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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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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.

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.