Financials Bank of America Corporation

Equities

BAC

US0605051046

Banks

Real-time Estimate Cboe BZX Other stock markets 09:32:56 2025-12-16 EST			5-day change	1st Jan Change
55.14 ^USD	-0.34%		+2.65%	+25.89%

06:24am	Fund managers turn most bullish in 3-1/2 years in 'run it hot' environment - BofA survey	RE
06:12am	Bofa FMS: Bull & Bear Indicator at 7.9 Close to "Sell Signal", Says Positioning 'Big Headwind' for Risk Assets	RE

Projected Income Statement: Bank of America Corporation

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027
Net sales ¹	86,027	89,113	94,950	98,581	101,887	109,710	116,090	122,097
Change	-	3.59%	6.55%	3.82%	3.35%	7.68%	5.82%	5.18%
EBITDA	-	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	-
EBIT ¹	30,315	29,382	33,512	32,736	35,075	40,200	44,343	49,254
Change	-	-3.08%	14.06%	-2.32%	7.15%	14.61%	10.31%	11.08%
Interest Paid	-	-	-	-	-	-	-	-
Earnings before Tax (EBT) ¹	18,995	33,976	30,969	28,342	29,254	33,729	37,404	40,846
Change	-	78.87%	-8.85%	-8.48%	3.22%	15.3%	10.9%	9.2%
Net income ¹	16,473	30,557	26,015	24,866	25,503	29,247	31,763	34,559
Change	-	85.5%	-14.86%	-4.42%	2.56%	14.68%	8.6%	8.8%
Announcement Date	1/19/21	1/19/22	1/13/23	1/12/24	1/16/25	-	-	-

¹USD in Million

Estimates

Fiscal Period: December	2020 Q4	2021 Q1	2021 Q2	2021 Q3	2021 Q4	2022 Q1	2022 Q2	2022 Q3	2022 Q4	2023 Q1	2023 Q2	2023 Q3	2023 Q4	2024 Q1	2024 Q2	2024 Q3	2024 Q4	2025 Q1	2025 Q2	2025 Q3	2025 Q4	2026 Q1	2026 Q2	2026 Q3	2026 Q4	2027 Q1	2027 Q2	2027 Q3
Net sales ¹	20,212	22,821	21,466	22,766	22,060	23,228	22,688	24,502	24,532	26,258	25,197	25,167	21,959	25,818	25,377	25,345	25,347	27,366	26,463	28,088	27,728	28,821	28,980	29,944	29,243	30,000	30,000	31,000
Change	-	12.91%	-5.94%	6.06%	-3.1%	5.29%	-2.32%	8%	0.12%	7.04%	-4.04%	-0.12%	-12.75%	17.57%	-1.71%	-0.13%	0.01%	7.97%	-3.3%	6.14%	-1.28%	3.94%	0.55%	3.32%	-2.34%	2.59%	0%	3.33%
EBITDA	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
EBIT ¹	6,172	7,306	6,421	8,326	7,329	7,909	7,415	9,199	8,989	10,020	9,159	9,329	4,228	8,581	9,068	8,866	8,560	9,596	9,280	10,751	10,158	10,663	11,234	11,771	11,258	10,943	11,655	12,240
Change	-	18.37%	-12.11%	29.67%	-11.97%	7.91%	-6.25%	24.06%	-2.28%	11.47%	-8.59%	1.86%	-54.68%	102.96%	5.68%	-2.23%	-3.45%	12.1%	-3.29%	15.85%	-5.51%	4.97%	5.36%	4.78%	-4.35%	-2.8%	6.51%	5.02%
Charge d'intérêts	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Earnings before Tax (EBT) ¹	6,119	9,200	8,042	8,950	7,818	7,879	6,892	8,301	7,897	9,089	8,034	8,095	3,124	7,262	7,560	7,324	7,108	8,116	7,688	9,456	8,486	8,800	9,369	9,954	9,331	9,193	9,337	9,363
Change	-	50.35%	-12.59%	11.29%	-12.65%	0.78%	-12.53%	20.44%	-4.87%	15.09%	-11.61%	0.76%	-61.41%	132.46%	4.1%	-3.12%	-2.95%	14.18%	-5.27%	23%	-10.26%	3.7%	6.47%	6.24%	-6.26%	-1.48%	1.57%	0.28%
Net income ¹	5,208	7,560	8,964	7,260	6,773	6,600	5,932	6,579	6,904	7,656	7,102	7,270	2,838	6,142	6,582	6,380	6,399	6,990	6,825	8,040	7,232	7,436	8,008	8,414	8,007	8,602	8,780	9,186
Change	-	45.16%	18.57%	-19.01%	-6.71%	-2.55%	-10.12%	10.91%	4.94%	10.89%	-7.24%	2.37%	-60.96%	116.42%	7.16%	-3.07%	0.3%	9.24%	-2.36%	17.8%	-10.05%	2.82%	7.7%	5.06%	-4.83%	7.43%	2.06%	4.64%
Announcement Date	1/19/21	4/15/21	7/14/21	10/14/21	1/19/22	4/18/22	7/18/22	10/17/22	1/13/23	4/18/23	7/18/23	10/17/23	1/12/24	4/16/24	7/16/24	10/15/24	1/16/25	4/15/25	7/16/25	10/15/25	-	-	-	-	-	-	-	-

¹USD in Million

Estimates

Forecast Balance Sheet: Bank of America Corporation

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027
Net Debt	-	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	-
Announcement Date	1/19/21	1/19/22	1/13/23	1/12/24	1/16/25	-	-	-

Estimates

Cash Flow Forecast: Bank of America Corporation

Fiscal Period:

Estimates

Forecast Financial Ratios: Bank of America Corporation

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026	2027
Profitability
EBITDA Margin (%)	-	-	-	-	-	-	-	-	-
EBIT Margin (%)	-	35.24%	32.97%	35.29%	33.21%	34.43%	36.64%	38.2%	40.34%
EBT Margin (%)	-	22.08%	38.13%	32.62%	28.75%	28.71%	30.74%	32.22%	33.45%
Net margin (%)	-	19.15%	34.29%	27.4%	25.22%	25.03%	26.66%	27.36%	28.3%
FCF margin (%)	-	-	-	-	-	-	-	-	-
FCF / Net Income (%)	-	-	-	-	-	-	-	-	-
Profitability
ROA	-	0.67%	1.05%	0.88%	0.84%	0.83%	0.89%	0.94%	1%
ROE	-	6.76%	12.23%	10.75%	9.75%	9%	10.45%	11.14%	12.31%
Financial Health
Leverage (Debt/EBITDA)	-	-	-	-	-	-	-	-	-
Debt / Free cash flow	-	-	-	-	-	-	-	-	-
Capital Intensity
CAPEX / Current Assets (%)	-	-	-	-	-	-	-	-	-
CAPEX / EBITDA (%)	-	-	-	-	-	-	-	-	-
CAPEX / FCF (%)	-	-	-	-	-	-	-	-	-
Items per share
Cash flow per share ¹	-	-	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	-	-
Dividend per Share ¹	-	0.72	0.78	0.86	0.92	1	1.086	1.198	1.317
Change	-	-	8.33%	10.26%	6.98%	8.7%	8.56%	10.34%	9.97%
Book Value Per Share ¹	-	28.72	30.37	30.61	33.34	35.79	38.32	40.8	43.74
Change	-	-	5.75%	0.79%	8.92%	7.35%	7.07%	6.49%	7.2%
EPS ¹	-	1.87	3.57	3.19	3.08	3.21	3.824	4.363	5.015
Change	-	-	90.91%	-10.64%	-3.45%	4.22%	19.11%	14.12%	14.93%
Nbr of stocks (in thousands)	-	8,650,790	8,184,084	8,022,432	7,913,732	7,672,880	7,302,496	7,302,496	7,302,496
Announcement Date	-	1/19/21	1/19/22	1/13/23	1/12/24	1/16/25	-	-	-