Bank of America Corporation (BAC)

NYSE: BAC · Real-Time Price · USD
46.06
-0.35 (-0.75%)
At close: Nov 20, 2024, 4:00 PM
45.90
-0.16 (-0.35%)
Pre-market: Nov 21, 2024, 4:19 AM EST
-0.75%
Market Cap 353.41B
Revenue (ttm) 94.63B
Net Income (ttm) 21.94B
Shares Out 7.67B
EPS (ttm) 2.75
PE Ratio 16.77
Forward PE 13.12
Dividend $1.04 (2.26%)
Ex-Dividend Date Dec 6, 2024
Volume 28,001,373
Open 46.57
Previous Close 46.41
Day's Range 45.92 - 46.63
52-Week Range 29.32 - 47.02
Beta 1.32
Analysts Buy
Price Target 44.54 (-3.3%)
Earnings Date Oct 15, 2024

About BAC

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]

Sector Financials
Founded 1784
Employees 213,000
Stock Exchange NYSE
Ticker Symbol BAC
Full Company Profile

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 Statements

Analyst Forecast

According to 22 analysts, the average rating for BAC stock is "Buy." The 12-month stock price forecast is $44.54, which is a decrease of -3.30% from the latest price.

Price Target
$44.54
(-3.30% downside)
Analyst Consensus: Buy
Stock Forecasts

News

BofA Names Ed Siaje President of Detroit

Private Bank market executive for Michigan and Minnesota, will also oversee the bank's efforts to grow market share DETROIT , Nov. 20, 2024 /PRNewswire/ -- Bank of America has named Ed Siaje president...

19 hours ago - PRNewsWire

My Dividend Stock Portfolio: New October Dividend Record - 100 Holdings With 15 Buys

Investment activity in October focused on Business Development Companies, with $1,300 added to the market. Adjusted dividend income in October of $789, up 25% Y/Y and up 11% sequentially. Main picks i...

21 hours ago - Seeking Alpha

Lifting 42% YTD What Next For Bank Of America?

Bank of America's stock (NYSE: BAC) has gained about 42% year-to-date, compared to the 25% rise in the S&P500 index over the same period. Bank of America's peer Wells Fargo (NYSE: WFC) is up by an eve...

1 day ago - Forbes

4 Stocks Warren Buffett Is Buying (and 7 He's Selling)

Berkshire Hathaway is paring Apple and ordering up Domino's, among other moves.

Other symbols: AAPLDPZPOOL
5 days ago - Kiplinger

Bank of America And JPMorgan Chase: Deregulation Tailwinds Ahead

JPM and BAC have benefited from a sharp rally post-election, both outperforming the average financial sector. I will argue JPM and BAC rallies are far from over given the potential deregulation expect...

Other symbols: JPM
5 days ago - Seeking Alpha

100 November Sustainable Dividend Dogs: 50 'Safer' And 2 Ideal Buys

Calvert Research and Management ranked the 100 most sustainable companies based on over 230 ESG indicators, including workplace diversity and greenhouse-gas emissions. Eight of 78 dividend-paying sust...

Other symbols: AGRAWKBALLBBYBENCEGCPB
6 days ago - Seeking Alpha

Bridgewater increased bets on banks before election-driven rally, filing shows

Bridgewater Associates added shares of big banks to its portfolio in the third quarter, securities filings showed, ahead of a rally that followed Donald Trump's victory in the U.S. presidential electi...

Other symbols: BKCGSMSWFC
6 days ago - Reuters

The Boston Athletic Association and Meet Boston Announce $500 Million Economic Impact for the Commonwealth of Massachusetts

Boston Marathon presented by Bank of America Economic Impact Report Released BOSTON , Nov. 14, 2024 /PRNewswire/ -- The Boston Athletic Association (B.A.A.) and Meet Boston today released an independe...

6 days ago - PRNewsWire

Bank of America CEO Brian Moynihan on Trump, the Fed, & regulation

At the Yahoo Finance Invest conference, Bank of America (BAC) Chairman and CEO Brian Moynihan tells Yahoo Finance executive editor Brian Sozzi the banking industry has shown “resiliency” following the...

8 days ago - Yahoo Finance

BofA CEO urges Trump administration to tackle US budget

Bank of America CEO Brian Moynihan said on Tuesday he expected President-elect Donald Trump's incoming administration to tackle the U.S. budget.

8 days ago - Reuters

Important Notice to Former Morgan Stanley, Merrill, And All Other Advisors: Federal Court Upholds ERISA Protections in Deferred Compensation Disputes

All Financial Advisors Who Lost Their Deferred Compensation Should Immediately Contact the Law Firm of KlaymanToskes NEW YORK, NY / ACCESSWIRE / November 12, 2024 / National investment loss and securi...

Other symbols: MS
8 days ago - Accesswire

BofA Art Market Update Anticipates Buying Opportunities for Collectors This Fall

A recalibrating auction market, an increasingly global ecosystem and evolving wealth management strategies present opportunities and challenges NEW YORK , Nov. 12, 2024 /PRNewswire/ -- Newly released ...

8 days ago - PRNewsWire

Vibrantz Technologies CEO D. Michael Wilson to present at Bank of America Securities Leveraged Finance Conference

HOUSTON--(BUSINESS WIRE)--Vibrantz Technologies today announced that D. Michael Wilson, president and CEO, will attend the Bank of America Securities Leveraged Finance Conference in Boca Raton, Florid...

8 days ago - Business Wire

Notice To Customers Of Broker Rajesh Markan Who Suffered Significant Losses

If You Suffered Losses with Rajesh Markan at Merrill Lynch or Hilltop Securities, Contact KlaymanToskes DALLAS, TX / ACCESSWIRE / November 11, 2024 / National investment loss and securities law firm K...

Other symbols: HTH
9 days ago - Accesswire

Bank of America: Bull Rally Strength Continues (Technical Analysis)(Rating Upgrade)

Bank of America has shown strong earnings and revenue growth, driven by trading revenues and investment banking fees, despite weaknesses in net interest income. BAC stock is attractively valued compar...

10 days ago - Seeking Alpha

Bank of America Corporation (BAC) BancAnalysts Association of Boston Conference (Transcript)

Bank of America Corporation (NYSE:BAC) BancAnalysts Association of Boston Conference November 7, 2024 4:35 PM ET Company Participants Holly O'Neill - President of Retail Banking Aron Levine - Preside...

11 days ago - Seeking Alpha

Citi upgrades Bank of America to ‘Buy': can BofA stock keep climbing?

On November 8, 2024, Citi analysts upgraded Bank of America (NYSE: BAC) from Neutral to Buy, setting a new price target of $54, up from $46. This revision, prompted by expectations of a favorable regu...

12 days ago - Invezz

My Top 10 High Dividend Yield Companies For November 2024: 2 Yield More Than 8%

I will highlight 10 high dividend yield companies which, I believe, are worth considering investing in for November 2024. Each company could increase your portfolio's ability to generate dividend inco...

Other symbols: ARCCINGJNJJPMLYBMONNN
13 days ago - Seeking Alpha

Trump Victory Sends Bank Stocks Higher, Leading S&P 500 On Regulatory Hopes

After Donald Trump's decisive win in the 2024 U.S. presidential election, Wall Street reacted strongly, particularly in the financial sector. The Financial Select Sector SPDR Fund XLF rose 4.84%, whil...

Other symbols: CGSJPMMSVFHWFCXLF
14 days ago - Benzinga

Big Banks, Credit Card Shares Jump After Trump Win

Financial stocks rose Wednesday after former President Donald Trump won the 2024 U.S. presidential race over Vice President Kamala Harris.

Other symbols: CCOFDFSGSJPMMSSYF
14 days ago - Investopedia

Bank stocks soar as Trump victory expected to lead to looser regulatory backdrop

Banks have been pushing all year to loosen capital requirements and are also expected to benefit from potential tax cuts.

Other symbols: CCFGCOFDFSGSIATJPM
14 days ago - Market Watch

Bank stocks advance in overnight trading as traders bet on less regulation in a Trump presidency

Citigroup, Bank of America and Wells Fargo advanced in overnight trading on brokerage Robinhood. The move comes as investors bet on Donald Trump's victory in the presidential election.

Other symbols: WFCC
15 days ago - CNBC

Call of the Day: Oppenheimer raises bank targets

The Investment Committee debate the big bank names.

Other symbols: CGSJEFJPMKBEUSBXLF
15 days ago - CNBC Television

Buy 2 October Berkshire DiviDogs And Watch 6 More

This Berkshire/Buffett holdings-list from Kiplinger first-appeared 8/16/24 on BKH's SEC-Form-13F. Kiplinger, and YCharts both track this BRK batch. Here is your update from 10/28/24 YCharts data. 25 o...

Other symbols: ALLYCCVXDEOJEFKHCKO
21 days ago - Seeking Alpha

Bank of America Says CFPB's Zelle Investigation May Lead to Litigation

Bank of America may ask a court to resolve the Consumer Financial Protection Bureau's (CFPB) investigation of the bank's processing of payments through the Zelle network. The bank said in a Tuesday (O...

21 days ago - PYMNTS