Bank of America Corporation (BAC)
| Market Cap | 282.82B |
| Revenue (ttm) | 97.45B |
| Net Income (ttm) | 26.35B |
| Shares Out | 7.56B |
| EPS (ttm) | 3.35 |
| PE Ratio | 11.17 |
| Forward PE | 10.02 |
| Dividend | $1.04 (2.78%) |
| Ex-Dividend Date | Mar 7, 2025 |
| Volume | 47,138,208 |
| Open | 37.53 |
| Previous Close | 37.33 |
| Day's Range | 37.25 - 37.86 |
| 52-Week Range | 33.07 - 48.08 |
| Beta | 1.25 |
| Analysts | Buy |
| Price Target | 46.98 (+25.53%) |
| Earnings Date | Apr 15, 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 21 analysts, the average rating for BAC stock is "Buy." The 12-month stock price forecast is $46.98, which is an increase of 25.53% from the latest price.
News
Bank of America: Wall Street Seems Afraid To Tell It Like It Is (Sell Rating)
Great earnings reported with very strong KPIs, indicating robust financial health and growth potential. The stock shows a good P/E ratio and reasonable ROE, but these have not produced much total retu...
JPMorgan and BofA should stop work on IPO for China's CATL, lawmaker says
JPMorgan Chase & Co and Bank of America should withdraw from working on the initial public offering of Chinese electric vehicle battery giant CATL , a Republican lawmaker said on Thursday.
My Dividend Stock Portfolio: New All-Time Dividend Record In March - 100 Holdings With 15 Buys
March investments totaled around $1,200, mainly in BDCs like Blue Owl Capital and Ares Capital, boosting annual dividend income by $100. Dividend income hit a new all-time record of $1,404, up 17% Y/Y...
Wall Street trading desks are feasting on the volatility from Trump's global upheavals
Wall Street banks just posted their biggest-ever haul from stock trading as the opening months of President Donald Trump's tenure led to upheavals across asset classes. Goldman Sachs, Morgan Stanley, ...
Wall Street's 12 favorite stocks could soar as much as 54%, analysts say
The day-to-day volatility for the S&P 500 settled down on Monday and Tuesday. But two-thirds of stocks in the U.S. large-cap benchmark index have declined this year, with 220 of the 500 stocks down at...
I thought banks would benefit from deregulation under Trump, but we haven't seen it, says Jim Cramer
'Mad Money' host Jim Cramer on deregulation under a second Trump presidency.
Big bank earnings: One analyst's key takeaways
Bank of America (BAC) and Citi (C) beat expectations with strong first quarter results, boosting investor confidence and lifting both stocks. RBC Capital Markets bank analyst Gerard Cassidy joins Mark...
Disney and BAC could soon form a death cross: here's why you shouldn't sell both
US stocks have reclaimed some of the lost ground in recent sessions after President Trump agreed to a 90-day pause on almost all of his reciprocal tariffs, except those on China.
Bank CEOs avoid criticism of tariff policies — but agree clients want clarity
The big U.S. banks refrained from any sharp attacks on the tariff policies that have caused trillions of dollar of losses in the stock market in recent weeks, saying they see little sign of a recessio...
Bank of America Corporation (BAC) Q1 2025 Earnings Call Transcript
Bank of America Corporation (NYSE:BAC) Q1 2025 Earnings Conference Call April 15, 2025 8:30 AM ET Company Participants Lee McIntyre - Investor Relations Brian Moynihan - Chair, Chief Executive Office...
Wall Street Lunch: Banks Liking These Market Swings
Banks like Goldman Sachs, Bank of America, and Citigroup are thriving amid market volatility, with strong trading and equity sales driving impressive earnings. Johnson & Johnson shows resilience, whil...
Bank of America CEO: ‘Consumers are Still Solidly in the Game'
Consumers are still spending, Bank of America's earnings showed Tuesday (April 15), despite the volatility of what CEO Brian Moynihan termed a “changing economy.” The supplementals revealed that cre...
Big Bank Earnings, GM Trends Down, Boeing and the Trade War
- Bank of America (BAC) is higher this morning after it reported strong earnings with big bank earnings wrapping up this week. Chairman and CEO Brian Moynihan also said that the bank will have to pote...
The Economy Is on Solid Footing Despite Tariff Turmoil, Bank of America CEO Says
Risks are mounting, but the economy is still in a good place, according to Bank of America CEO Brian Moynihan.
Citi, Bank of America post higher profits as traders cash in on tariff turmoil
The banks reaped the benefits of investors adjusting their portfolios after being spooked about a possible return to protectionist trade policies, following a similar trend at JPMorgan and Goldman Sac...
Big Banks Alarmed After Their Regulator Gets Hacked
JPMorgan and others have paused some electronic information-sharing with the OCC.
Bank of America CEO Brian Moynihan: Tariffs, trade haven't impacted our results in the near-term
Brian Moynihan, Bank of American CEO and chair, joins CNBC's 'Squawk on the Street' to discuss the bank's most recent quarter, how the bank is poised to withstand stress, economic signals he's paying ...
Dow Jones and S&P500: HPE and Bank of America Fuel Early Gains Across US Stocks
Strong bank earnings and HPE's activist stake fuel early US stock market gains, lifting the Dow and S&P 500 in Tuesday's session.
How Wall Street banks cashed in on Trump's tariff turbulence as market volatility boosted equity trading revenues
While US President Donald Trump's renewed tariff campaign has rattled markets and tested corporate nerves, Wall Street banks are reaping the rewards. Major US lenders have reported robust earnings for...
Stock Of The Day – Here's Where Bank Of America's Rally May End
Shares of Bank of America Corporation BAC continue to move ahead. The company posted earnings of 90 cents per share, ahead of the 81 cents analysts were looking for.
BofA Stock Traders Post a Record Quarter of Revenue
Bank of America's revenue from equity trading rose 17% to $2.18 billion in the first three months of the year as stock traders posted a record quarter. Sonali Basak reports on Bloomberg Television.
Nasdaq Surges 100 Points; Bank of America Earnings Top Views
U.S. stocks traded higher this morning, with the Nasdaq Composite gaining around 100 points on Tuesday.
Big Banks Continue to Shine in BAC & C Earnings
Jenny Horne takes a closer look at the latest bank earnings in Bank of America (BAC) and Citigroup (C). She points to both companies' profits and macro optimism despite continued tariff uncertainty.