BAC Stock Overview
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.
| Snowflake Score | |
|---|---|
| Valuation | 3/6 |
| Future Growth | 1/6 |
| Past Performance | 2/6 |
| Financial Health | 6/6 |
| Dividends | 5/6 |
Community Narratives
Narratives bring a range of perspectives from our community.
Underwater Bond Holdings Will Squeeze its Net Interest Margin
Consolidation In The Banking Sector Will Increase Revenues
Bank of America Corporation Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$40.75 |
| 52 Week High | US$44.44 |
| 52 Week Low | US$24.96 |
| Beta | 1.36 |
| 11 Month Change | 1.09% |
| 3 Month Change | 1.90% |
| 1 Year Change | 40.61% |
| 33 Year Change | -0.73% |
| 5 Year Change | 46.95% |
| Change since IPO | 2,508.00% |
Recent News & Updates
Bank of America: Potential Net Interest Income Trough Strengthens Outlook
Aug 23Bank of America's (NYSE:BAC) Upcoming Dividend Will Be Larger Than Last Year's
Aug 12
Recent updates
Bank of America: Potential Net Interest Income Trough Strengthens Outlook
Aug 23Bank of America's (NYSE:BAC) Upcoming Dividend Will Be Larger Than Last Year's
Aug 12Bank of America's (NYSE:BAC) Dividend Will Be Increased To $0.26
Jul 28Bank of America Corporation (NYSE:BAC) Just Released Its Second-Quarter Earnings: Here's What Analysts Think
Jul 18Bank of America: Impending Fed Pivot Creates Risk
Jul 17Bank of America: Let Your Winners Run
Jul 09Bank Of America: Swap A 5.6% Yield For A 6.1% Yield
Jun 15Bank of America: Not Good Enough To Buy
Jun 03Bank of America Corporation (NYSE:BAC) First-Quarter Results Just Came Out: Here's What Analysts Are Forecasting For This Year
May 03Bank Of America: Now Fairly Valued - H2'23 To Bring Forth Rich Interest Incomes
Apr 27Bank of America: Seize The Opportunity Before It's Gone
Apr 18Analysts Are Updating Their Bank of America Corporation (NYSE:BAC) Estimates After Its First-Quarter Results
Apr 18Bank of America: Why I Am Going All-In Now (Technical Analysis)
Apr 11Bank of America: A Bad Call On My Part (Rating Upgrade)
Mar 27Bank Of America: Investing In Predictability
Mar 20First Look At 2 Bank of America Preferred Stocks
Mar 02Bank of America's Q4 Earnings Signal Need For Fed Rate Cut (Rating Downgrade)
Jan 17Here's What Analysts Are Forecasting For Bank of America Corporation (NYSE:BAC) Following Its Earnings Miss
Jan 16Shareholder Returns
| BAC | US Banks | US Market | |
|---|---|---|---|
| 7D | 2.5% | 2.1% | 0.06% |
| 1Y | 40.6% | 41.4% | 22.6% |
Return vs Industry: BAC matched the US Banks industry which returned 41.4% over the past year.
Return vs Market: BAC exceeded the US Market which returned 22.6% over the past year.
Price Volatility
| BAC volatility | |
|---|---|
| BAC Average Weekly Movement | 3.4% |
| Banks Industry Average Movement | 4.7% |
| Market Average Movement | 6.3% |
| 10% most volatile stocks in US Market | 15.0% |
| 10% least volatile stocks in US Market | 3.1% |
Stable Share Price: BAC has not had significant price volatility in the past 3 months.
Volatility Over Time: BAC's weekly volatility (3%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1784 | 212,000 | Brian Moynihan | www.bankofamerica.com |
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.
Bank of America Corporation Fundamentals Summary
| BAC fundamental statistics | |
|---|---|
| Market cap | US$311.70b |
| Earnings (TTM) | US$22.83b |
| Revenue (TTM) | US$93.16b |
13.8x
P/E Ratio1.2x
P/B RatioIs BAC overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| BAC income statement (TTM) | |
|---|---|
| Revenue | US$93.16b |
| Cost of Revenue | US$0 |
| Gross Profit | US$93.16b |
| Other Expenses | US$70.32b |
| Earnings | US$22.83b |
Last Reported Earnings
Jun 30, 2024
Next Earnings Date
Oct 15, 2024
| Earnings per share (EPS) | 2.94 |
| Gross Margin | 100.00% |
| Net Profit Margin | 24.51% |
| Debt/Equity Ratio | 256.0% |
How did BAC perform over the long term?
See historical performance and comparisonDividends
2.6%
Current Dividend Yield34%
Payout RatioDoes BAC pay a reliable dividends?
See BAC dividend history and benchmarks| Bank of America dividend dates | |
|---|---|
| Ex Dividend Date | Sep 06 2024 |
| Dividend Pay Date | Sep 27 2024 |
| Days until Ex dividend | 5 days |
| Days until Dividend pay date | 26 days |
Does BAC pay a reliable dividends?
See BAC dividend history and benchmarks