BAC: Bank of America Corporation - Summary | Jitta

Bank of America Corporation

NYSE:BAC

Price
$27.60
Loss Chance
43.5%
5.88JITTA SCORE
44.43%Under Jitta Line
Jitta Ranking
71 / 359
85 / 753
139 / 5,063
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HISTORICAL JITTA SCORE
Jitta Factors
Growth Opportunity (45)
Recent Business Performance (58)
Financial Strength (69)
Return to Shareholders (87)
Competitive Advantage (48)
Jitta Signs
Revenue and EarningConsistent
Dividend PayoutIncreasing Every Year
Share RepurchaseEvery Year
CapExVery Low
Total DepositConsistent Growth
Net Interest MarginHigh Efficiency
Operating MarginInconsistent
Recent Business PerformanceEarning decline 11.65% in the last year
SG&A to SalesIncreasing
Key Stats
Jitta Score
Jitta Line
5.88
44.43%
5.84
10.72%
4.88
125.26%
Diversified Banks
5.10
40.08%
5.88
52.39%
7.57
49.41%
COMPANY DESCRIPTION
Bank of America Corporation, through its subsidiaries, provides banking and financial products and services for individual consumers, small and middle-market businesses, institutional investors, large corporations, and governments worldwide. Its Consumer Banking segment offers traditional and money market savings accounts, certificates of deposit and IRAs, noninterest-and interest-bearing checking accounts, and investment accounts and products; and credit and debit cards, residential mortgages, and home equity loans, as well as direct and indirect loans, such as automotive, recreational vehicle, and consumer personal loans. The company’s Global Wealth & Investment Management segment offers investment management, brokerage, banking, and trust and retirement products and services; and wealth management solutions, as well as customized solutions, including specialty asset management services. Its Global Banking segment provides lending products and services, including commercial loans, leases, commitment facilities, trade finance, and commercial real estate and asset-based lending; treasury solutions, such as treasury management, foreign exchange, and short-term investing options and merchant services; working capital management solutions; and debt and equity underwriting and distribution, and merger-related and other advisory services. The company’s Global Markets segment offers market-making, financing, securities clearing, settlement, and custody services, as well as risk management products using interest rate, equity, credit, currency and commodity derivatives, foreign exchange, fixed-income, and mortgage-related products. The company was founded in 1784 and is based in Charlotte, North Carolina.