B
Bank of America, National Association
Charlotte, NC
Data as of
June 30, 2021
Risk Based
Capital Ratio
14.51
Leverage
Ratio
7.51
Return On
Assets
1.09%
Total
Assets
2.35T
Capital
225.30B
Total
Deposits
1.87T
Net
Income
12.42B
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Major Rating Factors: A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to an Excellent overall stability index (7.9 on a scale of 0 to 10). A current level of 4.3 percent of nonperforming loans to core capital combined with 3.5 percent from a year earlier contributes to the Good asset quality (6.4).
Other Rating Factors: Excellent liquidity 7.5, driven by a liquidity ratio of 56.2 percent and a “hot money” ratio of 1.3 percent. Operating profits as a percentage of assets at 1.4%, coupled with a return on assets of 1.1 has resulted in Good (5.7) profitability.
Asset Mix: Securities (38%), comm loans (12%), cash (10%), home mtgs (9%), consumer loans (6%), comm re (2%), home eq lns (1%), other (21%)
States with Branches: AR, AZ, CA, CO, CT, DC, DE, FL, GA, IA, ID, IL, IN, KS, KY, MA, MD, ME, MI, MN, MO, NC, NH, NJ, NM, NV, NY, OH, OK, OR, PA, RI, SC, TN, TX, UT, VA, WA
Asset Quality
Non-Performing Loans to Capital
4.29%
Non-Performing Assets to Assets
0.40%
Non-Performing Loans to Loans
1.00%
Loan Loss Reserves to Loans
1.53%
Charge-Offs to Average Loans
0.31%
5-Year Charge-Offs to Average Loans
0.41%
5-Year Asset Growth
7.56%
1-Year Asset Growth
8.73%
Profitability
Operating Profit to Average Assets
1.36%
Return on Equity
11.23%
Net Interest Spread
1.93%
5-Year ROAA (Return on Average Assets)
1.25%
Overhead Efficiency Ratio
62.95%
Liquidity
Liquidity Ratio
56.20%
Hot Money
1.26%
Corporate Info
Group Affiliation
Bank of America Corporation
Investment Rating
Address
100 North Tryon Street
Charlotte, NC 28202
Phone Number
(704) 386-5681
Year Founded
1904
FDIC Number
Largest Affiliates
Weiss Ratings