Bank Financial Statements From 2010 to 2024

BAC-PO Preferred Stock  USD 19.47  0.11  0.57%   
Bank of America financial statements provide useful quarterly and yearly information to potential Bank of America investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Bank of America financial statements helps investors assess Bank of America's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Bank of America's valuation are summarized below:
Bank of America does not presently have any fundamental signals for analysis.
Check Bank of America financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Bank of America's main balance sheet or income statement drivers, such as , as well as many indicators such as . Bank financial statements analysis is a perfect complement when working with Bank of America Valuation or Volatility modules.
  
This module can also supplement various Bank of America Technical models . Check out the analysis of Bank of America Correlation against competitors.
To learn how to invest in Bank Preferred Stock, please use our How to Invest in Bank of America guide.
No active fundamentals found

About Bank of America Financial Statements

Bank of America investors utilize fundamental indicators, such as revenue or net income, to predict how Bank Preferred Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
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. The company was founded in 1784 and is based in Charlotte, North Carolina. Bank Of America operates under BanksDiversified classification in the United States and is traded on NYQ Exchange. It employs 213270 people.

Pair Trading with Bank of America

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Bank of America position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Bank of America will appreciate offsetting losses from the drop in the long position's value.

Moving together with Bank Preferred Stock

  0.72TD Toronto Dominion Bank Earnings Call TodayPairCorr

Moving against Bank Preferred Stock

  0.8JPM JPMorgan Chase Fiscal Year End 10th of January 2025 PairCorr
  0.79WFC Wells Fargo Fiscal Year End 10th of January 2025 PairCorr
  0.78BAC Bank of America Fiscal Year End 10th of January 2025 PairCorr
  0.73CM Canadian Imperial Bank Earnings Call TodayPairCorr
  0.7C Citigroup Aggressive PushPairCorr
The ability to find closely correlated positions to Bank of America could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Bank of America when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Bank of America - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Bank of America to buy it.
The correlation of Bank of America is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Bank of America moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Bank of America moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Bank of America can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Other Information on Investing in Bank Preferred Stock

Bank of America financial ratios help investors to determine whether Bank Preferred Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Bank with respect to the benefits of owning Bank of America security.