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Bank of America (BAC)

(Delayed Data from NYSE)

$39.77 USD

39.77
45,606,839

+0.53 (1.35%)

Updated Aug 23, 2024 04:00 PM ET

After-Market: $39.77 0.00 (0.00%) 7:58 PM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy23.68%
2Buy17.55%
3Hold9.21%
4Sell4.93%
5Strong Sell2.36%
S&P50010.96%

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3-Hold of 5     3    

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

Zacks Style Scores Education - Learn more about the Zacks Style Scores

C Value C Growth B Momentum C VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

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Zacks Industry Rank Education -- Learn more about the Zacks Industry Rank

Top 17% (42 out of 251)

Industry: Banks - Major Regional

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Zacks News

Headquartered in Charlotte, NC, Bank of America Corporation (incorporated in 1874) is one of the largest financial holding companies in the United States. With total assets worth $2.74 trillion as of Jun 30, 2020, it provides a diverse range of banking and non-banking financial services and products.

Stock Market News for Aug 23, 2024

by Zacks Equity Research

U.S. stock markets closed lower on Thursday after a choppy session.

Bank of America (BAC) Gains But Lags Market: What You Should Know

by Zacks Equity Research

In the closing of the recent trading day, Bank of America (BAC) stood at $38.75, denoting a +0.16% change from the preceding trading day.

Bank of America Corporation (BAC) is Attracting Investor Attention: Here is What You Should Know

by Zacks Equity Research

Zacks.com users have recently been watching Bank of America (BAC) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.

The Zacks Analyst Blog Highlights NVIDIA, Super Micro Computer, Dell, Bank of America and Advanced Micro Devices

by Zacks Equity Research

NVIDIA, Super Micro Computer, Dell, Bank of America and Advanced Micro Devices are included in this Analyst Blog.

Tirthankar Chakraborty headshot

The Better AI Stock to Buy Now: NVDA or SMCI

by Tirthankar Chakraborty

More growth potential and a lower valuation give AI server solution provider Super Micro (SMCI) an edge over AI chipmaker NVIDIA (NVDA).

Riya Anand headshot

Wells Fargo (WFC) Down 7.5% in 3 Months: To Buy or Stay Clear?

by Riya Anand

Wells Fargo's (WFC) diversified revenue stream and capital adequacy seem favorable. However, existing asset cap and legal scrutiny are a concern.

Swayta Shah headshot

Buffett Continues to Trim BAC Stake: Should You Sell the Stock?

by Swayta Shah

Here, we are assessing whether to follow Warren Buffett and unload Bank of America (BAC) stock or pile it up at the current level to generate solid returns over time.

The Zacks Analyst Blog Highlights Broadcom, Bank of America, Netflix, BK Technologies and Optex Systems

by Zacks Equity Research

Broadcom, Bank of America, Netflix, BK Technologies and Optex Systems are included in this Analyst Blog.

Derek Lewis headshot

Buybacks: 3 Companies Aggressively Buying Shares

by Derek Lewis

Companies commonly deploy repurchase programs to boost shareholder value, all of which we've recently seen from Builders FirstSource, Unum Group, and Bank of America.

Andrew Rocco headshot

Is it Time to Buy Chinese Stocks?

by Andrew Rocco

A housing crisis and slow post-pandemic recovery have weighed on Chinese equities. Yet smart money investors like David Tepper are buying Chinese stocks. Should you?

Sheraz Mian headshot

Top Stock Reports for Broadcom, Bank of America & Netflix

by Sheraz Mian

Today's Research Daily features new research reports on 16 major stocks, including Broadcom Inc. (AVGO), Bank of America Corporation (BAC) and Netflix, Inc. (NFLX), as well as two micro-cap stocks BK Technologies Corporation (BKTI) and Optex Systems Holdings, Inc (OPXS).

Tracey Ryniec headshot

Lessons from Buffett's 2024 Stock Sales

by Tracey Ryniec

Berkshire has sold big chunks of Apple and Bank of America. What does it tell value investors?

Nikita Kataruka headshot

JPMorgan, BofA & Others Face CFPB's Probe Over Zelle Fraud

by Nikita Kataruka

The CFPB probes major banks like JPMorgan (JPM), BofA (BAC) and Well Fargo (WFC) over their handling of customer funds on the peer-to-peer payments platform Zelle.

Bank of America Corporation (BAC) Is a Trending Stock: Facts to Know Before Betting on It

by Zacks Equity Research

Recently, Zacks.com users have been paying close attention to Bank of America (BAC). This makes it worthwhile to examine what the stock has in store.

Northern Trust (NTRS) Rides on Organic Growth Amid High Costs

by Zacks Equity Research

Increasing non-interest income, NII and growth in loan balances are likely to aid Northern Trust's (NTRS) revenues. However, high costs and the current volatility of markets remain a concern.

Should You Invest in the iShares U.S. Financials ETF (IYF)?

by Zacks Equity Research

Sector ETF report for IYF

Aniruddha Ganguly headshot

Buffett Cuts Apple Stake: What Should You Do With AAPL Stock?

by Aniruddha Ganguly

Apple's (AAPL) AI push, growing Services business and strong liquidity position make the shares attractive for investors despite Warren Buffett reducing his stake by 50%.

Is Invesco Large Cap Value ETF (PWV) a Strong ETF Right Now?

by Zacks Equity Research

Smart Beta ETF report for PWV

Riya Anand headshot

U.S. Bank Stocks Fell Amid Concern of Economic Slowdown

by Riya Anand

Shares of Citigroup (C), JPMorgan (JPM), Bank of America (BAC), Wells Fargo (WFC), Goldman Sachs (GS) and other U.S. banks tumbled after a weak July jobs report.

UBS Group (UBS) Files Lawsuit Against Bank of America (BAC)

by Zacks Equity Research

UBS Group (UBS) files a case against Bank of America (BAC) for $200 million. It alleges that BAC refused to comply with indemnification obligations on risky mortgage loans issued before the 2008 crisis.

Wells Fargo (WFC) Rides on Cost Control Amid Lower Loan Growth

by Zacks Equity Research

Wells Fargo's (WFC) cost-saving initiatives, along with its rising deposit balance, are expected to support its financials. However, a subdued loan balance is likely to impede the top-line growth.

Swayta Shah headshot

JPMorgan (JPM) Stock Near 52-Week High: Right Time to Buy?

by Swayta Shah

With JPMorgan (JPM) trading near its 52-week high, should investors consider buying the stock now or wait for the dip? Let's try to figure that out.

Riya Anand headshot

Citigroup (C) Stock Rallies 27.3% YTD: What's Next for Investors?

by Riya Anand

Citigroup's (C) strength in the IB business and improving fee-based income looks favorable. However, rising expenses are a concern. Should investors buy the stock or wait for a better entry point?

Shuvra Shankar Dey headshot

SOFI Stock Before Q2 Earnings: Should You Buy, Sell or Hold?

by Shuvra Shankar Dey

SOFI's second-quarter 2024 earnings and revenues are likely to increase year over year.

Shuvra Shankar Dey headshot

SoFi Technologies (SOFI) Rises 12% in a Month: Good Time to Buy?

by Shuvra Shankar Dey

Given the recent surge in SoFi Technologies (SOFI) shares, we evaluate the stock's current position to determine how to play it now.