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Bank of America (BAC)

(Delayed Data from NYSE)

$41.76 USD

41.76
31,207,759

-0.06 (-0.14%)

Updated Nov 1, 2024 04:00 PM ET

After-Market: $41.81 +0.05 (0.12%) 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 Buy24.10%
2Buy17.80%
3Hold9.50%
4Sell2.70%
5Strong Sell2.70%
S&P50011.20%

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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

F Value F Growth D Momentum F 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%.

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

Top 12% (31 out of 250)

Industry: Financial - Investment Bank

Better trading starts here.

Zacks News

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Q4 Earnings Season Kicks Off Positively

We are off to a good start in the Q4 earnings season, with an above-average proportion of companies beating EPS estimates. Will the trend continue?

Morgan Stanley (MS) Q4 Earnings Beat, Provisions Decline Y/Y

Morgan Stanley (MS) records a decline in net interest income and higher expenses in the fourth quarter of 2023.

Stock Market News for Jan 16, 2024

Benchmarks finished mixed on Friday as investors digested discouraging fourth-quarter bank earnings that offset a drop in wholesale prices, which raised hopes of interest rate cuts this year.

Stock Market News for Jan 15, 2024

The S&P 500 and the Nasdaq ticked higher on Friday, while the Dow ended in negative zone amid mixed fourth-quarter earnings results.

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5 Best Inverse/Leveraged ETFs of Last Week

Overall, Wall Street concluded the week with a mixed performance, with bank earnings falling short of expectations.

Zacks Investment Ideas feature highlights: JP Morgan Chase, Wells Fargo, Citigroup and Bank of America

JP Morgan Chase, Wells Fargo, Citigroup and Bank of America have been highlighted in this Investment Ideas article.

Bank of America, JPMorgan, Citigroup and Wells Fargo are part of Zacks Earnings Preview

Bank of America, JPMorgan, Citigroup and Wells Fargo are part of Zacks Earnings Preview.

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Breaking Down Early Q4 Earnings Results

We are off to a good enough start in the Q4 earnings season, though it may be hard to reach that conclusion from the seemingly 'noisy' big bank results.

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The Biggest Banks Reported Earnings Today: This One is the Clear Leader

Big bank earnings were mixed amid rising interest rates last year, but this one stood above the others

Earnings Data Deluge

Earnings Data Deluge.

Mark Vickery headshot

PPI Moves Lower, Along with Big Banks on Q4 Earnings

Many of today's PPI metrics clearly point to low-growth elements within the wholesale market.

BofA's (BAC) Q4 Earnings Beat, Weakness in NII & IB Hurts

Improving trading numbers and marginal loan growth support BofA's (BAC) Q4 earnings, while higher funding costs, weakness in IB and rise in expenses and provisions act as headwinds.

Bank of America (BAC) Reports Q4 Earnings: What Key Metrics Have to Say

The headline numbers for Bank of America (BAC) give insight into how the company performed in the quarter ended December 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Bank of America (BAC) Surpasses Q4 Earnings Estimates

Bank of America (BAC) delivered earnings and revenue surprises of 1.45% and 8.79%, respectively, for the quarter ended December 2023. Do the numbers hold clues to what lies ahead for the stock?

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Q4 Earnings from Wall Street On Deck: JPMorgan, Citi, BofA and Wells Fargo

We turn our attention to Q4 earnings season, which picks up steam Friday morning before the opening bell.

December CPI Hotter-Than-Expected

December CPI Hotter-Than-Expected

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CPI Warmer than Expected; Jobless Claims Stay Low

Core CPI year over year of +3.9% is the first sub-4% print since May 2021.

Citigroup's (C) Reserves & Charges of $3.78B to Hurt Q4 Results

Citigroup (C) discloses charges and reserves of $3.78 billion, recorded in the fourth quarter of 2023, before the announcement of its results to enhance transparency.

EnerSys and Arcadium Lithium have been highlighted as Zacks Bull and Bear of the Day

EnerSys and Arcadium Lithium are part of the Zacks Bull and Bear of the Day article.

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How Will Bank ETFs Perform in Light of Q4 Earnings?

Chances of a broad-based earnings beat are low-to-moderate as several stocks are experiencing a negative ESP.

Wall Street Awaits Key Inflation Data

Wall Street Awaits Key Inflation Data

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Quiet Before the Economic Data Storm

Among big news on deck this week are CPI and PPI data, Weekly Jobless Claims and the start of Q4 earnings season.

High Rates, Loans, IB, Trading to Aid BofA (BAC) Q4 Earnings

Higher rates and modest trading and IB performances are expected to have supported BofA's (BAC) Q4 earnings amid higher provisions and non-interest expenses.

Jefferies (JEF) Stock Dips 2.3% Despite Q4 Earnings Beat

Jefferies' (JEF) fiscal Q4 earnings benefit from lower expenses and strong underwriting business, while a decline in revenues and weak asset management segment's performance are headwinds.

The Zacks Analyst Blog Highlights JPMorgan Chase, Bank of America and Citigroup

JPMorgan Chase, Bank of America and Citigroup are part of the Zacks top Analyst Blog.