Summary
41.75 -0.57(-1.35%)10/21/2024
Bank Of America Corp. (BAC)
Bank Of America Corp. (BAC)
Key Facts
| 1 Day | 1 Week | 1 Month | 3 Months | 6 Months | 1 Year | 5 Years | All Time |
| -1.82 | -0.41 | 4.64 | -1.31 | 10.65 | 63.28 | 48.26 | 2,525.79 |
Last 730 data points are shown. To view all data, Upgrade to PRO plan with only $1
| Trading Data | ||
| Close | 41.75 | |
| Open | 42.25 | |
| High | 42.41 | |
| Low | 41.74 | |
| Volume | 21,509,650 | |
| Change | -0.78 | |
| Change % | -1.82 | |
| Avg Volume (20 Days) | 26,647,635 | |
| Volume/Avg Volume (20 Days) Ratio | 0.81 | |
| 52 Week Range | 24.96 - 44.44 | |
| Price vs 52 Week High | -6.05% | |
| Price vs 52 Week Low | 67.27% | |
| Range | -1.18 | |
| Gap Up/Down | -0.40 | |
Fundamentals | ||
| Market Capitalization (Mln) | 306,659 | |
| EBIDTA | 0 | |
| PE Ratio | 13.2586 | |
| PEG Ratio | 3.6935 | |
| WallStreet Target Price | 39.81 | |
| Book Value | 33.7050 | |
| Earnings Per Share | 2.9000 | |
| EPS Estimate Current Quarter | 0.7600 | |
| EPS Estimate Next Quarter | 0.8000 | |
| EPS Estimate Current Year | 3.2600 | |
| EPS Estimate Next Year | 3.5700 | |
| Diluted EPS (TTM) | 2.9000 | |
| Revenues | ||
| Profit Marging | 0.2681 | |
| Operating Marging (TTM) | 0.2964 | |
| Return on asset (TTM) | 0.0077 | |
| Return on equity (TTM) | 0.0872 | |
| Revenue TTM | 93,358,997,504 | |
| Revenue per share TTM | 11.6640 | |
| Quarterly Revenue Growth (YOY) | -0.0330 | |
| Quarterly Earnings Growth (YOY) | -0.1940 | |
| Gross Profit (TTM) | 92,407,000,000 | |
| Dividends | ||
| Dividend Share | 0.9400 | |
| Dividend Yield | 0.0250 | |
| Valuations | ||
| Trailing PE | 13.2586 | |
| Forward PE | 11.0865 | |
| Price Sales (TTM) | 0.0000 | |
| Price Book (MRQ) | 1.0728 | |
| Revenue Enterprise Value | 0.0000 | |
| EBITDA Enterprise Value | 0.0000 | |
| Shares | ||
| Shares Outstanding | 7,820,369,920 | |
| Shares Float | 7,792,607,990 | |
| Shares Short | 0 | |
| Shares Short (Prior Month) | 0 | |
| Shares Ratio | 0.00 | |
| Short Outstanding (%) | 0.00 | |
| Short Float (%) | 0.01 | |
| Insider (%) | 13.29 | |
| Institutions (%) | 59.92 | |
10/22 03:47 EST - seekingalpha.com
Bank of America: Buffett Selling Should Not Distract From Preferred Share
Bank of America's preferred shares offer attractive fixed dividend yields, especially BAC.PB and BAC.PK, despite loan performance challenges and Warren Buffett selling common shares. The bank's net interest income remains strong, with loans generating more interest income, although higher interest expenses persist. Bank of America's loan growth outpaces the commercial banking sector, and they have maintained a low loan to deposit ratio since the pandemic.
Bank of America: Buffett Selling Should Not Distract From Preferred Share
Bank of America's preferred shares offer attractive fixed dividend yields, especially BAC.PB and BAC.PK, despite loan performance challenges and Warren Buffett selling common shares. The bank's net interest income remains strong, with loans generating more interest income, although higher interest expenses persist. Bank of America's loan growth outpaces the commercial banking sector, and they have maintained a low loan to deposit ratio since the pandemic.
10/21 10:51 EST - fool.com
Big Banks Report
We also kick off a series exploring Warren Buffett's Berkshire Hathaway.
Big Banks Report
We also kick off a series exploring Warren Buffett's Berkshire Hathaway.
10/20 21:03 EST - reuters.com
BofA extends guaranteed FX rate window to a year
Bank of America on Monday extended its guaranteed exchange rates by up to one year, the longest tenor in the industry, in an effort to reduce the risks to cross-currency transactions amid rising volumes.
BofA extends guaranteed FX rate window to a year
Bank of America on Monday extended its guaranteed exchange rates by up to one year, the longest tenor in the industry, in an effort to reduce the risks to cross-currency transactions amid rising volumes.
10/20 21:00 EST - prnewswire.com
BofA Extends Guaranteed FX Rates Up to 1-Year
Extension Follows Growth In Cross-Border Payments Company Named World's Best Bank for FX Payments NEW YORK and SINGAPORE and LONDON , Oct. 20, 2024 /PRNewswire/ -- Bank of America is simplifying the management of foreign exchange (FX) risk associated with cross-currency payments and receipts with the introduction of Guaranteed FX Rates of up to 1-year1, the longest tenor available in the industry today. Using this strategic solution can help companies mitigate exposure to currency fluctuations and simplify treasury management processes such as forecasting and reconciliation.
BofA Extends Guaranteed FX Rates Up to 1-Year
Extension Follows Growth In Cross-Border Payments Company Named World's Best Bank for FX Payments NEW YORK and SINGAPORE and LONDON , Oct. 20, 2024 /PRNewswire/ -- Bank of America is simplifying the management of foreign exchange (FX) risk associated with cross-currency payments and receipts with the introduction of Guaranteed FX Rates of up to 1-year1, the longest tenor available in the industry today. Using this strategic solution can help companies mitigate exposure to currency fluctuations and simplify treasury management processes such as forecasting and reconciliation.
10/20 05:59 EST - fool.com
Warren Buffett Dumps Nearly $10 Billion of 1 Key Stock and Buys $345 Million of His Favorite Stock. Here's What You Need to Know.
Why is Buffett quietly offloading a significant chunk of Berkshire Hathaway's long-held stake in Bank of America?
Warren Buffett Dumps Nearly $10 Billion of 1 Key Stock and Buys $345 Million of His Favorite Stock. Here's What You Need to Know.
Why is Buffett quietly offloading a significant chunk of Berkshire Hathaway's long-held stake in Bank of America?
10/19 14:51 EST - nypost.com
Bank of America may be looking to drop longtime CEO Brian Moynihan
Inside Bank of America the troops are getting restless, and for plenty of reasons. Culturally, Brian Moynihan is an odd fit for an outfit that's based on wheeling and dealing.
Bank of America may be looking to drop longtime CEO Brian Moynihan
Inside Bank of America the troops are getting restless, and for plenty of reasons. Culturally, Brian Moynihan is an odd fit for an outfit that's based on wheeling and dealing.
10/19 11:40 EST - seekingalpha.com
Bank Of America: A 6% Preferred Dividend Yield Remains Attractive
Bank of America's Q3 results show solid net interest income and well-covered preferred dividends, with a net profit of $6.9B and EPS of $0.816. The bank's CET1 ratio remains stable at 11.8%, despite dividend payments and stock buybacks, indicating strong financial health. The Series GG preferred shares offer a 6% yield but carry an imminent call risk, making them less attractive for new investments.
Bank Of America: A 6% Preferred Dividend Yield Remains Attractive
Bank of America's Q3 results show solid net interest income and well-covered preferred dividends, with a net profit of $6.9B and EPS of $0.816. The bank's CET1 ratio remains stable at 11.8%, despite dividend payments and stock buybacks, indicating strong financial health. The Series GG preferred shares offer a 6% yield but carry an imminent call risk, making them less attractive for new investments.
10/18 16:15 EST - prnewswire.com
Bank of America Declares Preferred Stock Dividends for Fourth Quarter 2024
CHARLOTTE, N.C. , Oct. 18, 2024 /PRNewswire/ -- Bank of America Corporation today announced the Board of Directors has authorized regular cash dividends on the outstanding shares or depositary shares of the following series of preferred stock: Series of Preferred Stock Dividend per Share or Depositary Share 1 Record Date Payment Date Floating Rate Non-Cumulative Preferred Stock, Series E $0.36606 October 31 November 15 Floating Rate Non-Cumulative Preferred Stock, Series F $1,417.64097 November 29 December 16 Adjustable Rate Non-CumulativePreferred Stock, Series G $1,417.64097 November 29 December 16 Floating Rate Non-CumulativePreferred Stock, Series 1 $0.38077 November 15 November 29 Floating Rate Non-Cumulative Preferred Stock, Series 2 $0.38284 November 15 November 29 Floating Rate Non-Cumulative Preferred Stock, Series 4 $0.38923 November 15 November 29 Floating Rate Non-Cumulative Preferred Stock, Series 5 $0.37616 November 1 November 21 6.000% Non-CumulativePreferred Stock, Series GG $0.3750000 November 1 November 18 5.375% Non-Cumulative Preferred Stock, Series KK $0.3359375 December 1 December 26 5.000% Non-Cumulative Preferred Stock, Series LL $0.3125000 December 1 December 17 4.250% Non-CumulativePreferred Stock, Series QQ $0.2656250 November 1 November 18 4.750% Non-Cumulative Preferred Stock, Series SS $0.2968750 November 1 November 18 1 Each series of preferred stock, other than Series F and Series G, is represented by depositary shares.
Bank of America Declares Preferred Stock Dividends for Fourth Quarter 2024
CHARLOTTE, N.C. , Oct. 18, 2024 /PRNewswire/ -- Bank of America Corporation today announced the Board of Directors has authorized regular cash dividends on the outstanding shares or depositary shares of the following series of preferred stock: Series of Preferred Stock Dividend per Share or Depositary Share 1 Record Date Payment Date Floating Rate Non-Cumulative Preferred Stock, Series E $0.36606 October 31 November 15 Floating Rate Non-Cumulative Preferred Stock, Series F $1,417.64097 November 29 December 16 Adjustable Rate Non-CumulativePreferred Stock, Series G $1,417.64097 November 29 December 16 Floating Rate Non-CumulativePreferred Stock, Series 1 $0.38077 November 15 November 29 Floating Rate Non-Cumulative Preferred Stock, Series 2 $0.38284 November 15 November 29 Floating Rate Non-Cumulative Preferred Stock, Series 4 $0.38923 November 15 November 29 Floating Rate Non-Cumulative Preferred Stock, Series 5 $0.37616 November 1 November 21 6.000% Non-CumulativePreferred Stock, Series GG $0.3750000 November 1 November 18 5.375% Non-Cumulative Preferred Stock, Series KK $0.3359375 December 1 December 26 5.000% Non-Cumulative Preferred Stock, Series LL $0.3125000 December 1 December 17 4.250% Non-CumulativePreferred Stock, Series QQ $0.2656250 November 1 November 18 4.750% Non-Cumulative Preferred Stock, Series SS $0.2968750 November 1 November 18 1 Each series of preferred stock, other than Series F and Series G, is represented by depositary shares.
10/18 09:45 EST - seekingalpha.com
Bank of America: Reasonable Value On Upcoming NIM Expansion
Bank of America stock has been fairly lackluster over the past two years or so, trailing close peer JPMorgan significantly in that time. The bank's net interest margin hasn't quite seen the same degree of upside from higher interest rates, but that should change over the full course of the cycle. Upside to NIM can drive profitability closer to management's goal. At 11x forward EPS estimates, the stock looks like a reasonable value for long-term investors.
Bank of America: Reasonable Value On Upcoming NIM Expansion
Bank of America stock has been fairly lackluster over the past two years or so, trailing close peer JPMorgan significantly in that time. The bank's net interest margin hasn't quite seen the same degree of upside from higher interest rates, but that should change over the full course of the cycle. Upside to NIM can drive profitability closer to management's goal. At 11x forward EPS estimates, the stock looks like a reasonable value for long-term investors.
10/18 09:15 EST - barrons.com
Berkshire Sold Bank of America Stock Again. Here's Why.
The sale brought the firm's stake back below 10%.
Berkshire Sold Bank of America Stock Again. Here's Why.
The sale brought the firm's stake back below 10%.
10/18 04:40 EST - fool.com
Big Bank Stocks Climb. 3 Stocks to Consider Adding to Your Portfolio.
Big banks should see NII start to improve as the yield curve normalizes.
Big Bank Stocks Climb. 3 Stocks to Consider Adding to Your Portfolio.
Big banks should see NII start to improve as the yield curve normalizes.
10/17 18:37 EST - reuters.com
Buffett's Berkshire continues to reduce Bank of America stake
Billionaire Warren Buffett's Berkshire Hathaway has unloaded more Bank of America stock as it continues to trim stake in the U.S. banking giant, according to a regulatory filing.
Buffett's Berkshire continues to reduce Bank of America stake
Billionaire Warren Buffett's Berkshire Hathaway has unloaded more Bank of America stock as it continues to trim stake in the U.S. banking giant, according to a regulatory filing.
10/17 13:32 EST - seekingalpha.com
Bank of America: Q3 Points To Upside Breakout (Technical Analysis)
Bank of America reported strong 3Q24 results, driven by higher investment banking fees and trading revenues, despite increased loan losses affecting its credit profile. The bank's net interest income grew QoQ, with a positive outlook for mortgage and auto loans, though YoY growth was impacted by higher deposit costs. Technically, the stock is bullish, breaking above key moving averages, and remains undervalued compared to peers, suggesting potential for further upside.
Bank of America: Q3 Points To Upside Breakout (Technical Analysis)
Bank of America reported strong 3Q24 results, driven by higher investment banking fees and trading revenues, despite increased loan losses affecting its credit profile. The bank's net interest income grew QoQ, with a positive outlook for mortgage and auto loans, though YoY growth was impacted by higher deposit costs. Technically, the stock is bullish, breaking above key moving averages, and remains undervalued compared to peers, suggesting potential for further upside.
10/17 07:25 EST - fool.com
Why Warren Buffett Just Sold $10.5 Billion Worth of One of Berkshire Hathaway's Largest Holdings
Bank of America was once Berkshire Hathaway's second-largest position, but Buffett has sold about 25% of it so far.
Why Warren Buffett Just Sold $10.5 Billion Worth of One of Berkshire Hathaway's Largest Holdings
Bank of America was once Berkshire Hathaway's second-largest position, but Buffett has sold about 25% of it so far.
10/16 19:05 EST - zacks.com
Earnings Results Provide Reassuring Economic View
Note: The following is an excerpt from this week's Earnings Trends report. You can access the full report that contains detailed historical actual and estimates for the current and following periods, please click here>>>
Earnings Results Provide Reassuring Economic View
Note: The following is an excerpt from this week's Earnings Trends report. You can access the full report that contains detailed historical actual and estimates for the current and following periods, please click here>>>
10/16 16:15 EST - prnewswire.com
Bank of America Declares Fourth Quarter 2024 Stock Dividends
CHARLOTTE, N.C. , Oct. 16, 2024 /PRNewswire/ -- Bank of America Corporation today announced the Board of Directors declared a regular quarterly cash dividend on Bank of America common stock of $0.26 per share, payable on December 27, 2024 to shareholders of record as of December 6, 2024.
Bank of America Declares Fourth Quarter 2024 Stock Dividends
CHARLOTTE, N.C. , Oct. 16, 2024 /PRNewswire/ -- Bank of America Corporation today announced the Board of Directors declared a regular quarterly cash dividend on Bank of America common stock of $0.26 per share, payable on December 27, 2024 to shareholders of record as of December 6, 2024.
10/16 09:00 EST - zacks.com
Time for Big Bank ETFs on Upbeat Earnings?
A positive momentum has been noticed in the field of bank earnings. Related stocks and ETFs should gain in the near term.
Time for Big Bank ETFs on Upbeat Earnings?
A positive momentum has been noticed in the field of bank earnings. Related stocks and ETFs should gain in the near term.
10/16 07:54 EST - seekingalpha.com
Bank of America Q3: Why I Sold Shares After Earnings
Bank of America released its third quarter earnings Yesterday. The release beat expectations on revenue as well as on earnings per share. Shortly after the release came out, I sold 33% of my shares.
Bank of America Q3: Why I Sold Shares After Earnings
Bank of America released its third quarter earnings Yesterday. The release beat expectations on revenue as well as on earnings per share. Shortly after the release came out, I sold 33% of my shares.
10/16 07:30 EST - marketbeat.com
Bank of America Earnings Uncover Shifts in Consumer Spending
Earnings season has kicked off, and as usual, the banking and finance sector pushes the envelope first to show investors where the next market trend might be headed. Considering that financial services and markets make up a large portion of the United States economy, investors need to be able to understand what banking earnings mean.
Bank of America Earnings Uncover Shifts in Consumer Spending
Earnings season has kicked off, and as usual, the banking and finance sector pushes the envelope first to show investors where the next market trend might be headed. Considering that financial services and markets make up a large portion of the United States economy, investors need to be able to understand what banking earnings mean.