What is the Return on Assets (ROA) of Bank of America this year?
The Return on Assets (ROA) of Bank of America is 0.01 undefined this year.
Bank of America ROA 2024
Bank of America ROA
0.01
Ticker
BAC
ISIN
US0605051046
WKN
858388
In 2024, Bank of America's return on assets (ROA) was 0.01, a -8.29% increase from the 0.01 ROA in the previous year.
Bank of America Aktienanalyse
What does Bank of America do?
Bank of America Corp is an American multinational bank holding company headquartered in Charlotte, North Carolina. It is one of the largest banks in the world and offers a wide range of financial services and products to individuals, businesses, and institutions. The history of Bank of America dates back to 1904 when it was founded as the Bank of Italy in San Francisco. In 1928, it became known as Bank of America and quickly began to expand. In the 1950s and 60s, it was one of the first banks to offer credit cards and eventually merged with numerous other banks both domestically and internationally. As a result, it now has a presence in nearly every country in the world. Bank of America's business model includes various segments, including retail banking, commercial banking, wealth management, and investment banking. In retail banking, it offers checking accounts, savings accounts, credit cards, mortgages, auto loans, and various other financial products for individual customers. In commercial banking, the bank provides financing solutions and services to small and medium-sized businesses, institutions, and government agencies. Bank of America's wealth and investment management division offers a wide range of advisory and asset management services to high-net-worth individuals and institutional clients. For example, the bank offers a wide selection of investment funds, asset management services, and consulting services. Bank of America is also a major player in investment banking, where it assists companies with mergers and acquisitions, capital raising, and the placement of bonds and stocks in global markets. Bank of America is a leading global investment bank and has completed numerous landmark deals in recent years. Overall, Bank of America offers a wide range of products and services through its various business segments and branches to meet the financial needs of its customers. The bank also offers online banking and mobile banking services and actively promotes social and environmental responsibility. In summary, Bank of America Corp is one of the largest banks in the world, offering a wide range of financial services and products to individual customers, businesses, and institutions. Its business model includes retail banking, commercial banking, wealth management, and investment banking. Bank of America is a key player in investment banking and has completed numerous landmark deals in recent years. Branches and online banking are integral parts of its offering. Bank of America ist eines der beliebtesten Unternehmen auf Eulerpool.com.ROA Details
Understanding Bank of America's Return on Assets (ROA)
Bank of America's Return on Assets (ROA) is a key performance indicator that measures the company's profitability in relation to its total assets. It is calculated by dividing the net income by the total assets. A higher ROA indicates efficient asset utilization to generate profits, reflecting managerial effectiveness and financial health.
Year-to-Year Comparison
Comparing Bank of America's ROA year-over-year provides insights into the company’s operational efficiency and asset utilization trends. An increasing ROA demonstrates enhanced asset efficiency and profitability, while a declining ROA can indicate operational or financial challenges.
Impact on Investments
Investors consider Bank of America's ROA as a crucial metric to evaluate the company’s profitability and efficiency. A higher ROA signifies that the company is effectively utilizing its assets to generate profits, making it a potentially attractive investment.
Interpreting ROA Fluctuations
Variations in Bank of America’s ROA can be attributed to changes in net income, asset purchases, or operational efficiencies. Analyzing these fluctuations assists in assessing the company's financial performance, management efficiency, and strategic financial positioning.
Frequently Asked Questions about Bank of America stock
What was the ROA of Bank of America compared to the previous year?
The ROA of Bank of America has increased by -8.29% compared to the previous year.
What consequences do high ROA have for investors of Bank of America?
A high ROA is advantageous for investors of Bank of America, as it indicates that the company efficiently utilizes its assets and generates good profits.
What are the consequences of low ROA for investors in Bank of America?
A low ROA can be unfavorable for investors of Bank of America as it indicates that the company is inefficiently utilizing its assets and may potentially achieve lower profits.
How does an increase in the ROA of Bank of America affect the company?
An increase in ROA of Bank of America can be an indicator of improved efficiency in asset utilization and higher profitability.
How does a reduction in ROA of Bank of America impact the company?
A reduction in the ROA of Bank of America can be an indicator of lower asset efficiency and profitability.
What are some factors that can influence the ROA of Bank of America?
Some factors that can influence the ROA of Bank of America include revenue, operating costs, asset structure, and industry average.
Why is the ROA of Bank of America important for investors?
The ROA of Bank of America is important for investors as it is an indicator of the company's profitability and efficiency in utilizing assets. It provides investors with information on how well the company utilizes its resources to generate profits.
What strategic measures can Bank of America take to improve ROA?
To improve ROA, Bank of America can take measures such as cost savings, revenue growth, optimizing asset structure, and diversifying its business activities. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic measures to improve ROA.
How much dividend does Bank of America pay?
Over the past 12 months, Bank of America paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, Bank of America is expected to pay a dividend of 0.98 USD.
What is the dividend yield of Bank of America?
The current dividend yield of Bank of America is .
When does Bank of America pay dividends?
Bank of America pays a quarterly dividend. This is distributed in the months of March, July, October, January.
How secure is the dividend of Bank of America?
Bank of America paid dividends every year for the past 26 years.
What is the dividend of Bank of America?
For the upcoming 12 months, dividends amounting to 0.98 USD are expected. This corresponds to a dividend yield of 2.18 %.
In which sector is Bank of America located?
Bank of America is assigned to the 'Finance' sector.
Wann musste ich die Aktien von Bank of America kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of Bank of America from 12/27/2024 amounting to 0.26 USD, you needed to have the stock in your portfolio before the ex-date on 12/6/2024.
When did Bank of America pay the last dividend?
The last dividend was paid out on 12/27/2024.
What was the dividend of Bank of America in the year 2023?
In the year 2023, Bank of America distributed 0.86 USD as dividends.
In which currency does Bank of America pay out the dividend?
The dividends of Bank of America are distributed in USD.
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Our stock analysis for Bank of America Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Bank of America Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
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