Bank of America Corporation (BAC)
| Market Cap | 334.11B |
| Revenue (ttm) | 97.45B |
| Net Income (ttm) | 26.35B |
| Shares Out | 7.53B |
| EPS (ttm) | 3.35 |
| PE Ratio | 13.24 |
| Forward PE | 11.90 |
| Dividend | $1.04 (2.34%) |
| Ex-Dividend Date | Jun 6, 2025 |
| Volume | 30,586,479 |
| Open | 44.60 |
| Previous Close | 44.65 |
| Day's Range | 44.34 - 45.09 |
| 52-Week Range | 33.07 - 48.08 |
| Beta | 1.31 |
| Analysts | Buy |
| Price Target | 46.98 (+5.91%) |
| Earnings Date | Jul 16, 2025 |
About BAC
Bank of America Corporation, through its subsidiaries, provides various financial products and services for individual consumers, small and middle-market businesses, institutional investors, large corporations, and governments worldwide. The company operates through 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, checking accounts, and investment accounts and prod... [Read more]
Financial Performance
In 2024, Bank of America's revenue was $96.07 billion, an increase of 0.29% compared to the previous year's $95.79 billion. Earnings were $25.50 billion, an increase of 2.56%.
Financial StatementsAnalyst Forecast
According to 20 analysts, the average rating for BAC stock is "Buy." The 12-month stock price forecast is $46.98, which is an increase of 5.91% from the latest price.
News
Options Corner: NVDA, BAC, ZBRA
Today's options corner turns to tech and banking when it comes to unusual trades. Rick Ducat turns to a Nvidia (NVDA) where he says "bullish" is an understatement.
Bank of America As A High-Yielding Income Idea
Bank of America's Q1 results were robust, with preferred dividends well covered at less than 6% of net income, enhancing income security. I favor the Series QQ preferred shares (BAC.PR.Q) for their 6....
BofA Report: 60% of Homeowners and Prospective Buyers Uncertain About the Housing Market - A Three-Year High
Despite Uncertainty, Prospective Buyers Are Cautiously Optimistic About Market Improvements CHARLOTTE, N.C. , May 28, 2025 /PRNewswire/ -- Uncertainty among current homeowners and prospective buyers i...
Buffett's May DiviDogs Tag Ally As A "Safer" Buy
Berkshire Hathaway's latest moves include doubling down on Constellation Brands and increasing stakes in Domino's Pizza, Pool, and Sirius XM, while dropping Citigroup, DaVita, and Nu Holdings. Top Ber...
Bank of America Announces Redemption of CHF 375 Million of 0.2525% Senior Notes, Due June 12, 2026
CHARLOTTE, N.C. , May 23, 2025 /PRNewswire/ -- Bank of America Corporation announced today that it will redeem on June 12, 2025 all CHF 375,000,000 principal amount outstanding of its 0.2525% Senior N...
JPMorgan, Bank Of America, And Other Banking Titans Discussing Joint Stablecoin To Tackle Crypto Competition: Report
Top U.S. banks are contemplating a joint venture to issue a dollar-pegged stablecoin in an attempt to counter the increasing competition from the cryptocurrency sector, according to a report dated Thu...
Some US banks explore venturing into crypto with joint stablecoin, WSJ reports
Some of the biggest U.S. banks are exploring whether to team up to issue a joint stablecoin, The Wall Street Journal reported on Thursday.
Big Banks Explore Venturing Into Crypto World Together With Joint Stablecoin
The discussions involve payments companies co-owned by JPMorgan Chase, other large banks.
Bank Of America Sees Mixed Signals In Leisure Sector, Highlights Strength In Premium Travel And Cruise Stability
Bank of America Securities offered a cross-sector analysis of the leisure consumer space on Thursday, outlining recent performance trends across several key segments.
I Sold These Big Bank Stocks Hand Over Fist
The banking sector is facing headwinds and the big bank stock prices are stretched. While the big banks might get reserve requirement relief, that might weaken them by thinning their financial cushion...
Forget About Dividend Yield, Do This Instead
Focus on dividend sustainability and business quality, not just high yield, to build reliable passive income. Avoid overexposure to cyclical sectors; prioritize companies with resilient dividends thro...
QR Sign-Ins Surge 60% on BofA's CashPro® Platform
Convenience, Security and Integration with Biometrics Drive Growth in Adoption of QR Sign-In Technology NEW YORK and LONDON and HONG KONG , May 20, 2025 /PRNewswire/ -- Every day, thousands of CFOs an...
Bank of America: QR Sign-Ins by Business Clients Increased 60%
QR code technology is an increasingly popular sign-in method among Bank of America's corporate and commercial clients. The number of business clients using QR sign-in to access the bank's digital bank...
Moody's downgrades JPM, BofA and Wells Fargo after US credit rating cut
Moody's on Monday downgraded the long-term ratings of top American lenders such as JPMorgan Chase , Bank of America and Wells Fargo , after pushing the U.S. out of top triple-A rating club over its bu...
Wells Fargo and Other US Banks Get Ratings Cut by Moody's. Why Their Stocks Aren't Getting Crushed.
The credit downgrades follows its decision to remove the AAA rating from te United States.
Bank Of America: A Shift In Options On The Preferred Shares
Bank of America's fixed-rate Series PP preferred shares offer the highest capital appreciation potential, trading at a 34% discount to par with a 6.2% yield. Recent financials show net interest margin...
U.S. Banks Hoard Cash Amid Slow Loan Growth In Q1
Bigger US bank balance sheets did not translate to strong loan growth in the first quarter as the industry took a cautious approach to deploying fresh assets. Total assets on an aggregate basis for US...
How JPMorgan, Bank of America are cashing in on China Inc. — despite pressure from US lawmakers
The banks are planning to remain on the underwriting team, setting up a nasty confrontation with the committee as CATL begins to sell stock to the public.
BofA Boosts Cash Back for New Cash Rewards Credit Cardholders
Coming June 1, New Customized Cash Rewards Cardholders Will Earn 6% Cash Back and New Unlimited Cash Rewards Cardholders Will Earn 2% Cash Back on All Purchases for the First 12 Months CHARLOTTE, N.C....
Berkshire Hathaway pares back bank positions in Q1
CNBC's Leslie Picker reports on Berkshire Hathaway's latest moves.
Warren Buffett's Berkshire Hathaway dumps Citigroup stake, trims Bank of America, Capital One
Berkshire Hathaway Inc. slashed its exposure to big-bank shares in the first quarter.
BofA Names Paul Keifer President of Grand Rapids
Corporate Social Responsibility Operations and Strategic Partnerships executive will also oversee the bank's efforts to grow market share GRAND RAPIDS, Mich. , May 15, 2025 /PRNewswire/ -- Bank of Ame...
More Than 50,000 Young Golfers Join BofA's 'Golf with Us' - Next 25,000 Spots Now Open
In response to extraordinary demand, bank commits to expanding program to reach even more kids nationwide CHARLOTTE, N.C. and MONTEREY, Calif.