| BAC Stock | | | EUR 42.00 0.13 0.31% |
COO
Mr. Thomas K. Montag is Chief Operating Officer of Bank of the Company. He was Cochief Operating Officer from September 2011 to September 2014 and President, Global Banking and Markets from August 2009 to September 2011. He was President, Global Markets from January 2009 to August 2009 Executive Vice President and Head of Global Sales and Trading of Merrill Lynch Co., Inc. from August 2008 to December 2008, Cohead, Global Securities of The Goldman Sachs Group, Inc. from 2006 to 2008 Member, Management Committee of The Goldman Sachs Group, Inc. from 2002 to 2008 and Member, Fixed Income, Currency and Commodities Equities Executive Committee of The Goldman Sachs Group, Inc. from 2000 to 2008. since 2014.
| Age | 62 |
| Tenure | 10 years |
| Phone | 212 395 1000 |
| Web | https://www.verizon.com |
Bank of America Management Efficiency
The company has return on total asset
(ROA) of
0.0555 % which means that it generated a profit of $0.0555 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity
(ROE) of
0.2476 %, meaning that it generated $0.2476 on every $100 dollars invested by stockholders. Bank of America's management efficiency ratios could be used to measure how well Bank of America manages its routine affairs as well as how well it operates its assets and liabilities.
Verizon Communications has accumulated 140.68
B in total debt with debt to equity ratio
(D/E) of 2.4, implying the company greatly
relies on financing operations through barrowing. Verizon Communications has a current ratio of 0.87, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Bank of America until it has trouble settling it off, either with new capital or with free cash flow. So, Bank of America's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Verizon Communications sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Bank to invest in growth at high rates of return. When we think about Bank of America's use of debt, we should always consider it together with cash and equity.
Verizon Communications Inc. offers communications, technology, information, and entertainment products and services to consumers, businesses, and governmental entities worldwide. Verizon Communications Inc. was incorporated in 1983 and is headquartered in New York, New York. B of A operates under Telecom Services classification in Germany and is traded on Frankfurt Stock Exchange. It employs 129300 people. Verizon Communications (BAC) is traded on Frankfurt Exchange in Germany and employs 117,100 people.
Management Performance
Verizon Communications Leadership Team
Elected by the shareholders, the Bank of America's board of directors comprises two types of representatives: Bank of America inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Bank. The board's role is to monitor Bank of America's management team and ensure that shareholders' interests are well served. Bank of America's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Bank of America's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Frank Bramble, Independent Director | |
| Thomas Montag, Chief Operating Officer | |
| Samantha Hammock, Ex Officer | |
| David Leitch, Global General Counsel | |
| Brady Connor, VP Relations | |
| Sheri Bronstein, Chief Human Resource Officer | |
| Susan Bies, Independent Director | |
| Andrea Smith, Chief Administrative Officer | |
| Catherine Bessant, Chief Operations and Technology Officer | |
| Dean Athanasia, President - Preferred & Small Business Banking and Co-Head - Consumer Banking | |
| Thomas Woods, Independent Director | |
| Sharon Allen, Independent Director | |
| Kathleen Knox, President - U.S. Trust | |
| Diego Scotti, Ex Officer | |
| Matthew Ellis, Ex CFO | |
| Kyle Malady, Pres VP | |
| Geoffrey Greener, Chief Risk Officer | |
| Monica Lozano, Independent Director | |
| Tamara Erwin, Advisor | |
| Vandana Venkatesh, Ex Officer | |
| Robert Yost, Independent Director | |
| Arnold Donald, Independent Director | |
| Jack Bovender, Lead Independent Director | |
| Lionel Nowell, Independent Director | |
| Paul Donofrio, Chief Financial Officer | |
| Denise Ramos, Independent Director | |
| Linda Hudson, Independent Director | |
| Hans Vestberg, Chairman CEO | |
| James Gerace, VP Officer | |
| Brian Moynihan, Chairman of the Board, President, Chief Executive Officer | |
| Thomas May, Independent Director | |
| Pierre Weck, Independent Director | |
| Michael White, Independent Director | |
| Andrew Sieg, President - Merrill Lynch Wealth Management | |
| Clayton Rose, Independent Director | |
| Thong Nguyen, President of Retail Banking, and Co-Head – Consumer Banking | |
| Maria Zuber, Independent Director | |
| Magda Yrizarry, VP Officer | |
Bank Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Bank of America a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
Currently Active Assets on Macroaxis
Additional Information and Resources on Investing in Bank Stock
When determining whether Verizon Communications 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 Verizon Communications Stock.
Outlined below are crucial reports that will aid in making a well-informed decision on Verizon Communications Stock: Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Verizon Communications. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
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
Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
Please note, there is a significant difference between Bank of America's value and its price as these two are different measures arrived at by different means. Investors typically determine if Bank of America is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Bank of America's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.