Bank of America Corporation (BAC)

NYSE: BAC · Real-Time Price · USD
45.79
-0.87 (-1.86%)
At close: Jan 22, 2025, 4:00 PM
45.74
-0.05 (-0.11%)
After-hours: Jan 22, 2025, 7:53 PM EST
-1.86%
Market Cap 348.50B
Revenue (ttm) 96.07B
Net Income (ttm) 25.50B
Shares Out 7.61B
EPS (ttm) 3.21
PE Ratio 14.26
Forward PE 12.45
Dividend $1.04 (2.27%)
Ex-Dividend Date Dec 6, 2024
Volume 28,423,823
Open 46.60
Previous Close 46.66
Day's Range 45.76 - 46.73
52-Week Range 32.35 - 48.08
Beta 1.34
Analysts Buy
Price Target 48.33 (+5.55%)
Earnings Date Jan 16, 2025

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 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 Statements

Analyst Forecast

According to 21 analysts, the average rating for BAC stock is "Buy." The 12-month stock price forecast is $48.33, which is an increase of 5.55% from the latest price.

Price Target
$48.33
(5.55% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Ignore Buffett And Buy Bank of America (Technical Analysis)

Ignore Warren Buffett's recent sale of Bank of America stock; technicals are bullish, and the stock is undervalued based on P/E and P/B ratios. BofA's chart shows a strong uptrend with multiple suppor...

20 hours ago - Seeking Alpha

Banks Kick Q4 Earnings Season Off With A Bang As CEO Sentiment Improves

Banks such as JPMorgan, Citi, and Goldman Sachs started the earnings season off on a positive note when all beat expectations on the top and bottom lines. The pre-peak Late Earnings Report Index fell ...

Other symbols: CGSJPMMSWFC
23 hours ago - Seeking Alpha

Bank of America Announces Redemption of $1,500,000,000 Floating Rate Senior Notes, Due February 2026

CHARLOTTE, N.C. , Jan. 21, 2025 /PRNewswire/ -- Bank of America Corporation announced today that it will redeem on February 5, 2025, all $1,500,000,000 principal amount outstanding of its Floating Rat...

1 day ago - PRNewsWire

BofA's Moynihan Sees 'Lots of Enthusiasm' for Deals

Bank of America CEO Brian Moynihan discusses the current investment environment and his future at the banking giant. Moynihan speaks on Bloomberg Television at the World Economic Forum's annual meetin...

1 day ago - Bloomberg Markets and Finance

BofA CEO discusses Trump and the impact on business

At the 2025 World Economic Forum in Davos, Switzerland, Bank of America (BAC) CEO Brian Moynihan sits down with Yahoo Finance Executive Editor Brian Sozzi to discuss President Donald Trump's return to...

1 day ago - Yahoo Finance

BofA CEO says financial industry will jump into crypto payments if regulators allow it

Bank of America CEO Brian Moynihan said Tuesday that the U.S. banking industry will embrace cryptocurrencies for payments if regulators allow it. The head of the second largest U.S. bank by assets was...

1 day ago - CNBC Television

Bank of America CEO on state of banking industry, regulation outlook and future of crypto

Bank of America CEO Brian Moynihan joins 'Squawk Box' to discuss the state of the banking industry, what to expect under the new Trump administration, future of community banks, M&A outlook, future of...

1 day ago - CNBC Television

Bank of America CEO says financial industry will jump into crypto payments if regulators allow it

Bank of America CEO Brian Moynihan said that the U.S. banking industry will embrace cryptocurrencies for payments if regulators allow it. The head of the second largest U.S. bank by assets was asked b...

1 day ago - CNBC

What To Expect From Bank Of America Stock In 2025?

Bank of America's stock (NYSE: BAC) posted a better-than-expected set of Q4 2024 earnings, led by stronger investment banking business and higher net interest income. Net profits more than doubled yea...

1 day ago - Forbes

What We Learned From Big Bank Earnings Last Week

The largest U.S. banks posted substantial fourth-quarter revenue and profit gains thanks to a resurgence in Wall Street dealmaking.

Other symbols: JPM
2 days ago - Investopedia

Bank of America: I Was Wrong About Interest Rates (Rating Upgrade)

Bank of America reported strong Q4 earnings, driven by robust investment banking activity, higher NII and a healthy balance sheet. Bank of America also beat earnings and revenue estimates for Q4'24. T...

3 days ago - Seeking Alpha

Bank profit growth is just beginning: CFRA analyst

The financials sector is showcasing a strong earnings performance this season, as major banks Bank of America (BAC), Morgan Stanley (MS), Citigroup (C), JPMorgan Chase & Co. (JPM), Goldman Sachs (GS),...

Other symbols: CGSJPMMSWFC
5 days ago - Yahoo Finance

Jim Cramer breaks down Big Banks earnings

'Mad Money' host Jim Cramer looks at the recent slate of bank earnings.

Other symbols: CJPMWFC
5 days ago - CNBC Television

Bank of America awards stock to employees after strong 2024 performance, memo shows

Bank of America is set to award stock to most of its global employees for the eighth time since 2017, following a robust performance by the second-largest U.S. lender in 2024, according to an internal...

5 days ago - Reuters

Bank of America Declares Preferred Stock Dividends for First Quarter 2025

CHARLOTTE, N.C. , Jan. 17, 2025 /PRNewswire/ -- Bank of America Corporation today announced the Board of Directors has authorized regular cash dividends on the outstanding shares or depositary shares ...

5 days ago - PRNewsWire

Wells Fargo and Merrill Lynch Settle SEC Charges Involving Cash Sweeps

Two Wells Fargo advisory firms and Merrill Lynch have agreed to settle Securities and Exchange Commission (SEC) charges that they violated Advisers Act rules relating to their cash sweeps programs.

Other symbols: WFC
5 days ago - PYMNTS

Banks Are Booming, But Keep an Eye on the Consumer

JPMorgan Chase CEO Jamie Dimon warned investors to keep an eye on inflation and the job market. He said stagflation would be a worst-case scenario.

Other symbols: CGSJPMMSWFC
5 days ago - Barrons

KT Law Files $5 Million Deferred Compensation Claim Against Merrill Lynch for ERISA Violations

Merrill Advisors with Losses Over $100,000 Should Contact KlaymanToskes Immediately NEW YORK, NY / ACCESS Newswire / January 17, 2025 / National investment loss and securities attorneys KlaymanToskes ...

5 days ago - Accesswire

Bank of America Corporation (BAC) Q4 2024 Earnings Call Transcript

Bank of America Corporation (NYSE:BAC) Q4 2024 Earnings Conference Call January 1, 2024 11:00 AM ET Company Participants Lee McEntire - Investor Relations Brian Moynihan - Chief Executive Officer Ala...

6 days ago - Seeking Alpha

Bank of America Says 61% of Consumer Sales Are Made Through Digital Channels

Bank of America's fourth quarter earnings, released Thursday (Jan. 16) indicated continued momentum in the digital shift that has now resulted in 61% of its consumer sales made through digital channel...

6 days ago - PYMNTS

Bank of America CEO Brian Moynihan: We expect net interest income to increase next year

CNBC's Becky Quick speaks with Brian Moynihan, Bank of America chair and CEO, to discuss the bank's most recent earnings, when increased optimism about business under the new administration will yield...

6 days ago - CNBC Television

BofA and Morgan Stanley profits double, 2025 Big Bank trends

Profits at Bank of America (BAC) and Morgan Stanley (MS) more than doubled in the fourth quarter, signaling a strong 2024 for Big Banks. Stephen Biggar, director of financial services research at Argu...

Other symbols: MS
6 days ago - Yahoo Finance

Morgan Stanley and BofA report robust Q4 earnings

Big Bank earnings are rolling out this week, with Morgan Stanley (MS) and Bank of America (BAC) more than doubling in quarter four after a spike in dealmaking. Mac Sykes, Gabelli Funds portfolio manag...

Other symbols: MS
6 days ago - Yahoo Finance

Crude Oil Down 1%; Bank of America Posts Upbeat Earnings

U.S. stocks traded mixed midway through trading, with the Dow Jones index gaining around 0.1% on Thursday.

6 days ago - Benzinga

Bank of America Investment Banking Fees Boost 4Q Profit

Bank of America Corp. topped analysts' estimates for fourth-quarter profit as investment-banking fees hit the highest in three years and net interest income outperformed forecasts. Manus Cranny and So...

6 days ago - Bloomberg Markets and Finance