Book Value Bank Of America
Book value per share can be defined as the amount of equity available to shareholders expressed on a per common share basis.
Book value bank of america. Bank of america s book value per share for the quarter that ended in sep. Bank of america book value per share for the three months ending september 30 2020 was 31 04. Book value per share is a good measure to value bank stocks.
During the past 5 years the average book value per share growth rate was 4 60 per year. The current price to book ratio for bank of america as of december 21 2020 is 1 01. Book value is a widely used stock evaluation measure.
Bank of america s book value per share for the quarter that ended in sep. Current and historical book value per share for bank of america bac from 2006 to 2020. Find the latest book value per share for bank of america corporation bac.
The price to book p b ratio is applied with a bank s stock price compared to equity book value per share meaning that the ratio. Historical price to book ratio values for bank of america bac over the last 10 years. Calculating the book value of bank of america corporation bac below is the balance sheet for the fiscal year ending for 2017 according to the bank s annual 10k statement.
Bank of america was off 5 7 to 21 38 above its tangible book value of about 19 40 a share at year end 2019. During the past 12 months bank of america s average book value per share growth rate was 8 70 per year. In depth view into bank of america price to book value including historical data from 1973 charts stats and industry comps.
During the past 3 years the average book value per share growth rate was 4 50 per year. During the past 5 years the average book value per share growth rate was 4 60 per year. Please refer to the stock price adjustment guide for more information on our historical prices p.