Bank of America Corporation (BAC)
| Market Cap | 327.68B |
| Revenue (ttm) | 96.07B |
| Net Income (ttm) | 25.50B |
| Shares Out | 7.60B |
| EPS (ttm) | 3.21 |
| PE Ratio | 13.43 |
| Forward PE | 11.71 |
| Dividend | $1.04 (2.41%) |
| Ex-Dividend Date | Mar 7, 2025 |
| Volume | 2,663,743 |
| Open | 43.35 |
| Previous Close | 43.07 |
| Day's Range | 43.06 - 43.53 |
| 52-Week Range | 34.15 - 48.08 |
| Beta | 1.33 |
| Analysts | Buy |
| Price Target | 48.21 (+11.86%) |
| 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 22 analysts, the average rating for BAC stock is "Buy." The 12-month stock price forecast is $48.21, which is an increase of 11.86% from the latest price.
News
Risk Tolerant? 2 Attractive Stocks Backed By Solid Fundamentals For Income Reliability
I prefer investing in individual stocks like Verizon Communications and U.S. Bancorp for potential upside and income reliability, despite their perceived higher risk. Taking on higher risks can lead t...
3 Beloved Stocks Warren Buffett Is Dumping As Markets Fall
Warren Buffett ended 2024 hoarding cash. Yet a longer look at Berkshire Hathaway's portfolio suggests that, as usual, Buffett isn't tipping his hand over his portfolio management strategy going forwar...
Trade Tracker: Steve Weiss buys more Bank of America
Steve Weiss, Founder and Managing Partner of Short Hills Capital Partners joins CNBC's “Halftime Report” to explain why he's bullish on this financial.
BofA Names Jason Edelmann President of Fort Lauderdale
FORT LAUDERDALE, Fla. , March 20, 2025 /PRNewswire/ -- Bank of America has named Jason Edelmann president of Bank of America Fort Lauderdale.
My Dividend Stock Portfolio: New February Dividend Record - 100 Holdings With 11 Buys
February investments fell below $1,000, mainly in BDCs like Owl Rock Capital and Ares Capital, boosting annual dividend income by $77. Dividend income hit a new February record of $505, up 5% Y/Y driv...
BofA CEO Brian Moynihan discusses the future of bank regulation
Bank of America CEO Brian Moynihan discusses the regulatory outlook under President Trump.
BofA CEO Brian Moynihan on the health of the U.S. consumer
Bank of America CEO Brian Moynihan said Wednesday that consumers are continuing to spend and economic growth should be solid though slower this year.
Bank of America's CEO says economic growth is 'better than people think' and the Fed should stay on hold
Bank of America CEO Brian Moynihan said Wednesday that consumers are continuing to spend and economic growth should be solid though slower this year. From a numbers standpoint, that means gross domest...
Bank of America CEO Brian Moynihan: The economy ought to be holding up better than people think
Bank of America CEO Brian Moynihan joins 'Squawk Box' to discuss the state of the economy, health of the American consumer, the Fed's inflation fight, rate path outlook, impact of tariffs and policy u...
Bank of America Adds Junior Banking Oversight Roles, Lays Off Others: Report
Bank of America (BAC) has made another new change to increase oversight of the working conditions of junior bankers, according to a Monday report from The Wall Street Journal.
Beleaguered Bank of America head Brian Moynihan ‘holding the bank back': source
Sources believe Trump's victory was essentially a double whammy for the CEO — putting the bank in the crosshairs but also halting his own political aspirations.
Bank of America Declares Preferred Stock Dividends Payable in April and May 2025
CHARLOTTE, N.C. , March 13, 2025 /PRNewswire/ -- Bank of America Corporation today announced the Board of Directors has authorized regular cash dividends on the outstanding shares or depositary shares...
Bank of America axes 150 junior banker jobs after layoffs at Goldman Sachs, JPMorgan
The layoffs are part of an annual process to cut under-performers. However, deal volumes have also fallen below expectations in the first half of the year.
Bank of America cuts 150 junior roles in investment banking, sources say
Bank of America's latest cull has eliminated 150 jobs of junior bankers at its investment bank, two sources familiar with the matter told Reuters on Tuesday.
Exclusive: Bank of America eliminates some investment banking roles, including in New York
Bank of America eliminated some investment banking roles on Monday, including in New York, according to three sources familiar with the situation who declined to be identified discussing personnel mat...
Trade Tracker: Stephanie Link buys more Eaton, Quanta Services, Bank of America and Chipotle
Stephanie Link, CIO at Hightower, joins CNBC's "Halftime Report" to detail her latest portfolio moves.
Bank of America Announces Redemption of CAD400,000,000 Floating Rate Senior Notes, Due March 2026
CHARLOTTE, N.C. , March 7, 2025 /PRNewswire/ -- Bank of America Corporation announced today that it will redeem on March 16, 2025 all CAD400,000,000 principal amount outstanding of its Floating Rate S...
Panama closes 1.2 billion-euro loan with Bank of America subsidiary
Panama's government has closed a 1.2 billion euros ($1.29 billion) loan with a two-year maturity with a subsidiary of Bank of America, the Economy Ministry said a statement on Thursday.
BofA's Moynihan on Strategy in Japan, Economy and Hiring
Bank of America Chair and CEO Brian Moynihan discusses the bank's business strategy in Japan, current macroeconomic conditions and BofA's hiring plans on "The Asia Trade." Sign up for the Economics Da...
CFPB drops lawsuit against JPMorgan, BofA, Wells Fargo alleging fraud on Zelle
The CFPB has now dropped seven of the enforcement cases brought under former President Joe Biden, including one against Capital One.
US CFPB drops 'Zelle' case against JPMorgan, BofA, Wells Fargo
The U.S. Consumer Financial Protection Bureau on Tuesday said it was dropping a lawsuit filed in December against three of the nation's largest banks over their handling of the payment service Zelle, ...
CFPB drops lawsuit against JPMorgan Chase, Bank of America and Wells Fargo over Zelle fraud
Since Acting Director Russell Vought has taken over the CFPB, the agency has dropped at least a half dozen cases brought by his predecessor, Rohit Chopra. In December, the CFPB sued Early Warning Serv...
Bank of America: Share Price Pressure Is Good News For Long-Term Shareholders
Recent strong performance of Bank of America's share price brought valuation more in line with current business fundamentals. While BAC is closer to fair value at the moment, shareholder returns in 20...
Bank of America: The Dip Gives A Nice Opportunity
I reiterate my "Buy" rating for Bank of America, expecting growth in 2025 due to favorable market conditions and reduced regulation. BAC's strong financials, particularly in Consumer Banking and Globa...