Bank of America Corp BAC

$50.56 -0.52 (-1.02%)

Valuation

Market cap
353,553,408,000
Revenue TTM
$191,567,000,000
Net income TTM
$30,509,000,000
PE ratio
11.66
Forward PE
11.30
Profit margin
15.93%
Debt to equity
1.07

Trading

Volume
27,377,600
Avg volume
37,921,660
Day's range
$50.30 – $50.92
Shares out
6,992,749,000
Stochastic %K
23%
Beta
1.21
Analysts
Strong Sell
Price target
$62.85

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

AlphaBull_10M Oct 26, 12:18 PM
$JPM $BAC $C $SCHW $FAS Folks, AI agents are attempting to login to all major financial firms with proper authorization, and banks are blocking them. Even if you use common two factor authentication, if you gave userid & password to the Agent, and Agent also has access to your email or phone text message. Also consider: ■ Instead of receiving challenge code via email or text, I have to start the app on my phone and hit the "Approve" button, and then it does the face recognition check. ■ Turn on option to forces PIN code and face recognition before the app can be opened. ■ Don't let browser save your userid and password for ease of login. One day, Agent may be able to access that without your approval. ■ Do not use same userid and password for multiple sites as many small non-financial sites are very easy to hack. ■ Consider using a distinct email and phone # for each bank and broker where you have most money. I mix (free) google phone with non google email.
0 replies
thatsolardude365 Oct 26, 11:31 AM
$BAC: 28 days left to dispute your estimate in the $4.28M unused vacation deal. Former CA, NY and IL staff who left with unpaid vacation can opt out, object or dispute by Nov 23. No claim form. Open Class Actions.
0 replies
TopOptionAlert Oct 26, 8:50 AM
$BAC NOV20 52C · actionable here Zone: $50.21 to $50.91 Invalidation: close under $49.25 Objectives: $53, then $55 The math: up 4.8% to the first objective and 8.8% to the second, against 2.6% risk on the invalidation, better than 3 to 1 to the second. Friend, picture a big bank that took a hard hit and then stopped falling. Bank of America reported on October 14 after a large penalty charge, and the stock slid to near 49 dollars and 25 cents before buyers stepped in. Since then it has held near 50 dollars, with Friday closing at 50 dollars and 56 cents after a low of 50 dollars and 30 cents. This swing buys that steady floor, with room first toward 53 and then toward 55, while a close under 49 dollars and 25 cents says the floor gave way and you step aside. P.S. Watch 50 dollars and 92 cents, the Friday high, since a move over it shows buyers pressing again.
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thatsolardude365 Oct 26, 12:17 AM
$BAC: the EY MOVEit settlement is approved, but it does not end the MOVEit fight. It resolves EY and Bank of America only; claims against Progress Software, which licensed MOVEit Transfer, continue. Claims closed. Open Class Actions.
0 replies
Murphwi1 Oct 25, 10:57 PM
$BAC $HOOD $JPM $SCHW $SPY
0 replies
MKRReformed Oct 25, 10:44 PM
Just an fyi, but a person I know works on Fidelity’s UX side claims they had an “all hands on deck” meeting on Friday. He said he couldn’t specify but it was said in relation to a post on my IG regarding the cyber attacks Realistically if they’re being hit, then it’s best to assume EVERYONE is being hit. Make sure you have your two verification and everything else on lock $JPM $HOOD $SCHW $BAC $SPY
4 replies
TopOptionAlert Oct 25, 10:56 AM
$BAC NOV20 52C · still actionable Zone: $50.24 to $50.94 Invalidation: close under $49.25 Objectives: $55, then $58 The math: up 8.7% to the first objective and 14.6% to the second, against 2.7% risk on the invalidation, better than 5 to 1 to the second. This is a swing setup, and the picture is plain. Dear friend, picture a big bank on sale after a rough month. Bank of America closed Friday at 50 dollars and 59 cents, down about 11 percent in a month, yet it still sits above its recent floor near 49 dollars and 25 cents. The street still expects about 63 dollars on average, so the gap between the price and the story is wide. If that floor holds, the walk back toward 55, then 58, is open, and a close under 49.25 tells you the idea is wrong. P.S. Watch the October 28 Federal Reserve decision: a calm rate message is the kind of news that lets beaten down banks breathe again.
0 replies
thatsolardude365 Oct 25, 10:47 AM
$BAC: what survived in the Merrill cash-sweep suit? Breach of contract, good faith, and NY deceptive practices claims move ahead against Merrill alone. Negligence and unjust enrichment are out. Nothing to claim. Open Class Actions.
0 replies