Question

What was EBITA for Bank of America (BAC) for the year ending 2019?

What was EBITA for Bank of America (BAC) for the year ending 2019?

Homework Answers

Answer #1

calculated as enterprise value divided by its EBITDA. As of today, Bank of America's enterprise value is $328,439 Mil. Bank of America's EBITDA for the trailing twelve months (TTM) ended in Dec. 2019 was $0 Mil. Therefore, Bank of America's EV-to-EBITDA for today is .

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.

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