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Earnings transcript
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BAC
Bank of America Corporation
$63.17
0.17
(0.27%)
| Exchange: | NYSE |
| Market Cap: | 448.292B |
| Shares Outstanding: | 974.783M |
Delayed data
About The Company
| Sector: | Financial Services | |||||
| Industry: | Banks – Diversified | |||||
| CEO: | Brian Thomas Moynihan | |||||
| Full Time Employees: | 213000 | |||||
| Address: |
| |||||
| Website: | https://www.bankofamerica.com |
Operating globally through its various subsidiaries, Bank of America Corporation offers a comprehensive range of banking and financial products and services. Its extensive clientele includes individual consumers, small and mid-market businesses, institutional investors, large corporations, and government bodies worldwide. The Consumer Banking division provides diverse options such as traditional and money market savings accounts, certificates of deposit, individual retirement accounts (IRAs), and both interest-bearing and non-interest-bearing checking accounts, in addition to investment products. This segment also issues credit and debit cards, originates residential mortgages and home equity loans, and offers direct and indirect financing for needs like automotive purchases, recreational vehicles, and personal loans. Within its Global Wealth & Investment Management segment, the company delivers investment management, brokerage, banking, and trust and retirement solutions. It also crafts tailored wealth management strategies, including specialized asset management services. The Global Banking segment furnishes a broad spectrum of lending products, including commercial loans, leases, commitment facilities, trade finance, and both commercial real estate and asset-based lending. Furthermore, it provides treasury solutions such as cash management, foreign exchange, short-term investment options, and merchant services, alongside working capital management guidance. This segment also engages in debt and equity underwriting, distribution, and advisory services related to mergers and acquisitions. Through its Global Markets segment, Bank of America performs market-making activities, offers financing, and provides securities clearing, settlement, and custody services. It also devises risk management products employing interest rate, equity, credit, currency, and commodity derivatives, as well as foreign exchange, fixed-income, and mortgage-related instruments. As of December 31, 2021, the corporation served approximately 67 million consumer and small business clients. Its widespread infrastructure comprised around 4,200 retail financial centers and approximately 16,000 ATMs, supplemented by digital banking platforms utilized by roughly 41 million active users. Founded in 1784, Bank of America is headquartered in Charlotte, North Carolina.
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Revenue Segmentation
EPS
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Earnings Call
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Key takeaways
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Login — it's freeIncome Statement
| Year | 2023 | 2024 | 2025 |
|---|---|---|---|
| Revenue | 171,912,000 | 192,434,000 | 191,567,000 |
| Gross Profit | 94,187,000 | 96,066,000 | 107,422,000 |
| EBITDA | 30,399,000 | 31,443,000 | 40,009,000 |
| Operating Income | 28,342,000 | 29,254,000 | 37,695,000 |
| Net Income | 26,515,000 | 27,132,000 | 30,509,000 |
(* All numbers are in thousands)
Balance Sheet
| Year | 2023 | 2024 | 2025 |
|---|---|---|---|
| Total Assets | 3,180,151,000 | 3,261,519,000 | 3,410,394,000 |
| Total Liabilities | 2,888,505,000 | 2,965,960,000 | 3,107,151,000 |
| Total Stockholders Equity | 291,646,000 | 295,559,000 | 303,243,000 |
| Total Debt | 618,189,000 | 658,428,000 | 365,904,000 |
| Cash and Cash Equivalents | 341,419,000 | 296,486,000 | 231,845,000 |
(* All numbers are in thousands)
Cash Flow Statement
| Year | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating Cash Flow | 44,982,000 | -8,805,000 | 12,613,000 |
| Capital Expenditure | 0 | 0 | 0 |
| Free Cash Flow | 44,982,000 | -8,805,000 | 12,613,000 |
| Net Income | 26,515,000 | 27,132,000 | 30,509,000 |
| Net Change in Cash | 102,870,000 | -42,959,000 | -58,269,000 |
(* All numbers are in thousands)
Analyst Estimates
| Fiscal Year | 2029 | Research Access | Research Access | Research Access | Research Access |
|---|---|---|---|---|---|
| Estimated Revenue (Low) | 130,606,851.082 | Research Access | Research Access | Research Access | Research Access |
| Estimated Revenue (High) | 136,571,088.626 | Research Access | Research Access | Research Access | Research Access |
| Estimated Revenue (Avg) | 133,400,000 | Research Access | Research Access | Research Access | Research Access |
| Estimated Ebitda (Low) | 31,807,579.971 | Research Access | Research Access | Research Access | Research Access |
| Estimated Ebitda (High) | 33,260,091.544 | Research Access | Research Access | Research Access | Research Access |
| Estimated Ebitda (Avg) | 32,487,814.636 | Research Access | Research Access | Research Access | Research Access |
| Estimated Net Income (Low) | 50,068,851.490 | Research Access | Research Access | Research Access | Research Access |
| Estimated Net Income (High) | 53,060,442.651 | Research Access | Research Access | Research Access | Research Access |
| Estimated Net Income (Avg) | 51,469,858.006 | Research Access | Research Access | Research Access | Research Access |
| Estimated SGA Expense (Low) | 44,079,984.659 | Research Access | Research Access | Research Access | Research Access |
| Estimated SGA Expense (High) | 46,092,922.704 | Research Access | Research Access | Research Access | Research Access |
| Estimated SGA Expense (Avg) | 45,022,676.106 | Research Access | Research Access | Research Access | Research Access |
| Estimated EPS (Avg) | 6.820 | Research Access | Research Access | Research Access | Research Access |
| Estimated EPS (High) | 7.030 | Research Access | Research Access | Research Access | Research Access |
| Estimated EPS (Low) | 6.630 | Research Access | Research Access | Research Access | Research Access |
| Number of Analysts (Estimated Revenue) | 1 | Research Access | Research Access | Research Access | Research Access |
| Number of Analysts (Estimated EPS) | 2 | Research Access | Research Access | Research Access | Research Access |
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Current Key Metrics
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Login — it's freeForward P/E Ratios
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Login — it's freeSWOT Analysis
Strengths (preview)
- Company profile indicates established operations in the financial sector with full-time employee base and geographic revenue segmentation supporting diversified income streams.
- Balance sheet metrics include total assets, cash equivalents, and stockholders' equity, providing a foundation for liquidity assessment via current and quick ratios.
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Intrinsic Value Calculator
This is an automatic estimate. The most reliable way to know fair value for your own assumptions is to run the calculator below.
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Common questions about BAC valuation
Is Bank of America Corporation (BAC) overvalued or undervalued right now?
MARKETSnap estimates intrinsic value for Bank of America Corporation (BAC) using its proprietary valuation methodology, which incorporates discounted cash flow (DCF) analysis together with long-term earnings and fundamentals assumptions. By comparing intrinsic value to the current market price, long-term investors can see whether the stock screens as potentially overvalued, fairly valued, or undervalued today.
Is BAC a buy, hold, or sell for long-term investors?
MARKETSnap does not give one-word “buy” or “sell” calls. Instead, it shows whether BAC trades at a premium or discount to its estimated intrinsic value, how sensitive that value is to growth and margin assumptions, and how the stock fits into a diversified, long-term portfolio so investors can make their own buy, hold, or sell decision.
What is BAC’s P/E ratio?
You can see BAC’s trailing P/E (TTM) and forward P/E estimates in the Current Key Metrics and Forward P/E Ratios sections above. The P/E ratio compares the current share price to earnings per share and helps investors gauge valuation relative to earnings.
How is intrinsic value calculated for BAC?
MARKETSnap uses its own valuation framework—not a generic spreadsheet DCF alone. Future cash flows and earnings are projected, discounted, and combined with MARKETSnap’s methodology so intrinsic value reflects fundamentals and long-term assumptions. You can run your own inputs and see the result using the Intrinsic Value Calculator above.
Is BAC a good long-term investment?
Whether BAC fits a long-term portfolio depends on your assumptions about growth, margins, and risk. MARKETSnap provides the metrics, intrinsic value calculator, and SWOT context so you can form your own view rather than rely on a single buy/sell rating.
BAC
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Daily snapshot
0.27
Trading Metrics:
| Open: | 62.71 | Previous Close: | 63 | |
| Day Low: | 62.39 | Day High: | 63.22 | |
| Year Low: | 44.98 | Year High: | 63.22 | |
| Price Avg 50: | 57.47 | Price Avg 200: | 53.63 | |
| Volume: | 0 | Average Volume: | 35.894M |
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Login — it's freeBAC full analysis
Welcome to MARKETSNAP’s SWOT analysis for BAC. With the source data limited to column structures and a single earnings call entry dated April 2026 that carries no summary or details, there is little concrete information available on recent performance, financial statements, valuations, or news developments to shape a deeper view. That said, the absence of reported metrics such as revenue trends, net income changes, free cash flow, or forward P/E estimates leaves the long-term picture for Bank of America largely…
