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Bank of America (BAC) Stock

Profile

Country:

United States

IPO:

21 February 1973

Indexes:

Description:

Bank of America Corporation is the largest American financial holding with assets of 2.4 trillion US dollars (as of the end of 2018). Founded in 1874 with headquarters in Charlotte, North Carolina. Through its banking and various non-banking subsidiaries located in the United States and international markets, it provides a diverse range of banking and non-banking financial services in the following segments: consumer banking services, global asset and investment management, global banking operations, and more. Bank of America serves clients in the United States and in more than 35 countries (Europe, the Middle East, and Africa). It is a global leader in corporate and investment banking and trading across a wide range of asset classes, serving corporations, governments, institutions, and individuals worldwide.

Key Details

Price

$47.80

TTM Dividend Yield

2.05%(-32.57% YoY)

Annual Revenue

$98.58 B(+3.82% YoY)

Annual EPS

$3.08(-3.45% YoY)

PE Ratio

17.38(+109.90% YoY)

Beta

0.85

Events Calendar

Earnings

Next earnings date:

Jan 16, 2025

Recent quarterly earnings:

Oct 15, 2024

Recent annual earnings:

Jan 12, 2024
Dividend

Next ex-dividend date:

Dec 06, 2024

Recent ex-dividend date:

Sept 06, 2024
Splits

Next split:

N/A

Recent split:

Aug 30, 2004

Analyst ratings

Recent major analysts updates

15 Nov '24 Wells Fargo
Overweight
08 Nov '24 Citigroup
Buy
05 Nov '24 Oppenheimer
Outperform
18 Oct '24 Phillip Securities
Accumulate
16 Oct '24 Oppenheimer
Outperform
16 Oct '24 Morgan Stanley
Overweight
16 Oct '24 Keefe, Bruyette & Woods
Outperform
16 Oct '24 Evercore ISI Group
Outperform
16 Oct '24 Barclays
Overweight
09 Oct '24 RBC Capital
Outperform

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Institutional Ownership

FSB Assigns Lower Capital Requirement to Bank of America
FSB Assigns Lower Capital Requirement to Bank of America
FSB Assigns Lower Capital Requirement to Bank of America
BAC
pymnts.com26 November 2024

On November 26, the Financial Stability Board (FSB) announced that two out of the 29 global systemically important banks (G-SIBs) changed their "buckets" in 2024. This change means that their capital requirements will be either increased or decreased compared to before.

Bank of America Announces Redemption of $2,000,000,000 1.530% Fixed/Floating Rate Senior Notes, Due December 2025
Bank of America Announces Redemption of $2,000,000,000 1.530% Fixed/Floating Rate Senior Notes, Due December 2025
Bank of America Announces Redemption of $2,000,000,000 1.530% Fixed/Floating Rate Senior Notes, Due December 2025
BAC
prnewswire.com26 November 2024

CHARLOTTE, N.C., Nov. 26, 2024 /PRNewswire/ -- Bank of America Corporation has announced that it will redeem all of its $2 billion in 1.530% Fixed/Floating Rate Senior Notes, which are due in December 2025, on December 6, 2024.

Bank of America Hits 52-Week High: Should You Buy BAC Stock Now?
Bank of America Hits 52-Week High: Should You Buy BAC Stock Now?
Bank of America Hits 52-Week High: Should You Buy BAC Stock Now?
BAC
zacks.com26 November 2024

BAC stock has reached a new high for the past year. Will the new government's policies and the company's growth strategies help maintain this positive trend?

The Smartest Dividend Stocks to Buy With $1,000 Right Now
The Smartest Dividend Stocks to Buy With $1,000 Right Now
The Smartest Dividend Stocks to Buy With $1,000 Right Now
BAC
fool.com26 November 2024

Do you want to earn more from your investments, but currently don't have much money to invest? That's perfectly fine.

Bank of America (BAC) Rises Higher Than Market: Key Facts
Bank of America (BAC) Rises Higher Than Market: Key Facts
Bank of America (BAC) Rises Higher Than Market: Key Facts
BAC
zacks.com25 November 2024

In the most recent trading session, Bank of America (BAC) finished at $47.50, which is an increase of 1.06% compared to the previous day.

BofA's private banking arm names new client advisers
BofA's private banking arm names new client advisers
BofA's private banking arm names new client advisers
BAC
reuters.com22 November 2024

On Friday, Bank of America's private banking division announced that experienced professionals Phillip Edwards and Lauren Stuhmer will be joining its Palm Beach office as private client advisers.

Final Trade: BAC, JETS, GOOGL, DAL
Final Trade: BAC, JETS, GOOGL, DAL
Final Trade: BAC, JETS, GOOGL, DAL
BAC
youtube.com21 November 2024

Join CNBC's Melissa Lee and the Fast Money traders for the last trades of the day.

Bank of Canada seen cutting rates at next meeting despite uptick in inflation during October
Bank of Canada seen cutting rates at next meeting despite uptick in inflation during October
Bank of Canada seen cutting rates at next meeting despite uptick in inflation during October
BAC
proactiveinvestors.com19 November 2024

Analysts from Bank of America Corp think that the Bank of Canada (BoC) will probably lower interest rates by 25 basis points in December, following an October inflation rate of 2%. They expect only a 25 basis point cut instead of a larger 50 basis point reduction, as inflation increased from 1.6% in September due to rising gas prices.

Warren Buffett's three biggest Q3 bets revealed
Warren Buffett's three biggest Q3 bets revealed
Warren Buffett's three biggest Q3 bets revealed
BAC
finbold.com19 November 2024

While some of Warren Buffett's stock market actions from the third quarter have been known for a while, and others, such as the sales of Apple and Bank of America stocks, received a lot of attention, the recent 13-f filing gives the most complete overview so far.

Lifting 42% YTD What Next For Bank Of America?
Lifting 42% YTD What Next For Bank Of America?
Lifting 42% YTD What Next For Bank Of America?
BAC
forbes.com19 November 2024

Bank of America's stock (NYSE: BAC) has increased by around 42% so far this year, while the S&P 500 index has risen by 25% during the same time. In comparison, Wells Fargo (NYSE: WFC), a competitor of Bank of America, has seen an even larger increase of 54% year-to-date.

FAQ

  • What is the primary business of Bank of America?
  • What is the ticker symbol for Bank of America?
  • Does Bank of America pay dividends?
  • What sector is Bank of America in?
  • What industry is Bank of America in?
  • What country is Bank of America based in?
  • When did Bank of America go public?
  • Is Bank of America in the S&P 500?
  • Is Bank of America in the NASDAQ 100?
  • Is Bank of America in the Dow Jones?
  • When was Bank of America's last earnings report?
  • When does Bank of America report earnings?
  • Should I buy Bank of America stock now?

What is the primary business of Bank of America?

Bank of America Corporation is the largest American financial holding with assets of 2.4 trillion US dollars (as of the end of 2018). Founded in 1874 with headquarters in Charlotte, North Carolina. Through its banking and various non-banking subsidiaries located in the United States and international markets, it provides a diverse range of banking and non-banking financial services in the following segments: consumer banking services, global asset and investment management, global banking operations, and more. Bank of America serves clients in the United States and in more than 35 countries (Europe, the Middle East, and Africa). It is a global leader in corporate and investment banking and trading across a wide range of asset classes, serving corporations, governments, institutions, and individuals worldwide.

What is the ticker symbol for Bank of America?

The ticker symbol for Bank of America is NYSE:BAC

Does Bank of America pay dividends?

Yes, Bank of America pays dividends. The last payment was $0.26, with an ex-dividend date on 06 September 2024

What sector is Bank of America in?

Bank of America is in the Financial Services sector

What industry is Bank of America in?

Bank of America is in the Banks - Diversified industry

What country is Bank of America based in?

Bank of America is headquartered in United States

When did Bank of America go public?

Bank of America's initial public offering (IPO) was on 21 February 1973

Is Bank of America in the S&P 500?

Yes, Bank of America is included in the S&P 500 index

Is Bank of America in the NASDAQ 100?

No, Bank of America is not included in the NASDAQ 100 index

Is Bank of America in the Dow Jones?

No, Bank of America is not included in the Dow Jones index

When was Bank of America's last earnings report?

Bank of America's most recent earnings report was on 15 October 2024

When does Bank of America report earnings?

The next expected earnings date for Bank of America is 16 January 2025

Should I buy Bank of America stock now?

As of today, analysts generally recommend a 'Buy' rating. However, it's important to do your own research and consider your financial situation before making any investment decisions