|Bid||22.14 x 1100|
|Ask||22.20 x 1200|
|Day's Range||22.14 - 22.17|
|52 Week Range||18.20 - 24.50|
|Beta (3Y Monthly)||0.26|
|PE Ratio (TTM)||8.23|
|Forward Dividend & Yield||0.99 (4.42%)|
|1y Target Est||N/A|
Bank of America Corp NYSE:BACView full report here! Summary * Perception of the company's creditworthiness is neutral * ETFs holding this stock are seeing positive inflows * Bearish sentiment is low * Economic output for the sector is expanding but at a slower rate Bearish sentimentShort interest | PositiveShort interest is extremely low for BAC with fewer than 1% of shares on loan. This could indicate that investors who seek to profit from falling equity prices are not currently targeting BAC. Money flowETF/Index ownership | PositiveETF activity is positive. Over the last month, ETFs holding BAC are favorable, with net inflows of $8.66 billion. Additionally, the rate of inflows is increasing. Economic sentimentPMI by IHS Markit | NegativeAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Financials sector is rising. The rate of growth is weak relative to the trend shown over the past year, however, and is easing. Credit worthinessCredit default swap | NeutralThe current level displays a neutral indicator. BAC credit default swap spreads are within the middle of their range for the last three years.Please send all inquiries related to the report to email@example.com.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
Wells Fargo and Bank of America, two of the largest banks in Greater Baltimore, will provide millions for down payment assistance grants to low- and moderate-income homebuyers.
CBJ's most recent Top 50 list ranks Charlotte-area public company executives by total compensation.
Choosing the right indicators can be a daunting task for novice traders. It’s a much easier process when they focus their effects into five categories.
The recommendation to "buy when there's blood in the streets" has been attributed to more than one rich businessman but is a solid approach to creating substantial wealth. With that, below are five investors who demonstrated remarkable timing by making big investments during the credit crisis and are well on their way to huge gains as a result. In October 2008, Warren Buffett published an article in The New York Times op-ed section declaring he was buying American stocks during the equity downfall brought on by the credit crisis.
Branch expansion is high on the agenda at HSBC, with plans to open up to 50 branches nationally over the next few years.
The company is starting renovations on the HBO building and three floors of the Grace Building across from its 55-story tower at One Bryant Park in midtown Manhattan, it said in a statement Wednesday. When the project is completed by 2022, a large portion of the bank’s 13,000 New York employees will be at six properties clustered around Avenue of the Americas. The new offices will include flexible workspaces, a wellness center and dining and training facilities, and will incorporate solar technology and recycled materials, Bank of America said.
Just weeks after announcing the name of downtown Houston’s newest skyscraper, New York-based Skanska USA Commercial Development reportedly plans to sell a majority stake in the 35-story Bank of America Tower.
The soon-to-merge BB&T Corp. (NYSE: BBT) and SunTrust Banks Inc. (NYSE: STI) has a new name — Truist Financial Corp. "We're excited because we really think we can redefine the client experience and really create a meaningful change in the community," said BB&T Chief Executive Kelly King. King said he believes this brand is a way for the new entity to build on the heritages of BB&T and SunTrust while also positioning the new bank for the future. BB&T and SunTrust announced in February their plans to merge in an all-stock deal valued at about $66 billion.
Charlotte, North Carolina is the focal point of a brewing war between the big banks, as BB&T and SunTrust merge and giants Chase and U.S. Bank move in.
The merged BB&T; and SunTrust bank will lease 561,000 square feet at this uptown tower for its Charlotte headquarters.
Consumer robo-advisor platforms offered by giants such as Vanguard, JPMorgan Chase & Co. (JPM) and Bank of America Merrill Lynch (BAC), are likely to see their growth explode five-fold to manage $1.26 trillion in the next few years. While robots currently account for a relatively small portion of the advisory industry, this will change drastically by 2023 as investors adapt to the new technology, according to consulting firm Aite Group, per a recent story in Barron’s. Over the recent years, the emergence of financial technology, with digital investment management products at the center, have democratized access to financial tools and insights in an unprecedented way.
Citigroup, JPMorgan and Goldman Sachs are holdings in Jim Cramer's Action Alerts PLUS member club. Want to be alerted before Jim Cramer buys or sells C, JPM or GS? Bank of America stock has reclaimed its 200-day and 20-day moving averages, as well as its 38.2%, 50% and 61.8% one-year retracements.
April Schneider, head of consumer and small business products, said Advantage SafeBalance Banking appeals to a younger demographic.
Bank of America (NYSE: BAC) has big plans for the Mile High City. Dean Athanasia, president of consumer and small business banking for Bank of America, hopes the bank will “become the No. 1 bank overall in Denver.” He spoke with Denver Business Journal last week about Bank of America’s strategy for Denver and Colorado at large over the next couple of years. Bank of America’s Denver-area deposits have grown considerably over the last few years following the opening of its first Colorado-based retail branch in 2015.
Like everyone else, elite investors make mistakes. Some of their top consensus picks, such as Amazon, Facebook and Alibaba, have not done well in Q4 due to various reasons. Nevertheless, the data show elite investors' consensus picks have done well on average over the long-term. The top 20 stocks among hedge funds beat the S&P […]
The SEC has passed a finalized advice-reform package including Regulation Best Interest, a rule requiring brokers to act in the best interests of clients. First Republic loses heavy hitters. In 2012, (FRC) purchased a successful RIA founded by former Merrill Lynch advisors.