BAC - Bank of America Corporation
30.21 -0.05 (-0.17%)
After hours: 5:07PM EDT
| Previous Close | 30.18 |
| Open | 30.26 |
| Bid | 30.23 x 200 |
| Ask | 30.24 x 200 |
| Day's Range | 30.13 - 30.53 |
| 52 Week Range | 22.07 - 33.05 |
| Volume | 63,190,694 |
| Avg. Volume | 76,541,832 |
| Market Cap | 309.378B |
| Beta | 1.62 |
| PE Ratio (TTM) | 19.41 |
| EPS (TTM) | 1.56 |
| Earnings Date | Jul 16, 2018 |
| Forward Dividend & Yield | 0.48 (1.60%) |
| Ex-Dividend Date | 2018-03-01 |
| 1y Target Est | 34.86 |
Yahoo Finance Video•7 hours agoWells Fargo pays major fine, Steve Madden beats on earnings, report hints at red flags regarding Apple sales
Wells Fargo, Steve Madden, Facebook, Apple, AT&T and Time Warner are the companies to watch.
- Bloomberg Video•2 hours ago
Why BofA's Moec Thinks a Hawkish Fed Is in Europe's Interest
Apr.20 -- Gilles Moec, chief European economist at Bank of America Merrill Lynch, discusses U.S. fiscal policy and the Fed. He speaks on "Bloomberg Markets" from the 2018 spring meeting of the IMF and World Bank Group in Washington.
Yahoo Finance•8 hours agoWells Fargo hit with $1 billion fine
The CFPB and OCC fined Wells Fargo $1 billion relating to unfair practices with mortgage rate fixing and auto loan insurance.
Associated Press•1 hour agoBig banks saved $3.6B in taxes last quarter under new law
NEW YORK (AP) — The nation's six big Wall Street banks posted record, or near record, profits in the first quarter, and they can thank one person in particular: President Donald Trump.
Reuters•2 hours agoU.S. banks push mortgage apps as home lending slows
Big U.S. banks are racing to launch websites and mobile apps to make getting a mortgage faster and easier, investments that may have modest near-term payoffs as home lending activity slows. Bank of America Corp (BAC.N) has spent $1 billion on its digital banking services in the last six years and launched its lineup of techy mortgage products last week. Wells Fargo & Co (WFC.N) rolled out its website and app service during the first quarter, and JPMorgan Chase & Co (JPM.N), which is investing $1.4 billion in technology in 2018, plans to launch its offering later this year.
Market Realist•2 hours agoMorgan Stanley’s Trading Revenue Rises
Morgan Stanley (MS) benefited from higher volatility and posted strong operating numbers. The bank’s Institutional Securities segment posted net income of $2.1 billion, compared with $1.7 billion in 1Q17. The segment’s top line rose to $6.1 billion from $5.2 billion in 1Q17, largely due to sales and trading amid higher market volatility.
- Investopedia•3 hours ago
Big Banks Saved $3.6B in Q1 Under Trump Tax Cuts
The Republican tax overhaul, passed in December, has saved some of America's largest corporations billions in taxes. Financial institutions, among the first companies that typically ring in the corporate earnings season in the U.S., have historically paid some of the highest taxes due to their domestically centered business models. America's leading banks such as JPMorgan Chase & Co. ( JPM), Goldman Sachs Group Inc. ( GS) and Morgan Stanley ( MS) saw their tax rates fall below 17% and 23% for the January through March quarter.
Market Realist•4 hours agoMorgan Stanley Posts Strong Numbers on Trading, Wealth
Morgan Stanley (MS) posted EPS (earnings per share) of $1.45 in 1Q18, higher than analysts’ estimate of $1.25 and its EPS of $1 in 1Q17. The investment bank benefited from market volatility and higher trading revenue across product offerings. It posted net revenue of $11.1 billion and net income of $2.6 billion, representing growth of 14% and 40%, respectively, helped by lower tax, higher trading, and improved efficiency.
- Zacks•7 hours ago
Bank Stock Roundup: JPM, BofA, WFC & C Impress in Q1 Earnings
Investor sentiment remained upbeat on banks' Q1 earnings, with the major players displaying top-line strength on the back of higher rates and improved trading.
InvestorPlace•8 hours agoFriday’s Vital Data: General Electric Company (GE), Amazon.com, Inc. (AMZN) and Bank of America Corp (BAC)
U.S. stock futures are mixed this morning. Wall Street is digesting another round of corporate earnings ahead of a potentially volatile political weekend.
- Market Realist•8 hours ago
Why JPMorgan Chase Is Commanding Premium Valuations
JPMorgan Chase (JPM) stock has generated a return of 13.1% in the last six months and 29.0% in the last year. In comparison, the financial sector (XLF) has grown 5.1% in the last six months and 18.6% in the last year, respectively.
