Bank of America Corp BAC

$54.58 +0.26 (0.48%)

Valuation

Market cap
379,846,112,000
Revenue TTM
$191,567,000,000
Net income TTM
$30,509,000,000
PE ratio
12.30
Forward PE
11.62
Profit margin
15.93%
Debt to equity
1.13

Trading

Volume
23,975,600
Avg volume
33,339,262
Day's range
$54.24 – $54.93
Shares out
6,992,749,000
Stochastic %K
82%
Beta
1.21
Analysts
Strong Sell
Price target
$65.42

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 13, 9:00 AM
$BAC case update: the Merrill cash-sweep suit covers Jan 2022 to Apr 2025, when the suit alleges Merrill paid as little as 0.01% on swept cash while the fed funds rate topped 5%. Lawsuit stage, nothing to claim. Open Class Actions.
0 replies
thatsolardude365 Oct 13, 8:52 AM
$BAC who-qualifies: had a Merrill Edge retirement account with swept cash Dec 2016 to Mar 2020? The $39M settlement alleges sweep rates of 0.05% to 0.14% when rivals paid about 2%. Notice due by Dec 4. Open Class Actions.
0 replies
Elliottwave_Trading Oct 13, 7:08 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 13, 7:03 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 13, 7:01 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
itsallaboutheoptions Oct 13, 5:40 AM
$XLF $BAC read between the lines
0 replies
ShadyAggie40 Oct 13, 5:39 AM
$SPY $JPM $BAC $C Financials just as bad as Tech , they have every incentive to keep AI narrative alive to make fast fees on debt issuance and loans , along with pumping tech
0 replies
Techdamentals Oct 13, 4:15 AM
$BAC reports Wednesday before the open. Its last quarter had revenue of $31.6B, up 15%, and net income of $9.1B, up 27%. Net interest income, the gap between what it earns on loans and pays on deposits, was $16.0B. Here is what the company's own reported numbers say, read in plain English by the Techdamentals IV Calculator. What do its fundamentals actually say? 👇 https://techdamentals.com/v3/BAC?ref=st Educational, not advice.
0 replies