- Previous Close
39.25 - Open
39.93 - Bid 40.04 x 4000
- Ask 40.07 x 1400
- Day's Range
39.62 - 40.25 - 52 Week Range
24.96 - 44.44 - Volume
27,094,398 - Avg. Volume
40,061,437 - Market Cap (intraday)
311.237B - Beta (5Y Monthly) 1.34
- PE Ratio (TTM)
14.07 - EPS (TTM)
2.85 - Earnings Date Oct 15, 2024
- Forward Dividend & Yield 1.04 (2.59%)
- Ex-Dividend Date Sep 6, 2024
- 1y Target Est
45.61
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.
www.bankofamerica.com212,000
Full Time Employees
December 31
Fiscal Year Ends
Sector
Industry
Recent News: BAC
View MoreRelated Videos: BAC
Performance Overview: BAC
Trailing total returns as of 10/4/2024, which may include dividends or other distributions. Benchmark is
.YTD Return
1-Year Return
3-Year Return
5-Year Return
Compare To: BAC
Select to analyze similar companies using key performance metrics; select up to 4 stocks.
Statistics: BAC
View MoreValuation Measures
Market Cap
304.56B
Enterprise Value
--
Trailing P/E
13.77
Forward P/E
10.91
PEG Ratio (5yr expected)
1.79
Price/Sales (ttm)
3.19
Price/Book (mrq)
1.14
Enterprise Value/Revenue
6.73
Enterprise Value/EBITDA
--
Financial Highlights
Profitability and Income Statement
Profit Margin
25.87%
Return on Assets (ttm)
0.77%
Return on Equity (ttm)
8.50%
Revenue (ttm)
94.76B
Net Income Avi to Common (ttm)
22.83B
Diluted EPS (ttm)
2.85
Balance Sheet and Cash Flow
Total Cash (mrq)
850.84B
Total Debt/Equity (mrq)
--
Levered Free Cash Flow (ttm)
--
Research Analysis: BAC
View MoreCompany Insights: BAC
BAC does not have Company Insights
Research Reports: BAC
View MoreThe stock market continues to crawl higher, with the S&P 500 (SPX), the S&P 100 (OEX), and the NYSE Composite printing new all-time highs almost daily, and the Nasdaq and the Nasdaq 100 (QQQ) moving ever closer to all-time highs.
The stock market continues to crawl higher, with the S&P 500 (SPX), the S&P 100 (OEX), and the NYSE Composite printing new all-time highs almost daily, and the Nasdaq and the Nasdaq 100 (QQQ) moving ever closer to all-time highs. Yet it continues to amaze us that overall market sentiment/optimism hasn't shot to the moon. Yes some sentiment indicators have crossed over into extreme bullish territory, but many have not. This leaves us looking for reasons why. Some of the sentiment indicators that are showing outright pessimism include Hedge Fund Exposure, the OEX Open Interest Ratio, the OEX Put/Call (P/C) Ratio, and Small Trader Put Buying. On the other end of the spectrum, the CBOE Equity-Only P/C ratio is one of a few indicators that are pretty far into optimistic territory. Meanwhile, the NAAIM Exposure Index, the ISE Equity Call/Put Ratio, the AAII Bull Ratio, the CNN Fear & Greed Index, and the Conference Board's Monthly Survey are showing optimism -- but not to an extreme degree. A coincident sentiment read, the Nasdaq 100 Combo Hedgers Position, is showing very low futures exposure by the smart-money commercial hedgers -- and is therefore a potential negative for stocks. Market breadth remains quite bullish, with the SPX, OEX, QQQ, and S&P 400 advance-decline (AD) lines at or near all-time highs. In addition, 79% of stocks in the SPX are above their 200-day average; for the OEX, it's at 88%; and for the QQQ, it's at 64%. While we would prefer these readings to all be above 70%, the QQQ AD line reached an all-time high before price. (Mark Arbeter, CMT)
Large Cap US Pick List - September 2024
This pick list highlights constituents of the Morningstar US Large Cap Index that we believe offer investors the best risk-adjusted return prospects. Stocks of large-cap companies where neither growth nor value characteristics predominate. Stocks in the top 70% of the capitalization of the U.S. equity market are defined as large cap.
The calendar turned to September, historically the worst month of the year, and all of a sudden things go to heck and in a handbasket.
The calendar turned to September, historically the worst month of the year, and all of a sudden things go to heck and in a handbasket. Yet again, the largest drag on the stock market was the heavily weighted Information Technology (XLK -4.6%) sector. The group was once again dragged down by once-beloved semiconductor stocks, with the major semi indices getting pulverized by 7% to 8%. Since July 17, the iShares Semiconductor ETF (SOXX) and the VanEck Vectors Semi ETF (SMH) have dropped at least 6% on three different days. All three of those days featured very heavy volume, a clear sign of institutional distribution. We started to see distribution on the semis and the Nasdaq 100 (QQQ) back in the middle/latter part of July. Most of the major semi stocks have lost their 50-day average for the second time since late July, while a handful are breaking below their more-important 200-day averages and are closing in on their initial lows from early August. The QQQ cratered 3.2%, broke down out of a developing bull flag, and closed near a 38.2% retracement of the rally since the August 5 intraday low. We did see a minor 5/13 exponential moving average crossover sell signal, reversing the buy signal from August 15. A 50% retracement of the rally comes in at 454 and a 61.8% give-back lies at 447. The S&P 500 lost 2.1% as the index bounced off its 50-day average late in the day. A 38.2% retrace of its rally is at 5,448 while a 50% give-back targets 5,386. There was a 38% spike in the volatility index (VIX) and it is now just above 20. We have a feeling the month will bring more of the same. (Mark Arbeter, CMT)
Daily – Vickers Top Buyers & Sellers for 08/30/2024
The Vickers Top Buyers & Sellers is a daily report that identifies the five companies the largest insider purchase transactions based on the dollar value of the transactions as well as the five companies the largest insider sales transactions based on the dollar value of the transactions.
Top Analysts: BAC
View MoreOverall Score
Discover which analysts rank highest for BAC overall weighted by direction, price target, and price movement.
Learn MoreDirection Score
Discover which analysts rank highest on predicting the directional movement of BAC.
Learn MorePrice Score
Discover which analysts rank highest on predicting the price target of BAC.
Learn More