BAC - Bank of America Corporation
29.42 -0.17 (-0.57%)
Pre-market: 5:34AM EDT
| Previous close | 29.82 |
| Open | 29.97 |
| Bid | 29.36 x 39400 |
| Ask | 29.45 x 1000 |
| Day's range | 29.57 - 30.13 |
| 52-week range | 22.66 - 31.20 |
| Volume | 167,795,072 |
| Avg. volume | 55,768,817 |
| Market cap | 275.433B |
| Beta (3Y monthly) | 1.64 |
| PE ratio (TTM) | 10.53 |
| EPS (TTM) | 2.81 |
| Earnings date | 16 Oct 2019 |
| Forward dividend & yield | 0.72 (2.41%) |
| Ex-dividend date | 2019-09-05 |
| 1y target est | 33.19 |
- Zacks
State Street (STT) Hikes Dividend by 11% to Cheer Investors
State Street's (STT) dividend hike announcement is part of its 2019 capital plan. The approval of the plan by the Federal Reserve reflects the company's strong balance sheet position.
- Zacks
BofA (BAC) Under CFPB Investigation for Unauthorized Accounts
The CFPB is investigating Bank of America (BAC) to find if it opened unauthorized customer accounts back in 2014.
- Zacks
Bank Stock Roundup: Fed Cuts Rate, JPMorgan, U.S. Bancorp & Wells Fargo in Focus
Federal Reserve's second rate cut this year likely to impact banks' net interest margin.
- Financial Times
New York Fed examines banks’ role in money market turmoil
John Williams, president of the New York Fed, on Friday questioned the hesitance of the banks in an interview with the FT. “The thing we need to be focused on today is not so much the level of reserves [held at the Fed],” he said.
- Zacks
Fed Cuts Rate, Bank Stocks Rally on Divided Future Course
The Fed seeks to remain focused on analyzing incoming economic data to determine future moves. Heathy domestic economy and several streamlining efforts are likely continue supporting bank stocks.
- Business Wire
Employers Offering Financial Wellness Programs Double in Recent Years
Bank of America today announced findings from its annual 2019 Workplace Benefits Report, which reveals that more than twice as many companies are offering workplace financial wellness programs to employees today compared to four years ago (53 percent today versus 24 percent in 2015). Now in its ninth edition, this report tracks the importance of benefit programs and uncovers an expanded set of opportunities for employers to improve their employees’ financial wellness. Majority of employees feel financially well: 55 percent of employees today rate their own financial wellness as good or excellent, down from 61 percent a year ago.
- Zacks
Is JPMorgan Stock Worth Holding on to Post Dividend Hike?
As part of its 2019 capital plan, JPMorgan (JPM) announces a 12.5% dividend hike. One should take a look at its fundamentals and prospects before taking any investment decision.
- Zacks
Bank of America (BAC) Stock Sinks As Market Gains: What You Should Know
In the latest trading session, Bank of America (BAC) closed at $29.94, marking a -0.63% move from the previous day.
- Business Wire
Mastercard and Bank of America Launch Third Annual Grow Your Biz Contest
Seventy percent of mentored small businesses survive past the five-year mark—nearly twice the rate of non-mentored businesses [1]. As part of a shared commitment to empower small businesses, Mastercard and Bank of America are announcing the third annual Grow Your Biz Contest, which calls on small business owners to pitch their business growth plans for the opportunity to win $25k and business consultation with industry experts [2]. “We’re excited to partner with Mastercard for the third year of this contest and look forward to working with creative and passionate business owners from all over the country,” said Sharon Miller, head of Small Business, Bank of America.
- Zacks
Stock Market News For Sep 16, 2019
Benchmarks closed mixed on Friday as sentiments around trade war improved and August retail sales grew faster than expected.
- Investing.com
Stocks - Wall Street Tumbles as Attack on Saudi Hits Oil Supply
Investing.com – Wall Street fell after a weekend attack on Saudi Arabian oil installations crippled 5% of the world’s oil supply, raising fears for the global economy and increasing the risk of war between the U.S. and Iran.
- Zacks
Bank Stock Roundup: Rising Treasury Yields, Dismal View, BAC, C, USB in Focus
Rising long-term treasury yields are likely to support banks' financials to some extent. But lower interest rates and other concerns are expected to be headwinds.
- Zacks
Deutsche Becomes 1st to Reach Settlement in Bond-Rig Probe
Deutsche Bank (DB) agrees to pay settlement charges despite not admitting the allegations. Also, it agrees to share information with the regulators that can help prove other banks guilty.
- Financial Times
Europe’s fragmented equity markets need a tape of record
The question goes to the heart of securities markets, which routinely churn billions of dollars of orders per day. Without it, they cannot meet regulatory requirements such as getting the best price on trades, reporting transactions or valuing assets.
- Zacks
PNC Financial (PNC) to Open Branches in Untapped Markets
PNC Financial (PNC) plans to open 25 branches in untapped markets by the end of 2020, in turn, boosting the bank's digital service domain.
- Zacks
Morgan Stanley Expects Muted Performance to Continue in 2H19
Challenging operating backdrop and muted loan growth are likely to continue to adversely impact Morgan Stanley's (MS) prospects in the second half of 2019.
- Zacks
Zacks Market Edge Highlights: UnitedHealth, Centene, MasTec, Bank of America and Bristol-Myers Squibb
Zacks Market Edge Highlights: UnitedHealth, Centene, MasTec, Bank of America and Bristol-Myers Squibb
- Business Wire
Bank of America Declares Preferred Dividends
Bank of America Corporation today announced the Board of Directors has authorized regular cash dividends on the outstanding shares or depositary shares of the following series of p
- Financial Times
Venezuelan refugees put strain on Brazilian border town
One month ago, Eliezer Cariño walked across the Venezuelan border into Brazil’s impoverished Roraima state, making the gruelling 220km journey to the capital Boa Vista on foot. “In Brazil, you can find food. The second is the absence of options upon arrival in Brazil.
- Zacks
Bank of America (BAC) Gains But Lags Market: What You Should Know
In the latest trading session, Bank of America (BAC) closed at $29.46, marking a +0.37% move from the previous day.
- Zacks
Could the Trade War be Bullish for Stocks?
Tariffs, tweets, negotiations, the Fed cutting rates, full employment, a manufacturing slowdown: how investors can cut through the noise.
- Zacks
Fintech Stocks To Add To Your Portfolio Of The Future
It is time to put some money into the future of our economy.
- Zacks
FDIC-Insured Banks' Q2 Earnings Impressive, Costs Escalate
FDIC-insured commercial banks and savings institutions' stellar Q2 earnings benefit from higher net operating revenues and loan growth, partly muted by higher provisions and expenses.
- Zacks
Bank Stocks Jump Despite Disappointing Near-Term Outlook
Amid a challenging operating backdrop, banks provide a dismal near-term guidance. This is expected to hurt their revenues going forward.
- Zacks
Bank ETFs Benefit From Steepening Yield Curve, But How Long?
Though the latest steepening of the yield curve benefited bank ETFs on Sep 9, chances of volatility in the longer-term period may keep gains in bank ETFs at check.
