Bank Of America Stock Analysis [rjxtxpcUT9q]
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Today we have what seems to be the biggest of the banks on the US (and likely the world): Bank of America.
The current P/E of 20 isn't bad and the forward P/E of 16 is pretty decent, but in line with other banks.
The dividend yield is 1.86% with a payout ratio of 39% which is matt tebbutt leaving show pretty decent.
Revenue and earnings are down significantly to $86 Billion and $18 Billion respectively.
The balance sheet looks good (for a bank) with a stockholders' equity of $273 Billion.
For a growth investors obviously big banks don't really enter the picture.
For a dividend investor I think this company warrants a closer look mostly because of the stability of the company and not necessarily the dividend which isn't too great.
For a value investor I think virat kohli this is a pretty good company to invest in. The P/E is decent, the dividend is decent and the balance sheet is pretty nice rocket league as well.
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