Bank of America Corporation

30.31+0.7800+2.64%Vol 52.12M1Y Perf -20.19%
Nov 29th, 2023 16:00 DELAYED
BID30.33 ASK30.37
Open29.88 Previous Close29.53
Pre-Market- After-Market30.34
 - -  0.03 0.10%
Target Price
41.66 
Analyst Rating
Moderate Buy 2.21
Potential %
37.45 
Finscreener Ranking
★★+     48.00
Insiders Trans % 3/6/12 mo.
-/-/-100 
Value Ranking
★★★+     53.29
Insiders Value % 3/6/12 mo.
-/-/-100 
Growth Ranking
★★     44.91
Insiders Shares Cnt. % 3/6/12 mo.
-/-/-100 
Income Ranking
★★★     43.63
Price Range Ratio 52W %
41.51 
Earnings Rating
Sell
Market Cap239.87B 
Earnings Date
17th Oct 2023
Alpha-0.01 Standard Deviation0.10
Beta1.39 

Today's Price Range

29.8130.61

52W Range

24.9637.85

5 Year PE Ratio Range

6.6026.00

Summary:

Buy

Technical Indicators: Neutral
Moving Averages: Strong Buy
Performance
1 Week
2.29%
1 Month
17.98%
3 Months
4.37%
6 Months
7.25%
1 Year
-20.19%
3 Years
8.31%
5 Years
6.73%
10 Years
94.92%

TickerPriceChg.Chg.%
BAC30.310.78002.64
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GOOG136.40-2.2200-1.60
MSFT378.85-3.8500-1.01
XOM102.34-1.5600-1.50
WFC43.780.41000.95
JNJ152.110.48000.32
FB196.640.99000.51
GE118.860.01000.01
JPM154.320.78000.51
ProfitabilityValueIndustryS&P 500US Markets
-
-
-
34.50
25.45
RevenueValueIndustryS&P 500US Markets
80.13B
9.99
-6.22
-0.99
DividendsValueIndustryS&P 500US Markets
2.60
0.88
9.81
20.85
Payout ratio24.00
Earnings HistoryEstimateReportedSurprise %
Q03 20230.810.9011.11
Q02 20230.840.884.76
Q01 20230.790.9418.99
Q04 20220.760.8511.84
Q03 20220.790.812.53
Q02 20220.770.73-5.19
Q01 20220.760.805.26
Q04 20210.760.827.89
Earnings Per EndEstimateRevision %Trend
12/2023 QR0.72-7.69Negative
12/2023 FY3.430.59Positive
3/2024 QR0.79-1.25Negative
12/2024 FY3.250.31Positive
Next Report Date-
Estimated EPS Next Report0.80
Estimates Count12
EPS Growth Next 5 Years %7.00
Volume Overview
Volume52.12M
Shares Outstanding7.91M
Shares Float6.89B
Trades Count176.45K
Dollar Volume1.58B
Avg. Volume36.88M
Avg. Weekly Volume29.34M
Avg. Monthly Volume38.44M
Avg. Quarterly Volume42.84M

Bank of America Corporation (NYSE: BAC) stock closed at 30.31 per share at the end of the most recent trading day (a 2.64% change compared to the prior day closing price) with a volume of 52.12M shares and market capitalization of 239.87B. Is a component of S&P 500, Russell 1000 indices and it is traded on NYSE exchange. The company belongs in the Banks industry, Financial Services sector and employs 209000 people. Bank of America Corporation CEO is Brian T. Moynihan.

The one-year performance of Bank of America Corporation stock is -20.19%, while year-to-date (YTD) performance is -8.48%. BAC stock has a five-year performance of 6.73%. Its 52-week range is between 24.96 and 37.85, which gives BAC stock a 52-week price range ratio of 41.51%

Bank of America Corporation currently has a PE ratio of 10.90, a price-to-book (PB) ratio of 1.15, a price-to-sale (PS) ratio of 3.39, a price to cashflow ratio of 38.30, a PEG ratio of 1.56, a ROA of 0.91%, a ROC of -% and a ROE of 11.47%. The company’s profit margin is 25.45%, its EBITDA margin is -%, and its revenue ttm is $80.13 Billion , which makes it $9.99 revenue per share.

Of the last four earnings reports from Bank of America Corporation, there were 4 positive earnings surprise and 0 negative earnings surprise. The company has EPS estimate of $0.80 for the next earnings report. Bank of America Corporation’s next earnings report date is -.

The consensus rating of Wall Street analysts for Bank of America Corporation is Moderate Buy (2.21), with a target price of $41.66, which is +37.45% compared to the current price. The earnings rating for Bank of America Corporation stock is Sell (calculated from actual period earnings estimates revision (80% weight) and previous period earnings surprise (20% weight)).

Bank of America Corporation has a dividend yield of 2.60% with a dividend per share of $0.88 and a payout ratio of 24.00%.

Bank of America Corporation has a Buy technical analysis rating based on Technical Indicators (ADX : 21.91, ATR14 : 0.63, CCI20 : 98.49, Chaikin Money Flow : 0.19, MACD : 0.76, Money Flow Index : 45.51, ROC : 10.10, RSI : 68.95, STOCH (14,3) : 90.96, STOCH RSI : 0.86, UO : 57.69, Williams %R : -9.04), Simple Moving Averages and Exponential Moving Averages.

Aggregated Insider Trades of Bank of America Corporation in the last 12-months were: Aditya Bhasin (Option Excercise at a value of $0), Alastair Borthwick (Option Excercise at a value of $0), Andrew M. Sieg (Option Excercise at a value of $0), Athanasia Dean C (Sold 77 806 shares of value $2 449 722 ), Bernard A. Mensah (Option Excercise at a value of $0), Bhasin Aditya (Option Excercise at a value of $0), Boland Darrin (Option Excercise at a value of $0), Borthwick Alastair (Option Excercise at a value of $0), Brian T. Moynihan (Option Excercise at a value of $0), Bronstein Sheri (Option Excercise at a value of $0), Darrin Steve Boland (Option Excercise at a value of $0), Dean C. Athanasia (Option Excercise at a value of $0), Demare James (Option Excercise at a value of $0), Eric A. Schimpf (Sold 0 shares of value $0 ), Geoffrey S. Greener (Option Excercise at a value of $0), James P. DeMare (Option Excercise at a value of $0), Kathleen A. Knox (Option Excercise at a value of $0), Knox Kathleen (Option Excercise at a value of $0), Koder Matthew (Option Excercise at a value of $0), Koder Matthew (Sold 105 054 shares of value $3 600 200 ), Lindsay D. Hans (Sold 0 shares of value $0 ), Matthew M. Koder (Option Excercise at a value of $0), Matthew M. Koder (Sold 319 799 shares of value $11 312 547 ), Mensah Bernard (Sold 0 shares of value $0 ), Mogensen Lauren (Option Excercise at a value of $0), Paul M. Donofrio (Option Excercise at a value of $0), Rudolf A. Bless (Option Excercise at a value of $0), Scrivener Thomas (Option Excercise at a value of $0), Sheri B. Bronstein (Option Excercise at a value of $0), Sieg Andrew (Option Excercise at a value of $0), Thompson Bruce (Sold 0 shares of value $0 ), Thong M. Nguyen (Option Excercise at a value of $0)

Analyst RatingsCurrent1 M ago3 M ago
Strong Buy
8 (42.11 %)
8 (42.11 %)
8 (42.11 %)
Moderate Buy
1 (5.26 %)
1 (5.26 %)
1 (5.26 %)
Hold
9 (47.37 %)
8 (42.11 %)
8 (42.11 %)
Moderate Sell
0 (0.00 %)
1 (5.26 %)
1 (5.26 %)
Strong Sell
1 (5.26 %)
1 (5.26 %)
1 (5.26 %)
Summary RatingModerate Buy
2.21
Moderate Buy
2.26
Moderate Buy
2.26

Bank of America Corporation

Bank of America is one of the largest financial institutions in the United States, with more than $2.5 trillion in assets. It is organized into four major segments: consumer banking, global wealth and investment management, global banking, and global markets. Bank of America's consumer-facing lines of business include its network of branches and deposit-gathering operations, home mortgage lending, vehicle lending, credit and debit cards, and small-business services. The company's Merrill Lynch operations provide brokerage and wealth-management services, as does U.S. Trust private bank. Wholesale lines of business include investment banking, corporate and commercial real estate lending, and capital markets operations. Bank of America has operations in several countries.

CEO: Brian T. Moynihan

Telephone: +1 704 386-5681

Address: 100 North Tryon Street, Charlotte 28255, NC, US

Number of employees: 209 000

Bearish or Bullish?
WeekMonthThree MonthsSix Months

Bearish Bullish

50%50%

Bearish Bullish

52%48%

Bearish Bullish

51%49%

Bearish Bullish

54%46%

 

TipRanks News for BAC

Fri, 03 Nov 2023 17:00 GMT BofA, other big banks having issues with Automated Clearing House, CNN says

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Wed, 01 Nov 2023 12:56 GMT Deutsche Bank downgrades Bank of America (BAC) to a Hold

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Mon, 16 Oct 2023 12:00 GMT Bank of America put buyer realizes 13% same-day gains

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Mon, 09 Oct 2023 12:17 GMT Bank of America (BAC) Gets a Buy from J.P. Morgan

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Tue, 12 Sep 2023 12:30 GMT Analysts Conflicted on These Financial Names: PennyMac Financial (PFSI), Bank of America (BAC) and Comerica (CMA)

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Wed, 19 Jul 2023 11:05 GMT Bank of America (BAC) Receives a Hold from BMO Capital

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Mon, 17 Jul 2023 08:13 GMT 7 Major Q2 Bank Earnings: Heres What Analysts Expect This Week

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News

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