Bank of America Corp BAC

$51.70 +0.31 (0.60%)

Valuation

Market cap
359,357,376,000
Revenue TTM
$191,567,000,000
Net income TTM
$30,509,000,000
PE ratio
12.38
Forward PE
11.74
Profit margin
15.93%
Debt to equity
1.13

Trading

Volume
45,894,900
Avg volume
35,868,047
Day's range
$51.09 – $52.06
Shares out
6,992,749,000
Stochastic %K
43%
Beta
1.21
Analysts
Strong Sell
Price target
$64.85

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

Elliottwave_Trading Oct 16, 10:07 AM
$BAC is currently forming a 3-wave recovery against the 65.23 peak, which could reach the 57.22–60.29 area. At that zone, we expect to see new sellers entering the market and pushing the price lower again. #BAC #trading #elliottwave
0 replies
Elliottwave_Trading Oct 16, 10:07 AM
$BAC on the 4H chart, we can see a clear 5-wave pattern in the cycle from 65.23 peak. This suggests we may have completed only the first leg ((A)) of a deeper correction, which could be forming a zigzag pattern. #BAC #trading #elliottwave
0 replies
Elliottwave_Trading Oct 16, 10:06 AM
$BAC ended the weekly cycle from the 24.9 low in a 5-wave structure. Overall, the stock is bullish; however, at the moment, we could be seeing a deeper correction against the mentioned low. #BAC #trading #elliottwave Full breakdown & trade plans 👇 https://member.elliottwave-forecast.com/create-account/trial?fpr=vlada14
0 replies
thatsolardude365 Oct 16, 9:36 AM
$BAC: in the Merrill cash-sweep suit, the lowest tiers allegedly got 0.01% on swept cash, the top tier up to 1.06%, while fed funds topped 5%. Judge Garnett let the contract claims proceed Sept 30. Nothing to claim. Open Class Actions.
0 replies
thatsolardude365 Oct 16, 9:29 AM
$BAC: closed your Merrill Edge retirement account? In the $39M cash-sweep settlement you can pick electronic transfer instead of a check. Open accounts are paid in place. No claim form, final hearing Mar 12. Open Class Actions.
0 replies
Techdamentals Oct 16, 5:00 AM
If you follow $BAC it is worth tracking where AI infrastructure financing is being placed and at what price. The signal this week came from credit default swaps, which are simply insurance contracts on a borrower. One side pays an annual premium, the other covers a missed payment. The premium is quoted in basis points per year. Explained the whole mechanism here. https://techdamentals.com/newsletter/why-coreweaves-credit-default-swaps-hit-a-record?ref=st Educational, not advice.
0 replies
thatsolardude365 Oct 16, 4:54 AM
$BAC: left Bank of America years ago? Illinois staff go back to Sept 28, 2013 in the unused vacation deal, New York to 2017, California to 2019. No claim form, checks are automatic if approved. Open Class Actions.
0 replies
Corkman Oct 16, 2:48 AM
$BAC $WFC yeesh
0 replies