Bank of America Corp. Company Profile (NYSE:BAC)

Analyst Ratings

Consensus Ratings for Bank of America Corp. (NYSE:BAC) (?)
Ratings Breakdown: 1 Sell Rating(s), 7 Hold Rating(s), 20 Buy Rating(s)
Consensus Rating:Buy (Score: 2.68)
Consensus Price Target: $17.41 (19.81% upside)

Analysts' Ratings History for Bank of America Corp. (NYSE:BAC)
Show:
DateFirmActionRatingPrice TargetActions
7/24/2016FBR & CoReiterated RatingOutperform$20.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
7/20/2016Keefe, Bruyette & WoodsReiterated RatingHold$15.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
7/19/2016Citigroup Inc.Boost Price TargetBuy$16.00 -> $17.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
7/19/2016Jefferies GroupReiterated RatingBuy$16.00 -> $16.50View Rating Details  Tweet This Rating  Share This Rating on StockTwits
7/19/2016Credit Suisse Group AGReiterated RatingBuy$18.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
7/13/2016Berenberg BankInitiated CoverageBuy$15.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
7/9/2016Royal Bank Of CanadaReiterated RatingBuyView Rating Details  Tweet This Rating  Share This Rating on StockTwits
7/9/2016Wells Fargo & Co.Reiterated RatingBuyView Rating Details  Tweet This Rating  Share This Rating on StockTwits
7/10/2016Barclays PLCReiterated RatingEqual Weight$19.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
7/7/2016Raymond James Financial Inc.DowngradeOutperform -> Market PerformView Rating Details  Tweet This Rating  Share This Rating on StockTwits
7/6/2016Oppenheimer Holdings Inc.Reiterated RatingOutperform$20.00 -> $18.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
6/20/2016Sanford C. BernsteinReiterated RatingBuyView Rating Details  Tweet This Rating  Share This Rating on StockTwits
6/21/2016Buckingham ResearchReiterated RatingBuyView Rating Details  Tweet This Rating  Share This Rating on StockTwits
6/15/2016Deutsche Bank AGReiterated RatingBuyView Rating Details  Tweet This Rating  Share This Rating on StockTwits
6/6/2016Robert W. BairdReiterated RatingOutperform$17.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
4/19/2016Goldman Sachs Group Inc.Reiterated RatingBuy$17.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
4/18/2016Societe GeneraleReiterated RatingBuyView Rating Details  Tweet This Rating  Share This Rating on StockTwits
4/17/2016BMO Capital MarketsReiterated RatingHoldView Rating Details  Tweet This Rating  Share This Rating on StockTwits
4/17/2016Morgan StanleyReiterated RatingBuyView Rating Details  Tweet This Rating  Share This Rating on StockTwits
4/9/2016JPMorgan Chase & Co.Reiterated RatingBuyView Rating Details  Tweet This Rating  Share This Rating on StockTwits
3/16/2016Credit Agricole SAReiterated RatingSellView Rating Details  Tweet This Rating  Share This Rating on StockTwits
3/1/2016Atlantic SecuritiesDowngradeOverweight -> NeutralView Rating Details  Tweet This Rating  Share This Rating on StockTwits
1/20/2016Portales PartnersUpgradeHoldView Rating Details  Tweet This Rating  Share This Rating on StockTwits
1/21/2016Independent Research GmbHLower Price Target$18.00 -> $15.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
1/21/2016Nomura Holdings Inc.Reiterated RatingBuy$19.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
1/20/2016Sandler O'NeillUpgradeHold -> BuyView Rating Details  Tweet This Rating  Share This Rating on StockTwits
12/6/2015Rafferty Capital MarketsReiterated RatingBuyView Rating Details  Tweet This Rating  Share This Rating on StockTwits
10/15/2015S&P Equity ResearchLower Price TargetBuy$20.00 -> $18.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
8/31/2015MacquarieUpgradeHoldView Rating Details  Tweet This Rating  Share This Rating on StockTwits
7/17/2015ArgusUpgradeHold -> Buy$17.95 -> $20.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
5/27/2015Evercore ISIReiterated RatingBuy$18.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
12/15/2014GuggenheimInitiated CoverageBuy$20.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
(Data available from 7/27/2014 forward)

Earnings

Earnings History for Bank of America Corp. (NYSE:BAC)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallActions
10/12/2016        
7/18/2016Q216$0.33$0.36$20.41 billion$20.60 millionViewListenView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
4/14/2016Q116$0.21$0.21$20.30 billion$20.90 billionViewListenView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
1/19/2016Q415$0.26$0.28$19.86 billion$3.34 billionViewListenView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
10/14/2015Q315$0.33$0.37$20.77 billion$20.91 billionViewListenView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
7/15/2015Q215$0.36$0.45$21.32 billion$22.30 billionViewListenView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
4/15/2015Q115$0.29$0.27$21.40 millionViewListenView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
1/15/2015Q414$0.32$0.25$21.33 billion$19.58 billionViewListenView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
10/15/2014Q314($0.09)($0.01)$21.33 billion$21.40 billionViewListenView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
7/16/2014Q214$0.30$0.41$21.69 billion$21.96 billionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
4/16/2014Q114$0.05$0.35$22.38 billion$22.80 billionViewListenView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
1/15/2014Q413$0.27$0.29$21.28 billion$21.70 billionViewListenView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
10/16/2013Q313$0.19$0.20$22.11 billion$22.19 billionViewListenView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
7/17/2013Q2 2013$0.25$0.32$22.61 billion$22.95 billionViewListenView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
4/17/2013Q1 2013$0.23$0.20$23.50 billion$23.70 billionViewListenView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
1/17/2013Q4 2012$0.20$0.03$22.40 billion$22.60 billionViewListenView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
7/18/2012$0.14$0.19ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
4/19/2012$0.11$0.03ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
1/19/2012$0.18$0.15ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
10/18/2011$0.22$0.56ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
7/19/2011$0.30$0.33ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
1/21/2011$0.14$0.04ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Bank of America Corp. (NYSE:BAC)
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20164$0.21$0.30$0.25
Q2 20163$0.33$0.40$0.36
Q3 20164$0.32$0.34$0.34
Q4 20164$0.32$0.35$0.34
Q1 20171$0.28$0.28$0.28
Q2 20171$0.43$0.43$0.43
Q3 20171$0.42$0.42$0.42
Q4 20171$0.39$0.39$0.39
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Bank of America Corp. (NYSE:BAC)
Annual Dividend:$0.20
Dividend Yield:1.38%
Payout Ratio:16.39% (Based on Trailing 12 Months of Earnings)
15.75% (Based on Current Year Consensus EPS Estimate)
12.82% (Based on Next Year Consensus EPS Estimate)
Dividend Growth:71.00% (3 Year Average)

Dividend History for Bank of America Corp. (NYSE:BAC)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable DateShare
5/2/2016quarterly$0.051.35%6/1/20166/3/20166/24/2016Tweet This Announcement  Share This Announcement on StockTwits
1/21/2016quarterly$0.051.47%3/2/20163/4/20163/25/2016Tweet This Announcement  Share This Announcement on StockTwits
10/22/2015quarterly$0.051.21%12/2/201512/4/201512/24/2015Tweet This Announcement  Share This Announcement on StockTwits
7/23/2015quarterly$0.051.12%9/2/20159/4/20159/25/2015Tweet This Announcement  Share This Announcement on StockTwits
4/16/2015quarterly$0.051.29%6/3/20156/5/20156/26/2015Tweet This Announcement  Share This Announcement on StockTwits
2/10/2015quarterly$0.051.22%3/4/20153/6/20153/27/2015Tweet This Announcement  Share This Announcement on StockTwits
10/23/2014quarterly$0.051.2%12/3/201412/5/201412/26/2014Tweet This Announcement  Share This Announcement on StockTwits
8/6/2014quarterly$0.051.32%9/3/20149/5/20149/26/2014Tweet This Announcement  Share This Announcement on StockTwits
6/19/2014quarterly$0.010.26%6/20/20146/30/20147/25/2014Tweet This Announcement  Share This Announcement on StockTwits
6/18/2014quarterly$0.016/20/20146/24/20146/30/2014Tweet This Announcement  Share This Announcement on StockTwits
2/11/2014quarterly$0.010.24%3/5/20143/7/20143/28/2014Tweet This Announcement  Share This Announcement on StockTwits
10/24/2013quarterly$0.010.28%12/4/201312/6/201312/27/2013Tweet This Announcement  Share This Announcement on StockTwits
7/24/2013quarterly$0.010.27%9/4/20139/6/20139/27/2013Tweet This Announcement  Share This Announcement on StockTwits
4/30/2013quarterly$0.010.33%6/5/20136/7/20136/28/2013Tweet This Announcement  Share This Announcement on StockTwits
1/23/2013quarterly$0.010.35%2/27/20133/1/20133/22/2013Tweet This Announcement  Share This Announcement on StockTwits
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Bank of America Corp. (NYSE:BAC)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionActions
2/22/2016Thong M NguyenInsiderBuy30,000$12.43$372,900.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
2/16/2016Frank P BrambleDirectorBuy75,000$12.32$924,000.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
7/21/2015Thong M NguyenInsiderSell7,520$18.06$135,811.20View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
5/11/2015Murray Ross OrrDirectorBuy50,000$0.04$2,000.00Tweet This Trade  Share This Trade on StockTwits
5/5/2015Murray Ross OrrDirectorBuy10,000$0.05$480.00Tweet This Trade  Share This Trade on StockTwits
4/28/2015Of America Corp /De/ BankMajor ShareholderSell2,000$25.52$51,040.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
4/27/2015Of America Corp /De/ BankMajor ShareholderBuy2,000$25.51$51,020.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
4/15/2015Murray Ross OrrDirectorBuy11,000$0.04$418.00Tweet This Trade  Share This Trade on StockTwits
4/10/2015Murray Ross OrrDirectorBuy1,000$0.02$20.00Tweet This Trade  Share This Trade on StockTwits
3/17/2015Murray Ross OrrDirectorBuy60,000$0.02$1,200.00Tweet This Trade  Share This Trade on StockTwits
9/30/2014Of America Corp /De/ BankMajor ShareholderSell1$21.38$21.38View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
9/24/2014Of America Corp /De/ BankMajor ShareholderBuy1$21.61$21.61View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
10/18/2013Thomas J MayDirectorSell1,632$14.63$23,876.16View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
8/5/2013Cotty NeilCAOSell30,000$14.70$441,000.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
6/14/2013Charles K GiffordDirectorSell580,734$13.07$7,590,193.38View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
5/10/2013Linda P HudsonDirectorSell6,934$12.94$89,725.96View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
4/18/2013R David YostDirectorBuy20,000$11.51$230,200.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
1/24/2013R David YostDirectorBuy20,000$11.53$230,600.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
11/7/2012R David YostDirectorBuy10,000$9.48$94,800.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for Bank of America Corp. (NYSE:BAC)
DateHeadline
07/27/16 09:52 AMWhy Merrill Lynch Sees Enterprise Products and Top MLPs Rising Higher After Earnings -
07/27/16 04:41 AM[$$] Deutsche Bank in settlement talks with DoJ over mortgage probe - [at Financial Times] - Deutsche Bank said it had begun settlement talks with the US Department of Justice over its probe into the German lender's origination and securitisation of mortgage-backed securities, as it reported a ...
07/26/16 10:36 PMAn Important Question for Bank of America Investors - While Bank of America has focused on reducing expenses for much of the past decade, the question now is whether the bank can grow revenue.
07/26/16 12:39 PMClinton and Trump won’t accomplish anything by trashing the banks -
07/26/16 10:59 AMOne Put, One Call Option To Know About for Bank of America ... - Nasdaq
07/26/16 10:59 AMBank of America Corp (NYSE:BAC) Trading Outlook | Live Trading ... - Live Trading News
07/26/16 10:59 AMBank of America Corp (BAC), Wells Fargo & Co (WFC), & Peers Battle In Payment Industry - TCC
07/26/16 10:59 AMConcorde Asset Management buys $928430 stake in Bank of America Corp (BAC) - Trade Calls
07/26/16 10:33 AMDowntown office building downtown sold to investor for $126M -
07/25/16 09:23 PMChart: The 8 Ways Bank of America Makes Money - Bank of America makes an oversized share of its income from one activity.
07/25/16 03:15 PMOne Put, One Call Option To Know About for Bank of America
07/25/16 03:15 PMBank Of America: An Intriguing Investment Opportunity
07/25/16 11:58 AMMorning Meeting: BOJ and Fed in Focus -
07/25/16 07:31 AMBank of America Corp (BAC) Stock Gains Momentum - Bidness ETC
07/24/16 08:23 AMThis Bank's App Has 25 Million Active Users -
07/22/16 07:42 PMBig Bank Breakup On The Way
07/22/16 02:41 PMKessler Investment Group buys $1920701 stake in Bank of America Corp (BAC) - Trade Calls
07/22/16 02:28 PMThe Tell: Yield-starved investors gobbled up record amount of emerging-market bonds - Investors bought an all-time high amount of EM debt in the week ending July 20, in a blistering EM bond rally, a report by Bank of America Merrill Lynch showed late Thursday.
07/22/16 02:08 PMWhy Bank of America's Shares Headed Higher This Week - Bank of America's stock rose more than 4% last week thanks to the bank's reassuring performance in the second quarter.
07/22/16 01:56 PMETF’s with exposure to Bank of America Corp. : July 22, 2016 -
07/22/16 10:53 AMBank of America Corp: How to Position Ahead of FOMC Meeting?
07/22/16 10:53 AMStocks Trend Analysis: Bank of America Corporation (BAC) Chesapeake Energy Corporation (CHK) Intel Corporation (INTC)
07/22/16 10:06 AMHow BofA, Other Big Banks Weathered The Macro Storm -
07/22/16 10:00 AMFormer Army Medic Receives Keys to Home as Bank of America Celebrates 2,000 Property Donations to Nonprofits Serving Military Veterans and Their Families - [Business Wire] - Retired U.S. Army Sergeant and medic Seth Musikant received keys to a renovated mortgage-free home in this Rochester suburb today, becoming the latest recipient of a home donated by Bank of America through the Military Warriors Support Foundation .
07/22/16 05:33 AM4 Key Takeaways From Bank of America's Q2 Earnings Report - Bank of America's second-quarter results should make long-term shareholders happy. Here's why.
07/21/16 08:16 PMBank of America (NYSE:BAC) stock price target upped to $17 as announced today by Citigroup
07/21/16 02:42 PMAnderson Hoagland Co Lowers stake in Bank of America Corp (BAC) - TheFounders Daily
07/21/16 11:30 AMBank of America redesigns mobile app, adds Spanish-language option -
07/21/16 10:01 AMBank of America Corp. :BAC-US: Earnings Analysis: Q2, 2016 By the Numbers : July 21, 2016 -
07/21/16 08:35 AMFinancial Stocks Alerts: Bank of America Corp (NYSE:BAC), Itau Unibanco Holding SA (ADR) (NYSE:ITUB) - share market updates (press release)
07/21/16 08:35 AMCarlton Hofferkamp Jenks Wealth Management buys $1120795 stake in Bank of America Corp (BAC) - TheFounders Daily
07/21/16 08:00 AMBank of America Continues Investment in Mobile With Redesigned App - [Business Wire] - Bank of America today announced a comprehensive redesign of its award-winning mobile app that includes easier navigation and the ability to set the language to Spanish, in addition to other features that make it easier for customers to control their finances from the palm of their hand.
07/20/16 10:10 PMFBR Analyst: We are Buyers of Bank of America Corp (BAC) - Smarter Analyst
07/20/16 03:56 PMFinancial Stocks Review: Bank of America Corp (NYSE:BAC), Wells Fargo & Co (NYSE:WFC) - share market updates (press release)
07/20/16 03:56 PMBerenberg Initiates Coverage on Bank of America Corp to Buy - Trade Calls
07/20/16 03:56 PMFBR Analyst: We are Buyers of Bank of America Corp (BAC ... - Smarter Analyst
07/20/16 03:31 PMBank of America's Preferred Stock, Series D Shares Cross 6% Yield Mark - In trading on Wednesday, shares of Bank of America Corp.'s 6.204% Non-Cumulative Preferred Stock, Series D (NYSE: BAC.PRD) were yielding above the 6% mark based on its quarterly dividend (annualized to $1.551), with shares changing hands as low as $25.82 on the day. This compares to an average yield of 5.41% in the "Financial" preferred stock category, according to Preferred Stock Channel. As of last close, BAC.PRD was trading at a 3.76% premium to its liquidation preference amount, versus the average premium of 7.42% in the "Financial" category. Investors should keep in mind that the shares are not cumulative, meaning that in the event of a missed payment, the company does not have to pay the balance of missed dividends to preferred shareholders before resuming a common dividend. Click here to find out the 50 highest yielding preferreds, at PreferredStockChannel.com »
07/20/16 02:23 PM4 Big-Volume Stocks to Add to Your Buy List -
07/20/16 02:13 PMWhy Merrill Lynch Downgraded 3 Key Metal Players -
07/20/16 12:36 PMHow Did Bank of America Perform in 2Q16? -
07/20/16 12:35 PMBank of America Rose 5% after 2Q16 Earnings -
07/20/16 10:48 AMBank Of America: Focus On Low Interest Rates Obscures A Sound Investment
07/20/16 09:37 AMMerrill Lynch Sees Stronger Rig Recovery: 3 Top Buys for Q3 -
07/19/16 02:44 PMBank of America Corp (NYSE:BAC) & Centurylink Inc (NYSE:CTL) Eye-Catching Stocks - Money News (press release)
07/19/16 02:44 PMFinancial Stocks Reports: Bank of America Corp (NYSE:BAC), ICICI Bank Ltd (ADR) (NYSE:IBN) - share market updates (press release)
07/19/16 11:59 AM[$$] Fund managers expect radical new stimulus from central banks - [at Financial Times] - Fund managers are buying record amounts of protection against a sharp fall in equities over the next three months while a growing number expect a radical new chapter in monetary stimulus, according to ...
07/19/16 10:21 AMOptions Traders See Upside for Financial Stocks -
07/19/16 09:32 AMJPMorgan, Wells Fargo, Bank of America: Bright Prospects With FICC and Mortgage -
07/19/16 08:54 AMBank Of America: Proving The Low Stress Theory
07/18/16 03:37 PMDow, S&P 500 close at record highs - USA TODAY - USA TODAYDow, S&P 500 close at record highsUSA TODAYU.S. stocks extended their record-setting rally and closed at new all-time highs Monday as investors were buoyed by an earnings beat from Bank of America and shrugged off a failed coup attempt in Turkey over the weekend. Last week, the Dow Jones ...Asia Pacific|Stock Indexes Drift Higher in Afternoon TradingNew York TimesMARKET SNAPSHOT: S&P 500, Dow Close At All-time Highs Driven By Tech, Bank GainsNasdaqDow, S&P 500 Only Just Eke Out Records as Tech RalliesTheStreet.comInvestorplace.com -Morningstar.com -Schaeffers Research (blog) -Boston Heraldall 214 news articles »

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About Bank of America Corp.

Bank of America Corp. logoBank of America Corporation is a bank holding and financial holding company. The Company is a financial institution, serving individual consumers, small- and middle-market businesses, institutional investors, corporations and governments with various banking, investing, asset management and other financial and risk management products and services. Its segments include Consumer Banking, which provides credit, banking and investment products and services to consumers and small businesses; Global Wealth & Investment Management, which offers solutions, such as investment management, brokerage, banking and retirement products; Global Banking, which provides lending-related products and services, integrated working capital management and treasury solutions; Global Markets, which offers sales and trading services; Legacy Assets & Servicing, which provides mortgage servicing activities, and All Other, which consists of asset and liability management activities, equity investments and others.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: Money Center Banks
  • Sub-Industry: N/A
  • Exchange: NYSE
  • Symbol: BAC
  • CUSIP:
Key Metrics:
  • Previous Close: $14.53
  • 50 Day Moving Average: $13.587
  • 200 Day Moving Average: $13.690
  • P/E Ratio: 12.170
  • P/E Growth: 1.540
  • Market Cap: $152.44B
  • Beta: 1.76
  • Current Year EPS Consensus Estimate: $1.27 EPS
  • Next Year EPS Consensus Estimate: $1.56 EPS
Additional Links:
Bank of America Corp. (NYSE:BAC) Chart for Wednesday, July, 27, 2016