Since December 31st, 2008, Bank of America Corp's enterprise value to revenue (ev/rev) has decreased from 5.39 to 1.53 at February 28th, 2023.
Bank of America Corp's enterprise value to revenue (ev/rev) as of February 28th, 2023 of 1.53 was lower than its peers in the Money Center Banks industry group of August 31st, 2023 of 3.97. From December 31st, 2008 to February 28th, 2023, Bank of America Corp's average enterprise value to revenue (ev/rev) was 1.66 compared to an industry average of 4.63.
Bank of America Corp. is a bank and financial holding company, which engages in the provision of banking and nonbank financial services. It operates through the following segments: Consumer Banking, Global Wealth and Investment Management, Global Banking, Global Markets, and Legacy Assets and Servicing. The Consumer Banking segment offers credit, banking, and investment products and services to consumers and small businesses. The Global Wealth and Investment Management provides client experience through a network of financial advisors focused on to meet their needs through a full set of investment management, brokerage, banking, and retirement products. The Global Banking segment deals with lending-related products and services, integrated working capital management and treasury solutions to clients, and underwriting and advisory services. The Global Markets segment includes sales and trading services, as well as research, to institutional clients across fixed-income, credit, currency, commodity, and equity businesses. The Legacy Assets and Servicing segment concerns mortgage servicing activities related to residential first mortgage and home equity loans serviced for others and loans held by the corporation. The company was founded by Amadeo Peter Giannini in 1904 is headquartered in Charlotte, NC.
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