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.

$40.17
(as of May 1, 7:00 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
$40.17
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
212,732

Bank of America Corporation, through its subsidiaries, provides various financial products and services for individual consumers, small and middle-market businesses, institutional investors, large corporations, and governments worldwide. The company operates through 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, 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 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
$300,739,952,640
EBITDA
Dividends per Share
$1.02
P/E Ratio
11.87
Forward P/E Ratio
10.85
Earnings per Share
$3.35
Earnings per Share Estimate Next Year
Profit Margin
28.58%
Shares Outstanding
7,560,079,872
Percent Owned by Insiders
9.11%
Percent Owned by Institutions
66.53%
52-Week High
52-Week Low

Technical Indicators for Bank of America Corp

50-Day Moving Average
200-Day Moving Average
RSI
55.18
1.38

Analyst Ratings for Bank of America Corp

Strong Buy
14
Buy
8
Hold
1
Sell
0
Strong Sell
0

News About Bank of America Corp

May 1, 2025, 9:00 AM EST
Over the past year, many Bank of America Corporation (NYSE:BAC) insiders sold a significant stake in the company which may have piqued investors' interest. See more.
Apr 30, 2025, 2:15 PM EST
The Trump trade war hasn't thrust the US economy into a recession, Visa (V) CEO Ryan McInerney says. See more.
Apr 30, 2025, 9:24 AM EST
Amid elevated long-term interest rates and persistent inflation, investors turn to real assets to help mitigate market risk See more.
Apr 30, 2025, 8:18 AM EST
Wall Street banks finally got rid of the debt tied to Elon Musk’s 2022 buyout of the social media platform now known as X. See more.