Bank of America Corp BAC

$51.23 -0.47 (-0.91%)

Valuation

Market cap
361,525,120,000
Revenue TTM
$191,567,000,000
Net income TTM
$30,509,000,000
PE ratio
11.73
Forward PE
11.18
Profit margin
15.93%
Debt to equity
1.13

Trading

Volume
64,337,500
Avg volume
36,665,137
Day's range
$51.21 – $52.64
Shares out
6,992,749,000
Stochastic %K
35%
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

TalkMarkets Oct 17, 6:20 PM
#Earnings Begins In Chaotic Fashion $JPM $C $GS $MS $BAC https://talkmarkets.com/article/earnings-begins-in-chaotic-fashion
0 replies
TalkMarkets Oct 17, 6:18 PM
#Robinhood Vs. Robin Hood $HOOD Also Mentions: $MS $BAC $GS https://talkmarkets.com/article/robinhood-vs-robin-hood
0 replies
TheChartiste Oct 17, 4:23 PM
$BAC weekly chart . It should stabilize here
0 replies
TheOptionsOracleUSA Oct 17, 2:04 PM
$BAC 🏦 Bank of America Got Hit With an Earnings Miss, a $1.2 Billion Charge and an 8% Selloff. Now I’m Interested. BAC is deeply oversold and trading beneath every major moving average I follow. I am not interested in guessing that the selloff has gone far enough. I want the chart to prove that buyers are actually coming back before I put money behind the recovery. You can read my full analysis here: https://optionsoracle.substack.com/
0 replies
thatsolardude365 Oct 17, 7:22 AM
$BAC: half wages, half 1099. That is how each check in the $4.28M unused vacation settlement will be reported, with withholdings on the wage half. Final approval is Dec 17, no claim form needed. Open Class Actions.
0 replies
thatsolardude365 Oct 17, 4:31 AM
$BAC: the Oct 15 EY MOVEit hearing is behind us, but there is still no payment date. The $2.5M fund covers a $100 flat option or documented losses, pro rata. Claims closed Oct 8. Open Class Actions.
0 replies
OkieDokieTrader Oct 17, 4:21 AM
$BAC Monthly chart. From low (548days), to low (548 days). You be the judge on if it's a good time to buy. hahaha. You're welcome! I'd appreciate a follow. ;)
0 replies
topstockalerts Oct 16, 11:53 PM
Bank of America strategist Michael Hartnett expects risk aversion to dominate markets over the next three to four weeks as investors face higher interest rates, persistent inflation, rising energy prices and uncertainty surrounding the U.S. midterm elections and AI-related investments. He said the summer’s “extreme optimism” has ended, while a global bond selloff has pushed real yields to 3%. Hartnett is calling for a Federal Reserve rate hike in October to restore credibility after inflation remained above the central bank’s target for more than five years. His view is more hawkish than market expectations, as interest-rate swap traders reduced bets on a hike after Fed Chair Kevin Warsh reinforced expectations that rates would remain unchanged at the upcoming meeting. Investors are also questioning whether massive AI infrastructure investments and the debt required to finance them will generate sufficient returns. $BAC
0 replies