Bank of America Corporation | Large-cap | Financial Services
$19.59
0.67%
| Bank of America Stock Comparison:
Bank of America vs JPMorgan ChaseBank of America vs Bank of AmericaBank of America vs Royal Bank of CanadaBank of America vs CitigroupBank of America vs Toronto-DominionBank of America vs S&P 500 | Market
Overview Income Statement Balance Sheet Cash Flow Key Ratios Peer Comparison

Financial Overview

Latest Annual: 2024

Income Metrics

Revenue 101.9B
Net Income 27.1B 26.63%

Balance Sheet Metrics

Total Assets 3.3T
Total Liabilities 3.0T
Shareholders Equity 295.6B
Debt to Equity 10.04

Cash Flow Metrics

Operating Cash Flow -15.8B
Free Cash Flow -8.8B

Revenue & Profitability Trend

Bank of America Income Statement From 2020 to 2024

Metric 2024 2023 2022 2021 2020
Revenue 101.9B 98.6B 95.0B 89.1B 85.5B
Cost of Goods Sold - - - - -
Gross Profit - - - - -
Research & Development - - - - -
Selling, General & Administrative 49.6B 47.7B 45.9B 45.0B 41.2B
Other Operating Expenses -49.6B -47.7B -45.9B -45.0B -41.2B
Total Operating Expenses 0 0 0 0 0
Operating Income - - - - -
Pre-tax Income 29.3B 28.3B 31.0B 34.0B 19.0B
Income Tax 2.1B 1.8B 3.4B 2.0B 1.1B
Net Income 27.1B 26.5B 27.5B 32.0B 17.9B
EPS (Diluted) - - - - -

Income Statement Trend

Bank of America Balance Sheet From 2020 to 2024

Metric 2024 2023 2022 2021 2020
Assets
Current Assets - - - - -
Non-Current Assets - - - - -
Total Assets 3.3T - - - -
Liabilities
Current Liabilities - - - - -
Non-Current Liabilities - - - - -
Total Liabilities 3.0T - - - -
Equity
Total Shareholders Equity 295.6B 291.6B 273.2B 270.1B 272.9B

Balance Sheet Composition

Bank of America Cash Flow Statement From 2020 to 2024

Metric 2024 2023 2022 2021 2020
Operating Activities
Net Income 27.1B 26.5B 27.5B 32.0B 17.9B
Operating Cash Flow -15.8B 58.3B -33.9B -25.1B 27.4B
Investing Activities
Capital Expenditures - - - - -
Investing Cash Flow -52.6B -9.5B 79.5B -313.2B -193.5B
Financing Activities
Dividends Paid -9.5B -9.1B -8.6B -8.1B -7.7B
Financing Cash Flow -29.1B 11.6B 24.8B 678.0M -10.1B
Free Cash Flow -8.8B 45.0B -6.3B -7.2B 38.0B

Cash Flow Trend

Bank of America Key Financial Ratios

Valuation Ratios

P/E Ratio (TTM) 5.40
Price to Book 0.52
Price to Sales 1.43

Profitability Ratios

Profit Margin 28.58%
Operating Margin 31.35%
Return on Equity 9.46%
Return on Assets 0.84%

Financial Health

Debt to Equity 2.62
Beta 1.31

Per Share Data

EPS (TTM) $3.51
Book Value per Share $36.39
Revenue per Share $12.52

Peer Financial Comparison

Company Market Cap P/E Ratio P/B Ratio ROE Profit Margin Debt/Equity
bac.pr.s 145.6B 5.40 0.52 9.46% 28.58% 2.62
JPMorgan Chase 773.3B 13.65 2.33 17.35% 35.38% 3.06
Bank of America 342.7B 13.58 1.25 9.46% 28.58% 2.62
Royal Bank of Canada 181.0B 14.04 1.48 14.35% 31.33% 2.68
Citigroup 148.2B 12.54 0.76 6.44% 18.62% 3.76
Toronto-Dominion 123.0B 10.11 1.00 14.60% 27.93% 2.85

Financial data is updated regularly. All figures are in the company's reporting currency.