Bank of America Corporation is a Delaware corporation, a bank holding company (BHC) and a financial holding company. When used in this report, “Bank of America,” “the Corporation,” “we,” “us” and “our” may refer to Bank of America Corporation individually, Bank of America Corporation and its subsidiaries, or certain of Bank of America Corporation’s subsidiaries or affiliates. As part of our efforts to streamline the Corporation’s organizational structure and reduce complexity and costs, the Corporation has reduced and intends to continue to reduce the number of its corporate subsidiaries, including through intercompany mergers. Bank of America is one of the world’s largest financial institutions, serving individual consumers, small- and middle-market businesses, institutional investors, large corporations and governments with a full range of banking, investing, asset management and other financial and risk management products and services.
| Metric | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Revenue | 191.6B | 191.6B | 196.4B | 171.9B | 115.1B | 93.9B |
| Net Income | 29.1B | 29.1B | 25.3B | 24.9B | 26.0B | 30.6B |
| EPS | $3.81 | $3.81 | $3.19 | $3.08 | $3.19 | $3.57 |
| Free Cash Flow | 12.6B | 12.6B | -8.8B | 45.0B | -6.3B | -7.2B |
| ROIC | 4.7% | 4.8% | 4.4% | 4.2% | 4.7% | 5.6% |
| Gross Margin | 56.1% | 56.1% | 50.9% | 54.6% | 80.4% | 90.5% |
| Debt/Equity | 1.21 | 1.21 | 1.11 | 1.15 | 1.11 | 1.13 |
| Dividends/Share | $1.25 | $1.08 | $1.00 | $0.24 | $0.22 | $0.21 |
| Operating Income | 1.6B | 1.6B | 33.2B | -3.1B | -2.8B | -1.8B |
| Operating Margin | 0.8% | 0.8% | 16.9% | -1.8% | -2.4% | -1.9% |
| ROE | 9.6% | 9.7% | 8.6% | 8.5% | 9.5% | 11.3% |
| Shares Outstanding | 7,626M | 7,626M | 7,945M | 8,073M | 8,155M | 8,559M |
BANK OF AMERICA CORP /DE/ passes 4 of 9 quality checks, suggesting mixed fundamentals.
BANK OF AMERICA CORP /DE/ trades at 14.0x trailing earnings, compared to its 15-year median P/E of 11.8x, suggesting it is currently Fair relative to its historical range. On a free-cash-flow basis, the stock trades at 32.3x vs a median of 6.2x. The company's 5-year average ROIC is 4.7% with a gross margin of 66.5%. Total shareholder yield (dividends + buybacks) is 7.6%. At current prices, the estimated annualized return to fair value is -17.3%.
BANK OF AMERICA CORP /DE/ (BAC) has a current P/E ratio of 14.0, compared to its historical median P/E of 11.8. The stock is currently considered Fair based on its historical valuation range.
BANK OF AMERICA CORP /DE/ (BAC) has a 5-year average return on invested capital (ROIC) of 4.7%. This is below average and may indicate limited pricing power.
BANK OF AMERICA CORP /DE/ (BAC) has a market capitalization of $406.8B. It is classified as a mega-cap stock.
Yes, BANK OF AMERICA CORP /DE/ (BAC) pays a dividend with a trailing twelve-month yield of 2.35%. The company also returns capital through share buybacks, with a buyback yield of 5.27%.
Based on historical P/E analysis, BANK OF AMERICA CORP /DE/ (BAC) appears fair. The current P/E of 14.0 is 19% above its historical median of 11.8. The estimated fair value CAGR (P/E method) is 6.6%.
BANK OF AMERICA CORP /DE/ (BAC) operates in the National Commercial Banks industry, within the Financials sector.
BANK OF AMERICA CORP /DE/ (BAC) reported annual revenue of $191.6 billion in its most recent fiscal year, based on SEC EDGAR filings.
BANK OF AMERICA CORP /DE/ (BAC) has a net profit margin of 15.2%. This is a healthy margin.
BANK OF AMERICA CORP /DE/ (BAC) generated $12.6 billion in free cash flow in its most recent fiscal year. Positive free cash flow supports dividends, buybacks, and debt reduction.
BANK OF AMERICA CORP /DE/ (BAC) has a debt-to-equity ratio of 1.21. This indicates moderate leverage.
BANK OF AMERICA CORP /DE/ (BAC) reported earnings per share (EPS) of $3.81 in its most recent fiscal year.
BANK OF AMERICA CORP /DE/ (BAC) has a return on equity (ROE) of 9.7%. This indicates moderate shareholder returns.
BANK OF AMERICA CORP /DE/ (BAC) has a 5-year average gross margin of 66.5%. This high margin suggests strong pricing power and a potential competitive moat.
The Ledger Terminal provides 19 years of financial data for BANK OF AMERICA CORP /DE/ (BAC), sourced directly from SEC EDGAR filings. This includes income statements, balance sheets, cash flow statements, and key financial ratios.
BANK OF AMERICA CORP /DE/ (BAC) has a book value per share of $39.76, based on its most recent annual SEC filing.
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