Bank of America Corp

This behemoth is the second-largest publicly traded bank by market capitalization and one of the few systematically important banks. Its diversified portfolio of innovative financial products and services has made BoA an esteemed name in the American banking industry. BAC reported close to $3 trillion in assets in 2022.

$38.76
(as of Sep 6, 4:00 PM EST)

Stock Market Guides is not a financial advisor. Our content is strictly educational and should not be considered financial advice.

Ticker Information for Bank of America Corp

Stock Price
$38.76
Ticker Symbol
BAC
Exchange
NYSE

Industry Information for Bank of America Corp

Sector
Financial Services
Industry
Banks - Diversified

Company Description for Bank of America Corp

Country
USA
Full Time Employees
212,000

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.

Fundamentals for Bank of America Corp

Market Capitalization
$300,761,317,376
EBITDA
Dividends per Share
$0.96
P/E Ratio
13.6
Forward P/E Ratio
10.76
Earnings per Share
$2.85
Earnings per Share Estimate Next Year
$3.67
Profit Margin
26.32%
Shares Outstanding
7,759,580,160
Percent Owned by Insiders
11.22%
Percent Owned by Institutions
60.79%
52-Week High
$44.15
52-Week Low
$24.28

Technical Indicators for Bank of America Corp

50-Day Moving Average
$40.24
200-Day Moving Average
$36.64
RSI
41.64
0.85

Analyst Ratings for Bank of America Corp

Strong Buy
7
Buy
7
Hold
9
Sell
0
Strong Sell
0

News About Bank of America Corp

Sep 8, 2024, 9:00 AM EST
The simplest way to invest in stocks is to buy exchange traded funds. See more.
Sep 8, 2024, 8:00 AM EST
Warren Buffett-led Berkshire Hathaway(NYSE: BRK.A)(NYSE: BRK.B) achieved a new milestone in August, surpassing $1 trillion in market cap for the first time. See more.
Sep 7, 2024, 9:04 PM EST
We recently compiled a list of the 10 Stocks Jim Cramer Thinks You Should Check Out.In this article, we are going to take a look at where Berkshire Hathaway Inc. See more.
Sep 7, 2024, 6:01 PM EST
Warren Buffett hasn't seen a lot to like in the stock market in quite some time. See more.
Sep 6, 2024, 9:27 AM EST
As the cryptocurrency world churns, it’s easy to speculate that digital assets could outpace, outperform, and oust the dollar in importance. See more.