And the median was 4.75% per year. The share count that we are using is 7496. If you do not, click Cancel. The detailed multi-page Analyst report does an even deeper dive on the company's vital statistics. Its book value per share for the quarter that ended in Sep. 2022 was Book Value Per Share: The amount of equity available to shareholders expressed on a per common share basis. The price-to-book (P/B) ratio evaluates a firm's market value relative to its book value. Bank of New York Mellon Price to Book Value: 0.9920 for Dec. 6, 2022. Backlinks from other websites are the lifeblood of our site and a primary source of new traffic. Book Value per Share (B/S) can be calculated by subtracting liabilities from assets, and then dividing it by the total number of currently outstanding shares. Trading for their own accounts as dealers in various financial derivatives markets exposes banks to potentially large-scale losses, something investors have decided to take into full consideration when valuing bank stocks. Calculated as: Total Shareholders Equity / Common Shares This suggests a BofA CEO Moynihan on short list to replace Yellen, Gaparino says via Twitter, BofA Names Jim Morehead President of Seattle, Bank of America Corp. stock outperforms competitors despite losses on the day. Book Value (Per Share) is a widely used stock evaluation measure. Real time prices by BATS. The monthly returns are then compounded to arrive at the annual return. As banks grow larger and expand into nontraditional financial activities, especially trading, their risk profiles become multidimensional and more difficult to construct, increasing business and investment uncertainties. Proprietary trading in banks can lead to substantial profits, but trading, particularly derivatives, comes with significant amounts of risk, often through leverage, that must be taken into consideration when evaluating a bank. View daily, weekly or monthly format back to when Bank of America Corporation stock was issued. This page has not been authorized, sponsored, or otherwise approved or endorsed by the companies represented herein. If you do not, click Cancel. These stratospheric numbers in potential trading losses dwarf their total market caps at the time of $377 billion and $129 billion for the two banks, respectively. Zacks Style Scores Education - Learn more about the Zacks Style Scores. WebBank Of America Book Value Per Share is currently at 26.41 X. BofA CEO Moynihan on short list to replace Yellen, Gaparino says via Twitter, BofA Names Jim Morehead President of Seattle, Bank of America Corp. stock outperforms competitors despite losses on the day. The current price to book ratio for Bank Of To find the equity, you should subtract the companys liabilities from its assets. If you use our datasets on your site or blog, we ask that you provide attribution via a "dofollow" link back to this page. Please subscribe to continue using the site. Bank of America's current price is $32.38. Investopedia requires writers to use primary sources to support their work. We also reference original research from other reputable publishers where appropriate. This includes personalizing content and advertising. If you are already subscribed, please Log In. The Price to Sales ratio or P/S is calculated as price divided by sales for the past 12 months. Stock : USD 36.18 0.31 0.86% Only Zacks Rank stocks included in Zacks hypothetical portfolios at the beginning of each month are included in the return calculations. 7:58 PM ET. 255.00. Please check your download folder. To learn more, click here. B of A Book Value Per Share is currently at 30.22 X. The Price to Tangible Book Value ratio (PTBV) expresses share price as a proportion of the company's tangible book value reported on the company's balance sheet. Bank Of America fundamental comparison: Book Value Per Share vs EBITDA. YCharts. An above-one P/B ratio means the stock is being valued at a premium in the market to equity book value, whereas a below-one P/B ratio means the stock is being valued at a discount to equity book value. The book value per share is the minimum cash value of a company and its equity for common shareholders. By clicking Accept All Cookies, you agree to the storing of cookies on your device to enhance site navigation, analyze site usage, and assist in our marketing efforts. How good is it? All Other comprises ALM activities, equity investments, the international consumer card business, liquidating businesses, etc. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply. Book Value Per Share: The amount of equity available to shareholders expressed on a per common share basis. Global Banking, including Global Corporate Banking, Global Commercial Banking, Business Banking and Global Investment Banking, provides lending-related products and services, integrated working capital management and treasury solutions, and underwriting and advisory services. The book value per share is a company's book value for every common share outstanding. By dividing book value by the total number of shares outstanding, you can find book value per share. Global Wealth & Investment Management, comprising Merrill Lynch Global Wealth Management and U.S. Trust, Bank of America Private Wealth Management, offers wealth structuring, trust and banking needs and specialty asset management services. WebBank Of America fundamental comparison: Book Value Per Share vs EBITDA. This is presumably the main reason why bank stocks tend to be conservatively valued by investors who must be concerned about a bank's hidden risk exposures. The P/B ratio can be above or below one, depending on whether a stock is trading at a price more than or less than equity book value per share. NYSE and AMEX data is at least 20 minutes delayed. However, trading activities present inherent risk exposures and could quickly turn to the downside. The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank. A bank's investments in trading account assets can reach hundreds of billions of dollars, taking a large chunk out of its total assets. Bank of America's book value per share for the quarter that ended in Jun. This dedication to giving investors a trading advantage led to the creation of our proven Zacks Rank stock-rating system. Zacks Rank Education -- Learn more about the Zacks Rank Historical price to book ratio values for Bank Of America (BAC) over the last 10 years. The Zacks Equity Research reports, or ZER for short, are our in-house, independently produced research reports. To learn more, click here. On average, they predict the company's share price to reach $44.15 in the next twelve months. Each of the company logos represented herein are trademarks of Microsoft Corporation; Dow Jones & Company; Nasdaq, Inc.; Forbes Media, LLC; Investor's Business Daily, Inc.; and Morningstar, Inc. WebView Price to Tangible Book Value for BAC. Many banks rely on trading operations to boost core financial performance, with their annual dealer trading account profits all in the billions. While trading mostly derivatives can generate some of the biggest profits for banks, it also exposes them to potentially catastrophic risks. The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. Price to Bank of America Corp. is one of the largest financial holding companies in the U.S. Each of the company logos represented herein are trademarks of Microsoft Corporation; Dow Jones & Company; Nasdaq, Inc.; Forbes Media, LLC; Investor's Business Daily, Inc.; and Morningstar, Inc. Please check your download folder. It also includes an industry comparison table to see how your stock compares to its expanded industry, and the S&P 500. Bank Of America Book Value Per Share 2010-2022 | BAC. Backlinks from other websites are the lifeblood of our site and a primary source of new traffic. Please check your download folder. If you wish to go to ZacksTrade, click OK. In depth view into Bank of America Book Value per Share explanation, calculation, historical data and more Book value per share can be defined as the amount of equity available to shareholders expressed ", Office of the Comptroller of the Currency. The calculation of its book value per share is: $15,000,000 Stockholders' equity - $3,000,000 Preferred stock 2,000,000 Average shares outstanding = $6.00 Book value per share. Bank stocks are notorious for trading at prices below book value per share, even when a bank's revenue and earnings are on the rise. If you wish to go to ZacksTrade, click OK. These returns cover a period from January 1, 1988 through September 12, 2022. If you are already subscribed, please Log In. Of course, many of these derivatives positions offset each other, but a careful analysis should be undertaken nonetheless. Book Value per Share (B/S) can be calculated by subtracting liabilities from assets, and then dividing it by the total number of currently outstanding shares. In other words, a shareholder can use this Historical price to book ratio values for Bank Of America (BAC) over the last 10 years. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score. The scores are based on the trading styles of Value, Growth, and Momentum. Only Zacks Rank stocks included in Zacks hypothetical portfolios at the beginning of each month are included in the return calculations. Price to Book Value Range, Past 5 Years. Visit Performance Disclosure for information about the performance numbers displayed above. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating indiv idual securities. Zacks Investment Research is releasing its prediction for BAC based on the 1-3 month trading system that more than doubles the S&P 500. An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's. United States; Sign In; New Price/Book Ratio. Book Value Per Share: The amount of equity available to shareholders expressed on a per common share basis. Bank of America (BAC) Fundamental Charts Book Value (Per Share), Bank of America (BAC) Stock Sinks As Market Gains: What You Should Know, Citigroup (C) Gives Q4 Outlook, Robust Trading to Offset Weak IB, Bank Stocks Tumble as CEOs Warn of Looming Recession in 2023, The Zacks Analyst Blog Highlights Bank of America, T-Mobile US, ConocoPhillips, Starbucks and Sysco, Top Research Reports for Bank of America, T-Mobile & ConocoPhillips, Most Active Equity Options For Midday - Friday, Dec. 9. Problems with Book Value per Share. The book value is The current price to book ratio for Bank Of America as of December 09, 2022 is 1.08. Global Markets offers sales & trading, market-making, financing, securities clearing, settlement and custody, and risk-management services. WebThe current price to book ratio for Citigroup as of December 09, 2022 is 0.48. Book Value per Share (B/S) can be calculated by subtracting liabilities from assets, and then dividing it by the total The book value is essentially the tangible accounting value of a firm compared to the market value that is shown. "Bank Of America Market Cap.". 5 Big Investors Betting on CSCO Stock. The price-to-book (P/B) ratio is applied with a bank's stock price compared to equity book value per share, meaning that the ratio looks at a company's market cap in comparison to its book value. In other words, a shareholder can Book value per share is a good measure to value bank stocks. The Zacks Equity Research reports, or ZER for short, are our in-house, independently produced research reports. Including the Zacks Rank, Zacks Industry Rank, Style Scores, the Price, Consensus & Surprise chart, graphical estimate analysis and how a stocks stacks up to its peers. If you use our chart images on your site or blog, we ask that you provide attribution via a "dofollow" link back to this page. WebPrice to book value is a valuation ratio that is measured by stock price / book value per share. Find the latest Book Value (Per Share) for Bank of America (BAC) "Latest Financial Results. ", YCharts. ", Bank of America. Book Value per Share (B/S) can be calculated by subtracting liabilities from assets, and then dividing it by the total One reason for this was that Wells Fargo was relatively less focused on trading activities than its peers, potentially reducing its risk exposures. Read full definition. The past year's Book Value per Share was at 31.80. "Citigroup Price to Book Value. * indicates the important links in the menu, After-Market: Despite being partly responsible for the extent of the 2008 market crash, banking regulation has been minimized over the past few years, leading banks to take on increasing risks, expand their trading books, and leverage their derivatives positions. She has been working in the financial planning industry for over 20 years and spends her days helping her clients gain clarity, confidence, and control over their financial lives. B of A Book Value Per Share is currently at 29.96 X. The book value is essentially the tangible accounting value of a firm compared to the market value that is shown. Jay Wei has 20+ years of experience as an investment and financial writer. Upgrade now. Their BAC share price forecasts range from $33.00 to $64.00. View 4,000+ Financial Data Types: Add. Please refer to the Stock Price Adjustment Guide for more information on our historical prices. Its stated book value per common share was $32.03 and tangible book value per common share was $26.95 at the end of the second quarter. In addition to all of the proprietary analysis in the Snapshot, the report also visually displays the four components of the Zacks Rank (Agreement, Magnitude, Upside and Surprise); provides a comprehensive overview of the company business drivers, complete with earnings and sales charts; a recap of their last earnings report; and a bulleted list of reasons to buy or sell the stock. You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. If you use our chart images on your site or blog, we ask that you provide attribution via a "dofollow" link back to this page. Price-FCF Ratio. Book Value per Share (B/S) can be calculated by subtracting liabilities from assets, and then dividing it by the total number of currently outstanding shares. These returns cover a period from January 1, 1988 through September 12, 2022. Book Value Per Share: The amount of equity available to shareholders expressed on a per common share basis. We use cookies to understand how you use our site and to improve your experience. WebBank Of America Book Value Per Share is currently at 30.22 X. This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. 7:58 PM ET. We have provided a few examples below that you can copy and paste to your site: Your data export is now complete. Book value per share can be defined as the amount of equity available to shareholders expressed on a per common share basis. Price-to-Book (PB) Ratio: Meaning, Formula, and Example, Book Value Defined: Meaning, Formula, and Examples, Russell 2000 Index Definition and Key Metrics, Mutual Funds: Different Types and How They Are Priced, Capital One Financial Price to Book Value, Quarterly Report on Bank Trading and Derivatives Activities. It indicates the level of safety associated with each common share after removing the effects of liabilities. It indicates the level of safety associated with each common share after removing the effects of liabilities. Bank of America Corp (BAC) View Book Value (Per Share) for BAC. Bank of America Corp (BAC) 32.75-0.25 (-0.76%) Price to book value is a valuation ratio that is measured by stock price / book value per share. In other words, a shareholder can United States; Sign In; New Account; About Macroaxis; Solutions; Settings; Plans & Pricing; Night Mode ; Day Mode ; Home; Sign In; BAC - USA Stock : USD 42.84 0.06 0.14% : Figures for fiscal quarter ending 2022-09-30, Weighted-Average Shares Outstanding (Basic), Weighted-Average Shares Outstanding (Diluted), Loan Loss Reserves / Non-Performing Loans. For instance, Capital One Financial (COF) and Citigroup (C) had P/B ratios of 0.99 and 0.71, respectively, as of the end of 2021. It has 5 business units: Consumer Banking, comprising Deposits & Consumer Lending businesses, provides credit, banking and investment products and services. Banks and other financial companies may have attractive price-to-book ratios, putting them on the radar for some value investors. 2. Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F. As an investor, you want to buy stocks with the highest probability of success. However, upon closer inspection, one should pay attention to the enormous amount of derivatives exposure that these banks carry. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. Calculated as: Total Shareholders Equity / Common Shares Outstanding. NYSE and AMEX data is at least 20 minutes delayed. This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. If you use our datasets on your site or blog, we ask that you provide attribution via a "dofollow" link back to this page. All Other comprises ALM activities, equity investments, the international consumer card business, liquidating businesses, etc. The detailed multi-page Analyst report does an even deeper dive on the company's vital statistics. BANK OF AMERICA Book Value Per Share is currently at 26.41 X. Calculated as: Total Shareholders Equity / Common Shares Book value reveals how much the company is worth if it were liquidated and all assets were sold for cash. Global Banking, including Global Corporate Banking, Global Commercial Banking, Business Banking and Global Investment Banking, provides lending-related products and services, integrated working capital management and treasury solutions, and underwriting and advisory services. Book Value per Share (B/S) can be calculated by subtracting liabilities from assets, and then dividing it by the total number of currently outstanding shares. "Capital One Financial Price to Book Value. The price to book (P/B) ratio is used to compare a company's market cap to its book value. You can learn more about the standards we follow in producing accurate, unbiased content in our. Bank of America Corporation (BAC) had Book Value Per Share of $33.59 for the most recently reported fiscal quarter, ending 2022-09-30. * indicates the important links in the menu, After-Market: Visit www.zacksdata.com to get our data and content for your mobile app or website. Delayed quotes by Sungard. It indicates the level of safety associated with each common share after removing the effects of liabilities. WebB of A Book Value Per Share is currently at 30.22 X. The book value is the difference between total assets and liabilities. Analyze Bank Of America Book Value This page has not been authorized, sponsored, or otherwise approved or endorsed by the companies represented herein. Tip: Click on any fundamental metric to view a historical chart of that value. In depth view into Bank of America Book Value (Per Share) including historical data from 1973, charts and stats. Current and historical book value per share for Bank Of America (BAC) from 2010 to 2022. The Russell 2000 Index measures the performance of the 2,000 smaller stocks that are listed in the Russell 3000 Index. BVPS = ( 166,542 0 ) / 7496. Bank of America (BAC) Fundamental Charts 12 Month EPS, Bank of America (BAC) Stock Sinks As Market Gains: What You Should Know, Citigroup (C) Gives Q4 Outlook, Robust Trading to Offset Weak IB, Bank Stocks Tumble as CEOs Warn of Looming Recession in 2023, The Zacks Analyst Blog Highlights Bank of America, T-Mobile US, ConocoPhillips, Starbucks and Sysco, Top Research Reports for Bank of America, T-Mobile & ConocoPhillips, Most Active Equity Options For Midday - Friday, Dec. 9. An asset's book value is equal to its carrying value on the balance sheet, and companies calculate it by netting the asset against its accumulated depreciation. ", YCharts. This includes personalizing content and advertising. 2022 was $29.87.. During the past 12 months, Bank of America's average Book Value Per Share Growth Rate The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. Zacks Industry Rank Education -- Learn more about the Zacks Industry Rank. Bank Of America book value per share for the three months ending September 30, 2022 was. You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. The offers that appear in this table are from partnerships from which Investopedia receives compensation. Tip: Click on any fundamental metric to view a historical chart of that value. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating indiv idual securities. For a limited time, all new subscriptions begin with a one week free trial! United States; Sign In; New Account; About Macroaxis; Solutions; Settings; Plans & Pricing; Night Mode; Day Mode BAC. WebBook value per share can be defined as the amount of equity available to shareholders expressed on a per common share basis. NASDAQ data is at least 15 minutes delayed. The lowest was -21.80% per year. Faced with such a magnitude of risk uncertainty, investors are best served to discount any earnings coming out of a bank's derivatives trading. BAC 37.72 +0.11(0.29%) $32.37 Book Value per Share (B/S) can be calculated by subtracting liabilities from assets, and then dividing it by the total number The scores are based on the trading styles of Value, Growth, and Momentum. Zacks Style Scores Education - Learn more about the Zacks Style Scores. An above-one P/B ratio means the stock is being valued at a premium in the market to equity book value, whereas a below-one P/B ratio means the stock is being valued at a discount to equity book value. Real time prices by BATS. In depth view into Bank of America Book Value per Share explanation, calculation, historical data and more The alternative of comparing a stock's price to earnings, or price-to-earnings (P/E) ratio, may produce unreliable valuation results, as bank earnings can easily swing back and forth in large variations from one quarter to the next due to unpredictable, complex banking operations. It also includes an industry comparison table to see how your stock compares to its expanded industry, and the S&P 500. Sep '18. For Q4 2021, Bank of America (BAC) recorded its equity trading revenue at $1.4 billion, while its fixed-income trading revenue was $1.6 billion over the same period. Read full definition. Zacks Rank stock-rating system returns are computed monthly based on the beginning of the month and end of the month Zacks Rank stock prices plus any dividends received during that particular month. It indicates the level of safety associated with each common share after removing the effects of liabilities. Researching stocks has never been so easy or insightful as with the ZER Analyst and Snapshot reports. The ever popular one-page Snapshot reports are generated for virtually every single Zacks Ranked stock. ZacksTrade and Zacks.com are separate companies. Net Worth. Find the latest Book Value (Per Share) for Bank of America (BAC) He currently works with JW Investments as a principal. -0.01 (-0.03%) Now, we will get our result by plugging all the numbers into the formula. Including the Zacks Rank, Zacks Industry Rank, Style Scores, the Price, Consensus & Surprise chart, graphical estimate analysis and how a stocks stacks up to its peers. JPMorgan Chase book value per share for the three months ending September 30, 2022 was $98.19 . "Quarterly Report on Bank Trading and Derivatives Activities,", Macrotrends. Bank Of America Book Value Per Share is currently at 29.96 X. Your free access has expired. Book Value, per share, reveals the current state of the company and ignores future growth potential. Certain Zacks Rank stocks for which no month-end price was available, pricing information was not collected, or for certain other reasons have been excluded from these return calculations. Zacks Ranks stocks can, and often do, change throughout the month. "Wells Fargo Price to Book Value. The ever popular one-page Snapshot reports are generated for virtually every single Zacks Ranked stock. Researching stocks has never been so easy or insightful as with the ZER Analyst and Snapshot reports. We have provided a few examples below that you can copy and paste to your site: Your data export is now complete. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service. Tangible book value is calculated by subtracting And Why You Should Too. Current and historical book value per share for Bank Of America (BAC) from 2010 to 2022. Copyright 2022 Zacks Investment Research | 10 S Riverside Plaza Suite #1600 | Chicago, IL 60606. Moreover, trading investments are only part of a bank's total risk exposures when banks can leverage their derivatives trading to almost unimaginable amounts and keep them off the balance sheets. 240.00. Companies that have large trading activities usually have P/B ratios below one, because the ratio takes into consideration the inherent risks of trading. Zacks Investment Research is releasing its prediction for BAC based on the 1-3 month trading system that more than doubles the S&P 500. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style. Certain Zacks Rank stocks for which no month-end price was available, pricing information was not collected, or for certain other reasons have been excluded from these return calculations. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style. Despite being partly responsible for the extent of the 2008 market crash, banking regulation has been minimized over the past few years, leadi Book Value per Share (B/S) can be calculated by subtracting liabilities from assets, and then dividing it by the total number Bank Of America fundamental comparison: Book Value Per Share vs EBITDA. This compensation may impact how and where listings appear. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score. It's packed with all of the company's key stats and salient decision making information. Your free access has expired. Zacks Ranks stocks can, and often do, change throughout the month. Visit www.zacksdata.com to get our data and content for your mobile app or website. BAC Book Value per Share as of today (September 03, 2022) is $29.87. Using the Price-to-Book (P/B) Ratio to Evaluate Companies, How Buybacks Warp the Price-to-Book Ratio, The Comparables Approach to Equity Valuation. WebDiscover historical prices for BAC stock on Yahoo Finance. And Why You Should Too. By dividing book value by the total number of shares outstanding, you can find book value per share. See rankings and related performance below. For a limited time, all new subscriptions begin with a one week free trial! Zacks Rank Education - Learn about the Zacks Rank, Zacks Rank Home - Zacks Rank resources in one place, Zacks Premium - The only way to fully access the Zacks Rank. NASDAQ data is at least 15 minutes delayed. Anyone using this measure should be aware of two issues, which are noted below. $32.37 A simple, equally-weighted average return of all Zacks Rank stocks is calculated to determine the monthly return. Global Wealth & Investment Management, comprising Merrill Lynch Global Wealth Management and U.S. Trust, Bank of America Private Wealth Management, offers wealth structuring, trust and banking needs and specialty asset management services. Bank Of America Price to Book Ratio 2010-2022 | BAC. At the center of everything we do is a strong commitment to independent research and sharing its profitable discoveries with investors. This provides a comparison of share price to assets and liabilities rather than earnings, which can fluctuate more often, particularly through trading activities. Jan '19. Zacks Rank stock-rating system returns are computed monthly based on the beginning of the month and end of the month Zacks Rank stock prices plus any dividends received during that particular month. 270.00. The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. Bank stocks tend to trade at prices below their book value per share as the prices take into consideration the increased risks from a bank's trading activities. An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's. Since 1988 it has more than doubled the S&P 500 with an average gain of +24.51% per year. Please subscribe to continue using the site. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%. Faced with such a magnitude of risk uncertainty, investors are best served to discount any earnings coming out of a bank's derivatives trading. WebBank Of America fundamental comparison: Book Value Per Share vs Cash per Share. We have provided a few examples below that you can copy and paste to your site: Your image export is now complete. The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank. A book is a record of all the positions that a trader is holding, showing the quantity of longs and shorts in each security. Bank Of America fundamental comparison: Book Value Per Share vs EBITDA. Book Value (Per Share) is a widely used stock evaluation measure. We use cookies to understand how you use our site and to improve your experience. WebBank Of America Book Value Per Share is currently at 30.22 X. A mutual fund is an investment vehicle consisting of a portfolio of stocks, bonds, or other securities, overseen by a professional money manager. A simple, equally-weighted average return of all Zacks Rank stocks is calculated to determine the monthly return. This dedication to giving investors a trading advantage led to the creation of our proven Zacks Rank stock-rating system. In other words, a shareholder can The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%. Global Markets offers sales & trading, market-making, financing, securities clearing, settlement and custody, and risk-management services. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style. Wells Fargo & Co. (WFC) in 2021 saw its stock trading at a premium due to its equity book value per share, with a P/B ratio of 1.24 at the end of 2021. WebBank Of America Book Value Per Share is currently at 29.96 X. It indicates the level of safety associated with each common share after removing the effects of liabilities. Performing due diligence means thoroughly checking the financials of a potential financial decision. Using book value per share, the valuation is referenced to equity that has less ongoing volatility than quarterly earnings in terms of percentage changes because equity has a much larger base, providing a more stable valuation measurement. BAC 36.86 -0.84(-2.23%) Will BAC be a Portfolio Killer in November? It's packed with all of the company's key stats and salient decision making information. These include white papers, government data, original reporting, and interviews with industry experts. Here's how to do due diligence for individual stocks. Calculated as: Total Shareholders Equity / Common Shares Outstanding. Bank of America Corporation (BAC) had Book Value Per Share of $33.43 for the most recently reported fiscal year, ending 2021-12-31. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply. Please check your download folder. Find out all the key statistics for Bank of America Corporation (BAC), including valuation measures, fiscal year financial statistics, trading record, share statistics and more. Zacks Rank Education -- Learn more about the Zacks Rank Marguerita is a Certified Financial Planner (CFP), Chartered Retirement Planning Counselor (CRPC), Retirement Income Certified Professional (RICP), and a Chartered Socially Responsible Investing Counselor (CSRIC). Book Value per Share (B/S) can be calculated by subtracting liabilities from assets, and then dividing it by the total number of currently outstanding shares. Copyright 2022 Zacks Investment Research | 10 S Riverside Plaza Suite #1600 | Chicago, IL 60606. BAC Book Value per Share as of today (August 12, 2022) is $29.87. The monthly returns are then compounded to arrive at the annual return. In addition to all of the proprietary analysis in the Snapshot, the report also visually displays the four components of the Zacks Rank (Agreement, Magnitude, Upside and Surprise); provides a comprehensive overview of the company business drivers, complete with earnings and sales charts; a recap of their last earnings report; and a bulleted list of reasons to buy or sell the stock. It has 5 business units: Consumer Banking, comprising Deposits & Consumer Lending businesses, provides credit, banking and investment products and services. At the center of everything we do is a strong commitment to independent research and sharing its profitable discoveries with investors. -0.01 (-0.03%) The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. 5 Big Investors Betting on CSCO Stock. Delayed quotes by Sungard. Investopedia does not include all offers available in the marketplace. Price to book value is a valuation ratio that is measured by stock price / book value per share. We can find the outstanding shares at the bottom of the income statement or the beginning of the 10-k or 10-q. ZacksTrade and Zacks.com are separate companies. Learn more about Zacks Equity Research reports. Visit Performance Disclosure for information about the performance numbers displayed above. Learn more about Zacks Equity Research reports. After the P/E ratio, it's one of the most common valuation metrics. Zacks Rank Education - Learn about the Zacks Rank, Zacks Rank Home - Zacks Rank resources in one place, Zacks Premium - The only way to fully access the Zacks Rank. Please refer to the Stock Price Adjustment Guide for more information on our historical prices. To find book value, add up everything the company owns in terms of assets, then subtract everything the company owes, such as debts and other liabilities. In other words, a shareholder can Since 1988 it has more than doubled the S&P 500 with an average gain of +24.51% per year. We have provided a few examples below that you can copy and paste to your site: Your image export is now complete. Figures for fiscal year ending 2021-12-31, Weighted-Average Shares Outstanding (Basic), Weighted-Average Shares Outstanding (Diluted), Loan Loss Reserves / Non-Performing Loans. How good is it? Preferred equity is money owed to preferred shareholders that have an invested stake in the company and are paid dividends first at a fixed rate. Price to Book Value per Share Ratio. See rankings and related performance below. 285.00. May '19 . The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. B of A Book Value per Share is projected to increase based on the last few years of reporting. Bank of America Corp. is one of the largest financial holding companies in the U.S. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style. Zacks Industry Rank Education -- Learn more about the Zacks Industry Rank. For example, at the end of 2021, Bank of America had total derivatives risk exposure of more than $30 trillion, and Citigroup had more than $47 trillion. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service. Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F. As an investor, you want to buy stocks with the highest probability of success. BVPS = ( Total Equity Preferred Stock / Shares Outstanding. 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