Bank of America/BAC
13:30
15:10
16:45
18:25
20:00
1D1W1MYTD1YMAX
About Bank of America
Bank of America is one of the largest financial institutions in the United States, with more than $3.0 trillion in assets. It is organized into four major segments: consumer banking, global wealth and investment management, global banking, and global markets. Bank of America's consumer-facing lines of business include its network of branches and deposit-gathering operations, retail lending products, credit and debit cards, and small-business services. The company's Merrill Lynch operations provide brokerage and wealth-management services, as does its private bank. Wholesale lines of business include investment banking, corporate and commercial real estate lending, and capital markets operations. Bank of America has operations in several countries but is primarily US-focused.
Ticker
BAC
Sector
Financials
Trading on
NYSE
Industry
Banks
Headquarters
Charlotte, United States
Employees
212,000
Website
www.bankofamerica.com
Bank of America Metrics
BasicAdvanced
$313B
Market cap
13.81
P/E ratio
$2.90
EPS
1.38
Beta
$0.94
Dividend rate
2.35%
Dividend yield
Price and volume
Market cap
$313B
Beta
1.38
Dividend rate
$0.94
Financial strength
Dividend payout ratio (TTM)
36.97%
Management effectiveness
Return on assets (TTM)
0.77%
Return on equity (TTM)
8.72%
Valuation
Price to earnings (TTM)
13.81
Price to revenue (TTM)
3.43
Price to book
1.19
Price to tangible book (TTM)
1.6
Price to free cash flow (TTM)
7.86
Dividend yield (TTM)
2.35%
Growth
Revenue change (TTM)
-1.25%
Earnings per share change (TTM)
-13.15%
3-year revenue growth
4.90%
3-year earnings per share growth
7.53%
3-year dividend per share growth
9.29%
What the Analysts think about Bank of America
Analyst Ratings
Majority rating from 25 analysts.
Bank of America Financial Performance
Income StatementBalance sheetCash Flow
Income Statement
Revenues and expenses
QuarterlyAnnual
Q1 24
QoQ growth
Revenue
$48B
10.15%
Net income
$6.7B
112.28%
Profit margin
13.88%
92.78%
Bank of America Earnings Performance
Earnings per share (EPS)
Company profitability
QuarterlyAnnual
Q2 23
Q3 23
Q4 23
Q1 24
Q2 24
Actual
$0.88
$0.90
$0.35
$0.83
-
Expected
$0.84
$0.82
$0.68
$0.76
$0.81
Surprise
4.64%
10.00%
-48.69%
9.70%
-
Bank of America News
AllArticlesVideos
BofA's Moynihan Talks US Economy, Lending and M&A
Bloomberg Markets and Finance·2 months ago
People Are Getting Used to High Interest Rates, Says Bank of America CEO Moynihan
Bloomberg Markets and Finance·2 months ago
Bank Of America 6% Preferreds: The Fed's Not Cutting (Rating Downgrade)
Seeking Alpha·2 months ago
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real time US market data is a consolidated feed of IEX, NYSE National, NYSE Chicago, Nasdaq BX and Nasdaq PSX order books provided by Polygon. Fundamental data, financials and analyst ratings are sourced from Refinitiv.
Market closedNon-fractional
Upcoming events
No upcoming events
FAQs
What’s the current market cap for Bank of America stock?
Bank of America (BAC) has a market cap of $313B as of July 03, 2024.
What is the P/E ratio for Bank of America stock?
The price to earnings (P/E) ratio for Bank of America (BAC) stock is 13.81 as of July 03, 2024.
Does Bank of America stock pay dividends?
Yes, the Bank of America (BAC) stock pays dividends to shareholders. As of July 03, 2024, the dividend rate is $0.94 and the yield is 2.35%. Bank of America has a payout ratio of 36.97% on a trailing twelve-month basis.
When is the next Bank of America dividend payment date?
The next Bank of America (BAC) dividend payment date is unconfirmed.
What is the beta indicator for Bank of America?
Bank of America (BAC) has a beta rating of 1.38. This means that it is more volatile than the market, on average. A beta of 1 would indicate the stock moves in-line with the market, while a beta of 2 would indicate the stock moves twice as much as the market.
Buy or sell Bank of America stock
Stocks, funds and up to 4.50% interest earned on uninvested cash. When you invest, your capital is at risk.