|Bid||26.64 x 800|
|Ask||26.70 x 1100|
|Day's Range||26.62 - 26.75|
|52 Week Range||23.75 - 26.81|
|Beta (3Y Monthly)||1.55|
|PE Ratio (TTM)||9.93|
|Forward Dividend & Yield||1.47 (5.49%)|
|1y Target Est||N/A|
The donations will serve a variety of Valley organizations whose missions range from hunger relief, homeless outreach, workforce development and childhood poverty.
The Federal Reserve set up a "severely adverse" scenario to test 18 of the largest U.S. banks. That scenario included a global recession with the U.S. unemployment rate jumping to 10%.
Bank of America is expanding its Student Leaders program to Buffalo and 29 other markets across the United States, including Rochester, Syracuse and Albany.
Raymond James analyst David J. Long writes that the biggest winners include Bank of America, PNC, Bank of New York Mellon, and State Street.
Bank of America CEO Brian Moynihan, one of our 2019 World’s Best CEOs, thinks the U.S. economy will avoid a recession.
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 Fed released the first round of stress tests for this year, showing that banks have cleaned up their balance sheets. But regulatory changes meant fewer banks were tested this year.
Charlotte private equity firm Falfurrias Capital Partners is set to acquire The C.F. Sauer Co., a company known for manufacturing familiar household products, such as Duke's Mayonnaise, Gold Medal and The Spice Hunter.
There are economic and social reasons that make a strong case for supporting the LGBT+ community and their allies not just in June but every day of the year.
Speaking at the Fortune Brainstorm Conference on June 19, Bank of America (BAC) CEO Brian Moynihan spoke in support of a cashless society. He said that the second-largest bank in the US has “more to gain than anybody” from such a scenario.
If you want to see how intense the competition for retail customers is among the nation’s largest banks, just look to The Waterfront in Homestead. The Waterfront is where PNC Financial Services Group Inc. planted its prototype branch in April, a sort of lab to test concepts to be deployed throughout the hometown bank’s footprint. It is where JPMorgan Chase & Co. secured a location for one of its first six Pittsburgh branches.
Bank of America CEO Brian Moynihan said his firm has “more to gain than anybody” from the booming trend of non-cash transactions.
Despite the S&P 500 trading at lofty heights, 8 blue chip stocks are still selling well below their record highs but may be poised for big gains as investors pursue diverse strategies to profit amid a volatile U.S.-China trade war. Some professional investors are wading in to buy beaten down blue chips from the semiconductor industry, including Broadcom Inc. (AVGO), Xilinx Inc. (XLNX), NXP Semiconductors N.V. (NXPI) and Skyworks Solutions Inc. (SWKS). Goldman says these service stocks are much more likely to outperform than stocks in goods-producing sectors.
Robotics and automation companies sit ready to benefit from challenges facing the modern world. Gain exposure using these ETFs.
Bank of America is putting billions more toward helping homebuyers afford closing costs nationally, including in this region.
Bank of America Corp (NYSE: BAC )'s valuation multiples and consensus estimates for 2020 appear too low, according to BMO Capital Markets. The Analyst BMO’s James Fotheringham upgraded Bank of America ...
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 $8.44 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 firstname.lastname@example.org.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.
CBJ's most recent Top 50 list ranks Charlotte-area public company executives by total compensation.
The head of Merrill Lynch Wealth Management says automation and model portfolios have freed up advisors to recruit new households.
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.
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.