Bank of America (BAC)
(Delayed Data from NYSE)
$39.77 USD
+0.53 (1.35%)
Updated Aug 23, 2024 04:00 PM ET
After-Market: $39.77 0.00 (0.00%) 7:58 PM ET
3-Hold of 5 3
C Value C Growth B Momentum C VGM
Company Summary
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 $3.26 trillion as of Jun 30, 2024, it provides a diverse range of banking and non-banking financial services and products through 3,786 financial centers and 14,972 automated telling machines (ATMs) across the country.
Bank of America presents results of operations through the following business segments:
Consumer Banking (represents 33% of total assets in 2023), comprising Deposits and Consumer Lending businesses, provides a wide range of credit, banking and investment products ...
Company Summary
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 $3.26 trillion as of Jun 30, 2024, it provides a diverse range of banking and non-banking financial services and products through 3,786 financial centers and 14,972 automated telling machines (ATMs) across the country.
Bank of America presents results of operations through the following business segments:
Consumer Banking (represents 33% of total assets in 2023), comprising Deposits and Consumer Lending businesses, provides a wide range of credit, banking and investment products and services to consumers and businesses.
Global Wealth & Investment Management (10.8%) consisting of Merrill Lynch Global Wealth Management and U.S. Trust, Bank of America Private Wealth Management, offers wealth structuring, investment management, trust and banking needs and specialty asset management services.
Global Banking (19.6%), which includes Global Corporate Banking, Global Commercial Banking, Business Banking and Global Investment Banking, provides lending-related products and services, integrated working capital management and treasury solutions, and underwriting and advisory services.
Global Markets (25.7%) offers sales and trading, market-making, financing, securities clearing, settlement and custody, and risk-management services globally.
All Other (10.9%) consists of ALM activities, equity investments, the international consumer card business, liquidating businesses, residual expense allocations and other.
In 2021, Bank of America acquired Axia Technologies Inc.
General Information
Bank of America Corporation
100 N. TRYON STREET
CHARLOTTE, NC 28255
Phone: 704-386-5681
Fax: 704-386-8009
Web: http://www.bankofamerica.com
Email: lee.mcentire@bofa.com
Industry | Banks - Major Regional |
Sector | Finance |
Fiscal Year End | December |
Last Reported Quarter | 6/30/2024 |
Earnings Date | 10/15/2024 |
EPS Information
Current Quarter EPS Consensus Estimate | 0.81 |
Current Year EPS Consensus Estimate | 3.28 |
Estimated Long-Term EPS Growth Rate | 8.50 |
Earnings Date | 10/15/2024 |
Price and Volume Information
Zacks Rank | ![]() |
Yesterday's Close | 39.24 |
52 Week High | 44.44 |
52 Week Low | 24.96 |
Beta | 1.35 |
20 Day Moving Average | 41,552,088.00 |
Target Price Consensus | 44.17 |
4 Week | -4.58 |
12 Week | 2.95 |
YTD | 18.12 |
4 Week | -8.57 |
12 Week | -4.34 |
YTD | -0.21 |
Shares Outstanding (millions) | 7,759.58 |
Market Capitalization (millions) | 308,598.44 |
Short Ratio | NA |
Last Split Date | 8/30/2004 |
Dividend Yield | 2.41% |
Annual Dividend | $0.96 |
Payout Ratio | 0.29 |
Change in Payout Ratio | 0.02 |
Last Dividend Payout / Amount | 6/7/2024 / $0.24 |
Fundamental Ratios
P/E (F1) | 12.14 |
Trailing 12 Months | 12.20 |
PEG Ratio | 1.42 |
vs. Previous Year | -5.68% |
vs. Previous Quarter | 0.00% |
vs. Previous Year | 11.84% |
vs. Previous Quarter | 0.95% |
Price/Book | 1.15 |
Price/Cash Flow | 10.17 |
Price / Sales | 1.67 |
6/30/24 | 10.56 |
3/31/24 | 10.88 |
12/31/23 | 11.38 |
6/30/24 | 0.87 |
3/31/24 | 0.89 |
12/31/23 | 0.93 |
6/30/24 | 0.80 |
3/31/24 | 0.79 |
12/31/23 | 0.80 |
6/30/24 | 0.80 |
3/31/24 | 0.79 |
12/31/23 | 0.80 |
6/30/24 | 15.07 |
3/31/24 | 15.79 |
12/31/23 | 17.03 |
6/30/24 | 13.28 |
3/31/24 | 13.94 |
12/31/23 | 15.42 |
6/30/24 | 14.10 |
3/31/24 | 14.77 |
12/31/23 | 16.49 |
6/30/24 | 34.45 |
3/31/24 | 33.91 |
12/31/23 | 33.26 |
6/30/24 | 4.77 |
3/31/24 | 4.28 |
12/31/23 | 3.85 |
6/30/24 | 1.09 |
3/31/24 | 1.12 |
12/31/23 | 1.15 |
6/30/24 | 49.71 |
3/31/24 | 50.24 |
12/31/23 | 50.89 |