|Bid||21.72 x 800|
|Ask||21.77 x 900|
|Day's Range||21.72 - 21.82|
|52 Week Range||18.60 - 24.98|
|Beta (3Y Monthly)||0.02|
|PE Ratio (TTM)||8.08|
|Forward Dividend & Yield||1.02 (4.68%)|
|1y Target Est||N/A|
The Global CIO of fixed income at BlackRock said the Federal Reserve should aggressively cut interest rates.
Citigroup earnings and revenue beat Q2 views, helped by its Tradeweb stake. Citigroup stock reversed lowered but is holding in a buy zone.
Tough conditions in securities trading could be a negative in the bank's second quarter results, but consumer lending should solid.
Bank of America Corp.'s Cathy Bessant is in talks with Wells Fargo & Co. about its chief executive role, according to a Bloomberg report.
In recent weeks we’ve looked at Charlotte-based public companies and their highest-paid executives. Bank of America Corp. (NYSE:BAC) tops the list with a market capitalization of $238 billion. BB&T Corp. (NYSE:BBT), No. 4 on The List with market capitalization of $33 billion, will also be based in Charlotte after its pending merger with SunTrust Banks Inc. is completed.
Record highs for U.S. stocks are partly the result of rising valuations, but shares of these solid companies have managed to stay cheap.
One Canadian supermarket's reusable bag crusade is a microcosm of a much larger trend in business and politics in 2019.
After a more than year-long renovation, Bank of America and Merrill Lynch are now under one local roof.
Bank of America is donating $480,000 to 21 St. Louis nonprofits. “St. Louis continues to be an area deeply affected by poverty, with 24% of the city’s population falling below the national poverty line,” the company said in announcing the grants Tuesday.
Charlotte-based BofA plans to return as much as $37 billion to shareholders between July 1 and June 30, 2020.
Bank of America Corp NYSE:BACView full report here! Summary * Perception of the company's creditworthiness is positive * 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 | NeutralETF activity is neutral. The net inflows of $3.79 billion over the last one-month into ETFs that hold BAC are not among the highest of the last year and have been slowing. 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 | PositiveThe current level displays a positive indicator. BAC credit default swap spreads are near the lowest level of the last three years and indicate the market's continued positive perception of the company's credit worthiness.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.
Learn about the USAA Money Market Fund and understand why it offers safety for short-term investors but leaves much to be desired where yield is concerned.
Rainier Square has "seen significant interest from a number of very large tenants," the commercial real estate company's most recent market report states.
Bank of America Merrill Lynch has initiated coverage on the newly public Revolve Group LLC (NYSE: RVLV ) The Analyst Justin Post initiated coverage of Revolve with a Neutral rating and $36 price target. ...
Bank of America Merrill Lynch has named Peter Guenthardt as co-head of Asia-Pacific investment banking, according to an internal memo seen by Reuters on Wednesday. Guenthardt, who joined Bank of America in 2014 and has worked as country executive for Singapore and Southeast Asia since 2016, will work alongside Alex To in his new role, the memo to bank staff said. Guenthardt and To will report into the bank's head of Asia-Pacific global corporate and investment banking Jiro Seguchi, and co-heads of global investment banking Jack MacDonald and Thomas Sheehan, the memo said.