Bank of America Corporation (BAC)
| Market Cap | 339.39B |
| Revenue (ttm) | 97.45B |
| Net Income (ttm) | 26.35B |
| Shares Out | 7.53B |
| EPS (ttm) | 3.35 |
| PE Ratio | 13.45 |
| Forward PE | 12.04 |
| Dividend | $1.04 (2.31%) |
| Ex-Dividend Date | Jun 6, 2025 |
| Volume | 37,676,607 |
| Open | 44.26 |
| Previous Close | 44.23 |
| Day's Range | 44.21 - 45.20 |
| 52-Week Range | 33.07 - 48.08 |
| Beta | 1.31 |
| Analysts | Buy |
| Price Target | 47.21 (+4.77%) |
| Earnings Date | Jul 16, 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 $47.21, which is an increase of 4.77% from the latest price.
News
Higher for longer rate environment benefits banks, says Chris Marinac
Chris Marinac, Janney Montgomery Scott, joins 'Fast Money' to talk what could be ahead for the Federal Reserve in terms of policy and who benefits in the market.
Bank of America Declares Preferred Stock Dividends Payable in July and August 2025
CHARLOTTE, N.C. , June 12, 2025 /PRNewswire/ -- Bank of America Corporation today announced the Board of Directors has authorized regular cash dividends on the outstanding shares or depositary shares ...
Chicago Economy Infused with Record $683 Million Impact from 2024 Bank of America Chicago Marathon
Independent Study Shows Marathon's Impact Increased 22%; Surge in Tourism and Job Creation CHICAGO , June 12, 2025 /PRNewswire/ -- The 2024 Bank of America Chicago Marathon contributed a record-breaki...
Bank of America Announces Redemption of $3,000,000,000 1.319% Fixed/Floating Rate Senior Notes, Due June 2026
CHARLOTTE, N.C. , June 11, 2025 /PRNewswire/ -- Bank of America Corporation announced today that it will redeem on June 19, 2025 all $3,000,000,000 principal amount outstanding of its 1.319% Fixed/Flo...
Bank of America Corporation (BAC) Presents at Morgan Stanley US Financials, Payments & CRE Conference Transcript
Bank of America Corporation (NYSE:BAC) Morgan Stanley US Financials, Payments & CRE Conference June 11, 2025 10:30 AM ET Company Participants Brian Thomas Moynihan - Chairman, CEO & President Confere...
The Big 3: BAC, COST, PDD
@Theotrade's Don Kaufman says he's "all beared up" on today's U.S. and China tariff developments and the latest CPI print. His bearish perspective isn't shifting on today's Big 3.
Visa, Street Soccer USA and Bank of America Join Forces to Expand Access to Soccer in Communities Across the United States
SAN FRANCISCO , June 10, 2025 /PRNewswire/ -- At a ribbon-cutting event in San Francisco, Visa, Street Soccer USA (SSUSA) and Bank of America announced today an initiative to expand access to soccer a...
BofA Clients Embrace New $10 Million Limit in U.S. Real-Time Payments
NEW YORK , June 10, 2025 /PRNewswire/ -- Recent action from The Clearing House to increase the transaction limit on real-time payments from $1 million to $10 million is fueling new use cases in busine...
SoFi Loan Boom Impresses But Bank Of America Sticks To 'Underperform'
Bank of America Securities analyst Mihir Bhatia reiterated the Underperform rating on SoFi Technologies, Inc. SOFI on Friday, with a price forecast of $13.
Options Corner: NVDA, BAC, ZBRA
Today's options corner turns to tech and banking when it comes to unusual trades. Rick Ducat turns to a Nvidia (NVDA) where he says "bullish" is an understatement.
Bank of America As A High-Yielding Income Idea
Bank of America's Q1 results were robust, with preferred dividends well covered at less than 6% of net income, enhancing income security. I favor the Series QQ preferred shares (BAC.PR.Q) for their 6....
BofA Report: 60% of Homeowners and Prospective Buyers Uncertain About the Housing Market - A Three-Year High
Despite Uncertainty, Prospective Buyers Are Cautiously Optimistic About Market Improvements CHARLOTTE, N.C. , May 28, 2025 /PRNewswire/ -- Uncertainty among current homeowners and prospective buyers i...
Buffett's May DiviDogs Tag Ally As A "Safer" Buy
Berkshire Hathaway's latest moves include doubling down on Constellation Brands and increasing stakes in Domino's Pizza, Pool, and Sirius XM, while dropping Citigroup, DaVita, and Nu Holdings. Top Ber...
Bank of America Announces Redemption of CHF 375 Million of 0.2525% Senior Notes, Due June 12, 2026
CHARLOTTE, N.C. , May 23, 2025 /PRNewswire/ -- Bank of America Corporation announced today that it will redeem on June 12, 2025 all CHF 375,000,000 principal amount outstanding of its 0.2525% Senior N...
JPMorgan, Bank Of America, And Other Banking Titans Discussing Joint Stablecoin To Tackle Crypto Competition: Report
Top U.S. banks are contemplating a joint venture to issue a dollar-pegged stablecoin in an attempt to counter the increasing competition from the cryptocurrency sector, according to a report dated Thu...
Some US banks explore venturing into crypto with joint stablecoin, WSJ reports
Some of the biggest U.S. banks are exploring whether to team up to issue a joint stablecoin, The Wall Street Journal reported on Thursday.
Big Banks Explore Venturing Into Crypto World Together With Joint Stablecoin
The discussions involve payments companies co-owned by JPMorgan Chase, other large banks.
Bank Of America Sees Mixed Signals In Leisure Sector, Highlights Strength In Premium Travel And Cruise Stability
Bank of America Securities offered a cross-sector analysis of the leisure consumer space on Thursday, outlining recent performance trends across several key segments.
I Sold These Big Bank Stocks Hand Over Fist
The banking sector is facing headwinds and the big bank stock prices are stretched. While the big banks might get reserve requirement relief, that might weaken them by thinning their financial cushion...
Forget About Dividend Yield, Do This Instead
Focus on dividend sustainability and business quality, not just high yield, to build reliable passive income. Avoid overexposure to cyclical sectors; prioritize companies with resilient dividends thro...
QR Sign-Ins Surge 60% on BofA's CashPro® Platform
Convenience, Security and Integration with Biometrics Drive Growth in Adoption of QR Sign-In Technology NEW YORK and LONDON and HONG KONG , May 20, 2025 /PRNewswire/ -- Every day, thousands of CFOs an...
Bank of America: QR Sign-Ins by Business Clients Increased 60%
QR code technology is an increasingly popular sign-in method among Bank of America's corporate and commercial clients. The number of business clients using QR sign-in to access the bank's digital bank...