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Also traded in: Argentina, Brazil, Chile, Germany, Japan, Mexico, Peru, Romania, Switzerland, UK

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 0.68
BAC's Cash-to-Debt is ranked lower than
70% of the 1592 Companies
in the Global Banks - Global industry.

( Industry Median: 2.23 vs. BAC: 0.68 )
Ranked among companies with meaningful Cash-to-Debt only.
BAC' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.1  Med: 0.34 Max: 1.47
Current: 0.68
0.1
1.47
Equity-to-Asset 0.12
BAC's Equity-to-Asset is ranked higher than
70% of the 1591 Companies
in the Global Banks - Global industry.

( Industry Median: 0.10 vs. BAC: 0.12 )
Ranked among companies with meaningful Equity-to-Asset only.
BAC' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.06  Med: 0.08 Max: 0.12
Current: 0.12
0.06
0.12
Interest Coverage 2.56
BAC's Interest Coverage is ranked higher than
58% of the 1515 Companies
in the Global Banks - Global industry.

( Industry Median: 1.69 vs. BAC: 2.56 )
Ranked among companies with meaningful Interest Coverage only.
BAC' s Interest Coverage Range Over the Past 10 Years
Min: 0.11  Med: 0.57 Max: 2.56
Current: 2.56
0.11
2.56
Beneish M-Score: 0.04
WACC vs ROIC
7.14%
5.31%
WACC
ROIC
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 : 3/10

vs
industry
vs
history
Operating Margin % 30.68
BAC's Operating Margin % is ranked lower than
59% of the 1606 Companies
in the Global Banks - Global industry.

( Industry Median: 31.37 vs. BAC: 30.68 )
Ranked among companies with meaningful Operating Margin % only.
BAC' s Operating Margin % Range Over the Past 10 Years
Min: -1.2  Med: 7.68 Max: 31.31
Current: 30.68
-1.2
31.31
Net Margin % 22.24
BAC's Net Margin % is ranked lower than
59% of the 1605 Companies
in the Global Banks - Global industry.

( Industry Median: 22.70 vs. BAC: 22.24 )
Ranked among companies with meaningful Net Margin % only.
BAC' s Net Margin % Range Over the Past 10 Years
Min: -2.03  Med: 5.97 Max: 22.42
Current: 22.24
-2.03
22.42
ROE % 6.37
BAC's ROE % is ranked lower than
71% of the 1603 Companies
in the Global Banks - Global industry.

( Industry Median: 8.58 vs. BAC: 6.37 )
Ranked among companies with meaningful ROE % only.
BAC' s ROE % Range Over the Past 10 Years
Min: -1.56  Med: 1.73 Max: 10.42
Current: 6.37
-1.56
10.42
ROA % 0.85
BAC's ROA % is ranked lower than
59% of the 1612 Companies
in the Global Banks - Global industry.

( Industry Median: 0.90 vs. BAC: 0.85 )
Ranked among companies with meaningful ROA % only.
BAC' s ROA % Range Over the Past 10 Years
Min: -0.1  Med: 0.29 Max: 0.94
Current: 0.85
-0.1
0.94
3-Year Revenue Growth Rate -0.70
BAC's 3-Year Revenue Growth Rate is ranked lower than
73% of the 1354 Companies
in the Global Banks - Global industry.

( Industry Median: 4.20 vs. BAC: -0.70 )
Ranked among companies with meaningful 3-Year Revenue Growth Rate only.
BAC' s 3-Year Revenue Growth Rate Range Over the Past 10 Years
Min: -25.3  Med: 4.1 Max: 50.3
Current: -0.7
-25.3
50.3
3-Year EBITDA Growth Rate 14.80
BAC's 3-Year EBITDA Growth Rate is ranked higher than
73% of the 1256 Companies
in the Global Banks - Global industry.

( Industry Median: 6.40 vs. BAC: 14.80 )
Ranked among companies with meaningful 3-Year EBITDA Growth Rate only.
BAC' s 3-Year EBITDA Growth Rate Range Over the Past 10 Years
Min: -63.3  Med: 9.7 Max: 83.9
Current: 14.8
-63.3
83.9
3-Year EPS without NRI Growth Rate 18.60
BAC's 3-Year EPS without NRI Growth Rate is ranked higher than
76% of the 1226 Companies
in the Global Banks - Global industry.

( Industry Median: 7.40 vs. BAC: 18.60 )
Ranked among companies with meaningful 3-Year EPS without NRI Growth Rate only.
BAC' s 3-Year EPS without NRI Growth Rate Range Over the Past 10 Years
Min: -73.5  Med: 10.35 Max: 247.6
Current: 18.6
-73.5
247.6
GuruFocus has detected 4 Warning Signs with Bank of America Corporation $BAC.
More than 500,000 people have already joined GuruFocus to track the stocks they follow and exchange investment ideas.
» BAC's 30-Y Financials

Financials


Revenue & Net Income
Equity & Asset
Operating Cash Flow & Free Cash Flow
Operating Cash Flow & Net Income

» Details

Guru Trades

Q2 2016

BAC Guru Trades in Q2 2016

John Burbank 19,055 sh (New)
Louis Moore Bacon 5,000,000 sh (New)
George Soros 351,975 sh (New)
Charles de Vaulx 5,615,229 sh (+74.90%)
Bruce Berkowitz 12,973,003 sh (+51.35%)
Joel Greenblatt 35,228 sh (+36.18%)
First Pacific Advisors 32,793,600 sh (+24.26%)
Caxton Associates 500,000 sh (+9.73%)
Ken Heebner 8,560,000 sh (+6.20%)
Steven Romick 24,829,840 sh (+5.71%)
Diamond Hill Capital 14,741 sh (+4.82%)
Dodge & Cox 221,999,832 sh (+2.87%)
HOTCHKIS & WILEY 60,454,811 sh (+0.91%)
Jeff Auxier 367,469 sh (+0.82%)
Donald Smith 351,686 sh (+0.48%)
Ken Fisher 43,263,628 sh (+0.39%)
Yacktman Fund 2,500,000 sh (unchged)
First Pacific Advisors 37,600 sh (unchged)
Charlie Munger 2,300,000 sh (unchged)
Michael Price 100,000 sh (unchged)
Tom Russo 51,100 sh (unchged)
Glenn Greenberg 14,532 sh (unchged)
Mairs and Power 13,064 sh (unchged)
Louis Moore Bacon 150,000 sh (unchged)
Paul Tudor Jones 12,200 sh (unchged)
Paul Tudor Jones 136,700 sh (unchged)
Ruane Cunniff Sold Out
Chris Davis Sold Out
Jeremy Grantham Sold Out
David Tepper Sold Out
Jana Partners Sold Out
Steven Cohen Sold Out
Paul Tudor Jones Sold Out
Donald Yacktman 2,782,900 sh (-0.05%)
John Buckingham 264,135 sh (-0.12%)
Charles Brandes 9,031,466 sh (-0.54%)
Mario Gabelli 116,439 sh (-0.77%)
Richard Pzena 29,946,738 sh (-1.09%)
Barrow, Hanley, Mewhinney & Strauss 84,061,846 sh (-1.49%)
Murray Stahl 41,844 sh (-2.36%)
David Dreman 141,996 sh (-3.03%)
Bill Nygren 32,900,000 sh (-5.46%)
Pioneer Investments 3,162,937 sh (-6.82%)
Richard Snow 2,653,093 sh (-9.03%)
Manning & Napier Advisors, Inc 117,424 sh (-9.35%)
T Rowe Price Equity Income Fund 18,900,000 sh (-12.70%)
NWQ Managers 4,023,331 sh (-17.45%)
Kahn Brothers 30,500 sh (-21.68%)
» More
Q3 2016

BAC Guru Trades in Q3 2016

Jim Simons 7,677,366 sh (New)
Stanley Druckenmiller 1,579,700 sh (New)
Alan Fournier 3,513,600 sh (New)
Paul Tudor Jones 314,759 sh (New)
Steven Cohen 1,058,300 sh (New)
David Tepper 4,135,303 sh (New)
Andreas Halvorsen 25,110,973 sh (New)
Joel Greenblatt 56,195 sh (+59.52%)
David Dreman 163,916 sh (+15.44%)
Charles de Vaulx 6,048,784 sh (+7.72%)
NWQ Managers 4,266,098 sh (+6.03%)
Dodge & Cox 228,153,359 sh (+2.77%)
Donald Yacktman 2,800,000 sh (+0.61%)
First Pacific Advisors 32,943,120 sh (+0.46%)
Steven Romick 24,829,840 sh (unchged)
Yacktman Fund 2,500,000 sh (unchged)
Charlie Munger 2,300,000 sh (unchged)
Donald Smith 351,672 sh (unchged)
Ken Heebner 8,560,000 sh (unchged)
Glenn Greenberg 14,532 sh (unchged)
Mairs and Power 13,064 sh (unchged)
Ronald Muhlenkamp 30,000 sh (unchged)
First Pacific Advisors 37,600 sh (unchged)
Louis Moore Bacon 150,000 sh (unchged)
George Soros 1,372,500 sh (unchged)
Tom Russo 51,100 sh (unchged)
Michael Price 100,000 sh (unchged)
George Soros Sold Out
John Burbank Sold Out
Mario Gabelli 116,039 sh (-0.34%)
Richard Snow 2,630,000 sh (-0.87%)
Manning & Napier Advisors, Inc 116,284 sh (-0.97%)
John Buckingham 261,365 sh (-1.05%)
Charles Brandes 8,911,363 sh (-1.33%)
Jeff Auxier 361,565 sh (-1.61%)
Bill Nygren 32,300,000 sh (-1.82%)
Murray Stahl 39,857 sh (-4.75%)
Barrow, Hanley, Mewhinney & Strauss 79,609,333 sh (-5.30%)
Richard Pzena 28,110,981 sh (-6.13%)
HOTCHKIS & WILEY 55,714,856 sh (-7.84%)
Kahn Brothers 27,624 sh (-9.43%)
Ken Fisher 35,754,237 sh (-17.36%)
Diamond Hill Capital 10,690 sh (-27.48%)
Pioneer Investments 2,113,632 sh (-33.18%)
T Rowe Price Equity Income Fund 11,900,000 sh (-37.04%)
Caxton Associates 250,000 sh (-50.00%)
Bruce Berkowitz 1,713,203 sh (-86.79%)
Louis Moore Bacon 555,443 sh (-88.89%)
» More
Q4 2016

BAC Guru Trades in Q4 2016

Daniel Loeb 17,500,000 sh (New)
Ray Dalio 335,300 sh (New)
David Swensen 9,500 sh (New)
Julian Robertson 1,318,300 sh (New)
John Griffin 13,953,800 sh (New)
Sarah Ketterer 3,873,312 sh (New)
Eric Mindich 6,230,000 sh (New)
George Soros 179,000 sh (New)
Steve Mandel 21,671,362 sh (New)
Caxton Associates 700,000 sh (+180.00%)
Stanley Druckenmiller 2,562,400 sh (+62.21%)
Richard Snow 3,643,746 sh (+38.55%)
Steven Cohen 1,350,913 sh (+27.65%)
Paul Tudor Jones 367,056 sh (+16.61%)
Murray Stahl 43,967 sh (+10.31%)
Ken Fisher 36,169,952 sh (+1.16%)
Pioneer Investments 2,116,300 sh (+0.13%)
Kahn Brothers 27,624 sh (unchged)
Charlie Munger 2,300,000 sh (unchged)
Ronald Muhlenkamp 30,000 sh (unchged)
Mario Gabelli 116,039 sh (unchged)
Glenn Greenberg 14,532 sh (unchged)
First Pacific Advisors 37,600 sh (unchged)
Michael Price 100,000 sh (unchged)
Eric Mindich 4,000,000 sh (unchged)
Jim Simons Sold Out
David Tepper Sold Out
Bruce Berkowitz Sold Out
John Buckingham 261,283 sh (-0.03%)
Donald Smith 351,496 sh (-0.05%)
Jeff Auxier 359,715 sh (-0.51%)
Mairs and Power 12,942 sh (-0.93%)
Joel Greenblatt 55,625 sh (-1.01%)
Ken Heebner 8,410,000 sh (-1.75%)
Tom Russo 50,100 sh (-1.96%)
Manning & Napier Advisors, Inc 109,904 sh (-5.49%)
NWQ Managers 4,008,703 sh (-6.03%)
Charles Brandes 8,288,648 sh (-6.99%)
Alan Fournier 3,241,900 sh (-7.73%)
Diamond Hill Capital 9,633 sh (-9.89%)
Barrow, Hanley, Mewhinney & Strauss 71,688,311 sh (-9.95%)
David Dreman 141,385 sh (-13.75%)
Richard Pzena 23,479,533 sh (-16.48%)
First Pacific Advisors 27,239,510 sh (-17.31%)
Dodge & Cox 188,215,841 sh (-17.50%)
Steven Romick 20,202,520 sh (-18.64%)
T Rowe Price Equity Income Fund 9,650,000 sh (-18.91%)
Charles de Vaulx 4,778,479 sh (-21.00%)
Bill Nygren 21,300,000 sh (-34.06%)
HOTCHKIS & WILEY 35,085,882 sh (-37.03%)
Yacktman Fund 1,300,000 sh (-48.00%)
Donald Yacktman 1,450,000 sh (-48.21%)
Andreas Halvorsen 9,431,935 sh (-62.44%)
» More
Q1 2017

BAC Guru Trades in Q1 2017

PRIMECAP Management 1,012,200 sh (New)
David Tepper 8,782,641 sh (New)
Jeremy Grantham 12,000 sh (New)
Louis Moore Bacon 2,000,000 sh (+260.07%)
Sarah Ketterer 4,662,087 sh (+20.36%)
John Griffin 15,622,500 sh (+11.96%)
Diamond Hill Capital 10,171 sh (+5.58%)
Manning & Napier Advisors, Inc 110,970 sh (+0.97%)
Mario Gabelli 116,839 sh (+0.69%)
John Buckingham 262,571 sh (+0.49%)
Jeff Auxier 360,165 sh (+0.13%)
Murray Stahl 43,995 sh (+0.06%)
Ken Fisher 36,184,100 sh (+0.04%)
Donald Smith 351,562 sh (+0.02%)
Charlie Munger 2,300,000 sh (unchged)
Kahn Brothers 27,624 sh (unchged)
First Pacific Advisors 37,600 sh (unchged)
Mairs and Power 12,942 sh (unchged)
Glenn Greenberg 14,532 sh (unchged)
Louis Moore Bacon 2,600,000 sh (unchged)
Ronald Muhlenkamp 30,000 sh (unchged)
David Swensen Sold Out
Steve Mandel Sold Out
George Soros Sold Out
Dodge & Cox 185,448,539 sh (-1.47%)
Pioneer Investments 2,081,467 sh (-1.65%)
Tom Russo 48,500 sh (-3.19%)
Charles Brandes 7,974,892 sh (-3.79%)
Richard Snow 3,489,410 sh (-4.24%)
NWQ Managers 3,835,439 sh (-4.32%)
Steven Romick 18,801,990 sh (-6.93%)
First Pacific Advisors 25,112,040 sh (-7.81%)
Barrow, Hanley, Mewhinney & Strauss 65,412,883 sh (-8.75%)
Richard Pzena 21,393,274 sh (-8.89%)
Ken Heebner 7,510,000 sh (-10.70%)
HOTCHKIS & WILEY 29,893,935 sh (-14.80%)
Alan Fournier 2,690,500 sh (-17.01%)
Stanley Druckenmiller 2,110,300 sh (-17.64%)
Joel Greenblatt 45,704 sh (-17.84%)
Caxton Associates 575,000 sh (-17.86%)
David Dreman 110,876 sh (-21.58%)
Daniel Loeb 13,500,000 sh (-22.86%)
Yacktman Fund 1,000,000 sh (-23.08%)
Donald Yacktman 1,115,000 sh (-23.10%)
Steven Cohen 927,500 sh (-31.34%)
Julian Robertson 712,300 sh (-45.97%)
T Rowe Price Equity Income Fund 4,450,000 sh (-53.89%)
Paul Tudor Jones 158,159 sh (-56.91%)
Eric Mindich 2,191,000 sh (-64.83%)
Michael Price 25,000 sh (-75.00%)
Ray Dalio 42,308 sh (-87.38%)
Andreas Halvorsen 495,030 sh (-94.75%)
» More
» Details

Insider Trades

Latest Guru Trades with BAC

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Preferred stocks of Bank of America Corporation

SymbolPriceYieldDescription
BACPRL1239.004.407 1/4 % Non-Cum Perp Conv Pfd Shs Series -L-
BMLPRL23.124.37Deposit Shs Repr 1/1200th Pfd Shs Series -5-
BMLPRG21.832.57Deposit shs Repr 1/1200th Fltg Rate Non-Cum Pfd Shs Series -1-
BMLPRH21.752.59Deposit Shs Repr 1/1200th Fltg Rate Non Cum Pfd Shs Series -2-
BMLPRI25.906.16Deposit Shs Repr 1/1200th 6 3/8% Non Cum Pfd Shs Series -3-
BMLPRJ24.164.19Deposit Shs Repr 1/1200th Fltg Rate Non Cum Pfd Shs Series -4-
BACPRI25.996.37Deposit Shs Repr 1/1000th 6.625% Non-Cum Pfd Shs Series -I-
BACPRD25.935.99Deposit Shs Repr 1/1000 6.204 % Non Cum Pfd Shs Series -D-
BACPRE23.534.30Deposit Shs Repr 1/1000th Perp Pfd Shs Series -E-
BACRP80.000.007% Pfd Shs Series -B-
BACPRW27.104.59Deposit Shs Repr 1/1000th 6.625 % Non-Cum Pfd Shs Series -W-
BACPRY27.064.50Deposit Shs Repr 1/1000th 6 1/2 % Non-Cum Pfd Shs Series -Y-
BACPRC26.534.38Deposit Shs Repr 1/1000th Non-Cum Pfd Shs Series -CC-
BACPRA26.394.26Deposit Shs Repr 1/1,000th Non-Cum Pfd Shs Series -EE-

Business Description

Industry: Banks » Banks - Global    NAICS: 522110    SIC: 6021
Compare:OTCPK:IDCBY, OTCPK:CICHY, NYSE:WFC, NYSE:HSBC, NYSE:C, OTCPK:ACGBY, NYSE:JPM, OTCPK:BACHY, OTCPK:CMWAY, NYSE:RY, NYSE:SAN, NYSE:TD, NYSE:MTU, NYSE:WBK, OTCPK:ANZBY, NYSE:BNS, NYSE:ING, OTCPK:NABZY, NYSE:UBS, OTCPK:BCMXY » details
Traded in other countries:BA.C.Argentina, BOAC34.Brazil, BAC.Chile, NCB.Germany, 8648.Japan, BAC.Mexico, BAC.Peru, BAC.Romania, BAC.Switzerland, BAC.UK,
Headquarter Location:USA
Bank of America Corporation is a bank holding and a financial holding company. Through its subsidiaries, the Company provides banking and non-banking financial services and products throughout the United States and in selected international markets.

Bank of America is one of the largest financial institutions in the United States and the world, with lending operations in the consumer, small-business, and corporate markets in addition to asset management and investment banking divisions.

Guru Investment Theses on Bank of America Corporation

Herro and Nygren Comment on Bank of America - Jan 11, 2017

Bank of America (NYSE:BAC), one of the biggest U.S. banks, was the largest contributor to performance for the quarter, returning 42%. Bank of America’s share price reacted positively to third-quarter results that showed strong capital market performance and healthy loan and deposit growth. The election of Donald Trump further boosted Bank of America’s stock price amid investors’ expectations that a Trump administration would lead to less regulation. Additionally, the president-elect has promised to boost economic growth, which should allow for interest rates to return to more normalized levels and benefit companies in the financials sector. We believe an improving interest rate environment, along with additional expense reductions and continued share repurchases, will drive strong EPS growth over the next several years. At its current price, we believe Bank of America remains undervalued.



From David Herro (Trades, Portfolio) and Bill Nygren (Trades, Portfolio)'s Oakmark Global Select Fund fourth quarter 2016 commentary.

Check out Bill Nygren,David Herro latest stock trades

Dodge & Cox Comments on Bank of America - Aug 15, 2016

The largest bank in the United States by deposits, Bank of America (NYSE:BAC) has leading positions in the lines of business that comprise the majority of its revenues, including consumer banking and wealth management. Since the financial crisis, Bank of America has gained market share in its core businesses and navigated ever tougher regulatory requirements, while increasing capital and liquidity. As a part of its restructuring plan, management has simplified the business, reduced expenses, and implemented a more customer-focused strategy. Longer term, improved fundamentals and potential cyclical tailwinds (e.g., additional loan growth, higher rates, increased capital markets activity) could produce a significantly higher return on assets, as well as multiple expansion, dividend increases, and/or share repurchases.



Bank of America—trading at 0.8 times tangible book value and nine times forward earningsb—has one of the lowest valuations among its peers. While a prolonged low interest-rate environment would continue to pressure net interest margins and profitability, we believe the bank’s inexpensive valuation, strong business franchises, and capable management team make it a compelling investment opportunity. Hence, we added to the Fund’s position in Bank of America, which comprised 3.2% of the Fund on June 30.



From Dodge & Cox's second quarter 2016 shareholder letter.



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Bruce Berkowitz Comments on Bank of America - Aug 02, 2016

Improving operating efficiencies more than counter declining net interest margins. Bank of America (NYSE:BAC)’s return on tangible assets has hit our 10% goal. Yet, common share prices remain below tangible assets (on a per share basis). Recent regulatory approval for a 50% increase in dividends and another $5 billion of stock buybacks will improve capital allocation.




From Bruce Berkowitz (Trades, Portfolio)'s first-half 2016 letter to shareholders.

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Bruce Berkowitz Comments on Bank of America - May 20, 2016

Daniel Schmerin: During 2015, you reduced Bank of America (NYSE:BAC) common stock across portfolios. What changed? Do you fear another crisis brewing like 2008?

Bruce Berkowitz (Trades, Portfolio): Nothing has changed. Again, similar to AIG, in fact same story as AIG. We sold based on TBV. If anything has changed, today the financials are more akin to regulated utilities. All “too big to fail” institutions, except for Fannie Mae and Freddie Mac, have fortress-like balance sheets. And it’s harder now for banks to effectively generate a decent return on that fortress-like capital.

Daniel Schmerin: How would you assess Brian Moynihan’s leadership to date?

Bruce Berkowitz (Trades, Portfolio): Brian has done well with the hand he was dealt. It’s not easy to steer such a large organization, but he has been paddling fast. Personally, I think he should spin off Merrill Lynch and U.S. Trust. Those gems are certainly not utilities.

From Bruce Berkowitz (Trades, Portfolio)'s Feb. 23, 2016, Fairholme Fund (Trades, Portfolio) conference call.

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Bruce Berkowitz Comments on Bank of America - Feb 03, 2016

Bank of America (NYSE:BAC) warrants comprise 9.4% of Fund assets. The warrants offer attractive upside given that the company trades under tangible book value per share of $15.62. CEO Brian Moynihan recently noted that Bank of America’s 2015 results were the “company’s highest earnings in nearly a decade,” and much more improvement is possible. As the company reduces expenses and increases capital distributions, the double-ratchet feature of our warrants ensures that we are more than compensated for dividends paid to common equity shareholders.


From Bruce Berkowitz (Trades, Portfolio)'s 2015 Annual Letter for the Fairholme Allocation Fund.

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Top Ranked Articles about Bank of America Corporation

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T Rowe Price's 1st-Quarter Stock Sells Union Pacific, Analog Devices among firm's largest transactions
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Weekly Top Insider Buys Highlight for the Week of April 28 Largest Insider Buys were for General Electric Co, Bank of America Corporation, Charles Schwab Corp, and United Continental Holdings Inc.
The largest Insider Buys this week were for General Electric Co (NYSE:GE), Bank of America Corporation (NYSE:BAC), Charles Schwab Corp (NYSE:SCHW), and United Continental Holdings Inc (NYSE:UAL). Read more...
Daniel Loeb’s Value-Seeking Journey This guru investor has gone from being a brash activist to an observer of the really big picture
Over slightly more than two decades, Loeb’s Master Fund has returned average annual returns of 17.9%. Read more...
The Most Important Lessons Lesson 2: Building and widening your moat
In May of 2014, I wrote an article called "What Is Your Moat?" I ended with the following conclusion: Read more...
How Will Rate Hike Binge Affect Consumers and Lending Market? There are measures consumers can take to mitigate risk
At the March 14-15 policy meeting, Federal Reserve Chair Janet Yellen announced a hike in interest rates by 0.25 percentage points. The rate now stands at 0.75% after having hovered around zero for some seven years as the Fed struggled to encourage economic activity following the financial crisis. Read more...
First Pacific Sells Halliburton, AIG, Citigroup Firm's largest 4th-quarter sales
First Pacific Advisors (TradesPortfolio) is a Los Angeles-based institutional money management firm that employs a disciplined approach to value investing, prudently seeking superior long-term returns while maintaining a focus on capital preservation. During the fourth quarter, the firm sold shares in the following stocks: Read more...
David Tepper Takes Big Risks for Big Rewards What can we learn from looking into the life and work of the top scoring guru?
Andreas Halvorsen Sells Amazon, MasterCard in 4th Quarter The guru's largest transactions
Andreas Halvorsen (Trades, Portfolio) is a founding partner of Viking Global Investors LP and serves as its CIO. During the fourth quarter, he sold shares in the following stocks: Read more...
Daniel Loeb Buys JPMorgan, Time Warner, Bank of America Guru's largest 4th-quarter buys
Daniel Loeb (Trades, Portfolio) founded Third Point LLC in 1995 and leads the firm’s research activities, portfolio and risk management. During the fourth quarter of 2016, he bought shares in the following stocks: Read more...

Ratios

vs
industry
vs
history
PE Ratio 14.69
BAC's PE Ratio is ranked lower than
61% of the 1510 Companies
in the Global Banks - Global industry.

( Industry Median: 14.59 vs. BAC: 14.69 )
Ranked among companies with meaningful PE Ratio only.
BAC' s PE Ratio Range Over the Past 10 Years
Min: 4.13  Med: 15.61 Max: 48.59
Current: 14.69
4.13
48.59
Forward PE Ratio 12.97
BAC's Forward PE Ratio is ranked higher than
90% of the 839 Companies
in the Global Banks - Global industry.

( Industry Median: 13.93 vs. BAC: 12.97 )
Ranked among companies with meaningful Forward PE Ratio only.
N/A
PE Ratio without NRI 14.69
BAC's PE Ratio without NRI is ranked lower than
61% of the 1477 Companies
in the Global Banks - Global industry.

( Industry Median: 14.63 vs. BAC: 14.69 )
Ranked among companies with meaningful PE Ratio without NRI only.
BAC' s PE Ratio without NRI Range Over the Past 10 Years
Min: 4.13  Med: 15.61 Max: 48.59
Current: 14.69
4.13
48.59
PB Ratio 0.96
BAC's PB Ratio is ranked higher than
64% of the 1611 Companies
in the Global Banks - Global industry.

( Industry Median: 1.20 vs. BAC: 0.96 )
Ranked among companies with meaningful PB Ratio only.
BAC' s PB Ratio Range Over the Past 10 Years
Min: 0.12  Med: 0.72 Max: 1.86
Current: 0.96
0.12
1.86
PS Ratio 3.01
BAC's PS Ratio is ranked higher than
55% of the 1586 Companies
in the Global Banks - Global industry.

( Industry Median: 3.40 vs. BAC: 3.01 )
Ranked among companies with meaningful PS Ratio only.
BAC' s PS Ratio Range Over the Past 10 Years
Min: 0.18  Med: 1.89 Max: 3.62
Current: 3.01
0.18
3.62
EV-to-EBIT 13.23
BAC's EV-to-EBIT is ranked higher than
57% of the 1668 Companies
in the Global Banks - Global industry.

( Industry Median: 12.52 vs. BAC: 13.23 )
Ranked among companies with meaningful EV-to-EBIT only.
BAC' s EV-to-EBIT Range Over the Past 10 Years
Min: -1595  Med: 21.95 Max: 853.7
Current: 13.23
-1595
853.7
EV-to-EBITDA 12.21
BAC's EV-to-EBITDA is ranked higher than
56% of the 1685 Companies
in the Global Banks - Global industry.

( Industry Median: 11.29 vs. BAC: 12.21 )
Ranked among companies with meaningful EV-to-EBITDA only.
BAC' s EV-to-EBITDA Range Over the Past 10 Years
Min: -160.5  Med: 25.25 Max: 621.5
Current: 12.21
-160.5
621.5
PEG Ratio 0.31
BAC's PEG Ratio is ranked higher than
90% of the 811 Companies
in the Global Banks - Global industry.

( Industry Median: 1.43 vs. BAC: 0.31 )
Ranked among companies with meaningful PEG Ratio only.
BAC' s PEG Ratio Range Over the Past 10 Years
Min: 0.28  Med: 0.81 Max: 4.15
Current: 0.31
0.28
4.15
Shiller PE Ratio 30.82
BAC's Shiller PE Ratio is ranked lower than
72% of the 479 Companies
in the Global Banks - Global industry.

( Industry Median: 20.93 vs. BAC: 30.82 )
Ranked among companies with meaningful Shiller PE Ratio only.
BAC' s Shiller PE Ratio Range Over the Past 10 Years
Min: 0.96  Med: 8.42 Max: 33.92
Current: 30.82
0.96
33.92

Dividend & Buy Back

vs
industry
vs
history
Dividend Yield % 1.17
BAC's Dividend Yield % is ranked lower than
67% of the 2319 Companies
in the Global Banks - Global industry.

( Industry Median: 2.69 vs. BAC: 1.17 )
Ranked among companies with meaningful Dividend Yield % only.
BAC' s Dividend Yield % Range Over the Past 10 Years
Min: 0.22  Med: 1.03 Max: 59.1
Current: 1.17
0.22
59.1
Dividend Payout Ratio 0.17
BAC's Dividend Payout Ratio is ranked higher than
83% of the 1315 Companies
in the Global Banks - Global industry.

( Industry Median: 0.33 vs. BAC: 0.17 )
Ranked among companies with meaningful Dividend Payout Ratio only.
BAC' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.04  Med: 0.23 Max: 4.15
Current: 0.17
0.04
4.15
3-Year Dividend Growth Rate 84.20
BAC's 3-Year Dividend Growth Rate is ranked higher than
98% of the 768 Companies
in the Global Banks - Global industry.

( Industry Median: 7.20 vs. BAC: 84.20 )
Ranked among companies with meaningful 3-Year Dividend Growth Rate only.
BAC' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -74.5  Med: 13.1 Max: 84.2
Current: 84.2
-74.5
84.2
Forward Dividend Yield % 1.28
BAC's Forward Dividend Yield % is ranked lower than
67% of the 2248 Companies
in the Global Banks - Global industry.

( Industry Median: 2.73 vs. BAC: 1.28 )
Ranked among companies with meaningful Forward Dividend Yield % only.
N/A
5-Year Yield-on-Cost % 10.10
BAC's 5-Year Yield-on-Cost % is ranked higher than
96% of the 2649 Companies
in the Global Banks - Global industry.

( Industry Median: 3.31 vs. BAC: 10.10 )
Ranked among companies with meaningful 5-Year Yield-on-Cost % only.
BAC' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 1.9  Med: 8.89 Max: 510.25
Current: 10.1
1.9
510.25
3-Year Average Share Buyback Ratio 1.70
BAC's 3-Year Average Share Buyback Ratio is ranked higher than
90% of the 1042 Companies
in the Global Banks - Global industry.

( Industry Median: -1.80 vs. BAC: 1.70 )
Ranked among companies with meaningful 3-Year Average Share Buyback Ratio only.
BAC' s 3-Year Average Share Buyback Ratio Range Over the Past 10 Years
Min: -46.2  Med: -5.55 Max: 3.7
Current: 1.7
-46.2
3.7

Valuation & Return

vs
industry
vs
history
Price-to-Tangible-Book 1.38
BAC's Price-to-Tangible-Book is ranked lower than
57% of the 1576 Companies
in the Global Banks - Global industry.

( Industry Median: 1.27 vs. BAC: 1.38 )
Ranked among companies with meaningful Price-to-Tangible-Book only.
BAC' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.46  Med: 2.08 Max: 6.43
Current: 1.38
0.46
6.43
Price-to-Intrinsic-Value-Projected-FCF 0.47
BAC's Price-to-Intrinsic-Value-Projected-FCF is ranked higher than
79% of the 869 Companies
in the Global Banks - Global industry.

( Industry Median: 0.78 vs. BAC: 0.47 )
Ranked among companies with meaningful Price-to-Intrinsic-Value-Projected-FCF only.
BAC' s Price-to-Intrinsic-Value-Projected-FCF Range Over the Past 10 Years
Min: 0.09  Med: 0.81 Max: 3.87
Current: 0.47
0.09
3.87
Price-to-Median-PS-Value 1.60
BAC's Price-to-Median-PS-Value is ranked lower than
87% of the 1462 Companies
in the Global Banks - Global industry.

( Industry Median: 1.14 vs. BAC: 1.60 )
Ranked among companies with meaningful Price-to-Median-PS-Value only.
BAC' s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.2  Med: 1.18 Max: 2.22
Current: 1.6
0.2
2.22
Price-to-Peter-Lynch-Fair-Value 0.59
BAC's Price-to-Peter-Lynch-Fair-Value is ranked higher than
78% of the 426 Companies
in the Global Banks - Global industry.

( Industry Median: 1.17 vs. BAC: 0.59 )
Ranked among companies with meaningful Price-to-Peter-Lynch-Fair-Value only.
BAC' s Price-to-Peter-Lynch-Fair-Value Range Over the Past 10 Years
Min: 0.47  Med: 0.95 Max: 4.18
Current: 0.59
0.47
4.18
Price-to-Graham-Number 0.95
BAC's Price-to-Graham-Number is ranked lower than
52% of the 1364 Companies
in the Global Banks - Global industry.

( Industry Median: 0.96 vs. BAC: 0.95 )
Ranked among companies with meaningful Price-to-Graham-Number only.
BAC' s Price-to-Graham-Number Range Over the Past 10 Years
Min: 0.5  Med: 1.23 Max: 2.99
Current: 0.95
0.5
2.99
Earnings Yield (Greenblatt) % 7.57
BAC's Earnings Yield (Greenblatt) % is ranked higher than
67% of the 2207 Companies
in the Global Banks - Global industry.

( Industry Median: 5.95 vs. BAC: 7.57 )
Ranked among companies with meaningful Earnings Yield (Greenblatt) % only.
BAC' s Earnings Yield (Greenblatt) % Range Over the Past 10 Years
Min: 0.1  Med: 4 Max: 9.5
Current: 7.57
0.1
9.5
Forward Rate of Return (Yacktman) % 57.91
BAC's Forward Rate of Return (Yacktman) % is ranked higher than
94% of the 890 Companies
in the Global Banks - Global industry.

( Industry Median: 11.45 vs. BAC: 57.91 )
Ranked among companies with meaningful Forward Rate of Return (Yacktman) % only.
BAC' s Forward Rate of Return (Yacktman) % Range Over the Past 10 Years
Min: -15.1  Med: 13.5 Max: 115.4
Current: 57.91
-15.1
115.4

More Statistics

Revenue (TTM) (Mil) $84,271
EPS (TTM) $ 1.58
Beta1.60
Short Percentage of Float0.98%
52-Week Range $12.05 - 25.80
Shares Outstanding (Mil)9,974.19

Analyst Estimate

Dec17 Dec18 Dec19
Revenue (Mil $) 89,829 95,138 100,628
EPS ($) 1.78 2.13 2.57
EPS without NRI ($) 1.78 2.13 2.57
EPS Growth Rate
(Future 3Y To 5Y Estimate)
14.00%
Dividends per Share ($) 0.39 0.53 0.71
» More Articles for BAC

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