Bank of America Corporation (BAC)
Market Cap | 266.46B |
Revenue (ttm) | 101.15B |
Net Income (ttm) | 28.93B |
Shares Out | 7.91B |
EPS (ttm) | 3.57 |
PE Ratio | 9.43 |
Forward PE | 10.42 |
Dividend | $0.96 (2.85%) |
Ex-Dividend Date | Nov 30, 2023 |
Volume | 23,079,207 |
Open | 33.94 |
Previous Close | 33.88 |
Day's Range | 33.55 - 34.00 |
52-Week Range | 24.96 - 37.00 |
Beta | 1.41 |
Analysts | Buy |
Price Target | 36.03 (+7.01%) |
Earnings Date | Jan 12, 2024 |
About BAC
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. Its Consumer Banking segment offers traditional and money market savings accounts, certificates of deposit and IRAs, noninterest-and interest-bearing checking accounts, and investment accounts and products; and credit and debit cards, residential mortgages, and home equity loans, as well as direct and indir... [Read more]
Financial Performance
In 2022, BAC's revenue was $94.95 billion, an increase of 6.55% compared to the previous year's $89.11 billion. Earnings were $26.02 billion, a decrease of -14.86%.
Financial StatementsAnalyst Forecast
According to 16 analysts, the average rating for BAC stock is "Buy." The 12-month stock price forecast is $36.03, which is an increase of 7.01% from the latest price.
News
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January will be pretty dry for bank stocks, says UBS analyst Erika Najarian
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Bank of America Declares First Quarter 2024 Preferred Stock Dividends
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Bond prices rally for JPMorgan, Morgan Stanley, Goldman Sachs and Bank of America as sentiment turns bullish on money-center banks
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BofA appoints 334 new managing directors, down 8% from last year
Bank of America on Monday promoted 334 employees to become managing directors, a cohort that was 8% smaller than in the previous year.
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Bank CEOs criticize newly proposed capital rules in Senate hearing
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Big bank CEOs testify in Senate hearing
The CEOs of Wall Street's biggest banks testify in front of the Senate Banking Committee.
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Wall Street Bank CEOs on Capitol Hill
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Bank CEOs to warn lawmakers against proposal to boost capital
The CEOs of America's top banks are on Wednesday expected to speak out against plans to hike capital requirements, at a U.S. Senate banking committee hearing on regulation of Wall Street firms.
Dimon and Other Bank CEOs to Testify on Regulations
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Wall Street bank bosses warn lawmakers over new regulations
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