Bank of America Corporation (BAC)
|Net Income (ttm)||28.24B|
|Ex-Dividend Date||Aug 31, 2023|
|Day's Range||27.27 - 27.99|
|52-Week Range||26.32 - 38.60|
|Price Target||35.86 (+30.97%)|
|Earnings Date||Oct 17, 2023|
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. Its Consumer Banking segment offers traditional and money market savings accounts, certificates of deposit and IRAs, noninterest-and interest-bearing checking accounts, and investment accounts and products; and credit and debit cards, residential mortgages, and home equity loans, as well as direct and indir... [Read more]
In 2022, BAC's revenue was $94.95 billion, an increase of 6.55% compared to the previous year's $89.11 billion. Earnings were $26.02 billion, a decrease of -14.86%.Financial Statements
According to 16 analysts, the average rating for BAC stock is "Buy." The 12-month stock price forecast is $35.86, which is an increase of 30.97% from the latest price.
The U.S. Commodity Futures Trading Commission on Friday ordered Goldman Sachs , Bank of America and JPMorgan to pay a total of over $50 million for swap reporting failures and other violations, the ag...
Major bank CEOs to visit Capitol Hill to face questions in Senate hearing
CNBC's Emily Wilkins reports on news from Capitol Hill.
The U.S. Securities and Exchange Commission (SEC) is finalizing settlements with around two dozen Wall Street firms to resolve investigations into record-keeping lapses, said two people with knowledge...
Event Impact Continues to Drive Tourism Industry, Business, and Job Growth CHICAGO , Sept. 27, 2023 /PRNewswire/ -- The Bank of America Chicago Marathon continues to generate significant impact for th...
BofA Survey Finds Many American Workers Optimistic About Their Financial Future, Though Feeling the Strain of Inflation
While Saving for Retirement Remains Top Financial Goal, More Employees Prioritizing Pressing Needs CHARLOTTE, N.C. , Sept. 26, 2023 /PRNewswire/ -- Bank of America today announced findings from its 1...
Bank of America's minimum hourly pay will become $23 once the company's planned increase happens. That $1 bump is slated for U.S. employees in October.
CHARLOTTE, N.C. , Sept. 20, 2023 /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 will boost its minimum hourly wage to $23 in October as it heads toward a goal of raising hourly pay to $25 by 2025, the company said in a statement Wednesday.
Yearly Minimum Rate of Pay for Full-Time Employees will Increase to Nearly $48,000 CHARLOTTE, N.C. , Sept. 20, 2023 /PRNewswire/ -- Today, Bank of America announced it has again increased its U.S. min...
Located across 42 states and 14 countries, BofA inventors continue to build on its portfolio of more than 6,100 patents and applications. BofA has the most granted U.S. patents out of any financial se...
Bank of America has unveiled a platform to help business clients digitize trade finance. The company's CashPro Supply Chain Solutions tool is designed to offer supply chain participants “improved proc...
Open Account Automation Marks First Phase of a Multi-Year Investment Benefiting All Parties in Supply Chain, Delivering Greater Visibility and Speed NEW YORK and TORONTO , Sept. 18, 2023 /PRNewswire/ ...
Integration of Erica® Technology Strengthens Self-Service Capabilities for Over 40,000 Clients Around the World NEW YORK , Sept. 18, 2023 /PRNewswire/ -- Bank of America is elevating the experience of...
CHARLOTTE, N.C. , Sept. 18, 2023 /PRNewswire/ -- Bank of America Corporation today announced a corrected dividend amount on the Floating Rate Non-Cumulative Preferred Stock, Series F and the Adjustabl...
If that sounds appealing, then you may want to take a look at General Mills Inc. NYSE: GIS, Bank of America Co. NYSE: BAC and Skyworks Solutions Inc. NASDAQ: SWKS, all stocks meeting that description.
Democrats are increasingly split over the issue of tougher bank regulations, as some of the party's lawmakers join their Republican colleagues and bank executives in questioning whether the Federal Re...
Bank of America Corp. BAC, +1.72% said Wednesday it will waive the $4.95 monthly fee of its SafeBalance checking account program for accounts with a minimum daily balance of $500 starting in November....
Total Accounts Surpass 5 Million, Including 2 Million Students CHARLOTTE, N.C. , Sept. 13, 2023 /PRNewswire/ -- Bank of America today announced plans to expand the monthly maintenance fee waiver crite...
Investment banking fees are down 30% to 35% in the third quarter from a year earlier for the sector, but Bank of America will fare better than that average, its chief financial officer said on Monday.
Jamie Dimon sounds off on bank regulation
CNBC's Leslie Picker joins 'Closing Bell' to discuss comments from JPMorgan Chase CEO Jamie Dimon.