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Bank of America (BAC) Stock ReportBy: Adam Parker, Rob Haller
Outline Sector Outlook Economic News Industry Performance Company Profile Recent News Company Analysis Competitor Analysis Recommendations
Sector Outlook
Sector Performance
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
Industry Performance
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
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
Company Analysis
2 Year
YTD
1 Month
Key Ratios
Ratios Compared to Industry
Income Statemet
Balance Sheet
Balance Sheet
Competitor Analysis
The Clock’s Ticking… Interest rates on the rise
Mortgage loans on the rise
Company cutting costs
Strong financials
Projected stock value