BAC - Bank of America Corporation

NYSE - Nasdaq Real Time Price. Currency in USD
27.65
-0.81 (-2.85%)
As of 11:13AM EDT. Market open.
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Previous Close28.46
Open28.49
Bid27.79 x 4000
Ask27.80 x 1100
Day's Range27.64 - 28.62
52 Week Range25.81 - 33.05
Volume39,614,928
Avg. Volume56,903,795
Market Cap276.108B
Beta (3Y Monthly)1.69
PE Ratio (TTM)14.53
EPS (TTM)1.90
Earnings DateOct 15, 2018
Forward Dividend & Yield0.60 (2.11%)
Ex-Dividend Date2018-09-06
1y Target Est34.89
Trade prices are not sourced from all markets
  • Bank of America beats in latest earnings
    Yahoo Finance Video31 minutes ago

    Bank of America beats in latest earnings

    Bank of America posted a beat in its latest earnings. Yahoo Finance’s Scott Gamm has details from the New York Stock Exchange.

  • Financial ETF down after bank earnings
    CNBC Videos56 minutes ago

    Financial ETF down after bank earnings

    CNBC's Wilfred Frost takes a look at ETFs tracking financials following bank earnings releases.

  • Bank of America beats on top and bottom line
    CNBC Videos4 hours ago

    Bank of America beats on top and bottom line

    CNBC's Wilfred Frost reports on Bank of America's quarterly earnings.

  • The Wall Street Journal46 minutes ago

    [$$] Bank of America Should Seize Its Moment

    Its large and loyal deposit base shields it somewhat from competition on the funding side, while rates on its credit card and business loans adjust upwards quickly. This is playing out now as the Federal Reserve continues to raise rates. Bank of America on Monday said third-quarter profit jumped 32% from a year earlier on a 4% rise in revenue, both beating expectations.

  • Bank of America Earnings: Better Margins, Strong Asset Quality, and an All-Around Good Quarter
    Motley Fool58 minutes ago

    Bank of America Earnings: Better Margins, Strong Asset Quality, and an All-Around Good Quarter

    Bank of America continues to grow and improve in a sustainable way.

  • BofA Stung by Shadow Banks as Investment-Banking Fees Slip
    Bloomberg1 hour ago

    BofA Stung by Shadow Banks as Investment-Banking Fees Slip

    While analysts had expected the firm to lose share to rivals in advisory fees, BofA also posted a 29 percent decline in debt-underwriting revenue, almost twice the drop that had been estimated. BofA’s income from leveraged finance was pinched by regulatory constraints and increased competition from nonbank lenders, sometimes known as shadow banks, Chief Financial Officer Paul Donofrio said on a call with journalists Monday. The firm’s investment bank has also been grappling with a string of senior-level departures this year, including the exit of the business’s head, Christian Meissner.

  • JPMorgan Chase’s 3Q Earnings Crushed Analysts’ Estimates
    Market Realist1 hour ago

    JPMorgan Chase’s 3Q Earnings Crushed Analysts’ Estimates

    JPMorgan Chase (JPM) reported better-than-expected third-quarter bottom-line results due to increased interest income and the lower effective tax rate. JPMorgan Chase reported an upbeat performance for the third consecutive quarter. The company beat analysts’ estimates in 13 of the last 14 quarters with an average positive surprise of ~8%.

  • MarketWatch2 hours ago

    Dow resumes slide as Sears files for bankruptcy, B.of A. reports results

    U.S. stock benchmarks fell at the start of trade on Monday, resuming a retreat for the major benchmarks that resulted in the worst weekly losses since March. The decline for stocks come after an iconic retailer announced that it was filing from protection from creditors and as banks rolled out third-quarter results. The Dow Jones Industrial Average slipped by 52 points, or 0.2%, at 25,289, the S&P 500 index declined by about 0.2% at 2,758. Meanwhile, the Nasdaq Composite Index fell about 0.7% to 7,443. In corporate news, Bank of America Corp. reported third-quarter results that beat expectations ahead of the market's official open. Separately, retailer Sears Holdings Corp. filed for bankruptcy as had been widely expected. Last week's decline in stocks were partly fueled by a surge in government bond yields, which can translate to higher borrowing costs for corporations and individuals.

  • Bank of America Limits Risk But Also Its Reward
    Bloomberg3 hours ago

    Bank of America Limits Risk But Also Its Reward

    Bank of America’s anticipated losses from bad loans fell 14 percent from the same period a year ago to $716 million. Overall, revenue Bank of America’s consumer lending business grew 7 percent. Critics have pointed out that the trade-off is in investment banking, where Bank of America has been cautious.

  • TheStreet.com3 hours ago

    Sears, Saudi Arabia, Bank of America and Cannabis - 5 Things You Must Know

    finally succumbed to what long seemed inevitable: The storied retailer filed for Chapter 11 bankruptcy protection in the early morning hours on Monday, Oct. 15. The filing for the Hoffman Estates, Ill.-based department store owner comes ahead of a looming debt repayment due later Monday and just after the chain added restructuring expert Alan J. Carr to its board. Sears shares have plummeted this year, closing at 40 cents on Friday, Oct. 12.

  • Citigroup’s Q3 Earnings Rose on Higher Spread and Lower Tax Rate
    Market Realist3 hours ago

    Citigroup’s Q3 Earnings Rose on Higher Spread and Lower Tax Rate

    Citigroup (C) continued its strong earnings streak with better-than-expected bottom-line results for the third quarter of 2018. The bank posted earnings of $1.73, which was above Wall Street estimates of $1.69. Third-quarter earnings rose 21.8% on a YoY basis and 6.1% sequentially.

  • Bank of America profit beats on lower costs, loan growth
    Reuters3 hours ago

    Bank of America profit beats on lower costs, loan growth

    In his near-decade long tenure as chief executive officer, Brian Moynihan has tried to streamline the lender's sprawling operations by cutting jobs, digitizing retail operations and getting rid of crisis-era mortgages, which he inherited as part of its acquisition of Countrywide Financial. Two years ago, Moynihan pledged to cut expenses to $53 billion by the end of this year and stick to that level until 2020. "Responsible growth, backed by a solid U.S. economy and a healthy U.S. consumer, combined to deliver the highest quarterly pre-tax earnings in our company's history," Moynihan said in a statement.

  • ACCESSWIRE3 hours ago

    Today’s Research Reports on Stocks to Watch: Bank of America and Wells Fargo

    NEW YORK, NY / ACCESSWIRE / October 15, 2018 / It’s earnings time for banks and Wells Fargo already delivered its earnings report with Bank of America reporting today. Bank of America is the next big bank to report its earnings today following the release of Wells Fargo's earnings last week. Bank of America has said that the records were copied and returned to the bank and still exist in its system.

  • Bank of America profit beats on lower costs, loan growth
    Reuters3 hours ago

    Bank of America profit beats on lower costs, loan growth

    In his near-decade long tenure as chief executive officer, Brian Moynihan has tried to streamline the lender's sprawling operations by cutting jobs, digitizing retail operations and getting rid of crisis-era mortgages, which he inherited as part of its acquisition of Countrywide Financial. Two years ago, Moynihan pledged to cut expenses to $53 billion by the end of this year and stick to that level until 2020. "Responsible growth, backed by a solid U.S. economy and a healthy U.S. consumer, combined to deliver the highest quarterly pre-tax earnings in our company's history," Moynihan said in a statement.

  • CNBC3 hours ago

    Stocks making the biggest moves premarket: BAC, DVMT, WMT, HRS, LLL & more

    These are the stocks posting the largest moves before the bell.

  • Bank of America exceeds expectations in third-quarter earnings
    American City Business Journals3 hours ago

    Bank of America exceeds expectations in third-quarter earnings

    Bank of America Corp. reported its 15th consecutive quarter of positive operating leverage Monday morning, when the Charlotte-based bank released its third-quarter earnings report.

  • BofA (BAC) Beats on Q3 Earnings and Revenue Estimates
    Zacks4 hours ago

    BofA (BAC) Beats on Q3 Earnings and Revenue Estimates

    Rise in revenues and lower costs support BofA's (BAC) Q3 earnings.

  • Reuters4 hours ago

    Bank of America profit rises 35 pct on tax cuts, loan growth

    Bank of America Corp reported a 35 percent rise in quarterly profit on Monday as the second-largest U.S. lender benefited from tax cuts, while growth in lending helped it offset lower bond trading revenue. ...

  • CNBC4 hours ago

    Bank of America's earnings jump, topping Wall Street estimates, as consumer credit improves

    The firm's net interest margin, a widely watched measure of profitability, rose 4 basis points to 2.42 percentage points, beating the analyst estimate by 1 basis point. Bank of America BAC on Monday beat analysts' estimate for third-quarter profit and revenue as the nation's second-largest bank set aside less than expected for loan losses.

  • Business Wire4 hours ago

    Bank of America Reports Third-Quarter 2018 Financial Results

    Bank of America reported its third-quarter 2018 financial results today. The news release, supplemental filing and investor presentation can be accessed in the following ways:

  • ACCESSWIRE5 hours ago

    Bank of America Corporation to Host Earnings Call

    NEW YORK, NY / ACCESSWIRE / October 15, 2018 / Bank of AmericaCorporation (NYSE: BAC ) will be discussing their earnings results in their 2018 ThirdQuarter Earnings to be held on October15, 2018 at 8:30 ...

  • The Wall Street Journal15 hours ago

    Bank of America Is Missing Out on Wall Street’s Boom

    Bank of America Corp.’s purchase of Merrill Lynch & Co., struck on the panic-filled 2008 weekend that Lehman Brothers failed, was supposed to make the lender a top-flight global investment bank. Bank of America has failed to capture the benefits of a deal-making boom that has lifted its Wall Street rivals. Its overall investment-banking revenue in the first nine months of this year is roughly flat compared with the same period in 2010, compared with an average increase of more than 50% at U.S. peers including Goldman Sachs Group Inc. and JPMorgan Chase & Co.

  • Barrons.com19 hours ago

    Goldman Sachs, AmEx and Federal Reserve Minutes: The Week Ahead

    Third-quarter earnings season is here, with 54 S&P 500 components releasing results this week. The Federal Open Market Committee’s minutes from its September policy meeting will also be released.