Bank of America Corp BAC

$50.01 -1.13 (-2.21%)

Valuation

Market cap
357,609,216,000
Revenue TTM
$191,567,000,000
Net income TTM
$30,509,000,000
PE ratio
11.61
Forward PE
11.25
Profit margin
15.93%
Debt to equity
1.07

Trading

Volume
43,074,600
Avg volume
38,346,238
Day's range
$49.78 – $51.34
Shares out
6,992,749,000
Stochastic %K
10%
Beta
1.21
Analysts
Strong Sell
Price target
$62.62

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

thatsolardude365 Oct 31, 3:41 AM
$BAC: what survived in the Merrill sweep suit? Breach of contract, good faith, and NY deceptive practices claims move ahead against Merrill alone after Sept 30. No class certified, nothing to claim. Open Class Actions.
0 replies
thatsolardude365 Oct 31, 3:12 AM
$BAC: the rate gap is the Merrill cash sweep case. Plaintiffs allege swept retirement cash paid 0.05% to 0.14% while other brokerages paid about 2%. $39M deal preliminarily approved, pay is automatic. Open Class Actions.
0 replies
thatsolardude365 Oct 30, 9:16 PM
$BAC: fees come off the top in Nguyen. Up to one third of the $4.28M vacation fund, about $1.43M, plus roughly $250K in expenses, before former CA, NY and IL staff are paid automatically. No claim form. Open Class Actions.
0 replies
SuperBusa Oct 30, 6:52 PM
$BAC
0 replies
Ro_Patel Oct 30, 6:45 PM
$GEV has signed an agreement to buy Trench Group from Triton Partners for $9B using cash & debt - closing expected in late 2027 Trench, a high-voltage grid equipment maker, supplies electrical equipment to more than 800 utility companies & large-scale computing customers. Employs more than 3,000 people. Runs 11 manufacturing facilities in 8 countries Trench is expected to bring in $1.9B in 2028 revs, w/ an adj'd EBITDA margin of approximately 36%. This means the $9B purchase price represents about 13x its projected ajd'd EBITDA, ex-synergies Trench has a backlog of $5B $GS & $UBS acted as financial advisors to GE Vernova - $BAC & $MS acted as financial advisor to Triton Partners
0 replies
JusABattleRapFan Oct 30, 5:54 PM
$BAC new lows lol. incredible was at 52 yday to below 50 today
0 replies
focafoca99 Oct 30, 5:50 PM
$BAC suffers a DOJ criminal probe push and securities class action over AML violations. https://www.rapidticker.com/news/bac-bac-subject-to-increasing-scrutiny-0b0d42
0 replies
gigabucks Oct 30, 5:25 PM
$BAC will she hold 50?
0 replies