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OFX vs Bank of America Which Is Stronger?

OFX and Bank of America are two key players in the financial industry, with both companies offering various products and services to their customers. While Bank of America is a well-established traditional banking institution, OFX is a relatively newer player in the field of online money transfer and currency exchange services. Investors looking to compare the two stocks will need to consider factors such as market performance, business models, and potential for growth in order to make an informed decision.

OFX

Bank of America

Stock Price
Day LowA$1.40
Day HighA$1.45
Year LowA$1.20
Year HighA$2.39
Yearly Change99.17%
Revenue
Revenue Per ShareA$1.02
5 Year Revenue Growth0.87%
10 Year Revenue Growth2.85%
Profit
Gross Profit Margin0.90%
Operating Profit Margin0.22%
Net Profit Margin1.09%
Stock Price
Day Low$46.40
Day High$47.06
Year Low$30.45
Year High$48.08
Yearly Change57.90%
Revenue
Revenue Per Share$12.10
5 Year Revenue Growth0.41%
10 Year Revenue Growth0.57%
Profit
Gross Profit Margin0.12%
Operating Profit Margin0.39%
Net Profit Margin0.25%

OFX

Bank of America

Financial Ratios
P/E ratio1.30
PEG ratio0.01
P/B ratio2.02
ROE159.80%
Payout ratio0.00%
Current ratio1.18
Quick ratio1.20
Cash ratio0.19
Dividend
Dividend Yield-%
5 Year Dividend Yield0.00%
10 Year Dividend Yield0.00%
OFX Dividend History
Financial Ratios
P/E ratio15.48
PEG ratio7.07
P/B ratio1.23
ROE8.03%
Payout ratio40.07%
Current ratio6.24
Quick ratio6.24
Cash ratio6.24
Dividend
Dividend Yield2.14%
5 Year Dividend Yield11.24%
10 Year Dividend Yield36.83%
Bank of America Dividend History

OFX or Bank of America?

When comparing OFX and Bank of America, different investors may prioritize various metrics based on their investment strategies and goals. So, ask yourself what type of investor you are. This will guide you in determining which metrics are most important for your investment decision between OFX and Bank of America.

Dividend Investors:

Dividend investors look for stable and growing income streams, using dividend metrics to assess potential investments. A company's dividend yield essentially measures the size of its dividend relative to the total market value of the company. OFX has a dividend yield of -%, while Bank of America has a dividend yield of 2.14%. Beyond the yield itself, considering the growth and sustainability of these dividends is also crucial. OFX reports a 5-year dividend growth of 0.00% year and a payout ratio of 0.00%. On the other hand, Bank of America reports a 5-year dividend growth of 11.24% year and a payout ratio of 40.07%.

Value Investors:

Value investors focus on financial metrics to determine a stock's intrinsic value compared to its market value. The Price-to-Earnings (P/E) Ratio links stock price to a company's earnings per share, with OFX P/E ratio at 1.30 and Bank of America's P/E ratio at 15.48. Another crucial valuation metric is the Price-to-Book (P/B) Ratio, which compares stock price with book value per share. OFX P/B ratio is 2.02 while Bank of America's P/B ratio is 1.23.

Growth Investors:

Growth investors prioritize metrics indicative of a company's expansion potential. Focusing on top-line growth, OFX has seen a 5-year revenue growth of 0.87%, while Bank of America's is 0.41%. Return on Equity (ROE) measures how effectively a company uses equity investment to generate earnings, with OFX's ROE at 159.80% and Bank of America's ROE at 8.03%.

Retail Investors:

Retail investors often consider stock affordability and company familiarity. For example, day low prices are A$1.40 for OFX and $46.40 for Bank of America. Over the past year, OFX's prices ranged from A$1.20 to A$2.39, with a yearly change of 99.17%. Bank of America's prices fluctuated between $30.45 and $48.08, with a yearly change of 57.90%. Brand recognition also plays a role, as familiarity with a company can influence investment decisions.

Comparision