Bank of America Corporation (NYSE:BAC) Stock Analysis

BAC- NYSE (USA) Also traded in: Argentina, Brazil, Chile, Germany, Japan, Mexico, Peru, Romania, Switzerland, UK
Bank of America Corporation

Currently 1/5

Business Predictability Rank: 1-Star
Back Testing Results:
Average gain of all 1-Star stocks: 1.1% per year.
% of Stocks that are in still loss if held for 10yrs: 45%.
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$22.95

0(0%) Volume: 98,490,234 1:01AM EST

Avg Vol (1m): 119,330,260

Warning! GuruFocus has detected 1 Severe Warning Sign with NYSE:BAC. Click here to check it out.

Market Cap	230.71 B	P/E(ttm)	16.66
Enterprise Value	339.1 B	P/B	0.94

$22.95 (1y: +77%)

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Also traded in: Argentina, Brazil, Chile, Germany, Japan, Mexico, Peru, Romania, Switzerland, UK

Financial Strength : 6/10

		vs industry	vs history
Cash to Debt	0.66	BAC's Cash to Debt is ranked lower than 69% of the 1606 Companies in the Global Banks - Global industry. ( Industry Median: 2.02 vs. BAC: 0.66 ) Ranked among companies with meaningful Cash to Debt only.	BAC' s Cash to Debt Range Over the Past 10 Years Min: 0.1 Med: 0.33 Max: 0.66 Current: 0.66 0.1 - 0.66
Equity to Asset	0.12	BAC's Equity to Asset is ranked higher than 69% of the 1612 Companies in the Global Banks - Global industry. ( Industry Median: 0.10 vs. BAC: 0.12 ) Ranked among companies with meaningful Equity to Asset only.	BAC' s Equity to Asset Range Over the Past 10 Years Min: 0.07 Med: 0.09 Max: 0.12 Current: 0.12 0.07 - 0.12
Interest Coverage	2.31	BAC's Interest Coverage is ranked higher than 59% of the 1533 Companies in the Global Banks - Global industry. ( Industry Median: 1.66 vs. BAC: 2.31 ) Ranked among companies with meaningful Interest Coverage only.	BAC' s Interest Coverage Range Over the Past 10 Years Min: 0.11 Med: 0.52 Max: 2.53 Current: 2.31 0.11 - 2.53

F-Score: 6
M-Score: -2.43
WACC vs ROIC	7.28% 4.69% WACC ROIC

Profitability & Growth : 5/10

		vs industry	vs history
Operating margin (%)	28.19	BAC's Operating margin (%) is ranked lower than 56% of the 1627 Companies in the Global Banks - Global industry. ( Industry Median: 30.98 vs. BAC: 28.19 ) Ranked among companies with meaningful Operating margin (%) only.	BAC' s Operating margin (%) Range Over the Past 10 Years Min: -1.2 Med: 7.11 Max: 31.31 Current: 28.19 -1.2 - 31.31
Net-margin (%)	20.31	BAC's Net-margin (%) is ranked lower than 58% of the 1625 Companies in the Global Banks - Global industry. ( Industry Median: 22.46 vs. BAC: 20.31 ) Ranked among companies with meaningful Net-margin (%) only.	BAC' s Net-margin (%) Range Over the Past 10 Years Min: -2.03 Med: 5.63 Max: 22.42 Current: 20.31 -2.03 - 22.42
ROE (%)	5.62	BAC's ROE (%) is ranked lower than 71% of the 1623 Companies in the Global Banks - Global industry. ( Industry Median: 8.57 vs. BAC: 5.62 ) Ranked among companies with meaningful ROE (%) only.	BAC' s ROE (%) Range Over the Past 10 Years Min: -1.56 Med: 1.59 Max: 10.42 Current: 5.62 -1.56 - 10.42
ROA (%)	0.76	BAC's ROA (%) is ranked lower than 59% of the 1632 Companies in the Global Banks - Global industry. ( Industry Median: 0.89 vs. BAC: 0.76 ) Ranked among companies with meaningful ROA (%) only.	BAC' s ROA (%) Range Over the Past 10 Years Min: -0.1 Med: 0.27 Max: 0.94 Current: 0.76 -0.1 - 0.94
Revenue Growth (3Y)(%)	-0.70	BAC's Revenue Growth (3Y)(%) is ranked lower than 69% of the 1346 Companies in the Global Banks - Global industry. ( Industry Median: 3.40 vs. BAC: -0.70 ) Ranked among companies with meaningful Revenue Growth (3Y)(%) only.	BAC' s Revenue Growth (3Y)(%) Range Over the Past 10 Years Min: -20.8 Med: 3.7 Max: 8.9 Current: -0.7 -20.8 - 8.9
EBITDA Growth (3Y)(%)	12.60	BAC's EBITDA Growth (3Y)(%) is ranked higher than 70% of the 1235 Companies in the Global Banks - Global industry. ( Industry Median: 5.70 vs. BAC: 12.60 ) Ranked among companies with meaningful EBITDA Growth (3Y)(%) only.	BAC' s EBITDA Growth (3Y)(%) Range Over the Past 10 Years Min: -63.3 Med: 8.8 Max: 83.9 Current: 12.6 -63.3 - 83.9
EPS Growth (3Y)(%)	18.60	BAC's EPS Growth (3Y)(%) is ranked higher than 77% of the 1209 Companies in the Global Banks - Global industry. ( Industry Median: 7.40 vs. BAC: 18.60 ) Ranked among companies with meaningful EPS Growth (3Y)(%) only.	BAC' s EPS Growth (3Y)(%) Range Over the Past 10 Years Min: -73.5 Med: 11 Max: 230.2 Current: 18.6 -73.5 - 230.2

GuruFocus has detected 4 Warning Signs with Bank of America Corporation $BAC.

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Preferred stocks of Bank of America Corporation

Symbol	Price	Yield	Description
BACPRL	1178.56	4.60	Pfd Shs Series -L-
BMLPRL	22.70	4.52	Bank of America Corporation,Floating Rate Non-Cumulative Preferred Stock, Series 5
BMLPRG	20.44	1.84	Bank of America Corporation,Floating Rate Non-Cumulative Preferred Stock, Series 1
BMLPRH	20.41	1.86	Bank of America Corporation,Floating Rate Non-Cumulative Preferred Stock, Series 2
BMLPRI	25.60	3.12	Bank of America Corporation,6.375% Non-Cumulative Preferred Stock, Series 3
BMLPRJ	22.56	4.49	Bank of America Corporation,Floating Rate Non-Cumulative Preferred Stock, Series 4
BACPRI	26.08	6.36	6.625% Dep Shares Series I Non-Cumulative Preferred Stock
BACPRD	25.51	6.11	Shr 1/1,000th Int 6.204 % Non Cum Pfd Shs Series -D
BACPRE	22.39	2.26	Shr 1/1,000th Int Flt Rate Non-Cum Prf , Ser E
BACRP	14.65	0.00	7% Pfd Shs Series B
BACPRW	26.32	3.15	Non-Cum Pfd Shs Ser -W-
BACPRY	26.20	4.66	Deposit Shs Repr 1/1000th 6.500 % Non-Cum Pfd Shs Series -Y-
BACPRC	25.59	3.03	Deposit Shs Repr 1/1000th Non-Cum Pfd Shs Series -CC-
BACPRA	25.52	1.47	Deposit Shs Repr 1/1,000th Non-Cum Pfd Shs Series -EE-

Business Description

Industry:	Banks » Banks - Global NAICS: 522110 SIC: 6021
Compare:	OTCPK:IDCBF, OTCPK:CICHF, NYSE:WFC, OTCPK:HBCYF, NYSE:JPM, NYSE:C, OTCPK:BACHF, OTCPK:ACGBF, OTCPK:CBAUF, NYSE:TD, NYSE:MTU, OTCPK:WEBNF, NYSE:SAN, NYSE:BNS, OTCPK:ANZBY, NYSE:UBS, OTCPK:NABZY, NYSE:ING, OTCPK:BCMXY, NYSE:SMFG » details
Traded in other countries:	BA.C.Argentina, BOAC34.Brazil, BAC.Chile, NCB.Germany, 8648.Japan, BAC.Mexico, BAC.Peru, BAC.Romania, BAC.Switzerland, BAC.UK,

Bank of America Corporation is a bank holding and a financial holding company. Through its subsidiaries, it provides banking and non-banking financial services and products throughout the United States and in selected international markets.

Bank of America Corporation was incorporated on July 31, 1998 in Delaware. The Company through its banking and various non-banking subsidiaries, throughout the United States and in selected international markets provides a diversified range of banking and non-banking financial services and products through five business segments namely Consumer Banking, Global Wealth and Investment Management, Global Banking, Global Markets and Legacy Assets & Servicing. Consumer Banking offers a diversified range of credit, banking and investment products and services to consumers and small businesses. Consumer Banking product offerings include traditional savings accounts, money market savings accounts, CDs and IRAs, noninterest- and interest-bearing checking accounts, investment accounts and products, as well as credit and debit cards, residential mortgages and home equity loans, and direct and indirect loans to consumers and small businesses in the U.S. Global Wealth and Investment Management provides a high-touch client experience through a network of financial advisors focused on clients, including tailored solutions to meet clients' needs through a full set of investment management, brokerage, banking and retirement products. Global Banking provides lending-related products and services, integrated working capital management and treasury solutions to clients, and underwriting and advisory services. Global Markets offers sales and trading services, including research, to institutional clients across fixed-income, credit, currency, commodity and equity businesses. Its product coverage includes securities and derivative products in primary and secondary markets. It provides market-making, financing, securities clearing, settlement and custody services globally to institutional investor clients in support of their investing and trading activities. Legacy Assets & Servicing is responsible for mortgage servicing activities related to residential first mortgage and home equity loans.

Guru Investment Theses on Bank of America Corporation

Herro and Nygren Comment on Bank of America - Jan 11, 2017

Bank of America (NYSE:BAC), one of the biggest U.S. banks, was the largest contributor to performance for the quarter, returning 42%. Bank of America’s share price reacted positively to third-quarter results that showed strong capital market performance and healthy loan and deposit growth. The election of Donald Trump further boosted Bank of America’s stock price amid investors’ expectations that a Trump administration would lead to less regulation. Additionally, the president-elect has promised to boost economic growth, which should allow for interest rates to return to more normalized levels and benefit companies in the financials sector. We believe an improving interest rate environment, along with additional expense reductions and continued share repurchases, will drive strong EPS growth over the next several years. At its current price, we believe Bank of America remains undervalued.

From David Herro (Trades, Portfolio) and Bill Nygren (Trades, Portfolio)'s Oakmark Global Select Fund fourth quarter 2016 commentary.

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Dodge & Cox Comments on Bank of America - Aug 15, 2016

The largest bank in the United States by deposits, Bank of America (NYSE:BAC) has leading positions in the lines of business that comprise the majority of its revenues, including consumer banking and wealth management. Since the financial crisis, Bank of America has gained market share in its core businesses and navigated ever tougher regulatory requirements, while increasing capital and liquidity. As a part of its restructuring plan, management has simplified the business, reduced expenses, and implemented a more customer-focused strategy. Longer term, improved fundamentals and potential cyclical tailwinds (e.g., additional loan growth, higher rates, increased capital markets activity) could produce a significantly higher return on assets, as well as multiple expansion, dividend increases, and/or share repurchases.

Bank of America—trading at 0.8 times tangible book value and nine times forward earningsb—has one of the lowest valuations among its peers. While a prolonged low interest-rate environment would continue to pressure net interest margins and profitability, we believe the bank’s inexpensive valuation, strong business franchises, and capable management team make it a compelling investment opportunity. Hence, we added to the Fund’s position in Bank of America, which comprised 3.2% of the Fund on June 30.

From Dodge & Cox's second quarter 2016 shareholder letter.

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Bruce Berkowitz Comments on Bank of America - Aug 02, 2016

Improving operating efficiencies more than counter declining net interest margins. Bank of America (NYSE:BAC)’s return on tangible assets has hit our 10% goal. Yet, common share prices remain below tangible assets (on a per share basis). Recent regulatory approval for a 50% increase in dividends and another $5 billion of stock buybacks will improve capital allocation.

From Bruce Berkowitz (Trades, Portfolio)'s first-half 2016 letter to shareholders.

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Bruce Berkowitz Comments on Bank of America - May 20, 2016

Daniel Schmerin: During 2015, you reduced Bank of America (NYSE:BAC) common stock across portfolios. What changed? Do you fear another crisis brewing like 2008?

Bruce Berkowitz (Trades, Portfolio): Nothing has changed. Again, similar to AIG, in fact same story as AIG. We sold based on TBV. If anything has changed, today the financials are more akin to regulated utilities. All “too big to fail” institutions, except for Fannie Mae and Freddie Mac, have fortress-like balance sheets. And it’s harder now for banks to effectively generate a decent return on that fortress-like capital.

Daniel Schmerin: How would you assess Brian Moynihan’s leadership to date?

Bruce Berkowitz (Trades, Portfolio): Brian has done well with the hand he was dealt. It’s not easy to steer such a large organization, but he has been paddling fast. Personally, I think he should spin off Merrill Lynch and U.S. Trust. Those gems are certainly not utilities.

From Bruce Berkowitz (Trades, Portfolio)'s Feb. 23, 2016, Fairholme Fund (Trades, Portfolio) conference call.

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Bruce Berkowitz Comments on Bank of America - Feb 03, 2016

Bank of America (NYSE:BAC) warrants comprise 9.4% of Fund assets. The warrants offer attractive upside given that the company trades under tangible book value per share of $15.62. CEO Brian Moynihan recently noted that Bank of America’s 2015 results were the “company’s highest earnings in nearly a decade,” and much more improvement is possible. As the company reduces expenses and increases capital distributions, the double-ratchet feature of our warrants ensures that we are more than compensated for dividends paid to common equity shareholders.

From Bruce Berkowitz (Trades, Portfolio)'s 2015 Annual Letter for the Fairholme Allocation Fund.

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Bruce Berkowitz Comments on Bank of America - Feb 10, 2015

Bank of America (BAC) (22.3%) has executed its business plan admirably to date. By refocusing on core customer relationships across multiple platforms (i.e., checking, credit card, mortgage, and small business), the company is positioning itself for long-term profitability. Effective cross-fertilization of these services will make parallels with best-in-class Wells Fargo more pronounced, and help Bank of America’s still-depressed market price to at least reach book value, reflecting the higher values of existing business. The company recently surpassed its 2011 cost-cutting goal of $8 billion per annum, ahead of schedule. Litigation expenses – a major weight on the company in recent years– have largely dissipated. Heeding lessons learned from the financial crisis, the company prudently disposed of a profitable (at the time) wholesale mortgage business. Intermediaries might seem like ideal clients, but history shows that they are more adversary than friend. Investors should not be surprised to see Bank of America continue to shrink no-longer-core activities. However, the company’s balance sheet is poised for a growing business economy and a rising interest rate environment, with every increase of 100 basis points potentially boosting revenue by $3.7 billion. Sometimes you must take two steps back in order to go ten steps forward.

Form Bruce Berkowitz (Trades, Portfolio)'s Fairholme Fund 2014 Annual Report and Investor Letter.

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Ratios

		vs industry	vs history
P/E(ttm)	16.66	BAC's P/E(ttm) is ranked lower than 59% of the 1493 Companies in the Global Banks - Global industry. ( Industry Median: 14.26 vs. BAC: 16.66 ) Ranked among companies with meaningful P/E(ttm) only.	BAC' s P/E(ttm) Range Over the Past 10 Years Min: 4.13 Med: 15.39 Max: 49.94 Current: 16.66 4.13 - 49.94
Forward P/E	12.97	BAC's Forward P/E is ranked higher than 66% of the 366 Companies in the Global Banks - Global industry. ( Industry Median: 15.41 vs. BAC: 12.97 ) Ranked among companies with meaningful Forward P/E only.	N/A
PE(NRI)	16.66	BAC's PE(NRI) is ranked lower than 59% of the 1490 Companies in the Global Banks - Global industry. ( Industry Median: 14.29 vs. BAC: 16.66 ) Ranked among companies with meaningful PE(NRI) only.	BAC' s PE(NRI) Range Over the Past 10 Years Min: 4.13 Med: 15.39 Max: 49.94 Current: 16.66 4.13 - 49.94
Price/Owner Earnings (ttm)	9.64	BAC's Price/Owner Earnings (ttm) is ranked higher than 68% of the 881 Companies in the Global Banks - Global industry. ( Industry Median: 14.64 vs. BAC: 9.64 ) Ranked among companies with meaningful Price/Owner Earnings (ttm) only.	BAC' s Price/Owner Earnings (ttm) Range Over the Past 10 Years Min: 0.75 Med: 5.51 Max: 165.19 Current: 9.64 0.75 - 165.19
P/B	0.94	BAC's P/B is ranked higher than 66% of the 1607 Companies in the Global Banks - Global industry. ( Industry Median: 1.16 vs. BAC: 0.94 ) Ranked among companies with meaningful P/B only.	BAC' s P/B Range Over the Past 10 Years Min: 0.12 Med: 0.72 Max: 1.86 Current: 0.94 0.12 - 1.86
P/S	3.10	BAC's P/S is ranked higher than 56% of the 1587 Companies in the Global Banks - Global industry. ( Industry Median: 3.37 vs. BAC: 3.10 ) Ranked among companies with meaningful P/S only.	BAC' s P/S Range Over the Past 10 Years Min: 0.18 Med: 1.89 Max: 3.62 Current: 3.1 0.18 - 3.62
PFCF	9.54	BAC's PFCF is ranked higher than 62% of the 823 Companies in the Global Banks - Global industry. ( Industry Median: 12.99 vs. BAC: 9.54 ) Ranked among companies with meaningful PFCF only.	BAC' s PFCF Range Over the Past 10 Years Min: 0.31 Med: 3.63 Max: 914.17 Current: 9.54 0.31 - 914.17
POCF	9.54	BAC's POCF is ranked higher than 58% of the 895 Companies in the Global Banks - Global industry. ( Industry Median: 11.29 vs. BAC: 9.54 ) Ranked among companies with meaningful POCF only.	BAC' s POCF Range Over the Past 10 Years Min: 0.3 Med: 3.57 Max: 363.25 Current: 9.54 0.3 - 363.25
EV-to-EBIT	14.73	BAC's EV-to-EBIT is ranked lower than 58% of the 1216 Companies in the Global Banks - Global industry. ( Industry Median: 12.39 vs. BAC: 14.73 ) Ranked among companies with meaningful EV-to-EBIT only.	BAC' s EV-to-EBIT Range Over the Past 10 Years Min: -1578.3 Med: 22.1 Max: 853.7 Current: 14.73 -1578.3 - 853.7
EV-to-EBITDA	13.62	BAC's EV-to-EBITDA is ranked lower than 59% of the 1226 Companies in the Global Banks - Global industry. ( Industry Median: 11.20 vs. BAC: 13.62 ) Ranked among companies with meaningful EV-to-EBITDA only.	BAC' s EV-to-EBITDA Range Over the Past 10 Years Min: -160.5 Med: 25.4 Max: 621.5 Current: 13.62 -160.5 - 621.5
PEG	0.35	BAC's PEG is ranked higher than 89% of the 755 Companies in the Global Banks - Global industry. ( Industry Median: 1.32 vs. BAC: 0.35 ) Ranked among companies with meaningful PEG only.	BAC' s PEG Range Over the Past 10 Years Min: 0.3 Med: 0.8 Max: 4.18 Current: 0.35 0.3 - 4.18
Shiller P/E	27.67	BAC's Shiller P/E is ranked lower than 69% of the 484 Companies in the Global Banks - Global industry. ( Industry Median: 20.92 vs. BAC: 27.67 ) Ranked among companies with meaningful Shiller P/E only.	BAC' s Shiller P/E Range Over the Past 10 Years Min: 0.96 Med: 6.91 Max: 27.82 Current: 27.67 0.96 - 27.82

Dividend & Buy Back

		vs industry	vs history
Dividend Yield	1.08	BAC's Dividend Yield is ranked lower than 70% of the 2358 Companies in the Global Banks - Global industry. ( Industry Median: 2.55 vs. BAC: 1.08 ) Ranked among companies with meaningful Dividend Yield only.	BAC' s Dividend Yield Range Over the Past 10 Years Min: 0.22 Med: 1.03 Max: 59.1 Current: 1.08 0.22 - 59.1
Dividend Payout	0.16	BAC's Dividend Payout is ranked higher than 84% of the 1314 Companies in the Global Banks - Global industry. ( Industry Median: 0.32 vs. BAC: 0.16 ) Ranked among companies with meaningful Dividend Payout only.	BAC' s Dividend Payout Range Over the Past 10 Years Min: 0.04 Med: 0.25 Max: 4.15 Current: 0.16 0.04 - 4.15
Dividend Growth (3y)	84.20	BAC's Dividend Growth (3y) is ranked higher than 97% of the 733 Companies in the Global Banks - Global industry. ( Industry Median: 7.90 vs. BAC: 84.20 ) Ranked among companies with meaningful Dividend Growth (3y) only.	BAC' s Dividend Growth (3y) Range Over the Past 10 Years Min: -74.5 Med: 12.2 Max: 84.2 Current: 84.2 -74.5 - 84.2
Forward Dividend Yield	1.33	BAC's Forward Dividend Yield is ranked lower than 66% of the 2268 Companies in the Global Banks - Global industry. ( Industry Median: 2.77 vs. BAC: 1.33 ) Ranked among companies with meaningful Forward Dividend Yield only.	N/A
Yield on cost (5-Year)	9.32	BAC's Yield on cost (5-Year) is ranked higher than 95% of the 2640 Companies in the Global Banks - Global industry. ( Industry Median: 3.36 vs. BAC: 9.32 ) Ranked among companies with meaningful Yield on cost (5-Year) only.	BAC' s Yield on cost (5-Year) Range Over the Past 10 Years Min: 1.9 Med: 8.89 Max: 510.25 Current: 9.32 1.9 - 510.25
3-Year Average Share Buyback Ratio	1.70	BAC's 3-Year Average Share Buyback Ratio is ranked higher than 89% of the 1049 Companies in the Global Banks - Global industry. ( Industry Median: -2.00 vs. BAC: 1.70 ) Ranked among companies with meaningful 3-Year Average Share Buyback Ratio only.	BAC' s 3-Year Average Share Buyback Ratio Range Over the Past 10 Years Min: -31.4 Med: -3.1 Max: 3.7 Current: 1.7 -31.4 - 3.7

Valuation & Return

		vs industry	vs history
Price/Tangible Book	1.38	BAC's Price/Tangible Book is ranked lower than 57% of the 1600 Companies in the Global Banks - Global industry. ( Industry Median: 1.23 vs. BAC: 1.38 ) Ranked among companies with meaningful Price/Tangible Book only.	BAC' s Price/Tangible Book Range Over the Past 10 Years Min: 0.46 Med: 2.06 Max: 4.3 Current: 1.38 0.46 - 4.3
Price/Projected FCF	0.44	BAC's Price/Projected FCF is ranked higher than 82% of the 886 Companies in the Global Banks - Global industry. ( Industry Median: 0.79 vs. BAC: 0.44 ) Ranked among companies with meaningful Price/Projected FCF only.	BAC' s Price/Projected FCF Range Over the Past 10 Years Min: 0.09 Med: 0.61 Max: 3.91 Current: 0.44 0.09 - 3.91
Price/Median PS Value	1.64	BAC's Price/Median PS Value is ranked lower than 85% of the 1463 Companies in the Global Banks - Global industry. ( Industry Median: 1.14 vs. BAC: 1.64 ) Ranked among companies with meaningful Price/Median PS Value only.	BAC' s Price/Median PS Value Range Over the Past 10 Years Min: 0.32 Med: 1.32 Max: 1.83 Current: 1.64 0.32 - 1.83
Price/Peter Lynch Fair Value	0.67	BAC's Price/Peter Lynch Fair Value is ranked higher than 80% of the 402 Companies in the Global Banks - Global industry. ( Industry Median: 1.14 vs. BAC: 0.67 ) Ranked among companies with meaningful Price/Peter Lynch Fair Value only.	BAC' s Price/Peter Lynch Fair Value Range Over the Past 10 Years Min: 0.64 Med: 1.3 Max: 2.26 Current: 0.67 0.64 - 2.26
Price/Graham Number	1.01	BAC's Price/Graham Number is ranked higher than 50% of the 1404 Companies in the Global Banks - Global industry. ( Industry Median: 0.95 vs. BAC: 1.01 ) Ranked among companies with meaningful Price/Graham Number only.	BAC' s Price/Graham Number Range Over the Past 10 Years Min: 0.8 Med: 1.37 Max: 3.39 Current: 1.01 0.8 - 3.39
Earnings Yield (Greenblatt) (%)	6.74	BAC's Earnings Yield (Greenblatt) (%) is ranked higher than 56% of the 1605 Companies in the Global Banks - Global industry. ( Industry Median: 5.80 vs. BAC: 6.74 ) Ranked among companies with meaningful Earnings Yield (Greenblatt) (%) only.	BAC' s Earnings Yield (Greenblatt) (%) Range Over the Past 10 Years Min: 0.1 Med: 3.9 Max: 9 Current: 6.74 0.1 - 9
Forward Rate of Return (Yacktman) (%)	62.33	BAC's Forward Rate of Return (Yacktman) (%) is ranked higher than 94% of the 872 Companies in the Global Banks - Global industry. ( Industry Median: 11.48 vs. BAC: 62.33 ) Ranked among companies with meaningful Forward Rate of Return (Yacktman) (%) only.	BAC' s Forward Rate of Return (Yacktman) (%) Range Over the Past 10 Years Min: -16.5 Med: 13.9 Max: 115.4 Current: 62.33 -16.5 - 115.4

More Statistics

Revenue (TTM) (Mil) $	81,535
EPS (TTM) $	1.38
Beta	1.31
Short Percentage of Float	1.05%
52-Week Range $	10.99 - 23.41
Shares Outstanding (Mil)	10,052.63

Analyst Estimate

	Dec17	Dec18	Dec19
Revenue (Mil $)	90,092	92,806	95,642
EPS ($)	1.79	2.12	2.26
EPS w/o NRI ($)	1.79	2.12	2.26
EPS Growth Rate (3Y to 5Y Estimate)	15.20%
Dividends Per Share ($)	0.38	0.52	0.62

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