BAC Bank of America Corp. Company Overview $BAC
Bank of America Corp. operates as a bank holding company, which provides banking and nonbanking financial services and products through its banking and various nonbanking subsidiaries throughout the United States and in certain international markets. It operates through five segments: Consumer & Business Banking, Consumer Real Estate Services, Global Banking, Global Markets and Global Wealth & Investment Management. The Consumer & Business Banking segment offers a diversified range of credit, banking and investment products and services to consumers and businesses. Its products include traditional savings accounts, money market savings accounts, CDs, IRAs, noninterest- and interest-bearing checking accounts and investment accounts. The Consumer Real Estate Services segment provides an extensive line of consumer real estate products and services to customers nationwide. Its products include fixed- and adjustable-rate first-lien mortgage loans for home purchase and refinancing needs, HELOC and home equity loans. The Global Banking segment provides a range of lending-related products and services, integrated working capital management and treasury solutions to clients, and underwriting and advisory services. The Global Markets segment offers sales and trading services, which includes research to institutional clients across fixed income, credit, currency, commodity and equity businesses. The Global Wealth & Investment Management segment provides wealth management solutions to a broad base of clients from emerging affluent to the ultra-wealthy. Its services include investment and brokerage services, estate and financial planning, fiduciary portfolio management, cash and liability management and specialty asset management. The company was founded by Amadeo Peter Giannini in 1904 is headquartered in Charlotte, NC.
BAC Last Price: 15.64
Last Updated: December 21, 2013 6:23 PM EST
BAC Stock Message Board and Forum http://investorshangout.com/search?q=BAC&...mp;yt0=Go!
Bank of America Corp. BAC Officers and Executives
Name Age Officer Since Title
Mr. Charles Otis Holliday 65 2009 Chairman
Mr. Brian T. Moynihan 53 2004 President, Chief Executive Officer & Director
Mr. Tom K. Montag 56 2009 Co-Chief Operating Officer
Mr. David C. Darnell 60 1979 Co-Chief Operating Officer
Mr. Bruce R. Thompson 48 2007 Chief Financial Officer
Bank of America Corp.
100 North Tryon Street
Charlotte, North Carolina 28255
Phone
1 7043865681
Industry
Banks
Sector
Financials
Fiscal Year-end
12/2013
View SEC Filings Below
Revenue
$103.08B
Net Income
$4.19B
Employees
267,000
Annual Report Below for BAC
Bank of America Corp. BAC Recent Headlines
MarketWatch News on BAC
CFO's have positive 2014 outlook 7:01 a.m. Dec. 20, 2013 - MarketWatch
Religious shareholders push big banks to repent better of sins 9:38 a.m. Dec. 19, 2013 - blogs.marketwatch.com
Trusteed IRAs can help heirs manage inheritance 6:00 a.m. Dec. 19, 2013 - Kelly Greene
Federal judge urges revamp of Detroit debt deal 7:09 p.m. Dec. 18, 2013 - MarketWatch.com
The tiger charity that wasn't; banks brace for Volcker 10:33 a.m. Dec. 18, 2013 - blogs.marketwatch.com
U.S. readying charges against Citi, Merrill:report 3:05 a.m. Dec. 18, 2013 - Barbara Kollmeyer
Red flag from Wall Street as deal making wanes 4:02 p.m. Dec. 17, 2013 - David Weidner
BofA's shoddy mortgage service; London bankers expect big bonuses 9:34 a.m. Dec. 16, 2013 - blogs.marketwatch.com
Are banks dead? Investing in the new financials 6:05 a.m. Dec. 16, 2013 - Jeff Reeves
Merrill Lynch hit with charges on precrisis CDOs 3:06 p.m. Dec. 12, 2013 - blogs.marketwatch.com
Avoid the bitcoin propaganda from the Fed 12:54 p.m. Dec. 12, 2013 - blogs.marketwatch.com
Volcker Rule live — here comes the long-awaited bank-trading regulation 4:14 p.m. Dec. 10, 2013 - blogs.marketwatch.com
Volcker rule called 'reasonable,' but details will prove devilish, analysts say 2:24 p.m. Dec. 10, 2013 - blogs.marketwatch.com
America forgives big banks for financial crisis 11:28 a.m. Dec. 10, 2013 - Catey Hill
Goldman Sachs with most at stake from Volcker Rule 11:20 a.m. Dec. 10, 2013 - blogs.marketwatch.com
Bank of America CEO: Volcker won't change anything 11:00 a.m. Dec. 10, 2013 - Sital S. Patel
The government's 'fact sheet' on the Volcker Rule 9:50 a.m. Dec. 10, 2013 - blogs.marketwatch.com
3 reasons why the Volcker Rule can’t fix Wall Street 5:13 p.m. Dec. 9, 2013 - David Weidner
Value investing for retirement portfolios 6:01 a.m. Dec. 7, 2013 - Robert Powell
Goldbugs want bitcoin to really crash 2:01 p.m. Dec. 4, 2013 - blogs.marketwatch.com
Regulatory Costs Driving Bank Earnings Lower, QE Impact Too 7:58 a.m. Today - 247WallSt.com
Where a Smaller Portfolio Means Bigger Stock Price 6:13 a.m. Today - Barrons.com
Got Mega Millions? Buy Real Estate And Not Stocks, Bonds Or Gold 1:21 a.m. Today - Seeking Alpha
Ocwen Settles Mortgage Abuse Case - Analyst Blog 4:40 p.m. Dec. 20, 2013 - Zacks.com
Deutsche Bank to Pay $1.93 Billion to Resolve FHFA Claims 12:12 p.m. Dec. 20, 2013 - WSJ.com
The Milken Rule And Wide/Sustainable Moats 12:08 p.m. Dec. 20, 2013 - Seeking Alpha
Today's Market: Banking Stocks To Buy For 2014 11:13 a.m. Dec. 20, 2013 - Seeking Alpha
Jones Group Inks $1.2B Go-Private Deal 10:15 a.m. Dec. 20, 2013 - FOXBusiness
A 6%+ Yield Offering Diversification From A World Class Financial 7:36 a.m. Dec. 20, 2013 - Seeking Alpha
Cramer's Mad Money - Themes That Will Work For 2014 (12/19/13) 6:23 a.m. Dec. 20, 2013 - Seeking Alpha
Jim Cramer's 'Mad Money' Recap: Some 'Buys' for the New Year 8:22 p.m. Dec. 19, 2013 - TheStreet.com
Credit Suisse Sued by New Jersey AG - Analyst Blog 4:10 p.m. Dec. 19, 2013 - Zacks.com
Kudos to Judge For Asking Tough Questions 4:00 p.m. Dec. 19, 2013 - FOXBusiness
Broker Default Risk Hits Another Post-Crisis Low 3:12 p.m. Dec. 19, 2013 - Seeking Alpha
Citigroup Said to Sign Lease to Stay in Lower Manhattan 12:07 p.m. Dec. 19, 2013 - WSJ.com
Government's Perfect SAC Capital Case Marred By Financial Crisis 9:42 a.m. Dec. 19, 2013 - TheStreet.com
Facebook, Holders to Offload 70M Shares 9:15 a.m. Dec. 19, 2013 - FOXBusiness
Fed Policy Creates Wall Street Shenanigans 6:00 a.m. Dec. 19, 2013 - TheStreet.com
Bank of America, Earthport Sign Strategic Agreement 4:48 a.m. Dec. 19, 2013 - benzinga.com
Can JPMorgan Chase Surge Higher? 6:17 p.m. Dec. 18, 2013 - Wall St. Cheat Sheet
Press Releases on BAC
Bank of America Merrill Lynch and Earthport Sign Strategic Agreement 2:00 a.m. Dec. 19, 2013 - BusinessWire
J.D. Power Recognizes Merrill Edge(R) Call Centers for Customer Service Excellence for the Third Year in a Row 9:00 a.m. Dec. 18, 2013 - BusinessWire
Technological Innovations, Strategic Acquisitions, and Insider Trading Alert - Research Report on Exxon Mobil, Netflix, Chesapeake Energy, and Bank of America 8:55 a.m. Dec. 18, 2013 - PR Newswire
Chief Investment Officers of Merrill Lynch and U.S. Trust See Strong U.S. Economic Growth in a Transforming World 11:38 a.m. Dec. 17, 2013 - BusinessWire
Important developments: Twitter Inc, Chesapeake Energy Corporation, Citigroup Inc, Bank of America Corp 9:31 a.m. Dec. 17, 2013 - ACCESSWIRE
Bank of America Merrill Lynch Announces 2014 Composition and Weights for the Merrill Lynch Commodity Index eXtra(SM) 9:00 a.m. Dec. 17, 2013 - BusinessWire
BofA Merrill Lynch Fund Manager Survey Finds Strong Global Economic Sentiment for 2014 8:53 a.m. Dec. 17, 2013 - BusinessWire
Bank of America Declares Quarterly Dividend on Series L Preferred Stock 3:02 p.m. Dec. 16, 2013 - BusinessWire
Earnings Forecast for Market Movers: Facebook, Lululemon Athletica, Apple, Twitter, Tesla Motors, and Bank of America 9:00 a.m. Dec. 13, 2013 - PR Newswire
Bank of America Merrill Lynch Named Institutional Investor Magazine's "Top Global Research Firm of 2013" 10:00 a.m. Dec. 12, 2013 - BusinessWire
Bank of America Merrill Lynch Study Shows Employers Playing an Increased Role in Helping Americans Navigate to and Through Retirement 9:00 a.m. Dec. 12, 2013 - BusinessWire
Financial Companies Report Investor Presentation Schedules, Stock Price Updates, and Financial Results - Research Report on Bank of America, ICICI Bank, SunTrust Banks, Credicorp, and RBC 8:00 a.m. Dec. 12, 2013 - PR Newswire
BofA Merrill's Trade Pro(R) Wins Award From Banking Technology 9:00 a.m. Dec. 11, 2013 - BusinessWire
2014 Market Outlook: BofA Merrill Lynch Global Research Calls for U.S.-Led Red, White and Bull Market in Year Ahead 11:30 a.m. Dec. 10, 2013 - BusinessWire
CFOs Confident, Anticipate Sales Growth and Readiness for Healthcare Reform, According to the Bank of America Merrill Lynch 2014 CFO Outlook 10:00 a.m. Dec. 10, 2013 - BusinessWire
Technical Stock Coverage: Bank of America, Citigroup, PNC Financial Services Group, and TCF Financial 12:42 p.m. Dec. 9, 2013 - PR Newswire
Merrill Lynch Study Debunks Myth of Gender-based Differences in Investing Behavior 9:00 a.m. Dec. 9, 2013 - BusinessWire
Bank of America to Report Fourth-Quarter 2013 Financial Results on January 15 2:43 p.m. Dec. 6, 2013 - BusinessWire
Notable Stocks News: Bank of America, Exxon Mobil Corporation, Sprint Corporation, Royal Dutch Shell 9:43 a.m. Dec. 5, 2013 - ACCESSWIRE
Critical Alerts For Bank of America, UnitedHealth Group, Chevron, Amgen, and US Steel Released By InvestorsObserver 9:31 a.m. Dec. 5, 2013 - PR Newswire
Valuation
P/E Current
62.40
P/E Ratio (with extraordinary items)
24.16
P/E Ratio (without extraordinary items)
46.44
Price to Sales Ratio
1.21
Price to Book Ratio
0.57
Enterprise Value to EBITDA
105.59
Enterprise Value to Sales
6.44
Total Debt to Enterprise Value
0.95
Efficiency
Revenue/Employee
0.39
Income Per Employee
0.02
Total Asset Turnover
0.05
Profitability
Operating Margin
3.03
Pretax Margin
2.98
Net Margin
4.06
Return on Assets
0.19
Return on Equity
1.79
Return on Total Capital
0.50
Return on Invested Capital
0.87
Capital Structure
Total Debt to Total Equity
274.80
Total Debt to Total Capital
71.67
Total Debt to Total Assets
26.94
Long-Term Debt to Equity
101.01
Long-Term Debt to Total Capital
26.35
Bank of America Corp. BAC Financials
Fiscal year is January-December. All values USD millions. 2008 2009 2010 2011 2012 5-year trend
Interest Income 85.68B 77.92B 75.5B 66.24B 57.4B
Interest and Fees on Loans 56.02B 48.7B 51B 44.97B 38.88B
Interest Income on Fed. Funds 3.31B 2.89B 1.83B 2.15B 1.5B
Interest Income on Fed. Repos 13.15B 0 0 9.52B 0
Interest on Bank Deposits 0 0 0 0 0
Other Interest or Dividend Income 13.21B 26.32B 22.67B 9.6B 17.02B
Total Interest Expense 40.32B 30.81B 23.97B 21.62B 16.74B
Interest Expense on Bank Deposits 15.25B 7.81B 4B 3B 1.99B
Other Interest Expense 25.07B 23B 19.98B 18.62B 14.75B
Interest Expense on Debt 9.94B 20.93B 17.41B 11.81B 12.99B
Interest Capitalized 0 0 0 0 0
Other Borrowed Funds 15.14B 2.08B 2.57B 6.81B 1.76B
2008 2009 2010 2011 2012 5-year trend
Net Interest Income 45.36B 47.11B 51.52B 44.62B 40.66B
Loan Loss Provision 26.83B 48.57B 28.44B 13.41B 8.17B
Net Interest Income after Provision 18.54B (1.46B) 23.09B 31.21B 32.49B
Non-Interest Income 30.88B 66.26B 54.4B 43.04B 45.68B
Securities Gain 1.12B 4.72B 2.53B 3.37B 1.66B
Trading Account Income (5.91B) 12.24B 10.05B 6.71B 5.87B
Trust Income, Commissions & Fees 30.87B 40.55B 24.39B 32.32B 32.21B
Commission & Fee Income 30.87B 40.55B 24.39B 32.32B 32.21B
Other Operating Income 4.81B 8.75B 17.44B 628M 5.94B
Non-Interest Expense 40.59B 64.89B 68.89B 70.35B 75.04B
Labor & Related Expense 18.37B 32.13B 35.82B 36.97B 37.54B
Equipment Expense 3.8B 7.36B 7.17B 5.11B 6.84B
Other Operating Expense - 23.06B 23.72B - 29.31B
Operating Income 8.82B (97M) 8.6B 3.89B 3.13B
Non-Operating Income (Expense) 0 10.01B 5.26B 0 0
Non-Operating Interest Income - - - - -
Miscellaneous Non Operating Expense 0 0 0 0 0
Equity in Affiliates (Pretax) - 10.01B 5.26B 0 0
Unusual Expense 4.4B 5.56B 15.19B 4.12B 53M
Pretax Income 4.43B 4.36B (1.32B) (230M) 3.07B
Income Taxes 420M (1.92B) 915M (1.68B) (1.12B)
Income Tax - Current - Domestic 5.64B (3.02B) (508M) (340M) 1.05B
Income Tax - Current - Foreign 585M 735M 815M 613M 569M
Income Tax - Deferred - Domestic (5.79B) 172M (86M) (3.26B) (3.49B)
Income Tax - Deferred - Foreign (12M) 198M 694M 1.31B 753M
Income Tax Credits 0 0 0 0 0
Equity in Affiliates 0 0 0 0 0
Other After Tax Income (Expense) (69M) (3.99B) (4M) 0 (2M)
Consolidated Net Income 3.94B 2.28B (2.24B) 1.45B 4.19B
Minority Interest Expense 0 0 0 0 0
Net Income 3.94B 2.28B (2.24B) 1.45B 4.19B
Extraordinaries & Discontinued Operations 0 0 0 0 0
Extra Items & Gain/Loss Sale Of Assets 0 0 0 0 0
Cumulative Effect - Accounting Chg - 0 0 0 0
Discontinued Operations 0 0 0 0 0
Net Income After Extraordinaries 3.94B 2.28B (2.24B) 1.45B 4.19B
Preferred Dividends 1.45B 4.49B 1.36B 1.36B 1.43B
Net Income Available to Common 2.49B (2.21B) (3.6B) 85M 2.76B
EPS (Basic) 0.54 (0.29) (0.37) 0.01 0.26
Basic Shares Outstanding 4.59B 7.73B 9.79B 10.14B 10.75B
EPS (Diluted) 0.54 (0.29) (0.37) 0.01 0.25
Diluted Shares Outstanding 4.6B 7.73B 9.79B 10.25B 10.84B
Bank of America Corp. BAC Filings
SEC Filings for Bank of America Corp.
Filing Date Document Date Type Category Amended
12/13/2013 N/A SC 13D N/A
12/11/2013 N/A SC 13G/A Institutional Ownership *
11/14/2013 09/30/2013 13F N/A
11/01/2013 N/A SC 13D/A N/A *
10/30/2013 09/30/2013 10-Q Quarterly Reports
10/16/2013 10/16/2013 8-K Special Events
10/15/2013 N/A SC 13D/A N/A *
10/01/2013 N/A S-8 Registration Statement
10/01/2013 10/01/2013 8-K Special Events
09/23/2013 N/A SC 13D/A N/A *
09/23/2013 N/A SC 13D/A N/A *
09/03/2013 09/03/2013 8-K Special Events
08/22/2013 08/22/2013 8-K Special Events
08/14/2013 06/30/2013 13F N/A
08/01/2013 06/30/2013 10-Q Quarterly Reports
08/01/2013 N/A SC 13D N/A
07/24/2013 07/24/2013 8-K Special Events
07/17/2013 07/17/2013 8-K Special Events
07/17/2013 N/A SC 13D/A N/A *
07/17/2013 N/A SC 13D/A N/A *
SEC Filings provided by EDGAR Online, Inc.
BAC Bank of America Corp. Research Links
Stock Message Board http://investorshangout.com/search?q=BAC&...mp;yt0=Go!
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Insider Disclosure http://www.otcmarkets.com/stock/BAC/insider-transactions
Research Reports http://www.otcmarkets.com/stock/BAC/research
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Bank of America Corp. operates as a bank holding company, which provides banking and nonbanking financial services and products through its banking and various nonbanking subsidiaries throughout the United States and in certain international markets. It operates through five segments: Consumer & Business Banking, Consumer Real Estate Services, Global Banking, Global Markets and Global Wealth & Investment Management. The Consumer & Business Banking segment offers a diversified range of credit, banking and investment products and services to consumers and businesses. Its products include traditional savings accounts, money market savings accounts, CDs, IRAs, noninterest- and interest-bearing checking accounts and investment accounts. The Consumer Real Estate Services segment provides an extensive line of consumer real estate products and services to customers nationwide. Its products include fixed- and adjustable-rate first-lien mortgage loans for home purchase and refinancing needs, HELOC and home equity loans. The Global Banking segment provides a range of lending-related products and services, integrated working capital management and treasury solutions to clients, and underwriting and advisory services. The Global Markets segment offers sales and trading services, which includes research to institutional clients across fixed income, credit, currency, commodity and equity businesses. The Global Wealth & Investment Management segment provides wealth management solutions to a broad base of clients from emerging affluent to the ultra-wealthy. Its services include investment and brokerage services, estate and financial planning, fiduciary portfolio management, cash and liability management and specialty asset management. The company was founded by Amadeo Peter Giannini in 1904 is headquartered in Charlotte, NC.
BAC Last Price: 15.64
Last Updated: December 21, 2013 6:23 PM EST
BAC Stock Message Board and Forum http://investorshangout.com/search?q=BAC&...mp;yt0=Go!
Bank of America Corp. BAC Officers and Executives
Name Age Officer Since Title
Mr. Charles Otis Holliday 65 2009 Chairman
Mr. Brian T. Moynihan 53 2004 President, Chief Executive Officer & Director
Mr. Tom K. Montag 56 2009 Co-Chief Operating Officer
Mr. David C. Darnell 60 1979 Co-Chief Operating Officer
Mr. Bruce R. Thompson 48 2007 Chief Financial Officer
Bank of America Corp.
100 North Tryon Street
Charlotte, North Carolina 28255
Phone
1 7043865681
Industry
Banks
Sector
Financials
Fiscal Year-end
12/2013
View SEC Filings Below
Revenue
$103.08B
Net Income
$4.19B
Employees
267,000
Annual Report Below for BAC
Bank of America Corp. BAC Recent Headlines
MarketWatch News on BAC
CFO's have positive 2014 outlook 7:01 a.m. Dec. 20, 2013 - MarketWatch
Religious shareholders push big banks to repent better of sins 9:38 a.m. Dec. 19, 2013 - blogs.marketwatch.com
Trusteed IRAs can help heirs manage inheritance 6:00 a.m. Dec. 19, 2013 - Kelly Greene
Federal judge urges revamp of Detroit debt deal 7:09 p.m. Dec. 18, 2013 - MarketWatch.com
The tiger charity that wasn't; banks brace for Volcker 10:33 a.m. Dec. 18, 2013 - blogs.marketwatch.com
U.S. readying charges against Citi, Merrill:report 3:05 a.m. Dec. 18, 2013 - Barbara Kollmeyer
Red flag from Wall Street as deal making wanes 4:02 p.m. Dec. 17, 2013 - David Weidner
BofA's shoddy mortgage service; London bankers expect big bonuses 9:34 a.m. Dec. 16, 2013 - blogs.marketwatch.com
Are banks dead? Investing in the new financials 6:05 a.m. Dec. 16, 2013 - Jeff Reeves
Merrill Lynch hit with charges on precrisis CDOs 3:06 p.m. Dec. 12, 2013 - blogs.marketwatch.com
Avoid the bitcoin propaganda from the Fed 12:54 p.m. Dec. 12, 2013 - blogs.marketwatch.com
Volcker Rule live — here comes the long-awaited bank-trading regulation 4:14 p.m. Dec. 10, 2013 - blogs.marketwatch.com
Volcker rule called 'reasonable,' but details will prove devilish, analysts say 2:24 p.m. Dec. 10, 2013 - blogs.marketwatch.com
America forgives big banks for financial crisis 11:28 a.m. Dec. 10, 2013 - Catey Hill
Goldman Sachs with most at stake from Volcker Rule 11:20 a.m. Dec. 10, 2013 - blogs.marketwatch.com
Bank of America CEO: Volcker won't change anything 11:00 a.m. Dec. 10, 2013 - Sital S. Patel
The government's 'fact sheet' on the Volcker Rule 9:50 a.m. Dec. 10, 2013 - blogs.marketwatch.com
3 reasons why the Volcker Rule can’t fix Wall Street 5:13 p.m. Dec. 9, 2013 - David Weidner
Value investing for retirement portfolios 6:01 a.m. Dec. 7, 2013 - Robert Powell
Goldbugs want bitcoin to really crash 2:01 p.m. Dec. 4, 2013 - blogs.marketwatch.com
Regulatory Costs Driving Bank Earnings Lower, QE Impact Too 7:58 a.m. Today - 247WallSt.com
Where a Smaller Portfolio Means Bigger Stock Price 6:13 a.m. Today - Barrons.com
Got Mega Millions? Buy Real Estate And Not Stocks, Bonds Or Gold 1:21 a.m. Today - Seeking Alpha
Ocwen Settles Mortgage Abuse Case - Analyst Blog 4:40 p.m. Dec. 20, 2013 - Zacks.com
Deutsche Bank to Pay $1.93 Billion to Resolve FHFA Claims 12:12 p.m. Dec. 20, 2013 - WSJ.com
The Milken Rule And Wide/Sustainable Moats 12:08 p.m. Dec. 20, 2013 - Seeking Alpha
Today's Market: Banking Stocks To Buy For 2014 11:13 a.m. Dec. 20, 2013 - Seeking Alpha
Jones Group Inks $1.2B Go-Private Deal 10:15 a.m. Dec. 20, 2013 - FOXBusiness
A 6%+ Yield Offering Diversification From A World Class Financial 7:36 a.m. Dec. 20, 2013 - Seeking Alpha
Cramer's Mad Money - Themes That Will Work For 2014 (12/19/13) 6:23 a.m. Dec. 20, 2013 - Seeking Alpha
Jim Cramer's 'Mad Money' Recap: Some 'Buys' for the New Year 8:22 p.m. Dec. 19, 2013 - TheStreet.com
Credit Suisse Sued by New Jersey AG - Analyst Blog 4:10 p.m. Dec. 19, 2013 - Zacks.com
Kudos to Judge For Asking Tough Questions 4:00 p.m. Dec. 19, 2013 - FOXBusiness
Broker Default Risk Hits Another Post-Crisis Low 3:12 p.m. Dec. 19, 2013 - Seeking Alpha
Citigroup Said to Sign Lease to Stay in Lower Manhattan 12:07 p.m. Dec. 19, 2013 - WSJ.com
Government's Perfect SAC Capital Case Marred By Financial Crisis 9:42 a.m. Dec. 19, 2013 - TheStreet.com
Facebook, Holders to Offload 70M Shares 9:15 a.m. Dec. 19, 2013 - FOXBusiness
Fed Policy Creates Wall Street Shenanigans 6:00 a.m. Dec. 19, 2013 - TheStreet.com
Bank of America, Earthport Sign Strategic Agreement 4:48 a.m. Dec. 19, 2013 - benzinga.com
Can JPMorgan Chase Surge Higher? 6:17 p.m. Dec. 18, 2013 - Wall St. Cheat Sheet
Press Releases on BAC
Bank of America Merrill Lynch and Earthport Sign Strategic Agreement 2:00 a.m. Dec. 19, 2013 - BusinessWire
J.D. Power Recognizes Merrill Edge(R) Call Centers for Customer Service Excellence for the Third Year in a Row 9:00 a.m. Dec. 18, 2013 - BusinessWire
Technological Innovations, Strategic Acquisitions, and Insider Trading Alert - Research Report on Exxon Mobil, Netflix, Chesapeake Energy, and Bank of America 8:55 a.m. Dec. 18, 2013 - PR Newswire
Chief Investment Officers of Merrill Lynch and U.S. Trust See Strong U.S. Economic Growth in a Transforming World 11:38 a.m. Dec. 17, 2013 - BusinessWire
Important developments: Twitter Inc, Chesapeake Energy Corporation, Citigroup Inc, Bank of America Corp 9:31 a.m. Dec. 17, 2013 - ACCESSWIRE
Bank of America Merrill Lynch Announces 2014 Composition and Weights for the Merrill Lynch Commodity Index eXtra(SM) 9:00 a.m. Dec. 17, 2013 - BusinessWire
BofA Merrill Lynch Fund Manager Survey Finds Strong Global Economic Sentiment for 2014 8:53 a.m. Dec. 17, 2013 - BusinessWire
Bank of America Declares Quarterly Dividend on Series L Preferred Stock 3:02 p.m. Dec. 16, 2013 - BusinessWire
Earnings Forecast for Market Movers: Facebook, Lululemon Athletica, Apple, Twitter, Tesla Motors, and Bank of America 9:00 a.m. Dec. 13, 2013 - PR Newswire
Bank of America Merrill Lynch Named Institutional Investor Magazine's "Top Global Research Firm of 2013" 10:00 a.m. Dec. 12, 2013 - BusinessWire
Bank of America Merrill Lynch Study Shows Employers Playing an Increased Role in Helping Americans Navigate to and Through Retirement 9:00 a.m. Dec. 12, 2013 - BusinessWire
Financial Companies Report Investor Presentation Schedules, Stock Price Updates, and Financial Results - Research Report on Bank of America, ICICI Bank, SunTrust Banks, Credicorp, and RBC 8:00 a.m. Dec. 12, 2013 - PR Newswire
BofA Merrill's Trade Pro(R) Wins Award From Banking Technology 9:00 a.m. Dec. 11, 2013 - BusinessWire
2014 Market Outlook: BofA Merrill Lynch Global Research Calls for U.S.-Led Red, White and Bull Market in Year Ahead 11:30 a.m. Dec. 10, 2013 - BusinessWire
CFOs Confident, Anticipate Sales Growth and Readiness for Healthcare Reform, According to the Bank of America Merrill Lynch 2014 CFO Outlook 10:00 a.m. Dec. 10, 2013 - BusinessWire
Technical Stock Coverage: Bank of America, Citigroup, PNC Financial Services Group, and TCF Financial 12:42 p.m. Dec. 9, 2013 - PR Newswire
Merrill Lynch Study Debunks Myth of Gender-based Differences in Investing Behavior 9:00 a.m. Dec. 9, 2013 - BusinessWire
Bank of America to Report Fourth-Quarter 2013 Financial Results on January 15 2:43 p.m. Dec. 6, 2013 - BusinessWire
Notable Stocks News: Bank of America, Exxon Mobil Corporation, Sprint Corporation, Royal Dutch Shell 9:43 a.m. Dec. 5, 2013 - ACCESSWIRE
Critical Alerts For Bank of America, UnitedHealth Group, Chevron, Amgen, and US Steel Released By InvestorsObserver 9:31 a.m. Dec. 5, 2013 - PR Newswire
Valuation
P/E Current
62.40
P/E Ratio (with extraordinary items)
24.16
P/E Ratio (without extraordinary items)
46.44
Price to Sales Ratio
1.21
Price to Book Ratio
0.57
Enterprise Value to EBITDA
105.59
Enterprise Value to Sales
6.44
Total Debt to Enterprise Value
0.95
Efficiency
Revenue/Employee
0.39
Income Per Employee
0.02
Total Asset Turnover
0.05
Profitability
Operating Margin
3.03
Pretax Margin
2.98
Net Margin
4.06
Return on Assets
0.19
Return on Equity
1.79
Return on Total Capital
0.50
Return on Invested Capital
0.87
Capital Structure
Total Debt to Total Equity
274.80
Total Debt to Total Capital
71.67
Total Debt to Total Assets
26.94
Long-Term Debt to Equity
101.01
Long-Term Debt to Total Capital
26.35
Bank of America Corp. BAC Financials
Fiscal year is January-December. All values USD millions. 2008 2009 2010 2011 2012 5-year trend
Interest Income 85.68B 77.92B 75.5B 66.24B 57.4B
Interest and Fees on Loans 56.02B 48.7B 51B 44.97B 38.88B
Interest Income on Fed. Funds 3.31B 2.89B 1.83B 2.15B 1.5B
Interest Income on Fed. Repos 13.15B 0 0 9.52B 0
Interest on Bank Deposits 0 0 0 0 0
Other Interest or Dividend Income 13.21B 26.32B 22.67B 9.6B 17.02B
Total Interest Expense 40.32B 30.81B 23.97B 21.62B 16.74B
Interest Expense on Bank Deposits 15.25B 7.81B 4B 3B 1.99B
Other Interest Expense 25.07B 23B 19.98B 18.62B 14.75B
Interest Expense on Debt 9.94B 20.93B 17.41B 11.81B 12.99B
Interest Capitalized 0 0 0 0 0
Other Borrowed Funds 15.14B 2.08B 2.57B 6.81B 1.76B
2008 2009 2010 2011 2012 5-year trend
Net Interest Income 45.36B 47.11B 51.52B 44.62B 40.66B
Loan Loss Provision 26.83B 48.57B 28.44B 13.41B 8.17B
Net Interest Income after Provision 18.54B (1.46B) 23.09B 31.21B 32.49B
Non-Interest Income 30.88B 66.26B 54.4B 43.04B 45.68B
Securities Gain 1.12B 4.72B 2.53B 3.37B 1.66B
Trading Account Income (5.91B) 12.24B 10.05B 6.71B 5.87B
Trust Income, Commissions & Fees 30.87B 40.55B 24.39B 32.32B 32.21B
Commission & Fee Income 30.87B 40.55B 24.39B 32.32B 32.21B
Other Operating Income 4.81B 8.75B 17.44B 628M 5.94B
Non-Interest Expense 40.59B 64.89B 68.89B 70.35B 75.04B
Labor & Related Expense 18.37B 32.13B 35.82B 36.97B 37.54B
Equipment Expense 3.8B 7.36B 7.17B 5.11B 6.84B
Other Operating Expense - 23.06B 23.72B - 29.31B
Operating Income 8.82B (97M) 8.6B 3.89B 3.13B
Non-Operating Income (Expense) 0 10.01B 5.26B 0 0
Non-Operating Interest Income - - - - -
Miscellaneous Non Operating Expense 0 0 0 0 0
Equity in Affiliates (Pretax) - 10.01B 5.26B 0 0
Unusual Expense 4.4B 5.56B 15.19B 4.12B 53M
Pretax Income 4.43B 4.36B (1.32B) (230M) 3.07B
Income Taxes 420M (1.92B) 915M (1.68B) (1.12B)
Income Tax - Current - Domestic 5.64B (3.02B) (508M) (340M) 1.05B
Income Tax - Current - Foreign 585M 735M 815M 613M 569M
Income Tax - Deferred - Domestic (5.79B) 172M (86M) (3.26B) (3.49B)
Income Tax - Deferred - Foreign (12M) 198M 694M 1.31B 753M
Income Tax Credits 0 0 0 0 0
Equity in Affiliates 0 0 0 0 0
Other After Tax Income (Expense) (69M) (3.99B) (4M) 0 (2M)
Consolidated Net Income 3.94B 2.28B (2.24B) 1.45B 4.19B
Minority Interest Expense 0 0 0 0 0
Net Income 3.94B 2.28B (2.24B) 1.45B 4.19B
Extraordinaries & Discontinued Operations 0 0 0 0 0
Extra Items & Gain/Loss Sale Of Assets 0 0 0 0 0
Cumulative Effect - Accounting Chg - 0 0 0 0
Discontinued Operations 0 0 0 0 0
Net Income After Extraordinaries 3.94B 2.28B (2.24B) 1.45B 4.19B
Preferred Dividends 1.45B 4.49B 1.36B 1.36B 1.43B
Net Income Available to Common 2.49B (2.21B) (3.6B) 85M 2.76B
EPS (Basic) 0.54 (0.29) (0.37) 0.01 0.26
Basic Shares Outstanding 4.59B 7.73B 9.79B 10.14B 10.75B
EPS (Diluted) 0.54 (0.29) (0.37) 0.01 0.25
Diluted Shares Outstanding 4.6B 7.73B 9.79B 10.25B 10.84B
Bank of America Corp. BAC Filings
SEC Filings for Bank of America Corp.
Filing Date Document Date Type Category Amended
12/13/2013 N/A SC 13D N/A
12/11/2013 N/A SC 13G/A Institutional Ownership *
11/14/2013 09/30/2013 13F N/A
11/01/2013 N/A SC 13D/A N/A *
10/30/2013 09/30/2013 10-Q Quarterly Reports
10/16/2013 10/16/2013 8-K Special Events
10/15/2013 N/A SC 13D/A N/A *
10/01/2013 N/A S-8 Registration Statement
10/01/2013 10/01/2013 8-K Special Events
09/23/2013 N/A SC 13D/A N/A *
09/23/2013 N/A SC 13D/A N/A *
09/03/2013 09/03/2013 8-K Special Events
08/22/2013 08/22/2013 8-K Special Events
08/14/2013 06/30/2013 13F N/A
08/01/2013 06/30/2013 10-Q Quarterly Reports
08/01/2013 N/A SC 13D N/A
07/24/2013 07/24/2013 8-K Special Events
07/17/2013 07/17/2013 8-K Special Events
07/17/2013 N/A SC 13D/A N/A *
07/17/2013 N/A SC 13D/A N/A *
SEC Filings provided by EDGAR Online, Inc.
BAC Bank of America Corp. Research Links
Stock Message Board http://investorshangout.com/search?q=BAC&...mp;yt0=Go!
Stock Quote http://www.otcmarkets.com/stock/BAC/quote
Stock Chart http://www.otcmarkets.com/stock/BAC/chart
Company Info http://www.otcmarkets.com/stock/BAC/company-info
Recent News http://www.otcmarkets.com/stock/BAC/news
Financials http://www.otcmarkets.com/stock/BAC/financials
Filings and Disclosure http://www.otcmarkets.com/stock/BAC/filings
Short Sales http://www.otcmarkets.com/stock/BAC/short-sales
Insider Disclosure http://www.otcmarkets.com/stock/BAC/insider-transactions
Research Reports http://www.otcmarkets.com/stock/BAC/research
Summary http://finance.yahoo.com/q?s=BAC
Historical Prices http://finance.yahoo.com/q/hp?s=BAC+Historical+Prices
Interactive Chart http://finance.yahoo.com/echarts?s=BAC
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Income Statement http://finance.yahoo.com/q/is?s=BAC
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