Bank of America Corporation (BAC)
| Market Cap | 299.66B |
| Revenue (ttm) | 85.53B |
| Net Income (ttm) | 16.47B |
| Shares Out | 8.75B |
| EPS (ttm) | 1.87 |
| PE Ratio | 18.56 |
| Forward PE | 15.77 |
| Dividend | $0.72 |
| Dividend Yield | 2.07% |
| Trading Day | February 26 |
| Last Price | $34.71 |
| Previous Close | $35.93 |
| Change ($) | -1.22 |
| Change (%) | -3.40% |
| Day's Open | 35.73 |
| Day's Range | 34.68 - 36.04 |
| Day's Volume | 70,933,313 |
| 52-Week Range | 17.59 - 37.03 |
After pausing job cuts for almost a year, BofA (BAC) reduces staff in investment banking and trading units this week.
In the latest trading session, Bank of America (BAC) closed at $35.93, marking a -1.24% move from the previous day.
Why Merrill Is Expanding Its Florida Wealth Unit
Feb.25 -- Merrill Lynch Wealth Management Andy Sieg discusses the firm's decision to expand its teams in Florida that cater to the state's ultra-high-net-worth individuals, the GameStop retail...
Bank of America Corp cut some of its staff in the global banking and markets division this week, Bloomberg News reported on Thursday.
Bank stocks will reach all-time highs in the near future, says Wells Fargo's Mayo
Mike Mayo, managing director at Wells Fargo Securities, joined "Squawk Box" on Thursday to discuss whether there's more room to run for financials.
Lower provisions & rise in fee income aid FDIC-insured banks' Q4 earnings. Driven by these factors, big banks like JPMorgan (JPM), BofA (BAC), Citi (C), Wells Fargo (WFC) & Truist Financial (T...
Some stock market participants are on pins and needles as interest rates have edged higher.
Two of Britain's biggest banks have announced plans to dump expensive office space, a bet that remote work is here to stay even after the pandemic ends.
Two pros debate whether tech or bank stocks are a better bet for investors
Tech stocks extended their recent slump Tuesday while money has been rotating into areas like financials. Greg Branch, managing partner at Veritas Financial, and Paul Meeks, portfolio manager ...
Investors keep seeking for Alpha, above-average returns, and leaving value stocks on the shelf. But when the market falls, these stocks will save your portfolio The post 7 Bypassed Value Stock...
When starting out, it's probably best to look at quality. Here are seven familiar names for new investors to consider.
This conglomerate is increasingly seen as boring, but don't be so sure that's a bad thing.
Even as the stock market has continued to test new highs, a growing number of voices have begun to warn about the dangers of irrational exuberance leading to an unsustainable bubble. However, ...
Tweedy Browne (Trades, Portfolio) recently disclosed its portfolio updates for the fourth quarter of 2020, which ended on Dec. 31.
As he has for most of the last year, Buffett continued to sell his bank holdings in the fourth quarter of 2020.
This is highly unusual behavior from a historically passive investor -- but there is an explanation.
Bond yields are rising, and that is not a welcome sign for stock market investors. Even though the relationship between bond yields and stock prices tends to vary at different stages of the bu...
Bank of America (BAC) reported earnings 30 days ago. What's next for the stock?
JPMorgan (JPM) stock rallied to a new high on Tuesday, fueled by growing financial tailwinds.
Michael Yoshikami: Banks are the place to be, don't expect inflation
Michael Yoshikami, destination wealth management founder & CEO, says inflation is not a big worry right now. It's still a risk, but there will still be major issues related to Covid-19 that wi...
Buy-and-hold investing in strong stocks could be a winning long-term strategy to make use of your next stimulus check. The post 7 Stocks to Buy to Get the Most Out of More Stimulus appeared fi...
Results from the Fed's annual stress tests help determine capital requirements and capital distribution plans for banks like Capital One (COF), Wells Fargo (WFC), JPMorgan (JPM), Citi (C), Mor...
BofA (BAC) trims CEO's pay by more than 7% in the year of constraints.
Solid businesses with high and growing dividends are a recipe for sound retirement.
There's a lesson everyone can take from the legendary investor.
American stock markets are not new to bubbles, nor the eventual burst of those bubbles. Inflated tech stocks led to one of the most severe market crashes at the turn of the 21st century, and i...
Diamond Hill Capital (Trades, Portfolio) recently disclosed its portfolio updates for the fourth quarter of 2020, which ended on Dec. 31.
Bank of America Corp Chief Executive Officer Brian Moynihan's annual pay fell by about $2 million, or 7.5%, in 2020, a regulatory filing showed on Friday.
In its portfolio for the final quarter of 2020, which was released earlier this week, the Fairholme Fund (Trades, Portfolio) disclosed it established one new position and sold out of another.
Is (BAC) Outperforming Other Finance Stocks This Year?
NEW YORK--(BUSINESS WIRE)--Bank of America Community Development Banking (CDB) provided a record $5.87 billion in loans, tax credit equity investments, and other real estate development soluti...
Bank of America (NYSE: BAC) shares advanced last week more than 9% as the prospect of another large fiscal stimulus bill improves. Bank of America reported Q4 results in January that showed si...
This is Buffett's biggest bank stock investment by far. Should you join him and invest?
Riding the Oracle of Omaha's coattails has historically been a smart move.
How do dividend yields of 2.4%, 6.2%, and 8.4% sound?
Bank of America on its $15B commitment to triple affordable homeownership
Bank of America says it will triple its affordable homeownership commitment to $15B. Steve Boland, Bank of America's president of retail, joins 'Closing Bell' to discuss the commitment and wha...
As January 2021 comes to a close, we look back at the new preferred stocks introduced during the month, offering annual yields ranging from 4 to 5 percent. The highest-quality preferred stocks...
There are a few bank stocks that have risk-reward trading setups that I like here on the pullback. I added starter rating positions in three bank stocks that triggered ellipse reversal buy sig...
Bank of America strategists have an idea about what might break this bull market's back.
Despite a more than 70% gain since the March 23 lows of the last year, Bank of America stock is still trading 11% below its pre-Covid peak in February 2020. Trefis estimates Bank of America's ...
The Oracle of Omaha (and his investing team) might do a bit of shopping in the new year.
BofA CEO on 2021 Outlook, Capital Markets, Retail Trading
Jan.27 -- Bank of America Corp. Chief Executive Officer Brian Moynihan discusses his 2021 outlook and what part of the bank creates the most opportunity. He speaks to Bloomberg's David Westin.
U.S. banks pledged billions to charity in 2020 amid the pandemic and calls for racial equity.
Four big banks reported mixed results while two crushed estimates in the current reporting cycle.
There are two main ways banks can generate revenue, and here's what you need to know.
Bullish call on this big bank
CNBC's Rahel Solomon and the "Halftime Report" traders discuss a bullish analyst call on Bank of America.
Bank of America CEO Brian Moynihan on the state of the economy amid the pandemic
Bank of America CEO Brian Moynihan joined "Squawk Box" on Tuesday to discuss what he's seeing in the economy as the coronavirus pandemic lockdowns approach the one year mark.
Here's what the Oracle of Omaha is betting on for the coming year.
The asset management business is going through a transition as more and more mergers and acquisitions are taking place in the industry than ever before. Here is another case where Federal Rese...
Is (BAC) Outperforming Other Finance Stocks This Year?
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 Consumer Banking, Global Wealth & Investment Management (GWIM), Global Banking, and Global Markets segments. The Consumer Banking segment offers traditional and money market savings accounts, CDs and IRAs, noninterest- and interest-bearing checking accounts, and investment accounts and produ... [Read more...]
| Industry Banks-Diversified | Founded 1784 |
| CEO Brian Moynihan | Employees 213,000 |
| 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 36.33, which is an increase of 4.67% from the latest price.