Bank of America Corporation

BAC-PK NYSE Categories PDF
Financial Services · Banks - Diversified
Charlotte, NC 28255, United States IPO 2018 bankofamerica.com Updated Jul 9, 3:00am
Price
$24.27
Market Cap
$343.5B
Employees
213,000
Beta
1.18
Avg Volume
50,262
CEO
Brian Thomas Moynihan

Bank of America Corporation operates as a global financial institution, delivering a wide array of banking and financial solutions through its various subsidiaries. Its extensive clientele includes individual consumers, small and mid-sized businesses, institutional investors, large corporations, and governmental entities across the world. The Consumer Banking division caters to individuals with a comprehensive suite of personal financial products. These encompass various savings options (traditional, money market), certificates of deposit (CDs), and IRAs, alongside both interest-bearing and non-interest-bearing checking accounts. It also facilitates investment accounts, provides credit and debit cards, and offers a range of lending solutions such as residential mortgages, home equity lines, and direct or indirect consumer loans for purposes like auto or recreational vehicle purchases. Within its Global Wealth & Investment Management segment, the bank delivers specialized services focused on wealth accumulation and preservation. This includes investment management, brokerage services, private banking, and trust and retirement planning. They also provide tailored wealth management strategies and specialized asset management offerings. The Global Banking segment extends a variety of lending products, such as commercial loans, leasing arrangements, commitment facilities, trade finance, and both commercial real estate and asset-backed lending. It also offers sophisticated treasury solutions, encompassing cash management, foreign exchange services, short-term investment vehicles, and merchant services. Furthermore, this segment assists clients with working capital management, engages in debt and equity underwriting and distribution, and provides advisory services for mergers, acquisitions, and other strategic transactions. Bank of America's Global Markets segment facilitates financial transactions through market-making activities, provides financing, and offers crucial securities clearing, settlement, and custody services. It also develops and implements risk management products, leveraging a wide array of financial instruments including interest rate, equity, credit, currency, and commodity derivatives, as well as foreign exchange, fixed-income, and mortgage-backed products. As of December 31, 2021, the corporation boasted an extensive client base, serving around 67 million consumer and small business customers. This reach is supported by approximately 4,200 retail financial centers and an expansive network of 16,000 ATMs. Furthermore, its digital banking platforms were actively utilized by roughly 41 million users. Tracing its origins back to 1784, Bank of America maintains its headquarters in Charlotte, North Carolina.

Runs with full report
Price Overview
Last updated: Jul 9, 2026 5:48am (just now)
Current data · timestamped when a report runs
$24.27
Change · Jul 9
+0.02 (+0.08%)
Day Range
$24.06 – $24.27
52-Week Range
$24.06 – $25.38
50-Day MA
$24.60
200-Day MA
$24.81
Volume
77,157.00
Share Structure
Outstanding 14,154,700,698.00
Float 14,127,962,468.00
Free Float 99.8%
High free float — 99.8% of shares trade freely, ~0.2% held by insiders/institutions
Very liquid — most shares trade freely. Low insider ownership can mean less management alignment, but makes large position sizing straightforward.
Price History (1 Year)
Last updated: Jul 9, 2026 5:48am (just now)
Revenue & Net Income Trend
The directional story — useful even when net income is negative.
Last updated: Jul 9, 2026 5:48am (just now)
Revenue
The top line — total sales before any costs or taxes are subtracted. A measure of how much business the company is doing.
Net Income
The bottom line — profit left after subtracting all expenses, interest, and taxes from revenue. Reflects accounting profitability, but includes non-cash items like depreciation, so it isn't the same as cash earned.
Operating Cash Flow
The real cash generated by the day-to-day business — selling products, paying suppliers, collecting from customers. Calculated from net income by adding back non-cash items and adjusting for timing (unpaid bills, unsold inventory). When OCF consistently lags net income, the reported profit may not be converting to real money.
Period Revenue Net Income Net Margin YoY/QoQ
Key Metrics
API Direct from provider CALC Derived from statements
P/E Ratio (Price per dollar of earnings)
API
Stock Price / EPS (Diluted)
13.35
Stock Price: $24.27
EPS (Diluted): 3.88
P/B Ratio (Price vs net asset value)
API
Stock Price / Book Value Per Share
1.34
Stock Price: $24.27
Total Equity: $303.24B
Shares: 7,546,900,000
EV/EBITDA (Total value vs operating profit)
API
Enterprise Value / EBITDA
13.10
Market Cap: $343.53B
Total Debt: $365.90B
Cash: $231.85B
EBITDA: $40.01B
Enterprise Value (Takeover price (cap + debt - cash))
API
Market Cap + Total Debt - Cash
$539.1B
Market Cap: $343.53B
Total Debt: $365.90B
Cash: $231.85B
Gross Margin (Revenue left after direct costs)
API
Gross Profit / Revenue
56.1%
Gross Profit: $107.42B
Revenue: $191.57B
Operating Margin (Revenue left after all operations)
API
Operating Income / Revenue
19.7%
Operating Income: $37.70B
Revenue: $191.57B
Net Margin (Revenue left as actual profit)
API
Net Income / Revenue
15.9%
Net Income: $30.51B
Revenue: $191.57B
ROE (Profit from shareholder equity)
API
Net Income / Total Equity
10.5%
Net Income: $30.51B
Total Equity: $303.24B
ROIC (Profit from all invested capital)
API
NOPAT / Invested Capital
4.6%
Operating Income: $37.70B
Tax Rate: 19.1%
Equity: $303.24B
Total Debt: $365.90B
Cash: $231.85B
Current Ratio (Can it pay short-term bills)
API
Current Assets / Current Liabilities
0.42
Current Assets: $1,067.08B
Current Liabilities: $2,559.61B
Debt/Equity (Leverage — debt vs equity)
CALC
Total Debt / Total Equity
1.21
Short-Term Debt: $48.09B
Long-Term Debt: $317.82B
Total Debt: $365.90B
Total Equity: $303.24B
Rev/Share (Top-line per share)
CALC
Revenue / Shares Outstanding
$25.38
Revenue: $191.57B
Shares: 7,546,900,000
Book Value/Share (Net assets per share)
CALC
(Total Assets - Total Liabilities) / Shares
$40.18
Total Equity: $303.24B
Shares: 7,546,900,000
FCF/Share (Real cash generated per share)
CALC
(Operating Cash Flow + CapEx) / Shares
$1.67
Operating CF: $12.61B
CapEx: $0.00
Shares: 7,546,900,000
Div Yield (Annual income from holding)
API
Last Annual Dividend / Stock Price
2.4%
Last Dividend: N/A
Stock Price: $24.27
Payout Ratio (Earnings paid out as dividends)
Dividends Paid / Net Income
Dividends Paid: N/A
Net Income: $30.51B
Dividends paid not available in cash flow statement
Industry Benchmarks
Compares BAC-PK against LLM-researched typical ranges for its industry. One research call per industry, cached indefinitely — every stock in the same industry reuses the same baseline.
Deep Analysis

Pre-flight intelligence scans the company first, then routes to the right analytical methods.

0 Company Classification — What type of company is this?
1 Industry Landscape — Where is the industry headed?
2 Company Momentum — Where is this company trending?
3 Forward Projection — 1Y & 2Y projected metrics (requires Layer 1 + 2)
4a DCF Valuation — Present value of future cash flows
4b Earnings Power Value — Floor value — worth with zero growth
4c Anchored PE — Industry PE adjusted for growth differential
4d Reverse DCF — What growth is the market pricing in?
4e Revenue-Based DCF — For growth/narrative companies (skip if mature earner)
4f Anchored P/S — Price-to-Sales peer comparison (skip if mature earner)
4g Scenario Analysis — Bull / Base / Bear (skip if mature earner)
4h Dividend Discount Model — For dividend/income stocks only
4i Book Value Analysis — For deep value / turnaround stocks only
4j Insider Activity — Are insiders buying or selling?
4f Cash Flow Quality — How trustworthy is the FCF?
4g Debt Maturity Risk — Can it handle its debt?
4h Macro Environment — Rates, market valuation, volatility
4i Sector Intelligence — How does this company compare within its sector?
4j Revenue Confidence — How reliable is the growth projection?
4k Sensitivity Analysis — How fragile is the fair value estimate?
4l Sector Demand Cycle — Is the sector in a boom, steady state, or contraction?
5 AI Investigation — Adaptive research engine (Claude)
5b Thesis Evaluation — What does the market believe? (narrative/platform stocks only)
6 Valuation Synthesis — Weighted verdict from all methods (requires Layer 4)
Income Statement (Annual)
Last updated: Jul 9, 2026 5:48am (just now)
Metric 2021 2022 2023 2024 2025
Revenue $93.9B $115.1B $171.9B $192.4B $191.6B
Cost of Revenue $144.0M $22.6B $77.7B $96.4B $84.1B
Gross Profit $93.7B $92.4B $94.2B $96.1B $107.4B
Operating Expenses $59.7B $61.4B $65.8B $66.8B $69.7B
Operating Income $34.0B $31.0B $28.3B $29.3B $37.7B
Net Income $32.0B $27.5B $26.5B $27.1B $30.5B
EBITDA $35.9B $32.9B $30.4B $31.4B $40.0B
EPS $3.60 $3.21 $3.10 $3.25 $3.88
EPS (Diluted)
Balance Sheet (Annual)
Last updated: Jul 9, 2026 5:48am (just now)
Metric 2021 2022 2023 2024 2025
Cash & Equivalents $355.4B $237.5B $341.4B $296.5B $231.8B
Total Current Assets $741.6B $539.4B $704.8B $740.8B $1.1T
Total Assets $3.2T $3.1T $3.2T $3.3T $3.4T
Current Liabilities $2.6T $2.5T $2.3T $2.4T $2.6T
Long-Term Debt $280.1B $276.0B $302.2B $283.3B $317.8B
Total Liabilities $2.9T $2.8T $2.9T $3.0T $3.1T
Total Equity $270.1B $273.2B $291.6B $295.6B $303.2B
Retained Earnings $188.1B $207.0B $224.7B $242.3B $261.7B
Cash Flow (Annual)
Last updated: Jul 9, 2026 5:48am (just now)
Metric 2021 2022 2023 2024 2025
Operating Cash Flow -$7.2B -$6.3B $45.0B -$8.8B $12.6B
Capital Expenditure $0 $0 $0 $0 $0
Free Cash Flow -$7.2B -$6.3B $45.0B -$8.8B $12.6B
Acquisitions (net) $0 $0 $0 $0 $0
Debt Repayment
Dividends Paid
Stock Buybacks -$25.1B -$5.1B -$4.6B -$13.1B -$24.1B
Net Change in Cash -$32.2B -$118.0B $102.9B -$43.0B -$58.3B
Analyst Estimates (Annual)
Last updated: Jul 9, 2026 5:48am (just now)
Metric 2026 2027 2028 2029
Revenue $122.1B
$120.7B – $124.5B
$128.3B
$126.8B – $130.6B
$134.2B
$132.7B – $136.8B
$133.4B
$131.8B – $135.9B
EBITDA $29.7B
$29.4B – $30.3B
$31.3B
$30.9B – $31.8B
$32.7B
$32.3B – $33.3B
$32.5B
$32.1B – $33.1B
Net Income $34.6B
$34.1B – $35.4B
$39.3B
$38.7B – $40.3B
$44.9B
$44.2B – $46.0B
$52.4B
$51.6B – $53.7B
EPS
Growth Trends (YoY %)
Last updated: Jul 9, 2026 5:48am (just now)
Metric 2022 2023 2024 2025
Revenue Growth +22.6% +49.4% +11.9% -0.5%
Gross Profit Growth -1.4% +1.9% +2.0% +11.8%
Operating Income Growth -8.9% -8.5% +3.2% +28.9%
Net Income Growth -13.9% -3.7% +2.3% +12.4%
EBITDA Growth -8.2% -7.7% +3.4% +27.2%
Dividend History (Last 20)
Last updated: Jul 9, 2026 5:48am (just now)
Date Dividend Declaration Record Payment
2026-07-01 $0.37 2026-07-01 2026-07-24
2026-04-01 $0.37 2026-04-01 2026-04-24
2025-12-31 $0.37 2026-01-01 2026-01-26
2025-10-01 $0.37 2025-10-01 2025-10-24
2025-07-01 $0.37 2025-07-01 2025-07-24
2025-04-01 $0.37 2025-04-01 2025-04-24
2024-12-31 $0.37 2025-01-01 2025-01-24
2024-10-01 $0.37 2024-10-01 2024-10-24
2024-07-01 $0.37 2024-07-01 2024-07-24
2024-03-28 $0.37
2023-12-28 $0.37
2023-09-28 $0.37
2023-06-29 $0.37 2023-07-24
2023-03-30 $0.37 2023-04-24
2022-12-29 $0.37 2023-01-24
2022-09-29 $0.37
2022-06-30 $0.37 2022-07-01 2022-07-25
2022-03-31 $0.37 2022-04-01 2022-04-25
2021-12-30 $0.37 2022-01-01 2022-01-24
2021-09-30 $0.37
Insider Trading (Recent)
Type codes PPurchase SSale AAward / grant MOption exercise FIn-kind (tax) CConversion GGift DReturn to issuer
All SEC Form 4 codes
Open market
P Purchase
Open-market or private purchase of shares.
S Sale
Open-market or private sale of shares.
Compensation (Rule 16b-3)
A Award / grant
Grant or award of securities (RSUs, options, etc.) under Rule 16b-3.
D Return to issuer
Securities disposed back to the company under Rule 16b-3.
F In-kind (tax)
Shares withheld or delivered to pay the option-exercise price or tax — not an open-market sale.
I Discretionary
Discretionary transaction under an employee plan — Rule 16b-3(f).
M Option exercise
Exercise or conversion of a derivative (option/RSU) into shares — exempt.
Derivatives
C Conversion
Conversion of a derivative security into the underlying shares.
E Short expiration
Expiration of a short derivative position.
H Long expiration
Expiration or cancellation of a long derivative position with value received.
O OTM exercise
Exercise of an out-of-the-money derivative.
X ITM exercise
Exercise of an in-the-money or at-the-money derivative.
Other exempt
G Gift
Bona fide gift of securities.
L Small acquisition
Small acquisition under Rule 16a-6.
W Inheritance
Acquisition or disposition by will or the laws of descent.
Z Voting trust
Deposit into or withdrawal from a voting trust.
Other
J Other
Other acquisition or disposition (explained in a Form 4 footnote).
K Equity swap
Transaction in an equity swap or similar instrument.
U Tender / buyout
Disposition via tender of shares in a change-of-control transaction.

Compensation-plan codes (A, D, F, M) are routine and rarely directional. Open-market P (buy) and S (sale) carry the most signal.

Date Insider Type Shares Price Value
2026-06-15 MOYNIHAN BRIAN T M-Exempt 18,083.00 $0.00 $0
2026-06-15 MOYNIHAN BRIAN T D-Return 18,083.00 $55.87 $1.0M
2026-06-15 MOYNIHAN BRIAN T M-Exempt 18,083.00 $0.00 $0
2026-05-15 MOYNIHAN BRIAN T M-Exempt 18,083.00 $0.00 $0
2026-05-15 MOYNIHAN BRIAN T D-Return 18,083.00 $49.77 $899,991
2026-05-15 MOYNIHAN BRIAN T M-Exempt 18,083.00 $0.00 $0
2026-05-05 Greener Geoffrey S S-Sale 126,756.00 $53.01 $6.7M
2026-05-04 Zuber Maria T A-Award 5,365.00 $0.00 $0
2026-05-04 Woods Thomas D A-Award 5,365.00 $0.00 $0
2026-05-04 Woods Thomas D F-InKind 2,473.00 $52.19 $129,066
2026-05-04 WHITE MICHAEL D A-Award 5,365.01 $0.00 $0
2026-05-04 ROSE CLAYTON STUART A-Award 5,365.01 $0.00 $0
2026-05-04 Ramos Denise L A-Award 5,365.01 $0.00 $0
2026-05-04 NOWELL LIONEL L III A-Award 8,718.15 $0.00 $0
2026-05-04 Martinez Maria A-Award 5,365.00 $0.00 $0
2026-05-04 LOZANO MONICA C A-Award 5,365.01 $0.00 $0
2026-05-04 DONALD ARNOLD W A-Award 5,365.00 $0.00 $0
2026-05-04 ALMEIDA JOSE E A-Award 5,365.00 $0.00 $0
2026-05-04 Allen Sharon L. A-Award 5,365.01 $0.00 $0
2026-04-22 de Weck Pierre J.P. F-InKind 1,096.00 $53.12 $58,220
Narrative Economics
The story the market is telling about this stock — the intangible X-factor (founder mythology, cult dynamics, TAM-of-imagination) that moves price beyond what cash flows alone explain. After Shiller, Narrative Economics.
No narrative profile yet for BAC-PK — it's generated by the pipeline (market-narrative step).
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Data via Financial Modeling Prep · Cached for performance · fmp
v1.1.393 · 6a8d9cc1 · 2026-07-08 21:32:56