Report post

Is Bank of America Corp stock a sustainable dividend stock?

Based on Bank of America Corp's dividend yield and five-year growth rate, the 5-year yield on cost of Bank of America Corp stock as of today is approximately 3.91%. To assess the sustainability of the dividend, one needs to evaluate the company's payout ratio.

Is Bank of America a US company?

Bank of America has operations in several countries but is primarily US-focused. Bank of America is one of the largest financial institutions in the United States, with more than $3.0 trillion in assets. It is organized into four major segments: consumer banking, global wealth and investment management, global banking, and global markets.

Does Bank of America stock outperform the S&P 500?

Bank of America stock has outperformed the S&P 500 by two times since mid-August 2023 when my initial bullish thesis was published. The bank's consolidated revenue and EPS stagnate, but the situation does not look bad when we look at the segments level.

The World's Leading Crypto Trading Platform

Get my welcome gifts