Bank of America Corp BAC

$50.01 -1.13 (-2.21%)

Valuation

Market cap
349,707,360,000
Revenue TTM
$191,567,000,000
Net income TTM
$30,509,000,000
PE ratio
11.68
Forward PE
11.32
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 Nov 1, 11:05 AM
$BAC: who is in the Merrill sweep case? Three programs: Bank Deposit and Direct Deposit for regular accounts, plus the Retirement Asset Savings Program. Edge and advised accounts both count. Nothing to claim. Open Class Actions.
0 replies
thatsolardude365 Nov 1, 10:40 AM
$BAC: watch for Merrill cash sweep notice by Dec. 4. JND sends it by email or postcard for the $39M Valelly deal, preliminarily approved Oct. 7. No form: pay is automatic after final approval. Open Class Actions.
0 replies
thatsolardude365 Nov 1, 5:53 AM
$BAC: the test in Nguyen is in Workday. You are in if vacation accrued in your final year, plus carryover, topped what Workday shows as used, and you got no payout. $4.28M fund, automatic pay if approved. Open Class Actions.
0 replies
Techdamentals Nov 1, 4:29 AM
Bank of America has signalled interest in stablecoin activity under a clear regulatory framework. $BAC is one to watch for how large banks position themselves against private issuers. Video: https://www.youtube.com/watch?v=dQpYuAGMLNc Written version: https://techdamentals.com/newsletter/can-stablecoin-and-usdt-be-frozen-the-theft-is-the-news?ref=st What is it worth? 👇 https://techdamentals.com/v/BAC?ref=st Educational, not advice.
0 replies
thatsolardude365 Oct 31, 1:54 PM
$BAC: one boundary in the EY MOVEit deal: it resolves only EY and Bank of America. Claims against Progress Software, which licensed MOVEit Transfer, are not resolved and that litigation continues. Claims closed. Open Class Actions.
0 replies
GlobalTradersAcademy Oct 31, 1:22 PM
Worth a look at $BAC right now. The stock is down about 1% from a week ago, at its lowest level in a month. $SPY $QQQ Full read has the key price levels to watch. What's your read on $BAC here? Full story: https://globaltradersacademy.com/articles/bank-of-america-bac-smart-money-check-options-flow-insider-trades-and?utm_source=stocktwits&utm_medium=social Free 14-day trial: https://globaltradersacademy.com/start-trial?a=stocktwits&sym=BAC&tool=terminal
0 replies
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