Bank Historical Balance Sheet

BAC Stock

USD 47.51 0.26 0.54%

Trend analysis of Bank of America balance sheet accounts such as Short Long Term Debt Total of 285.8 B, Other Current Liabilities of 866.7 B or Total Current Liabilities of 900.4 B provides information on Bank of America's total assets, liabilities, and equity, which is the actual value of Bank of America to its prevalent stockholders. By breaking down trends over time using Bank of America balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.

Cash Flow Balance Sheet Income Statement

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Financial Statement Analysis is much more than just reviewing and examining Bank of America latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Bank of America is a good buy for the upcoming year.

Bank of America Inventory

(72.25 Billion)

Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bank of America. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

For information on how to trade Bank Stock refer to our How to Trade Bank Stock guide.

About Bank Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Bank of America at a specified time, usually calculated after every quarter, six months, or one year. Bank of America Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Bank of America and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Bank currently owns. An asset can also be divided into two categories, current and non-current.

Bank of America Balance Sheet Chart

At present, Bank of America's Total Current Liabilities is projected to increase significantly based on the last few years of reporting. The current year's Retained Earnings is expected to grow to about 235.9 B, whereas Total Assets are forecasted to decline to about 1.7 T.

Total Assets Short Long Term Debt Total Total Current Liabilities Total Stockholder Equity

Add Fundamental

Total Assets

Total assets refers to the total amount of Bank of America assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Bank of America books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Total Current Liabilities

Total Current Liabilities is an item on Bank of America balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Bank of America are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Most accounts from Bank of America's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Bank of America current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bank of America. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

For information on how to trade Bank Stock refer to our How to Trade Bank Stock guide.At present, Bank of America's Total Current Liabilities is projected to increase significantly based on the last few years of reporting. The current year's Retained Earnings is expected to grow to about 235.9 B, whereas Total Assets are forecasted to decline to about 1.7 T.

	2021	2022	2023	2024 (projected)
Short and Long Term Debt Total	303.9B	302.9B	334.3B	285.8B
Total Assets	3.2T	3.1T	3.2T	1.7T

Short Long Term Debt Total Total Assets

Bank of America balance sheet Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Common Stock Total Equity	Common Stock	Other Liab	Accounts Payable	Other Assets
Total Assets		0.57	0.06	0.09	0.92	0.8	-0.14	0.66	0.69	0.39	-0.2	0.79	0.69	0.56	0.19	0.48	-0.07	1.0	0.82	0.45	0.21	0.11	0.09	-0.21	0.26	0.59
Short Long Term Debt Total	0.57		-0.11	-0.09	0.75	0.88	0.55	0.06	0.19	-0.01	-0.24	0.66	0.73	0.88	0.27	0.66	0.24	0.55	0.87	0.49	0.53	0.78	0.77	0.41	-0.23	0.65
Other Current Liab	0.06	-0.11		1.0	-0.06	0.1	-0.28	0.58	0.48	0.92	0.9	-0.33	0.04	-0.25	0.6	0.05	-0.33	0.07	0.13	-0.79	0.51	-0.2	-0.24	-0.2	-0.06	-0.66
Total Current Liabilities	0.09	-0.09	1.0		-0.03	0.12	-0.28	0.6	0.5	0.93	0.89	-0.31	0.06	-0.24	0.61	0.06	-0.34	0.1	0.16	-0.78	0.53	-0.2	-0.24	-0.21	-0.05	-0.64
Total Stockholder Equity	0.92	0.75	-0.06	-0.03		0.81	0.09	0.47	0.49	0.2	-0.21	0.83	0.84	0.81	0.23	0.52	0.06	0.9	0.82	0.55	0.27	0.43	0.41	-0.12	0.02	0.71
Property Plant And Equipment Net	0.8	0.88	0.1	0.12	0.81		0.33	0.4	0.47	0.31	-0.16	0.67	0.71	0.7	0.37	0.6	0.1	0.8	0.99	0.37	0.51	0.47	0.45	0.24	-0.01	0.57
Net Debt	-0.14	0.55	-0.28	-0.28	0.09	0.33		-0.55	-0.64	-0.41	-0.21	-0.06	0.31	0.51	0.3	0.03	0.31	-0.17	0.31	0.14	0.36	0.72	0.72	0.7	-0.43	0.29
Retained Earnings	0.66	0.06	0.58	0.6	0.47	0.4	-0.55		0.87	0.83	0.34	0.32	0.19	-0.01	0.29	0.17	-0.41	0.68	0.4	-0.15	0.28	-0.36	-0.38	-0.61	0.28	0.04
Cash	0.69	0.19	0.48	0.5	0.49	0.47	-0.64	0.87		0.74	0.2	0.53	0.24	0.06	0.15	0.43	-0.31	0.7	0.48	0.06	0.26	-0.25	-0.27	-0.45	0.41	0.08
Non Current Assets Total	0.39	-0.01	0.92	0.93	0.2	0.31	-0.41	0.83	0.74		0.69	-0.02	0.16	-0.14	0.56	0.16	-0.38	0.4	0.33	-0.54	0.51	-0.27	-0.3	-0.34	0.16	-0.4
Non Currrent Assets Other	-0.2	-0.24	0.9	0.89	-0.21	-0.16	-0.21	0.34	0.2	0.69		-0.54	-0.03	-0.29	0.49	-0.14	-0.28	-0.19	-0.12	-0.86	0.35	-0.14	-0.18	-0.25	-0.24	-0.72
Cash And Short Term Investments	0.79	0.66	-0.33	-0.31	0.83	0.67	-0.06	0.32	0.53	-0.02	-0.54		0.62	0.71	-0.06	0.59	0.11	0.78	0.66	0.84	0.13	0.37	0.38	-0.05	0.33	0.79
Net Receivables	0.69	0.73	0.04	0.06	0.84	0.71	0.31	0.19	0.24	0.16	-0.03	0.62		0.87	0.42	0.44	0.27	0.67	0.73	0.37	0.43	0.67	0.64	0.2	-0.11	0.5
Common Stock Shares Outstanding	0.56	0.88	-0.25	-0.24	0.81	0.7	0.51	-0.01	0.06	-0.14	-0.29	0.71	0.87		0.26	0.51	0.29	0.53	0.69	0.61	0.45	0.86	0.85	0.29	-0.2	0.73
Non Current Liabilities Total	0.19	0.27	0.6	0.61	0.23	0.37	0.3	0.29	0.15	0.56	0.49	-0.06	0.42	0.26		-0.16	-0.14	0.19	0.36	-0.37	0.74	0.33	0.3	0.16	-0.33	-0.21
Other Current Assets	0.48	0.66	0.05	0.06	0.52	0.6	0.03	0.17	0.43	0.16	-0.14	0.59	0.44	0.51	-0.16		0.22	0.47	0.63	0.35	0.29	0.36	0.35	0.2	0.22	0.31
Other Stockholder Equity	-0.07	0.24	-0.33	-0.34	0.06	0.1	0.31	-0.41	-0.31	-0.38	-0.28	0.11	0.27	0.29	-0.14	0.22		-0.08	0.1	0.29	-0.15	0.4	0.41	0.39	-0.17	0.27
Total Liab	1.0	0.55	0.07	0.1	0.9	0.8	-0.17	0.68	0.7	0.4	-0.19	0.78	0.67	0.53	0.19	0.47	-0.08		0.81	0.43	0.2	0.07	0.05	-0.22	0.28	0.57
Property Plant And Equipment Gross	0.82	0.87	0.13	0.16	0.82	0.99	0.31	0.4	0.48	0.33	-0.12	0.66	0.73	0.69	0.36	0.63	0.1	0.81		0.34	0.49	0.45	0.43	0.23	0.0	0.53
Total Current Assets	0.45	0.49	-0.79	-0.78	0.55	0.37	0.14	-0.15	0.06	-0.54	-0.86	0.84	0.37	0.61	-0.37	0.35	0.29	0.43	0.34		-0.18	0.39	0.42	0.11	0.25	0.89
Short Term Debt	0.21	0.53	0.51	0.53	0.27	0.51	0.36	0.28	0.26	0.51	0.35	0.13	0.43	0.45	0.74	0.29	-0.15	0.2	0.49	-0.18		0.52	0.5	0.34	-0.15	-0.02
Common Stock Total Equity	0.11	0.78	-0.2	-0.2	0.43	0.47	0.72	-0.36	-0.25	-0.27	-0.14	0.37	0.67	0.86	0.33	0.36	0.4	0.07	0.45	0.39	0.52		1.0	0.55	-0.4	0.45
Common Stock	0.09	0.77	-0.24	-0.24	0.41	0.45	0.72	-0.38	-0.27	-0.3	-0.18	0.38	0.64	0.85	0.3	0.35	0.41	0.05	0.43	0.42	0.5	1.0		0.56	-0.38	0.47
Other Liab	-0.21	0.41	-0.2	-0.21	-0.12	0.24	0.7	-0.61	-0.45	-0.34	-0.25	-0.05	0.2	0.29	0.16	0.2	0.39	-0.22	0.23	0.11	0.34	0.55	0.56		-0.23	0.06
Accounts Payable	0.26	-0.23	-0.06	-0.05	0.02	-0.01	-0.43	0.28	0.41	0.16	-0.24	0.33	-0.11	-0.2	-0.33	0.22	-0.17	0.28	0.0	0.25	-0.15	-0.4	-0.38	-0.23		0.04
Other Assets	0.59	0.65	-0.66	-0.64	0.71	0.57	0.29	0.04	0.08	-0.4	-0.72	0.79	0.5	0.73	-0.21	0.31	0.27	0.57	0.53	0.89	-0.02	0.45	0.47	0.06	0.04

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Bank of America Account Relationship Matchups

Bank of America balance sheet Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	2.4T	2.8T	3.2T	3.1T	3.2T	1.7T
Short Long Term Debt Total	386.6B	399.1B	303.9B	302.9B	334.3B	285.8B
Other Current Liab	(24.2B)	(19.3B)	(23.8B)	(26.9B)	825.4B	866.7B
Total Current Liabilities	24.2B	19.3B	23.8B	26.9B	857.5B	900.4B
Total Stockholder Equity	264.8B	272.9B	270.1B	273.2B	291.6B	166.8B
Property Plant And Equipment Net	10.6B	11B	10.8B	11.5B	11.9B	9.4B
Net Debt	96.4B	(104.8B)	(51.5B)	65.5B	(7.1B)	(6.8B)
Retained Earnings	156.3B	164.1B	188.1B	207.0B	224.7B	235.9B
Cash	168.7B	387.0B	355.4B	237.5B	327.5B	343.8B
Non Current Assets Total	781.5B	963.7B	1.3T	1.2T	2.8T	3.0T
Non Currrent Assets Other	(781.5B)	(963.7B)	(1.3T)	(1.2T)	1.7T	1.8T
Cash And Short Term Investments	414.3B	621.5B	654.5B	458.3B	327.5B	279.3B
Net Receivables	55.9B	64.2B	72.7B	67.4B	96.7B	51.2B
Common Stock Shares Outstanding	9.4B	8.8B	8.6B	8.2B	8.1B	6.6B
Liabilities And Stockholders Equity	2.4T	2.8T	3.2T	3.1T	3.2T	1.7T
Non Current Liabilities Total	240.9B	262.9B	280.1B	2.5T	2.8T	3.0T
Other Current Assets	1.3T	1.2T	1.2T	133.8B	981.4B	762.1B
Other Stockholder Equity	23.4B	24.5B	(5.1B)	(21.2B)	(24.3B)	(23.1B)
Total Liab	2.2T	2.5T	2.9T	2.8T	2.9T	1.5T
Property Plant And Equipment Gross	9.2B	9.9B	10.6B	11B	12.7B	9.1B
Total Current Assets	490.0B	702.7B	742.0B	539.3B	36.2B	34.4B
Short Term Debt	24.2B	19.3B	23.8B	26.9B	32.1B	50.1B
Common Stock Total Equity	91.7B	86.0B	62.4B	59.0B	67.8B	94.8B
Accumulated Other Comprehensive Income	(6.6B)	(1.7B)	(5.1B)	(21.2B)	(17.8B)	(16.9B)
Common Stock	91.7B	86.0B	62.4B	59.0B	56.4B	93.5B
Other Liab	5.3B	11.1B	6.7B	5.6B	5.1B	4.8B
Accounts Payable	182.8B	181.8B	2.1T	224.1B	201.7B	352.2B
Other Assets	1.2T	1.2T	1.1T	1.3T	319.6B	303.6B
Long Term Debt	240.9B	262.9B	280.1B	276.0B	302.2B	282.8B
Short Term Investments	245.6B	234.5B	299.2B	220.8B	266.6B	236.1B
Inventory	285M	164M	130M	170M	(68.8B)	(72.2B)
Preferred Stock Total Equity	23.4B	24.5B	24.7B	28.4B	32.7B	17.3B
Intangible Assets	1.7B	1.6B	2.2B	2.1B	400M	380M
Property Plant Equipment	10.6B	11B	10.8B	11.5B	13.2B	11.1B
Retained Earnings Total Equity	156.3B	164.1B	188.1B	207.0B	238.1B	250.0B
Net Tangible Assets	195.9B	204.0B	176.3B	204.2B	234.8B	192.0B
Long Term Debt Total	362.4B	379.8B	280.1B	276.0B	248.4B	297.6B
Long Term Investments	702.0B	883.7B	1.2T	1.2T	1.0T	968.6B
Non Current Liabilities Other	165.1B	170.3B	192.3B	195.6B	176.1B	159.2B

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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:

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Is Bank Stock a good investment?

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What is Bank of America's Net Worth?

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For information on how to trade Bank Stock refer to our How to Trade Bank Stock guide.

You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.

Is Diversified Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Bank of America. If investors know Bank will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Bank of America listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

(0.10)

Dividend Share

0.98

Earnings Share

2.76

Revenue Per Share

11.95

Quarterly Revenue Growth

(0.01)

The market value of Bank of America is measured differently than its book value, which is the value of Bank that is recorded on the company's balance sheet. Investors also form their own opinion of Bank of America's value that differs from its market value or its book value, called intrinsic value, which is Bank of America's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Bank of America's market value can be influenced by many factors that don't directly affect Bank of America's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

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.

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Bank Historical Balance Sheet

Bank of America Inventory

(72.25 Billion)

About Bank Balance Sheet Analysis

Bank of America Balance Sheet Chart

Total Assets

Total Current Liabilities

Total Stockholder Equity

Bank of America balance sheet Correlations

Bank of America Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Bank of America balance sheet Accounts

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Total Liab	+ 1.0	Total Assets
Total Current Liabilities	+ 1.0	Other Current Liab
Common Stock	+ 1.0	Common Stock Total Equity
Property Plant And Equipment Gross	+ 0.99	Property Plant And Equipment Net
Non Current Assets Total	+ 0.93	Total Current Liabilities
Total Stockholder Equity	+ 0.92	Total Assets

Total Current Assets	- 0.86	Non Currrent Assets Other
Total Current Assets	- 0.79	Other Current Liab
Total Current Assets	- 0.78	Total Current Liabilities
Other Assets	- 0.72	Non Currrent Assets Other
Other Assets	- 0.66	Other Current Liab
Cash	- 0.64	Net Debt