BAC-PE - Bank of America Corporation
| Previous Close | 22.29 |
| Open | 22.26 |
| Bid | 22.30 x 800 |
| Ask | 22.48 x 1800 |
| Day's Range | 22.26 - 22.50 |
| 52 Week Range | 18.20 - 24.50 |
| Volume | 25,914 |
| Avg. Volume | 25,101 |
| Market Cap | 289.116B |
| Beta (3Y Monthly) | 0.26 |
| PE Ratio (TTM) | 8.36 |
| EPS (TTM) | 2.69 |
| Earnings Date | N/A |
| Forward Dividend & Yield | 1.02 (4.64%) |
| Ex-Dividend Date | 2019-04-29 |
| 1y Target Est | N/A |
- Barrons.com•22 hours ago
Why Teams Dominate at the Top Financial Advisors
Taking a more integrated approach to financial stewardship, advisory firms are relying on teams offering both investment advice and related services. It’s paying off nicely for advisory practices and their clients.
- Investopedia•22 hours ago
Top Technical Indicators For Rookie Traders
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.
- Financial Times•2 days ago
Goldman Sachs pays price for delay to strategic update
Wall Street’s top six banks posted a decidedly mixed set of results for the first quarter, with retail banks generally triumphing over their more capital markets focused rivals and dealmakers having a better time of it than traders. Investor reaction was most decisive against Goldman Sachs. Analysts attributed the fall to Goldman’s decision to defer a much-anticipated strategic update until early next year.
Motley Fool•2 days agoThis Unconventional Metric is Bank of America's Key to Success
And the bank has an impressive 17-quarter streak getting results.
- Investopedia•2 days ago
Health Care Tanks on Medicare-for-All Worries
Health care concerns could be oversold, and while consumers look good for banks, the yield curve remains a problem.
- CNBC•3 days ago
JP Morgan and Bank of America posted record profits, but investors worry it's downhill from here
J.P. Morgan made $9.2 billion in the first three months of the year. Bank of America said that it generated $7.3 billion. More than anything else that banks do, investors value net interest income, or the revenue that banks garner from collecting loan payments, minus the interest it pays to depositors.
- Market Realist•3 days ago
Bank of America’s Asset Quality, Efficiency, and Earnings
Why Bank of America’s Q1 Results Didn't Lift Its Stock(Continued from Prior Part)Asset quality Bank of America’s (BAC) credit quality across its consumer and commercial portfolios remained stable at the end of the first quarter. The net
- Market Realist•3 days ago
Analyzing Bank of America’s Revenues in Q1
Why Bank of America’s Q1 Results Didn't Lift Its Stock(Continued from Prior Part)Revenues missed the estimate Bank of America (BAC) posted total revenues, net of the interest expense, of $23.0 billion. The revenues were roughly flat compared to
- Barrons.com•3 days ago
Bank of America’s Earnings Got a Lot of Praise. This Analyst Cut Its Stock.
“The stock should remain a core holding,” Ken Usdin of Jeffries says, but now isn’t the time to invest new money in the name, saying there is “not enough upside.”
- Market Realist•3 days ago
Why Bank of America’s Q1 Results Didn’t Lift Its Stock
Why Bank of America’s Q1 Results Didn't Lift Its StockWhat restricted the upside in stock? On April 16, Bank of America (BAC) announced mixed first-quarter results. The YoY (year-over-year) improvement in the net interest due to continued growth in
Motley Fool•4 days agoBank of America Corp (BAC) Q1 2019 Earnings Call Transcript
BAC earnings call for the period ending March 31, 2019.
Yahoo Finance•4 days agoStocks rise after strong earnings results
Stocks rose Tuesday as a host of major companies reported quarterly results that beat Wall Street’s expectations.
Reuters•4 days agoWall Street edges higher on generally positive earnings
U.S. stocks ended slightly higher on Tuesday, with the S&P 500 inching closer to its all-time high following a string of mostly positive earnings, while a drop in healthcare shares limited the advance. ...
- TheStreet.com•4 days ago
Stocks End Up but UnitedHealth Weakness Slows Dow Advance
Stocks are higher but a fall in shares of UnitedHealth limited gains for the Dow Jones Industrial Average.
- Motley Fool•4 days ago
Why J.B. Hunt, Bank of America, and Boston Scientific Slumped Today
These three stocks fell as the broader market climbed.
- Investor's Business Daily•4 days ago
Bank Of America's Key Growth Driver To Lose Momentum This Year
Bank of America reported mixed Q1 results and predicted a slowdown in net interest income, likely hitting its fastest-growing consumer banking unit.
- American City Business Journals•4 days ago
How BofA plans to drive growth, even as economic expansion slows
Tuesday's earnings report was another chapter in Bank of America Corp.'s recent success story. BofA had another record quarter and logged its 17th consecutive quarter of positive operating leverage.
- Reuters•4 days ago
Bank of America warns of slowing growth of net interest
Bank of America, the second-biggest U.S. bank by assets, followed rival domestic lenders by struggling to generate top-line growth in the latest quarter and suffering from a decline in trading revenue. Allowing for different tax treatments on some assets, Bank of America said revenue came in at $23.2 billion. Chief Financial Officer Paul Donofrio told analysts on a conference call that the bank anticipates its net interest income will rise by 3 percent in 2019, compared with 6 percent last year.
- Investopedia•4 days ago
Bank of America Moves Sideways on Earnings Beat
The second largest of the four "too big to fail" money center banks reported earnings that beat analysts' estimates.
- Barrons.com•4 days ago
Leaner Merrill Herd Thunders Along
Advisor headcount slips at Merrill Lynch Wealth Management, but the unit notches positive quarterly results.
- Market Realist•4 days ago
How Analysts Reacted to Goldman’s Q1 Results
Lower Q1 Revenue Drags Goldman Sachs Stock Down(Continued from Prior Part)Analysts’ activity After Goldman Sachs (GS) posted mixed first-quarter results yesterday, KBW lowered its target price to $210 from $215, and BMO reduced it to $260 from
Bloomberg•4 days agoBank of America Forced to Grind With the Fed on Pause
(Bloomberg Opinion) -- Bank of America Corp. didn’t sugarcoat the path forward for investors when describing its first-quarter results on Tuesday.
- TheStreet.com•4 days ago
Bank of America Shares Tumble on Forecast for Lower Lending Income
shares tumbled Tuesday after the second-biggest U.S. bank said lending income this year would be lower than Wall Street analysts projected as the economy slows and the Federal Reserve halts its three-year campaign to boost official interest rates. Net interest income -- what the bank collects on mortgages, credit cards and business loans minus what it pays out on deposits -- will grow by about 3% this year, the Charlotte-based bank's executives told analysts on a conference call. Last year, Bank of America's lending income increased by about 6%.
Bloomberg•4 days agoBofA Shares Drop as Bank Sees Interest Income Growth Fading
Net interest income will probably increase 3 percent for 2019, down from 6 percent last year and 5 percent in the first quarter, Chief Financial Officer Paul Donofrio said in a call with investors Tuesday. Consumer banks are reaping the benefits of the Federal Reserve’s four interest-rate increases last year and a relatively buoyant U.S. economy. Bank of America’s outlook is lower than the growth of more than 4 percent that analysts had expected, Buckingham Research Group’s James Mitchell wrote in a note to clients Tuesday.
