Bank Financial Statements From 2010 to 2024
| NCB Stock | 45.34 0.04 0.09% |
Check Bank of America Corp financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Bank of America Corp'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 Corp Valuation or Volatility modules.
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Bank of America Company Return On Equity Analysis
Bank of America Corp'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 Corp Return On Equity | 0.1 |
Most of Bank of America Corp'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 significantly higher than that of the Banks-Diversified industry. The return on equity for all Germany stocks is 132.68% lower than that of the firm.
Bank of America Corp Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Bank of America Corp's current stock value. Our valuation model uses many indicators to compare Bank of America Corp 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 Corp competition to find correlations between indicators driving Bank of America Corp's intrinsic value. More Info.Bank of America is considered to be number one stock in return on equity category among its peers. It also 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 Corp's earnings, one of the primary drivers of an investment's value.About Bank of America Corp Financial Statements
Bank of America Corp shareholders use historical fundamental indicators, such as revenue or net income, to determine how well the company is positioned to perform in the future. Although Bank of America Corp investors may analyze each financial statement separately, they are all interrelated. The changes in Bank of America Corp's assets and liabilities, for example, are also reflected in the revenues and expenses on on Bank of America Corp's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for Bank Stock Analysis
When running Bank of America Corp's price analysis, check to measure Bank of America Corp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Bank of America Corp is operating at the current time. Most of Bank of America Corp's value examination focuses on studying past and present price action to predict the probability of Bank of America Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bank of America Corp's price. Additionally, you may evaluate how the addition of Bank of America Corp to your portfolios can decrease your overall portfolio volatility.