Book Value Bank Of America
During the past 5 years the average book value per share growth rate was 4 60 per year.
Book value bank of america. Please refer to the stock price adjustment guide for more information on our historical prices p. Book value per share is a good measure to value bank stocks. During the past 12 months bank of america s average book value per share growth rate was 8 70 per year.
Historical price to book ratio values for bank of america bac over the last 10 years. During the past 3 years the average book value per share growth rate was 4 50 per year. Find the latest book value per share for bank of america corporation bac.
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. In depth view into bank of america price to book value including historical data from 1973 charts stats and industry comps. Bank of america book value per share for the three months ending september 30 2020 was 31 04.
The current price to book ratio for bank of america as of december 21 2020 is 1 01. 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. 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.
Find the latest book value for bank of america corporation bac. During the past 3 years the average book value per share growth rate was 4 50 per year. Book value is a widely used stock evaluation measure.
Most of the banks have been generating low to midteen returns on tangible book. During the past 5 years the average book value per share growth rate was 4 60 per year. Bank of america s book value per share for the quarter that ended in sep.