Bank of America Corp.

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BAC : NYSE : Finance
$31.87 | %
Today's Range: 0.0 - 0.0
Avg. Daily Volume: 6.96985E7
03/21/18 - 4:00 PM ET

Financial Analysis

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 ($mil)24986.022563.0
EBITDA ($mil)11428.010462.0
EBIT ($mil)10913.09913.0
Net Income ($mil)2365.04696.0

Balance Sheet Q4 FY17 Q4 FY16
Cash & Equiv. ($mil)381334.0355823.0
Total Assets ($mil)2281234.02187702.0
Total Debt ($mil)436933.0411058.0
Equity ($mil)267146.0266840.0

Profitability Q4 FY17 Q4 FY16
Gross Profit Margin81.5785.17
EBITDA Margin45.7346.36
Operating Margin43.6843.93
Sales Turnover0.040.04
Return on Assets0.790.81
Return on Equity6.226.08
Debt Q4 FY17 Q4 FY16
Current Ratio0.00.0
Interest Expense0.00.0
Interest Coverage0.00.0

Share Data Q4 FY17 Q4 FY16
Shares outstanding (mil)10287.310052.63
Div / share0.120.08
Book value / share25.9726.54
Institutional Own % n/a n/a
Avg Daily Volume7.2811488E76.830936E7


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.

1 2 3 4 5
premium   discount
  Price/Cash Flow
1 2 3 4 5
premium   discount
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.

1 2 3 4 5
premium   discount
  Price to
1 2 3 4 5
premium   discount
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.

1 2 3 4 5
premium   discount
  Earnings Growth
1 2 3 4 5
lower   higher
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.

1 2 3 4 5
premium   discount
  Sales Growth
1 2 3 4 5
premium   discount
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



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