Bank of America Corporation (ETR: NCB)
Market Cap | 325.35B |
Revenue (ttm) | 84.84B |
Net Income (ttm) | 19.67B |
Shares Out | n/a |
EPS (ttm) | 2.46 |
PE Ratio | 16.54 |
Forward PE | n/a |
Dividend | 0.92 (2.19%) |
Ex-Dividend Date | Dec 6, 2024 |
Volume | 2,627 |
Open | 41.79 |
Previous Close | 42.18 |
Day's Range | 41.21 - 41.79 |
52-Week Range | 28.82 - 45.54 |
Beta | 1.34 |
Analysts | n/a |
Price Target | n/a |
Earnings Date | Jan 16, 2025 |
About Bank of America
Bank of America Corporation, through its subsidiaries, provides banking and financial products and services for individual consumers, small and middle-market businesses, institutional investors, large corporations, and governments worldwide. It operates in four segments: Consumer Banking, Global Wealth & Investment Management (GWIM), Global Banking, and Global Markets. The Consumer Banking segment offers traditional and money market savings accounts, certificates of deposit and IRAs, non-interest and interest-bearing checking accounts, and inve... [Read more]
Financial Performance
In 2023, Bank of America's revenue was $95.79 billion, an increase of 3.66% compared to the previous year's $92.41 billion. Earnings were $24.87 billion, a decrease of -4.42%.
Financial numbers in USD Financial StatementsNews
JPMorgan, Wells Fargo, BofA facing federal lawsuit over Zelle payment network fraud
A federal regulator sued JPMorgan Chase, Wells Fargo and Bank of America on Friday, claiming the banks failed to protect hundreds of thousands of consumers from rampant fraud on the popular payments n...
CFPB targets Big Banks in lawsuit over alleged fraud on Zelle
The Consumer Financial Protection Bureau (CFPB) has launched a lawsuit against major banks JPMorgan Chase (JPM), Bank of America (BAC), and Wells Fargo (WFC), along with Zelle's operator Early Warning...
US consumer watchdog sues banks over alleged ‘widespread' fraud on Zelle
Lawsuit is part of CFPB's aggressive agenda in reported bid to advance protections before Trump overhauls agency
CFPB Sues Zelle and 3 Owner Banks, Alleging Insufficient Safeguards
The Consumer Financial Protection Bureau sued Zelle operator Early Warning Services and three of its owner banks — Bank of America, J.P. Morgan Chase and Wells Fargo — alleging that they failed to pro...
U.S. Regulators Sue JPMorgan Chase, Bank Of America And Wells Fargo Over Alleged Fraud On Zelle
Financial regulators on Friday filed a lawsuit against JPMorgan Chase, Bank of America, Wells Fargo and Zelle's parent firm, accusing the companies of failing to protect consumers from “widespread fra...
Citi, Bank of America, Goldman offer strong prospects for 2025, analyst says
KBW praises Citi's value, Goldman's revenue upside and Bank of America's expected net interest income growth.
CFPB sues JPMorgan Chase, Bank of America and Wells Fargo over Zelle payment fraud
The Consumer Financial Protection Bureau on Friday sued the operator of the Zelle payments network and the three U.S. banks that dominant transactions on it. The agency alleges that the firms failed t...
ETF Market Sets Records In 2024 As Inflows Reach $1.6 Trillion: 7 Funds Leading Charge
Exchange-traded funds are rewriting the financial playbook, with 2024 marking a historic year for the industry. From record-breaking flows to innovative fund launches, Bank of America detailed $1.6 tr...
Tech giants, Wall Street, and corporate elite are pouring millions into to Donald Trump’s inauguration
The president-elect’s inaugural fund donors range from CEOs like Sam Altman and Ken Griffin, to Meta, Amazon, Bank of America and Goldman Sachs.
Why money’s flowed into Bank of America bonds — and how a Fed pause in rate cuts may help financial firms
The Federal Reserve’s expected interest-rate cut Wednesday is seen as a potential boost for the banking sector, as corporate bond investors weigh prospects for the U.S.‘s money-center banks.
My Dividend Stock Portfolio: New November Dividend Record - 97 Holdings With 18 Buys
In November, I invested $1,400 primarily in Business Development Companies, boosting my yearly dividend income by $148, with a YTD total exceeding $1,400. My portfolio achieved all-time highs, driven ...
ForexLive Asia-Pacific FX news wrap: AUD to its lowest in a year, NZD lowest in two years
China's bond market is screaming the “D” word. “D” as in depression. US dollar reaction on Fed hints at slowing the pace of interest-rate cuts may be muted Australia regulator pursuing Binance Austral...
Bank of America's latest global fund manager survey - super bullish sentiment
Bank of America's latest global fund manager survey finds that investor sentiment is "super-bullish" in December, reflecting a surge in optimism about economic growth and financial markets. The survey...
BofA's Moynihan on Consumer Spending, Fed, Regulation
Bank of America Chairman and CEO Brian Moynihan talks about consumer spending, the need for the Federal Reserve to cut interest rates "a little," and how regulators need to take a closer look at the r...
BofA’s Moynihan Says Regulators Need ‘Sober Look’ at Bank Rules
Bank of America Corp. Chief Executive Officer Brian Moynihan said regulators need to re-assess and relax rules they set for banks in what could be the biggest change for the industry under a Trump adm...
Berkshire Hathaway For Dividend Investors: My Favorite Buffett Dividend Stock
Warren Buffett's Berkshire Hathaway doesn't pay dividends because Buffett believes his team allocates capital better than individual investors could. Dividend investors seek reliable cash flows for re...
Bank of America CEO on the consumer
Bank of America CEO Brian Moynihan on Tuesday discussed the state of the economy and consumer.
Bank of America CEO Brian Moynihan on the economy, President-elect Trump and regulatory outlook
Bank of America CEO Brian Moynihan joins 'Squawk Box' to discuss the latest market trends, what to expect in 2025, his thoughts on the incoming Trump administration, M&A and regulatory outlook, impact...
We're back to the 'cash is trash' era and that's a warning sign
Bank of America is out with its latest fund manager survey and it's littered with red flags about a crowded stock market, particularly in US equities. This chart might stand out the most as it indicat...
Bank of America CEO Brian Moynihan on the economy, President-elect Trump and regulatory outlook
Bank of America CEO Brian Moynihan joins 'Squawk Box' to discuss the latest market trends, what to expect in 2025, his thoughts on the incoming Trump administration, M&A and regulatory outlook, impact...
Expect to see a significant increase in activist activity in 2025, says BofA's Amy Lissauer
Amy Lissauer, Bank of America head of activism, joins 'Squawk Box' to discuss the activism and M&A environment, what to expect in 2025, how boards can prepare for activist investors, and more.
Bank of America Wraps Up $1 Billion Debt Swap for Ecuador
Bank of America Corp. has completed a $1 billion deal to refinance part of Ecuador’s debt and help fund the protection of forests, rivers, lakes and wetlands in the Amazon.
Bank of America Declares Preferred Stock Dividends for First Quarter 2025
CHARLOTTE, N.C. , Dec. 16, 2024 /PRNewswire/ -- Bank of America Corporation today announced the Board of Directors has authorized regular cash dividends on the outstanding shares or depositary shares ...
China ramps up talk on consumer subsidies
There is one thing that everyone can agree on: China is cheap, at least the stock market is. But it's cheap for a reason, economic growth is struggling and the market has lost faith in Beijing to offe...
Bank of America credit card net charge-off rate advance in November
Bank of America's credit card metrics showed mixed results in November, with net charge-offs rising and delinquencies stable.