Hide

FocusBar

Subscribe to Premium Member
Switch to:

GuruFocus Financial Strength Rank measures how strong a company’s financial situation is. It is based on these factors

1. The debt burden that the company has as measured by its Interest coverage (current year).
2. Debt to revenue ratio. The lower, the better
3. Altman Z-score.

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

Financial Strength : 5/10

vs
industry
vs
history
Cash to Debt 0.423
BAC's Cash to Debt is ranked lower than
57% of the 902 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 0.63 vs. BAC: 0.423 )
BAC' s 10-Year Cash to Debt Range
Min: 0.08   Max: 0.42
Current: 0.42

0.08
0.42
Equity to Asset 0.07
BAC's Equity to Asset is ranked lower than
76% of the 902 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 0.09 vs. BAC: 0.07 )
BAC' s 10-Year Equity to Asset Range
Min: 0.03   Max: 0.07
Current: 0.07

0.03
0.07
Interest Coverage No Debt
BAC's Interest Coverage is ranked lower than
64% of the 902 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 10000.00 vs. BAC: No Debt )
BAC' s 10-Year Interest Coverage Range
Min: No Debt   Max: No Debt
Current: No Debt

F-Score: 4
Z-Score: 0.2
GuruFocus Profitability Rank ranks how profitable a company is and how likely the company’s business will stay that way. It is based on these factors:

1. Operating Margin
2. Trend of the Operating Margin (5-year average). The company with an uptrend profit margin has a higher rank.
••3. Consistency of the profitability
4. Piotroski F-Score
5. Predictability Rank•

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Profitability Rank is not directly related to the Financial Strength Rank. But if a company is consistently profitable, its financial strength will be stronger.

Profitability & Growth : 4/10

vs
industry
vs
history
Operating margin (%) 3.70
BAC's Operating margin (%) is ranked lower than
78% of the 902 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 24.60 vs. BAC: 3.70 )
BAC' s 10-Year Operating margin (%) Range
Min: -1.2   Max: 44.1
Current: 3.7

-1.2
44.1
Net-margin (%) 5
BAC's Net-margin (%) is ranked lower than
83% of the 902 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 18.10 vs. BAC: 5 )
BAC' s 10-Year Net-margin (%) Range
Min: -2   Max: 29.1
Current: 5

-2
29.1
ROE (%) 1.8
BAC's ROE (%) is ranked lower than
73% of the 902 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 6.20 vs. BAC: 1.8 )
BAC' s 10-Year ROE (%) Range
Min: -1   Max: 22.5
Current: 1.8

-1
22.5
ROA (%) 0.2
BAC's ROA (%) is ranked lower than
77% of the 902 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 0.70 vs. BAC: 0.2 )
BAC' s 10-Year ROA (%) Range
Min: -0.1   Max: 1.5
Current: 0.2

-0.1
1.5
Revenue Growth (%) -16
BAC's Revenue Growth (%) is ranked lower than
92% of the 902 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 0.00 vs. BAC: -16 )
BAC' s 10-Year Revenue Growth (%) Range
Min: -16   Max: 6.4
Current: -16

-16
6.4
EBITDA Growth (%) -15.9
BAC's EBITDA Growth (%) is ranked lower than
93% of the 902 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 0.00 vs. BAC: -15.9 )
BAC' s 10-Year EBITDA Growth (%) Range
Min: -53   Max: 12.7
Current: -15.9

-53
12.7
» BAC's 10-Y Financials

Financials


Revenue & Net Income
Equity & Asset
Oprt. Cash Flow & Free Cash Flow

» Details

Guru Trades

Q2 2012

BAC Guru Trades in Q2 2012

John Burbank 14,742 sh (New)
Richard Perry 11,900,000 sh (New)
Jeremy Grantham 4,297,652 sh (+139.79%)
Steven Cohen 207,973 sh (+77.58%)
Ken Heebner 9,700,000 sh (+44.56%)
First Pacific Advisors 3,910,400 sh (+33.01%)
Steven Romick 3,745,000 sh (+27.38%)
Bill Nygren 14,500,000 sh (+23.93%)
Ken Fisher 27,762 sh (+14.47%)
Brian Rogers 27,200,986 sh (+10.12%)
Jeff Auxier 265,172 sh (+9.5%)
HOTCHKIS & WILEY 39,113,617 sh (+7.6%)
Chris Davis 4,663,401 sh (+5.03%)
Bill Frels 88,361 sh (+2.72%)
Donald Yacktman 5,676,000 sh (+1.45%)
Dodge & Cox 135,821,869 sh (+0.51%)
Murray Stahl 736,957 sh (+0.07%)
Ruane Cunniff 16,648 sh (unchged)
Chuck Akre 800,000 sh (unchged)
RS Investment Management 8,000 sh (unchged)
Mohnish Pabrai 7,502,000 sh (unchged)
Fairholme Fund 81,607,015 sh (unchged)
Jim Simons Sold Out
Leon Cooperman Sold Out
Diamond Hill Capital 47,751 sh (-0.43%)
Bruce Berkowitz 101,700,355 sh (-1.11%)
James Barrow 69,127,145 sh (-1.45%)
David Dreman 2,101,655 sh (-2.09%)
Irving Kahn 57,299 sh (-2.45%)
Mario Gabelli 246,598 sh (-4.71%)
Pioneer Investments 5,378,890 sh (-5.41%)
Richard Pzena 17,252,795 sh (-6.08%)
Charles Brandes 20,306,910 sh (-6.68%)
Tom Russo 2,500 sh (-16.67%)
David Tepper 3,857,008 sh (-48.27%)
Mark Hillman 296,185 sh (-50.37%)
Michael Price 142,027 sh (-55.9%)
John Keeley 141,358 sh (-57.34%)
Bruce Kovner 2,598,450 sh (-60.65%)
Louis Moore Bacon 700,000 sh (-86.67%)
» More
Q3 2012

BAC Guru Trades in Q3 2012

Ray Dalio 47,491 sh (New)
Arnold Schneider 10,000 sh (New)
Jim Simons 3,261,666 sh (New)
Bruce Kovner 6,045,000 sh (+132.64%)
Jeremy Grantham 6,240,066 sh (+45.2%)
Signature Select Canadian Fund 395,950 sh (+43.51%)
Ken Heebner 13,910,000 sh (+43.4%)
Richard Pzena 23,580,301 sh (+36.68%)
Bill Nygren 18,500,000 sh (+27.59%)
HOTCHKIS & WILEY 42,958,417 sh (+9.83%)
Irving Kahn 57,853 sh (+0.97%)
Bruce Berkowitz 102,215,255 sh (+0.51%)
First Pacific Advisors 3,918,300 sh (+0.2%)
Donald Yacktman 5,681,000 sh (+0.09%)
Michael Price 142,027 sh (unchged)
Murray Stahl 736,957 sh (unchged)
Yacktman Fund 5,000,000 sh (unchged)
Tom Russo 2,500 sh (unchged)
Louis Moore Bacon 6,050,000 sh (unchged)
Ruane Cunniff 16,648 sh (unchged)
Mohnish Pabrai 7,502,000 sh (unchged)
Chuck Akre 800,000 sh (unchged)
Steven Romick 3,745,000 sh (unchged)
RS Investment Management 8,000 sh (unchged)
Fairholme Fund 81,607,015 sh (unchged)
Louis Moore Bacon Sold Out
Charles Brandes Sold Out
John Burbank Sold Out
Diamond Hill Capital Sold Out
James Barrow 69,081,507 sh (-0.07%)
Jeff Auxier 263,618 sh (-0.59%)
John Keeley 140,500 sh (-0.61%)
Bill Frels 87,636 sh (-0.82%)
Ken Fisher 27,312 sh (-1.62%)
Dodge & Cox 133,119,849 sh (-1.99%)
Pioneer Investments 5,216,153 sh (-3.03%)
Brian Rogers 26,200,986 sh (-3.68%)
Mario Gabelli 189,798 sh (-23.03%)
Mark Hillman 224,052 sh (-24.35%)
David Tepper 2,757,008 sh (-28.52%)
David Dreman 1,429,705 sh (-31.97%)
Richard Perry 7,500,000 sh (-36.97%)
Chris Davis 1,210,186 sh (-74.05%)
Steven Cohen 53,412 sh (-74.32%)
» More
Q4 2012

BAC Guru Trades in Q4 2012

Mohnish Pabrai 7,502,000 sh (New)
Charles Brandes 15,466,125 sh (New)
Louis Moore Bacon 11,800,000 sh (New)
Arnold Schneider 1,726,358 sh (+17163.6%)
Tom Russo 50,500 sh (+1920%)
Steven Cohen 575,744 sh (+977.93%)
Ray Dalio 135,191 sh (+184.67%)
John Keeley 260,500 sh (+85.41%)
Bruce Kovner 8,522,191 sh (+40.98%)
Bill Nygren 19,600,000 sh (+5.95%)
Ken Fisher 28,847 sh (+5.62%)
Richard Pzena 24,746,804 sh (+4.95%)
First Pacific Advisors 3,985,000 sh (+1.7%)
Steven Romick 3,801,200 sh (+1.5%)
James Barrow 69,716,837 sh (+0.92%)
Donald Yacktman 5,700,000 sh (+0.33%)
Yacktman Fund 5,000,000 sh (unchged)
Ruane Cunniff 16,648 sh (unchged)
Michael Price 142,027 sh (unchged)
Jeremy Grantham 7,884,861 sh (unchged)
Brian Rogers 26,200,986 sh (unchged)
Chuck Akre 800,000 sh (unchged)
Fairholme Fund 81,607,015 sh (unchged)
Richard Perry Sold Out
Jim Simons Sold Out
RS Investment Management Sold Out
Murray Stahl 736,757 sh (-0.03%)
Jeff Auxier 262,064 sh (-0.59%)
Irving Kahn 57,187 sh (-1.15%)
Chris Davis 1,191,796 sh (-1.52%)
Bruce Berkowitz 100,506,715 sh (-1.67%)
Dodge & Cox 130,433,329 sh (-2.02%)
Bill Frels 83,136 sh (-5.13%)
Ken Heebner 13,100,000 sh (-5.82%)
HOTCHKIS & WILEY 40,404,716 sh (-5.94%)
David Tepper 2,483,008 sh (-9.94%)
Pioneer Investments 4,669,356 sh (-10.48%)
Mario Gabelli 162,491 sh (-14.39%)
Mark Hillman 170,606 sh (-23.85%)
David Dreman 339,796 sh (-76.23%)
» More
Q1 2013

BAC Guru Trades in Q1 2013

John Burbank 865,662 sh (New)
Richard Snow 601,230 sh (New)
Ken Fisher 1,426,927 sh (+4846.54%)
Ray Dalio 202,691 sh (+49.93%)
Arnold Schneider 2,256,750 sh (+30.72%)
Jeremy Grantham 9,353,861 sh (+18.63%)
Bill Nygren 22,000,000 sh (+12.24%)
Jeff Auxier 274,538 sh (+4.76%)
James Barrow 73,024,153 sh (+4.74%)
Mario Gabelli 169,491 sh (+4.31%)
Richard Pzena 25,155,584 sh (+1.65%)
Donald Yacktman 5,720,000 sh (+0.35%)
Bruce Berkowitz 100,589,215 sh (+0.08%)
Murray Stahl 737,159 sh (+0.05%)
Chuck Akre 800,000 sh (unchged)
Yacktman Fund 5,000,000 sh (unchged)
Steven Romick 3,801,200 sh (unchged)
Brian Rogers 26,200,986 sh (unchged)
First Pacific Advisors 3,985,000 sh (unchged)
Michael Price 142,027 sh (unchged)
Ruane Cunniff 16,648 sh (unchged)
Irving Kahn 57,187 sh (unchged)
David Tepper 2,483,008 sh (unchged)
Tom Russo 50,500 sh (unchged)
Mohnish Pabrai 7,502,000 sh (unchged)
Fairholme Fund 81,607,015 sh (unchged)
Ken Heebner Sold Out
HOTCHKIS & WILEY 40,151,468 sh (-0.63%)
Pioneer Investments 4,627,660 sh (-0.89%)
Chris Davis 1,171,796 sh (-1.68%)
Dodge & Cox 127,482,788 sh (-2.26%)
Bill Frels 81,225 sh (-2.3%)
Mark Hillman 156,438 sh (-8.3%)
Charles Brandes 14,006,289 sh (-9.44%)
Louis Moore Bacon 10,065,000 sh (-14.7%)
David Dreman 205,122 sh (-39.63%)
John Keeley 140,500 sh (-46.07%)
Steven Cohen 135,375 sh (-76.49%)
Bruce Kovner 600,000 sh (-92.96%)
» More
» Details

Insider Trades

Latest Guru Trades with BAC

GuruDate Trades Impact to Portfolio Price Range * (?) Current Price Change from Average Current Shares
John Burbank 2013-03-31 New Buy0.42%$11.03 - $12.78 $ 13.2112%865662
David Dreman 2013-03-31 Reduce -39.63%0.04%$11.03 - $12.78 $ 13.2112%205122
John Keeley 2013-03-31 Reduce -46.07%0.03%$11.03 - $12.78 $ 13.2112%140500
Ray Dalio 2013-03-31 Add 49.93%0.01%$11.03 - $12.78 $ 13.2112%202691
Richard Perry 2012-12-31 Sold Out 2.8%$8.93 - $11.54 $ 13.2134%0
Charles Brandes 2012-12-31 New Buy2.1%$8.93 - $11.54 $ 13.2134%15466125
David Dreman 2012-12-31 Reduce -76.23%0.24%$8.93 - $11.54 $ 13.2134%339796
John Keeley 2012-12-31 Add 85.41%0.03%$8.93 - $11.54 $ 13.2134%260500
Ray Dalio 2012-12-31 Add 184.67%0.01%$8.93 - $11.54 $ 13.2134%135191
Charles Brandes 2012-09-30 Sold Out 1.7%$7.02 - $9.54 $ 13.2165%0
Richard Perry 2012-09-30 Reduce -36.97%1.44%$7.02 - $9.54 $ 13.2165%7500000
David Dreman 2012-09-30 Reduce -31.97%0.13%$7.02 - $9.54 $ 13.2165%1429705
Ray Dalio 2012-09-30 New Buy0.01%$7.02 - $9.54 $ 13.2165%47491
John Burbank 2012-09-30 Sold Out 0.0041%$7.02 - $9.54 $ 13.2165%0
Mario Gabelli 2012-09-30 Reduce -23.03%$7.02 - $9.54 $ 13.2165%189798
Richard Perry 2012-06-30 New Buy3.9%$6.89 - $9.59 $ 13.2167%11900000
Leon Cooperman 2012-06-30 Sold Out 1.2%$6.89 - $9.59 $ 13.2167%0
Michael Price 2012-06-30 Reduce -55.9%0.25%$6.89 - $9.59 $ 13.2167%142027
John Keeley 2012-06-30 Reduce -57.34%0.04%$6.89 - $9.59 $ 13.2167%141358
John Burbank 2012-06-30 New Buy$6.89 - $9.59 $ 13.2167%14742
Premium More recent guru trades are included for Premium Members only!!

Preferred stocks of Bank of America Corporation

SymbolPriceYieldDescription
BMLPRQ11.258.46Bank of America Corp., 8.625% Dep Shares Noncumul Preferred Stock Series 8
BACRP78.000.00
BMLPRO11.256.15Bank of America Corp., 6.25% Non-Cumul Perp Preferred Stock, Series 7
BACPRJ78.007.14
BMLPRI11.256.29Bank of America Corporation,6.375% Non-Cumulative Preferred Stock, Series 3
BMLPRJ11.254.14Bank of America Corporation,Floating Rate Non-Cumulative Preferred Stock, Series 4
BACPRL78.005.75
BMLPRN11.256.57Bank of America Corp., 6.70% Non-Cumul Perp Preferred Stock, Series 6
BMLPRL11.254.21Bank of America Corporation,Floating Rate Non-Cumulative Preferred Stock, Series 5

Guru Investment Theses on Bank of America Corporation

Bruce Berkowitz Comments on Bank of America - Aug 03, 2012

From Bruce Berkowitz's second-quarter letter:

Bank of America (BAC) is the Fund's next largest financial holding (9% of the Fund) affected by the great housing price collapse. The company's reported book value is over $20 per share. We believe that America's bank is returning to its retail roots (think of Wells Fargo) with a $1 trillion deposit franchise and that bank profits will skyrocket as legacy real estate loans burn-off.
Check out Bruce Berkowitz latest stock trades

Top Ranked Articles about Bank of America Corporation

Buffett and Munger Annual Meeting 2013 Q&A (Complete) Warren Buffett - Buffett And Munger Annual Meeting 2013 Q&A (Complete)
These notes were taken live as GuruFocus covered the annual shareholder meeting of Berkshire Hathaway (BRK.A)(BRK.B) in Omaha on Saturday. Read more...
'Zenvestor' Bruce Berkowitz – Cycles of Fortune Bruce Berkowitz - 'Zenvestor' Bruce Berkowitz – Cycles Of Fortune
Eminently quotable and relativistic Guru Investor Bruce Berkowitz, founder and manager of the Fairholme Fund, radiates a zen-like understanding of human behavior and the market. His fund lost 32% in 2011, only to bounce back to the Himalayan-like heights of hedge fund performance charts in 2012. Thanks to his massive bets that financial giants American International Group Inc. (AIG), Bank of America (BAC) and Citigroup (C) would recover from the 2008 crisis, the Fairholme Fund is back at the very top of hedge funds once again. Devastated by the industry meltdown, his top financial picks are contrarian stocks, and great examples of how Berkowitz buys at a discount and holds for the long term. Read more...
John Paulson Adds New Sector Bets and Cuts Financials Again John Paulson - John Paulson Adds New Sector Bets And Cuts Financials Again
John Paulson’s investing philosophy is based on making sector bets according to his interpretation of the macroeconomic picture. The strategy paid off well when he made $3.7 billion in 2007 shorting the subprime mortgage market and another $5 billion in 2010 primarily by betting on gold. Times have been less spectacular since then, with his funds losing 36% in 2011 by being too early in financials and returning 1% in 2012. Read more...
Weekly Top Insider Buys: JPM, BAC
According to GuruFocus Insider Data, these are the largest insider buys during the past week: JPMorgan Chase & Co. (JPM) and Bank of America Corporation (BAC). Read more...
Why Warren Buffett Keeps Buying Wells Fargo Warren Buffett - Why Warren Buffett Keeps Buying Wells Fargo
First of all, Warren Buffett, chairman of Berkshire Hathaway (BRK.A)(BRK.B), is gleefully optimistic about America. “Tomorrow’s always uncertain,” he said this morning on CNBC. “But the future, the longer future, is always very certain. And that’s what you have to keep your eye on.” Read more...
Investing Guru of the Year 2012 Is Bruce Berkowitz Bruce Berkowitz - Investing Guru Of The Year 2012 Is Bruce Berkowitz
In a landslide vote by readers, Bruce Berkowitz, the leader of the Fairholme Fund, has been named GuruFocus’ Guru of the Year for 2012. Berkowitz received 46.7% of votes, followed by David Tepper who received 17.8% and Prem Watsa who received 15.1%. Read more...
Best Guru Contender, Bruce Berkowitz’s Most Attractive Stocks This Year Bruce Berkowitz - Best Guru Contender, Bruce Berkowitz’s Most Attractive Stocks This Year
Investor names have flooded the nominations for GuruFocus’ 2012 Guru of the Year. Big names like Tom Russo, David Tepper, Mohnish Pabrai and Donald Yacktman have all been the topic of discussions about who to award the infamous title to. Among the Guru names that have been passed around is none other than Fairholme Fund’s Bruce Berkowitz. Read more...
Merry Early Christmas to BAC and BAC Warrants Guru Holders as Prices Surge Bruce Berkowitz,Francis Chou - Merry Early Christmas To BAC And BAC Warrants Guru Holders As Prices Surge
Investors who invested in warrants of Bank of America (BAC) were rewarded recently: The price has soared 20.5% from low to high in less than a month, to trade for $4.58 on Friday. News that Citigroup (C) would lay off 11,000 employees, or roughly 4% of its workforce, pushed that bank’s stock up 6 percent, and affected other banks as well. Bank of America, up 91% year to date, rose about 8% since the layoff news was announced on Wednesday. Read more...
Weekly Top Insider Buys: C, BAC, UNH, GM, APA
According to GuruFocus Insider Data, these are the largest insider buys during the past week: Citigroup Inc. (C), Bank of America Corporation (BAC), UnitedHealth Group Inc. (UNH), General Motors Co. (GM) and Apache Corporation (APA). Read more...
How Can the Macro View Help Bottom-Up Value Investors? Howard Marks - How Can The Macro View Help Bottom-Up Value Investors?
Many value investors call themselves bottom-up investors. This means they don’t pay attention to macroeconomic conditions when making investment decisions. They argue that they cannot predict the macro picture, therefore they cannot rely on it. Read more...

Ratios

vs
industry
vs
history
P/E(ttm) 40.60
BAC's P/E(ttm) is ranked lower than
126263% of the 792 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 13.70 vs. BAC: 40.60 )
BAC' s 10-Year P/E(ttm) Range
Min: 4.13   Max: 48.59
Current: 40.6

4.13
48.59
P/B 0.60
BAC's P/B is ranked lower than
114025% of the 877 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 0.94 vs. BAC: 0.60 )
BAC' s 10-Year P/B Range
Min: 0.08   Max: 2.72
Current: 0.6

0.08
2.72
P/S 1.70
BAC's P/S is ranked lower than
111607% of the 896 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 2.48 vs. BAC: 1.70 )
BAC' s 10-Year P/S Range
Min: 0.18   Max: 3.64
Current: 1.7

0.18
3.64
PFCF 188.00
BAC's PFCF is ranked lower than
143885% of the 695 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 6.90 vs. BAC: 188.00 )
BAC' s 10-Year PFCF Range
Min: 0.29   Max: 2339
Current: 188

0.29
2339
EV-to-EBIT 83.3
BAC's EV-to-EBIT is ranked lower than
134228% of the 745 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 15.89 vs. BAC: 83.3 )
BAC' s 10-Year EV-to-EBIT Range
Min: 12.3   Max: 841.9
Current: 83.3

12.3
841.9
Shiller P/E 27.4
BAC's Shiller P/E is ranked lower than
100% of the Companies
in the Global Banks - Regional - US industry.

( Industry Median: vs. BAC: 27.4 )
BAC' s 10-Year Shiller P/E Range
Min: 0.9   Max: 27.98
Current: 27.4

0.9
27.98

Dividend & Buy Back

vs
industry
vs
history
Dividend Yield 0.30
BAC's Dividend Yield is ranked lower than
157233% of the 636 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 2.20 vs. BAC: 0.30 )
BAC' s 10-Year Dividend Yield Range
Min: 0.22   Max: 59.1
Current: 0.3

0.22
59.1
Dividend Payout 0.1235
BAC's Dividend Payout is ranked lower than
186220% of the 537 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 0.40 vs. BAC: 0.1235 )
BAC' s 10-Year Dividend Payout Range
Min: 0.05   Max: 2.58
Current: 0.12

0.05
2.58
Yield on cost (5-Year) 0.01
BAC's Yield on cost (5-Year) is ranked lower than
156494% of the 639 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 1.93 vs. BAC: 0.01 )
BAC' s 10-Year Yield on cost (5-Year) Range
Min: 0   Max: 1.05
Current: 0.01

0
1.05
Share Buyback Rate -8.8
BAC's Share Buyback Rate is ranked lower than
952380% of the 105 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 0.80 vs. BAC: -8.8 )
BAC' s 10-Year Share Buyback Rate Range
Min: 3.1   Max: -22.1
Current: -8.8

Valuation & Return

vs
industry
vs
history
Price/Net Current Asset Value 2.7
BAC's Price/Net Current Asset Value is ranked lower than
613496% of the 163 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 10.60 vs. BAC: 2.7 )
BAC' s 10-Year Price/Net Current Asset Value Range
Min: 1.1   Max: 52.5
Current: 2.7

1.1
52.5
Price/Tangible Book 0.9
BAC's Price/Tangible Book is ranked lower than
125313% of the 798 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 1.10 vs. BAC: 0.9 )
BAC' s 10-Year Price/Tangible Book Range
Min: 0.4   Max: 4.1
Current: 0.9

0.4
4.1
Price/DCF (Projected) 0.2
BAC's Price/DCF (Projected) is ranked lower than
198807% of the 503 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 0.60 vs. BAC: 0.2 )
BAC' s 10-Year Price/DCF (Projected) Range
Min: 0.1   Max: 3.2
Current: 0.2

0.1
3.2
Price/Median PS Value 0.6
BAC's Price/Median PS Value is ranked lower than
117096% of the 854 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 1.00 vs. BAC: 0.6 )
BAC' s 10-Year Price/Median PS Value Range
Min: 0.2   Max: 1.3
Current: 0.6

0.2
1.3
Price/Graham Number 1.2
BAC's Price/Graham Number is ranked lower than
131061% of the 763 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 0.80 vs. BAC: 1.2 )
BAC' s 10-Year Price/Graham Number Range
Min: 0.8   Max: 1.5
Current: 1.2

0.8
1.5
Earnings Yield (Greenblatt) 1.20
BAC's Earnings Yield (Greenblatt) is ranked lower than
134228% of the 745 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 6.50 vs. BAC: 1.20 )
BAC' s 10-Year Earnings Yield (Greenblatt) Range
Min: 0.1   Max: 8.1
Current: 1.2

0.1
8.1
Forward Rate of Return (Yacktman) 45.34
BAC's Forward Rate of Return (Yacktman) is ranked lower than
205339% of the 487 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 15.14 vs. BAC: 45.34 )
BAC' s 10-Year Forward Rate of Return (Yacktman) Range
Min: -28.4   Max: 102
Current: 45.34

-28.4
102

Business Description

Bank of America Corporation, through its banking and various non-banking subsidiaries throughout the United States and in selected international markets provides a diversified range of banking and non-banking financial services and products through six business segments: Deposits, Card Services, Consumer Real Estate Services, Global Commercial Banking, Global Banking & Markets, Global Wealth & Investment Management. Deposits includes a comprehensive range of products provided to consumers and small businesses, including traditional savings accounts, money market savings accounts, CDs and IRAs, and noninterest- and interestbearing checking accounts. Card Services provides a broad offering of products including co-branded and affinityproducts. Consumer Real Estate Services provides an extensive line of consumer real estate products and services including fixed and adjustable rate first-lien mortgage loans for home purchase and refinancing needs, home equity lines of credit and home equity loans to customers nationwide. Global Commercial Banking provides a wide range of lending-related products and services, integrated working capital management and treasury solutions to clients through its network of offices and client relationship teams along with various product partners. Global Banking & Markets provides financial products, advisory services, financing, securities clearing, settlement and custody services globally to its institutional investor clients in support of their investing and trading activities. Global Wealth & Investment Management provides comprehensive wealth management capabilities to a broad base of clients from the emerging affluent to the ultra high net worth. These services include investment and brokerage services, estate and financial planning, fiduciary portfolio management, cash and liability management and specialty asset management.
Company Website
SEC Reports
Industry: Banks - Regional - US
Compare:MTB, USB, PNC, PB, CFR
Traded in other countries:BAC.UK, 8648.Japan, BACRP.USA, NCB.Germany

Personalized Checklist








Within your circle of competence?
Macro economic environment favorable?
High quality business?
Enough margin of safety with stocks?
Gurus are buying?
Insiders are buying?
Management capable and shareholder friendly?
Catalyst for stock price to appreciate?
Your level of confidence with the research?

GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names
Free 7-day Trial