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Bank of America (BAC)

(Delayed Data from NYSE)

$42.90 USD

42.90
43,877,310

-0.11 (-0.26%)

Updated Jul 19, 2024 04:00 PM ET

After-Market: $42.70 -0.20 (-0.47%) 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 Buy24.15%
2Buy17.88%
3Hold9.47%
4Sell5.14%
5Strong Sell2.57%
S&P50011.11%

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2-Buy of 5   2      

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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D Value F Growth A 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%.

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

Top 12% (31 out of 250)

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.

Are Finance Stocks Lagging Assured Guaranty (AGO) This Year?

by Zacks Equity Research

Here is how Assured Guaranty (AGO) and Bank of America (BAC) have performed compared to their sector so far this year.

Citigroup (C) Q2 IB Fees to Surge 50% on Upbeat Capital Markets

by Zacks Equity Research

Citigroup (C) projects a 50% surge in investment banking fees. This is likely to be driven by improved projections for merger advisory and debt and equity underwriting.

Sunoco and Adient's have been highlighted as Zacks Bull and Bear of the Day

by Zacks Equity Research

Sunoco and Adient's are part of the Zacks Bull and Bear of the Day article.

Swayta Shah headshot

Is This the Right Time to Buy Bank of America (BAC) Stock?

by Swayta Shah

Strong fundamentals, growth prospects and efforts to expand in new markets will keep on supporting Bank of America's (BAC) financials despite near-term headwinds.

State Street (STT) Rides on Expansion Efforts Despite Cost Woes

by Zacks Equity Research

Solid business servicing wins, expansion/consolidation efforts, high rates and global reach will likely keep aiding State Street's (STT) growth. Yet, rising costs and fee income concentration are woes.

JPMorgan (JPM) Ups View, Expects Q2 IB Revenues to Rise 25-30%

by Zacks Equity Research

Driven by strong capital markets performance, JPMorgan (JPM) expects its investment banking revenues to rise 25-30% in the second quarter of 2024.

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

by Zacks Equity Research

Bank of America (BAC) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.

Citigroup (C) Divests Consumer Wealth Business to HSBC in China

by Zacks Equity Research

Citigroup (C) announces that it has closed the sale and migration of its onshore consumer wealth portfolio in China to HSBC. The divestment aligns with a strategy to exit consumer banking operations.

Ritujay Ghosh headshot

4 Stocks to Boost Your Portfolio as S&P 500 Hits New Milestone

by Ritujay Ghosh

Stocks like NVIDIA Corporation (NVDA), Alphabet Inc. (GOOGL), Atmos Energy Corporation (ATO) and Bank of America Corporation (BAC) are poised to benefit from the S&P 500 rally.

The Zacks Analyst Blog Highlights Bank of America, Brown & Brown, First BanCorp. Hamilton Insurance and The Goldman Sachs

by Zacks Equity Research

Bank of America, Brown & Brown, First BanCorp. Hamilton Insurance and The Goldman Sachs are included in this Analyst Blog.

U.S. Bancorp (USB) Rides on Solid Deposit Base, High Costs Ail

by Zacks Equity Research

U.S. Bancorp (USB) is gaining from an increase in total deposits balance. However, its escalated expense base continues to be a concern.

Tirthankar Chakraborty headshot

Strong Jobs Report Diminishes Fed Rate-Cut Hopes: 5 Winners

by Tirthankar Chakraborty

With the chances of a Fed rate cut diminishing, stocks such as Bank of America (BAC), Brown & Brown (BRO), First BanCorp. (FBP), Hamilton Insurance (HG) and The Goldman Sachs (GS) stand to gain.

M&T Bank (MTB) Thrives on Organic Growth Amid Rising Costs

by Zacks Equity Research

M&T Bank (MTB) is gaining from an increase in loans and deposits balance, while its escalated expense base continues to be a concern.

The Zacks Analyst Blog Highlights Bank of America, Advanced Micro Devices, Caterpillar and Weyco Group

by Zacks Equity Research

Bank of America, Advanced Micro Devices, Caterpillar and Weyco Group are part of the Zacks top Analyst Blog.

Shaun Pruitt headshot

Time to Buy Stock in These 2 Big Banks

by Shaun Pruitt

Making their way onto the Zacks Rank #1 (Strong Buy) list now appears to be a good time to consider a pair of big bank stocks in Bank of America (BAC) and Wells Fargo (WFC).

Sheraz Mian headshot

Top Research Reports for Bank of America, AMD & Caterpillar

by Sheraz Mian

Today's Research Daily features new research reports on 16 major stocks, including Bank of America Corporation (BAC), Advanced Micro Devices, Inc. (AMD) and Caterpillar Inc. (CAT), as well as a micro-cap stock Weyco Group, Inc. (WEYS).

What Makes Bank of America (BAC) a New Strong Buy Stock

by Zacks Equity Research

Bank of America (BAC) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

Best Momentum Stocks to Buy for June 5th

by Zacks Equity Research

BAC, GPS and MASI made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on June 5, 2024.

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

by Zacks Equity Research

Sector ETF report for IYF

Are Finance Stocks Lagging Assured Guaranty (AGO) This Year?

by Zacks Equity Research

Here is how Assured Guaranty (AGO) and Bank of America (BAC) have performed compared to their sector so far this year.

Bank of America (BAC) Stock Dips While Market Gains: Key Facts

by Zacks Equity Research

Bank of America (BAC) closed the most recent trading day at $39.88, moving -0.28% from the previous trading session.

Swayta Shah headshot

FDIC-Insured Banks' Q1 Earnings Down on Lower NII, Loan Balance

by Swayta Shah

The FDIC-Insured banks' (like JPM, BAC, C & WFC) Q1 earnings are hurt by rising funding costs, a lower NII and an increase in expenses. Yet, higher rates, a changing revenue mix and a rise in deposit balance offer some support.

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

by Zacks Equity Research

Bank of America (BAC) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.

Bank of America (BAC) Stock Declines While Market Improves: Some Information for Investors

by Zacks Equity Research

Bank of America (BAC) closed at $39.32 in the latest trading session, marking a -0.96% move from the prior day.

Andrew Rocco headshot

Smart Money Clues: Buy these 5 Stocks

by Andrew Rocco

This quarter's 13Fs and insider buys offer vital clues about what the smart money is betting on. Argentina, small caps, Bitcoin, and China are essential market areas to track.