Bank of America Corporation (BAC)
| Market Cap | 278.79B |
| Revenue (ttm) | 96.07B |
| Net Income (ttm) | 25.50B |
| Shares Out | 7.60B |
| EPS (ttm) | 3.21 |
| PE Ratio | 11.42 |
| Forward PE | 10.11 |
| Dividend | $1.02 (2.78%) |
| Ex-Dividend Date | Mar 7, 2025 |
| Volume | 40,547,612 |
| Open | 36.40 |
| Previous Close | 35.95 |
| Day's Range | 36.27 - 36.99 |
| 52-Week Range | 33.07 - 48.08 |
| Beta | 1.25 |
| Analysts | Buy |
| Price Target | 48.13 (+31.25%) |
| 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 20 analysts, the average rating for BAC stock is "Buy." The 12-month stock price forecast is $48.13, which is an increase of 31.25% from the latest price.
News
Bank of America to Pay $540.3 Million After Ruling in FDIC Lawsuit
Bank of America will reportedly pay $540.3 million following a judge's ruling in a lawsuit in which the Federal Deposit Insurance Corp. (FDIC) accused the bank of paying less than it owed for deposit ...
Judge orders Bank of America to pay $540 million in FDIC lawsuit
A federal judge ordered Bank of America to pay $540.3 million in a long-running lawsuit by the Federal Deposit Insurance Corp, which accused the bank of underpaying assessments to a federal deposit in...
JP Morgan Is A Quality Core Holding But Analyst Presently Favors Bank Of America, Citi, US Bancorp
On Friday, JPMorgan Chase & Co. JPM reported its first-quarter FY24 results.
How To Earn $500 A Month From Bank of America Stock Ahead Of Q1 Earnings
Bank of America Corporation BAC will release its first-quarter financial results before the opening bell on Tuesday, April 15.
Everbridge Enhances Race-Day Safety for the 129th Running of the Boston Marathon presented by Bank of America
VIENNA, Va.--(BUSINESS WIRE)--Everbridge, Inc., the global leader in critical event management (CEM) and national public warning solutions, is proud to continue its long-standing collaboration with th...
Netflix, BofA, Goldman, TSMC, and More Stocks to Watch
In a short trading week, we'll also see earnings from J&J, Abbott Labs, and ASML. A retail sales report will be the most important economic data release against the backdrop of ongoing tariff volatili...
What To Expect in the Markets This Week
More big banks are set to report earnings this week, along with entertainment and health care giants, after some of the world's biggest banks reported earnings Friday and markets capped off a volatile...
Bank of America: An Opportunity In The 6%-Plus Yielding Preferred Shares
Bank of America's Series GG preferred shares offer a 6.15% yield and are trading at a 2% discount to their $25 call value. Preferred dividends are well covered, requiring just 6% of Bank of America's ...
Regional bank reporting will be better reflection of economic uncertainty: RBC's Gerard Cassidy
Gerard Cassidy, RBC Capital Markets Managing Director, joins 'Closing Bell Overtime' to talk quarterly banking results.
US bank profits rise, but executives raise more tariff warnings
Profits at major U.S. banks beat forecasts in the first quarter as stock trading jumped, but executives warned on Friday that sweeping tariffs could fuel risks and weigh on economic growth.
If tariffs remain in place banks' profitability will be hit: Analyst
The financial sector (^SP500-40) is set to kick off first quarter earnings in earnest. Morningstar senior equity analyst Suryansh Sharma joins Wealth with Brad Smith to share what he's watching for as...
What to Expect From the Big Bank Earnings
Wall Street's biggest banks begin reporting earnings on Friday as markets deal with extreme volatility and uncertainty brought on by President Donald Trump's tariff war. David George, Baird senior ban...
JPM & Bank Earnings: What Will Jamie Dimon Say on Economy?
JPMorgan Chase (JPM) will lead big bank earnings alongside Wells Fargo (WFC) and Morgan Stanley (MS). Caroline Woods notes CEO Jamie Dimon has given commentary recently suggesting downside in economic...
BofA Launches 'Golf with Us' to Bring Affordable Rounds to More Than 50,000 Youth Nationwide
Young players can enjoy rounds for $5 or less and instructional opportunities through partnership with Youth on Course CHARLOTTE, N.C. and MONTEREY, Calif.
Bank Of America Q1 Earnings Preview: Guidance And The Macro Don't Align
Bank of America Corporation faces economic uncertainty, with Q1 2025 earnings expected to be impacted by macro pressures and a shift in market sentiment. Despite strong Q4 2024 results, BAC's stock ha...
Big Bank CEOs Reckon With Their Lack of Influence on Trump
Bankers are uncertain about Trump's endgame on tariffs and uneasy about the impact on the global economy and their own businesses.
Bank of America Declares Preferred Stock Dividends Payable in May and June 2025
CHARLOTTE, N.C. , April 8, 2025 /PRNewswire/ -- Bank of America Corporation today announced the Board of Directors has authorized regular cash dividends on the outstanding shares or depositary shares...
Positive Loan Growth, Reserves & Outlook: What to Watch in Bank Earnings
JPMorgan Chase (JPM), Wells Fargo (WFC) and Morgan Stanley (MS) kick off big bank earnings on Friday. Bob Lang says the group has ways to go after falling below the 200-Day SMA.
BofA to Spend $4 Billion on AI and New Tech Initiatives in 2025
Bank of America is allocating $4 billion — or nearly a third of its overall technology budget for this year — toward new initiatives including AI, according to a Tuesday (April 8) news release.
What Do Tariffs and Increased Recession Risk Mean for Banks?
A look at how the trade war could affect profits.
AI Adoption by BofA's Global Workforce Improves Productivity, Client Service
More than 90% of employees use AI-driven virtual assistant for increased efficiency CHARLOTTE, N.C. and LONDON and HONG KONG , April 8, 2025 /PRNewswire/ -- Bank of America uses innovative technology ...
Bank of America to Report First Quarter 2025 Financial Results and Host Investor Conference Call on April 15
CHARLOTTE, N.C. , April 8, 2025 /PRNewswire/ -- As previously announced, Bank of America will report its first quarter 2025 financial results on Tuesday, April 15.
Tariffs Sink Wall Street Big Banks | Wall Street Beat
JPMorgan Chase CEO Jamie Dimon is urging a quick resolution to the uncertainties sparked by President Trump's tariffs. He is warning against a potentially "disastrous" fragmentation of America's econo...
Top banking chiefs held talks over Trump tariff fallout, sources say
The CEOs of some of the top global banks, including JPMorgan Chase and Bank of America , held a call on Sunday to discuss the repercussions of the hefty tariffs unveiled by President Donald Trump, sou...