|Bid||26.540 x 30200|
|Ask||26.550 x 160500|
|Day's Range||26.330 - 26.550|
|52 Week Range||16.280 - 26.550|
|PE Ratio (TTM)||15.80|
|Earnings Date||Jan 11, 2018 - Jan 15, 2018|
|Dividend & Yield||0.48 (1.83%)|
|1y Target Est||28.05|
The problem for Bank of America Corp. (NYSE:BAC) is that it — along with many of its money center rivals — has become anything but boring. On the contrary, it actually means that Bank of America is a great bank. Like Citigroup Inc (NYSE:C), JPMorgan Chase & Co. (NYSE:JPM) and its other big bank rivals, Bank of America has made a pretty penny over the years from trading revenues.
Asset managers (XLF) have raked in new assets as retail and institutional clients seek to generate higher returns through equities. Investments have also risen due to expectations of tax rate…
Bank of America Corp. (NYSE:BAC) has regained its reputation as America’s best consumer bank.Source: Mike Mozart via Flickr
In this series, we’ll examine Bank of America’s performance across divisions, expected growth, strategic investments, valuation, dividends, yields, and analyst ratings.
Illinois on Tuesday sold the first $1.5 billion of a planned $6 billion of tax-exempt debt in the U.S. municipal market with mixed results. The state will sell the remaining $4.5 billion of general obligation bonds through a team of underwriters next week. “The state received strong bids today for its bonds and is pleased with the market’s favorable reception of the sale,” Scott Harry, Illinois' budget director, said in a statement.
Wall Street’s biggest brokerages posted double-digit gains in third-quarter profit as clients continued to move money into fee-based accounts and take on more debt.
TransCanada Corp. (TRP) is growing its footprint in the Bank of America Center again. The Calgary, Canada-based pipeline company signed a lease for another 82,916 square feet across three floors at 700 Louisiana St., according to a press release from Houston-based PM Realty Group. TransCanada now occupies nearly 260,000 square feet in the tower.
Record-setting markets continue to favor more risky growth sectors like technology and biotechnology. And while many of the managers I recommend know how to selectively squeeze more profits from these high-flying sectors, there’s one fund that is going against the buy-at-any-price S&P 500 herd — and the time to buy that fund is now. Right now.Source: Shutterstock
Goldman Sachs' third-quarter profits fell 3 percent from a year earlier, as the trading desks at Wall Street's biggest investment bank were weighed down by a slow summer that also affected most of its ...
U.S. stock futures are mixed this morning, as traders digest the latest wave of corporate earnings reports. Netflix, Inc. (NASDAQ:NFLX), yesterday’s highlight, is up after adding 5.3 million subscribers last quarter.
Credit Suisse With Bank of America’s third-quarter upside, we’re raising our full-year 2017 earnings-per-share estimate to $1.81 from $1.77; our 2018 and 2019 EPS estimates are unchanged at $2.10 and $2.30 ...
NEW YORK, NY / ACCESSWIRE / October 17, 2017 / All three major indexes notched record closes on Monday setting a positive tone for an important week of corporate earnings. The Dow Jones Industrial Average ...
MELBOURNE, Florida , October 17, 2017 /PRNewswire/ -- NXT-ID, Inc. (NASDAQ: NXTD ), a provider of payment, credential management, and authentication platform services, announces it will be exhibiting at ...
Research Desk Line-up: First Republic Bank Post Earnings Coverage LONDON, UK / ACCESSWIRE / October 17, 2017 / Pro-Trader Daily has just published a free post-earnings coverage on Bank of America Corp. ...
Investing.com - Crude oil prices fell in Asia on Tuesday on profit taking after sharp gains on geopolitical tensions in Iraq and Iran stoked buying.
When it comes to money, a new survey fielded by the bank found that people would rather trip and fall in public than ask a friend to pay them back for a loan.
Bank of American Merrill Lynch downgraded Chipotle and cut its earnings targets, citing the restaurant's inability to reduce labor costs.
Oct.18 -- Michelle Meyer, head of U.S. economics at Bank of America Merrill Lynch, examines the decline in U.S. home construction in September. She speaks on "Bloomberg Daybreak: Americas."
Kenneth Leon, CFRA director of equity research, weighs in on key issues banks are watching, including tax reform and the next Fed chair. Also Leon shares his top bank picks.
Oct.17 -- U.K. inflation moved to its highest level in more than five years in September, reaching three percent on an increase in food and transportation costs. Kamal Sharma, director of G10 FX strategy at Bank of America Merrill Lynch and Bloomberg's Francine Lacqua examine the data on "Bloomberg Surveillance."