Bank of America (Germany) Today
NCB Stock | EUR 45.40 0.28 0.61% |
Performance15 of 100
| Odds Of DistressLess than 9
|
Bank of America is trading at 45.40 as of the 2nd of December 2024. This is a 0.61% down since the beginning of the trading day. The stock's lowest day price was 45.12. Bank of America has less than a 9 % chance of experiencing financial distress in the next few years and had a good performance during 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 3rd of September 2024 and ending today, the 2nd of December 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 1874 and is headquartered in Charlotte, North Carolina. The company has 8 B outstanding shares. More on Bank of America
Moving together with Bank Stock
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0.87 | HBC2 | HSBC Holdings plc | PairCorr |
Moving against Bank Stock
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Bank Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Bank of America's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Bank of America or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Business Concentration | Banks - Global, Financial Services (View all Sectors) |
Bank of America (NCB) is traded on Frankfurt Exchange in Germany and employs 217,000 people. The company currently falls under 'Mega-Cap' category with a current market capitalization of 256.32 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Bank of America's market, we take the total number of its shares issued and multiply it by Bank of America's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Bank of America classifies itself under Financial Services sector and is part of Banks - Global industry. The entity has 8 B outstanding shares.
Bank of America has accumulated about 725.06 B in cash with (6.33 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 77.61, which can makes it an attractive takeover target, given it will continue generating positive cash flow.
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Ownership AllocationBank of America holds a total of 8 Billion outstanding shares. The majority of Bank of America outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to acquire positions in Bank of America to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Bank of America. Please pay attention to any change in the institutional holdings of Bank of America as this could imply that something significant has changed or is about to change at the company. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
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Bank of America Risk Profiles
Although Bank of America's alpha and beta are two of the key measurements used to evaluate Bank of America's performance over the market, the standard measures of volatility play an important role as well.
Mean Deviation | 1.08 | |||
Semi Deviation | 0.5908 | |||
Standard Deviation | 1.83 | |||
Variance | 3.34 |
Bank Stock Against Markets
Be your own money manager
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?
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Bank of America Corporate Management
Elected by the shareholders, the Bank of America's board of directors comprises two types of representatives: Bank of America inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Bank. The board's role is to monitor Bank of America's management team and ensure that shareholders' interests are well served. Bank of America's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Bank of America's outside directors are responsible for providing unbiased perspectives on the board's policies.
Rudolf Bless | Chief Officer | Profile | |
Aditya Bhasin | Chief Officer | Profile | |
Brian Moynihan | Chairman CEO | Profile | |
Paul Donofrio | Vice Chairman | Profile | |
Alastair Borthwick | Chief Officer | Profile | |
Darrin Boland | Chief Officer | Profile | |
James DeMare | Ex Markets | Profile |
Additional Information and Resources on Investing in Bank Stock
When determining whether Bank of America offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Bank of America's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Bank Of America Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Bank Of America Stock:Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Bank of America. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. For more detail on how to invest in Bank Stock please use our How to Invest in Bank of America guide.You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.