BAC

Here Are the Facts You Need to Understand Bank of America (BAC)

After moving 1.6% during today's afternoon session, Bank of America is now trading at a price of $31.8 per share. On average, analysts give it a target price of $35.81.

Bank of America Corporation, through its subsidiaries, provides banking and financial products and services for individual consumers, small and middle-market businesses, institutional investors, large corporations, and governments worldwide.

Bank of America Investors Should Consider This:

  • Bank of America has moved -3.0% over the last year.

  • The company has a price to earnings growth (PEG) ratio of 2.38. A number between 0 and 1 could mean that the market is undervaluing Bank of America's estimated growth potential

  • Its Price to Book (P/B) ratio is 0.99

  • Bank of America currently returns an annual dividend yield of 2.8%.

Understanding Bank of America's Operating Margins

Date Reported Total Revenue ($ k) Operating Expenses ($ k) Operating Margins (%) YoY Growth (%)
2023-02-22 94,950,000 n/a 32.62 -14.45
2022-02-22 89,113,000 n/a 38.13 71.68
2021-02-24 85,528,000 n/a 22.21 -38.13
2020-02-19 91,244,000 n/a 35.9 n/a
The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.

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