Bank of America Corporation (BAC)
| Market Cap | 356.83B |
| Revenue (ttm) | 85.58B |
| Net Income (ttm) | 20.49B |
| Shares Out | 8.70B |
| EPS (ttm) | 2.33 |
| PE Ratio | 17.96 |
| Forward PE | 14.90 |
| Dividend | $0.72 |
| Dividend Yield | 1.72% |
| Trading Day | May 13 |
| Last Price | $41.84 |
| Previous Close | $41.18 |
| Change ($) | 0.66 |
| Change (%) | 1.60% |
| Day's Open | 40.99 |
| Day's Range | 40.78 - 42.09 |
| Day's Volume | 42,018,117 |
| 52-Week Range | 19.60 - 42.94 |
Big banks plan to give credit cards with no credit
Big banks are gearing up to give credit cards to people with no credit. FOX Business' Ashley Webster with more.
The U.S. Federal Reserve has asked lenders to start providing information on the measures they are taking to mitigate climate change-related risks to their balance sheets, according to four people with ...
Modest loan growth and continued steepening of the yield curve could grow the bank's earnings significantly.
Bank of America plans dividend hike, buybacks: CEO Moynihan
Bank of America chairman and CEO Brian Moynihan, in an exclusive interview with FOX Business' Maria Bartiromo, said that he expects to increase dividends and share buybacks given 'shareholders ought to ...
You can invest in several great companies that Buffett likes with only a modest upfront amount.
Continuing with its efforts to tap the Asia markets, HSBC is on track to hire more than 1,000 wealth managers in the region.
CHARLOTTE, N.C.--(BUSINESS WIRE)--According to the Bank of America 2021 Small Business Owner Report, U.S. small business owners have started to regain their footing after an unprecedented year of challe...
Is (BAC) Outperforming Other Finance Stocks This Year?
Bank of America (BAC) closed the most recent trading day at $41.39, moving +0.95% from the previous trading session.
Bitcoin is coming to hundreds of U.S. banks this year: NYDIG
CNBC's Hugh Son details his reporting on crypto firm NYDIG suggesting big banks are looking to allow customers to buy, hold and sell bitcoin.
Bank of America downgraded at Baird
The "Halftime Report" traders debate Baird's call to downgrade Bank of America.
Berkshire Hathaway is sitting on $196 billion in unrealized investment gains. These four companies account for 80% of those gains.
Bank of America has hired Emmanuel Regniez from Citigroup to co-head its investment banking franchise for France as it seeks to strengthen its network of European hubs after Brexit, according to a memo ...
Near all-time highs it makes sense to fade these mega-cap stocks on extreme strength. Long-term they are favorites, but they need to rest now.
Banking is one of Buffett's favorite industries, but he's betting a lot on one bank stock in particular.
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In its portfolio for the first quarter of 2021, which was released earlier this week, the Fairholme Fund (Trades, Portfolio) disclosed it reduced its position in one stock while completely divesting ano...
All banks generally benefit as interest rates climb, but these could be especially big winners.
Here's a rundown of the largest U.S. banks and the key differences among them.
CHARLOTTE, N.C.--(BUSINESS WIRE)--Bank of America Corporation announced today that it will redeem on May 17, 2021 all $2,250,000,000 principal amount outstanding of its 3.499% Fixed/Floating Rate Senior...
CHARLOTTE, N.C.--(BUSINESS WIRE)--Bank of America Corporation (successor to Merrill Lynch & Co., Inc.) announced today that it will redeem on May 30, 2021 all C$500,000,000 principal amount outstanding ...
Bank of America is a good value with some gusty tailwinds to help it soar.
CHARLOTTE, N.C.--(BUSINESS WIRE)--What's driving home sales, higher home prices and bidding wars in many areas of the country? Low housing inventory and low interest rates are often factors, but Bank of...
We have narrowed down our search to five U.S. corporate bigwigs (market capital > 20 billion) with a favorable Zacks Rank. These are: XOM, GS, BAC, LRCX and NUE.
This trio will pay out $2.16 billion this year to Berkshire Hathaway.
JPMorgan, Bank of America, Goldman Sachs, and Morgan Stanley all tapped the bond markets following stellar first quarter earnings.
Some modest loan growth later this year could increase Bank of America's current net interest income level by $1 billion in the fourth quarter.
CHARLOTTE, N.C.--(BUSINESS WIRE)--Bank of America Corporation today announced the Board of Directors declared a regular quarterly cash dividend on Bank of America common stock of $0.18 per share, payabl...
Pandemic lockdowns and stimulus checks have helped Americans save more money, a mixed blessing for banks. For instance, higher savings lead to more deposits, allowing banks to lend more funds.
CHARLOTTE, N.C.--(BUSINESS WIRE)--Bank of America, N.A. announced today that it issued a $1 billion six-month floating rate bank note referencing the one-month tenor of the Bloomberg Short-Term Bank Yie...
Record-breaking Wall Street bank bond offerings in recent days are being driven by a combination of extraordinary market conditions and regulatory decisions that can be traced to the government's pandem...
CHARLOTTE, N.C.--(BUSINESS WIRE)--Bank of America today announced preliminary results of matters voted upon during the company's 2021 annual meeting of stockholders. The 16 board of director nominees we...
A majority of Bank of America investors voted to approve the bank's executive pay plans and to reelect the board's directors at the bank's annual shareholder meeting, held online on Tuesday.
Is (BAC) Outperforming Other Finance Stocks This Year?
Atlas Merchant CEO on market risks, Big Banks, Archegos and more
Bob Diamond, CEO of Atlas Merchant Capital, joined "Squawk Box" on Monday to discuss why he thinks the outlook for the markets and the economy are positive overall, but there are five potential risks in...
Banks are looking like very good values, says NYT's Jim Stewart
New York Times columnist Jim Stewart gives his take on the latest round of bank earnings and the debut of Coinbase.
Bank of America Corp Chief Executive Officer Brian Moynihan on Friday said in a CNN interview that the U.S. needs to keep investing in infrastructure, adding that a "well-focused infrastructure plan wou...
U.S. bank revenues proving to be slightly stronger than expected, analyst says
John Heagerty, an analyst at Atlantic Equities, discusses U.S. banks earnings following Citigroup's better-than-expected estimates for first-quarter profit.
Q1 earnings start on a positive note with banks like JPMorgan (JPM), BofA (BAC), Citi (C), Wells Fargo (WFC), U.S. Bancorp (USB) & Truist (TFC) surpassing estimates on reserve releases and solid fee inc...
The challenge for U.S. banks is they're feeling the effects of fiscal and monetary policy: KBW
KBW Managing Director Brian Kleinhanzl spoke to Yahoo Finance's Adam Shapiro and Seana Smith about bank earnings.
The Dow gained 305 points, +0.9%, to a new record high and above 34K for the first time.
"The banks are doing pretty darned good, even if their stocks don't necessarily reflect that fact," the "Mad Money" host said.
BofA Offices May Look More Normal After Labor Day, CEO Says
Apr.15 -- Bank of America Chairman and CEO Brian Moynihan says the bank's staff will think about commuting differently as the U.S. emerges from the Covid-19 pandemic. He speaks with Bloomberg's David We...
Bank of America CEO Brian Moynihan on earnings and economic recovery
CNBC's "Closing Bell" team breaks down Bank of America's latest earnings report, which beat estimates, and the outlook for the U.S. economy with Bank of American CEO Brian Moynihan.
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... [Read more...]
| Industry Banks-Diversified | Founded 1784 |
| CEO Brian Moynihan | Employees 212,000 |
| Stock Exchange NYSE | Ticker Symbol BAC |
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%.
Analyst Forecasts
According to 27 analysts, the average rating for BAC stock is "Buy." The 12-month stock price forecast is 43.00, which is an increase of 2.77% from the latest price.