One of the many reasons that BAC is a great deal is there Book Value .
Should the company decide to dissolve, the book value per common indicates the dollar value remaining for common shareholders after all assets are liquidated and all debtors are paid.
In simple terms it would be the amount of money that a holder of a common share would get
BAC has a Book Value of 21.91
So at its curent price of $15.58 its a great deal.