Invest Well in Bank of America Stock: Products, Dividend, Financial Statements, and More
2024-04-07 updated
When making long-term investments to ensure stability through diversified investments, it is recommended to prioritize ETFs that include Bank of America stocks. However, there might still be individuals who wish to invest directly in Bank of America stocks. Shall we also explore a value investing approach to assess whether Bank of America's performance will grow in the long term?
Q. What products and services does Bank of America provide?
Bank
Investment
Insurance
- Bank of America is a large US bank that provides various financial services around the world.
- It provides various financial products such as deposits, loans, investments, and insurance.
Q. What is Bank of America's competitive advantage?
- The largest investor is Warren Buffett’s Berkshire Hathaway.
Q. Is Bank of America's executive CEO honest and competent?
Brian Moynihan is the CEO of Bank of America.
- He was appointed CEO in 2010.
- After Bank of America merged with FleetBoston Financial in 2004, he joined BoA as President of Global Wealth and Investment Management.
- In 1993, he joined Fleet Boston Bank as a legal advisor.
Q. Is Bank of America's financial statements healthy?
(2024년 04월 06일 기준)
Net Profit Margin
- Bank of America has earned an annual net profit equivalent to 8.50% of the current stock price.
- Thenet profit has been decreasingat an annual rate of -1.41% over the past 5 years, so it's something to be cautious about.
Total Debt
- The debt is 2520.38% of the annual net profit.
- It would take about 26 years for the company to repay all of its debt.
- The net profit is decreasing, so Bank of America should be careful about managing the debt.
Dividend
- Bank of America offers a 2.59% annual dividend.
- Over the past 5 years, the annual average dividend has grown by 9.85%.
- Dividends are growing, which is good.
Share Buyback
- Apple recently repurchased its own shares equivalent to 1.56% of the stock price in the past year.
Q. What is Bank of America's stock performance like?
- This year's total return is 35.36%.
- 5-year mean total return is 8.00%.
Q. When is a good time to buy and sell Bank of America?
If Bank of America is healthy and growing, it will rise in the long run, so it is good to buy in installments even if you think the current stock price is a bit high. On the other hand, if you think that Bank of America is no longer healthy in the long run, you can consider selling.
PER
- Current: 12.09
- 5Y Avg: 11.17
- The current value is higher than the average, so be careful when buying. However, purchasing can be considered only if you judge that the company will sustain high long-term growth.
Price/Sale Ratio
- Current: 1.70
- 5Y Avg: 2.35
- Current value is lower than average so it may be time to consider buying. However, this strategy is only recommended if you are convinced that the company will continue to be healthy and grow in the long term.
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Value Investing Together is a blog and application that provides stock information for individuals interested in value investing and is not intended for investment recommendations. The information provided should only be used for reference purposes, and investment decisions should be made at one's own discretion and responsibility.