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Bank of America (BAC) Stock Report By: Adam Parker, Rob Haller

Bank of America Stock Report

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Page 1: Bank of America Stock Report

Bank of America (BAC) Stock ReportBy: Adam Parker, Rob Haller

Page 2: Bank of America Stock Report

Outline Sector Outlook Economic News Industry Performance Company Profile Recent News Company Analysis Competitor Analysis Recommendations

Page 3: Bank of America Stock Report

Sector Outlook

Page 4: Bank of America Stock Report

Sector Performance

Page 5: Bank of America Stock Report

Economic News

Interest rates are on the rise

Housing construction up the most since November 2007

US job openings up the most in 15 years

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Industry Performance

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Company Profile Money Center Banks Industry

Bank of America Corporation, through its subsidiaries, provides banking and financial products and services for individual consumers, small and middle market businesses, institutional investors, large corporations, and governments worldwide

The company operates through Consumer & Business Banking; Consumer Real Estate Services; Global Wealth & Investment Management; Global Banking; Global Markets; and Legacy Assets & Servicing segments

It offers traditional and money market savings accounts, CDs and IRAs, checking accounts, and investment accounts and products, as well as credit and debit cards; and lending related products and services, working capital management, and treasury solutions

Page 8: Bank of America Stock Report

Recent News

Since 2010, Bank of America has paid at least $70 billion to resolve disputes linked to the financial crisis

Bank of America wins home equity lawsuit

Banks are originating home-equity loans at the fastest pace in seven years

Reducing it’s branches and full-time workforce to expand on digital options for customers

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Company Analysis

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2 Year

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YTD

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1 Month

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Key Ratios

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Ratios Compared to Industry

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Income Statemet

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Balance Sheet

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Balance Sheet

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Competitor Analysis

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The Clock’s Ticking… Interest rates on the rise

Mortgage loans on the rise

Company cutting costs

Strong financials

Projected stock value