Bank of America Corp
NYSE:BAC

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Bank of America Corp
NYSE:BAC
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Price: 46.75 USD 1.85% Market Closed
Market Cap: 358.7B USD
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Bank of America Corp
Total Current Liabilities

Last Value
3-Years 3-Y CAGR
5-Years 5-Y CAGR
10-Years 10-Y CAGR
Quarterly
Annual
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Bank of America Corp
Total Current Liabilities Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Total Current Liabilities CAGR 3Y CAGR 5Y CAGR 10Y
Bank of America Corp
NYSE:BAC
Total Current Liabilities
$658.8B
CAGR 3-Years
16%
CAGR 5-Years
10%
CAGR 10-Years
5%
JPMorgan Chase & Co
NYSE:JPM
Total Current Liabilities
$754.3B
CAGR 3-Years
10%
CAGR 5-Years
8%
CAGR 10-Years
4%
Wells Fargo & Co
NYSE:WFC
Total Current Liabilities
$193.1B
CAGR 3-Years
18%
CAGR 5-Years
-1%
CAGR 10-Years
3%
Citigroup Inc
NYSE:C
Total Current Liabilities
$400.9B
CAGR 3-Years
10%
CAGR 5-Years
7%
CAGR 10-Years
3%
US Bancorp
NYSE:USB
Total Current Liabilities
$23.7B
CAGR 3-Years
14%
CAGR 5-Years
8%
CAGR 10-Years
-2%
No Stocks Found

Bank of America Corp
Glance View

Market Cap
359.4B USD
Industry
Banking

Bank of America Corp., one of the largest financial institutions in the United States, operates as a multifaceted banking entity that serves millions of customers worldwide. Founded in 1904, the bank has evolved through strategic acquisitions, including the purchase of Merrill Lynch, which expanded its reach into investment and wealth management services. Bank of America stands out for its strong retail banking presence, delivering a wide array of products—from checking and savings accounts to mortgages and loans—which cater to both individual consumers and small businesses. With its robust digital banking platform, the bank has embraced technology to enhance customer experiences, making it easier for clients to access services conveniently from their devices, thereby staying competitive in a rapidly changing financial landscape. For investors, Bank of America presents a compelling opportunity as it combines stability with growth potential. The bank has demonstrated resilience in various market conditions, showcasing a solid financial performance characterized by steady revenue growth, improving efficiency ratios, and a consistent return on equity. With a focus on managing costs and continuing to innovate its service offerings, Bank of America is well-positioned to navigate economic fluctuations. Furthermore, the bank's commitment to returning capital to shareholders through dividends and share buybacks strengthens its appeal as an investment choice. As the financial services sector continues to evolve, Bank of America's strategic initiatives and strong positioning could deliver sustained financial health and attractive long-term returns for investors looking to gain exposure to the banking sector.

BAC Intrinsic Value
53.69 USD
Undervaluation 13%
Intrinsic Value
Price

See Also

What is Bank of America Corp's Total Current Liabilities?
Total Current Liabilities
658.8B USD

Based on the financial report for Sep 30, 2024, Bank of America Corp's Total Current Liabilities amounts to 658.8B USD.

What is Bank of America Corp's Total Current Liabilities growth rate?
Total Current Liabilities CAGR 10Y
5%

Over the last year, the Total Current Liabilities growth was 20%. The average annual Total Current Liabilities growth rates for Bank of America Corp have been 16% over the past three years , 10% over the past five years , and 5% over the past ten years .

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