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

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
Techdamentals Oct 13, 4:11 AM
$BAC Management said the quiet part out loud ahead of Wednesday's report. Brian Moynihan has guided investment banking fees down more than 10% from a year ago, with trading revenue roughly flat. That is one of the three engines slowing and another idling, while the lending engine runs hot. https://techdamentals.com/newsletter/why-bank-stocks-fall-when-rates-rise?ref=st
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thatsolardude365 Oct 13, 2:54 AM
$BAC: check that Oct 8 notice. Former CA, NY and IL staff who left with unused vacation get an estimated payment in it. Think the math is wrong? Dispute it with documents by Nov 23. No claim form. Open Class Actions.
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alphagenhq Oct 12, 10:47 PM
$BAC Bank of America reports Wednesday before the open, with consensus around $1.10 EPS. It already guided Q3 investment banking fees down at least 10%. Expectations on fees are reset, so net interest income and consumer credit carry the print. $JPM $WFC
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TalkMarkets Oct 12, 10:39 PM
#JPMorgan's Bank-Season Test After A Record Week $JPM $GS $C $UNH $BAC https://talkmarkets.com/article/jpmorgans-bank-season-test-after-a-record-week
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thatsolardude365 Oct 12, 10:10 PM
$BAC: filed in the EY MOVEit settlement? Claims closed Oct 8. Next step is the final approval hearing Oct 15 in Boston on the $2.5M fund. No payment date yet, and approval is not guaranteed. Open Class Actions.
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Bounceback13 Oct 12, 10:01 PM
$BAC $58 tomorrow?
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joeklis Oct 12, 9:02 PM
$BAC Got in at 53. Lots of gloom and doom about banks. Long term this is fine. Wrote the 55 covered calls for 85 cents. Whatever happens on earnings Im happy either way. If it breaks 55 i sell, if it tanks I write more covered calls on the way down. Long term these big banks just get bigger. They pay little for deposits like the smaller banks.
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