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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.

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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

Better trading starts here.

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.

Brokers Suggest Investing in Bank of America (BAC): Read This Before Placing a Bet

According to the average brokerage recommendation (ABR), one should invest in Bank of America (BAC). It is debatable whether this highly sought-after metric is effective because Wall Street analysts' recommendations tend to be overly optimistic. Would it be worth investing in the stock?

Investors Heavily Search Bank of America Corporation (BAC): Here is What You Need to Know

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.

Are You Looking for a Top Momentum Pick? Why Bank of America (BAC) is a Great Choice

Does Bank of America (BAC) have what it takes to be a top stock pick for momentum investors? Let's find out.

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Is Wells Fargo (WFC) Worth a Bet Post Q2 Earnings Beat?

Wells Fargo's (WFC) strength in fee-based income and capital adequacy seems favorable. However, the existing asset cap is a concern.

Should You Invest in the Invesco KBW Bank ETF (KBWB)?

Sector ETF report for KBWB

Swayta Shah headshot

BAC Stock Near 2-Year High Post Q2 Earnings: Too Late to Invest?

Bank of America (BAC) stock is trading near its 2-year high after releasing better-than-expected Q2 earnings. Here we assess whether it is too late to buy the shares or still have an opportunity to accumulate them.

Sanghamitra Saha headshot

What You Need to Know About Bank ETFs In Light of Q2 Earnings

U.S. banking earnings indicate solid investment banking performance and tepid consumer finances.

Zacks Earnings Trends Highlights: Bank of America, Goldman Sachs and JPMorgan

Bank of America, Goldman Sachs and JPMorgan have been highlighted in this Earnings Trends article.

Sheraz Mian headshot

Q2 Earnings Season Starts Positively

We are off to a good start in the Q2 earnings season, with the growth pace steadily improving, an above-average proportion of companies beating EPS estimates, and companies generally providing a reassuring outlook for the coming periods.

Sheraz Mian headshot

Q2 Earnings Season Starts Positively

We are off to a good start in the Q2 earnings season, with the growth pace steadily improving, an above-average proportion of companies beating EPS estimates, and companies generally providing a reassuring outlook for the coming periods.

Shaun Pruitt headshot

Stocks to Watch as Trump Picks Running Mate

Whether you're an investor who keeps it neutral regarding politics or not, being mindful of policies that may affect certain areas of the economy is still beneficial and sometimes necessary.

Company News for Jul 17, 2024

Companies in The News Are: BAC,MS,PNC,FBK

Retail Sales Came in Better Than Expected

Retail Sales Came in Better Than Expected

Mark Vickery headshot

Econ Reports, Q2 Earnings Take July Rate Cut Off the Table

Any investors still hoping for a July rate cut based on economic prints, we can uncross our fingers now.

Compared to Estimates, Bank of America (BAC) Q2 Earnings: A Look at Key Metrics

Although the revenue and EPS for Bank of America (BAC) give a sense of how its business performed in the quarter ended June 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Stock Market News for Jul 16, 2024

U.S stocks closed higher on Monday, building on Friday???s rally, as investors increased their bets on the chances of Donald Trump winning the U.S. presidential election in November following a failed assassination attempt on the Republican nominee over the weekend.

BofA (BAC) Gains on Q2 Earnings Beat, IB & Trading Fee Growth

BofA (BAC) records a marginal increase in revenues in the second quarter of 2024.

Bank of America (BAC) Q2 Earnings and Revenues Beat Estimates

Bank of America (BAC) delivered earnings and revenue surprises of 5.06% and 0.76%, respectively, for the quarter ended June 2024. Do the numbers hold clues to what lies ahead for the stock?

Mark Vickery headshot

Dow Closes at New High as Q2 Earnings Season Heats Up

Earnings season only picks up steam in the weeks to come.

John Blank headshot

A Big Week in the USA: Global Week Ahead

Inflation and higher rates have tested the resilience of households as signs of a cooling economy and inflation bolster expectations for rate cuts to start in September.

Q2 Earnings Parade Continues

Q2 Earnings Parade Continues

Mark Vickery headshot

Pre-Markets Up as 1st Full Week of Q2 Earnings Begins

Goldman Sachs (GS) and BlackRock (BLK) both beat on Q2 earnings this morning, and we're just getting started.

Bank of America (BAC) Stock Sinks As Market Gains: What You Should Know

In the latest trading session, Bank of America (BAC) closed at $41.60, marking a -0.5% move from the previous day.

JPMorgan (JPM) Plans to Grow Consumer Deposit Market Share

JPMorgan (JPM) intends to grow its U.S. consumer deposit market share to 15%. This aligns with the bank's initiatives to maintain its industry-leading position in the upcoming years.

JPMorgan's (JPM) Q2 Earnings Top Estimates on Solid IB, Trading

High rates, robust loan balance, a rise in mortgage banking income and solid IB and trading businesses aid JPMorgan's (JPM) Q2 earnings. High credit costs and non-interest expenses are headwinds.