About Bank of America Corporation
Bank of America Corporation (BAC) has been publicly traded since 1973, making it a 53-year-old public company. It operates in the Banks - Diversified industry within the Financial Services sector. The company is headquartered in Charlotte, United States and employs approximately 213,000 people. With a market capitalization of $341 billion, BAC is one of the largest publicly traded companies.
Key Statistics
- Current Price
- $46.97
- Market Cap
- $342.96B
- 52-Week High
- $57.55
- 52-Week Low
- $33.07
- Sector
- Financial Services
- Industry
- Banks - Diversified
$1,000 Invested
Monthly Returns Heatmap
Annual Returns
| Year | Return | Start | End |
|---|---|---|---|
| 2026 | -14.13% | $54.69 | $46.97 |
| 2025 | +28.04% | $42.71 | $54.69 |
| 2024 | +33.85% | $31.91 | $42.71 |
| 2023 | +4.83% | $30.44 | $31.91 |
| 2022 | -23.82% | $39.96 | $30.44 |
| 2021 | +49.61% | $26.71 | $39.96 |
| 2020 | -11.63% | $30.23 | $26.71 |
| 2019 | +46.19% | $20.68 | $30.23 |
| 2018 | -15.00% | $24.32 | $20.68 |
| 2017 | +35.69% | $17.93 | $24.32 |
| 2016 | +33.37% | $13.44 | $17.93 |
| 2015 | -4.78% | $14.12 | $13.44 |
| 2014 | +15.74% | $12.20 | $14.12 |
| 2013 | +34.51% | $9.07 | $12.20 |
| 2012 | +109.83% | $4.32 | $9.07 |
| 2011 | -58.12% | $10.32 | $4.32 |
| 2010 | -11.16% | $11.61 | $10.32 |
| 2009 | +7.48% | $10.81 | $11.61 |
| 2008 | -63.09% | $29.28 | $10.81 |
| 2007 | -18.83% | $36.07 | $29.28 |
| 2006 | +20.70% | $29.89 | $36.07 |
| 2005 | +2.40% | $29.18 | $29.89 |
| 2004 | +21.52% | $24.02 | $29.18 |
| 2003 | +20.16% | $19.99 | $24.02 |
| 2002 | +14.55% | $17.45 | $19.99 |
| 2001 | +42.70% | $12.23 | $17.45 |
| 2000 | -4.49% | $12.80 | $12.23 |
| 1999 | -14.00% | $14.89 | $12.80 |
| 1998 | +1.29% | $14.70 | $14.89 |
| 1997 | +27.28% | $11.55 | $14.70 |
| 1996 | +44.42% | $8.00 | $11.55 |
| 1995 | +59.80% | $5.00 | $8.00 |
| 1994 | -4.42% | $5.24 | $5.00 |
| 1993 | -1.42% | $5.31 | $5.24 |
| 1992 | +30.59% | $4.07 | $5.31 |
| 1991 | +85.09% | $2.20 | $4.07 |
| 1990 | -48.34% | $4.25 | $2.20 |
| 1989 | +74.13% | $2.44 | $4.25 |
| 1988 | +64.35% | $1.49 | $2.44 |
| 1987 | -16.71% | $1.78 | $1.49 |
| 1986 | -2.66% | $1.83 | $1.78 |
| 1985 | +26.13% | $1.45 | $1.83 |
| 1984 | +31.05% | $1.11 | $1.45 |
| 1983 | +46.00% | $0.76 | $1.11 |
| 1982 | +26.05% | $0.60 | $0.76 |
| 1981 | +10.19% | $0.55 | $0.60 |
| 1980 | -0.92% | $0.55 | $0.55 |
| 1979 | +13.54% | $0.49 | $0.55 |
| 1978 | +5.49% | $0.46 | $0.49 |
| 1977 | -6.19% | $0.49 | $0.46 |
| 1976 | +24.36% | $0.40 | $0.49 |
| 1975 | +30.00% | $0.30 | $0.40 |
| 1974 | -81.01% | $1.60 | $0.30 |
Valuation
BAC currently trades at a trailing P/E ratio of 12.3, which is considered low relative to the broader market. The forward P/E of 9.4 suggests analysts expect earnings to be lower in the coming year. The price-to-book ratio stands at 1.2. The price-to-sales ratio is 3.2.
Dividends
Bank of America Corporation pays a dividend to shareholders with a current yield of 2.40%. This translates to $1.12 per share annually. The payout ratio of 28% indicates sustainable dividend coverage.
Risk & Volatility
BAC has a beta of 1.26, indicating it is significantly more volatile than the overall market. The stock's 52-week range is $33.07 to $57.55, and it currently trades in the upper half of its 52-week range.
Analyst Ratings
Based on 24 analyst opinions, BAC has a consensus "buy" rating. The average price target of $62.19 suggests 33.1% upside from current levels.
Frequently Asked Questions
What does Bank of America Corporation do? ▼
Bank of America Corporation is a Banks - Diversified company operating in the Financial Services sector. The company is headquartered in Charlotte, United States.
What sector is BAC in? ▼
BAC operates in the Financial Services sector, specifically in the Banks - Diversified industry.
When did BAC go public? ▼
Bank of America Corporation went public in 1973, making it a 53-year-old public company as of 2026.
How much would $1,000 invested in BAC 5 years ago be worth today? ▼
A $1,000 investment in BAC five years ago would be worth approximately $1,460 today, representing a 46.0% return.
Does BAC pay dividends? ▼
Yes, Bank of America Corporation pays a dividend with a current yield of 2.40%, which is $1.12 per share annually.
What is BAC's market cap? ▼
Bank of America Corporation has a market capitalization of $341 billion, classifying it as a mega-cap company.
What is BAC's P/E ratio? ▼
BAC has a trailing P/E ratio of 12.3 and a forward P/E of 9.4, which measures how much investors are paying per dollar of earnings.
Is BAC a buy, hold, or sell? ▼
Based on 24 opinions, BAC has a consensus "buy" rating. The average price target is $62.19.
Last updated: 3/14/2026