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Bank of America Corporation Competitors & Alternatives

Bank of America Corporation competitors and alternatives include JPMorgan Chase & Co., Citigroup, etc.…

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Company
Company
Ticker
BAC
JPM
C
Headquarter
Charlotte ,NC
US
New York City ,NY
US
New York City ,NY
US
CEO
Brian Thomas Moynihan
James Dimon
Jane Nind Fraser
Industry
Banks - Diversified
Banks - Diversified
Banks - Diversified
Stock Price
Stock Price
Market Cap
Market Cap
$337.46 B
$809.74 B
$170.93 B
Employees
Years
  • 2023
  • 2024
  • 2022
  • 2023
  • 2024
  • 2022
  • 2023
  • 2024
Employees
  • 213.00 K
  • 213.00 K
  • 293.72 K
  • 309.93 K
  • 317.23 K
  • 240.00 K
  • 239.00 K
  • 229.00 K
Y/Y
2.4%
0%
8.37%
5.52%
2.36%
7.43%
0.42%
4.18%

Income Statement

Revenue
Years
  • 2022
  • 2023
  • 2024
  • 2022
  • 2023
  • 2024
  • 2022
  • 2023
  • 2024
Revenue
  • $115.05 B
  • $171.91 B
  • $192.43 B
  • $153.82 B
  • $236.27 B
  • $270.79 B
  • $100.22 B
  • $155.38 B
  • $170.71 B
Y/Y
22.59%
49.42%
11.94%
20.89%
53.6%
14.61%
25.48%
55.04%
9.86%
Revenue by Products / Services
Revenue by Geography
Research and Development
Years
  • 2022
  • 2023
  • 2024
  • 2022
  • 2023
  • 2024
  • 2022
  • 2023
  • 2024
Research and Development
  • -
  • -
  • -
  • -
  • -
  • -
  • -
  • -
  • -
Y/Y
0%
0%
0%
0%
0%
0%
0%
0%
0%
Operating Income
Years
  • 2022
  • 2023
  • 2024
  • 2022
  • 2023
  • 2024
  • 2022
  • 2023
  • 2024
Operating Income
  • $30.97 B
  • $28.34 B
  • $29.25 B
  • $46.17 B
  • $61.61 B
  • $75.08 B
  • $18.81 B
  • $12.91 B
  • $17.05 B
Y/Y
8.85%
8.48%
3.22%
22.49%
33.46%
21.86%
31.53%
31.36%
32.04%
Tax Rate (%)
Years
  • 2022
  • 2023
  • 2024
  • 2022
  • 2023
  • 2024
  • 2022
  • 2023
  • 2024
Tax Rate (%)
  • 11.00%
  • 6.00%
  • 7.00%
  • 18.00%
  • 20.00%
  • 22.00%
  • 19.00%
  • 27.00%
  • 25.00%
Y/Y
88.95%
41.94%
12.4%
2.44%
6.42%
13.03%
2.37%
41.09%
9.62%
Net Income
Years
  • 2022
  • 2023
  • 2024
  • 2022
  • 2023
  • 2024
  • 2022
  • 2023
  • 2024
Net Income
  • $27.53 B
  • $26.52 B
  • $27.13 B
  • $37.68 B
  • $49.55 B
  • $58.47 B
  • $14.85 B
  • $9.23 B
  • $12.68 B
Y/Y
13.92%
3.68%
2.33%
22.05%
31.52%
18%
32.38%
37.84%
37.43%
Revenue Per Employee
Years
  • 2023
  • 2024
  • 2022
  • 2023
  • 2024
  • 2022
  • 2023
  • 2024
Revenue Per Employee
  • $807.10 K
  • $903.45 K
  • $523.70 K
  • $762.35 K
  • $853.60 K
  • $417.58 K
  • $650.13 K
  • $745.45 K
Y/Y
78.88%
11.94%
11.55%
45.57%
11.97%
16.8%
55.69%
14.66%
Net Income Per Employee
Years
  • 2023
  • 2024
  • 2022
  • 2023
  • 2024
  • 2022
  • 2023
  • 2024
Net Income Per Employee
  • $124.48 K
  • $127.38 K
  • $128.27 K
  • $159.88 K
  • $184.32 K
  • $61.85 K
  • $38.61 K
  • $55.38 K
Y/Y
19.03%
2.33%
28.07%
24.65%
15.28%
37.05%
37.58%
43.43%

Assets & Liabilities | Cash Flow

Total Assets
Years
  • 2022
  • 2023
  • 2024
  • 2022
  • 2023
  • 2024
  • 2022
  • 2023
  • 2024
Total Assets
  • $3.05 T
  • $3.18 T
  • $3.26 T
  • $3.67 T
  • $3.88 T
  • $4.00 T
  • $2.42 T
  • $2.41 T
  • $2.35 T
Y/Y
3.73%
4.22%
2.56%
2.08%
5.72%
3.29%
5.47%
0.2%
2.44%
Total Liabilities
Years
  • 2022
  • 2023
  • 2024
  • 2022
  • 2023
  • 2024
  • 2022
  • 2023
  • 2024
Total Liabilities
  • $2.78 T
  • $2.89 T
  • $2.97 T
  • $3.37 T
  • $3.55 T
  • $3.66 T
  • $2.21 T
  • $2.21 T
  • $2.14 T
Y/Y
4.18%
3.97%
2.68%
2.2%
5.16%
3.12%
6.04%
0.42%
2.81%
Capital Expenditures (Capex)
Years
  • 2022
  • 2023
  • 2024
  • 2022
  • 2023
  • 2024
  • 2022
  • 2023
  • 2024
Capital Expenditures (Capex)
  • -
  • -
  • -
  • -
  • -
  • -
  • -$5.63 B
  • -$6.58 B
  • -$6.50 B
Y/Y
0%
0%
0%
0%
0%
0%
36.73%
16.89%
1.26%

Profitability

Operating Income Margin (%)
Years
  • 2022
  • 2023
  • 2024
  • 2022
  • 2023
  • 2024
  • 2022
  • 2023
  • 2024
Operating Income Margin (%)
  • 26.92%
  • 16.49%
  • 15.20%
  • 30.01%
  • 26.08%
  • 27.73%
  • 18.77%
  • 8.31%
  • 9.99%
Y/Y
25.64%
38.74%
7.82%
35.89%
13.1%
6.33%
45.42%
55.73%
20.22%
Net Income Margin (%)
Years
  • 2022
  • 2023
  • 2024
  • 2022
  • 2023
  • 2024
  • 2022
  • 2023
  • 2024
Net Income Margin (%)
  • 23.93%
  • 15.42%
  • 14.10%
  • 24.49%
  • 20.97%
  • 21.59%
  • 14.81%
  • 5.94%
  • 7.43%
Y/Y
29.76%
35.56%
8.56%
35.54%
14.37%
2.96%
46.13%
59.89%
25.08%
EBITDA
Years
  • 2022
  • 2023
  • 2024
  • 2022
  • 2023
  • 2024
  • 2022
  • 2023
  • 2024
EBITDA
  • $32.95 B
  • $30.40 B
  • $31.44 B
  • $53.22 B
  • $69.12 B
  • $83.02 B
  • $23.07 B
  • $17.47 B
  • $21.36 B
Y/Y
8.16%
7.73%
3.43%
21.15%
29.89%
20.1%
26.61%
24.27%
22.25%
Free Cash Flow (FCF)
Years
  • 2022
  • 2023
  • 2024
  • 2022
  • 2023
  • 2024
  • 2022
  • 2023
  • 2024
Free Cash Flow (FCF)
  • -$6.33 B
  • $44.98 B
  • -$8.81 B
  • $107.12 B
  • $12.97 B
  • -$42.01 B
  • $19.44 B
  • -$80.00 B
  • -$26.17 B
Y/Y
12.04%
810.95%
119.57%
37.18%
87.89%
423.82%
54.77%
511.58%
67.29%

Ratios

Return on Equity (ROE)
Years
  • 2022
  • 2023
  • 2024
  • 2022
  • 2023
  • 2024
  • 2022
  • 2023
  • 2024
Return on Equity (ROE)
  • 10.08%
  • 9.09%
  • 9.18%
  • 12.89%
  • 15.11%
  • 16.96%
  • 7.38%
  • 4.49%
  • 6.08%
Y/Y
14.86%
9.82%
0.99%
21.55%
17.22%
12.24%
32.11%
39.16%
35.41%
Return on Assets (ROA)
Years
  • 2022
  • 2023
  • 2024
  • 2022
  • 2023
  • 2024
  • 2022
  • 2023
  • 2024
Return on Assets (ROA)
  • 0.90%
  • 0.83%
  • 0.83%
  • 1.03%
  • 1.28%
  • 1.46%
  • 0.61%
  • 0.38%
  • 0.54%
Y/Y
10.89%
7.78%
0%
20.16%
24.27%
14.06%
36.46%
37.7%
42.11%
Debt to Equity
Years
  • 2022
  • 2023
  • 2024
  • 2022
  • 2023
  • 2024
  • 2022
  • 2023
  • 2024
Debt to Equity
  • 182.49%
  • 211.97%
  • 222.77%
  • 185.58%
  • 199.18%
  • 217.88%
  • 259.03%
  • 293.10%
  • 283.11%
Y/Y
0.67%
16.15%
5.1%
0.56%
7.33%
9.39%
10.46%
13.15%
3.41%

Valuation

Enterprise Value
Years
  • 2022
  • 2023
  • 2024
  • 2022
  • 2023
  • 2024
  • 2022
  • 2023
  • 2024
Enterprise value
  • $529.81 B
  • $547.09 B
  • $702.04 B
  • $372.98 B
  • $528.78 B
  • $970.73 B
  • $267.17 B
  • $440.54 B
  • $447.87 B
Y/Y
2.14%
3.26%
28.32%
30.16%
41.77%
83.58%
20.1%
64.89%
1.66%
Enterprise value to Revenue
Years
  • 2022
  • 2023
  • 2024
  • 2022
  • 2023
  • 2024
  • 2022
  • 2023
  • 2024
Enterprise value to Revenue
  • 4.60
  • 3.18
  • 3.65
  • 2.42
  • 2.24
  • 3.58
  • 2.67
  • 2.84
  • 2.62
Y/Y
16.68%
30.89%
14.64%
7.66%
7.7%
60.18%
36.33%
6.35%
7.46%
Enterprise value to EBITDA
Years
  • 2022
  • 2023
  • 2024
  • 2022
  • 2023
  • 2024
  • 2022
  • 2023
  • 2024
Enterprise value to EBITDA
  • 16.08
  • 18.00
  • 22.33
  • 7.01
  • 7.65
  • 11.69
  • 11.58
  • 25.22
  • 20.97
Y/Y
11.22%
11.92%
24.06%
65.08%
9.14%
52.85%
8.87%
117.73%
16.84%

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