the bank is trading for 1.21 times book value with a PEG ratio of 0.67, half of its primary competitor . P/E ratio as of July 2022 (TTM): 10.1. Current Ratio Definition Current ratio is measured by current assets/current liabilities. Bank of America's quick ratio for fiscal years ending December 2017 to 2021 averaged 0.3x. The bank is current trading at half the market P/E at 9.23. . Citizens State Bank Norwood Young America: 1754: 73.8816%: JD Bank: 1755: 73.8739%: The First National Bank of Germantown: 1756: 73.8631% . Financial ratios and metrics for Bank of America Corporation (BAC). This figure is important because it measures the liquidity stand of a firm. The APR is the annual cost of a loan to a borrower. It divides the Forward Annualized Dividend by FY1 EPS. Bank of America Corporation (BAC) NYSE - Nasdaq Real Time Price. This too-big-to-fail money . Dividend s . The current ratio of a good bank should always be greater than 1. . Real estate news with posts on buying homes, celebrity real estate, unique houses, selling homes, and real estate advice from realtor.com. At the end of 2021 the company had a P/E ratio of 10.4 . Popular Screeners Screens. . Bank of America ($14.17) has a debt-to-equity ratio of 8.2, and the stock has been trading sideways or lower since setting a multiyear high at $15.03 back on July 23. How much a company is worth is typically represented by its market capitalization, or the current stock price multiplied by the number of shares outstanding. As of March 31, 2021, Bank of America's CET1 ratio was 11.8%, which equated to approximately $35 billion excess CET1 capital above the 9.5% CET1 requirement. Bank Of America net > worth as of June 30, 2022 is $256.69B. Biggest Companies Most Profitable Best Performing Worst Performing 52-Week Highs 52 . Bank of America 31.24 -0.32 -1.01% General Chart News & Analysis Financials Technical Forum Financial Summary Income Statement Balance Sheet Cash Flow Ratios Dividends Earnings BAC Ratios Advanced. Bank of America Announces Redemption of 2.816% Fixed/Floating Rate Senior Notes Due July 2023 Bank of America Corporation announced today that it will redeem on July 21, 2022 all $1,500,000,000. The Wall Street Journal. Bank Of America current ratio for the three months ending March 31, 2022 was <strong></strong>. An attractive current ratio shows that a company's balance sheet is healthy and has solvency. New York . What Is Bank Of America Rating? For example, a bank with $65 million in at risk loans and $72 million in cash on hand to cover those loans would have a Texas Ratio of $65mm / $72mm, which is 90.3%. Price to Sales . The Current Ratio indicates whether the bank has enough cash and cash-equivalents to cover its short-term liabilities. Get the latest Bank of America Corp (BAC) real-time quote, historical performance, charts, and other financial information to help you make more informed trading and investment decisions. Current Ratio Range, Past 5 Years Normally, the assumption is that the higher the ratio, the higher is the liquidity, and vice versa. Biggest Companies Most Profitable Best Performing Worst . The following section summarizes insights on Bank of America Corporation's Current Ratio: Dec 2012 Dec 2014 Dec 2016 Dec 2018 Dec 2020 0.0x . The tier 1 common capital ratio is a measure of a bank's core equity . 100 N Tryon St Bank Of America Corporate Center CHARLOTTE, NC 28255 United States Contact Information + 1 ( 704) 3868486 https://www.bankofamerica.com Industry Regional Banks Executive Leadership. 04/18/22. Valuation Ratios The trailing PE ratio is 9.21 and the forward PE ratio is 9.95. Industry. Nestlé S.A. (/ ˈ n ɛ s l eɪ,-l i,-əl /; French: ; German pronunciation: ()) is a Swiss multinational food and drink processing conglomerate corporation headquartered in Vevey, Vaud, Switzerland.It is the largest publicly held food company in the world, measured by revenue and other metrics, since 2014. At the end of 2021 the company had a P/E ratio of 12.4 . Bank of America is on sale. It ranked No. Stock Screener Stock Research Market Indexes Fwd Payout Ratio is used to examine if a company's earnings can support the current dividend payment amount. Bank of America's operated at median quick ratio of 0.3x from fiscal years ending December 2017 to 2021. Compare the current vs average peg ratio of Bank of America BAC and Industrial and Commercial Bank of China IDCBY. Executive Leadership. Unlike an interest rate, however, it includes other charges or fees (such as mortgage insurance, most closing costs, points and loan origination fees) to reflect the total cost of the loan. Get 20 years of historical current ratio charts for BAC stock and other companies. Price-FCF Ratio. As a result, APR is higher than the interest rate. P/E ratio history for Bank of America from 2002 to 2022 64 on the Fortune Global 500 in 2017 and No. The number of shares has decreased by -6.47% in one year. It would be unfair to conclude the liquidity based on the ratio. Includes annual, quarterly and trailing numbers with full history and charts. Current ratio is measured by current assets/current liabilities. Bank of America's quick ratio last quarter was 0.3x. 33 in the 2016 edition of . Home; Advanced Search; Map; Check Routing Number . Financial ratios and metrics for Bank of America Corporation (BAC). The growth rate we use for banks is the 5-Year Book Value growth rate. 04/12/22. Current PE Ratio: 8.5x: Fair PE Ratio: 16.6x: This metric measures how well a company is able to pay short-term liabilties that are on its balance sheet. What are analysts forecasts for Bank of America stock? Financial analysts and individual investors use PE Ratio and PEG ratios to determine the financial performance of a business entity when making investment decisions. In 2020, Bank of America had $889.921B in cash, an increase of 32.21% over 2019. 9.04. Bank of America Corp Banks United States FleetBoston Financial Corp, Massachusetts Banks United States 49,260.63 2008-09-14 Bank of America Corp Banks United States Merrill Lynch & Co Inc Brokerage United States 48,766.15 1999-10-13 Sumitomo Bank Ltd Banks Japan Sakura Bank Ltd Banks Japan 45,494.36 2009-02-26 HM Treasury: National agency . ET Stress-testing results from the Fed show that, in some scenarios, bank supplementary leverage ratios. Biggest Companies Most Profitable Best Performing Worst Performing 52-Week . $91B Today's Change (-0.56%) -$0.26 Current Price $46.61 Price as of July 5, 2022, 4:00 p.m. Get comparison charts for value investors! This would be an excellent performance. Dividend Aristocrats Dividend Challengers Dividend Contenders Minimum 3% Yield Minimum 4% Yield Minimum 5% Yield Low Payout Ratio Undervalued Monthly Payers. Popular Screeners Screens. A ratio of less than 1 poses a concern about the bank's ability to cover its short-term liabilities. According to Camden National Bank 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 10.0833 . For 2019, Bank of America had a cash balance of $673.09B, which represents a 2% increase over 2018. Find the latest Financials data for Bank of America Corporation Common Stock (BAC) at Nasdaq.com. Looking back at the last five years, Bank of America's quick ratio peaked in December 2020 at 0.4x. In depth view into WBO:BOAC Current Ratio explanation, calculation, historical data and more Contact Information +1 (704) 3868486. https://www.bankofamerica.com. The outperformance was turned into underperformance as the COVID-19 fears struck the stock market. Read full definition. Compare the current vs average ps ratio of Bank of America BAC and Philip Morris International PM. A complete list of banks in the United States ranked by Efficiency ratio from high to low based on data reported on 2022-03-31. Regional Banks. Interactive chart of historical net worth (market cap) for Bank Of America (BAC) over the last 10 years. The bank's Efficiency Ratio in 2021 and 2020 was 67 percent and 64 percent, respectively. The tier 1 capital ratio at the Bank of America increased considerably between 2009 and 2020, despite some fluctuations. Current ratio can be defined as a liquidity ratio that measures a company's ability to pay short-term obligations. Bank of America Corp. is a bank and financial holding company, which engages in the provision of banking and nonbank financial services. Get comparison charts for value investors! Forward-looking statements represent Bank of America's current expectations, plans or forecasts of its future results, revenues, expenses, efficiency ratio, capital measures, and . Tons of financial metrics for serious investors. Currency in USD 2W 10W 9M 30.90 -0.66 (-2.09%) As of 02:32PM EDT. * The 5-Year Book Value Growth Rate is the 5-year average Book Value per . BAC has 8.06 billion shares outstanding. Get comparison charts for value investors! Today's exchange rate 1 Foreign amount U.S. dollar amount Add a Currency Compare the current ratio of Bank of America BAC, JPMorgan Chase & Co JPM and Citigroup C. Get comparison charts for value investors! Current and historical p/e ratio for Bank Of America (BAC) from 2010 to 2022. Bank of America Current Ratio as of today (June 03, 2022) is . Bank of America lost 24% during March 2020, while the stock market "only" lost 12%. P/E ratio for Bank of America (BAC) P/E ratio as of July 2022 (TTM): 8.85 According to Bank of America 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 8.84986 . The PE ratio is a simple way to assess whether a stock is over or under valued and is the most widely used valuation measure. If 2022 non-interest expenses are ~flat, I project Bank of America's Efficiency Ratio (non-interest expense divided by total revenue) could finish the year at 63 percent. The price to earnings ratio is calculated by taking the latest closing price and dividing it by the most recent earnings per share (EPS) number. Get comparison charts for value investors! MarketWatch.com. Get current ratio charts for Bank of America (BAC). P/E Ratio (ttm) 8.89. The amount of funds on hand consists of the loan loss allowance that the bank has set aside plus any equity capital. Bank of America Caps an Underwhelming Bank Earnings Season. Current Ratio (Annual) Range, Past 5 Years Upgrade Minimum Includes annual, quarterly and trailing numbers with full history and charts. This figure is approaching the 100% threshold, which is . Read full definition. Net Worth. Bank of America account holders can exchange foreign currency (no coins) for U.S. dollars at a full-service banking center. . The bank had an $853.165 billion cash on hand at the end of 2021, representing a decrease of 4% compared to 2020. What is Bank of America's dividend payout ratio? Ratios & Margins Bank of America Corp. All values updated annually at fiscal year end Valuation P/E Ratio (TTM) 9.00 P/E Ratio (including extraordinary items) 9.17 Price to Sales Ratio 3.98 Price. The 30 analysts offering price forecasts for Bank of . The dividend payout ratio for BAC is: 24.00% based on the trailing year of earnings 25.23% based on this year's estimates 21.54% based on next year's estimates 17.84% based on cash flow Best-in-Class Portfolio Monitoring The 30 analysts offering price forecasts for Bank of . Popular Screeners Screens. 100 N Tryon St Bank Of America Corporate Center CHARLOTTE, NC 28255 United States. Compare the current vs average pe ratio of Bank of America BAC and STORE Capital STOR. Get access to 40+ years of historical data with Yahoo. Compare the ps ratio of Bank of America BAC and NVIDIA NVDA. See Also Earnings Bank of America is one of the world's leading financial institutions, serving individual consumers, small and middle-market businesses and large corporations with a full range of banking, investing, asset management and other financial and risk management products and services. What are analysts forecasts for Bank of America stock? All Stock Screeners. Compare the current vs average debt to equity ratio of Bank of America BAC and Philip Morris International PM. The company's trailing twelve month (TTM) PEG ratio is the P/E . Barron's. Bank of America's Q1 Beat Forecasts on Lending Gains. BAC's PEG ratio is 3.83. Market open. Get comparison charts for value investors! PEG Ratio is defined as the PE Ratio without NRI divided by the growth ratio. Currently, Bank of America Corporation has a PEG ratio of 1.27 compared to the Banks - Major Regional industry's PEG ratio of 1.33. Biggest Companies Most Profitable Best Performing Worst Performing 52-Week Highs 52-Week Lows Biggest Daily Gainers Biggest Daily Losers Most Active Today Best Growth Stocks. The current ratio is a figure that results from dividing current assets by the current liabilities. . Add a currency to view the currency exchange rates for that country and find out how much your foreign currency is currently worth in U.S. dollars. As of today, Bank of America's PE Ratio without NRI is 8.89.Bank of America's 5-Year Book Value growth rate is 5.40%.Therefore, Bank of America's PEG Ratio for today is 1.65. Get comparison charts for value investors! According to the current price, Bank of America is 62.98% away from the 52-week high. BAC vs JPM, C - Current Ratio. According to the current price, Bank of America is 62.98% away from the 52-week high. An attractive current ratio shows that a company's balance sheet is healthy and has solvency. Forward P/E. Financial Ratio History Enterprise Valuation Financial Position The company has a current ratio of n/a, with a Debt / Equity ratio of 1.94. Bank of America Payout Change Pending Price as of: JUL 05, 12:00 PM EDT $31.24 -0.32 0% Dividend (Fwd) $0.84 . Value Screeners. 100% free, no signups. Current and historical current ratio for Bank Of America (BAC) from 2010 to 2022. This metric measures how well a company is able to pay short-term liabilties that are on its balance sheet. Popular Screeners Screens. Compare the ps ratio of Bank of America BAC and Verizon Communications VZ. Login | Create Account. Measured from . Like an interest rate, an APR is expressed as percentage.