Bank of America (MIL:1BAC) Buyback Yield % : 2.86 (As of Dec. 11, 2024)

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What is Bank of America Buyback Yield %?

Buyback yield is the net repurchase of shares outstanding over the market capital of the company. It is a measure of shareholder return.

Bank of America's current buyback yield was 2.86%.

Bank of America Buyback Yield % Historical Data

The historical data trend for Bank of America's Buyback Yield % 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.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Bank of America Buyback Yield % Chart

Bank of America Annual Data

Trend

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Dec23

Buyback Yield %

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1.75

Bank of America Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Buyback Yield %	Get a 7-Day Free Trial															-	1.24	3.35	4.55	4.66

Competitive Comparison of Bank of America's Buyback Yield %

For the Banks - Diversified subindustry, Bank of America's Buyback Yield %, along with its competitors' market caps and Buyback Yield % 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. Note that "N/A" values will not show up in the chart.

Bank of America's Buyback Yield % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Bank of America's Buyback Yield % distribution charts can be found below:

* The bar in red indicates where Bank of America's Buyback Yield % falls into.

Bank of America Buyback Yield % Calculation

Buyback yield is a measure of shareholder return.

Bank of America's Buyback Yield for the fiscal year that ended in Dec. 2023 is calculated as

Buyback Yield	=	Net Issuance of Stock			/	Market Cap
	=	- (Repurchase of Stock	+	Issuance of Stock)	/	Market Cap
	=	- (-4196.192	+	0)	/	240179.8932
	=	1.75%

Bank of America's annualized Buyback Yield for the quarter that ended in Sep. 2024 is calculated as

Buyback Yield	=	Net Issuance of Stock		(Annualized)			/	Market Cap
	=	- (Repurchase of Stock	+	Issuance of Stock)	*	Annualized Factor	/	Market Cap
	=	- (-3184.134	+	0)	*	4	/	273489.5489
	=	4.66%

In calculating the annualized quarterly data, the Repurchase of Stock and Issuance of Stock data used here is four times the quarterly (Sep. 2024) data.

Bank of America Buyback Yield % Related Terms

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Bank of America Business Description

Industry

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Address

100 North Tryon Street, Bank of America Corporate Center, Charlotte, NC, USA, 28255

Website

https://www.bankofamerica.com

Bank of America is one of the largest financial institutions in the United States, with more than $3.0 trillion in assets. It is organized into four major segments: consumer banking, global wealth and investment management, global banking, and global markets. Bank of America's consumer-facing lines of business include its network of branches and deposit-gathering operations, retail lending products, credit and debit cards, and small-business services. The company's Merrill Lynch operations provide brokerage and wealth-management services, as does its private bank. Wholesale lines of business include investment banking, corporate and commercial real estate lending, and capital markets operations. Bank of America has operations in several countries but is primarily US-focused.

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