BAC-PE
Price:
$18.855
Market Cap:
$398.83B
Bank of America, operating globally through its various divisions, offers a broad spectrum of financial and banking solutions to a diverse client base, including individuals, small to mid-sized companies, major corporations, institutional investors, and government entities. The Consumer Banking division caters to individual clients by providing a comprehensive suite of deposit products, such as traditional savings, money market accounts, Certificates of Deposit (CDs), and IRAs, alongside both interest-bearing and non-interest-bearing checking options. It also facilitates investments and offers a range of lending products including credit and debit cards, home loans (residential mortgages and...[Read more]
Industry
Banks - Diversified
IPO Date
2006-11-14
Stock Exchange
NYSE
Ticker
BAC-PE
According to Bank of America Corporation’s latest financial reports and current stock price. The company's current Current Ratio is 0.54. This represents a change of 28.90% compared to the average of 0.42 of the last 4 quarters.
The mean historical Current Ratio of Bank of America Corporation over the last ten years is 0.30. The current 0.54 Current Ratio has changed 17.69% with respect to the historical average. Over the past ten years (40 quarters), BAC-PE's Current Ratio was at its highest in in the March 2026 quarter at 0.54. The Current Ratio was at its lowest in in the March 2023 quarter at 0.19.
Average
0.30
Median
0.30
Minimum
0.22
Maximum
0.42
Discovering the peaks and valleys of Bank of America Corporation Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 37.40%
Maximum Annual Current Ratio = 0.42
Minimum Annual Increase = -23.58%
Minimum Annual Current Ratio = 0.22
| Year | Current Ratio | Change |
|---|---|---|
| 2025 | 0.42 | 36.92% |
| 2024 | 0.30 | 0.89% |
| 2023 | 0.30 | 37.40% |
| 2022 | 0.22 | -23.58% |
| 2021 | 0.29 | -8.53% |
| 2020 | 0.31 | 21.21% |
| 2019 | 0.26 | -6.01% |
| 2018 | 0.28 | -12.89% |
| 2017 | 0.32 | -0.98% |
| 2016 | 0.32 | -6.54% |
The current Current Ratio of Bank of America Corporation (BAC-PE) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
0.34
5-year avg
0.31
10-year avg
0.30
Bank of America Corporation’s Current Ratio is greater than Wells Fargo & Company (0.34), less than HSBC Holdings plc (0.99), less than Royal Bank of Canada (4.42), greater than Citigroup Inc. (0.05), greater than The Toronto-Dominion Bank (0.28), less than Mitsubishi UFJ Financial Group, Inc. (1.81), less than Morgan Stanley (1.61),
| Company | Current Ratio | Market cap |
|---|---|---|
| 0.34 | $251.58B | |
| 0.99 | $326.39B | |
| 4.42 | $281.50B | |
| 0.05 | $244.05B | |
| 0.28 | $201.54B | |
| 1.81 | $237.94B | |
| 1.61 | $352.00B |
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What is the Current Ratio?
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What is Bank of America Corporation's Current Ratio?
How is the Current Ratio calculated for Bank of America Corporation (BAC-PE)?
What is the highest Current Ratio for Bank of America Corporation (BAC-PE)?
What is the 3-year average Current Ratio for Bank of America Corporation (BAC-PE)?
What is the 5-year average Current Ratio for Bank of America Corporation (BAC-PE)?
How does the current Current Ratio for Bank of America Corporation (BAC-PE) compare to its historical average?