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Bank of America Corp

BAC.N

Latest Trade

33.67USD

Change

0.58(+1.75%)

Volume

9,870,994

Today's Range

33.57

 - 

33.80

52 Week Range

22.66

 - 

33.80

As of on the New York Stock Exchange ∙ Minimum 15 minute delay

Pricing

Previous Close
33.09
Open
33.69
Volume
9,870,994
3M AVG Volume
1,099.02
Today's High
33.80
Today's Low
33.57
52 Week High
33.80
52 Week Low
22.66
Shares Out (MIL)
8,995.11
Market Cap (MIL)
302,865.30
Forward P/E
12.21
Dividend (Yield %)
2.14

Next Event

Bank of America Merrill Lynch Telco, Media & Technology Trip

Latest Developments

More

Bank Of America Accelerates Move To $20 Per Hour Minimum Wage In 2020

Bank Of America Declared A Regular Quarterly Cash Dividend On Common Stock Of $0.18/Share

Bank Of America Announces Unlimited Commission-Free Stock, ETF And Options Trading For Preferred Rewards Members

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About Bank of America Corp

Bank of America Corporation is a bank holding company and a financial holding company. The Company is a financial institution, serving individual consumers and others with a range of banking, investing, asset management and other financial and risk management products and services. The Company, through its banking and various non-bank subsidiaries, throughout the United States and in international markets, provides a range of banking and non-bank financial services and products through four business segments: Consumer Banking, which comprises Deposits and Consumer Lending; Global Wealth & Investment Management, which consists of two primary businesses: Merrill Lynch Global Wealth Management and U.S. Trust, Bank of America Private Wealth Management; Global Banking, which provides a range of lending-related products and services; Global Markets, which offers sales and trading services, and All Other, which consists of equity investments, residual expense allocations and other.

Industry

Regional Banks

Contact Info

Bank of America Corporate Center

100 N Tryon St

+1.704.3868486

https://www.bankofamerica.com

Executive Leadership

Brian T. Moynihan

Chairman of the Board, President, Chief Executive Officer

Thong M. Nguyen

Vice Chairman of the Board

Paul M. Donofrio

Chief Financial Officer

Dean C. Athanasia

President - Retail and Preferred & Small Business Banking

Kathleen Knox

President - U.S. Trust

Key Stats

2.30 mean rating - 27 analysts
Sell
Hold
Buy
Revenue (MM, USD)

2016

84.6K

2017

89.2K

2018

91.9K

2019(E)

91.7K
EPS (USD)

2016

1.550

2017

1.850

2018

2.620

2019(E)

2.724
Price To Earnings (TTM)
12.41
Price To Sales (TTM)
3.31
Price To Book (MRQ)
1.25
Price To Cash Flow (TTM)
10.78
Total Debt To Equity (MRQ)
176.44
LT Debt To Equity (MRQ)
87.99
Return on Investment (TTM)
--
Return on Equity (TTM)
1.16

Latest News

Latest News

Federal Reserve terminates 2015 forex enforcement action against Bank of America

The U.S. Federal Reserve announced Wednesday it had terminated a 2015 enforcement action against Bank of America <BAC.N> over its shortcomings in preventing traders from manipulating foreign exchange rates.

Bank of America, Raymond James to pay $12 million for college fund overcharges

Bank of America Corp <BAC.N> and Raymond James Financial Inc <RJF.N> will pay roughly $12 million in restitution to customers who incurred excessive fees on investments meant to help their children afford college, a U.S. regulator said on Wednesday.

Bank of America, Raymond James to pay $12 mln restitution for fund overcharges

A U.S. regulator said units of Bank of America Corp and Raymond James Financial Inc will pay roughly 12 million in restitution to customers who incurred excess fees on their investments in so-called 529 plans, which are used to encourage saving for educational expenses.

IBM, Bank of America team up to launch financial services-specific cloud

International Business Machines Corp said on Wednesday that it has built financial services-specific cloud technology in collaboration with Bank of America Corp, which will be the first major bank to use the platform.

Bank of America to give employees special bonuses for 2019 performance

Bank of America Corp <BAC.N> will reward employees for the bank's strong performance through special bonuses for the third straight year, according to an internal memo viewed by Reuters.

Bank of America expands zero-commission stock trading

Bank Of America said on Monday it would expand its zero-dollar online trading to all customers of its Preferred Rewards program and cut commissions for others, following similar moves by several online brokers.

Bank of America puts investments over cost cuts as 'operating leverage' fades

For the first time in nearly five years, Bank of America Corp <BAC.N> did not rely on cost cuts to amplify profits – the latest sign of big U.S. banks prioritizing investments in their businesses over short-term gains.

Bank of America beats profit estimates on surge in advisory, lending

Bank of America Corp <BAC.N> beat Wall Street estimates for quarterly profit on Wednesday as it earned more in advisory fees and its loan book expanded, easing concerns that lower interest rates would crimp growth at the second-largest U.S. bank.

Bank of America profit falls on $2 bln impairment charge

Bank of America Corp, the second-largest U.S. bank by assets, reported a 21% fall in quarterly profit on Wednesday, hurt mainly by a $2 billion pretax impairment charge.

Bank of America, Morgan Stanley eye growth in employee-benefits management

Morgan Stanley <MS.N> and Bank of America Corp <BAC.N> are expanding the employee-benefits services they offer, hoping to gain market share in the dull-but-reliable business of managing wealth for companies and employees.

Bank of America's push to turn around investment bank is bearing fruit

Bank of America Corp <BAC.N> said on Monday its deal-making unit is gaining momentum with midsized companies as it focuses on the sector to regain market share.

Bank of America expects higher investment banking fees for third quarter

Bank of America Corp said on Monday the bank expects third quarter investment banking fees to be up in the low single digits compared with last year.

Bank of America recognizes pretax impairment charge of $2.1 billion

(Reporting by Abhishek Manikandan in Bengaluru; Editing by Maju Samuel)

BofA CEO Moynihan plays down fears of U.S. recession: CNBC

Bank of America Corp <BAC.N> Chief Executive Officer Brian Moynihan on Wednesday played down fears of a potential U.S. recession, saying strong consumer spending could keep the economy growing.

UPDATE 1-MOVES-Ex-Evercore activism defense banker moves to Bank of America -sources

Bank of America Corp has hired former Evercore Inc banker Amy Lissauer to become its global head of activism and raid defense, a spokesman for the bank confirmed on Friday.

MOVES-Ex-Evercore activism defense banker moves to Bank of America -sources

Bank of America Corp has hired former Evercore Inc banker Amy Lissauer to work on defending companies against activist investors, three sources said on Friday.

Bank of America ends joint venture with Fiserv's First Data

Bank of America Corp <BAC.N> said on Monday it would end its electronic payment services joint venture with First Data Corp next June, hours after Fiserv Inc <FISV.O> completed its acquisition of the payment processor.

Bank of America ends joint venture with Fiserv's First Data

Bank of America Corp said on Monday it would end its joint venture with First Data Corp next June, hours after Fiserv Inc completed its acquisition of the payment processor.

Buffett's Berkshire Hathaway raises stake in Bank of America

Warren Buffett's Berkshire Hathaway <BRKa.N> has raised its stake in Bank of America Corp <BAC.N>, the company said in a regulatory filing on Thursday.

MOVES-Bank of America hires Vitols as head of asset management investment banking -memo

Bank of America Corp has appointed Janis Vitols to be its new head of global asset management investment banking, according to an internal memo seen by Reuters on Thursday.

Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.

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