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Bank of America Corp

BAC.N

Latest Trade

44.55USD

Change

-0.37(-0.82%)

Volume

19,252,606

Today's Range

42.59

 - 

44.69

52 Week Range

29.57

 - 

50.08

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

Pricing

Previous Close
44.92
Open
43.90
Volume
19,252,606
3M AVG Volume
980.65
Today's High
44.69
Today's Low
42.59
52 Week High
50.08
52 Week Low
29.57
Shares Out (MIL)
8,077.83
Market Cap (MIL)
374,421.80
Forward P/E
13.04
Dividend (Yield %)
1.84

Next Event

Hon Hai Precision Industry Co Ltd Investor Group Meeting Hosted By Bank of America

Latest Developments

More

Bank Of America Says Sees FY Noninterest Expense For 2022 To Approximate That Of 2021

Bank Of America Reports Q4 Net Income Of $0.82 Per Share

BofA Appoints Alice Wong As New MD In Americas Financial Institutions Investment Banking - Memo

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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, small- and middle-market businesses, institutional investors, corporations and governments 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 Bank of America Private Bank; Global Banking, which provides a range of lending-related products and services; Global Markets, which offers sales and trading services and research services.

Industry

Regional Banks

Contact Info

Bank of America Corporate Center

100 N Tryon St

CHARLOTTE, NC

28255-0001

United States

+1.704.3865681

https://www.bankofamerica.com

Executive Leadership

Brian T. Moynihan

Chairman of the Board, President, Chief Executive Officer

Paul M. Donofrio

Vice Chairman of the Board

Thong M. Nguyen

Vice Chairman - Bank of America Corporation

Alastair M. Borthwick

Chief Financial Officer

Dean C. Athanasia

President - Retail and Preferred & Small Business Banking

Key Stats

2.36 mean rating - 28 analysts
Sell
Hold
Buy
Revenue (MM, USD)

2019

91.8K

2020

86.0K

2021

89.5K

2022(E)

95.3K
EPS (USD)

2019

2.750

2020

1.870

2021

3.570

2022(E)

3.227
Price To Earnings (TTM)
12.85
Price To Sales (TTM)
4.20
Price To Book (MRQ)
1.51
Price To Cash Flow (TTM)
14.87
Total Debt To Equity (MRQ)
183.73
LT Debt To Equity (MRQ)
103.72
Return on Investment (TTM)
--
Return on Equity (TTM)
1.07

Latest News

Latest News

Deutsche Bank hires BofA's fine-art lending expert John Arena

Deutsche Bank AG has hired John Arena from Bank of America to help structure art loans for ultra-rich individuals in the Americas, according to an internal memo on Thursday seen by Reuters.

Bank of America profit jumps on M&A boost, loan growth

Bank of America Corp reported a jump in fourth-quarter profit on Wednesday, benefiting from loan growth and a frenetic pace of global dealmaking activity that helped drive its investment banking business.

Investors put $30.5 billion into stocks, ditch safe havens - BofA

Investors piled into stocks and ditched cash, gold and bonds, especially safe haven ones, in the week to Wednesday, BofA said in its weekly flow tracking note published on Friday.

Factbox-Europe's aluminium smelters cut output as power crunch intensifies

Soaring electricity prices in Europe have triggered cuts in energy-intensive production of aluminium.

Bank of America, Wells Fargo scrap some overdraft fees as regulatory scrutiny grows

Wells Fargo & Co and Bank of America will no longer charge customers for bouncing checks and are adopting new policies to limit overdraft-related fees, the latest lenders to overhaul such charges amid growing regulatory scrutiny.

Bank of America to reduce overdraft fees this spring

Bank of America, the second-largest U.S. bank, is reducing overdraft fees from $35 to $10 starting in May, the bank said in a news release on Tuesday.

Bank of America to increase bonus pool for employees - Bloomberg News

Bank of America Corp is planning to increase the bonus pool for its employees, Bloomberg News reported https://www.bloomberg.com/news/articles/2022-01-07/bofa-sweetens-bonuses-to-make-up-for-its-restraint-last-year?sref=vEQJzSks on Friday, citing people briefed on the discussions...

Bank of America to increase bonus pool for employees - Bloomberg News

Bank of America Corp is planning to increase the bonus pool for its employees, Bloomberg News reported https://www.bloomberg.com/news/articles/2022-01-07/bofa-sweetens-bonuses-to-make-up-for-its-restraint-last-year?sref=vEQJzSks on Friday, citing people briefed on the discussions...

BofA appoints MD in Americas Financial Institutions Investment Banking unit

Bank of America Corp appointed Alice Wong as a managing director in its Americas Financial Institutions Investment Banking unit on Wednesday, according to an internal memo seen by Reuters.

Bank of America to staff: Get a booster, we'll give a food bank $100

Bank of America Corp told workers on Wednesday it will donate $100 to local food banks for every one of its employees who gets a COVID-19 vaccine booster shot and notifies the bank before Jan. 31, according to a memo seen by Reuters.

Bank of America hires veteran investment banker Benjamin Saunders

Bank of America Corp has hired veteran investment banker Benjamin Saunders as a managing director for its Americas Financial Institutions Investment Banking business, according to a memo seen by Reuters on Tuesday.

BofA allows remote work in early January - source

Bank of America Corp is encouraging employees to work remotely in the first week of January, according to a person familiar with the matter, as a spike in COVID-19 cases in the United States force Wall Street banks to postpone return-to-office plans.

Russia's Melon Fashion Group picks banks for IPO - sources

Russia's Melon Fashion Group has picked Sberbank CIB, VTB Capital, Goldman Sachs and BofA to help organise its initial public offering (IPO), two sources with knowledge of the company's plans told Reuters on Tuesday.

Bank of America CEO says credit quality strong; no impact from Omicron variant

Bank of America Chief Executive Brian Moynihan said on Tuesday that the bank hadn't seen any impact on consumer spending from the spread of the Omicron variant of the coronavirus, and credit quality among borrowers remained strong.

Credit Suisse hires new global power and renewables head from BofA

Credit Suisse Group AG has hired Mike Dunne from Bank of America Corp to be the Swiss bank's global head of power and renewables investment banking division, according to an internal memo seen by Reuters.

Bank of America expects busy year of Gulf IPOs

Gulf exchanges are likely to have another busy year of initial public offerings (IPOs) in 2022, possibly surpassing this year's bumper crop, a Bank of America executive told Reuters.

Bank of America targets new banking customers among its wealth clients

Bank of America is rolling out a new credit card and beefing up its existing rewards program in a bid to encourage up to 1 million wealth clients to use its banking services as well, executives said Thursday.

Soccer-Real Madrid assembly approve $255 million more for stadium renovation

Spanish soccer club Real Madrid's general assembly approved on Saturday a new 225 million euro ($255 million) loan to complete the renovation of its Santiago Bernabeu stadium.

U.S. Treasury's Yellen to urge finance CEOs to speed climate investments

U.S. Treasury Secretary Janet Yellen on Tuesday will push financial institutions to adopt a "greater sense of urgency" about investing in a net-zero economy in meetings with the head of Bank of America and other finance CEOs, Treasury officials said.

Yellen to tell Bank of America CEO, others to speed up climate investments

U.S. Treasury Secretary Janet Yellen will urge financial institutions to adopt a "greater sense of urgency" about investing in net-zero economy in meetings with the head of Bank of America and other finance CEOs on Tuesday, Treasury officials said.

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

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