Bank of America Corp 6.45 % Notes 2018-15.12.66 Income Capital Obligations (MER-PK)
Full history for every metric is available with a Kvantra account
Bank of America Corp 6.45 % Notes 2018-15.12.66 Income Capital Obligations (MER-PK)
No price history available.
Key financial summary
Financials in USD| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM | 2026E | ||
|---|---|---|---|---|---|---|---|---|---|
| Total net revenue | $bn | - | - | - | - | - | -25 | -13 | - |
| Operating profit | $bn | 6 | 5 | ||||||
| Net profit | $bn | - | - | - | - | - | 31 | 26 | - |
| EPS reported | $ | 3.97 | 3.51 | ||||||
| Operating cashflow per share | $ | 1.68 | 20.87 | ||||||
| Capex per share | $ | 0.00 | 0.00 | ||||||
| FCF per share | $ | 1.68 | 20.87 | ||||||
| Free cash flow | $bn | 13 | 159 | ||||||
| Net debt | $bn | 26 | 371 | ||||||
| Book value equity | $bn | 303 | 301 | ||||||
| Book value per share | $ | 39.48 | 40.93 | ||||||
| Number of shares | m | 7,680.9 | 7,356.2 | ||||||
| DPS (TTM paid) | $ | 1.25 | 1.36 |
Financial summary
Financials in USD| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM | 2026E | ||
|---|---|---|---|---|---|---|---|---|---|
| Value | |||||||||
| P/E TTM | x | 6.43 | - | ||||||
| P/B LTM | x | 0.63 | 0.64 | ||||||
| P/S LTM | x | -7.54 | -14.34 | ||||||
| P/FCF LTM | x | 15.23 | 1.20 | ||||||
| EV/EBITDA LTM | x | 94.37 | 56.81 | ||||||
| EV/Sales LTM | x | 4.12 | 10.40 | ||||||
| Earnings Yield LTM | % | +15.55% | +18.38% | ||||||
| FCF Yield | % | +6.57% | +83.04% | ||||||
| Quality | |||||||||
| ROE | % | +10.06% | +11.01% | ||||||
| ROIC | % | +4.31% | +4.26% | ||||||
| Operating margin | % | +11.08% | +10.26% | ||||||
| Gross margin | % | +20.10% | +18.87% | ||||||
| FCF/Sales | % | +23.80% | +278.48% | ||||||
| Growth and momentum | |||||||||
| EPS Growth YoY | % | - | - | ||||||
| Sales Growth YoY | % | - | - | ||||||
| Net Income Growth YoY | % | - | - | ||||||
| FCF Growth | % | - | - | ||||||
| Operating Profit Growth | % | - | - | ||||||
| Dividend and capital structure | |||||||||
| Dividend Yield | % | +4.98% | 0.00% | ||||||
| Dividend Growth | % | - | - | ||||||
| Payout Ratio | % | +31.36% | +36.67% | ||||||
| FCF/Debt | x | 0.23 | 0.40 | ||||||
| Net Debt/EBITDA | x | 11.38 | 84.08 | ||||||
| EBIT/Net interest | x | 0.07 | 0.07 | ||||||
| Net debt/market cap | % | +28.61% | +2.10% | ||||||
| Net debt/Equity | x | 0.09 | 1.23 | ||||||
| Gross debt/equity | x | 0.18 | 1.33 | ||||||
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
Represents Income Capital Obligation Notes originally issued by Merrill Lynch & Co., Inc. and now an obligation of Bank of America Corporation following its acquisition of Merrill Lynch. In October 2018, the outstanding trust preferred securities of Merrill Lynch Capital Trust I were exchanged for these underlying notes. The notes pay interest at a fixed rate of 6.45% per annum and have a maturity date of December 15, 2066.
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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 Corp 6.45 % Notes 2018-15.12.66 Income Capital Obligations (MER-PK)
No price history available.
Not enough data to calculate KvantraRank
Consensus from external analysts. Not Kvantra's opinion.
Based on consensus from external analysts. Not Kvantra's opinion.
Represents Income Capital Obligation Notes originally issued by Merrill Lynch & Co., Inc. and now an obligation of Bank of America Corporation following its acquisition of Merrill Lynch. In October 2018, the outstanding trust preferred securities of Merrill Lynch Capital Trust I were exchanged for these underlying notes. The notes pay interest at a fixed rate of 6.45% per annum and have a maturity date of December 15, 2066.
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