|Bid||30.38 x 38800|
|Ask||30.41 x 1100|
|Day's range||30.17 - 31.19|
|52-week range||29.67 - 50.11|
|Beta (5Y monthly)||1.38|
|PE ratio (TTM)||9.44|
|Forward dividend & yield||0.88 (2.91%)|
|Ex-dividend date||01 Sept 2022|
|1y target est||N/A|
Warren Buffett's company Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B) has been going all in on Bank of America in recent years. Berkshire snapped up more than $2 billion of the stock in 12 consecutive days of trading in 2020 and now owns more than a billion shares of Bank of America, or close to 13% of outstanding shares. A big reason I like Bank of America is that it really can generate strong revenue in a range of different economic scenarios.
The market is down, but Warren Buffett's company Berkshire Hathaway has been buying stocks this year.
For months, US regulators have been investigating leading Wall Street banks and brokerages, searching for evidence that traders and dealmakers have been using unofficial messaging channels like WhatsApp and Signal to evade rules requiring them to preserve work communications. In addition to a $200mn settlement reached with JPMorgan Chase in December, the Securities and Exchange Commission and Commodity Futures Trading Commission said on Tuesday that Bank of America, Citigroup, Goldman Sachs, Morgan Stanley, Credit Suisse, UBS, Barclays, Deutsche Bank, Nomura, Jefferies and Cantor Fitzgerald — would pay an additional $1.8bn.