Current ratio: According to the latest financial report, Bank of America$$s current ratio is $0\mathrm{.}78,$ which indicates its ability to cover short$-$term liabilities.

Working capital: The company has negative working capital of approximately $-$$$350$ billion, typical for large financial institutions.

Return on Equity $($ROE$)$: Around $11\%,$ reflecting strong profitability relative to shareholder equity.

Book value: The book value per share is about $$30\mathrm{.}50.$

Return on Assets $($ROA$)$: $0\mathrm{.}95\%,$ showing the bank's efficient use of its assets to generate profit.

Latest News:

Bank of America recently raised its U$.$S$.$ minimum hourly wage to $$24,$ demonstrating its commitment to enhancing employee compensation. This wage increase is part of its larger strategy for responsible growth and employee well$-$being.

Market Cap $($as of $9/18/2024)$: Approximately $$315$ billion. We'll track how this moves over time.