Bank of America Corp.Find Ratings Reports
BANK OF AMERICA CORP's gross profit margin for the fourth quarter of its fiscal year 2017 is essentially unchanged when compared to the same period a year ago. Even though sales increased, the net income has decreased.
During the same period, stockholders' equity ("net worth") has remained unchanged from the same quarter last year.
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|Income Statement||Q4 FY17||Q4 FY16|
|Net Sales ($mil)||24986.0||22563.0|
|Net Income ($mil)||2365.0||4696.0|
|Balance Sheet||Q4 FY17||Q4 FY16|
|Cash & Equiv. ($mil)||381334.0||355823.0|
|Total Assets ($mil)||2281234.0||2187702.0|
|Total Debt ($mil)||436933.0||411058.0|
|Profitability||Q4 FY17||Q4 FY16|
|Gross Profit Margin||81.57||85.17|
|Return on Assets||0.79||0.81|
|Return on Equity||6.22||6.08|
|Debt||Q4 FY17||Q4 FY16|
|Share Data||Q4 FY17||Q4 FY16|
|Shares outstanding (mil)||10287.3||10052.63|
|Div / share||0.12||0.08|
|Book value / share||25.97||26.54|
|Institutional Own %||n/a||n/a|
|Avg Daily Volume||7.2811488E7||6.830936E7|
BUY. This stock's P/E ratio indicates a premium compared to an average of 17.29 for the Commercial Banks industry and a discount compared to the S&P 500 average of 25.66. Conducting a second comparison, its price-to-book ratio of 1.24 indicates a significant discount versus the S&P 500 average of 3.28 and a discount versus the industry average of 1.40. The current price-to-sales ratio is well above the S&P 500 average and above the industry average, indicating a premium. The valuation analysis reveals that, BANK OF AMERICA CORP seems to be trading at a premium to investment alternatives within the industry.
|BAC 20.71||Peers 17.29||BAC 31.74||Peers 14.83|
Premium. A higher P/E ratio than its peers can signify a more expensive stock or higher growth expectations.
BAC is trading at a premium to its peers.
Premium. The P/CF ratio, a stock’s price divided by the company's cash flow from operations, is useful for comparing companies with different capital requirements or financing structures.
BAC is trading at a significant premium to its peers.
|BAC 11.26||Peers 12.87||BAC 0.34||Peers 0.82|
Average. An average price-to-projected earnings ratio can signify an industry neutral stock price and average future growth expectations.
BAC is trading at a valuation on par with its peers.
Discount. The PEG ratio is the stock’s P/E divided by the consensus estimate of long-term earnings growth. Faster growth can justify higher price multiples.
BAC trades at a significant discount to its peers.
|BAC 1.24||Peers 1.40||BAC 4.02||Peers 69.52|
Discount. A lower price-to-book ratio makes a stock more attractive to investors seeking stocks with lower market values per dollar of equity on the balance sheet.
BAC is trading at a discount to its peers.
Lower. Elevated earnings growth rates can lead to capital appreciation and justify higher price-to-earnings ratios.
However, BAC is expected to significantly trail its peers on the basis of its earnings growth rate.
|BAC 3.29||Peers 2.99||BAC 7.21||Peers 9.11|
Average. In the absence of P/E and P/B multiples, the price-to-sales ratio can display the value investors are placing on each dollar of sales.
BAC is trading at a valuation on par with its industry on this measurement.
Lower. A sales growth rate that trails the industry implies that a company is losing market share.
BAC trails its peers on the basis of sales growth