Get Premium Data for Cyber Monday: Up to 55% Off InvestingProCLAIM SALE

Bank of America Corp (BAC)

NYSE
Currency in USD
46.37
-0.45(-0.96%)
Closed
Pre Market
46.45+0.08(+0.17%)
BAC Scorecard
Full Analysis
Has raised its dividend for 11 consecutive years
Fair Value
Day's Range
46.1346.78
52 wk Range
30.4548.08
Key Statistics
Edit
Prev. Close
46.37
Open
46.69
Day's Range
46.13-46.78
52 wk Range
30.45-48.08
Volume
24.94M
Average Volume (3m)
35.98M
1-Year Change
51.64%
Book Value / Share
unlockUnlock
Fair Value
unlockUnlock
Fair Value Upside
unlockUnlock
BAC Scorecardpro icon
Company’s Health
pro lockUnlock
Fair Value
pro lockUnlock Price
Fair Pricepro lock
Upsidepro lock
Price Target
48.41
Upside
+4.40%
Members' Sentiments
Bearish
Bullish
ProTips
Suffers from weak gross profit margins
Show more

Bank of America Company Profile

Bank of America Corporation, through its subsidiaries, provides banking and financial products and services for individual consumers, small and middle-market businesses, institutional investors, large corporations, and governments worldwide. It operates in 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, non-interest and interest-bearing checking accounts, and investment accounts and products; credit and debit cards; residential mortgages, and home equity loans; and direct and indirect loans, such as automotive, recreational vehicle, and consumer personal 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, such as treasury management, foreign exchange, short-term investing options, and merchant services; working capital management solutions; debt and equity underwriting and distribution, and merger-related and other advisory services; and fixed-income and equity research, and certain market-based 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.

Sector
Financial
Employees
212985

Bank of America Corp SWOT Analysis


NII Growth Prospects
Explore Bank of America's projected Net Interest Income growth, driven by asset repricing benefits and evolving balance sheet composition in 2024.
Fee Income Boost
Delve into BAC's anticipated fee income increase, fueled by trading revenues, stable Investment Banking fees, and higher Wealth Management fees.
Strategic Advantage
Learn how Bank of America's low-cost deposit base positions it for stronger long-term earnings growth, particularly in a high-interest rate environment.
Analyst Outlook
Discover why analysts favor BAC, with price targets ranging from $40 to $49, citing regulatory softening and improving capital markets activity.
Read full SWOT analysis
BAC Full Pro Research
Institutional-Grade Stock Analysis
Understand how BAC earns money
Financial health at a glance
Bearish and bullish outlooks
Latest expert insights
Actionable Pro Tips, and many more...
Gain access to 1400+ in-depth research reports on the most popular US stocks

Compare BAC to Peers and Sector

Metrics to compare
BAC
Peers
Sector
Relationship
P/E Ratio
16.2x−73.2x8.7x
PEG Ratio
−0.700.550.03
Price/Book
1.3x0.9x1.0x
Price / LTM Sales
3.8x2.7x2.8x
Upside (Analyst Target)
3.5%5.0%10.4%
Fair Value Upside
Unlock−10.3%2.7%Unlock

Analysts' Recommendations

16 Buy
5 Hold
1 Sell
Ratings:
21 analysts
Overall Consensus
Buy

Analysts 12-Month Price Target:

Average 48.13

(+3.79% Upside)

Dividends

Payout Ratio
Payout ratio (TTM)
Earnings retained
EPS 2.77
Dividend Yield
2.22%
Industry Median 4.56%
Annualised payout
1.0400
Paid quarterly
5-Years Growth
+9.24%
Growth Streak

People Also Watch

309.90
V
-0.99%
62.21
KO
-2.06%
521.14
MA
-0.96%
71.50
C
+0.11%
243.01
AAPL
+0.15%

FAQ

What Is the Bank of America (BAC) Stock Price Today?

The Bank of America stock price today is 46.37

What Stock Exchange Does Bank of America Trade On?

Bank of America is listed and trades on the NYSE stock exchange.

What Is the Stock Symbol for Bank of America?

The stock symbol for Bank of America is "BAC."

Does Bank of America Pay Dividends? What’s The Current Dividend Yield?

The Bank of America dividend yield is 2.19%.

What Is the Bank of America Market Cap?

As of today, Bank of America market cap is 355.79B.

What is Bank of America Earnings Per Share?

The Bank of America EPS is 2.77.

What Is the Next Bank of America Earnings Date?

Bank of America will release its next earnings report on 16 Jan 2025.

From a Technical Analysis Perspective, Is BAC a Buy or Sell?

Based on moving averages and other technical indicators, the daily buy/sell signal is Neutral.
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.