Bank Financial Statements From 2010 to 2024
| NCB Stock | EUR 45.40 0.28 0.61% |
Check Bank of America financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Bank of America's main balance sheet or income statement drivers, such as , as well as many indicators such as . Bank financial statements analysis is a perfect complement when working with Bank of America Valuation or Volatility modules.
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Bank of America Company Return On Equity Analysis
Bank of America's Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Current Bank of America Return On Equity | 0.1 |
Most of Bank of America's fundamental indicators, such as Return On Equity, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Bank of America is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
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Based on the latest financial disclosure, Bank of America has a Return On Equity of 0.1013. This is 93.01% lower than that of the Financial Services sector and 99.05% lower than that of the Banks - Global industry. The return on equity for all Germany stocks is 132.68% lower than that of the firm.
Bank of America Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Bank of America's current stock value. Our valuation model uses many indicators to compare Bank of America value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Bank of America competition to find correlations between indicators driving Bank of America's intrinsic value. More Info.Bank of America is regarded second in return on equity category among its peers. It is considered to be number one stock in return on asset category among its peers reporting about 0.09 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Bank of America is roughly 11.38 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Bank of America's earnings, one of the primary drivers of an investment's value.About Bank of America Financial Statements
Bank of America stakeholders use historical fundamental indicators, such as Bank of America's revenue or net income, to determine how well the company is positioned to perform in the future. Although Bank of America investors may analyze each financial statement separately, they are all interrelated. For example, changes in Bank of America's assets and liabilities are reflected in the revenues and expenses on Bank of America's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Bank of America. Please read more on our technical analysis and fundamental analysis pages.
Bank of America Corporation, through its subsidiaries, provides banking and financial products and services for individual consumers, small- and middle-market businesses, institutional investors, large corporations, and governments worldwide. Bank of America Corporation was founded in 1874 and is headquartered in Charlotte, North Carolina. BANK AMERICA operates under Banks - Global classification in Germany and is traded on Frankfurt Stock Exchange. It employs 208984 people.
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Additional Information and Resources on Investing in Bank Stock
When determining whether Bank of America offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Bank of America's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Bank Of America Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Bank Of America Stock:Check out the analysis of Bank of America Correlation against competitors. For more detail on how to invest in Bank Stock please use our How to Invest in Bank of America guide.You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.