Bank of America Corp (BAC)
Bank of America Corp. is a bank and financial holding company, which engages in the provision of banking and nonbank financial services. It operates through the following segments: Consumer Banking, Global Wealth & Investment Management, Global Banking, Global Markets, and All Other. The Consumer Banking segment offers credit, banking, and investment products and services to consumers and small businesses. The Global Wealth and Investment Management provides client experience through a network of financial advisors focused on to meet their needs through a full set of investment management, brokerage, banking, and retirement products. The Global Banking segment deals with lending-related products and services, integrated working capital management and treasury solutions to clients, and underwriting and advisory services. The Global Markets segment includes sales and trading services, as well as research, to institutional clients across fixed-income, credit, currency, commodity, and equity businesses. The All Other segment consists of asset and liability management activities, equity investments, the non-U.S. consumer credit card business, non-core mortgage loans and servicing activities, the net impact of periodic revisions to the mortgage servicing rights (MSR) valuation model for both core and non-core MSRs, other liquidating businesses, residual expense allocations and other. The company was founded by Amadeo Peter Giannini in 1904 is headquartered in Charlotte, NC.
|Market Price at 12-12-2017
|Price to Earnings Ratio
|Return on Equity (ROE)
Blog posts that reference Bank of America Corp:
Monday, October 09, 2017
Global Equity Markets in Review
- Positive investor sentiment, strong economic data and renewed expectations of tax reforms lift US stock benchmarks to new highs
- European stocks move higher as investors remain optimistic despite political turbulence in Spain
- Asian markets edge higher as global cues drive sentiment
Monday, September 25, 2017
Global Equity Markets in Review
• Wall Street ends week with modest gains as Fed signals another rate hike
• Positive economic data and M&A activity lifts European markets
• Japanese market rally on yen weakness, while China remains steady despite rating downgrade
Tuesday, August 15, 2017
With the appreciation of the Aussie dollar making headlines while wrongfooting the RBA, we highlight a few stocks that may benefit from a stronger exchange rate.
Monday, August 07, 2017
• Mixed set of earnings and economic reports drive US market.
• Currency movement and slew of earnings reports direct European markets.
• Asian markets tread water amid plethora of economic data.
Friday, March 31, 2017
For Greece’s banking sector, 2016 was a fruitful year. According to Hellenic Banks Association (HBA), Greek banks’ operating profitability and capital ratios showed an improvement. Moreover, banking sector liquidity improved due to a robust inflow of around €4.2 billion in the form of deposits. Greek banks drew funding agreements from international markets worth €18.8 billion and reduced their dependence on liquidity from the Eurozone by €40.9 billion. Since the previous outbreak of Greece’s debt crisis in 2015 and subsequent recapitalization in October 2015, Greek banks have made reasonable progress, despite unsatisfactory economic activity in the country.
Friday, January 13, 2017
This post is not so much about Bellamy’s but how an investor could have potentially avoided the current Bellamy’s debacle.
As a quick background Bellamy’s is an organic infant formula company supplying supermarkets with its branded product and was highly imported brand in China. For 2015-2016 the stock was the share market darling with analysts happy to place Buy recommendations and project exponential sales and earnings growth. With phenomenal growth Bellamy’s appeared attractive on many valuation screens, including our Skaffold screens which relies on reported financials and these consensus analyst projections. Alas it proved to be an Icarus stock; high growth presents its own supply problems for the company and generates high expectations from investors. As the December 2016 update showed these expectations were disappointing, resulting in the shareprice rout we are currently seeing. The point of this post is to identify red flags investors should have seen or considered
Wednesday, November 30, 2016
For many of us, we grew up watching Disney cartoons - Mickey Mouse, Lion King, Snow White and the list goes on. Walt Disney produced its first cartoon in 1923, titled Alice’s Wonderland, and since then, the company grew from a humble cartoon studio into one of the largest media conglomerates in the world, with a market capitalisation of US$157B.
Thursday, August 18, 2016
With a 25 year streak since our last recession, Australia is on track to break a 26 year record held by the Netherlands. But has this translated to better market conditions in comparison to the rest of the world? Watch the webinar highlights to find out.
Friday, August 12, 2016
This week saw a lot more action on the reporting season calendar. Whilst there were a few pleasing performances there were few gold medals. The only company to ascend the podium to A1 status was Tamawood, a designer and builder of residential homes. Tamawood is a small company of $90 million market cap and no analyst coverage. It has generated good profit growth over the last few years however the cash funding falls a bit short, resulting in a funding deficit.
Tuesday, May 24, 2016
Skaffold recently added a further 10 stocks to the Swiss market taking the total Swiss stocks covered to almost 50. Switzerland is a small stock market, but it includes some of the world’s largest and most profitable companies.