market: Average Interest Earning Assets (USD Mil), Capital Adequacy Tier - Total Capital Ratio %, Float Percentage Of Total Shares Outstanding, Net Income Including Noncontrolling Interests, Accounts Payable & Accrued Expense for Financial Companies, Accumulated other comprehensive income (loss), Cash, Cash Equivalents, Marketable Securities, Long-Term Debt & Capital Lease Obligation, Other Liabilities for Insurance Companies, Short-Term Debt & Capital Lease Obligation, Cash From Discontinued Investing Activities, Cash from Discontinued Operating Activities, Cash Payments for Deposits by Banks and Customers, Cash Receipts from Deposits by Banks and Customers, Cash Receipts from Securities Related Activities, Other Cash Payments from Operating Activities, Other Cash Receipts from Operating Activities, Payments to Suppliers for Goods and Services, Growth Rate Calculation Example (GuruFocus), Bank of America Offers 100,000 Small Business Owners Skills-Building Through the Bank of America Institute for Women's Entrepreneurship at Cornell, Bank of America awards $1 million grant to Detroit Employment Solutions Corporation, Digital Engagement Soars at Bank of America to More Than 10 Billion Logins, up 15% Year-Over-Year, Bank of America Announces Redemption of CAD1,000,000,000 2.604% Fixed/Floating Rate Senior Notes due March 2023, Bank of America Launches Online Payment Solution, "Pay by Bank", Bank of America Announces New Secured Credit Offerings and Digital Resources to Help Entrepreneurs Start and Grow Their Businesses, Bank of America Becomes First Financial Institution Certified by J.D. It provides multiple suggestions of what could affect the performance of BANK OF AMERICA over time as well as its relative position and ranking within its peers. Note that "N/A" values will not show up in the chart. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. This page has not been authorized, sponsored, or otherwise approved or endorsed by the companies represented herein. Bank of America's Book Value Per Share for the fiscal year that ended in Dec. 2021 is calculated as: Bank of America's Book Value Per Share for the quarter that ended in Sep. 2022 is calculated as: Theoretically it is what the shareholders will receive if the company is liquidated. For B of A profitability analysis, we use financial ratios and fundamental drivers that measure the ability of B of A to generate income relative to revenue, assets, operating costs, and current equity. The Price to Book ratio or P/B is calculated as market capitalization divided by its book value. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Bank of America's consumer-facing lines of business include its network of branches and deposit-gathering operations, home mortgage lending, vehicle lending, credit and debit cards, and small-business services. 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. Bank of America operates under Banks - Global classification in USA and traded on New York Stock Exchange. You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. For BANK OF AMERICA profitability analysis, we use financial ratios and fundamental drivers that measure the ability of BANK OF AMERICA to generate income relative to revenue, assets, operating costs, and current equity. During the past 13 years, the highest P/B Ratio of Bank of America was 1.62. The correlation of Bank Of America is a statistical measure of how it moves in relation to other equities. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Bank Of America moves, either up or down, the other security will move in the same direction. Click here to check it out. Upgrade now. The profitability progress is the general direction of BANK OF AMERICA's change in net profit over the period of time. In addition to all of the proprietary analysis in the Snapshot, the report also visually displays the four components of the Zacks Rank (Agreement, Magnitude, Upside and Surprise); provides a comprehensive overview of the company business drivers, complete with earnings and sales charts; a recap of their last earnings report; and a bulleted list of reasons to buy or sell the stock. Croscill takes pride in designing and creating quality pieces for your most personal and intimate . This is 63.6% lower than that of the Financial Services sector and significantly higher than that of the, The Macroaxis Fundamental Analysis modules help investors analyze Bank Of America's financials across various querterly and yearly statements, indicators and fundamental ratios. Each of the company logos represented herein are trademarks of Microsoft Corporation; Dow Jones & Company; Nasdaq, Inc.; Forbes Media, LLC; Investor's Business Daily, Inc.; and Morningstar, Inc. It also includes an industry comparison table to see how your stock compares to its expanded industry, and the S&P 500. Sep '18 Jan '19 May '19 285.00 270.00 255.00 240.00 Historical Book Value (Per Share) Data View and export this data back to Home Homepage Membership Levels About Us General Discussion Complete Stock List The This feature is only available for Premium Members, please sign up for. Bank of America has operations in several countries. Book Value per Share (B/S) can be calculated by subtracting liabilities from assets, and then dividing it by the total number of currently outstanding shares. Theoretically it is what the shareholders will receive if the company is liquidated. Alternatively, perfect negative correlation means that if Bank Of America moves in either direction, the perfectly negatively correlated security will move in the opposite direction. The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank. You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. How good is it? For financial companies such as banks and insurance companies, their assets may be reported in current market value of the assets owned. It also may over-estimate their true economic value because the assets can become obsolete. The lowest was -21.80% per year. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. Book Value per Share (B/S) can be calculated by subtracting liabilities from assets, and then dividing it by the total number of currently outstanding shares. Visit www.zacksdata.com to get our data and content for your mobile app or website. Sorry. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. Bank of America's tangible book value per share for the quarter that ended in Sep. 2022 was $21.36. Usually a company's book value and Tangible Book per Share may not reflect its true value. Certain Zacks Rank stocks for which no month-end price was available, pricing information was not collected, or for certain other reasons have been excluded from these return calculations. It has an affiliated registered investment adviser, which serves as the subadviser to an exchange traded fund. However, investors must be aware that conventional calculation of Book Value does not include intangible assets such as goodwill, intellectual property, trademarks or brands and may not be an appropriate measure for many firms. Bank of America(NYSE:BAC) Tangible Book per Share Explanation. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. Bank of Americas book value per share for the quarter that ended in Jun. Upgrade to remove this ad. Mar 23 2020 Bank Of America fundamental comparison: Short Ratio vs Book Value Per Share It's packed with all of the company's key stats and salient decision making information. Gurus may be added or dropped from the GuruFocus site at any time. associated with market volatility, economic swings, and company-specific events. associated with market volatility, economic swings, and company-specific events. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak. Intermediate $39/day. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F. As an investor, you want to buy stocks with the highest probability of success. It also may over-estimate their true economic value because the assets can become obsolete. Bank of America Invests Nearly $43 Million to Help Drive Economic Mobility in Washington, D.C. Bank of America Offers 100,000 Small Business Owners Skills-Building Through the Bank of America Institute for Women's Entrepreneurship at Cornell, Artists Living with Disabilities or Impacted by Housing Insecurity to be Featured in Bank of America Financial Centers Across the United States, Bank of America Becomes First Financial Institution Certified by J.D. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. The book value is essentially the tangible accounting value of a firm For the Banks - Diversified subindustry, Bank of America's Book Value per Share, along with its competitors' market caps and Book Value per Share data, can be viewed below: * Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Bank of America (BAC) Fundamental Charts Price to Book Value, Bank of America (BAC) Stock Sinks As Market Gains: What You Should Know, Citigroup (C) Gives Q4 Outlook, Robust Trading to Offset Weak IB, Bank Stocks Tumble as CEOs Warn of Looming Recession in 2023, The Zacks Analyst Blog Highlights Bank of America, T-Mobile US, ConocoPhillips, Starbucks and Sysco, Top Research Reports for Bank of America, T-Mobile & ConocoPhillips, Most Active Equity Options For Midday - Friday, Dec. 9. For the Banks industry and Financial Services sector, Bank of America's Book Value per Share distribution charts can be found below: * The bar in red indicates where Bank of America's Book Value per Share falls into. The Zacks Equity Research reports, or ZER for short, are our in-house, independently produced research reports. Total tangible equity is calculated as the Total Stockholders Equity minus Preferred Stock minus Intangible Assets. Unlike more traditional methods such as. Search and find Lakeland rental car deals on KAYAK now.25% of our users found rental cars in United States for $47 or less. In other words, a shareholder can use this ratio to see The Price to Book ratio or P/B is calculated as market capitalization divided by its book value. See rankings and related performance below. Alternatively, perfect negative correlation means that if Ralph Lauren Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. However, Bank Of America's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party. Wholesale lines of business include investment banking, corporate and commercial real estate lending, and capital markets operations. This dedication to giving investors a trading advantage led to the creation of our proven Zacks Rank stock-rating system. These fundamental indicators attest to how well Bank Of America utilizes its assets to generate profit and value for its shareholders. The company's Merrill Lynch operations provide brokerage and wealth-management services, as does U.S. Trust private bank. About Book Value (Per Share) Book Value, per share, reveals the current state of the company and ignores future growth potential. Book value may include intangible items which may come from the company's past acquisitions. Bank of America's tangible book value per share for the quarter that ended in Sep. 2022 was $21.36. Jefferies (JEF) Stock Up 4.4% on Q1 Earnings & Revenue Beat, With Six More Rate Hikes Planned for 2022, Here Are 3 Bank Stocks to Buy, The Zacks Analyst Blog Highlights Bank of America, Qualcomm ConocoPhillips, Target and Caterpillar, Top Stock Reports for Bank of America, Qualcomm & ConocoPhillips. The ability to find closely correlated positions to Bank Of America could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Bank Of America when you sell it. The book value is essentially the tangible accounting value of a firm compared to the market value that is shown. Learn more about Zacks Equity Research reports. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. Copyright 2022 Zacks Investment Research | 10 S Riverside Plaza Suite #1600 | Chicago, IL 60606. To learn more, click here. Operating Cash Flow reveals the quality of a company's reported earnings and is calculated by deducting company's income taxes from earnings before interest, taxes, and depreciation (EBITDA). Since intangibles such as goodwill cannot be sold when the company liquidates, tangible book value per share is considered more accurate in reflecting how much shareholders will receive when the company liquidates. Only PremiumPlus Member can access this feature. If the correlation is 0, the equities are not correlated; they are entirely random. Bank of America(WBO:BOAC) Book Value per Share Explanation. It can combine. Stock quotes provided by InterActive Data. It has an affiliated registered investment adviser, which serves as the subadviser to an exchange traded fund. View and export this data going back to 2018. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. Price to Book Value Range, Past 5 Years 1.027 Minimum Mar 23 2020 2.022 Maximum Jun 04 2021 1.579 Average 1.578 Fundamental company data provided by Morningstar, updated daily. $ 50 $ 100 BAC Bank of America Corp. ( BAC) $32.32 0.37 % Live $ Dec 9 2022, 9:30 AM Bank of America Corp.: $32.38 1D 1W 1M 1Y 3Y Key Stats $32.17 Day's Range $32.595 $29.14 52-Week Range $48.97 Company Information Bank of America is a multinational financial services and investment bank headquartered in Charlotte, North Carolina. If Book Value per Share is higher than the currently traded stock price, the company can be considered undervalued. During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Bank of America was 46.20% per year. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating indiv idual securities. Total equity is a balance sheet item and equal to total assets less total liabilities of the company. Bank Of Nova Scotia book value per share for the three months ending October 31, 2022 was $48.74. GuruFocus has detected 1 Severe Warning Sign with BAC. 2004-2022 GuruFocus.com, LLC. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents. It indicates the level of safety associated with each common share after removing the effects of liabilities. And the median was 4.75% per year. Upgrade now. So, investors can't just sell and buy back Twitter - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Twitter to buy it. Bank stocks BAC has been successfully added to your Stock Email Alerts list. In other words, a shareholder can use this ratio to see how much he or she can sell the stake in the company in the event of a liquidation. And the median was 0.90. During the past 3 years, the average Book Value Per Share Growth Rate was 6.50% per year. If the real value is higher than the market price, Bank Of America is considered to be undervalued, and we provide a buy recommendation. Bank of America has operations in several countries. Book your rental car in United States at least 1 day before your trip in order to get a below-average price. BVPS = $6. The company's Merrill Lynch operations provide brokerage and wealth-management services, as does U.S. Trust private bank. Warning! Only PremiumPlus Member can access this feature. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. However, investors must be aware that conventional calculation of Book Value does not include intangible assets such as goodwill, intellectual property, trademarks or brands and may not be an appropriate measure for many firms. Usually a company's book value and Tangible Book per Share may not reflect its true value. It employs 208000 people. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. This may underestimate the true economic values of the assets. View, measure Bank Of America's market volatility, predict the probability of Bank Of America's future price movements, Sponsored content. Researching stocks has never been so easy or insightful as with the ZER Analyst and Snapshot reports. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. Bank of America's book value per share for the quarter that ended in Sep. 2022 was $29.96. Most of Bank Of America's fundamental indicators, such as Book Value Per Share, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. The ability to find closely correlated positions to Ralph Lauren could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ralph Lauren when you sell it. For B of A profitability analysis, we use financial ratios and fundamental drivers that measure the ability of B of A to generate income relative to revenue, assets, operating costs, and current equity. Bank of America has operations in several countries. Down 21.9% in 4 Weeks, Here's Why Bank of America (BAC) Looks Ripe for a Turnaround. During the past 12 months, Bank of America's average Book Value Per Share Growth Rate was 5.80% per year. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style. The historical data trend for Bank of America's Tangible Book per Share can be seen below: * For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. It can combine. During the past 12 months, Bank of America's average Book Value Per Share Growth Rate was 5.80% per year. Bank Of America Book Value Per Share vs. Shares Outstanding Fundamental Analysis The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. It provides multiple suggestions of what could affect the performance of BANK OF AMERICA over time as well as its relative position and ranking within its peers. The detailed multi-page Analyst report does an even deeper dive on the company's vital statistics. Visit Performance Disclosure for information about the performance numbers displayed above. Hence, today's PB Ratio of Bank of America is 1.02. Note that "N/A" values will not show up in the chart. Book Value per Share (B/S) can be calculated by subtracting liabilities from assets, and then dividing it by the total number of currently outstanding shares. Book flight reservations, rental cars, and hotels on southwest. Only PremiumPlus Member can access this feature. The book value is the difference between total assets and liabilities. BAC has been removed from your Stock Email Alerts list. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. Enterprise Value is a firm valuation proxy that approximates the current market value of a company. We use both quantitative as well as qualitative analysis to arrive at, Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Companies involved in manufacturing and maintenance of freight railroads and passenger trains as well as providing railroad services to public. Gurus may be added or dropped from the GuruFocus site at any time. 2004-2022 GuruFocus.com, LLC. Its book value per share for the quarter that ended in Sep. 2022 was $29.96. 2022 was $29.87.During the past 12 months, Bank of Americas average Book Value Per Share Growth Rate was 5.80% per year. Total Stockholders Equity is a balance sheet item and equal to Total Assets less Total Liabilities of the company. Including the Zacks Rank, Zacks Industry Rank, Style Scores, the Price, Consensus & Surprise chart, graphical estimate analysis and how a stocks stacks up to its peers. Zacks Industry Rank Education -- Learn more about the Zacks Industry Rank. In short, this is how much a company is worth. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The Rentals theme has 40 constituents at this time. Bank of America's book value per share for the quarter that ended in Sep. 2022 was 30.26. Otherwise, we render a sell signal. All currency related amount are indicated in the company's associated stock exchange currency. Total Stockholders Equity is a balance sheet item and equal to Total Assets less Total Liabilities of the company. The historical data trend for Bank of America's Book Value per Share can be seen below: * For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. You can apply the same method to get the book value growth rate using book value per share data. On at least one key metric, Bank of America (NYSE: BAC) stock looks far too cheap. Book Value per Share (B/S) can be calculated by subtracting liabilities from assets, and then dividing it by the total number If you don't do this, your portfolio allocation will be skewed against your target asset allocation. Should You Invest in the Fidelity MSCI Financials Index ETF (FNCL)? Fundamental company data provided by Morningstar, updated daily. Disclaimers: GuruFocus.com is not operated by a broker or a dealer. Bank of America's consumer-facing lines of business include its network of branches and deposit-gathering operations, home mortgage lending, vehicle lending, credit and debit cards, and small-business services. All Rights Reserved. Please click on the following links to see related term pages. Click here to check it out. Macroaxis can help you discover thousands of investment opportunities in different asset classes. The profitability module also shows relationships between BANK OF AMERICA's most relevant fundamental drivers. The profitability module also shows relationships between BANK OF AMERICA's most relevant fundamental drivers. Stock quotes provided by InterActive Data. Bank of America was off 5.7%, to $21.38, above its tangible book value of about $19.40 a share at year-end 2019. This investment adviser does not provide advice to individual investors. The revised BVPS will be as follows: BVPS = $15,000,000 / 2,500,000. Start Now! The most important aspect of a successful company is its ability to generate a profit. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. Zacks Rank Education - Learn about the Zacks Rank, Zacks Rank Home - Zacks Rank resources in one place, Zacks Premium - The only way to fully access the Zacks Rank. And the median was 4.75% per year. GuruFocus has detected 1 Severe Warning Sign with WBO:BOAC. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. Bank of America(NYSE:BAC) Book Value per Share Explanation. These fundamental indicators attest to how well BANK OF AMERICA utilizes its assets to generate profit and value for its shareholders. Book values of financial companies are more accurate indicator of the economic value of the company. For investors in BANK OF AMERICA, profitability is also one of the essential criteria for including it into their portfolios because, without profit, BANK OF AMERICA will eventually generate negative long term returns. Zacks Rank Education -- Learn more about the Zacks Rank Wholesale lines of business include investment banking, corporate and commercial real estate lending, and capital markets operations. It also may over-estimate their true economic value because the assets can become obsolete. In addition, you can, When running BANK OF AMERICA price analysis, check to, Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk Operating Cash Flow shows the difference between reported income and actual cash flows of the company. 3 No-Brainer Stocks to Buy With $100 During the Market Sell-Off, $BAC $BAC.PE $BAC.PL - Bank of America Corporation (BAC) Presents at RBC Capital Markets Global Financial Instituti, RBC Capital Sticks to Their Buy Rating for Bank of America (BAC), The Zacks Analyst Blog Highlights iShares U.S. Dividend And Buyback ETF, Invesco Buyback Achievers Portfolio, Technology Select Sector SPDR ETF, Financial Select Sector SPDR ETF and Consumer Discretionary Select Sector SPDR ETF. Should You Invest in the Fidelity MSCI Financials Index ETF (FNCL)? Should You Invest in the Invesco S&P 500 Equal Weight Financials ETF (RYF)? The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Current and historical book value per share for Bank Of America (BAC) from 2010 to 2022. Bank Of America book value per share for the Bank of America's current price is 30.815. For the Banks - Diversified subindustry, Bank of America's Book Value per Share, along with its competitors' market caps and Book Value per Share data, can be viewed below: * Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. The ever popular one-page Snapshot reports are generated for virtually every single Zacks Ranked stock. Average Interest Earning Assets (USD Mil), Capital Adequacy Tier - Total Capital Ratio %, Float Percentage Of Total Shares Outstanding, Net Income Including Noncontrolling Interests, Accounts Payable & Accrued Expense for Financial Companies, Accumulated other comprehensive income (loss), Cash, Cash Equivalents, Marketable Securities, Long-Term Debt & Capital Lease Obligation, Other Liabilities for Insurance Companies, Short-Term Debt & Capital Lease Obligation, Cash From Discontinued Investing Activities, Cash from Discontinued Operating Activities, Cash Payments for Deposits by Banks and Customers, Cash Receipts from Deposits by Banks and Customers, Cash Receipts from Securities Related Activities, Other Cash Payments from Operating Activities, Other Cash Receipts from Operating Activities, Payments to Suppliers for Goods and Services, Bank of America Honors Five Leaders Creating Change for People and Communities of Color. In addition, you can, When running BANK OF AMERICA price analysis, check to, Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk Warning! Investors use this metric to determine how a company's stock price stacks up to its intrinsic value. The assets may be carried on the balance sheets at the original cost minus depreciation. During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Bank of America was 46.20% per year. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Twitter moves, either up or down, the other security will move in the same direction. And Why You Should Too. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. All Rights Reserved. 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. Book value less intangibles is called Tangible Book. Zacks Ranks stocks can, and often do, change throughout the month. Repurchasing 500,000 common stocks from the companys shareholders increases the BVPS from $5 to $6. The lowest was 0.26. Thank you for viewing the detailed overview of Bank of America's Tangible Book per Share provided by GuruFocus.com. An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's. Compact $37/day. The correlation of Ralph Lauren is a statistical measure of how it moves in relation to other equities. Wholesale lines of business include investment banking, corporate and commercial real estate lending, and capital markets operations. They offer a diverse range of products and services including personal, commercial, corporate and investment banking. Power for Customer Satisfaction with Financial Health Support, Bank of America Awards $1 Million to Motown Museum, Bank of America Consumer Clients Make $294 Billion in Payments in February, up 16% Year-Over-Year, Virginia Union University Receives $1M Grant from Bank of America, BofA Adds ACH Positive Pay On The CashPro App, Giving Clients Greater Control And Peace Of Mind, Digital Engagement Soars at Bank of America to More Than 10 Billion Logins, up 15% Year-Over-Year. The naive approach to look at Book Value per Share is to compare it to current stock price. These fundamental indicators attest to how well BANK OF AMERICA utilizes its assets to generate profit and value for its shareholders. During the past 5 years, the average Book Value Per Share Growth Rate was 5.40% per year. Power for Customer Satisfaction with Financial Health Support, Bank of America Consumer Clients Make $294 Billion in Payments in February, up 16% Year-Over-Year, BofA Adds ACH Positive Pay On The CashPro App, Giving Clients Greater Control And Peace Of Mind, Bank of America Mobilized and Deployed $250 Billion in Sustainable Finance Capital in 2021. You can apply the same method to get the book value growth rate using book value per share data. FAQs What is the book value of Bank of America? It is organized into four major segments: consumer banking, global wealth and investment management, global banking, and global markets. Zacks Investment Research is releasing its prediction for BAC based on the 1-3 month trading system that more than doubles the S&P 500. View, BANK OF AMERICACurrent Valuation vs. Book Value Per Share, Current Valuation vs Market Capitalization, Earnings Per Share vs Book Value Per Share, Current Valuation vs Number of Shares Shorted, Number of Employees vs Book Value Per Share, Cash Flow from Operations vs Book Value Per Share, Current Valuation vs Cash and Equivalents, measure BANK OF AMERICA's market volatility, predict the probability of BANK OF AMERICA's future price movements, Sponsored content. Bank of America operates under Banks - Global classification in USA and traded on New York Stock Exchange. The ability to find closely correlated positions to Twitter could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Twitter when you sell it. The current price to book ratio for Bank Of America as of December 09, 2022 Price to book value is a valuation ratio that is measured by stock price / book value per share. These fundamental indicators attest to how well Bank Of America utilizes its assets to generate profit and value for its shareholders. It indicates the level of safety associated with each common share after removing the effects of liabilities. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style. The profitability module also shows relationships between All currency related amount are indicated in the company's associated stock exchange currency. For BANK OF AMERICA profitability analysis, we use financial ratios and fundamental drivers that measure the ability of BANK OF AMERICA to generate income relative to revenue, assets, operating costs, and current equity. 3 Reasons Bank of America Can Still Perform Well in a Difficult Bond Market, Bank of America (BAC) Dips More Than Broader Markets: What You Should Know, Jefferies (JEF) Stock Up 4.4% on Q1 Earnings & Revenue Beat, 3 Warren Buffett Stocks to Buy Hand Over Fist in March, The Zacks Analyst Blog Highlights Bank of America, Qualcomm ConocoPhillips, Target and Caterpillar. 5 Big Investors Betting on CSCO Stock. Shares of the North Carolina-based bank are currently valued at 78% of book value. Bank of America Book Value per Share. For financial companies such as banks and insurance companies, their assets may be reported in current market value of the assets owned. For the Banks industry and Financial Services sector, Bank of America's Book Value per Share distribution charts can be found below: * The bar in red indicates where Bank of America's Book Value per Share falls into. Please click on the following links to see related term pages. The profitability progress is the general direction of BANK OF AMERICA's change in net profit over the period of time. If you do not, click Cancel. Should You Invest in the Financial Select Sector SPDR ETF (XLF)? In other words, Operating Cash Flow refers to the amount of cash a firm generates from the sales or products or from rendering services. Past performance is a poor indicator of future performance. Upgrade to remove this ad. The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. Usually a company's book value and Tangible Book per Share may not reflect its true value. The profitability module also shows relationships The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The Railroads theme has 40 constituents at this time. You can manage your stock email alerts here. Price to book value is a valuation ratio that is measured by stock price / book value per share. $32.37 Should You Invest in the Vanguard Financials ETF (VFH)? Please enter Portfolio Name for new portfolio. BofA CEO Moynihan on short list to replace Yellen, Gaparino says via Twitter, BofA Names Jim Morehead President of Seattle, Bank of America Corp. stock outperforms competitors despite losses on the day. It is organized into four major segments: consumer banking, global wealth and investment management, global banking, and global markets. Past performance is a poor indicator of future performance. Only Zacks Rank stocks included in Zacks hypothetical portfolios at the beginning of each month are included in the return calculations. This may underestimate the true economic values of the assets. -0.01 (-0.03%) Announces Closing Of $575 Million Initial Public Offering, Earn affiliate commissions by embedding GuruFocus Charts. The correlation of Twitter is a statistical measure of how it moves in relation to other equities. Macroaxis can help you discover thousands of investment opportunities in different asset classes. Enterprise Value can be a useful tool to compare companies with different capital structures. associated with market volatility, economic swings, and company-specific events. Zacks Style Scores Education - Learn more about the Zacks Style Scores. Thank you for viewing the detailed overview of Bank of America's Book Value per Share provided by GuruFocus.com. 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