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Bank of America (GB:0Q16)
LSE:0Q16
Bank of America (0Q16) Share Price & Analysis
0 Followers
0Q16 Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$24.77 - $38.85
Previous Close$37.08
Volume23.45K
Average Volume (3M)268.76K
Market Cap
$288.96B
Enterprise Value$624.20B
Total Cash (Recent Filing)$0.00
Total Debt (Recent Filing)$335.24B
Price to Earnings (P/E)12.8
Beta1.57
Next Earnings
Jul 16, 2024EPS Estimate
$0.81Next Dividend Ex-Date
Jun 07, 2024Dividend Yield2.54%
Share Statistics
EPS (TTM)2.90
Shares Outstanding7,820,370,305
10 Day Avg. Volume9,251
30 Day Avg. Volume268,758
Standard Deviation0.07
R-Squared0.00013
Alpha0.03
Financial Highlights & Ratios
Price to Book (P/B)1.50
Price to Sales (P/S)9.11
Price to Cash Flow (P/CF)2.20
P/FCF Ratio1.40
Enterprise Value/Market CapN/A
Enterprise Value/Revenue6.36
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
$39.83Price Target Upside7.43% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering22
Bank of America News
PremiumCompany Announcements
Bank of America Files Quarterly Financials
PremiumCompany Announcements
Bank of America Files New SEC Report
PremiumCompany Announcements
Bank of America Shareholders Meeting: Elections and Equity Plan Approval
Bulls Say, Bears Say
Bulls Say
Earnings PotentialManagement anticipates net interest income to reach its lowest point in the second quarter and improve thereafter, indicating positive future earnings potential.
Financial StabilityThe stock offers an attractive entry point at only 1.4x price-to-tangible book value, suggesting it may be undervalued given its return on tangible common equity projections.
Operational EfficiencyBAC's elevated operating expenses are anticipated to decline sequentially throughout the year, suggesting improved cost efficiency ahead.
Bears Say
Credit QualityTotal Net Charge-Offs (NCOs) reached the highest level in a decade, indicating a potential concern in credit quality.
Credit RiskCommercial criticized exposure increased, leading to a potential rise in risk for the company's loan portfolio.
Financial PerformanceExpenses increased by 6% year-over-year, influenced by investments in technology and a special assessment cost.
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Ownership Overview
27.63% Insiders
19.40% Mutual Funds
17.77% Other Institutional Investors
35.20% Public Companies and
Individual Investors
Website Traffic
The estimated number of people who visited one or more of the websites owned by Bank of America
Desktop Users
Mobile Users
0Q16 FAQ
What was Bank of America’s price range in the past 12 months?
Bank of America lowest share price was $24.77 and its highest was $38.85 in the past 12 months.
What is Bank of America’s market cap?
Currently, no data Available
When is Bank of America’s upcoming earnings report date?
Bank of America’s upcoming earnings report date is Jul 16, 2024 which is in 73 days.
How were Bank of America’s earnings last quarter?
Bank of America released its earnings results on Apr 16, 2024. The company reported $0.76 earnings per share for the quarter, missing the consensus estimate of $0.761 by -$0.001.
Is Bank of America overvalued?
According to Wall Street analysts Bank of America’s price is currently Undervalued.
Does Bank of America pay dividends?
Bank of America pays a Quarterly dividend of $0.24 which represents an annual dividend yield of 2.54%. See more information on Bank of America dividends here
What is Bank of America’s EPS estimate?
Bank of America’s EPS estimate is $0.81.
How many shares outstanding does Bank of America have?
Bank of America has 7,820,370,000 shares outstanding.
What happened to Bank of America’s price movement after its last earnings report?
Bank of America reported an EPS of $0.76 in its last earnings report, missing expectations of $0.761. Following the earnings report the stock price went down -4.492%.
Which hedge fund is a major shareholder of Bank of America?
Among the largest hedge funds holding Bank of America’s share is Berkshire Hathaway Inc. It holds Bank of America’s shares valued at 35B.
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Bank of America Stock Smart Score
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$39.83 (7.43% Upside)
$39.83 (7.43% Upside)
Blogger Sentiment
Bullish
GB:0Q16 Sentiment 85%
Sector Average 69%
Sector Average 69%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
31.27%
12-Months-Change
Fundamentals
Return on Equity
8.72%
Trailing 12-Months
Asset Growth
2.48%
Trailing 12-Months
Company Description
Bank of America
Bank of America Corp. provides banking and nonbank financial services. It operates through the following segments: Consumer Banking, Global Wealth and Investment Management, Global Banking, Global Markets, and All Other. The company was founded by Amadeo Peter Giannini in 1904 is headquartered in Charlotte, NC.
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0Q16 Company Deck
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0Q16 Earnings Call
Q1 2024
0:00 / 0:00
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0Q16 Stock 12 Months Forecast
Average Price Target
$39.83
▲(7.43% Upside)
Technical Analysis
Bank of America
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JPMorgan Chase & Co.
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Wells Fargo
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Citigroup
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Goldman Sachs Group
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Best Analysts Covering 0Q16
1 Year
1 Year Success Rate
23/33 ratings generated profit
1 Year Average Return
+18.76%
reiterated a buy rating 19 days ago
Copying Mike Mayo's trades and holding each position for 1 Year would result in 69.70% of your transactions generating a profit, with an average return of +18.76% per trade.
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