Bank of America Corp BAC

$51.08 +0.30 (0.59%)

Valuation

Market cap
355,091,808,000
Revenue TTM
$191,567,000,000
Net income TTM
$30,509,000,000
PE ratio
11.56
Forward PE
11.16
Profit margin
15.93%
Debt to equity
1.07

Trading

Volume
37,442,700
Avg volume
37,920,234
Day's range
$50.20 – $51.21
Shares out
6,992,749,000
Stochastic %K
32%
Beta
1.21
Analysts
Strong Sell
Price target
$62.88

Price

Company profile

Bank of America Corporation, through its subsidiaries, provides various financial products and services for individual consumers, small and middle-market businesses, institutional investors, large corporations, and governments worldwide. It operates through four segments: Consumer Banking, Global Wealth & Investment Management (GWIM), Global Banking, and Global Markets. The Consumer Banking segment offers traditional...

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Bank of America Corporation, through its subsidiaries, provides various financial products and services for individual consumers, small and middle-market businesses, institutional investors, large corporations, and governments worldwide. It operates through four segments: Consumer Banking, Global Wealth & Investment Management (GWIM), Global Banking, and Global Markets. The Consumer Banking segment offers traditional and money market savings accounts, certificates of deposit and IRAs, checking accounts, and investment accounts and products; credit and debit cards; residential mortgages and home equity loans; and direct and indirect loans. The GWIM segment provides investment management, brokerage, banking, and trust and retirement products and services; wealth management solutions; and customized solutions, including specialty asset management services. The Global Banking segment offers lending products and services, including commercial loans, leases, commitment facilities, trade finance, and commercial real estate and asset-based lending; treasury solutions, and underwriting and advisory services. The Global Markets segment provides market-making, financing, securities clearing, settlement, and custody services; securities and derivative products; and risk management products using interest rate, equity, credit, currency and commodity derivatives, foreign exchange, fixed-income, and mortgage-related products. Bank of America Corporation was founded in 1784 and is based in Charlotte, North Carolina.

Industry
Banks - Diversified
Sector
Financial Services
Phone
(704) 386-5681
Website
https://www.bankofamerica.com
Address
Bank of America Corporate Center, 100 North Tryon Street, Charlotte, United States

Latest news

Stocktwits

Rockafellar Oct 23, 2:34 AM
$BAC
0 replies
topstockalerts Oct 23, 1:55 AM
Major U.S. banks are detecting unauthorized third-party AI agents operating within customer accounts, with some reportedly attempting actions that appear to go beyond users’ instructions, according to Axios, citing people familiar with the matter. Morgan Stanley, Bank of America, JPMorgan Chase, Wells Fargo and other major lenders are working urgently to contain the emerging risks associated with autonomous AI tools. The incidents raise concerns that AI agents connected to financial platforms could access sensitive customer data, interact with banking services or attempt transactions without proper authorization. Unlike conventional software, autonomous agents can independently execute multistep tasks, potentially creating new vulnerabilities if permissions, identity verification and monitoring systems are inadequate. $MS $BAC $JPM $WFC
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ScottsdaleMortgageBanker Oct 23, 1:13 AM
$BAC @Techdamentals 😂😂😂😮‍💨😮‍💨 what about delinquent mortgages default is coming sir 😂😂😂😂😂  wait for the payment shock to kick in next year 
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ScottsdaleMortgageBanker Oct 23, 1:07 AM
$BAC love the guy taking about mortgages wait until default hit sir 😮‍💨🔥🔥🔥
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ScottsdaleMortgageBanker Oct 23, 1:06 AM
$BAC AI taking control of accounts 🥶
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moneybag888 Oct 22, 11:09 PM
$FCNCA $BAC $C $MS $ORCL
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Techdamentals Oct 22, 10:44 PM
$BAC is one of the largest U.S. consumer banks, with a deposit and mortgage book that is directly priced off the Fed's rate path, which is why this story matters to its business model. Economists now expect the Fed to raise rates again in December after a unanimous September hike to 3.75%-4.00%, and nearly 60% see the rate eventually settling between 4.00% and 4.25%. A bank like this one earns more on loans as rates rise but can also pay more to keep deposits, so the net effect depends on the mix of its loan book, which varies quarter to quarter. Full explainer, plain English: https://youtu.be/AuAcF3-wbDc Educational, not advice. https://techdamentals.com/newsletter/why-is-the-fed-raising-rates-again?ref=st
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thatsolardude365 Oct 22, 9:33 PM
$BAC: which Merrill accounts are in the cash-sweep suit? Three programs: Bank Deposit, Direct Deposit, and Retirement Asset Savings, for both Merrill Edge and advised accounts. No class certified, nothing to claim. Open Class Actions.
0 replies