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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

Pre-Market: $42.37 -0.53 (-1.24%) 8:02 AM 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

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.

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

Bank of America (BAC) closed the most recent trading day at $39.76, moving +0.28% from the previous trading session.

BofA (BAC) to Take Advantage of the European IPO Market Revival

BofA (BAC) looks to build out its equity capital markets franchise in Europe, as the continent witnesses an IPO revival.

Stock Market News for May 22, 2024

U.S. stocks closed higher on Tuesday, with the S&P 500 and Nasdaq recording new all-time closing highs as investors weighed comments from Federal Reserve officials and looked forward to earnings from NVIDIA on Wednesday afternoon.

Canadian Imperial (CM) Signs Deals to Offload US Office Loans

With an aim to lower exposure to U.S. office loans, Canadian Imperial (CM) signs deals with several buyers to offload loans worth $316 million at a discount.

WaFd (WAFD) Trims CRE Exposure, Agrees to Sell CRE Loans to BofA

WaFd (WAFD) is selling 2,000 commercial multi-family real estate loans to Bank of America for $2.9 billion.

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

Sector ETF report for KBWB

The Zacks Analyst Blog Highlights Oracle, Bank of America, McDonald's, Miller Industries and Via Renewables

Oracle, Bank of America, McDonald's, Miller Industries and Via Renewables are included in this Analyst Blog.

Sheraz Mian headshot

Top Analyst Reports for Oracle, Bank of America & McDonald's

Today's Research Daily features new research reports on 16 major stocks, including Oracle Corporation (ORCL), Bank of America Corporation (BAC) and McDonald's Corporation (MCD), as well as two micro-cap stocks Miller Industries, Inc. (MLR) and Via Renewables, Inc. (VIA).

Bank of America (BAC) Up 10.5% Since Last Earnings Report: Can It Continue?

Bank of America (BAC) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.

Are Finance Stocks Lagging Bank of America (BAC) This Year?

Here is how Bank of America (BAC) and Banco Macro (BMA) have performed compared to their sector so far this year.

Robinhood (HOOD) Gets SEC's Notice for US Crypto Business

Robinhood (HOOD) receives a notice from the SEC regarding its crypto operations. The regulator deems the non-registration of securities as a violation of rules.

Here is What to Know Beyond Why Bank of America Corporation (BAC) is a Trending Stock

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.

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

Sanghamitra Saha headshot

Bank ETFs in Focus on Mixed Q1 Earnings

While most big banks beat on both lines in the first-quarter earnings season, higher rates may weigh on the financial ETFs over the medium term.

Building Permits Come in Lower Than Expected

Building Permits Come in Lower Than Expected.

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Housing Numbers Shrink as Q1 Earnings Heat Up: BAC, JNJ, UNH

Both Housing Starts and Building Permits missed expectations, while BofA, J&J and UnitedHealth all beat on earnings.

Bank of America (BAC) Reports Q1 Earnings: What Key Metrics Have to Say

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

BofA (BAC) Q1 Earnings Beat on Strength in IB and Trading

BofA (BAC) records a decline in revenues and higher expenses in the first quarter of 2024.

Bank of America (BAC) Beats Q1 Earnings and Revenue Estimates

Bank of America (BAC) delivered earnings and revenue surprises of 7.79% and 2.14%, respectively, for the quarter ended March 2024. Do the numbers hold clues to what lies ahead for the stock?

Is a Surprise Coming for Bank of America (BAC) This Earnings Season?

Bank of America (BAC) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

Nalak Das headshot

5 U.S. Bigwigs Likely to Gain on Q1 Earnings Beat This Week

We have narrowed our search to five large-cap stocks that are poised to beat on earnings results this week. These are: BAC, JNJ, UAL, PNC, BK.

Bank of America (BAC) Declines More Than Market: Some Information for Investors

The latest trading day saw Bank of America (BAC) settling at $35.79, representing a -1.54% change from its previous close.

State Street (STT) Gains on Q1 Earnings Beat, Y/Y Revenue Rise

State Street (STT) records increased revenues and expenses in the first quarter of 2024.

Citigroup (C) Q1 Earnings and Revenues Beat Estimates

Citigroup (C) delivered earnings and revenue surprises of 39.82% and 3.98%, respectively, for the quarter ended March 2024. Do the numbers hold clues to what lies ahead for the stock?

JPMorgan's (JPM) Q1 Earnings Top on High Rates, Loans & IB

High rates, robust loan balance, the FRC deal, an increase in mortgage banking income and solid IB business aid JPMorgan's (JPM) Q1 earnings. High credit costs and weakness in the trading business are headwinds.