It's Time For a Quick Look at Bank of America's Fundamentals.

By Tamara Parker • Thursday, September 07 12:09 • Permanent Link

Join us for a quick overview of Bank of America, a Banking company whose shares moved -0.5% today. Here are some facts about the stock that should help you see the bigger picture:

Bank of America has moved -17.0% over the last year, and the S&P 500 logged a change of 12.0%
BAC has an average analyst rating of buy and is -20.55% away from its mean target price of $35.54 per share
Its trailing earnings per share (EPS) is $3.48
Bank of America has a trailing 12 month Price to Earnings (P/E) ratio of 8.1 while the S&P 500 average is 15.97
Its forward earnings per share (EPS) is $3.29 and its forward P/E ratio is 8.6
The company has a Price to Book (P/B) ratio of 0.88 in contrast to the S&P 500's average ratio of 2.95
Bank of America is part of the Finance sector, which has an average P/E ratio of 14.34 and an average P/B of 1.57
BAC has reported YOY quarterly earnings growth of 20.5% and gross profit margins of 0.0%
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. Its Consumer Banking segment offers traditional and money market savings accounts, certificates of deposit and IRAs, noninterest-and interest-bearing checking accounts, and investment accounts and products; and credit and debit cards, residential mortgages, and home equity loans, as well as direct and indirect loans, such as automotive, recreational vehicle, and consumer personal loans. The company's Global Wealth & Investment Management segment offers investment management, brokerage, banking, and trust and retirement products and services; and wealth management solutions, as well as customized solutions, including specialty asset management services. Its Global Banking segment provides lending products and services, including commercial loans, leases, commitment facilities, trade finance, and commercial real estate and asset-based lending; treasury solutions, such as treasury management, foreign exchange, and short-term investing options and merchant services; working capital management solutions; and debt and equity underwriting and distribution, and merger-related and other advisory services. The company's Global Markets segment offers market-making, financing, securities clearing, settlement, and custody services, as well as risk management products using interest rate, equity, credit, currency and commodity derivatives, foreign exchange, fixed-income, and mortgage-related products. The company was founded in 1784 and is based in Charlotte, North Carolina.

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