Bank of America Corporation (BAC-PL)
Chart Events
Performance Outlook
| Previous Close | 1,113.47 |
| Open | 1,114.95 |
| Bid | 1,124.00 x 1100 |
| Ask | 1,129.98 x 800 |
| Day's Range | 1,114.95 - 1,129.91 |
| 52 Week Range | 1,036.88 - 1,262.40 |
| Volume | |
| Avg. Volume | 10,467 |
| Market Cap | 0 |
| Beta (5Y Monthly) | 1.39 |
| PE Ratio (TTM) | 319.30 |
| EPS (TTM) | 3.51 |
| Earnings Date | N/A |
| Forward Dividend & Yield | 72.50 (6.51%) |
| Ex-Dividend Date | Sep 28, 2023 |
| 1y Target Est | N/A |
Fair Value
Subscribe to Yahoo Finance Plus to view Fair Value for BAC-PL
Related Research
- Bank of America Corporation NonThe Argus ESG Model PortfolioSustainable Impact Investing, or ESG investing, is gaining traction not only with Argus Research clients but also with the global investment community. BlackRock CEO Lawrence Fink, who oversees approximately $9 trillion in assets, announced in January 2020 that his firm would be investing in companies that are making progress on sustainability. He doubled down in his January 2021 letter, calling on company managements to disclose their plans for making their businesses "compatible with a net-zero economy" by 2050. As assets have flowed in over the past 40 years, Sustainable Impact Investing has evolved. The discipline, originally known as Socially Responsible Investing, focused at first on excluding companies that conducted business in South Africa, or participated in industries such as tobacco, alcohol, and firearms. Performance of these initial strategies lagged, and the approach has been modified. Now, instead of merely identifying industries to avoid, the discipline promotes "sustainable" business practices across all industries that can have an "impact" on global issues such as climate, hunger, poverty, disease, shelter, and workers' rights.RatingFair ValueEconomic MoatyesterdayArgus Research
Yahoo FinanceCorporate America pays tribute to Charlie Munger
Leaders of big American companies react to the passing of Berkshire Hathaway's Charlie Munger.
TheStreet.comHere's Why United Rentals, Vulcan Materials, BofA and Qualcomm Are Higher Today
One aspect of our investment thesis behind United Rentals and Vulcan Materials was confirmed by earnings and guidance from Construction Partners . Construction Partners' backlog rose to $1.6 billion exiting September, underpinning its revenue guidance of $1.75 billion-$1.825 billion over the next 12 months compared to $1.56 billion over the trailing 12 months. Also lending a hand to URI and VMC is the fall in Treasury yields -- and the impact that is having on mortgage rates and the SPDR S&P Homebuilders ETF .
- Financial Times
How zero-interest deposits bail out banks
Lots has been written about the vast bond hoard accumulated by US banks, the massive unrealised losses inflicted on those portfolios as interest rates rose, and the carnage this caused for weaker lenders. Behind all this is a story of deposits, in particular the $4.2tn worth of “non-interest-bearing” deposits in the US banking system, according to the Federal Reserve. This is because shareholders expect banks to earn significantly more on their assets than they pay out on their liabilities, to cushion shareholders from actual, realised losses.
