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Bank of America Corp (BAC.N)

BAC.N on New York Stock Exchange

28.64USD
20 Mar 2019
Change (% chg)

$-1.01 (-3.41%)
Prev Close
$29.65
Open
$29.62
Day's High
$29.66
Day's Low
$28.60
Volume
16,893,596
Avg. Vol
14,506,393
52-wk High
$32.44
52-wk Low
$22.67

Latest Key Developments (Source: Significant Developments)

Bank Of America Names Jason Foster North Bay Market President
Tuesday, 12 Mar 2019 

March 12 (Reuters) - Bank of America Corp ::BANK OF AMERICA CORP - NAMES JASON FOSTER NORTH BAY MARKET PRESIDENT.  Full Article

Bank Of America Shares Brand Updates
Monday, 25 Feb 2019 

Feb 25 (Reuters) - Bank of America Corp ::BANK OF AMERICA SHARES BRAND UPDATES.BANK OF AMERICA - MERRILL WILL SERVE AS THE SUB-BRAND FOR CO'S INVESTING AND WEALTH MANAGEMENT OFFERINGS.BANK OF AMERICA CORP - BANK OF AMERICA REMAINS CO'S ENTERPRISE BRAND & ALSO REPRESENTS CO'S BANKING SERVICES FOR PEOPLE & COMPANIES.BANK OF AMERICA - BOFA SECURITIES WILL REPRESENT INSTITUTIONAL BROKER-DEALER BUSINESSES, INCLUDING GLOBAL MARKETS, INVESTMENT BANKING, CAPITAL MARKETS.BANK OF AMERICA - U.S. TRUST WILL TRANSITION TO THE BANK OF AMERICA BRAND AS THE BANK OF AMERICA PRIVATE BANK.BANK OF AMERICA - MERRILL EDGE SELF-DIRECTED, MERRILL GUIDED INVESTING, MERRILL LYNCH WEALTH MANAGEMENT WILL TRANSITION TO MERRILL SUB-BRAND.BANK OF AMERICA - MERRILL PRIVATE WEALTH MANAGEMENT WILL ALSO TRANSITION TO MERRILL SUB-BRAND.  Full Article

Bank Of America Corporation Discloses 7.01 Pct Stake In Ophir Energy
Monday, 18 Feb 2019 

Feb 18 (Reuters) - Ophir Energy: :BANK OF AMERICA CORPORATION DISCLOSES 7.010 PERCENT STAKE IN OPHIR ENERGY PLC - FILING.  Full Article

Bank Of America Increases Common Stock Repurchase Program
Thursday, 7 Feb 2019 

Feb 7 (Reuters) - Bank of America Corp ::BANK OF AMERICA INCREASES COMMON STOCK REPURCHASE PROGRAM.BANK OF AMERICA CORP - ANNOUNCED INCREASE TO COMMON STOCK REPURCHASE PROGRAM BY ADDITIONAL $2.5 BILLION IN COMMON STOCK TO BE REPURCHASED BY JUNE 30.BANK OF AMERICA CORP - FEDERAL RESERVE BOARD HAS APPROVED ADDITIONAL REPURCHASES.  Full Article

Bank Of America Sets Regular Quarterly Cash Dividend Of $0.15 per Share
Wednesday, 30 Jan 2019 

Jan 30 (Reuters) - Bank of America Corp ::BANK OF AMERICA DECLARES QUARTERLY STOCK DIVIDENDS.SETS REGULAR QUARTERLY CASH DIVIDEND OF $0.15PER SHARE.  Full Article

Bank Of America Expands Eligibility For Commission-Free Online Stock, ETF Trades
Wednesday, 30 Jan 2019 

Jan 30 (Reuters) - Bank of America Corp ::BANK OF AMERICA - EXPAND ELIGIBILITY FOR COMMISSION-FREE ONLINE STOCK AND ETF TRADES THROUGH MERRILL EDGE.BANK OF AMERICA - BENEFIT WILL EXTEND TO ALL ENROLLED CLIENTS, REGARDLESS OF TIER, STARTING IN Q2.BANK OF AMERICA - PLANS TO SPEND ANOTHER $250 MILLION OVER NEXT 4 YEARS TOWARD NEW BANKING AND INVESTING CAPABILITIES.  Full Article

Bank Of America Says Brexit Britain Should Prepare For Disruption - Sky News
Wednesday, 23 Jan 2019 

Jan 23 (Reuters) - :BANK OF AMERICA SAYS BREXIT BRITAIN SHOULD PREPARE FOR DISRUPTION - SKY NEWS.MOYNIHAN OVERSAW SPENDING OF AROUND $400 MILLION ON PREPARING BANK OF AMERICA FOR BREXIT, MOVING SOME STAFF OUT OF LONDON- SKY NEWS.  Full Article

Bank Of America Corp Reports Q4 Earnings Per Share Of $0.70
Wednesday, 16 Jan 2019 

Jan 16 (Reuters) - Bank of America Corp ::REPORTS QUARTERLY EARNINGS OF $7.3 BILLION, EPS $0.70.QUARTERLY REVENUE, NET OF INTEREST EXPENSE, INCREASED 11% (6% ON AN ADJUSTED BASIS) TO $22.7 BILLION.Q4 EARNINGS PER SHARE VIEW $0.63, REVENUE VIEW $22.40 BILLION -- REFINITIV IBES DATA.QUARTERLY PROVISION FOR CREDIT LOSSES DECREASED $96 MILLION TO $905 MILLION.EXCLUDING NET DVA, QUARTERLY SALES AND TRADING REVENUE DOWN 6% TO $2.5 BILLION.AT QUARTER-END, AVERAGE LOAN AND LEASE BALANCES IN BUSINESS SEGMENTS ROSE $25 BILLION, OR 3%, TO $881 BILLION.QUARTERLY NET CHARGE-OFF RATIO DECLINED TO 0.39%.QUARTERLY EQUITIES REVENUE UP 11% TO $1.1 BILLION.QUARTERLY NONINTEREST EXPENSE DECLINED $141 MILLION, OR 1%, TO $13.1 BILLION.QUARTERLY FICC REVENUE DOWN 15% TO $1.4 BILLION.QUARTERLY NET INTEREST INCOME $12,304 MILLION VERSUS $11,462 MILLION.QUARTERLY NONINTEREST INCOME $10,432 MILLION VERSUS $8,974 MILLION.SAYS "WE SEE A HEALTHY CONSUMER AND BUSINESS CLIMATE DRIVING A SOLID ECONOMY".QUARTERLY FICC REVENUE DECREASED 15%, DUE TO WEAKNESS IN CREDIT AND MORTGAGE MARKETS AND LOWER CLIENT ACTIVITY IN CREDIT PRODUCTS.  Full Article

Bank Of America says Clients Sent, Received $4.3 Bln Using Zelle In October
Monday, 19 Nov 2018 

Nov 19 (Reuters) - Bank of America Corp ::BANK OF AMERICA CLIENTS SENT AND RECEIVED $4.3 BILLION USING ZELLE IN OCTOBER.ZELLE TRANSACTIONS REPRESENT AN INCREASE OF MORE THAN 100 PERCENT YEAR OVER YEAR.NOW HAS 4.5 MILLION MONTHLY ZELLE P2P USERS, UP 76 PERCENT YEAR OVER YEAR.  Full Article

Caroline Sullivan To Join Moody's As SVP, Corporate Controller
Thursday, 8 Nov 2018 

Nov 8 (Reuters) - Moody's Corp ::CAROLINE SULLIVAN TO JOIN MOODY’S AS SVP, CORPORATE CONTROLLER.MOODY'S CORP - PRIOR TO JOINING MOODY'S, SULLIVAN WAS GLOBAL BANKING CONTROLLER FOR BANK OF AMERICA.  Full Article

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Morgan Stanley takes top spot in ranking of commodities banks

LONDON Morgan Stanley brought in the most revenue from commodities of any of the major investment banks in 2018, data from analytics firm Coalition showed on Thursday.