Analysts expect revenue increase Bank of America

Next monday the American Bank of America will present her results over the past quarter. For this year the consensus of the revenue equals 82,86 billion dollars. This is slightly more than the revenue over 2015 of 82,51 billion dollars.

Historical revenues and results Bank of America plus taxations 2016

Bank of america bank 2016

The analysts foresee for 2016 a net profit of 14,3 billion dollars. For the current year the consensus of the result per share is a profit of 1,33 dollars. Based on this the price/earnings-ratio equals 11,9.

The consensus of the dividend per share is at 0,25 cents. The dividend return consequently equals 1,58 percent. On average the bank yields a rather high dividend return of around a rather high percent.

Most recent target prices around 19 dollars

The stock Bank of America is being covered by 6 fundamental analysts. The average target price for the stock is at 18,5 dollars. This is around 18 percent more than the current stock price of 15,83 dollars. The three most recent recommendations for American were provided by Jefferies & Co. (buy, 19,00 dollars), Oppenheimer & Co (buy, 19,00 dollars) and Barclays (hold, 19,00 dollars).

Based on the number of outstanding shares Bank of America 's market capitalization equals 164,32 billion dollars.

The stock closed last Thursday at 15,83 dollars. News Wire & Equity Research: +31 084-0032-842

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