Bank Of America Corp.
Bank Of America Corp. logo
BAC

Bank Of America Corp. (BAC)

$31.561.38%

  • $

1D

1W

1M

1Y

3Y

5Y

Key Stats

$30.64
Day's Range
$31.67
$30.63
52-Week Range
$49.58
1 month return12.7%
3 month return21.38%
1 year return21.18%
5 year return30.85%

Company Information

Bank of America is a multinational financial services and investment bank headquartered in Charlotte, North Carolina. Bank of America is only after JP Morgan Chase in being the 2nd largest banking institution in the USA and 8th largest globally. Now Bank of America is the result of the merger of NationsBank and then BankAmerica in 1998. Bank of America lent D.E. Shaw & Co. hedge funds to run various businesses for the bank. However, after D.E. Shaw suffered significant losses in 1998 due to Russian Bond Default, October 1998 witnessed the most significant bank acquisition when NationsBank acquired BankAmerica. The commercial banking operations of the bank are spread across all 50 states of the USA and across 40 countries. Its commercial banking service portfolio encapsulates more than 46 million consumers and small business relationships. The Bank of America found its place on spot #25 of the Fortune 500 of the largest US corporations in terms of total revenue. Apart from this, Euromoney Institutional Investor named Bank of America as the ‘World’s Best Bank’ in their 2018 Awards for Excellence. The critical areas of operation of Bank of America are: Consumer Banking: These are primarily the banking services to retail customers, including small businesses and consumers. Global Banking: This includes Global Corporate Banking, Business Banking, Global Commercial Banking, and Global Investment Banking. Merrill Lynch operates the investment banking division Bank of America acquired after the deal closed in January 2009. Global Wealth and Investment Management: Bank of America is among the ten largest wealth managers in the USA. It includes businesses of US Trust and Merrill Lynch Global Wealth Management. Global Markets: This division offers services to clients trading in financial securities and Institutional Clients. Currently Bank Of America Corp. has a market cap of $254.28 Billion. It has a P.E ratio of 8.97. The shares of Bank Of America Corp. are trading at $31.56. .
OrganizationBank Of America Corp.
Employees208000
CEOBrian Moynihan
IndustryFinance

Analyst Recommendation

based on 32 analysts ratings

Buy
62%
Buy
31%
Hold
6%
Sell

Based on 32 Wall street analysts offering stock ratings for Bank Of America Corp.(by analysts ranked 0 to 5 stars)

Analyst Forecast

What analysts predicted

Upside of 64.48%

Current

$31.56

Target

$51.91

Recommendation Trend

Based on 32 analyst

Current1M Ago3M Ago
Buy
20
21
19
Hold
10
9
10
Sell
2
2
2
Consensus
BUY
BUY
BUY

Company Financials

  • Annual
  • Quarterly

Highlights

Market Capitalization
292.3B
Book Value
30.37
Dividend Share
0.78
Dividend Yield
0.78
Earnings Share
3.57
PE Ratio
10.1541
PEG Ratio
3.25
Wall Street Target Price
49.16

Valuation

Trailing PE10.15
Forward PE11.38
Price/Sales (ttm)
3.12
Price/Book (mrq)
1.26
Enterprise Value
73.2B
Enterprise Value/Revenue
0.0
Enterprise Value/Ebitda
0.0

Technicals

Beta
1.39
50 Day MA
41.57
200 Day MA
43.35

Sustainability

Rating Date2019-01-01
Total Esg
34.53
Total Esg Percentile
54.88
Environment Score7.74
Environment Score Percentile8.0
Social Score23.11
Social Score Percentile8.0
Governance Score14.68
GovernanceScorePercentile8.0
Controversy Level3.0

Institutional Holdings

Berkshire Hathaway Inc

12.54%

Vanguard Group Inc

7.34%

BlackRock Inc

6.12%

State Street Corporation

4.04%

FMR Inc

2.69%

JPMorgan Chase & Co

1.57%

Discover more

Frequently Asked Questions

What is Bank Of America Corp. share price today?

Can Indians buy Bank Of America Corp. shares?

How can I buy Bank Of America Corp. shares from India?

Can Fractional shares of Bank Of America Corp. be purchased?

What are the documents required to start investing in Bank Of America Corp. stocks?

What are today’s High and Low prices of Bank Of America Corp.?

What are today’s traded volumes of Bank Of America Corp.?

What is today’s market capitalisation of Bank Of America Corp.?

What is the 52 Week High and Low Range of Bank Of America Corp.?

How much percentage Bank Of America Corp. is down from its 52 Week High?

How much percentage Bank Of America Corp. is up from its 52 Week low?

What are the historical returns of Bank Of America Corp.?

Who is the Chief Executive Officer (CEO) of Bank Of America Corp.?