Financial Summary
Bank of America Corporation (BAC)
Financial Services
★
★
★
★
★
Strong Buy
S
| Symbol | BAC |
|---|---|
| Price | 34.45$ |
| Beta | 1.49 |
| Volume Avrg. | 72.26M |
| Market Cap | 347.77B |
| Shares (2018) | 10,096,500.00K |
| Last Div | 0.6 |
| Dividend Yield | 2.01% |
| DCF Unlevered | 78.78 | Strong Buy |
|---|---|---|
| DCF Levered | - | |
| ROE | 10.61% | Buy |
| ROA | NaN% | |
| Operating Margin | 41.50% | Strong Buy |
| Debt / Equity | 164.54% | Buy |
| P/E | 9.33 | Strong Buy |
| P/B | 0.92 | Buy |
Income Statement
| Year | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Per Share Basic | -0.29 | -0.37 | 0.01 | 0.26 | 0.94 | 0.43 | 1.38 | 1.57 | 1.63 | 2.64 |
| Net Profit Margin | 0.05 | -0.02 | 0.02 | 0.05 | 0.13 | 0.06 | 0.19 | 0.21 | 0.21 | 0.31 |
| Earnings Per Share Diluted | -0.29 | -0.37 | 0.01 | 0.25 | 0.90 | 0.42 | 1.31 | 1.49 | 1.56 | 2.61 |
| Revenue | 119,643.00 | 110,220.00 | 93,454.00 | 83,334.00 | 88,942.00 | 85,894.00 | 82,965.00 | 83,701.00 | 87,352.00 | 91,247.00 |
| Weighted Average Shares Outstanding | 8,650.76 | 10,085.15 | 10,135.87 | 10,778.08 | 10,666.13 | 10,516.45 | 10,412.48 | 10,105.05 | 10,430.61 | 9,814.20 |
| Gross Profit | 119,643.00 | 110,220.00 | 93,454.00 | 83,334.00 | 88,942.00 | 85,894.00 | 82,965.00 | 83,701.00 | 87,352.00 | 91,247.00 |
| Weighted Average Shares Outstanding (Diluted) | 7,728.57 | 9,790.47 | 10,142.63 | 10,746.03 | 10,731.17 | 10,527.82 | 10,462.28 | 10,284.10 | 10,195.60 | 10,096.50 |
| Sales, General and Administrative Expense | 62,014.00 | 67,157.00 | 74,943.00 | 70,829.00 | 68,128.00 | 74,720.00 | 57,617.00 | 55,083.00 | 54,743.00 | 53,381.00 |
| Dividend per Share | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Operating Income | 52,930.00 | 27,112.00 | 13,180.00 | 11,241.00 | 19,728.00 | 10,238.00 | 25,348.00 | 28,618.00 | 32,609.00 | 37,866.00 |
| Gross Margin | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 |
| Earnings before Tax | 4,360.00 | -1,323.00 | -230.00 | 3,072.00 | 16,172.00 | 7,963.00 | 22,187.00 | 25,021.00 | 29,213.00 | 34,584.00 |
| EBITDA Margin | 0.07 | 0.02 | 0.04 | 0.07 | 0.21 | 0.12 | 0.30 | 0.33 | 0.36 | 0.40 |
| Net Income | 6,276.00 | -2,238.00 | 1,446.00 | 4,188.00 | 11,431.00 | 5,520.00 | 15,910.00 | 17,822.00 | 18,232.00 | 28,147.00 |
| EBIT Margin | 0.04 | -0.01 | -0.00 | 0.04 | 0.18 | 0.09 | 0.27 | 0.30 | 0.33 | 0.38 |
| Net Income - Discounted ops | - | - | - | - | - | - | - | - | - | - |
| Profit Margin | -0.02 | -0.03 | 0.00 | 0.03 | 0.11 | 0.05 | 0.17 | 0.19 | 0.19 | 0.29 |
| Preferred Dividends | 8,480.00 | 1,357.00 | 1,361.00 | 1,428.00 | 1,349.00 | 1,044.00 | 1,483.00 | 1,682.00 | 1,614.00 | 1,451.00 |
| Free Cash Flow margin | 0.00 | 0.00 | 0.00 | -0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| R&D Expenses | - | - | - | - | - | - | - | - | - | - |
| Interest Expense | - | - | - | - | - | - | - | - | - | - |
| Earnings Before Tax Margin | 0.04 | -0.01 | -0.00 | 0.04 | 0.18 | 0.09 | 0.27 | 0.30 | 0.33 | 0.38 |
| Consolidated Income | 6,276.00 | -2,238.00 | 1,446.00 | 4,188.00 | 11,431.00 | 5,520.00 | 15,910.00 | 17,822.00 | 18,232.00 | 28,147.00 |
| EBIT | 4,360.00 | -1,323.00 | -230.00 | 3,072.00 | 16,172.00 | 7,963.00 | 22,187.00 | 25,021.00 | 29,213.00 | 34,584.00 |
| EBITDA | 8,674.00 | 2,589.00 | 3,255.00 | 6,110.00 | 18,855.00 | 10,485.00 | 24,576.00 | 27,262.00 | 31,316.00 | 36,647.00 |
| Income Tax Expense | -1,916.00 | 915.00 | -1,676.00 | -1,116.00 | 4,741.00 | 2,443.00 | 6,277.00 | 7,199.00 | 10,981.00 | 6,437.00 |
| Operating Expenses | 66,713.00 | 83,108.00 | 80,274.00 | 72,093.00 | 69,214.00 | 75,656.00 | 57,617.00 | 55,083.00 | 54,743.00 | 53,381.00 |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - |
| Net Income Com | -2,204.00 | -3,595.00 | 85.00 | 2,760.00 | 10,082.00 | 4,476.00 | 14,427.00 | 16,140.00 | 16,618.00 | 26,696.00 |
| Net Income - Non-Controlling int | - | - | - | - | - | - | - | - | - | - |
Balance Sheet Statement
| Year | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 |
|---|---|---|---|---|---|---|---|---|---|---|
| Total current liabilities | - | - | - | - | - | - | 1,636,084.00 | 1,699,121.00 | 1,781,583.00 | 1,892,766.00 |
| Other Liabilities | - | - | - | - | - | - | 1,636,084.00 | 1,699,121.00 | 1,781,583.00 | 1,854,791.00 |
| Long-term debt | - | - | - | - | - | - | 236,764.00 | 216,823.00 | 185,345.00 | 229,392.00 |
| Cash and cash equivalents | 335,474.00 | 344,476.00 | 357,289.00 | 349,370.00 | 333,190.00 | 337,922.00 | 359,579.00 | 355,823.00 | 381,334.00 | 446,029.00 |
| Total debt | 763,230.00 | 753,752.00 | 622,827.00 | 599,575.00 | 493,779.00 | 475,588.00 | 439,153.00 | 411,058.00 | 436,933.00 | 436,569.00 |
| Cash and short-term investments | - | - | - | - | - | - | 559,805.00 | 563,908.00 | 605,234.00 | 711,732.00 |
| Deferred revenue | - | - | - | - | - | - | - | - | - | - |
| Inventories | - | - | - | - | - | - | - | - | - | - |
| Tax Liabilities | - | - | - | - | - | - | - | - | - | - |
| Goodwill and Intangible Assets | 118,114.00 | 98,961.00 | 85,498.00 | 82,511.00 | 80,470.00 | 77,919.00 | 76,616.00 | 71,716.00 | 68,951.00 | 68,951.00 |
| Deposit Liabilities | 991,611.00 | 1,010,430.00 | 1,033,041.00 | 1,105,261.00 | 1,119,271.00 | 1,118,936.00 | 1,197,259.00 | 1,260,934.00 | 1,309,545.00 | 1,381,476.00 |
| Tax assets | - | - | - | - | - | - | - | - | - | - |
| Total non-current liabilities | - | - | - | - | - | - | - | - | - | - |
| Total current assets | - | - | - | - | - | - | 652,320.00 | 657,416.00 | 701,743.00 | 779,327.00 |
| Total liabilities | 1,998,788.00 | 2,036,661.00 | 1,898,945.00 | 1,973,018.00 | 1,869,588.00 | 1,861,063.00 | 1,888,111.00 | 1,921,872.00 | 2,014,088.00 | 2,089,182.00 |
| Payables | - | - | - | - | - | - | - | - | - | - |
| Other comprehensive income | -5,619.00 | -66.00 | -5,437.00 | -2,797.00 | -8,457.00 | -4,320.00 | -5,358.00 | -7,288.00 | -7,082.00 | -12,211.00 |
| Short-term investments | - | - | - | - | - | - | 200,226.00 | 208,085.00 | 223,900.00 | 265,703.00 |
| Retained earnings (deficit) | 71,233.00 | 60,849.00 | 60,520.00 | 62,843.00 | 72,497.00 | 75,024.00 | 88,219.00 | 101,225.00 | 113,816.00 | 136,314.00 |
| Property, Plant & Equipment Net | 15,500.00 | 14,306.00 | 13,637.00 | 11,858.00 | 10,475.00 | 10,049.00 | 9,485.00 | 9,139.00 | 9,247.00 | 9,906.00 |
| Total non-current assets | - | - | - | - | - | - | - | - | - | - |
| Other Assets | - | - | - | - | - | - | - | - | - | 1,781.00 |
| Net Debt | - | - | - | - | - | - | - | - | - | -444,365.00 |
| Investments | 1,305,865.00 | 1,344,667.00 | 1,290,618.00 | 1,316,881.00 | 1,293,607.00 | 1,312,951.00 | 1,349,080.00 | 1,377,755.00 | 1,415,678.00 | 1,433,139.00 |
| Total shareholders equity | 231,444.00 | 228,248.00 | 230,101.00 | 236,956.00 | 232,685.00 | 243,471.00 | 256,176.00 | 266,195.00 | 267,146.00 | 265,325.00 |
| Total assets | 2,230,232.00 | 2,264,909.00 | 2,129,046.00 | 2,209,974.00 | 2,102,273.00 | 2,104,534.00 | 2,144,287.00 | 2,188,067.00 | 2,281,234.00 | 2,354,507.00 |
| Long-term investments | - | - | - | - | - | - | 65,187.00 | 52,225.00 | 60,345.00 | 61,586.00 |
| Receivables | 81,996.00 | 85,704.00 | 66,999.00 | 71,467.00 | 59,448.00 | 61,845.00 | 58,312.00 | 58,759.00 | 61,623.00 | 65,814.00 |
| Short-term debt | - | - | - | - | - | - | - | - | - | 37,975.00 |
Cash Flow Statement
| Year | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 |
|---|---|---|---|---|---|---|---|---|---|---|
| Insurance (repayment) of debt | - | - | - | - | - | - | - | - | - | - |
| Net Cash/Marketcap | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Insurance (buybacks) of shares | - | - | - | - | - | - | - | - | - | - |
| Depreciation & Amortization | 4,314.00 | 3,912.00 | 3,485.00 | 3,038.00 | 2,683.00 | 2,522.00 | 2,389.00 | 2,241.00 | 2,103.00 | 2,063.00 |
| Dividend payments | -4,863.00 | -1,762.00 | -1,738.00 | -1,909.00 | -1,677.00 | -2,306.00 | -3,574.00 | -4,194.00 | -5,700.00 | -6,895.00 |
| Operating Cash Flow | 129,731.00 | 82,541.00 | 64,448.00 | -16,056.00 | 92,817.00 | 30,795.00 | 28,397.00 | 17,277.00 | 9,864.00 | 39,520.00 |
| Acquisitions and disposals | 31,804.00 | 2,807.00 | - | - | - | - | - | - | - | - |
| Free Cash Flow | 127,491.00 | 81,554.00 | 63,141.00 | -16,051.00 | 92,817.00 | 30,795.00 | 28,397.00 | 17,277.00 | 9,864.00 | 39,520.00 |
| Net cash flow / Change in cash | 88,482.00 | -12,912.00 | 11,675.00 | -9,350.00 | 20,570.00 | 7,267.00 | 20,764.00 | -11,615.00 | 9,696.00 | 19,970.00 |
| Effect of forex changes on cash | 394.00 | 228.00 | -548.00 | -731.00 | -1,863.00 | -3,067.00 | -597.00 | 240.00 | 2,105.00 | -1,200.00 |
| Financing Cash Flow | -199,568.00 | -65,334.00 | -104,654.00 | 42,416.00 | -95,442.00 | -12,201.00 | 48,535.00 | 33,153.00 | 49,268.00 | 53,118.00 |
| Investment purchases and sales | 117,115.00 | -33,818.00 | 52,099.00 | -37,463.00 | 25,546.00 | -5,756.00 | -55,865.00 | -62,693.00 | -59,952.00 | -69,482.00 |
| Capital Expenditure | -2,240.00 | -987.00 | -1,307.00 | 5.00 | - | - | - | - | - | - |
| Stock-based compensation | - | - | - | - | - | 78.00 | -89.00 | 1,367.00 | 1,649.00 | 1,729.00 |
| Investing Cash Flow | - | - | - | - | - | - | - | - | - | - |
Retained Earning Schedule
| Year | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 |
|---|---|---|---|---|---|---|---|---|---|---|
| Retained Earnings (Previous Year) | - | 71,233 | 60,849 | 60,520 | 62,843 | 72,497 | 75,024 | 88,219 | 101,225 | 113,816 |
| Net Income | 6,276 | -2,238 | 1,446 | 4,188 | 11,431 | 5,520 | 15,910 | 17,822 | 18,232 | 28,147 |
| Stock Dividends | 69,820 | -6,384 | -37 | 44 | -100 | -687 | 859 | -622 | 59 | 1,246 |
| Divident Paid | -4,863 | -1,762 | -1,738 | -1,909 | -1,677 | -2,306 | -3,574 | -4,194 | -5,700 | -6,895 |
| Retained Earnings | 71,233 | 60,849 | 60,520 | 62,843 | 72,497 | 75,024 | 88,219 | 101,225 | 113,816 | 136,314 |
PPE Schedule
| Year | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 |
|---|---|---|---|---|---|---|---|---|---|---|
| Year | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 |
| Gross PPE | - | 15,500 | 14,306 | 13,637 | 11,858 | 10,475 | 10,049 | 9,485 | 9,139 | 9,247 |
| Annual Depreciation | 17,740 | -207 | 638 | -1,784 | -1,383 | -426 | -564 | -346 | 108 | 659 |
| Capital Expenditure | -2,240 | -987 | -1,307 | 5 | - | - | - | - | - | - |
| Net PPE | 15,500 | 14,306 | 13,637 | 11,858 | 10,475 | 10,049 | 9,485 | 9,139 | 9,247 | 9,906 |
Intangible and Goodwill Schedule
| Year | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 |
|---|---|---|---|---|---|---|---|---|---|---|
| Intangible and Goodwill (Previous Year) | - | 118,114 | 98,961 | 85,498 | 82,511 | 80,470 | 77,919 | 76,616 | 71,716 | 68,951 |
| New Purchases | 117,115 | -33,818 | 52,099 | -37,463 | 25,546 | -5,756 | -55,865 | -62,693 | -59,952 | -69,482 |
| Intangible and Goodwill | 118,114 | 98,961 | 85,498 | 82,511 | 80,470 | 77,919 | 76,616 | 71,716 | 68,951 | 68,951 |
Bank of America Corporation (BAC)
34.45
0.02 (+0.04%)
About
Bank of America Corporation is a bank holding and a financial holding company. The company provides financial products and services to people, companies and institutional investors.