Bank of America Corp BAC

$54.96 -0.51 (-0.92%)

Valuation

Market cap
387,887,808,000
Revenue TTM
$191,567,000,000
Net income TTM
$30,509,000,000
PE ratio
13.00
Forward PE
12.16
Profit margin
15.93%
Debt to equity
1.13

Trading

Volume
31,666,586
Avg volume
32,621,039
Day's range
$54.73 – $55.55
Shares out
6,992,749,000
Stochastic %K
6%
Beta
1.15
Analysts
Strong Sell
Price target
$66.62

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

topstockalerts Sep 30, 1:47 AM
Paramount Skydance has launched its long-awaited investment-grade bond offering, the largest component of a $52 billion syndicated debt package to finance its acquisition of Warner Bros. Discovery. The company is offering senior dollar bonds across eight tranches with maturities ranging from two to 40 years, targeting about $32 billion, which would make it the fifth-largest U.S. investment-grade bond sale on record. Initial pricing discussions for the longest tranche, due in 2066, indicate a spread of roughly 3.65 percentage points over Treasurys. Apollo Global Management, Bank of America and Citigroup are leading the offering, with pricing expected Wednesday. The financing package also includes about $12.4 billion equivalent in high-yield bonds and $7.5 billion in leveraged loans, both currently being marketed. The debt sale comes after a months-long delay linked to litigation surrounding the Warner transaction and at a higher cost as Treasury yields have risen. $PSKY $WBD $APO $BAC $C
0 replies
topstockalerts Sep 30, 1:44 AM
Banks led by Citigroup have attracted more than $10 billion in investor orders for a leveraged-loan offering supporting Paramount Skydance’s acquisition of Warner Bros. Discovery. The demand covers a $6.5 billion loan tranche, while a €1 billion tranche has drawn roughly €1.35 billion in orders, according to people familiar with the matter. Lenders are reportedly considering moving up the investor commitment deadline, currently scheduled for Wednesday, as demand exceeds the amount being offered. The loans are part of a $52 billion financing package for the transaction, the largest M&A financing package of 2026, which also includes $32 billion of investment-grade debt and the equivalent of $12.4 billion in high-yield bonds. Citigroup, Bank of America and Apollo Global Management arranged the financing earlier this year. The leveraged loans are being offered at spreads of up to 3 percentage points over benchmark rates and at 99.5 cents on the dollar. $C $BAC $APO $PSKY $WBD
0 replies
ThenPath Sep 29, 9:17 PM
$BAC has seen a similar path before. The latest 90 trading days have a 95.7 Rhyme Score with the period ending Feb. 3, 2020. What happened after the historical match: 1M: -13.9% 3M: -30.0% 6M: -23.2% Max DD: -47.9% The match ended just before the COVID shock fully reached markets. Historical outcome — not a forecast.
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ProTraderColin Sep 29, 5:52 PM
$BAC $GS $JPM $MS 👀
0 replies
israelrandall73 Sep 29, 5:45 PM
$RYET I want a progress update on all 10 YeeZo labs at $RYET. Separate ticker on my screen: $BAC.
0 replies
KriSPi_70Echo Sep 29, 5:34 PM
$RYET A clear 10-lab project gives $RYET watchers something concrete. On another list: $BAC.
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rst1016 Sep 29, 5:22 PM
$BAC banks have never been stronger. Or more profitable. Buy the dip. 70’s coming in 2027
0 replies
Warrengeorge5 Sep 29, 4:39 PM
$RYET A lot more people are looking at $RYET after its earlier rise. This links a live Formind website with YeeZo's signed project for 10 AIGC training labs. Also following $BAC.
0 replies