Is Bank of America stock a buy?
What Is The Conclusion?
Right now our advanced algorithms say:
Do the analyst corps agree?
Interesting Questions and Easy Answers!
Yes, Bank of America pays dividends. Last time was Thursday 15th of August 2024 where the investors holding the stock on Wednesday 31st of July 2024 were paid $0.37912 per share. Over the last 71 times between 2007 and 2024, Bank of America has paid $19.30849 with an average of $0.27 per share.
Sorry, we do not have any analyst data for this ticker
We cannot find data for Bank of America 10 years ago, but if you had invested on Monday 21st of October 2019 when the price was $24.33, you would have made a profit of $0.440 per share or 1.81%
No, the average daily trading liquidity for Bank of America is $14 722 thousand. Trading in stocks with this little trading liquidity is very dangerous, and you can get into a situation where it will be hard to trade your stocks. In addition, these types of stocks usually have very high volatility.
Bank of America has a normal ratio of the business financed by loans. This puts the company at some risk in periods of high inflation where borrowing costs usually go up. With a low cash flow to debt ratio of 0.05, the company's ability to pay off the debt is limited. Bank of America has a very good net profit margin of 24.95% and should have very high tolerances against inflation.
We have calculated the inflation risk for Bank of America to be low [0.45 of 1]
US inflation for August 2024 was 0.19%. Over the last 12 months, the US inflation is 2.59%. The 10-year treasury yield that indicates the future interest level is currently 4.09 and is down -0.37 over the last 30 days.