Bank of America is selling at 21.86 as of the 30th of November 2024; that is 0.83% increase since the beginning of the trading day. The preferred stock's open price was 21.68. Bank of America has less than a 9 % chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for Bank of America are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 1st of September 2024 and ending today, the 30th of November 2024. Click here to learn more.
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 Corporation was founded in 1784 and is headquartered in Charlotte, North Carolina. More on Bank of America
Bank of America (BAC-PN) is traded on New York Stock Exchange in USA. It is located in Bank of America Corporate Center, Charlotte, NC, United States, 28255 and employs 216,823 people. Bank of America is listed under Banking category by Fama And French industry classification. The company operates under Financial Services sector and is part of Banks—Diversified industry.
Bank of America has accumulated about 932.64 B in cash with (7.19 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 107.68, which can makes it an attractive takeover target, given it will continue generating positive cash flow.
Check Bank of America Probability Of BankruptcyOwnership AllocationAlmost 84.23 percent of Bank of America outstanding shares are held by general public with 15.77 % by other corporate entities.
Check Bank Ownership Details
Our tools can tell you how much better you can do entering a position in Bank of America without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.
Did you try this?
Run Equity Analysis Now
Equity Analysis
Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities
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.