Bank of America is selling at 18.43 as of the 30th of November 2024; that is 0.49% increase since the beginning of the trading day. The preferred stock's last reported lowest price was 18.38. 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. The company was founded in 1784 and is based in Charlotte, North Carolina. More on Bank of America
Bank of America (BAC-PP) 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 216,000 people. Bank of America is listed under Banking category by Fama And French industry classification. The company operates under Banks sector and is part of Financials industry.
Bank of America has accumulated about 853.52 B in cash with (6.33 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 106.36, which can makes it an attractive takeover target, given it will continue generating positive cash flow.
Check Bank of America Probability Of BankruptcyOwnership AllocationAlmost 81.19 percent of Bank of America outstanding shares are held by general public with 18.81 % 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 Portfolio Backtesting Now
Portfolio Backtesting
Avoid under-diversification and over-optimization by backtesting your portfolios
Additional Tools for Bank Preferred Stock Analysis
When running Bank of America's price analysis, check to measure Bank of America's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Bank of America is operating at the current time. Most of Bank of America's value examination focuses on studying past and present price action to predict the probability of Bank of America's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bank of America's price. Additionally, you may evaluate how the addition of Bank of America to your portfolios can decrease your overall portfolio volatility.