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Bank of America (Bank of America) FCF Margin % : 149.02% (As of Dec. 2023)


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What is Bank of America FCF Margin %?

FCF Margin % is calculated as Free Cash Flow divided by its Revenue. Bank of America's Free Cash Flow for the three months ended in Dec. 2023 was $32,724 Mil. Bank of America's Revenue for the three months ended in Dec. 2023 was $21,959 Mil. Therefore, Bank of America's FCF Margin % for the quarter that ended in Dec. 2023 was 149.02%.

As of today, Bank of America's current FCF Yield % is 15.11%.

The historical rank and industry rank for Bank of America's FCF Margin % or its related term are showing as below:

BAC' s FCF Margin % Range Over the Past 10 Years
Min: -8.07   Med: 34.37   Max: 67.71
Current: 45.83


During the past 13 years, the highest FCF Margin % of Bank of America was 67.71%. The lowest was -8.07%. And the median was 34.37%.

BAC's FCF Margin % is ranked better than
70.7% of 1423 companies
in the Banks industry
Industry Median: 27.32 vs BAC: 45.83


Bank of America FCF Margin % Historical Data

The historical data trend for Bank of America's FCF Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Bank of America FCF Margin % Chart

Bank of America Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
FCF Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 67.71 44.42 -8.07 -6.66 45.63

Bank of America Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
FCF Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -43.03 46.78 46.78 149.02 -

Competitive Comparison of Bank of America's FCF Margin %

For the Banks - Diversified subindustry, Bank of America's FCF Margin %, along with its competitors' market caps and FCF Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Bank of America's FCF Margin % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Bank of America's FCF Margin % distribution charts can be found below:

* The bar in red indicates where Bank of America's FCF Margin % falls into.



Bank of America FCF Margin % Calculation

FCF margin is the ratio of Free Cash Flow divided by net sales or Revenue, usually presented in percent.

Bank of America's FCF Margin for the fiscal year that ended in Dec. 2023 is calculated as

FCF Margin=Free Cash Flow (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=44982/98581
=45.63 %

Bank of America's FCF Margin for the quarter that ended in Dec. 2023 is calculated as

FCF Margin=Free Cash Flow (Q: Dec. 2023 )/Revenue (Q: Dec. 2023 )
=32724/21959
=149.02 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Bank of America FCF Margin % Related Terms

Thank you for viewing the detailed overview of Bank of America's FCF Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Bank of America (Bank of America) Business Description

Address
100 North Tryon Street, Bank of America Corporate Center, Charlotte, NC, USA, 28255
Bank of America is one of the largest financial institutions in the United States, with more than $2.5 trillion in assets. It is organized into four major segments: consumer banking, global wealth and investment management, global banking, and global markets. Bank of America's consumer-facing lines of business include its network of branches and deposit-gathering operations, retail lending products, credit and debit cards, and small-business services. The company's Merrill Lynch operations provide brokerage and wealth-management services, as does its private bank. Wholesale lines of business include investment banking, corporate and commercial real estate lending, and capital markets operations. Bank of America has operations in several countries but is primarily U.S.-focused.
Executives
Thomas D Woods director 100 NORTH TRYON STREET, CHARLOTTE NC 28255
James P Demare officer: President, Global Markets 100 NORTH TRYON STREET, CHARLOTTE NC 28255
Dean C Athanasia officer: Pres Prf & Sm Bs Bk & Co-Hd CB 100 FEDERAL STREET, BOSTON MA 02110
Lindsay D. Hans officer: Pres, Merrill Wealth Mgmt 100 NORTH TRYON STREET, CHARLOTTE NC 28255
Eric A. Schimpf officer: Pres, Merrill Wealth Mgmt 100 NORTH TRYON STREET, CHARLOTTE NC 28255
Matthew M Koder officer: Pres, Gl Corp & Invest Banking 100 NORTH TRYON STREET, CHARLOTTE NC 28255
Jose E Almeida director ONE BAXTER PARKWAY, DEERFIELD IL 60015
Andrew M. Sieg officer: Pres, Merill Lynch Wlth Mgmt 100 N TRYON STREET, CHARLOTTE NC 28255
Frank P Bramble director
Bruce R. Thompson officer: Vice Chair, Head Ent Credit 100 NORTH TRYON STREET, CHARLOTTE NC 28255
Alastair M Borthwick officer: Pres, Global Com Banking 100 NORTH TRYON STREET, CHARLOTTE NC 28255
Aditya Bhasin officer: Chief Tech & Info Officer 100 NORTH TRYON STREET, CHARLOTTE NC 28255
Lauren A Mogensen officer: Global Compl & Op Risk Exec 100 NORTH TRYON STREET, CHARLOTTE NC 28255
Thomas M Scrivener officer: Chief Operations Executive 100 NORTH TRYON STREET, CHARLOTTE NC 28255
Bernard A Mensah officer: President, International 100 NORTH TRYON STREET, CHARLOTTE NC 28255