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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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Top Stock Reports for Broadcom, Bank of America & Netflix

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).

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Lessons from Buffett's 2024 Stock Sales

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

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

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

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

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)?

Sector ETF report for IYF

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

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?

Smart Beta ETF report for PWV

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

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)

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

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.

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

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.

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

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?

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

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

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

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

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

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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.

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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.

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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.

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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.