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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.

Zacks Style Scores Education - Learn more about the Zacks Style Scores

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%.

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

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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.

Earnings Preview: KeyCorp (KEY) Q1 Earnings Expected to Decline

KeyCorp (KEY) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Unlocking Q1 Potential of Bank of America (BAC): Exploring Wall Street Estimates for Key Metrics

Evaluate the expected performance of Bank of America (BAC) for the quarter ended March 2024, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.

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

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.

Will Bank of America (BAC) Beat Estimates Again in Its Next Earnings Report?

Bank of America (BAC) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

Want Better Returns? Don?t Ignore These 2 Finance Stocks Set to Beat Earnings

Investors looking for ways to find stocks that are set to beat quarterly earnings estimates should check out the Zacks Earnings ESP.

High Rates, Loans, IB to Support BofA's (BAC) Q1 Earnings

Higher rates, decent loan demand and modest improvement in IB business are likely to have aided BofA's (BAC) Q1 earnings amid high funding costs, weakness in trading business and high provisions.

Analysts Estimate Bank of America (BAC) to Report a Decline in Earnings: What to Look Out for

Bank of America (BAC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Zacks Value Trader Highlights: International Business Machines, Bank of America, Amazon.com, Chevron and Apple

International Business Machines, Bank of America, Amazon.com, Chevron and Apple are part of the Zacks Value Trader Blog.

Bank of America (BAC) Ascends While Market Falls: Some Facts to Note

In the closing of the recent trading day, Bank of America (BAC) stood at $37.50, denoting a +1.05% change from the preceding trading day.

Banks Compete for FX Hedging Business of Australia Pensions

Bank of America (BAC), Goldman Sachs (GS) and Citigroup Inc. (C) are competing to win Australian pension funds' overseas investment hedging business.

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3 Biggest Value Investing Mistakes

Even Warren Buffett has made these mistakes. Here's how to get back on track.

Sanghamitra Saha headshot

Should You Buy Bank ETFs Before Earnings Releases?

It's time for full-fledged releases of quarterly earnings. Big banks will start reporting from next week.

BofA (BAC) Might Face Suit for Failing to Refund Overdraft Fees

Bank of America (BAC) likely to face a lawsuit for not refunding overdraft fees to customers who faced financial hardship during the pandemic, as promised.

The Zacks Analyst Blog Highlights Berkshire Hathaway, NVIDIA, Bank of America, Occidental Petroleum and Chevron

Berkshire Hathaway, NVIDIA, Bank of America, Occidental Petroleum and Chevron are included in this Analyst Blog.

Tirthankar Chakraborty headshot

2 Beloved Warren Buffett Stocks to Watch on Rise in Oil Prices

Investors should keep a tab on Warren Buffett's favorite, Occidental Petroleum (OXY) and Chevron (CVX) amid an uptick in oil prices for substantial gains.

Is Invesco Large Cap Value ETF (PWV) a Strong ETF Right Now?

Smart Beta ETF report for PWV

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

Sector ETF report for IYF

Why Bank of America (BAC) Dipped More Than Broader Market Today

The latest trading day saw Bank of America (BAC) settling at $37.52, representing a -1.05% change from its previous close.

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

Bank of America (BAC) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.

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Small-cap Opportunity in 24' (Watch these 5 Catalysts)

There are several compelling reasons for investors to reconsider when it comes to small-caps. Strategist Andrew Rocco unveils 5 catalysts including Federal Reserve policy and poor sentiment.