Bank of America Corp BAC

$50.64 +0.25 (0.50%)

Valuation

Market cap
352,364,608,000
Revenue TTM
$191,567,000,000
Net income TTM
$30,509,000,000
PE ratio
11.70
Forward PE
11.28
Profit margin
15.93%
Debt to equity
1.07

Trading

Volume
43,642,400
Avg volume
37,433,465
Day's range
$50.01 – $51.30
Shares out
6,992,749,000
Stochastic %K
24%
Beta
1.21
Analysts
Strong Sell
Price target
$62.88

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

Techdamentals Oct 21, 3:52 AM
$BAC rose 0.5% on Tuesday Oct 20, the day it was reported to settle a $4.4 million multistate case over excessive commissions at its Merrill Lynch unit. Its Oct 14 third-quarter report showed revenue of $30.0B, up 3%, and net income of $6.9B after a $1.2B regulatory charge. Its CET1 ratio (its cushion of high-quality capital) was 10.9%, down from 11.6% a year earlier. 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
thatsolardude365 Oct 21, 2:57 AM
$BAC: one detail in the Merrill cash-sweep ruling: Judge Garnett refused to strike comparisons to money market funds and T-bills. Plaintiffs allege Merrill paid 0.01% while fed funds topped 5%. Nothing to claim. Open Class Actions.
0 replies
thatsolardude365 Oct 21, 2:42 AM
$BAC: watch for Merrill cash-sweep notice by Dec 4. The $39M Valelly deal covers Edge retirement cash swept Dec 15, 2016 to Mar 15, 2020, pays automatically, and gives a second opt-out chance by Feb 19. Open Class Actions.
0 replies
AlphaBull_10M Oct 20, 9:08 PM
$FAS $DPST $XLF The financial sector rally is important for a broaad market rally. Though it wasn't a big gain day, but seeing all green financial finishes is very comforting to see. $BAC $JPM
0 replies
Ron_Burn Oct 20, 7:09 PM
$BAC made a rookie mistake by moving my SL to 5.50, it didn't quite hit the chart but the spread got me... aaaaaaah
0 replies
JusABattleRapFan Oct 20, 6:38 PM
$BAC giving it all back again be red eod prolly what trash
0 replies
stronginvestor1994 Oct 20, 6:14 PM
$BAC $WFC $JPM Massive bank crash is near! Way too much debt! 💸
0 replies
TraderDaKing Oct 20, 6:11 PM
$DJT $KO $TSLA $BTC.X $BAC Get out The Vote People. God Bless. Blue Wave.
2 replies