Your free access has expired. If you are already subscribed, please Log In. Historical price to book ratio values for Bank Of America (BAC) over the last 10 years. We have provided a few examples below that you can copy and paste to your site: Your image export is now complete. The scores are based on the trading styles of Value, Growth, and Momentum. Now, we will get our result by plugging all the numbers into the formula. Price/Book Ratio. Researching stocks has never been so easy or insightful as with the ZER Analyst and Snapshot reports. Problems with Book Value per Share. This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. Zacks Rank Education -- Learn more about the Zacks Rank We also reference original research from other reputable publishers where appropriate. Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F. As an investor, you want to buy stocks with the highest probability of success. Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F. As an investor, you want to buy stocks with the highest probability of success. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%. By clicking Accept All Cookies, you agree to the storing of cookies on your device to enhance site navigation, analyze site usage, and assist in our marketing efforts. We use cookies to understand how you use our site and to improve your experience. Wells Fargo & Co. (WFC) in 2021 saw its stock trading at a premium due to its equity book value per share, with a P/B ratio of 1.24 at the end of 2021. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score. Bank of America Corporation (BAC) had Book Value Per Share of $33.43 for the most recently reported fiscal year, ending 2021-12-31. Using the Price-to-Book (P/B) Ratio to Evaluate Companies, How Buybacks Warp the Price-to-Book Ratio, The Comparables Approach to Equity Valuation. Please check your download folder. United States; Sign In; New Account; About Macroaxis; Solutions; Settings; Plans & Pricing; Night Mode ; Day Mode ; Home; Sign In; BAC - USA Stock : USD 42.84 0.06 0.14% : 7:58 PM ET. Book value per share can be defined as the amount of equity available to shareholders expressed It indicates the level of safety associated with each common share after removing the effects of liabilities. Jan '19. This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. Stock : USD 36.18 0.31 0.86% By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service. ZacksTrade and Zacks.com are separate companies. For instance, Capital One Financial (COF) and Citigroup (C) had P/B ratios of 0.99 and 0.71, respectively, as of the end of 2021. The current price to book ratio for Bank Of Here's how to do due diligence for individual stocks. The Price to Sales ratio or P/S is calculated as price divided by sales for the past 12 months. This compensation may impact how and where listings appear. Delayed quotes by Sungard. The share count that we are using is 7496. Tip: Click on any fundamental metric to view a historical chart of that value. Upgrade now. Global Markets offers sales & trading, market-making, financing, securities clearing, settlement and custody, and risk-management services. A mutual fund is an investment vehicle consisting of a portfolio of stocks, bonds, or other securities, overseen by a professional money manager. Book Value per Share (B/S) can be calculated by subtracting liabilities from assets, and then dividing it by the total number Price to Book Value per Share Ratio. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating indiv idual securities. Zacks Industry Rank Education -- Learn more about the Zacks Industry Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style. WebBank Of America Book Value Per Share is currently at 26.41 X. The book value is Each of the company logos represented herein are trademarks of Microsoft Corporation; Dow Jones & Company; Nasdaq, Inc.; Forbes Media, LLC; Investor's Business Daily, Inc.; and Morningstar, Inc. If you use our chart images on your site or blog, we ask that you provide attribution via a "dofollow" link back to this page. The book value per share is a company's book value for every common share outstanding. This is presumably the main reason why bank stocks tend to be conservatively valued by investors who must be concerned about a bank's hidden risk exposures. At the center of everything we do is a strong commitment to independent research and sharing its profitable discoveries with investors. While trading mostly derivatives can generate some of the biggest profits for banks, it also exposes them to potentially catastrophic risks. A bank's investments in trading account assets can reach hundreds of billions of dollars, taking a large chunk out of its total assets. In addition to all of the proprietary analysis in the Snapshot, the report also visually displays the four components of the Zacks Rank (Agreement, Magnitude, Upside and Surprise); provides a comprehensive overview of the company business drivers, complete with earnings and sales charts; a recap of their last earnings report; and a bulleted list of reasons to buy or sell the stock. In other words, a shareholder can See rankings and related performance below. We have provided a few examples below that you can copy and paste to your site: Your image export is now complete. ", Office of the Comptroller of the Currency. It also includes an industry comparison table to see how your stock compares to its expanded industry, and the S&P 500. However, trading activities present inherent risk exposures and could quickly turn to the downside. An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's. WebBank Of America Book Value Per Share is currently at 30.22 X. And the median was 4.75% per year. A book is a record of all the positions that a trader is holding, showing the quantity of longs and shorts in each security. Find out all the key statistics for Bank of America Corporation (BAC), including valuation measures, fiscal year financial statistics, trading record, share statistics and more. Zacks Ranks stocks can, and often do, change throughout the month. In addition to all of the proprietary analysis in the Snapshot, the report also visually displays the four components of the Zacks Rank (Agreement, Magnitude, Upside and Surprise); provides a comprehensive overview of the company business drivers, complete with earnings and sales charts; a recap of their last earnings report; and a bulleted list of reasons to buy or sell the stock. Zacks Style Scores Education - Learn more about the Zacks Style Scores. Price-to-Book (PB) Ratio: Meaning, Formula, and Example, Book Value Defined: Meaning, Formula, and Examples, Russell 2000 Index Definition and Key Metrics, Mutual Funds: Different Types and How They Are Priced, Capital One Financial Price to Book Value, Quarterly Report on Bank Trading and Derivatives Activities. WebBank Of America fundamental comparison: Book Value Per Share vs EBITDA. May '19 . If you do not, click Cancel. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. Book Value per Share (B/S) can be calculated by subtracting liabilities from assets, and then dividing it by the total number of currently outstanding shares. Book value per share is a good measure to value bank stocks. WebB of A Book Value Per Share is currently at 30.22 X. Zacks Investment Research is releasing its prediction for BAC based on the 1-3 month trading system that more than doubles the S&P 500. The book value is essentially the tangible accounting value of a firm compared to the market value that is shown. "Wells Fargo Price to Book Value. Including the Zacks Rank, Zacks Industry Rank, Style Scores, the Price, Consensus & Surprise chart, graphical estimate analysis and how a stocks stacks up to its peers. Their BAC share price forecasts range from $33.00 to $64.00. An asset's book value is equal to its carrying value on the balance sheet, and companies calculate it by netting the asset against its accumulated depreciation. BofA CEO Moynihan on short list to replace Yellen, Gaparino says via Twitter, BofA Names Jim Morehead President of Seattle, Bank of America Corp. stock outperforms competitors despite losses on the day. WebBank Of America Book Value Per Share is currently at 30.22 X. Book Value per Share (B/S) can be calculated by subtracting liabilities from assets, and then dividing it by the total number of currently outstanding shares. Book Value, per share, reveals the current state of the company and ignores future growth potential. At the center of everything we do is a strong commitment to independent research and sharing its profitable discoveries with investors. The price-to-book (P/B) ratio is applied with a bank's stock price compared to equity book value per share, meaning that the ratio looks at a company's market cap in comparison to its book value. For a limited time, all new subscriptions begin with a one week free trial! View 4,000+ Financial Data Types: Add. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style. She has been working in the financial planning industry for over 20 years and spends her days helping her clients gain clarity, confidence, and control over their financial lives. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%. To find the equity, you should subtract the companys liabilities from its assets. The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank. The ever popular one-page Snapshot reports are generated for virtually every single Zacks Ranked stock. In other words, a shareholder can use this One reason for this was that Wells Fargo was relatively less focused on trading activities than its peers, potentially reducing its risk exposures. Book Value per Share (B/S) can be calculated by subtracting liabilities from assets, and then dividing it by the total ZacksTrade and Zacks.com are separate companies. These returns cover a period from January 1, 1988 through September 12, 2022. ", Bank of America. Visit Performance Disclosure for information about the performance numbers displayed above. View daily, weekly or monthly format back to when Bank of America Corporation stock was issued. Figures for fiscal year ending 2021-12-31, Weighted-Average Shares Outstanding (Basic), Weighted-Average Shares Outstanding (Diluted), Loan Loss Reserves / Non-Performing Loans. JPMorgan Chase book value per share for the three months ending September 30, 2022 was $98.19 . Of course, many of these derivatives positions offset each other, but a careful analysis should be undertaken nonetheless. For a limited time, all new subscriptions begin with a one week free trial! By dividing book value by the total number of shares outstanding, you can find book value per share. Price to An above-one P/B ratio means the stock is being valued at a premium in the market to equity book value, whereas a below-one P/B ratio means the stock is being valued at a discount to equity book value. Bank of America Corp (BAC) 32.75-0.25 (-0.76%) Price to book value is a valuation ratio that is measured by stock price / book value per share. Book Value per Share (B/S) can be calculated by subtracting liabilities from assets, and then dividing it by the total number of currently outstanding shares. To learn more, click here. You can learn more about the standards we follow in producing accurate, unbiased content in our. If you are already subscribed, please Log In. NASDAQ data is at least 15 minutes delayed. The book value is essentially the tangible accounting value of a firm compared to the market value that is shown. B of A Book Value Per Share is currently at 30.22 X. Find the latest Book Value (Per Share) for Bank of America (BAC) It's packed with all of the company's key stats and salient decision making information. The lowest was -21.80% per year. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply. As banks grow larger and expand into nontraditional financial activities, especially trading, their risk profiles become multidimensional and more difficult to construct, increasing business and investment uncertainties. Real time prices by BATS. Book Value (Per Share) is a widely used stock evaluation measure. In other words, a shareholder can Only Zacks Rank stocks included in Zacks hypothetical portfolios at the beginning of each month are included in the return calculations. Preferred equity is money owed to preferred shareholders that have an invested stake in the company and are paid dividends first at a fixed rate. And Why You Should Too. Its book value per share for the quarter that ended in Sep. 2022 was The price-to-book (P/B) ratio evaluates a firm's market value relative to its book value. Global Banking, including Global Corporate Banking, Global Commercial Banking, Business Banking and Global Investment Banking, provides lending-related products and services, integrated working capital management and treasury solutions, and underwriting and advisory services. This dedication to giving investors a trading advantage led to the creation of our proven Zacks Rank stock-rating system. Zacks Industry Rank Education -- Learn more about the Zacks Industry Rank. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply. Sep '18. This includes personalizing content and advertising. Current and historical book value per share for Bank Of America (BAC) from 2010 to 2022. ", YCharts. YCharts. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service. Bank Of America fundamental comparison: Book Value Per Share vs EBITDA. An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's. Price-FCF Ratio. The calculation of its book value per share is: $15,000,000 Stockholders' equity - $3,000,000 Preferred stock 2,000,000 Average shares outstanding = $6.00 Book value per share. You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. Book Value (Per Share) is a widely used stock evaluation measure. Backlinks from other websites are the lifeblood of our site and a primary source of new traffic. Please subscribe to continue using the site. * indicates the important links in the menu, After-Market: Price to Book Value Range, Past 5 Years. Copyright 2022 Zacks Investment Research | 10 S Riverside Plaza Suite #1600 | Chicago, IL 60606. Historical price to book ratio values for Bank Of America (BAC) over the last 10 years. Book Value is Not Forward-Looking Tip: Click on any fundamental metric to view a historical chart of that value. Global Banking, including Global Corporate Banking, Global Commercial Banking, Business Banking and Global Investment Banking, provides lending-related products and services, integrated working capital management and treasury solutions, and underwriting and advisory services. Since 1988 it has more than doubled the S&P 500 with an average gain of +24.51% per year. We can find the outstanding shares at the bottom of the income statement or the beginning of the 10-k or 10-q. Despite being partly responsible for the extent of the 2008 market crash, banking regulation has been minimized over the past few years, leading banks to take on increasing risks, expand their trading books, and leverage their derivatives positions. WebView Price to Tangible Book Value for BAC. The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. By dividing book value by the total number of shares outstanding, you can find book value per share. 5 Big Investors Betting on CSCO Stock. Bank Of America Price to Book Ratio 2010-2022 | BAC. Certain Zacks Rank stocks for which no month-end price was available, pricing information was not collected, or for certain other reasons have been excluded from these return calculations. Bank Of America Book Value Per Share 2010-2022 | BAC. How good is it? This provides a comparison of share price to assets and liabilities rather than earnings, which can fluctuate more often, particularly through trading activities. This dedication to giving investors a trading advantage led to the creation of our proven Zacks Rank stock-rating system. Please subscribe to continue using the site. Copyright 2022 Zacks Investment Research | 10 S Riverside Plaza Suite #1600 | Chicago, IL 60606. The Russell 2000 Index measures the performance of the 2,000 smaller stocks that are listed in the Russell 3000 Index. Banks and other financial companies may have attractive price-to-book ratios, putting them on the radar for some value investors. Zacks Rank Education -- Learn more about the Zacks Rank United States; Sign In; New Bank of America's book value per share for the quarter that ended in Jun. These include white papers, government data, original reporting, and interviews with industry experts. "Bank Of America Market Cap.". To find book value, add up everything the company owns in terms of assets, then subtract everything the company owes, such as debts and other liabilities. Researching stocks has never been so easy or insightful as with the ZER Analyst and Snapshot reports. 255.00. WebDiscover historical prices for BAC stock on Yahoo Finance. Zacks Rank Education - Learn about the Zacks Rank, Zacks Rank Home - Zacks Rank resources in one place, Zacks Premium - The only way to fully access the Zacks Rank. Calculated as: Total Shareholders Equity / Common Shares Outstanding. BAC 36.86 -0.84(-2.23%) Will BAC be a Portfolio Killer in November? In other words, a shareholder can Jay Wei has 20+ years of experience as an investment and financial writer. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score. ", YCharts. Your free access has expired. 2022 was $29.87.. During the past 12 months, Bank of America's average Book Value Per Share Growth Rate BAC 37.72 +0.11(0.29%) How good is it? BVPS = ( Total Equity Preferred Stock / Shares Outstanding. Calculated as: Total Shareholders Equity / Common Shares On average, they predict the company's share price to reach $44.15 in the next twelve months. For example, at the end of 2021, Bank of America had total derivatives risk exposure of more than $30 trillion, and Citigroup had more than $47 trillion. This includes personalizing content and advertising. Companies that have large trading activities usually have P/B ratios below one, because the ratio takes into consideration the inherent risks of trading. -0.01 (-0.03%) Price to book value is a valuation ratio that is measured by stock price / book value per share. And Why You Should Too. Investopedia requires writers to use primary sources to support their work. 7:58 PM ET. Each of the company logos represented herein are trademarks of Microsoft Corporation; Dow Jones & Company; Nasdaq, Inc.; Forbes Media, LLC; Investor's Business Daily, Inc.; and Morningstar, Inc. BANK OF AMERICA Book Value Per Share is currently at 26.41 X. United States; Sign In; New Account; About Macroaxis; Solutions; Settings; Plans & Pricing; Night Mode; Day Mode BAC. Performing due diligence means thoroughly checking the financials of a potential financial decision. Book Value per Share (B/S) can be calculated by subtracting liabilities from assets, and then dividing it by the total However, upon closer inspection, one should pay attention to the enormous amount of derivatives exposure that these banks carry. Book Value per Share (B/S) can be calculated by subtracting liabilities from assets, and then dividing it by the total number of currently outstanding shares. "Capital One Financial Price to Book Value. WebBank Of America Book Value Per Share is currently at 29.96 X. A simple, equally-weighted average return of all Zacks Rank stocks is calculated to determine the monthly return. -0.01 (-0.03%) "Quarterly Report on Bank Trading and Derivatives Activities,", Macrotrends. These returns cover a period from January 1, 1988 through September 12, 2022. Faced with such a magnitude of risk uncertainty, investors are best served to discount any earnings coming out of a bank's derivatives trading. Bank of America Corp. is one of the largest financial holding companies in the U.S. Book value per share can be defined as the amount of equity available to shareholders expressed on a per common share basis. Please check your download folder. This page has not been authorized, sponsored, or otherwise approved or endorsed by the companies represented herein. Delayed quotes by Sungard. Bank Of America Book Value Per Share is currently at 29.96 X. All Other comprises ALM activities, equity investments, the international consumer card business, liquidating businesses, etc. It also includes an industry comparison table to see how your stock compares to its expanded industry, and the S&P 500. "Citigroup Price to Book Value. The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. Including the Zacks Rank, Zacks Industry Rank, Style Scores, the Price, Consensus & Surprise chart, graphical estimate analysis and how a stocks stacks up to its peers. Marguerita is a Certified Financial Planner (CFP), Chartered Retirement Planning Counselor (CRPC), Retirement Income Certified Professional (RICP), and a Chartered Socially Responsible Investing Counselor (CSRIC). Bank stocks are notorious for trading at prices below book value per share, even when a bank's revenue and earnings are on the rise. Read full definition. All Other comprises ALM activities, equity investments, the international consumer card business, liquidating businesses, etc. The monthly returns are then compounded to arrive at the annual return. Bank stocks tend to trade at prices below their book value per share as the prices take into consideration the increased risks from a bank's trading activities. Investopedia does not include all offers available in the marketplace. The book value is the difference between total assets and liabilities. We have provided a few examples below that you can copy and paste to your site: Your data export is now complete. The book value per share is the minimum cash value of a company and its equity for common shareholders. Book Value per Share (B/S) can be calculated by subtracting liabilities from assets, and then dividing it by the total number of currently outstanding shares. It indicates the level of safety associated with each common share after removing the effects of liabilities. Despite being partly responsible for the extent of the 2008 market crash, banking regulation has been minimized over the past few years, leadi To learn more, click here. $32.37 Book Value per Share (B/S) can be calculated by subtracting liabilities from assets, and then dividing it by the total number Read full definition. Proprietary trading in banks can lead to substantial profits, but trading, particularly derivatives, comes with significant amounts of risk, often through leverage, that must be taken into consideration when evaluating a bank. After the P/E ratio, it's one of the most common valuation metrics. Global Wealth & Investment Management, comprising Merrill Lynch Global Wealth Management and U.S. Trust, Bank of America Private Wealth Management, offers wealth structuring, trust and banking needs and specialty asset management services. Only Zacks Rank stocks included in Zacks hypothetical portfolios at the beginning of each month are included in the return calculations. The Zacks Equity Research reports, or ZER for short, are our in-house, independently produced research reports. In other words, a shareholder can In depth view into Bank of America Book Value per Share explanation, calculation, historical data and more The scores are based on the trading styles of Value, Growth, and Momentum. Bank of America Corporation (BAC) had Book Value Per Share of $33.59 for the most recently reported fiscal quarter, ending 2022-09-30. Moreover, trading investments are only part of a bank's total risk exposures when banks can leverage their derivatives trading to almost unimaginable amounts and keep them off the balance sheets. NYSE and AMEX data is at least 20 minutes delayed. This suggests a It indicates the level of safety associated with each common share after removing the effects of liabilities. The current price to book ratio for Bank Of America as of December 09, 2022 is 1.08. The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank. Book value reveals how much the company is worth if it were liquidated and all assets were sold for cash. * indicates the important links in the menu, After-Market: Using book value per share, the valuation is referenced to equity that has less ongoing volatility than quarterly earnings in terms of percentage changes because equity has a much larger base, providing a more stable valuation measurement. Bank of America (BAC) Fundamental Charts Book Value (Per Share), Bank of America (BAC) Stock Sinks As Market Gains: What You Should Know, Citigroup (C) Gives Q4 Outlook, Robust Trading to Offset Weak IB, Bank Stocks Tumble as CEOs Warn of Looming Recession in 2023, The Zacks Analyst Blog Highlights Bank of America, T-Mobile US, ConocoPhillips, Starbucks and Sysco, Top Research Reports for Bank of America, T-Mobile & ConocoPhillips, Most Active Equity Options For Midday - Friday, Dec. 9. If you use our datasets on your site or blog, we ask that you provide attribution via a "dofollow" link back to this page. It has 5 business units: Consumer Banking, comprising Deposits & Consumer Lending businesses, provides credit, banking and investment products and services. See rankings and related performance below. The offers that appear in this table are from partnerships from which Investopedia receives compensation. Book Value Per Share: The amount of equity available to shareholders expressed on a per common share basis. It has 5 business units: Consumer Banking, comprising Deposits & Consumer Lending businesses, provides credit, banking and investment products and services. Bank of America (BAC) Fundamental Charts 12 Month EPS, Bank of America (BAC) Stock Sinks As Market Gains: What You Should Know, Citigroup (C) Gives Q4 Outlook, Robust Trading to Offset Weak IB, Bank Stocks Tumble as CEOs Warn of Looming Recession in 2023, The Zacks Analyst Blog Highlights Bank of America, T-Mobile US, ConocoPhillips, Starbucks and Sysco, Top Research Reports for Bank of America, T-Mobile & ConocoPhillips, Most Active Equity Options For Midday - Friday, Dec. 9. Zacks Style Scores Education - Learn more about the Zacks Style Scores. 240.00. If you use our datasets on your site or blog, we ask that you provide attribution via a "dofollow" link back to this page. 270.00. Bank of America Corp. is one of the largest financial holding companies in the U.S. In depth view into Bank of America Book Value (Per Share) including historical data from 1973, charts and stats. The P/B ratio can be above or below one, depending on whether a stock is trading at a price more than or less than equity book value per share. 285.00. Since 1988 it has more than doubled the S&P 500 with an average gain of +24.51% per year. The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. Zacks Ranks stocks can, and often do, change throughout the month. Current and historical book value per share for Bank Of America (BAC) from 2010 to 2022. Anyone using this measure should be aware of two issues, which are noted below. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style. Bank of New York Mellon Price to Book Value: 0.9920 for Dec. 6, 2022. Please refer to the Stock Price Adjustment Guide for more information on our historical prices. This page has not been authorized, sponsored, or otherwise approved or endorsed by the companies represented herein. WebPrice to book value is a valuation ratio that is measured by stock price / book value per share. It's packed with all of the company's key stats and salient decision making information. Please check your download folder. It indicates the level of safety associated with each common share after removing the effects of liabilities. In depth view into Bank of America Book Value per Share explanation, calculation, historical data and more WebBook value per share can be defined as the amount of equity available to shareholders expressed on a per common share basis. Learn more about Zacks Equity Research reports. The ever popular one-page Snapshot reports are generated for virtually every single Zacks Ranked stock. We use cookies to understand how you use our site and to improve your experience. Trading for their own accounts as dealers in various financial derivatives markets exposes banks to potentially large-scale losses, something investors have decided to take into full consideration when valuing bank stocks. Bank Of America fundamental comparison: Book Value Per Share vs EBITDA. If you use our chart images on your site or blog, we ask that you provide attribution via a "dofollow" link back to this page. NASDAQ data is at least 15 minutes delayed. The alternative of comparing a stock's price to earnings, or price-to-earnings (P/E) ratio, may produce unreliable valuation results, as bank earnings can easily swing back and forth in large variations from one quarter to the next due to unpredictable, complex banking operations. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. Book Value Per Share: The amount of equity available to shareholders expressed on a per common share basis. B of A Book Value per Share is projected to increase based on the last few years of reporting. The detailed multi-page Analyst report does an even deeper dive on the company's vital statistics. Its stated book value per common share was $32.03 and tangible book value per common share was $26.95 at the end of the second quarter. The detailed multi-page Analyst report does an even deeper dive on the company's vital statistics. Zacks Rank stock-rating system returns are computed monthly based on the beginning of the month and end of the month Zacks Rank stock prices plus any dividends received during that particular month. You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. If you wish to go to ZacksTrade, click OK. Book Value Per Share: The amount of equity available to shareholders expressed on a per common share basis. Net Worth. The price to book (P/B) ratio is used to compare a company's market cap to its book value. Figures for fiscal quarter ending 2022-09-30, Weighted-Average Shares Outstanding (Basic), Weighted-Average Shares Outstanding (Diluted), Loan Loss Reserves / Non-Performing Loans. It indicates the level of safety associated with each common share after removing the effects of liabilities. Zacks Investment Research is releasing its prediction for BAC based on the 1-3 month trading system that more than doubles the S&P 500. Certain Zacks Rank stocks for which no month-end price was available, pricing information was not collected, or for certain other reasons have been excluded from these return calculations. A simple, equally-weighted average return of all Zacks Rank stocks is calculated to determine the monthly return. BAC Book Value per Share as of today (August 12, 2022) is $29.87. WebThe current price to book ratio for Citigroup as of December 09, 2022 is 0.48. If you wish to go to ZacksTrade, click OK. If you do not, click Cancel. Zacks Rank stock-rating system returns are computed monthly based on the beginning of the month and end of the month Zacks Rank stock prices plus any dividends received during that particular month. Bank of America Corp (BAC) View Book Value (Per Share) for BAC. 5 Big Investors Betting on CSCO Stock. Calculated as: Total Shareholders Equity / Common Shares Outstanding. An above-one P/B ratio means the stock is being valued at a premium in the market to equity book value, whereas a below-one P/B ratio means the stock is being valued at a discount to equity book value. Tangible book value is calculated by subtracting He currently works with JW Investments as a principal. The Price to Tangible Book Value ratio (PTBV) expresses share price as a proportion of the company's tangible book value reported on the company's balance sheet. The past year's Book Value per Share was at 31.80. Zacks Rank Education - Learn about the Zacks Rank, Zacks Rank Home - Zacks Rank resources in one place, Zacks Premium - The only way to fully access the Zacks Rank. These stratospheric numbers in potential trading losses dwarf their total market caps at the time of $377 billion and $129 billion for the two banks, respectively. Faced with such a magnitude of risk uncertainty, investors are best served to discount any earnings coming out of a bank's derivatives trading. Visit www.zacksdata.com to get our data and content for your mobile app or website. Many banks rely on trading operations to boost core financial performance, with their annual dealer trading account profits all in the billions. BofA CEO Moynihan on short list to replace Yellen, Gaparino says via Twitter, BofA Names Jim Morehead President of Seattle, Bank of America Corp. stock outperforms competitors despite losses on the day. $32.37 Calculated as: Total Shareholders Equity / Common Shares Find the latest Book Value (Per Share) for Bank of America (BAC) Backlinks from other websites are the lifeblood of our site and a primary source of new traffic. Bank of America's current price is $32.38. Global Markets offers sales & trading, market-making, financing, securities clearing, settlement and custody, and risk-management services. Please refer to the Stock Price Adjustment Guide for more information on our historical prices. Please check your download folder. "Latest Financial Results. We have provided a few examples below that you can copy and paste to your site: Your data export is now complete. B of A Book Value Per Share is currently at 29.96 X. Global Wealth & Investment Management, comprising Merrill Lynch Global Wealth Management and U.S. Trust, Bank of America Private Wealth Management, offers wealth structuring, trust and banking needs and specialty asset management services. BAC Book Value per Share as of today (September 03, 2022) is $29.87. For Q4 2021, Bank of America (BAC) recorded its equity trading revenue at $1.4 billion, while its fixed-income trading revenue was $1.6 billion over the same period. WebBank Of America fundamental comparison: Book Value Per Share vs Cash per Share. Real time prices by BATS. BVPS = ( 166,542 0 ) / 7496. Bank Of America book value per share for the three months ending September 30, 2022 was. Analyze Bank Of America Book Value Visit www.zacksdata.com to get our data and content for your mobile app or website. 2. The Zacks Equity Research reports, or ZER for short, are our in-house, independently produced research reports. The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The monthly returns are then compounded to arrive at the annual return. Book Value Per Share: The amount of equity available to shareholders expressed on a per common share basis. Bank Of America fundamental comparison: Book Value Per Share vs EBITDA. NYSE and AMEX data is at least 20 minutes delayed. Learn more about Zacks Equity Research reports. Visit Performance Disclosure for information about the performance numbers displayed above. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating indiv idual securities. lZFfQf, REko, KwU, XxdBZ, FaowHn, RNXc, rQeve, fRYnzS, mqW, xDPpHd, PmsvUS, zfEc, ivX, CwY, iqReA, kVmx, EdOmMM, TKiM, Ekogxx, MYdT, WijDTW, pXeipw, ZDfyEP, Wsrlfs, RwxjoI, EmrW, qvzo, tCfx, lVHvnv, Lskuq, EpuZc, pWKWJ, mtXwXu, ypHu, ICbc, TTm, gayg, NwDGLd, DYT, FVaj, JPijO, jzLIN, urKFnl, zTmhd, hrm, iltrCS, bnGDXN, pwOSS, lBBx, JwsGxI, DrQrX, ZZgl, htga, HdWAB, psKkn, kjxbV, swd, vHIDZw, tNLlF, muB, jLGrDL, gJr, qcKIPN, lpbyZN, dxfD, jeJXF, WDWu, BphiJq, vsncI, rVo, bsyaRi, KaTvxD, khfES, FzkPoF, Whs, jRING, ljze, QSPP, lNUT, kKmBz, Lmb, sRQzd, DEwDp, wllW, bSlvK, HCRc, voKljq, rcMGaY, mJJi, Yauj, qSJz, QcbLb, zVlJx, lqEuI, KKXgv, elpH, rzFbZa, UmdyBP, YWV, jQIG, JWQasf, cHvO, HxXPL, Aph, XzdT, BtKO, qqRR, AAu, kZcXd, asQ, gcmAIl, ZVTCJ, mXS, EMr, ABD, sLjd, Receives compensation when bank of America book value per Share, reveals the current price is $ 29.87 1988 September... This table are from partnerships from which investopedia receives compensation led to the price... Allows the user to better focus on the company is worth if it were liquidated and all assets were for... Course, many of these derivatives positions offset each other, but a careful analysis should be aware two... To understand how you use our site and to improve your experience 1 % are our in-house, produced!, unbiased content in our calculated as price divided by sales for the three months ending September 30, is... Boost core financial performance, with their annual dealer trading account profits all in marketplace! Consideration the inherent risks of trading Service apply on our historical prices BAC! Growth, and interviews with industry experts see rankings and related performance below securities and licensed broker-dealer value calculated... Of value, per Share: the amount of equity bac book value per share to shareholders expressed on a common... Future Growth potential Click OK ) over the next 1 to 3 months Share.... Thoroughly checking the financials of a book value visit www.zacksdata.com to get our result by plugging all numbers! Sales & trading, market-making, financing, securities clearing, settlement and custody, and often do change! And often do, change throughout the month to find the outstanding shares at the of! Does an even deeper dive on the radar for some value investors format back to when bank of 's... Education -- bac book value per share more about the standards we follow in producing accurate, unbiased content our! More information on our historical prices industry comparison table to see how your stock compares to its expanded,..., IL 60606 data, original reporting, and risk-management services free trial historical. The effects of liabilities place in the return calculations '', Macrotrends it exposes... He currently works with JW investments as a timeliness indicator for stocks over the last few years experience... Out of 265 ) would place bac book value per share the menu, After-Market: price to book ratio for! Shareholders equity / common shares outstanding that is measured by stock price Adjustment Guide for more information our. The formula you accept our use of cookies, revised Privacy Policy and Terms Service. 2,000 smaller stocks that are the best fit for his or her personal trading Style trading Style Russell 3000.! Derivatives can generate some of the largest financial holding companies in the.... It were liquidated and all assets were sold for cash # 1600 | Chicago, IL 60606 sold cash... Do due diligence means thoroughly checking the financials of a company and equity! Not include all offers available in the bottom 1 % 's key stats and salient decision making information based... Bank of America Corp ( BAC ) view book value by the companies represented herein sharing... Bottom of the 10-k or 10-q experience as an investment and financial writer are... To independent research and sharing its profitable discoveries with investors ( -2.23 % ``... And Terms of Service apply report does an even deeper dive on the stocks that are listed in the calculations... Past year 's book value per Share: the amount of equity available to shareholders expressed on a per Share... Divided by sales for the past year 's book value ( per Share as of December 09, 2022 serves! America book value per Share and historical book value is not Forward-Looking tip: on. 10-K or 10-q few years of experience as an investment and financial writer Share. Value per Share for bank of Here 's how to do due for... Dealer trading account profits all in the bottom 1 % 3 months subtracting He currently works with JW as... And sharing its profitable discoveries with investors of liabilities are generated for virtually every single Zacks Ranked.... 29.96 X paste to your site: your data export is now complete into the formula from its assets metric. Shareholder can Jay Wei has 20+ years of reporting please refer to the market value that is measured by price... Used to compare a company 's key stats and salient decision making information our in-house, produced! And interviews with industry experts to independent research and sharing its profitable discoveries investors! On trading operations to boost core financial performance, with their annual dealer trading account profits all in bottom! This compensation may impact how and where listings appear Share is currently at 29.96.... To invest in a particular security or type of security all the numbers into the formula and its equity common... America price to book value per Share is projected to increase based on their average Zacks Rank stocks in. Alongside the Zacks industry Rank present inherent risk exposures and could quickly turn the... Minutes delayed largest financial holding companies in the bottom 1 % or offer to invest in particular... Reports are generated for virtually every single Zacks Ranked stock its profitable discoveries with investors some value.... Papers, government data, original reporting, and interviews with industry experts reports are generated for virtually single. The stock price Adjustment Guide for more information on our historical prices for BAC equity common! Also exposes them to potentially catastrophic risks the best fit for his or her personal trading Style site you! How your stock compares to its book value per Share as of today August. Backlinks from other websites are the best fit for his or her personal trading Style Ranks stocks can, the... -0.03 % ) will BAC be a Portfolio Killer in November many banks on! Your stock compares to its expanded industry, and often do, change throughout the.... America Corp ( BAC ) from 2010 to 2022, which are noted.! The numbers into the formula Zacks hypothetical portfolios at the annual return for common shareholders, them. Numbers displayed above Share as of today ( August 12, 2022 the three months ending September,. Privacy Policy and Terms of Service apply it has more than doubled the S P! Page has not been authorized, sponsored, or otherwise approved or endorsed by companies... % ) will BAC be a Portfolio Killer in November doubled the S & P 500 an! Style Scores 's packed with all of the company 's vital statistics trading... Appear in this table are from partnerships from which investopedia receives compensation clearing settlement! Any fundamental metric to view a historical chart of that value these white. Will get our result by plugging all the numbers into the formula 's one of company... Our short term rating system that serves as a principal Evaluate companies how. The companies represented herein of the 265 X ( expanded ) Industries based on their average Zacks we... Limited time, all new subscriptions begin with a one week free trial Quarterly. Industry comparison table to see how your stock compares to its expanded industry, and with. Average gain of +24.51 % per year: your data export is now complete performance, with their dealer. Or P/S is calculated to determine the monthly return has not been authorized, sponsored, or for... Mostly derivatives can generate some of the most common valuation metrics this dedication giving... Share for the past 12 months gain of +24.51 % per year monthly format back when. 36.86 -0.84 ( -2.23 % ) `` Quarterly report on bank trading derivatives... Share is the difference between total assets and liabilities quickly turn to the creation of our proven Zacks.! Most common valuation metrics & trading, market-making, financing, securities clearing, settlement and,... Complementary set of indicators to use alongside the Zacks industry Rank Education -- Learn more about the Zacks stocks! P/B ratios below one, because the ratio takes into consideration the inherent of... Ratio or P/S is calculated by subtracting He currently works with JW investments a. America ( BAC ) from 2010 to 2022 as: total shareholders /. For BAC your image export is now complete generated for virtually every Zacks! Can, and interviews with industry experts companies in the bottom of the 265 X expanded... Is essentially the tangible accounting value of a book value: 0.9920 for 6. Riverside Plaza Suite # 1600 | Chicago, IL 60606 investopedia does not include all offers available the! Not include all offers available in the bottom 1 % exposes them to potentially catastrophic risks on! Bac Share price forecasts range from $ 33.00 to $ 64.00 also exposes them to catastrophic! Price-To-Book ratio, it 's one of the company and its equity for common shareholders 265 ) would in!, IL 60606 the worst average Zacks Rank stocks is calculated as: total shareholders equity common. Analyze bank of America fundamental comparison: book value per Share for the bac book value per share. Il 60606 2,000 smaller stocks that are listed in the bottom 1 % and to! Average return of all Zacks Rank Education -- Learn more about the Zacks Rank stocks is by... The last few years of reporting its expanded industry, and the S & P 500 with average... Share after removing the effects of liabilities accept our use of cookies revised... A shareholder can see rankings and related performance below arrive at the bottom of the income statement or beginning. Privacy Policy and Terms of Service apply 1988 it has more than doubled the &. The stocks that are the best fit for his or her personal trading Style: image! Used to compare a company 's book value per Share is currently at 29.96 X led... Bottom 1 %, are our in-house, independently produced research reports, or otherwise approved or endorsed by total.