Bank of America Corp BAC

$53.73 -0.70 (-1.29%)

Valuation

Market cap
380,615,328,000
Revenue TTM
$191,567,000,000
Net income TTM
$30,509,000,000
PE ratio
12.61
Forward PE
11.80
Profit margin
15.93%
Debt to equity
1.13

Trading

Volume
60,049,400
Avg volume
32,840,176
Day's range
$52.89 – $54.34
Shares out
6,992,749,000
Stochastic %K
16%
Beta
1.15
Analysts
Strong Sell
Price target
$66.69

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

topstockalerts Oct 2, 12:36 AM
Bank of America’s Merrill Lynch unit will pay $39 million to settle a class-action lawsuit alleging that it paid brokerage clients near-zero interest rates instead of market rates on unused cash in retirement accounts. The preliminary settlement was filed in Manhattan federal court and requires approval from Judge Valerie Caproni. The settlement covers Merrill Edge online account holders between Dec. 15, 2016 and March 15, 2020, who allegedly received rates of 0.05%-0.14%, while some competitors paid around 2%. Merrill Lynch denied wrongdoing. In a separate case, Judge Margaret Garnett ruled that most of another class action covering retirement and non-retirement accounts can proceed. Similar lawsuits have targeted major banks and brokers over alleged cash-sweep practices that moved client funds into low-interest accounts. Merrill also agreed in January 2025 to pay $25 million to settle related SEC claims without admitting wrongdoing. $BAC
0 replies
bullishoverbears Oct 1, 8:05 PM
$BAC in my opinion the bottom is in or very near at these levels
0 replies
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0 replies
lousyjets Oct 1, 6:11 PM
$ORCL $BAC $GOOGL $DRAM for short term calls.
0 replies
UpDownSidways Oct 1, 4:55 PM
$SPY by the way look at banks they are all selling off hard also $BAC $WFC
1 replies
emeraldbayrider Oct 1, 4:26 PM
$MS $GS $BAC $JPM 3k shares of GS if typo add of $ not obvious. Here's a fun update: the 10Y UST hit the high yiled going back to 2002! this morning... and right now it is rolling over. Time for GS and MS to drop the clutch and rip!
0 replies
emeraldbayrider Oct 1, 4:13 PM
$MS $GS do you think either of these has huge underwater bond and com'l real estate portfolios relative to capital like $BAC and $JPM? I know they don't... Just put on 25k of $MS and$3K of GS while the RSI is on the floor and everyone long is hanging off the back of the ship blowing lunch. Those short down here really ought to do some rememedial study of this important reading:
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UCIdidmyDD Oct 1, 4:11 PM
$SPY look at those weekly bank stocks! $BAC already well below 200 macd early cross. loooooonnnnngggggg way down with high interest rates, commercial defaults and retail trauma. etc etc etc answer!? faz
0 replies