Updated
19/07/2023
17:04
BAC US
Updated 19/07/2023 17:04
MM is bullish BAC US, providing a positive read-through for MQG
Bank of America Corp (BAC US)
BAC US$49.76
20 minute delayed
14 days free access
Join Market Matters and get full access to all our Opinion + Action
Performance
Advanced charting functionality with the ability to amend timeframes, chart type & indicator selection, powered by TradingView.
Share price activity
Displays share price activity. Volume = number of shares traded, Turnover = value of shares traded, VWAP = volume-weighted average price for the day, sourced from Morningstar.
- Last (Price)
- 49.76
- Change
- ▼ -1.87 (-3.62)
- Bid / Ask
- 49.79 - 49.79
- Volume
- 19,060,742
- Turnover
- 832,778,254
- Open
- 52.63
- Day Range
- 49.76 - 53.03
- VWAP
- 50.03
- Prev Close
- 51.63
- Last Trade
- 05/11 7:00pm
Key information
Displays key information on the security, sourced from Morningstar.
- Sector
- Financial Services
- Shares Issued
- 6,900,209,006
- NTA/Share
- 32.47
- Last Dividend
- 0.32
- Dividend Ex Date
- 4 SEP 2026
- Dividend Pay Date
- 25 SEP 2026
Current (USD) · FY2025
Displays key financial data for the most recent fiscal year, in millions. Note - Per share data is in local currency terms irrespective of reporting currency, and may be different to the stated currency, sourced from Morningstar.
- Revenue
- 113,097.00
- EBITDA
- —
- Profit
- 29,055.00
- Earnings Per Share (EPS)
- 3.81
- Dividend Per Share (DPS)
- 1.08
- Yield %
- 2.25
- Market Cap
- 343,354.40
- Price to Earnings Ratio (P/E)
- 11.85
Estimates (USD) · FY2027
Displays consensus analyst’s estimates for key measures for the next fiscal year, sourced from Morningstar.
- Revenue
- 131,118.20
- EBITDA
- —
- Profit
- 36,614.40
- Earnings Per Share (EPS)
- 5.16
- Dividend Per Share (DPS)
- 1.33
Quantitative rating
Displays Morningstar’s Quantitative Equity Research Rating for the security: a star rating from 1 (overvalued) to 5 (undervalued) from the share price against a fair value estimated by a statistical model of Morningstar’s analyst ratings, with the model’s economic moat, financial health and fair value uncertainty, sourced from Morningstar.
Undervalued
- Economic Moat
- Wide
- Financial Health
- Moderate
- Uncertainty
- High
Morningstar Quantitative Rating as of 4 NOV 2026.
Quantitative Equity Rating Methodology – view here
Fair value estimate
Displays Morningstar’s quantitative fair value estimate for the security against the current share price, with the band around it: the five-star price below which the model would rate the stock five stars and the one-star price above which it would rate it one star, sourced from Morningstar.
Five-star price 49.55 Fair value 58.18 One-star price 68.31
Morningstar Quantitative Rating as of 4 NOV 2026.
Quantitative valuation
Displays where the share price sits in Morningstar’s quantitative fair value band, from the five-star price (undervalued) to the one-star price (overvalued), with the fair value estimate, the price to fair value ratio, the model’s valuation label and its uncertainty rating, sourced from Morningstar.
Buy
Sell
- Fair Value
- 58.18
- Price / Fair Value
- 0.89
- Valuation
- Undervalued
- Uncertainty
- High
Morningstar Quantitative Rating as of 4 NOV 2026. The slider runs from the five-star price (49.55) to the one-star price (68.31).
Displays useful ratios for the security, NB the pricing date used, sourced from Morningstar.
| Ratios |
|---|
| Currency (Price/reporting): USD/USD |
| Exchange Rate: 1.0000 |
Price, volume and trading statistics for the security, sourced from Morningstar.
| Price - closing or last bid | 49.66 |
| Price - 12 month high | 65.22 |
| Price - 12 month low | 46.12 |
| Pricing date | 3 NOV 2026 |
| Volume - avg. trading volume for the last ten days | 35.75 |
| Market capitalization | 356,257.79 |
| 12 Month High price date | 17 AUG 2026 |
| 12 Month Low price date | 19 MAR 2026 |
| Volume - avg. trading volume for the last 3 months | 35.90 |
| Price - 1 Day % Change | 0.18% |
| Price - 13 week price percent change | -20.52% |
| Price - 26 week price percent change | -6.72% |
| Price - 5 Day % Change | -2.01% |
| Price - 52 week price percent change | -7.28% |
| Price - YTD price percent change | -10.17% |
| Price % Change Month To Date | -7.61% |
Earnings, dividends, cash flow and book value per share, sourced from Morningstar.
| EPS excluding extraordinary items - most recent fiscal year | 3.810 |
| EPS excluding extraordinary items - trailing 12 month | 4.190 |
| EPS Normalized - most recent fiscal year | 4.231 |
| Revenue/share - most recent fiscal year | 14.724 |
| Revenue/share - trailing 12 month | 16.681 |
| Book value per share - most recent fiscal year | 38.441 |
| Book value per share - most recent quarter | 39.255 |
| Book value (tangible) per share - most recent fiscal year | 32.475 |
| Book value (tangible) per share - most recent quarter | 32.896 |
| Cash per share - most recent fiscal year | 32.145 |
| Cash per share - most recent quarter | 36.062 |
| Cash Flow per share - most recent fiscal year | 5.949 |
| Cash Flow per share - trailing 12 month | 6.329 |
| Dividend per share - most recent fiscal year | 1.080 |
| Dividends per share - trailing 12 month | 1.160 |
| EBITD per share - trailing 12 month | — |
| EPS Basic excluding extraordinary items - most recent fiscal year | 3.860 |
| EPS Basic excluding extraordinary items - trailing 12 month | 4.250 |
| EPS including extraordinary items - most recent fiscal year | 3.860 |
| EPS including extraordinary items - trailing 12 month | 4.270 |
| Free Cash Flow per share - trailing 12 month | 6.329 |
Valuation multiples such as P/E, price to sales, price to book and enterprise value ratios, sourced from Morningstar.
| P/E excluding extraordinary items, most recent fiscal year | 12.32 |
| P/E Normalized, most recent fiscal year | 11.20 |
| Price to sales - most recent fiscal year | 3.10 |
| Price to Tangible Book - most fiscal year | 1.76 |
| Price to Free Cash Flow per Share - most recent fiscal year | 8.16 |
| Price to Cash Flow per share - trailing 12 month | 8.16 |
| Price to Book - most recent fiscal year | 1.32 |
| P/E excluding extraordinary items high, trailing 12 months | 15.64 |
| P/E excluding extraordinary items low, trailing 12 months | 11.83 |
| Net Debt, LFI | 2,485,450.00 |
| Net Debt, LFY | 2,497,504.00 |
| Dividend Yield - 5 Year Average | 2.31% |
| Dividend Yield - indicated annual dividend divided by closing price | 2.34% |
| Current Dividend Yield - Common Stock Primary Issue, LTM | 2.25% |
Cash flow, liquidity and leverage measures, sourced from Morningstar.
| Free Cash Flow - most recent fiscal year | 45,694.00 |
| LT debt/equity - most recent fiscal year | — |
| Payout ratio - most recent fiscal year | 28.35% |
| Total debt/total equity - most recent fiscal year | 900.05% |
| LT debt/equity - most recent quarter | — |
| Total debt/total equity - most recent quarter | 921.69% |
| Free Cash Flow - trailing 12 month | 46,658.00 |
| Payout ratio - trailing 12 month | 27.55% |
Key income statement lines for the most recent fiscal year, in millions, sourced from Morningstar.
| Revenue - most recent fiscal year | 113,097.00 |
| Revenue - trailing 12 month | 122,968.00 |
| EBITD - most recent fiscal year | — |
| EBITD - trailing 12 month | — |
| Earnings before taxes - most recent fiscal year | 37,695.00 |
| Earnings before taxes - trailing 12 month | 43,371.00 |
| Net Income available to common - most recent fiscal year | 29,055.00 |
| Net Income available to common - trailing 12 months | 30,644.00 |
| Earnings before taxes Normalized - most recent fiscal year | 41,696.00 |
| Net Income Available to Common, Normalized - most recent fiscal year | — |
| Earnings per Share, Normalized, Excluding Extraordinary Items, Avg. Diluted Shares Outstanding, TTM | 4.61 |
Profitability margins for the most recent fiscal year, sourced from Morningstar.
| Net Profit Margin % - 1st historical fiscal year | 26.98% |
| Net Profit Margin % - trailing 12 month | 26.12% |
| Operating margin - 1st historical fiscal year | — |
| Operating margin - trailing 12 month | — |
| Pretax margin - trailing 12 month | 35.27% |
| Pretax margin - 1st historical fiscal year | 33.33% |
| Operating Margin - 5 year average | — |
| Pretax Margin - 5 year average | 33.42% |
| Free Operating Cash Flow/Revenue, 5 Year Average | 41.12% |
| Free Operating Cash Flow/Revenue, TTM | 37.94% |
| Net Profit Margin - 5 year average | 28.59% |
Returns on average assets and equity for the fiscal year, the trailing 12 months and as 5 year averages, and net income and revenue per employee in whole currency, sourced from Morningstar.
| Return on average assets - most recent fiscal year | 0.90% |
| Return on average assets - trailing 12 month | 0.93% |
| Return on average equity - most recent fiscal year | 11.07% |
| Return on average equity - trailing 12 month | 11.65% |
| Return on average assets - 5 year average | 0.89% |
| Return on average equity - 5 year average | 11.06% |
| Net Income/employee - most recent fiscal year | 143,234.74 |
| Revenue/employee - most recent fiscal year | 530,971.83 |
Growth in revenue, earnings, dividends and book value over recent periods, sourced from Morningstar.
| Revenue growth rate, 5 year | 5.75% |
| EPS growth rate, 5 year | 15.30% |
| Growth rate% - dividend, 3 year | 7.89% |
| Revenue/share (5 yr growth) | 8.66% |
| Growth rate% - Revenue, 3 year | 6.00% |
| Growth rate% - EPS, 3 year | 6.10% |
| Book value per share growth rate, 5 year | 6.01% |
| Capital Spending growth rate, 5 year | — |
| Earnings Before Interest, Taxes, Depreciation & Amortization, 5 Year CAGR | — |
Displays analyst’s forecasts for key measures. The estimates can be expanded to see the spread of the calls. Full lines = reported, and dotted lines are forward estimates. Click a measure to add or remove it from the chart, sourced from Morningstar.
Financial forecast (USD, millions except per share)
| Actuals | Estimates | |||||||
| 2025 | 2026 | 2027 | 2028 | 2029 | ||||
| Estimate breakdown | ||||||||
Financial metrics can be plotted on the graph to see trends. Multiple metrics from multiple statements can be plotted against each other, sourced from Morningstar.
Financials (USD, millions)
| Period end: | DEC 21 | DEC 22 | DEC 23 | DEC 24 | DEC 25 |
| Fiscal year: | 2021 | 2022 | 2023 | 2024 | 2025 |
| Period length: | 12 months | 12 months | 12 months | 12 months | 12 months |
Displays all company announcements released by the company to the exchange, sourced from Morningstar.
Announcements
Announcements are available for ASX-listed companies only.
Opinion
No opinions for this company yet.
Action
Business Summary
Bank of America is a formidable financial titan with a $3.43 trillion balance sheet and a cornerstone of the American economy, holding the second-largest deposit market share in the United States. While the firm has maintained its stronghold among middle-market and retail clientele domestically, Bank of America has continued to hold its own on the global stage, as evidenced by its fourth-largest global trading operation and an investment banking division that regularly finishes in the top four in global league tables. The firm is organized across four segments: consumer banking, global wealth and investment management, global banking, and global markets.
Relevant suggested news and content from the site
Video
WATCH
Webinar Recording: Are commodities entering a Supercycle?
Recorded Wednesday 24th June @ 12.30pm
Podcast
LISTEN
Thursday 11th September – Dow off -220pts, SPI off -20pts
Daily Podcast Direct from the Desk
Video
WATCH
Buy Hold Sell: The 6 income stocks readers love, plus 2 expert ideas
Recorded 10th June 2026
Podcast
LISTEN
Wednesday 10th September – Dow up +196pts, SPI down -4pts
Daily Podcast Direct from the Desk
