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Bank of America Corporation (BAC)

NYSE: BAC · IEX Real-Time Price · USD
47.54
-0.03 (-0.06%)
After-hours:Oct 22, 2021 7:59 PM EDT
47.57
0.74 (1.58%)
At close: Oct 22, 4:00 PM
Market Cap391.27B
Revenue (ttm)84.72B
Net Income (ttm)26.17B
Shares Out8.62B
EPS (ttm)3.34
PE Ratio14.25
Forward PE14.95
Dividend$0.75 (1.58%)
Ex-Dividend DateDec 2, 2021
Volume36,225,597
Open46.99
Previous Close46.83
Day's Range46.99 - 47.62
52-Week Range22.65 - 47.62
Beta1.51
AnalystsBuy
Price Target46.58 (-2.1%)
Est. Earnings DateJan 18, 2022

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. 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...

IndustryBanks
Founded1784
CEOBrian Moynihan
Employees209,407
Stock ExchangeNYSE
Ticker SymbolBAC
Full Company Profile

Financial Performance

In 2020, BAC's revenue was $85.53 billion, a decrease of -6.26% compared to the previous year's $91.24 billion. Earnings were $17.89 billion, a decrease of -34.76%.

Financial Statements

Analyst Forecast

According to 27 analysts, the average rating for BAC stock is "Buy." The 12-month stock price forecast is 46.58, which is a decrease of -2.08% from the latest price.

Price Target
$46.58
(-2.08% downside)
Analyst Consensus: Buy

News

Are You Looking for a Top Momentum Pick? Why Bank of America (BAC) is a Great Choice

Does Bank of America (BAC) have what it takes to be a top stock pick for momentum investors? Let's find out.

22 hours ago - Zacks Investment Research

Bank of America Debuts Business Advantage Unlimited Cash Rewards Card

Bank of America on Thursday (Oct. 21) unveiled the Business Advantage Unlimited Cash Rewards card, which will give small business owners unlimited 1.5% cash back on all purchases. The Business Advantage...

1 day ago - PYMNTS

7 Safe Stocks to Own to Hedge Against Inflation

Worried about inflation that's turned out not to be so "transitory?" These seven safe stocks may be the place to be right now.

Other symbols:AIGBPCOPJNJMORF
1 day ago - InvestorPlace

Bank of America Launches Business Advantage Unlimited Cash Rewards Card for Entrepreneurs

CHARLOTTE, N.C., Oct. 21, 2021 /PRNewswire/ -- Bank of America today announced the launch of the Business Advantage Unlimited Cash Rewards card.

2 days ago - PRNewsWire

Tips on Where to Invest as Rates Rise

Think you know what might go on with the Fed and rates next year? Think again.

Other symbols:GSJPMPNCUCBI
2 days ago - Zacks Investment Research

Has Bank of America (BAC) Outpaced Other Finance Stocks This Year?

Is (BAC) Outperforming Other Finance Stocks This Year?

2 days ago - Zacks Investment Research

All You Need to Know About Bank of America (BAC) Rating Upgrade to Buy

Bank of America (BAC) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

2 days ago - Zacks Investment Research

Bank of America Sets Q4-21 Stock Dividend, Renews $25 Billion Repurchase Plan

CHARLOTTE, N.C., Oct. 20, 2021 /PRNewswire/ -- Bank of America today announced the Board of Directors declared a regular quarterly cash dividend on Bank of America common stock of $0.21 per share, payab...

3 days ago - PRNewsWire

ETFs to Ride on a Solid Start to Q3 Earnings

The rounds of upbeat earnings has set the stage for the S&P 500 Index to hit new highs as more Q3 earnings unfold.

Other symbols:ACGSIVVIVWJBHTRPGSPLG
3 days ago - Zacks Investment Research

No Place like Home: First-Generation Homeowners Say Owning a Home is More Important Now than Ever Before

CHARLOTTE N.C., Oct. 20, 2021 /PRNewswire/ -- New data from Bank of America shows that family support often plays a pivotal role in helping first-generation homebuyers reach the major milestone of purch...

3 days ago - PRNewsWire

Banking Earnings Upbeat: Time to Buy Financial ETFs on Value?

The financial sector, which makes up about one-fifth of the S&P 500 Index, has come up with an upbeat earnings season.

Other symbols:CGSIYGJPMKBWBMSWFCXLF
4 days ago - Zacks Investment Research

Bank of America's Community Development Financial Institution Loan Portfolio Surpasses $2 Billion

CHARLOTTE, N.C., Oct. 19, 2021 /PRNewswire/ -- Bank of America today announced its current portfolio of loans, deposits and investments to Community Development Financial Institutions (CDFIs) now exceed...

4 days ago - PRNewsWire

3 Warren Buffett Stocks I Plan to Hold Forever

There are no reasons to ever part ways with these thoroughly dominant businesses.

Other symbols:AMZNMA
4 days ago - The Motley Fool

5 Best Performing Stocks of the S&P 500 ETF Last Week

The S&P 500 Index wrapped up its best week since July, climbing 1.8% on encouraging quarterly earnings releases from several companies

4 days ago - Zacks Investment Research

Bank of America CEO talks earnings, bottlenecks, economy

Bank of America CEO Brian Moynihan noted that more loans and deposits as well as ‘strong' investment banking, wealth management and trading revenue helped drive growth. Subscribe to Fox Business!

5 days ago - Fox Business

Recap: Bank of America Q3 Earnings

Bank of America(NYSE:BAC) stock rose by 2.88% on Friday after the company reported its Q3 earnings results on Thursday, October 14, 2021 at 06:45 AM. Here's what investors need to know about the announc...

5 days ago - Benzinga

3 No-Brainer Stocks to Invest $500 In Right Now

You won't need a boatload of cash to build wealth with these top-tier companies.

Other symbols:VRTX
5 days ago - The Motley Fool

4 Reasons to Like Bank of America's Recent Earnings Results

Bank of America shares rose nearly 5% after it reported third-quarter results on Oct. 14.

1 week ago - The Motley Fool

Ride the Latest Market Rally With These ETFs

The third-quarter earnings season has begun with a bang, spreading optimism among investors.

1 week ago - Zacks Investment Research

Bullish on Banks: 'We're going to be talking favorably about banks well into 2022': CFRA Research

# Kenneth Leon, CFRA Research Director, joins Yahoo Finance's Alexis Christoforous to discuss the outlook on banks following earnings and looking ahead to next year. Don't Miss: Valley of Hype: The Cult...

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1 week ago - Yahoo Finance

Bank of America Declares Preferred Stock Dividends for Fourth Quarter 2021

CHARLOTTE, N.C., Oct. 15, 2021 /PRNewswire/ -- Bank of America Corporation today announced the Board of Directors has authorized regular cash dividends on the outstanding shares or depositary shares of ...

1 week ago - PRNewsWire

Wall Street banks set to profit again when Fed withdraws pandemic stimulus

Wall Street banks have been among the biggest beneficiaries of the pandemic-era trading boom, fueled by the Federal Reserve's massive injection of cash into financial markets.

Other symbols:CGSJPMMSWFC
1 week ago - Reuters

Big bank earnings, retail stocks fuel market rally

CNBC's Bob Pisani joins 'Squawk on the Street' to break down Friday's market rebound following the strong earnings from banks and September's retail sales numbers.

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1 week ago - CNBC Television

Why Bank Of America Shares Are Rising

Bank of America Corp (NYSE: BAC) shares are trading higher amid strength in bank stocks. The company on Thursday reported better-than-expected third-quarter results.

1 week ago - Benzinga

Bank of America raises price target for 'bright spot' Affirm from $119 to $160

Jason Kupferberg, Bank of America Analyst, discusses why Affirm is considered a 'clear bright spot' in the buy now, pay later space. Don't Miss: Valley of Hype: The Culture That Built Elizabeth Holmes W...

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1 week ago - Yahoo Finance