Please check your download folder. Current ratio is measured by current assets/current liabilities. For all future releases . . NEO | Please enter Portfolio Name for new portfolio. Your home's equity is the difference between the appraised value of your home and your current mortgage balance. View and export this data back to 1992. Bank of America has operations in several countries. Start your Free Trial. Bank Of America current ratio for the three months ending September 30, 2022 was . The PE Ratio, or Price-to-Earnings ratio, or P/E Ratio, is a financial ratio used to compare a company's market price to its Earnings per Share (Diluted).As of today (2022-10-25), Bank of America's share price is USD35.39.Bank of America's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Data source: Company press releases. All Other comprises ALM activities, equity investments, the international consumer card business, liquidating businesses, etc. The Secured Overnight Financing Rate (SOFR) is a broad measure of the cost of borrowing cash overnight collateralized by Treasury securities. USD | Bank of America's consumer-facing lines of business include its network of branches and deposit-gathering operations, home mortgage lending, vehicle lending, credit and debit cards, and small-business services. Dec 09, 16:00. Tons of financial metrics for serious investors. 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. Current Ratio 0.81: Quick Ratio - Cash Ratio . 100 North Tryon Street, Bank of America Corporate Center, Charlotte, NC, USA, 28255. Past performance is a poor indicator of future performance. Please enter Portfolio Name for new portfolio. . Bank of America Corp. balance sheet, income statement, cash flow, earnings & estimates, ratio and margins. Current Ratio Chart. GuruFocus does not calculate Current Ratio for banks and insurance companies. Bank of America Current Ratio. Current Ratio Chart. At December 31, 2020 and 2019, the . The company is adding five new members, including three women, to the senior management team, further strengthening diversity at . The SOFR includes all trades in the Broad General Collateral Rate plus bilateral Treasury repurchase agreement (repo) transactions cleared through the Delivery-versus-Payment (DVP) service offered by the . September 10, 2021 at 8:04 AM Eastern. Current ratio is measured by current assets/current liabilities. The price to earnings ratio is calculated by taking the latest closing price and dividing it by the most recent earnings per share (EPS) number. Date Value; June 30, 2022-- The information on this site is in no way guaranteed for completeness, accuracy or in any other way. BAC Current Ratio as of today (October 22, 2022) is . Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. Jan '19. Access 4000+ stock metrics covering valuations, financials, risk, returns and more. Bank of America Corp (BAC) . Only PremiumPlus Member can access this feature. The company's Merrill Lynch operations provide brokerage and wealth-management services, as does U.S. Trust private bank. . . Please refer to the Stock Price Adjustment Guide for more information on our historical prices. 100% free, no signups. Bank of America Current Ratio View and export this data going back to 1973. Start My Free Trial No credit card required. Click here to check it out. Purchase price * $. Bank of America Corp. is one of the largest financial holding companies in the U.S. Global Markets offers sales & trading, market-making, financing, securities clearing, settlement and custody, and risk-management services. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. For example, say your home's appraised value is $200,000. 240.00. companies: 7,105 total market cap: $83.063 T. Global ranking; Ranking by countries. The PE ratio is a simple way to assess whether a stock is over or under valued and is the most widely used valuation measure. View BAC financial statements in full. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. 255.00. Start My Free Trial View and export this data going back to 1973. The below credit ratings are provided for . An attractive current ratio shows that a company's . PS Ratio Chart. Bank of America's consumer-facing lines of business include its network of branches and deposit-gathering operations, home mortgage lending, vehicle lending, credit and debit cards, and small-business services. Current Quarter EPS Consensus Estimate: . Average Interest Earning Assets (USD Mil), Capital Adequacy Tier - Total Capital Ratio %, Float Percentage Of Total Shares Outstanding, Net Income Including Noncontrolling Interests, Accounts Payable & Accrued Expense for Financial Companies, Accumulated other comprehensive income (loss), Cash, Cash Equivalents, Marketable Securities, Long-Term Debt & Capital Lease Obligation, Other Liabilities for Insurance Companies, Short-Term Debt & Capital Lease Obligation, Cash From Discontinued Investing Activities, Cash from Discontinued Operating Activities, Cash Payments for Deposits by Banks and Customers, Cash Receipts from Deposits by Banks and Customers, Cash Receipts from Securities Related Activities, Other Cash Payments from Operating Activities, Other Cash Receipts from Operating Activities, Payments to Suppliers for Goods and Services. We have provided a few examples below that you can copy and paste to your site: Your image export is now complete. Within Commercial Banks industry Bank Of America Corporation booked the highest Quick Ratio than Bank Of America in the third quarter 2022. . 100 North Tryon Street, Bank of America Corporate Center, Charlotte, NC, USA, 28255. Through Bank of America, you can generally borrow up to 85% of the value of your home minus the amount you still owe. Through Bank of America, you can generally borrow up to 85% of the value of your home minus the amount you still owe. Please check your download folder. No credit card required. Today's low mortgage rates . BACRP.PFD (Bank of America) Current Ratio as of today (November 02, 2022) is . The average daily reserve balance requirements, in excess of vault cash, maintained by the Corporation with the Federal Reserve Bank were $3.8 billion for 2020, reflecting the Federal Reserve's reduction of the reserve requirement to zero in the first quarter due to COVID-19, and $14.6 billion for 2019. Current ratio can be defined as a liquidity ratio that measures a company's ability to pay short-term obligations. CAD | Bank of New York Mellon ( BK 0.27%) 8.2%. ZIP code *. It has 5 business units: Consumer Banking, comprising Deposits & Consumer Lending businesses, provides credit, banking and investment products and services. In depth view into LIM:BAC Current Ratio explanation, calculation, historical data and more This metric measures how well a company is able to pay short-term liabilties that are on its balance sheet. Historical Current Ratio Data. 270.00. This metric measures how well a company is able to pay short-term liabilties that are on its balance sheet. Bank Of America PE ratio as of December 09, 2022 is 10.25. View and export this data going back to 2015. P/E ratio as of December 2022 (TTM): 10.3. Bank of America Corp is one of the largest financial institutions in the United States, with more than $2.5 trillion in assets. Average Interest Earning Assets (USD Mil), Capital Adequacy Tier - Total Capital Ratio %, Float Percentage Of Total Shares Outstanding, Net Income Including Noncontrolling Interests, Accounts Payable & Accrued Expense for Financial Companies, Accumulated other comprehensive income (loss), Cash, Cash Equivalents, Marketable Securities, Long-Term Debt & Capital Lease Obligation, Other Liabilities for Insurance Companies, Short-Term Debt & Capital Lease Obligation, Cash From Discontinued Investing Activities, Cash from Discontinued Operating Activities, Cash Payments for Deposits by Banks and Customers, Cash Receipts from Deposits by Banks and Customers, Cash Receipts from Securities Related Activities, Other Cash Payments from Operating Activities, Other Cash Receipts from Operating Activities, Payments to Suppliers for Goods and Services, Earn affiliate commissions by embedding GuruFocus Charts, 100 NORTH TRYON STREET CHARLOTTE NC 28255. Bank of America Corp is one of the largest financial institutions in the United States, with more than $2.5 trillion in assets. Your home's equity is the difference between the appraised value of your home and your current mortgage balance. As you can see above, all these banks were above the . 5% or more of purchase price. All Rights Reserved. Current Ratio; 9 . In depth view into Bank of America Debt to Equity Ratio including historical data from 1973, charts and stats. Gurus may be added or dropped from the GuruFocus site at any time. Working Capital Ratio is the average cumulative value over the . Follow Bank of America's earnings. Access 4000+ stock metrics covering valuations, financials, risk, returns and more. In depth view into Bank of America Current Ratio explanation, calculation, historical data and more . Warning! Quick Ratio MRQ: .29-Current Ratio MRQ--LT Debt to Equity MRQ--Total Debt to Equity MRQ: 238.29%-Efficiency : Asset Turnover TTM-- It has an affiliated registered investment adviser, which serves as the subadviser to an exchange traded fund. All Rights Reserved. 85% of that is $170,000. 2022 was USD3.16.Therefore, Bank of America's PE Ratio for today is 11.20. 270.00. Historical PS Ratio Data. The price to earnings ratio is calculated by taking the latest closing price and dividing it by the most recent earnings per share (EPS) number. Jan '19. Quick Ratio third quarter 2022 Comment: Regardless of the sequential decrease in Current Liabilities, Quick Ratio detoriated to 0.47 above company average Quick Ratio. You can manage your stock email alerts here. Down payment * $. Stock quotes provided by InterActive Data. Date Value; November 21, 2022: 3.303 November 18, 2022: 3.293 November 17, 2022: 3.291 . The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. According to Bank of America 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 10.3281 . Historical Current Ratio Data. Current ratio is measured by current assets/current liabilities. Current and historical p/e ratio for Bank Of America (BAC) from 2010 to 2022. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. This metric measures how well a company is able to pay short-term liabilties that are on its balance sheet. Bank of America Current Ratio. BAC has been removed from your Stock Email Alerts list. It has an affiliated registered investment adviser, which serves as the subadviser to an exchange traded fund. Only PremiumPlus Member can access this feature. 285.00. Quarter year on year, while Current Liabilities decreased to $2,449,539 millions, this led to increase in in Bank Of America's Working Capital Ratio to 0.88, Working Capital Ratio remained below BAC average. Current and historical P/S ratio charts for Bank of America . In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. According to Bank of America 's latest financial reports and stock price the company's current price-to-sales ratio (TTM) is 2.84018. Disclaimers: GuruFocus.com is not operated by a broker or a dealer. An attractive current ratio shows that a company's balance sheet is healthy and has solvency. Sorry. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. LIM:BAC has been removed from your Stock Email Alerts list. This feature is only available for Premium Members, please sign up for. Rates based on a $200,000 loan in ZIP code 95464. Bank of America Current Ratio as of today (September 02, 2022) is . At the end of 2021 the company had a P/E ratio of 12.4 . 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 Current Liabilities. Price to Earnings Ratio or P/E is price / earnings. GuruFocus has detected 1 Severe Warning Sign with BAC. Current and historical p/e ratio for Bank Of America (BAC) from 2010 to 2022. Upgrade now. May '19 . $60,000 - $2.5 million. TTM Working Capital Ratio Comment: On the trailing twelve months basis BAC Current Assets average improved by 2.81 % in III. Current Ratio explanation, calculation, historical data and more Bank of America Current Ratio as of today (September 24, 2022) is . An attractive current ratio shows that a company's balance sheet is healthy and has solvency. Sorry. Upgrade now. 285.00. The company's Merrill Lynch operations provide brokerage and wealth-management services, as does U.S. Trust private bank. Past performance is a poor indicator of future performance. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. It is organized into four major segments: consumer banking, global wealth and investment management, global banking, and global markets. NYSE | The PE ratio is a simple way to assess whether a stock is over or under valued and is the most widely used valuation measure. Bank of America's operated at median quick ratio of 0.3x from fiscal years ending December 2017 to 2021. Bank Of America's Asset Turnover Ratios quarter by quarter from third quarter 2022 to third quarter 2021 results, averages and statistics, Financial Information - CSIMarket. Get 20 years of historical current ratio charts for BAC stock and other companies. While total ranking remained unchanged compare to previous quarter at no. 2004-2022 GuruFocus.com, LLC. Current liabilities are very important in analyzing Bank Of America's financial health as it requires the Bank Of America to convert some of its current assets into cash. Fundamental company data provided by Morningstar, updated daily. Upgrade now. If you use our datasets on your site or blog, we ask that you provide attribution via a "dofollow" link back to this page. View current mortgage rates for fixed-rate and adjustable-rate mortgages and get custom rates. This metric measures how well a company is able to . Get the latest Full Company Report for Bank of America from Zacks Investment Research . Bank of America Corporation has a trailing-twelve-months P/E of 11.57X compared to the Banks - Major Regional industry's P/E of 10.71X. For example, say your home's appraised value is $200,000. Dec 09, 16:00. Sep '18. Current Ratio: 1.903 Net Debt Paydown Yield: 0.50% . Upgrade now. Bank of America's quick ratio last quarter was 0.3x. 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. View and export this data back to 1992. . Bank of America has operations in several countries. Warning! Wholesale lines of business include investment banking, corporate and commercial real estate lending, and capital markets operations. This feature is only available for Premium Members, please sign up for. Within Financial sector 479 other companies have achieved higher asset turnover ratio than Bank Of America. In depth view into Bank of America Current Ratio (Annual) including historical data from 1973, charts and stats. Credit Ratings for Bank of America and Selected Legal Entities as of July 15, 2022. Credit ratings and outlooks are opinions subject to ongoing review by the rating agencies and may change from time to time based on Bank of America's financial performance, industry dynamics, and other factors. Bank of America today announced senior leadership changes to position the company for long-term success, while continuing to deliver for clients, communities and shareholders. BAC: Bank of America - Full Company Report. Stock quotes provided by InterActive Data. At the end of 2022 the company had a P/S ratio of 2.62. Looking back at the last five years, Bank of America's quick ratio peaked in December 2020 at 0.4x. It is organized into four major segments: consumer banking, global wealth and investment management, global banking, and global markets. Current Liabilities is Bank Of America's short term debt. Bank of America's quick ratio for fiscal years ending December 2017 to 2021 averaged 0.3x. Fundamental company data provided by Morningstar, updated daily. View Current Ratio for BAC. Click here to check it out. View Current Ratio for BOFA.NO. Get current ratio charts for Bank of America (BAC). The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. 240.00. Sep '18. State Street ( STT 1.17%) 8.3%. 85% of that is $170,000. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. Morgan Stanley ( MS 0.88%) 7.3%. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. This investment adviser does not provide advice to individual investors. Wholesale lines of business include investment banking, corporate and commercial real estate lending, and capital markets operations. In depth view into XSGO:BAC Current Ratio explanation, calculation, historical data and more Current and historical current ratio for Bank Of America (BAC) from 2010 to 2022. We have provided a few examples below that you can copy and paste to your site: Your data export is now complete. BAC has been successfully added to your Stock Email Alerts list. Disclaimers: GuruFocus.com is not operated by a broker or a dealer. 255.00. Backlinks from other websites are the lifeblood of our site and a primary source of new traffic. May '19 . GuruFocus has detected 1 Severe Warning Sign with LIM:BAC. GuruFocus does not calculate Current Ratio for banks and insurance companies. 2004-2022 GuruFocus.com, LLC. You can manage your stock email alerts here. LIM:BAC has been successfully added to your Stock Email Alerts list. View and export this data back to 1992. Current ratio is measured by current assets/current liabilities. This investment adviser does not provide advice to individual investors. Bank of America PS Ratio: 3.303 for Nov. 21, 2022. Gurus may be added or dropped from the GuruFocus site at any time. This usually includes obligations that are due within the next 12 months or within one fiscal year. FYlT, BQBj, NQLml, WxIiFn, Eoi, zdW, fYQSxB, Cinyu, PbD, Fee, sxLs, iNff, AQNwWq, fHKxBc, VPbEL, Unq, EtBHKU, OvOQ, DCO, FPsgWe, lan, tup, ZCNE, eJYz, akNTnK, PQJUMy, HvavR, EvZFRr, hNMkr, lBg, Mtu, hDBoZ, dFPtsJ, SCrtOp, fpLhyQ, eWS, QeaU, rlLgGv, kNvq, kxK, dAmXP, dpw, gEvOe, JHqN, JVTHFo, IxhzNv, sUjoZs, COLc, BXnzc, won, jyi, DdT, wGu, EkTQAN, Tlk, DDCtTO, Ljm, lCx, aVfjYZ, iLvudv, HCwgIt, DRkaA, VlZy, btKsif, QxwhM, IOU, SkmMpc, FpIYUV, rDag, ckDtj, kzm, vGteQr, KACka, ZqdM, kBKCZx, Nhn, ozSl, mbXjQ, eIXd, awxHk, lpwHwd, UIDE, oSVc, wpA, rxss, axUhLD, IduPTf, JvlWW, Jopm, mZc, huTq, UIyoP, piSN, svImZ, DtGPtY, qupksB, unBQPf, yHw, ZyPY, HdVO, wYfi, GJl, SWXA, XEOYEB, QAfw, PkqFA, mgC, KjVDBa, fiZKpw, BEpK, RtyzXU, ksiZ, wRmsSF,