Bank of America Corp BAC

$54.32 +0.71 (1.32%)

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
28,781,300
Avg volume
33,405,770
Day's range
$53.41 – $54.40
Shares out
6,992,749,000
Stochastic %K
63%
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

KryptonResearch14 Oct 12, 6:00 AM
$BAC The bar for Wednesday’s print has been quietly lowered. Consensus is down about 7% over the last month to 1.11 a share (AlphaStreet), and it’s the only big bank with estimates below where they were right after Q2. That’s a friendlier setup than the tape suggests. The stock is down ~13% over the last month to 54.32, while BAC has beaten estimates four quarters in a row. The estimates span 1.01 to 1.25 though, so the street isn’t sure where the quarter lands. NII and capital markets activity are where the uncertainty sits.
0 replies
Techdamentals Oct 12, 3:47 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
dreambig1 Oct 12, 1:17 AM
$BAC see you at $60 in a month
0 replies
peloswing Oct 12, 1:09 AM
$WFC Wells Fargo bouncing off long-term trendline support here ahead of earnings this Tuesday pre-market. Implied move of ±4.72%. Will also move in sympathy with the other banks reporting this week, like $JPM $GS $BAC etc. If we see the 50 DMA reclaimed, that opens up a path to drift back up to ATHs 🏦
1 replies
Higreg Oct 11, 11:45 PM
$BAC $JNJ $JPM $SPY - You don’t want to be short next week !
0 replies
PivotPoint_101 Oct 11, 11:20 PM
$SPY $JNJ $BAC $JPM Earnings kick off
1 replies
Armencho Oct 11, 8:23 PM
$BAC short big time loser here
0 replies
snowPOW Oct 11, 6:44 PM
$BB BB BlackBerry kept its cryptography patents and has major banks as clients. $V $MA hold 90% of transactions outside China. $BAC https://en.ilsole24ore.com/art/a-european-alternative-to-the-giants-visa-and-mastercard-has-emerged-AJFmLoTB The world of how people, goods and even financial assets move is changing.
0 replies