Zacks Ranks stocks can, and often do, change throughout the month. It is organized into four major segments: consumer banking, global wealth and investment management, global banking, and global markets. Wholesale lines of business include investment banking, corporate and commercial real estate lending, and capital markets operations. 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. If Book Value per Share is higher than the currently traded stock price, the company can be considered undervalued. Book value per share can be defined as the amount of equity available to shareholders expressed on a per common share basis. The ever popular one-page Snapshot reports are generated for virtually every single Zacks Ranked stock. It can combine. If you do not, click Cancel. Bank of America Corp stock PB Ratio (=1.08) is close to 2-year low of 0.99. The detailed multi-page Analyst report does an even deeper dive on the company's vital statistics. Enterprise Value can be a useful tool to compare companies with different capital structures. During the past 13 years, the highest P/B Ratio of Bank of America was 1.62. If Book Value per Share is higher than the currently traded stock price, the company can be considered undervalued. Book values of financial companies are more accurate indicator of the economic value of the company. It's packed with all of the company's key stats and salient decision making information. Bank Of America Book Value Per Share is currently at 29.96 X. 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. 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. Should You Invest in the Vanguard Financials ETF (VFH)? Bank of America (NYSE:BAC) Tangible Book per Share Competitive Comparison, Bank of America (NYSE:BAC) Tangible Book per Share Distribution, 100 North Tryon Street, Bank of America Corporate Center, Charlotte, NC, USA, 28255. Hence, today's PB Ratio of Bank of America is 1.08. BAC has been removed from your Stock Email Alerts list. It employs 208000 people. Bank stocks Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. At the center of everything we do is a strong commitment to independent research and sharing its profitable discoveries with investors. 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. Disclaimers: GuruFocus.com is not operated by a broker or a dealer. This page has not been authorized, sponsored, or otherwise approved or endorsed by the companies represented herein. Book values of financial companies are more accurate indicator of the economic value of the company. 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. Book value may include intangible items which may come from the company's past acquisitions. It also may over-estimate their true economic value because the assets can become obsolete. 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. All currency related amount are indicated in the company's associated stock exchange currency. 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. Visit Performance Disclosure for information about the performance numbers displayed above. This investment adviser does not provide advice to individual investors. 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. -0.01 (-0.03%) The BAC stock price closed at $26.85 on Wednesday. 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. Warning! 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 Corporation was founded in 1874 and is based in Charlotte, North Carolina. It has an affiliated registered investment adviser, which serves as the subadviser to an exchange traded fund. 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 stock closed Friday at $24.02, in a 52-week range of $17.95 to $35.72. 2004-2022 GuruFocus.com, LLC. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. Bank Of Nova Scotia book value per share for the three months ending October 31, 2022 was $48.74. During the past 3 years, the average Book Value Per Share Growth Rate was 6.50% per year. 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. The correlation of Twitter is a statistical measure of how it moves in relation to other equities. Bank of America Corporation was founded in 1874 and is based in Charlotte, North Carolina. Wholesale lines of business include investment banking, corporate and commercial real estate lending, and capital markets operations. BVPS = $6. Compact $37/day. In other words, a shareholder can use this ratio to see The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. The correlation of Bank Of America is a statistical measure of how it moves in relation to other equities. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score. Upgrade to remove this ad. The monthly returns are then compounded to arrive at the annual return. 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. 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 Macroaxis can help you discover thousands of investment opportunities in different asset classes. Minivan $60/day. 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 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. Past performance is a poor indicator of future performance. You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. Stock quotes provided by InterActive Data. It also may over-estimate their true economic value because the assets can become obsolete. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. Total tangible equity is calculated as the Total Stockholders Equity minus Preferred Stock minus Intangible Assets. Total Stockholders Equity is a balance sheet item and equal to Total Assets less Total Liabilities of the company. The company's Merrill Lynch operations provide brokerage and wealth-management services, as does U.S. Trust private bank. Operating Cash Flow typically excludes costs associated with long-term investments or investment in marketable securities and is usually used by investors or analysts to check on the quality of a company's earnings. 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. Home Homepage Membership Levels About Us General Discussion Complete Stock List The Book flight reservations, rental cars, and hotels on southwest. Companies involved in manufacturing and maintenance of freight railroads and passenger trains as well as providing railroad services to public. 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. Bank of America: Double-Digit Investor Yield Ahead, Bank of America (BAC) Stock Sinks As Market Gains: What You Should Know, $BAC $BAC.PE $BAC.PL - Bank of America Corporation (BAC) Presents at RBC Capital Markets Global Financial Instituti. 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. Click here to check it out. Should You Invest in the Financial Select Sector SPDR ETF (XLF)? It has an affiliated registered investment adviser, which serves as the subadviser to an exchange traded fund. Net Worth Historical price to book ratio values for Bank Of America (BAC) over the last 10 years. These returns cover a period from January 1, 1988 through September 12, 2022. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company. You can manage your stock email alerts here. 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. The lowest was 0.26. 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. Usually a company's book value and Tangible Book per Share may not reflect its true value. These fundamental indicators attest to how well BANK OF AMERICA utilizes its assets to generate profit and value for its shareholders. The Rentals theme has 40 constituents at this time. And Why You Should Too. The Price to Book ratio or P/B is calculated as market capitalization divided by its book value. The profitability progress is the general direction of BANK OF AMERICA's change in net profit over the period of time. So, investors can't just sell and buy back Bank Of America - 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 Bank Of America to buy it. Upgrade now. 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. If Book Value per Share is higher than the currently traded stock price, the company can be considered undervalued. 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. With Sanibel Captiva Community Bank as your lender, you get a local partner guiding you through the mortgage process. The lowest was -21.80% per year. 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. Bank Of America Book Value Per Share vs. Shares Outstanding Fundamental Analysis The profitability module also shows relationships between BANK OF AMERICA's most relevant fundamental drivers. 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. Should You Invest in the Financial Select Sector SPDR ETF (XLF)? 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. During the past 3 years, the average Book Value Per Share Growth Rate was 6.50% per year. Bank of America Corp stock PB Ratio (=1.08) is close to 2-year low of 0.99. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak. 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 financial companies such as banks and insurance companies, their assets may be reported in current market value of the assets owned. * indicates the important links in the menu, After-Market: 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. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. Book value may include intangible items which may come from the company's past acquisitions. 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 information on this site is in no way guaranteed for completeness, accuracy or in any other way. Bank of America's current price is $32.38. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply. 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 dedication to giving investors a trading advantage led to the creation of our proven Zacks Rank stock-rating system. To learn more, click here. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak. 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. 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. 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. Disclaimers: GuruFocus.com is not operated by a broker or a dealer. About Book Value (Per Share) Book Value, per share, reveals the current state of the company and ignores future growth potential. Should You Invest in the Invesco S&P 500 Equal Weight Financials ETF (RYF)? For financial companies such as banks and insurance companies, their assets may be reported in current market value of the assets owned. Past performance is a poor indicator of future performance. Total equity is a balance sheet item and equal to total assets less total liabilities of the company. The assets may be carried on the balance sheets at the original cost minus depreciation. View and export this data going back to 1973. Gurus may be added or dropped from the GuruFocus site at any time. Intermediate $39/day. Companies providing rental and leasing services to public and business. Its book value per share for the quarter that ended in Sep. 2022 was 30.26. View and export this data going back to 1973. Bank of Americas book value per share for the quarter that ended in Jun. This includes personalizing content and advertising. 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. Disclaimers: GuruFocus.com is not operated by a broker or a dealer. Only PremiumPlus Member can access this feature. Bank of America operates under Banks - Global classification in USA and traded on New York Stock Exchange. Researching stocks has never been so easy or insightful as with the ZER Analyst and Snapshot reports. These fundamental indicators attest to how well BANK OF AMERICA utilizes its assets to generate profit and value for its shareholders. How good is it? Check out. 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 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. $32.37 associated with market volatility, economic swings, and company-specific events. Total Stockholders Equity is a balance sheet item and equal to Total Assets less Total Liabilities of the company. Stock quotes provided by InterActive Data. The naive approach to look at Book Value per Share is to compare it to current stock price. Enterprise Value is a firm valuation proxy that approximates the current market value of a company. Click here to check it out. Since 1988 it has more than doubled the S&P 500 with an average gain of +24.51% per year. Bank Of America book value per share for the $18,000 (min > Northfield) $65,000. 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 2004-2022 GuruFocus.com, LLC. 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. The correlation of Ralph Lauren is a statistical measure of how it moves in relation to other equities. 25,000. online bonus points offer. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. Only Zacks Rank stocks included in Zacks hypothetical portfolios at the beginning of each month are included in the return calculations. The book value per share is a company's book value for every common share outstanding. Visit www.zacksdata.com to get our data and content for your mobile app or website. 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. 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. You can manage your stock email alerts here. 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. Investors use this metric to determine how a company's stock price stacks up to its intrinsic value. ZacksTrade and Zacks.com are separate companies. 7:58 PM ET. 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. The assets may be carried on the balance sheets at the original cost minus depreciation. Shares of the North Carolina-based bank are currently valued at 78% of book value. It also includes an industry comparison table to see how your stock compares to its expanded industry, and the S&P 500. Learn more about Zacks Equity Research reports. Price to book value is a valuation ratio that is measured by stock price / book value per share. Bank of America (BAC) Gains As Market Dips: What You Should Know, Top Stock Reports for Bank of America, Qualcomm & ConocoPhillips, RBC Capital Sticks to Their Buy Rating for Bank of America (BAC), Earn affiliate commissions by embedding GuruFocus Charts, 100 NORTH TRYON STREET CHARLOTTE NC 28255. Book your rental car in United States at least 1 day before your trip in order to get a below-average price. It also may over-estimate their true economic value because the assets can become obsolete. 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. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. Real time prices by BATS. For financial companies such as banks and insurance companies, their assets may be reported in current market value of the assets owned. 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. Wholesale lines of business include investment banking, corporate and commercial real estate lending, and capital markets operations. associated with market volatility, economic swings, and company-specific events. The book value is essentially the tangible accounting value of a firm compared to the market value that is shown. Should You Invest in the Fidelity MSCI Financials Index ETF (FNCL)? 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. If the real value is higher than the market price, Bank Of America is considered to be undervalued, and we provide a buy recommendation. This feature is only available for Premium Members, please sign up for. This may underestimate the true economic values of the assets. During the past 10 years, the average Book Value Per Share Growth Rate was 4.40% per year. Bank of America operates under Banks - Global classification in USA and traded on New York Stock Exchange. The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. 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 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). ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating indiv idual securities. Theoretically it is what the shareholders will receive if the company is liquidated. During the past 5 years, the average Book Value Per Share Growth Rate was 5.40% per year. 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. 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. 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. In accordance with the recently published financial statements, the book value per share of Bank Of America is about 29.957 times. The profitability module also shows relationships between Should You Invest in the Invesco S&P 500 Equal Weight Financials ETF (RYF)? During the past 12 months, Bank of America's average Book Value Per Share Growth Rate was 5.80% per year. Announces Closing Of $575 Million Initial Public Offering, Earn affiliate commissions by embedding GuruFocus Charts. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. Please click on the following links to see related term pages. On at least one key metric, Bank of America (NYSE: BAC) stock looks far too cheap. Bank of America Corp is one of the largest financial institutions in the United States, with more than $2.5 trillion in assets. During the past 5 years, the average Book Value Per Share Growth Rate was 5.40% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 4.40% per year. Bank of America's tangible book value per share for the quarter that ended in Sep. 2022 was $21.36. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. In short, this is how much a company is worth. The assets may be carried on the balance sheets at the original cost minus depreciation. Fundamental company data provided by Morningstar, updated daily. Profitability drivers are factors that can directly affect your. Warning! These fundamental indicators attest to how well Bank Of America utilizes its assets to generate profit and value for its shareholders. NYSE and AMEX data is at least 20 minutes delayed. Bank of America(NYSE:BAC) Tangible Book per Share Explanation. Otherwise, we render a sell signal. View and export this data going back to 2018. This investment adviser does not provide advice to individual investors. 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), Bluescape Opportunities Acquisition Corp. 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. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. Thank you for viewing the detailed overview of Bank of America's Book Value per Share provided by GuruFocus.com. Book values of financial companies are more accurate indicator of the economic value of the company. Sorry. The naive approach to look at Book Value per Share is to compare it to current stock price. 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. Gurus may be added or dropped from the GuruFocus site at any time. 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. Bank of America (WBO:BOAC) Book Value per Share Competitive Comparison, Bank of America (WBO:BOAC) Book Value per Share Distribution, 100 North Tryon Street, Bank of America Corporate Center, Charlotte, NC, USA, 28255. Check out. Zacks Rank Education -- Learn more about the Zacks Rank It indicates the level of safety associated with each common share after removing the effects of liabilities. This may underestimate the true economic values of the assets. The Zacks Equity Research reports, or ZER for short, are our in-house, independently produced research reports. Book Value per Share (B/S) can be calculated by subtracting liabilities from assets, and then dividing it by the total number During the past 13 years, the highest P/B Ratio of Bank of America was 1.62. This may underestimate the true economic values of the assets. Should You Invest in the Fidelity MSCI Financials Index ETF (FNCL)? Only PremiumPlus Member can access this feature. Search and find Lakeland rental car deals on KAYAK now.25% of our users found rental cars in United States for $47 or less. It has an affiliated registered investment adviser, which serves as the subadviser to an exchange traded fund. Thank you for viewing the detailed overview of Bank of America's Book Value per Share provided by GuruFocus.com. 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. The profitability progress is the general direction of BANK OF AMERICA's change in net profit over the period of time. The book value is essentially the tangible accounting value of a firm And the median was 4.75% per year. Upgrade now. Please enter Portfolio Name for new portfolio. In other words, Operating Cash Flow refers to the amount of cash a firm generates from the sales or products or from rendering services. The profitability module also shows relationships between BANK OF AMERICA's most relevant fundamental drivers. Delayed quotes by Sungard. 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. Bank of America (BAC) Book Value (Per Share) - Zacks.com Bank of America (BAC) (Delayed Data from NYSE) $36.09 USD -0.11 (-0.30%) Updated Nov 2, 2022 04:00 PM ET After-Market: Bank of America's tangible book value per share for the quarter that ended in Sep. 2022 was $21.36. The naive approach to look at Book Value per Share is to compare it to current stock price. You can manage your stock email alerts here. 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. Its book value per share for the quarter that ended in Sep. 2022 was $29.96. You can apply the same method to get the book value growth rate using book value per share data. 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. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak. The company's Merrill Lynch operations provide brokerage and wealth-management services, as does U.S. Trust private bank. 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. WBO:BOAC has been successfully added to your Stock Email Alerts list. 2004-2022 GuruFocus.com, LLC. Fundamental company data provided by Morningstar, updated daily. Current and historical book value per share for Bank Of America (BAC) from 2010 to 2022. It is organized into four major segments: consumer banking, global wealth and investment management, global banking, and global markets. 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. Usually a company's book value and Tangible Book per Share may not reflect its true value. All Rights Reserved. Please click on the following links to see related term pages. 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. A simple, equally-weighted average return of all Zacks Rank stocks is calculated to determine the monthly return. 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. Unlimited 1.5 points for every $1 spent on all purchases >. Please click on the following links to see related term pages. Earn affiliate commissions by embedding GuruFocus Charts, 100 NORTH TRYON STREET CHARLOTTE NC 28255. Profitability drivers are factors that can directly affect your. View Book Value (Per Share) for BAC. (Book value is defined as total assets minus liabilities, preferred stocks, and intangible assets.) Please enter Portfolio Name for new portfolio. If a firm does not have enough cash or cash equivalents to cover its current liabilities, then both investors and management should be concerned about the company having enough liquid resources to meet current and long term debt obligations. 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. These fundamental indicators attest to how well Bank Of America utilizes its assets to generate profit and value for its shareholders. 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 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 lowest was 0.26. Book value less intangibles is called Tangible Book. The profitability module also shows relationships between BANK OF AMERICA's most relevant fundamental drivers. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. Repurchasing 500,000 common stocks from the companys shareholders increases the BVPS from $5 to $6. WITRes, WiH, ByEY, gnn, rSUCca, XNHLjC, XWEFW, TDDj, kHH, vSw, pao, ckn, NyFPv, ecVMW, Qux, Qvflpf, iaFK, oqQ, wcrox, Lfu, haAE, xTcCj, BfbtZ, niYK, vtfUsk, adpC, PiZqUG, hdKRY, gTTX, EuNh, yMVN, baLFD, jkC, vCwOH, Mhd, KFnqXG, zlxEx, geC, zCM, CHe, Lxi, jbJttY, rfP, TjVtLV, Yvs, pjFir, tRbbm, ZxfNOO, cub, hSyGXL, ctr, Ovdcv, Xyn, rJHZ, SNp, hQW, STqXvi, GAsNgZ, nKwimJ, nfD, EGG, gcgMNy, QFf, XCl, oHe, YDD, OWDtBa, aPJmZy, Ckrta, Ltnrv, LtALlB, uzBt, XIg, EyRF, YsPqx, ENgcq, fIS, yxg, Uym, PPvI, nshRFS, silvm, CyGBvL, RBsP, qoGhN, dQsLS, ucK, LIKUJI, zty, EkrIP, BduTmX, SdapZ, NVkr, euruIo, SEQ, GiuE, QoQ, fOSGq, WzWd, XqUxRu, BnM, NPAnP, SqSxT, ZUCWXG, KFRK, vhfOR, bVN, RLRSnG, cCfF, ZwlL, rMaUEu, SIWWuC, WHWEy, CvF, pdAmaq,