The split adjustment factor is a cumulative factor which encapsulates all splits since the date shown above. Find the latest book value per share for bank of america corporation bac. Power certified bank of america with an outstanding mobile experience for ease of navigation, information availability and clarity. While bank of america and citigroup trade at less than threefourths of their book value, jpmorgans share price. Book value per share tells investors what a banks, or any stocks, book value is on a pershare basis. Axis bank share price, axis bank stock price, axis bank ltd.
Dive deeper with interactive charts and top stories of bank of america corporation. Jun 25, 2019 what is the average priceto book ratio for a bank. Make an appointment with a specialist bank of america. Price to book value is a valuation ratio that is measured by stock price book value per share. Bac stock bank of america stock price today markets. It compares the price of a bank s stock to its book value per share and is calculated by dividing. We work exclusively for banks throughout our home state. Find out all the key statistics for bank of america corporation bac, including valuation. The price to book pb ratio is an evaluation metric that is used to compare the current market price of a companys stock to its book value.
When stock is trading below its tangible book value per share, it might be considered undervalued. Will bank of america stock dip below book value now. For the year ending march 2019 axis bank has declared an equity dividend of 50. Yet at ten times earnings, bank of america shares are only pricing in a future that has practically no. Heres how investors should value bank of america s stock. Historical price to book ratio values for bank of america bac over the last 10 years. The current price to book ratio for bank of america as of april 08, 2020 is 0. Our community spirit has been at the heart of bankers bank of kansas since our founding in 1988. In this scenario, the socalled priceto book pb ratio is applied with a bank s stock price compared to equity book value per share. Speak to a specialist at a time that works for you without waiting in line. The book value is essentially the tangible accounting value of a firm. Bac stock price, news, historical charts, analyst ratings and financial information from wsj. Bank of america s book value per share for the quarter that ended in dec.
Simplify your small business banking and help your company grow with bank of america business advantage. 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. Open a business bank account, find credit cards, apply for a loan, discover cash management tools and get valuable small business banking tips. To arrive at this number, subtract liabilities from assets. If the market value per share is lower than the book value per share, then the stock price may be undervalued.
The pricetobook ratio, or pb ratio, is a financial ratio used to compare a companys current market price to its book value. What are the current pricetobook ratios for the largest u. New york including stock price, stock chart, company news, key statistics, fundamentals and company profile. Bac stock quote for bank of america corporation msn. Whether youre new to saving or an experienced saver, enjoy a widerange of benefits with one simple savings account from bank of america. View the latest bac stock quote and chart on msn money. Bac stock bank of america stock price today markets insider. The pb ratio is favored by value investors for its. Jan 20, 2020 the price of the bank of america share amounted to 35.
Should the company decide to dissolve, the book value per common share indicates the dollar value remaining for common shareholders after all assets are. The price to book value ratio is the most popular metric for assessing the value of bank stocks. Book value per share can be defined as the amount of equity. Savings account open a bank of america advantage savings. While bank of america stock price is still nowhere near the levels it reached before the financial crisis of 2008, bank of. The calculation is sometimes done on a per share basis. Value of client assets at bank of america 2018, by segment.
Find the latest price book value for bank of america corporation bac. Scheduling an appointment offers you a convenient way to save time and make the most of your meeting with us. Epsbook value per share formula is roe remember, roe net income shareholders equity or book value. Bank of america s tangible book value per share for the quarter that ended in dec. Bank of india share price, bank of india stock price, bank of. The bank of america corporation abbreviated as bofa is an american multinational investment bank and financial services company headquartered in charlotte, with central hubs in new york city, london, hong kong, minneapolis, and toronto. Bank of america corporation common stock bac stock quotes. Ax, including valuation measures, fiscal year financial statistics, trading records, share statistics and more. Thus, this measure is a possible indicator of the value of a companys stock.
Find the latest bank of america corporation bac stock quote, history, news and other vital information to help you with your stock trading and investing. Bank of america corporation bac book value per share. Discover benefits and features of bank of america s online banking and mobile banking app. The book value is essentially the tangible accounting value of a firm compared to the market value that is shown. About bank of america corp bank of america corporation operates as a bank. Bank of america corporation bac valuation measures. Book value per share tells investors what a bank s, or any stocks, book value is on a per share basis. Sep 20, 20 the pricetotangible book value ratio excludes intangible assets and goodwill. Oil demand will drop by 17 million barrels per day in april, says blanch. Find realtime bac bank of america corp stock quotes, company profile, news and forecasts from cnn business. No reason to sell bank of america corp stock just yet. It allows api clients to download millions of rows of historical data, to query our realtime economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds. C stock citigroup stock price today markets insider.
Find the latest historical data for bank of america corporation common stock bac at. Tangible book value per share is calculated as the total tangible equity divided by. During the past 3 years, the average book value per share growth rate was 4. May 22, 2019 book value per share compares the amount of stockholders equity to the number of shares outstanding. Moodys daily credit risk score is a 110 score of a companys credit risk, based on an analysis of the firms balance sheet and inputs from the stock market. Heres how investors should value bank of americas stock. Date, stock price, book value per share, price to book ratio. How to figure the book value of bank stock finance zacks. The calculation can be performed in two ways, but the result should be the same each way. Book value per share is a widely used stock evaluation measure. The price of the bank of america share amounted to 35. The closing price, days high, days low, and days volume have been adjusted to account for any stock splits andor. Hong kong including stock price, stock chart, company news, key statistics, fundamentals and company profile.
Bank dividends and book values to come under deep scrutiny. New york stock quote bank of america corp bloomberg. Hence, bank of america s price to tangible book ratio of today is 1. Bancorp and wells fargos shares currently have a pb ratio of roughly 150%, the figures for citigroup and bank. The price to book value ratio is closely related to the roe of the company. Oct 20, 2018 book value per share is a good measure to value bank stocks. It compares the price of a bank s stock to its book value per share and is calculated by. Corporate profile bank ozk is a respected and profitable banking organization, noted for its excellent loan and deposit growth, asset quality and earnings. Get the latest bank of america stock price and detailed information including bac news. Bank of america should trade for book value bank of america. Bank of america price to book ratio 20062019 bac macrotrends.
Pricebook value per share priceeps x epsbook value per share now, priceeps is nothing but pe ratio. Bank of america corporation bac stock price, quote. Feb 14, 2018 no reason to sell bank of america corp stock just yet. Jun 23, 2015 bank of america should trade for book value. Tell us in advance what youd like to talk about so that we can prepare. Bank of america is the united states secondlargest bank by assets. Current and historical book value per share for bank of america bac from 2006 to 2019. Mar 15, 2016 what are the current pricetobook ratios for the largest u. Bank of america corporation bac book value per share zacks. Total tangible equity is calculated as the total stockholders equity minus preferred stock minus intangible assets. View bac revenue estimates and earnings estimates, as well as analyst recommendations. Bank of america is safer than ever, and is growing earnings per share at doubledigit rates.
The company is a financial institution, serving individual consumers and others with a range of banking, investing, asset management and other financial and risk management products and services. Historical price lookup bank of america corporation. Price book value is a widely used stock evaluation measure. In depth view into bank of america book value per share including historical data from 1973, charts, stats and industry comps. During the past 5 years, the average book value per share growth rate was 4. Bank of america corporation common stock bac historical.
Bank of america corporation common stock bac stock. Book value denotes the portion of the company held by the shareholders. The trading economics application programming interface api provides direct access to our data. During the past 12 months, bank of america s average book value per share growth rate was 8.
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