Full history for every metric is available with a Kvantra account
Key financial summary
Financials in USD| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM | 2026E | ||
|---|---|---|---|---|---|---|---|---|---|
| Total net revenue | $bn | 86 | 89 | 95 | 99 | 102 | 113 | 123 | - |
| Operating profit | $bn | 37.7 | 43.6 | ||||||
| Net profit | $bn | 17.9 | 32.0 | 27.5 | 26.5 | 27.1 | 30.5 | 32.1 | 32.5 |
| EPS reported | $ | 3.82 | 4.19 | ||||||
| Operating cashflow per share | $ | 1.71 | 5.78 | ||||||
| Capex per share | $ | 0.00 | 0.00 | ||||||
| FCF per share | $ | 1.71 | 5.78 | ||||||
| Free cash flow | $bn | 12.6 | 41.4 | ||||||
| Net debt | $bn | -598 | 354 | ||||||
| Book value equity | $bn | 303 | 297 | ||||||
| Book value per share | $ | 40.18 | 40.58 | ||||||
| Number of shares | m | 7,546.9 | 7,312.5 | ||||||
| DPS (TTM paid) | $ | 1.08 | 1.16 |
Financial summary
Financials in USD| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM | 2026E | ||
|---|---|---|---|---|---|---|---|---|---|
| Value | |||||||||
| P/E TTM | x | 14.40 | 12.10 | ||||||
| P/B LTM | x | 1.34 | 1.18 | ||||||
| P/S LTM | x | 3.58 | 2.84 | ||||||
| P/FCF LTM | x | 32.12 | 8.45 | ||||||
| EV/EBITDA LTM | x | 13.48 | 15.49 | ||||||
| EV/Sales LTM | x | 2.81 | 5.72 | ||||||
| Earnings Yield LTM | % | 6.94% | 8.26% | ||||||
| FCF Yield | % | 3.11% | 11.83% | ||||||
| Quality | |||||||||
| ROE | % | 10.06% | 10.69% | ||||||
| ROIC | % | 3.39% | 29.41% | ||||||
| Operating margin | % | 19.68% | 22.40% | ||||||
| Gross margin | % | 56.08% | 60.43% | ||||||
| FCF/Sales | % | 6.58% | 21.24% | ||||||
| Growth and momentum | |||||||||
| EPS Growth YoY | % | +18.63% | +14.17% | ||||||
| Sales Growth YoY | % | +11.00% | +14.64% | ||||||
| Net Income Growth YoY | % | +12.45% | +8.34% | ||||||
| FCF Growth | % | - | -32.70% | ||||||
| Operating Profit Growth | % | +28.85% | +34.74% | ||||||
| Dividend and capital structure | |||||||||
| Dividend Yield | % | 2.36% | 2.29% | ||||||
| Dividend Growth | % | +8.00% | +9.43% | ||||||
| Payout Ratio | % | 33.17% | 23.62% | ||||||
| FCF/Debt | x | 0.03 | 0.11 | ||||||
| Net Debt/EBITDA | x | 3.35 | 7.79 | ||||||
| EBIT/Net interest | x | 0.48 | 0.61 | ||||||
| Net debt/market cap | % | -147.59% | 101.23% | ||||||
| Net debt/Equity | x | -1.97 | 1.19 | ||||||
| Gross debt/equity | x | 1.21 | 1.28 | ||||||
ETFs that hold Bank of America
| Fund | Ticker | Position# | Weight |
|---|---|---|---|
| Vanguard High Dividend Yield ETF | VYM | 10 | 1.50% |
| State Street Financial Select Sector SPDR ETF | XLF | 5 | 4.00% |
| iShares U.S. Equity Factor Rotation Active ETF | DYNF | 10 | 1.91% |
| Vanguard FTSE All-World High Dividend Yield UCITS ETF (USD) Distributing | VHYL.L | 9 | 0.82% |
| Vanguard Financials ETF | VFH | 5 | 4.19% |
| iShares MSCI USA Value Factor ETF | VLUE | 10 | 1.87% |
| JPMorgan Active Value ETF | JAVA | 6 | 1.97% |
| Invesco KBW Bank ETF | KBWB | 5 | 6.94% |
| Vanguard S&P 500 Value ETF | VOOV | 10 | 1.21% |
| Columbia Research Enhanced Core ETF | RECS | 7 | 1.65% |
Funds with Bank of America among their ten largest holdings, largest fund first.
Price target estimates
Based on consensus from external analysts. Not Kvantra's opinion.
Ratings
Based on consensus from external analysts. Not Kvantra's opinion.
ESG
| Metric | 2024 | 2025 | 2026 |
|---|---|---|---|
| ESG-score | |||
| Environmental score | |||
| Social score | |||
| Governance score | |||
| Risk rating |
Company overview
Operating globally through its various subsidiaries, Bank of America Corporation offers a comprehensive range of banking and financial products and services. Its extensive clientele includes individual consumers, small and mid-market businesses, institutional investors, large corporations, and government bodies worldwide. The Consumer Banking division provides diverse options such as traditional and money market savings accounts, certificates of deposit, individual retirement accounts (IRAs), and both interest-bearing and non-interest-bearing checking accounts, in addition to investment products. This segment also issues credit and debit cards, originates residential mortgages and home equity loans, and offers direct and indirect financing for needs like automotive purchases, recreational vehicles, and personal loans. Within its Global Wealth & Investment Management segment, the company delivers investment management, brokerage, banking, and trust and retirement solutions. It also crafts tailored wealth management strategies, including specialized asset management services. The Global Banking segment furnishes a broad spectrum of lending products, including commercial loans, leases, commitment facilities, trade finance, and both commercial real estate and asset-based lending. Furthermore, it provides treasury solutions such as cash management, foreign exchange, short-term investment options, and merchant services, alongside working capital management guidance. This segment also engages in debt and equity underwriting, distribution, and advisory services related to mergers and acquisitions. Through its Global Markets segment, Bank of America performs market-making activities, offers financing, and provides securities clearing, settlement, and custody services. It also devises risk management products employing interest rate, equity, credit, currency, and commodity derivatives, as well as foreign exchange, fixed-income, and mortgage-related instruments. As of December 31, 2021, the corporation served approximately 67 million consumer and small business clients. Its widespread infrastructure comprised around 4,200 retail financial centers and approximately 16,000 ATMs, supplemented by digital banking platforms utilized by roughly 41 million active users. Founded in 1784, Bank of America is headquartered in Charlotte, North Carolina.
Similar companies
For informational purposes only. Kvantra provides data and quantitative analysis, not investment advice. KvantraRank is a mechanical model output. Analyst price targets and ratings are sourced from third parties and are not Kvantra recommendations. Past performance does not guarantee future results; all investments carry risk.
Bank of America Corporation (BAC)
| Fund | Ticker | Position# | Weight |
|---|---|---|---|
| Vanguard High Dividend Yield ETF | VYM | 10 | 1.50% |
| State Street Financial Select Sector SPDR ETF | XLF | 5 | 4.00% |
| iShares U.S. Equity Factor Rotation Active ETF | DYNF | 10 | 1.91% |
| Vanguard FTSE All-World High Dividend Yield UCITS ETF (USD) Distributing | VHYL.L | 9 | 0.82% |
| Vanguard Financials ETF | VFH | 5 | 4.19% |
| iShares MSCI USA Value Factor ETF | VLUE | 10 | 1.87% |
| JPMorgan Active Value ETF | JAVA | 6 | 1.97% |
| Invesco KBW Bank ETF | KBWB | 5 | 6.94% |
| Vanguard S&P 500 Value ETF | VOOV | 10 | 1.21% |
| Columbia Research Enhanced Core ETF | RECS | 7 | 1.65% |
Funds with Bank of America among their ten largest holdings, largest fund first.
Consensus from external analysts. Not Kvantra's opinion.
Based on consensus from external analysts. Not Kvantra's opinion.
Operating globally through its various subsidiaries, Bank of America Corporation offers a comprehensive range of banking and financial products and services. Its extensive clientele includes individual consumers, small and mid-market businesses, institutional investors, large corporations, and government bodies worldwide. The Consumer Banking division provides diverse options such as traditional and money market savings accounts, certificates of deposit, individual retirement accounts (IRAs), and both interest-bearing and non-interest-bearing checking accounts, in addition to investment products. This segment also issues credit and debit cards, originates residential mortgages and home equity loans, and offers direct and indirect financing for needs like automotive purchases, recreational vehicles, and personal loans. Within its Global Wealth & Investment Management segment, the company delivers investment management, brokerage, banking, and trust and retirement solutions. It also crafts tailored wealth management strategies, including specialized asset management services. The Global Banking segment furnishes a broad spectrum of lending products, including commercial loans, leases, commitment facilities, trade finance, and both commercial real estate and asset-based lending. Furthermore, it provides treasury solutions such as cash management, foreign exchange, short-term investment options, and merchant services, alongside working capital management guidance. This segment also engages in debt and equity underwriting, distribution, and advisory services related to mergers and acquisitions. Through its Global Markets segment, Bank of America performs market-making activities, offers financing, and provides securities clearing, settlement, and custody services. It also devises risk management products employing interest rate, equity, credit, currency, and commodity derivatives, as well as foreign exchange, fixed-income, and mortgage-related instruments. As of December 31, 2021, the corporation served approximately 67 million consumer and small business clients. Its widespread infrastructure comprised around 4,200 retail financial centers and approximately 16,000 ATMs, supplemented by digital banking platforms utilized by roughly 41 million active users. Founded in 1784, Bank of America is headquartered in Charlotte, North Carolina.
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