Bank of America Corporation (BAC)

NYSE: BAC · IEX Real-Time Price · USD
35.91
+0.84 (2.40%)
At close: Aug 11, 2022 4:00 PM
36.18
+0.27 (0.75%)
Pre-market: Aug 12, 2022 6:44 AM EDT
2.40%
Market Cap 288.55B
Revenue (ttm) 90.74B
Net Income (ttm) 26.57B
Shares Out 8.04B
EPS (ttm) 3.20
PE Ratio 11.22
Forward PE 11.03
Dividend $0.84 (2.34%)
Ex-Dividend Date Sep 1, 2022
Volume 47,544,501
Open 35.77
Previous Close 35.07
Day's Range 35.65 - 36.06
52-Week Range 29.67 - 50.11
Beta 1.40
Analysts Buy
Price Target 43.09 (+20.0%)
Earnings Date Jul 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... [Read more...]

Industry Banks
Founded 1784
CEO Brian Moynihan
Employees 210,000
Stock Exchange NYSE
Ticker Symbol BAC
Full Company Profile

Financial Performance

In 2021, BAC's revenue was $89.11 billion, an increase of 4.19% compared to the previous year's $85.53 billion. Earnings were $31.98 billion, an increase of 78.71%.

Financial Statements

Analyst Forecast

According to 32 analysts, the average rating for BAC stock is "Buy." The 12-month stock price forecast is 43.09, which is an increase of 19.99% from the latest price.

Price Target
$43.09
(19.99% upside)
Analyst Consensus: Buy
Stock Forecasts

News

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Warren Buffett's Secret Portfolio Has 95% of Its Assets in These 2 Sectors

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Investors Heavily Search Bank of America Corporation (BAC): Here is What You Need to Know

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Bank of America CEO touts 'relatively strong' consumer strength despite inflation, recession woes

Bank of America CEO Brian Moynihan touted U.S. consumer strength as 'relatively strong,' citing July consumer data despite inflation and an economic recession.

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Bank of America in settlement talks with U.S. regulators over employee cell phone use

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Bank of America, Marriott CEOs to meet with Biden on economy as recession debate heats up

President Joe Biden is due to huddle with a small group of top CEOs on Thursday and speak on the U.S. economy, following the release of a report that's intensifying debate about whether a recession has ...

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BofA CEO says the strong American consumer is one of the Fed's biggest obstacles

"One of the toughest jobs [the Fed] have is the American consumer is still in pretty good shape," Moynihan said in an interview on "Mad Money."

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