Bank of America Corporation (BAC)
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]
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 StatementsAnalyst 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.
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...
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...
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...
4 Stocks Warren Buffett Is Buying (and 7 He's Selling)
Berkshire Hathaway is paring Apple and ordering up Domino's, among other moves.
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...
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...
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...
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...
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...
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.
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...
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 ...
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...
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...
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...
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...
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...
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...
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...
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.
Call of the Day: Oppenheimer raises bank targets
The Investment Committee debate the big bank names.
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...
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...