Bank of America Corp
XMUN:NCB
Decide at what price you'd be comfortable buying and we'll help you stay ready.
|
B
|
Bank of America Corp
XMUN:NCB
|
US |
Intrinsic Value
The intrinsic value of 
Bank of America Corp (NCB) under the Base Case is 55.61 EUR per share.
Compared with the current market price of 46.13 EUR, the stock appears
Undervalued by 17% .
The intrinsic value is the average of valuations using the DCF method and multiples.
Do our valuations actually work? See backtest results .
Cheap or expensive for this stock?
This block shows whether today’s valuation is cheap or expensive compared with the stock’s own history, and what happened after similar valuations in the past.
We compare the gap between the stock’s price and our estimated value over time.
- Undervalued can still be historically expensive. The stock may trade below our estimated value, but usually offer an even bigger discount.
- Overvalued can still be historically cheap. The stock may trade above our estimated value, but usually carry an even higher premium.
Market expectations can differ from our model, which may not fully capture everything affecting the price. That is why some stocks regularly trade above our estimated value and others below it.
The scale and chart show how today’s valuation compares with the past. The cards summarize past returns and waiting times until the stock stopped being cheap or expensive. This can happen because the price changed, our estimated value changed, or both.
Only completed periods are included. These are past results, not forecasts. The usual historical range does not necessarily mean fair value.
Fundamental Analysis
What Bank of America Does
Bank of America is one of the largest banks in the United States. It takes deposits, makes loans, and handles payments for households, small businesses, large companies, and governments. It also runs a major wealth management and investment banking business, helping clients manage cash, invest, trade securities, and raise capital.
- Headquarters
- United States of America US
- Employees
- 212 000
- IPO date
- Jun 5, 1979
Bank of America has a wide economic moat
Low-cost customer deposits give Bank of America an inexpensive source of money to lend, making its established customer base difficult for new rivals to replicate. Its deposit base also supports spreading technology and operating expenses across many customers. These advantages are reinforced by the work and disruption involved in replacing banking arrangements embedded in customers’ daily finances.
Read the full moat analysis
The intrinsic value for Bank of America Corp (NCB) under the Base Case is 55.61 EUR.
Compared with the current market price of 46.13 EUR, the stock appears Undervalued by 17% .
