Bank of America Corp BAC

$50.52 -0.04 (-0.08%)

Valuation

Market cap
353,553,408,000
Revenue TTM
$191,567,000,000
Net income TTM
$30,509,000,000
PE ratio
11.66
Forward PE
11.30
Profit margin
15.93%
Debt to equity
1.07

Trading

Volume
32,360,100
Avg volume
38,131,902
Day's range
$50.46 – $51.50
Shares out
6,992,749,000
Stochastic %K
37%
Beta
1.21
Analysts
Strong Sell
Price target
$62.85

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 27, 2:17 AM
Bank of America, Blackstone, Citi and Morgan Stanley announced a $63 billion transaction to deploy AI computing capacity using Broadcom’s technology for Anthropic, with deliveries expected to begin in 2027. The deal will be structured through a newly created special-purpose vehicle, funded by the four financial partners to acquire AI XPUs and networking solutions from Broadcom, which will be leased to Anthropic. Bank of America, Citi and Morgan Stanley will arrange the senior secured financing, while Blackstone will exclusively provide the committed junior secured tranche. Broadcom will offer residual-value support equivalent to the senior financing tranche. Blackstone COO Jon Gray said surging AI demand is creating significant opportunities to finance large-scale computing infrastructure. Broadcom CEO Hock Tan added that the transaction demonstrates the strength of its technology and the availability of capital to support the AI industry's rapid growth. $BAC $BX $C $MS $AVGO
0 replies
focafoca99 Oct 26, 8:25 PM
$BAC shared a $63 billion AI compute financing structure with Broadcom and partners to fund Anthropic. https://www.rapidticker.com/news/bac-bank-of-america-blackstone-citi-9c457f
0 replies
flychicken1991 Oct 26, 8:24 PM
$BAC Bank of America, Blackstone, Citi and Morgan Stanley Announce Landmark $63 Billion Financing Structure to Enable AI Compute Capacity in Partnership with Broadcom. Impact: Positive (82%). Potential arranging fees could place slight upward pressure on BAC shares by supporting investment-banking revenue expectations. The undisclosed economics provide little basis for a substantial valuation change. Source and what to watch next: https://nimpact.tech/newsimpact/news/c68f3ba0f2e1e0aa/bac-bank-of-america-blackstone-citi-and-morgan-stanley-announce-landmark?utm_source=stocktwits&utm_medium=story_url
0 replies
topstockalerts Oct 26, 8:14 PM
Bank of America highlighted three application-software stocks it expects to deliver strong third-quarter results, emphasizing that selectivity is increasingly important as AI adoption and shifting budget priorities separate industry leaders from laggards. Box is the firm’s favorite application-software stock, viewed as an undervalued AI beneficiary entering a multiyear growth acceleration while trading at a discount to peers. Bank of America sees potential for a sixth consecutive quarter of accelerating growth, with third-quarter constant-currency revenue growth reaching 12%. Samsara could outperform expectations as channel checks indicate accelerating enterprise market-share gains at the expense of point-solution providers. Bank of America expects the company’s net new annual recurring revenue, a key performance metric, to exceed institutional investors’ third-quarter expectations. $BOX $IOT $BAC
0 replies
JusABattleRapFan Oct 26, 7:47 PM
$BAC just fukn wow
0 replies
Georgee23 Oct 26, 7:35 PM
$BAC Put your eyes on her boys!
1 replies
JusABattleRapFan Oct 26, 6:44 PM
$BAC what a tease ripping at open an now fling red
0 replies
thatsolardude365 Oct 26, 4:59 PM
$BAC: 0.01% is the number in the Merrill sweep suit. Plaintiffs allege Merrill paid that to its lowest tiers Jan 2022 to Apr 2025 while the fed funds rate topped 5%. Merrill alone remains, nothing to claim. Open Class Actions.
0 replies