Commodity Channel Index
Previous Close | 28.71 |
Open | 28.82 |
Bid | 28.46 x 4000 |
Ask | 28.48 x 2900 |
Day's Range | 28.30 - 28.84 |
52 Week Range | 26.32 - 38.60 |
Volume | |
Avg. Volume | 65,838,266 |
Market Cap | 227.593B |
Beta (5Y Monthly) | 1.38 |
PE Ratio (TTM) | 8.30 |
EPS (TTM) | 3.44 |
Earnings Date | Jul 18, 2023 |
Forward Dividend & Yield | 0.88 (3.17%) |
Ex-Dividend Date | Jun 01, 2023 |
1y Target Est | 36.40 |
Bank of America Institute released a new analysis today that found net flows of domestic migration (people moving within the United States) continue to follow pandemic trends. BofA internal data, which leads the Census Bureau population data by almost a year, found that as of 1Q 2023, cities that saw a large influx of people during the pandemic are still growing faster than other cities in recent quarters, but housing prices are weakening even in cities with growing populations.
Bank of America has developed some online tools for people wrestling with the idea of going electric.
When it comes to investing, Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B) CEO Warren Buffett is in a class of his own. Warren Buffett's ability to run circles around Wall Street is what helped grow the fanfare associated with Berkshire Hathaway's annual meetings from a couple dozen people in 1973 to more than 30,000 on an annual basis. Investors and Berkshire Hathaway shareholders eagerly await his nuggets of wisdom on the U.S. economy and investing to guide their own strategies.
These time-tested businesses produce reliable cash flows that they're committed to sharing with investors.
It feels like we have emerged from the banking crisis of 2023, but investors are still fearful of owning bank stocks -- except for the biggest, often considered the safest. In this video, Motley Fool contributors Jason Hall and Tyler Crowe break down two of the biggest, Bank of America (NYSE: BAC) and JPMorgan Chase (NYSE: JPM), to see which looks like the best bank stock to buy now.
Looking at Bank of America Corporation's ( NYSE:BAC ) insider transactions over the last year, we can see that insiders...
We took advantage of drops in Lockheed Martin and Elevance to bulk up on our existing positions; we also trimmed some Marvell.
Two of the banking industry's top executives discussed the slowdown they expect to see this year on Wall Street.
Bank of America's (BAC) CEO expects trading and IB revenues to be flat in second-quarter 2023. Loan growth will likely be less than expected.
Tech stocks saw $8.5 billion of inflows in the week, BoFa said, citing market data provider EPFR. The Nasdaq and S&P 500 hit nine-month closing highs on Thursday. Part of that upsurge was thanks to a 30% rise in shares of chipmaker Nvidia in just three sessions that pushed its market valuation above $1 trillion at one point.
JPMorgan Chase, Bank of America and Citigroup have been highlighted in this Industry Outlook article.
Brian Moynihan doesn't expect interest rates to drop again until 2024.
The new cuts at the Wall Street giant amount to roughly 250 positions, following two previous rounds of layoffs.
These top dividend stocks are attractive at these levels and lower, and they add excellent diversity to a long-term investing portfolio.
Major Wall Street banks are signaling a weak quarter for their trading businesses. At an industry conference this week, they telegraphed that markets calmed in the second-quarter compared with the topsy-turvy markets a year ago, leading to cooldown in both fixed income and equities. "Our clients are kind of sitting a bit more in their hands right now," said John Waldron, the bank's chief operating officer, on Thursday.
In the first quarter, Buffett's company Berkshire Hathaway sold some of its longtime bank holdings while sticking with others.
A rise in funding costs due to higher rates, waning loan demand, weakening asset quality and recession risk will hurt Zacks Major Regional Banks' financials. Yet, industry players like JPM, BAC & C are worth watching on restructuring and digitization efforts.
Today, Bank of America published Break Through the Stigma: Menopause in the Workplace, a new report revealing half of peri- and post-menopausal women (51%) report menopause has negatively impacted their work life, yet only 14% believe their employers recognize the need for menopause-specific benefits. The underrecognized need for menopause-specific benefits comes as 20% of the workforce is in some phase of menopause transition1 and the number of post-menopausal women is expected to reach 1.1 bil
Based on a 58-year track record as CEO of Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B), it's safe to say Warren Buffett knows a thing or two about investing. As of this past weekend, he'd overseen a greater than 3,900,000% return in his company's Class A shares (BRK.A) since taking the reins at Berkshire. What follows are three Warren Buffett stocks that stand out as screaming buys in June.
In the latest trading session, Bank of America (BAC) closed at $28.26, marking a -0.18% move from the previous day.
Beginning the abbreviated trading week on a bullish note, shares of ChargePoint (NYSE: CHPT) are racing higher out of the gate this morning. While cautious optimism about a resolution to the debt ceiling crisis is pushing the S&P 500 slightly higher, an analyst's positive take on the EV charging stock is powering investors to pick up shares. Shares of ChargePoint are up 12.1% as of 11:20 a.m. ET.
Bank of America (BAC) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
When JPMorgan Chase bought First Republic Bank in May, all eyes were on its CEO, Jamie Dimon. Here’s how the executive’s strategy for managing risk propelled him to the top of the banking world. Photo illustration: John McColgan
There aren't many people that can captivate the attention of new and tenured investors quite like Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B) CEO Warren Buffett. Since taking over as CEO of Berkshire in 1965, he's doubled up the average annualized total return, including dividends paid, of the broad-based S&P 500 (19.8% vs. 9.9%). Books can be, and have been, written about Warren Buffett's not-so-secret formula for success.
It looks like Bank of America Corporation ( NYSE:BAC ) is about to go ex-dividend in the next four days. The...