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Bank of America Corporation (BAC-PK)
| Previous close | 24.57 |
| Open | 24.62 |
| Bid | 24.63 x 800 |
| Ask | 24.77 x 800 |
| Day's range | 24.63 - 24.78 |
| 52-week range | 21.51 - 25.31 |
| Volume | |
| Avg. volume | 63,937 |
| Market cap | 248.008B |
| Beta (5Y monthly) | 1.39 |
| PE ratio (TTM) | 7.03 |
| EPS (TTM) | 3.51 |
| Earnings date | N/A |
| Forward dividend & yield | 1.47 (5.98%) |
| Ex-dividend date | 28 Mar 2024 |
| 1y target est | N/A |
ReutersGoldman and BofA face renewed calls to split CEO, chairman's roles
Goldman Sachs and Bank of America will face challenges on Wednesday as proxy advisers recommend investors vote for the banks to separate their CEO and chairman's roles, in an effort to improve the companies' governance. With support from influential proxy advisers Institutional Shareholder Services (ISS) and Glass Lewis, some investors are leaning towards supporting shareholder resolutions to split the roles, but getting wider support will be tough. "I would love for a company on the echelon of Goldman Sachs to separate those two roles so there's more oversight," said David Wagner, a portfolio manager at Aptus Capital Advisors, which owns Goldman shares.
Simply Wall St.With 59% ownership, Bank of America Corporation (NYSE:BAC) boasts of strong institutional backing
Key Insights Given the large stake in the stock by institutions, Bank of America's stock price might be vulnerable to...
- Yahoo Finance Video
Bank of America stock rises on Wolfe Research upgrade
Shares of Bank of America (BAC) have received an upgrade from analysts at Wolfe Research. The firm has lifted the stock's rating to Outperform from Peer Perform, citing increased clarity surrounding the bank's net interest income prospects and an attractive valuation compared to competitors. Yahoo Finance's Julie Hyman and Madison Mills break down the details. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Angel Smith
