Category Archives: Equity Analysis

Bank of America includes three major business divisions: Consumers, Corporate and Investment Management. The first division, Global Consumer and Small Business Banking (GC&SBB) is the largest one in the company, and deals primarily with consumer banking and credit card issuance.

BAC released its 4Q2011 8K on 01/19 and closed out the stormy 2011 year with better-than-expected revenue and meet-expectation EPS in the last one quarter. Share prices increased 2.35% on 01/19 and 1.58% on the second day.

BAC 2011 4th Quarter earnings report is scheduled to be at 7:00am ET on 01/19/2012.  Many people are looking forward to seeing whether the earnings will be short of expectation like citi or jump 20% like WFC today.

See the development of foreclosure settlement between BAC and attorney generals,

Currently there are a lot of negative news and things about BAC and all banks in general. We are wondering what are the famed value investors’ takes on BAC:

Let us exercise some valuations of stock,  By using Ben Graham formula, In the book “The Intelligent Investor”, Benjamin Graham gives a formula to value intrinsic value of stocks. He disregarded complicated calculations and kept his formula simple. The original … Continue reading →

Is the current market cheap or expensive? Let us use two stage growth Discount Cash Flow (DCF) model to calculate the intrinsic value of SP500 in order to answer this question.

Are financial stocks dying or reviving? Financial stocks (e.g. BAC, WFC, JPM) are down double digits this year, it is the industry sector with the biggest drop. There is so much distaste for financial stocks in Market sentiment nowadays. So … Continue reading →

I stumbled into Robotdough from recommendation of one value investment blog last year.  Since then I fell in love with it. It is probably be the best freestyle formula based stock screener so far! Most other screeners like those from yahoo, msn … Continue reading →