Customer center

We are a boutique essay service, not a mass production custom writing factory. Let us create a perfect paper for you today!

Example research essay topic: Earnings Per Share Taking Into Account - 769 words

NOTE: Free essay sample provided on this page should be used for references or sample purposes only. The sample essay is available to anyone, so any direct quoting without mentioning the source will be considered plagiarism by schools, colleges and universities that use plagiarism detection software. To get a completely brand-new, plagiarism-free essay, please use our essay writing service.
One click instant price quote

Do you think one should buy shares in your bank as part of your own investment portfolio? Bank of America is the bank I use. Lets have a look at it not from the point of view of a customer, but from the point of view of a potential investor. First of all, lets examine its activity. Bank of America is one of the largest financial institutions all over the world that renders services to individual clients, small and middle market companies as well as large corporations. It provides with a range of services such as banking, asset management, investing, and other financial and risk-management products.

Investors Fact Book dated August 2006 provides us with important information about financial activity and banks position in the market. For example, it claims that Bank of America occupies the second position ($ 10, 461) in Top 10 U. S. Banking companies by YTD earnings $ in millions. What concerns Top 10 U.

S. Banking companies (in equity @ 6 / 30 / 2006) it occupies the first place with its $ 127, 841. It has the second place in Top 10 U. S. Banking companies (in assets @ 6 / 30 / 2006) with $ 1, 445 and the second place in market capitalization @ 6 / 30 / 2006 with its $ 218 billion. Bank of America can be considered a perfect opportunity for investors because the bank has a high stock market value.

It has faster earning growth compared to many other banks. Besides, Bank of America pays a higher dividend yield than many other competitors. For example, if to compare Bank of America with Citigroup, taking into account earnings growth, the net income of Bank of America has grown an average of 17 % over the last five years seven percentage points faster than Citigroup's 10 % (Peter, 2006). Comparing the dividend yield, the dividend yield of Bank of America of 4. 11 % is 21 basis points (100 basis points = 1 %) greater than Citigroup's 3. 90 % (Peter, 2006). Since July 26, 2006, the Bank of America Board of Directors increased the quarterly cash dividend paid on common stock by 12 percent from $ 0. 50 to $ 0. 56 per share.

The details can be easily seen at tables 3, 4 and 5. For example, Table 3 shows us that diluted earnings per share have grown from $ 1. 98 % in 1998 to $ 4. 11 in 2005. Table 4 explains that dividends per share and payout ratio also increased (dividends per share of $ 0. 80 in 1998 compared to $ 1. 90 in 2005; payout ratio of 39. 9 % in 1998 compared to 46. 6 % in 2005). What concerns its financial activity we can easily see (fm. Table 1) that Bank of Americas net interest income reached $ 17, 406 (2006) compared to $ 15, 142 (2005).

Total revenue for 2006 is 35, 905 compared to 28, 130 in 2005. Bank of America also derived much benefit from various acquisitions (i. e. Fleet Boston Financial in 2004, credit card issuer MBNA Corporation in January, and many others). According to information from Bank of Americas website, mean future 5 year growth rate (the rate that equals the average projected growth rate for corporate earnings per share) is 9 (Earning estimates, 2007).

Mean recommendation is 2. 3. According to Earning Estimates, mean recommendation is the average rating on a stock by the analyst community and is rated on a 1 to 5 scale, where 1 is equivalent to a buy rating, 3 a hold rating, and 5 a sell rating. Wikipedia Web site claims that Global Wealth and Investment Management is among the 10 largest U. S.

wealth managers (ranked by private banking assets under management in accounts of $ 1 million or more as of June 30, 2005). It has five primary lines of businesses such as Premier Banking & Investments (including Banc of America Investment Services, Inc. ), The Private Bank, Family Wealth Advisors, Columbia Management, and Banc of America Specialist. Taking into account all information and financials, we come to conclusion that Bank of America is worth owning shares in. Bibliography Earning Estimates. (2007, January 6). Retrieved January 6, 2007, from Bank of America: web Investor Fact Book First half 2006. (n. d. ).

Retrieved January 6, 2007, from web Overview. (2007, January 6). Retrieved January 6, 2007, from Bank of America: web Peter, C. (2006, November 29). Bank of America overtakes Citigroup. Retrieved January 6, 2007, from Blogging Stocks: web Table 2 Table 3 Table 4 Table 5


Free research essays on topics related to: payout ratio, taking into account, second place, earnings per share, growth rate

Research essay sample on Earnings Per Share Taking Into Account

Writing service prices per page

  • $18.85 - in 14 days
  • $19.95 - in 3 days
  • $23.95 - within 48 hours
  • $26.95 - within 24 hours
  • $29.95 - within 12 hours
  • $34.95 - within 6 hours
  • $39.95 - within 3 hours
  • Calculate total price

Our guarantee

  • 100% money back guarantee
  • plagiarism-free authentic works
  • completely confidential service
  • timely revisions until completely satisfied
  • 24/7 customer support
  • payments protected by PayPal

Secure payment

With EssayChief you get

  • Strict plagiarism detection regulations
  • 300+ words per page
  • Times New Roman font 12 pts, double-spaced
  • FREE abstract, outline, bibliography
  • Money back guarantee for missed deadline
  • Round-the-clock customer support
  • Complete anonymity of all our clients
  • Custom essays
  • Writing service

EssayChief can handle your

  • essays, term papers
  • book and movie reports
  • Power Point presentations
  • annotated bibliographies
  • theses, dissertations
  • exam preparations
  • editing and proofreading of your texts
  • academic ghostwriting of any kind

Free essay samples

Browse essays by topic:

Stay with EssayChief! We offer 10% discount to all our return customers. Once you place your order you will receive an email with the password. You can use this password for unlimited period and you can share it with your friends!

Academic ghostwriting

About us

© 2002-2024 EssayChief.com