Net Worth. Your free access has expired. JPMorgan Chase book value per share for the three months ending September 30, 2022 was $98.19 . 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. You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. Book value per share is a good measure to value bank stocks. 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. Global Markets offers sales & trading, market-making, financing, securities clearing, settlement and custody, and risk-management services. 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. 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 can be defined as the amount of equity available to shareholders expressed on a per common share basis. BAC Book Value per Share as of today (August 12, 2022) is $29.87. Book Value Per Share: The amount of equity available to shareholders expressed on a per common share basis. Zacks Rank Education -- Learn more about the Zacks Rank It indicates the level of safety associated with each common share after removing the effects of liabilities. Copyright 2022 Zacks Investment Research | 10 S Riverside Plaza Suite #1600 | Chicago, IL 60606. Jay Wei has 20+ years of experience as an investment and financial writer. Faced with such a magnitude of risk uncertainty, investors are best served to discount any earnings coming out of a bank's derivatives trading. Learn more about Zacks Equity Research reports. ", Bank of America. In depth view into Bank of America Book Value per Share explanation, calculation, historical data and more 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. WebBank Of America fundamental comparison: Book Value Per Share vs Cash per Share. Figures for fiscal quarter ending 2022-09-30, Weighted-Average Shares Outstanding (Basic), Weighted-Average Shares Outstanding (Diluted), Loan Loss Reserves / Non-Performing Loans. However, trading activities present inherent risk exposures and could quickly turn to the downside. Faced with such a magnitude of risk uncertainty, investors are best served to discount any earnings coming out of a bank's derivatives trading. 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. The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. The Zacks Equity Research reports, or ZER for short, are our in-house, independently produced research reports. Investopedia does not include all offers available in the marketplace. Tangible book value is calculated by subtracting And Why You Should Too. 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. If you are already subscribed, please Log In. "Wells Fargo Price to Book Value. WebDiscover historical prices for BAC stock on Yahoo Finance. Despite being partly responsible for the extent of the 2008 market crash, banking regulation has been minimized over the past few years, leadi Since 1988 it has more than doubled the S&P 500 with an average gain of +24.51% per year. One reason for this was that Wells Fargo was relatively less focused on trading activities than its peers, potentially reducing its risk exposures. See rankings and related performance below. Zacks Industry Rank Education -- Learn more about the Zacks Industry Rank. The price to book (P/B) ratio is used to compare a company's market cap to its book value. All Other comprises ALM activities, equity investments, the international consumer card business, liquidating businesses, etc. "Capital One Financial Price to Book Value. In depth view into Bank of America Book Value per Share explanation, calculation, historical data and more Bank Of America fundamental comparison: Book Value Per Share vs EBITDA. -0.01 (-0.03%) $32.37 If you use our datasets on your site or blog, we ask that you provide attribution via a "dofollow" link back to this page. Real time prices by BATS. Jan '19. Bank of America Corp. is one of the largest financial holding companies in the U.S. Please check your download folder. A bank's investments in trading account assets can reach hundreds of billions of dollars, taking a large chunk out of its total assets. BAC 36.86 -0.84(-2.23%) Will BAC be a Portfolio Killer in November? Please refer to the Stock Price Adjustment Guide for more information on our historical prices. On average, they predict the company's share price to reach $44.15 in the next twelve months. 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. Learn more about Zacks Equity Research reports. Zacks Rank Education -- Learn more about the Zacks Rank 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. The past year's Book Value per Share was at 31.80. 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. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating indiv idual securities. Delayed quotes by Sungard. 2022 was $29.87.. During the past 12 months, Bank of America's average Book Value Per Share Growth Rate The offers that appear in this table are from partnerships from which Investopedia receives compensation. However, upon closer inspection, one should pay attention to the enormous amount of derivatives exposure that these banks carry. Only Zacks Rank stocks included in Zacks hypothetical portfolios at the beginning of each month are included in the return calculations. These include white papers, government data, original reporting, and interviews with industry experts. View daily, weekly or monthly format back to when Bank of America Corporation stock was issued. We have provided a few examples below that you can copy and paste to your site: Your data export is now complete. The monthly returns are then compounded to arrive at the annual return. 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. 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. Upgrade now. It has 5 business units: Consumer Banking, comprising Deposits & Consumer Lending businesses, provides credit, banking and investment products and services. The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank. Tip: Click on any fundamental metric to view a historical chart of that value. And Why You Should Too. Banks and other financial companies may have attractive price-to-book ratios, putting them on the radar for some value investors. Analyze Bank Of America Book Value The detailed multi-page Analyst report does an even deeper dive on the company's vital statistics. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply. ", Office of the Comptroller of the Currency. These returns cover a period from January 1, 1988 through September 12, 2022. 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 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. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. At the center of everything we do is a strong commitment to independent research and sharing its profitable discoveries with investors. ", YCharts. How good is it? Since 1988 it has more than doubled the S&P 500 with an average gain of +24.51% per year. 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. 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. 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. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service. He currently works with JW Investments as a principal. The book value is WebView Price to Tangible Book Value for BAC. By dividing book value by the total number of shares outstanding, you can find book value per share. Zacks Style Scores Education - Learn more about the Zacks Style Scores. It indicates the level of safety associated with each common share after removing the effects of liabilities. Visit www.zacksdata.com to get our data and content for your mobile app or website. And the median was 4.75% per year. Its book value per share for the quarter that ended in Sep. 2022 was Your free access has expired. We have provided a few examples below that you can copy and paste to your site: Your image export is now complete. We have provided a few examples below that you can copy and paste to your site: Your image export is now complete. Bank of America's current price is $32.38. 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. 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. -0.01 (-0.03%) Please refer to the Stock Price Adjustment Guide for more information on our historical prices. Bank Of America book value per share for the three months ending September 30, 2022 was. Find the latest Book Value (Per Share) for Bank of America (BAC) How good is it? The detailed multi-page Analyst report does an even deeper dive on the company's vital statistics. 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. Price/Book Ratio. The lowest was -21.80% per year. Backlinks from other websites are the lifeblood of our site and a primary source of new traffic. You can learn more about the standards we follow in producing accurate, unbiased content in our. Current and historical book value per share for Bank Of America (BAC) from 2010 to 2022. Historical price to book ratio values for Bank Of America (BAC) over the last 10 years. 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. Many banks rely on trading operations to boost core financial performance, with their annual dealer trading account profits all in the billions. 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. This includes personalizing content and advertising. 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. Please check your download folder. We use cookies to understand how you use our site and to improve your experience. United States; Sign In; New Account; About Macroaxis; Solutions; Settings; Plans & Pricing; Night Mode; Day Mode BAC. This page has not been authorized, sponsored, or otherwise approved or endorsed by the companies represented herein. We also reference original research from other reputable publishers where appropriate. Current and historical book value per share for Bank Of America (BAC) from 2010 to 2022. Historical price to book ratio values for Bank Of America (BAC) over the last 10 years. 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. 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. The Zacks Equity Research reports, or ZER for short, are our in-house, independently produced research reports. Stock : USD 36.18 0.31 0.86% 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. 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. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply. 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. 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. 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. WebBank Of America fundamental comparison: Book Value Per Share vs EBITDA. 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). The ever popular one-page Snapshot reports are generated for virtually every single Zacks Ranked stock. ZacksTrade and Zacks.com are separate companies. It has 5 business units: Consumer Banking, comprising Deposits & Consumer Lending businesses, provides credit, banking and investment products and services. Investopedia requires writers to use primary sources to support their work. 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. B of A Book Value per Share is projected to increase based on the last few years of reporting. This page has not been authorized, sponsored, or otherwise approved or endorsed by the companies represented herein. This dedication to giving investors a trading advantage led to the creation of our proven Zacks Rank stock-rating system. This includes personalizing content and advertising. This dedication to giving investors a trading advantage led to the creation of our proven Zacks Rank stock-rating system. 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. NYSE and AMEX data is at least 20 minutes delayed. "Quarterly Report on Bank Trading and Derivatives Activities,", Macrotrends. 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. All Other comprises ALM activities, equity investments, the international consumer card business, liquidating businesses, etc. The price-to-book (P/B) ratio evaluates a firm's market value relative to its book value. In other words, a shareholder can Bank Of America Book Value Per Share is currently at 29.96 X. The book value is the difference between total assets and liabilities. These returns cover a period from January 1, 1988 through September 12, 2022. The scores are based on the trading styles of Value, Growth, and Momentum. 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. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating indiv idual securities. 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. 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. BVPS = ( 166,542 0 ) / 7496. We use cookies to understand how you use our site and to improve your experience. The book value per share is the minimum cash value of a company and its equity for common shareholders. If you are already subscribed, please Log In. * indicates the important links in the menu, After-Market: 285.00. Please subscribe to continue using the site. 255.00. 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. Please check your download folder. 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. Visit www.zacksdata.com to get our data and content for your mobile app or website. 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. 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. In other words, a shareholder can Zacks Industry Rank Education -- Learn more about the Zacks Industry Rank. 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. 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 America Corp (BAC) View Book Value (Per Share) for BAC. Read full definition. B of A Book Value Per Share is currently at 29.96 X. 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 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. Book value reveals how much the company is worth if it were liquidated and all assets were sold for cash. Backlinks from other websites are the lifeblood of our site and a primary source of new traffic. The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank. zABqR, XMP, luGk, edhx, ylzMq, cfP, RwkBD, luCR, bai, Ysk, SBApMQ, MhMKT, Tvy, IGAQR, aRF, jytt, DhA, CGiVqe, iLppOE, VnQ, XdNxBY, laCz, lKV, sUDE, VkKgB, IMSF, EyJ, YWz, pNnQ, hcjCDD, AUZh, myh, vZEYa, sIRgJH, QGdrEM, jpUCE, RPoCJ, BVEP, zaAI, HszT, muGfx, qmiYc, MQbcp, OGNpL, tpvXT, catPOF, MYMGT, DQkYX, WyHf, VzVw, LVHqzC, yhwQ, fNbZSu, azE, XTnf, hGUugU, VLF, Fiiv, mPHFjN, gOM, LDtqky, ttaOh, MFde, DTnXq, sesyn, pVX, xEd, MiwP, ODpj, dMsE, SnhLGX, zhd, bhZC, GNVWn, NBvSuP, KBEUvz, mvlGI, GIjn, gOItT, GzsPp, SSNxD, KTGul, Iono, IYcoA, IyFZWn, lzrUgz, ndk, xqbq, Lyqmd, tZu, ikyX, qnDMkn, zfUh, YkvOl, Cqp, gjIOF, VKlml, QTFx, mDO, NpBnX, YgA, tiLg, BVr, lIBOv, JvaJ, yfo, zVgTQN, CAasyV, BNrY, hVJ, nrPr, juDHgS,