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

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: $22.53
  • 50 Day Moving Average: $22.32
  • 200 Day Moving Average: $17.34
  • 52-Week Range: $10.99 - $23.41
  • Trailing P/E Ratio: 16.56
  • Foreward P/E Ratio: 11.15
  • P/E Growth: 1.20
  • Market Cap: $238.09B
  • Outstanding Shares: 10,516,450,000
  • Beta: 1.6
Profitability:
  • Net Margins: 18.10%
  • Return on Equity: 6.85%
  • Return on Assets: 0.76%
Debt:
  • Debt-to-Equity Ratio: 0.90%
  • Current Ratio: 0.90%
  • Quick Ratio: 0.90%
Additional Links:
Companies Related to Bank of America Corp.:

Analyst Ratings

Consensus Ratings for Bank of America Corp. (NYSE:BAC) (?)
Ratings Breakdown: 8 Hold Ratings, 23 Buy Ratings, 1 Strong Buy Rating
Consensus Rating:Buy (Score: 2.78)
Consensus Price Target: $20.32 (10.25% downside)

Analysts' Ratings History for Bank of America Corp. (NYSE:BAC)
Show:
DateFirmActionRatingPrice TargetDetails
1/17/2017Goldman Sachs Group Inc.Reiterated RatingConviction-Buy$27.00View Rating Details
1/17/2017NomuraReiterated RatingBuy$25.00View Rating Details
1/17/2017FBR & CoReiterated RatingOutperform$27.00View Rating Details
1/11/2017Renaissance CapitalReiterated RatingBuy$26.00View Rating Details
1/11/2017Raymond James Financial Inc.Reiterated RatingBuyView Rating Details
1/11/2017Oppenheimer Holdings Inc.Reiterated RatingBuy$19.00View Rating Details
1/11/2017Keefe, Bruyette & WoodsReiterated RatingBuy$23.00View Rating Details
1/11/2017Standpoint ResearchReiterated RatingHoldView Rating Details
1/11/2017Societe GeneraleUpgradeHold -> Buy$17.00View Rating Details
1/11/2017GuggenheimReiterated RatingHold$22.00View Rating Details
1/11/2017Deutsche Bank AGReiterated RatingHold$17.00View Rating Details
1/11/2017Compass PointReiterated RatingHold$13.00View Rating Details
1/11/2017BMO Capital MarketsReiterated RatingHold$20.00View Rating Details
1/11/2017Barclays PLCReiterated RatingHold$26.00View Rating Details
1/11/2017Robert W. BairdReiterated RatingHold$16.00View Rating Details
1/11/2017Rafferty Capital MarketsReiterated RatingBuy$19.00View Rating Details
1/11/2017Morgan StanleyReiterated RatingBuy$17.00View Rating Details
1/11/2017Jefferies GroupReiterated RatingBuy$24.00View Rating Details
1/11/2017InstinetReiterated RatingBuy$19.00View Rating Details
1/11/2017Credit Suisse Group AGReiterated RatingBuy$19.00View Rating Details
1/11/2017CLSAReiterated RatingBuy$25.00View Rating Details
1/11/2017Citigroup Inc.Reiterated RatingBuy$19.00 -> $26.00View Rating Details
1/11/2017Sanford C. BernsteinReiterated RatingBuy$17.00View Rating Details
1/11/2017Atlantic SecuritiesReiterated RatingBuyView Rating Details
1/5/2017Erste GroupUpgradeSell -> BuyView Rating Details
8/31/2016S&P Equity ResearchReiterated RatingBuy$18.00View Rating Details
8/25/2016MacquarieUpgradeUnderperform -> NeutralView Rating Details
7/13/2016Berenberg BankInitiated CoverageBuy$15.00View Rating Details
7/9/2016Royal Bank Of CanadaReiterated RatingBuyView Rating Details
7/9/2016Wells Fargo & Co.Reiterated RatingBuyView Rating Details
6/21/2016Buckingham ResearchReiterated RatingBuyView Rating Details
4/9/2016JPMorgan Chase & Co.Reiterated RatingBuyView Rating Details
1/20/2016Portales PartnersUpgradeHoldView Rating Details
1/21/2016Independent Research GmbHLower Price Target$18.00 -> $15.00View Rating Details
1/20/2016Sandler O'NeillUpgradeHold -> BuyView Rating Details
7/17/2015ArgusUpgradeHold -> Buy$17.95 -> $20.00View Rating Details
5/27/2015Evercore ISIReiterated RatingBuy$18.00View Rating Details
(Data available from 1/21/2015 forward)

Earnings

Earnings History for Bank of America Corp. (NYSE:BAC)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
4/12/2017        
1/13/2017Q416$0.38$0.40$20.00 billionViewListenView Earnings Details
10/17/2016Q316$0.33$0.41$21.04 billion$21.64 billionViewListenView Earnings Details
7/18/2016Q216$0.33$0.36$20.41 billion$20.60 millionViewListenView Earnings Details
4/14/2016Q116$0.21$0.21$20.30 billion$20.90 billionViewListenView Earnings Details
1/19/2016Q415$0.26$0.28$19.86 billion$3.34 billionViewListenView Earnings Details
10/14/2015Q315$0.33$0.37$20.77 billion$20.91 billionViewListenView Earnings Details
7/15/2015Q215$0.36$0.45$21.32 billion$22.30 billionViewListenView Earnings Details
4/15/2015Q115$0.29$0.27$21.40 millionViewListenView Earnings Details
1/15/2015Q414$0.32$0.25$21.33 billion$19.58 billionViewListenView Earnings Details
10/15/2014Q314($0.09)($0.01)$21.33 billion$21.40 billionViewListenView Earnings Details
7/16/2014Q214$0.30$0.41$21.69 billion$21.96 billionViewN/AView Earnings Details
4/16/2014Q114$0.05$0.35$22.38 billion$22.80 billionViewListenView Earnings Details
1/15/2014Q413$0.27$0.29$21.28 billion$21.70 billionViewListenView Earnings Details
10/16/2013Q313$0.19$0.20$22.11 billion$22.19 billionViewListenView Earnings Details
7/17/2013Q2 2013$0.25$0.32$22.61 billion$22.95 billionViewListenView Earnings Details
4/17/2013Q1 2013$0.23$0.20$23.50 billion$23.70 billionViewListenView Earnings Details
1/17/2013Q4 2012$0.20$0.03$22.40 billion$22.60 billionViewListenView Earnings Details
7/18/2012$0.14$0.19ViewN/AView Earnings Details
4/19/2012$0.11$0.03ViewN/AView Earnings Details
1/19/2012$0.18$0.15ViewN/AView Earnings Details
10/18/2011$0.22$0.56ViewN/AView Earnings Details
7/19/2011$0.30$0.33ViewN/AView Earnings Details
1/21/2011$0.14$0.04ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Bank of America Corp. (NYSE:BAC)
Current Year EPS Consensus Estimate: $1.73 EPS
Next Year EPS Consensus Estimate: $2.03 EPS
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$0.33
Q4 20164$0.35$0.39$0.37
Q1 20173$0.33$0.36$0.35
Q2 20173$0.47$0.48$0.48
Q3 20173$0.44$0.48$0.46
Q4 20173$0.41$0.48$0.45
Q1 20181$0.40$0.40$0.40
Q2 20181$0.53$0.53$0.53
Q3 20181$0.55$0.55$0.55
Q4 20181$0.59$0.59$0.59
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Bank of America Corp. (NYSE:BAC)
Annual Dividend:$0.30
Dividend Yield:1.33%
Dividend Growth:84.20% (3 Year Average)
Payout Ratio:21.74% (Based on Trailing 12 Months of Earnings)
17.34% (Based on Current Year Consensus EPS Estimate)
14.78% (Based on Next Year Consensus EPS Estimate)
Track Record:3 Years of Consecutive Dividend Growth

Dividend History for Bank of America Corp. (NYSE:BAC)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
10/31/2016quarterly$0.081.82%11/30/201612/2/201612/30/2016
7/29/2016quarterly$0.082.07%8/31/20169/2/20169/23/2016
5/2/2016quarterly$0.051.35%6/1/20166/3/20166/24/2016
1/21/2016quarterly$0.051.47%3/2/20163/4/20163/25/2016
10/22/2015quarterly$0.051.21%12/2/201512/4/201512/24/2015
7/23/2015quarterly$0.051.12%9/2/20159/4/20159/25/2015
4/16/2015quarterly$0.051.29%6/3/20156/5/20156/26/2015
2/10/2015quarterly$0.051.22%3/4/20153/6/20153/27/2015
10/23/2014quarterly$0.051.2%12/3/201412/5/201412/26/2014
8/6/2014quarterly$0.051.32%9/3/20149/5/20149/26/2014
6/19/2014quarterly$0.010.26%6/20/20146/30/20147/25/2014
6/18/2014quarterly$0.016/20/20146/24/20146/30/2014
2/11/2014quarterly$0.010.24%3/5/20143/7/20143/28/2014
10/24/2013quarterly$0.010.28%12/4/201312/6/201312/27/2013
7/24/2013quarterly$0.010.27%9/4/20139/6/20139/27/2013
4/30/2013quarterly$0.010.33%6/5/20136/7/20136/28/2013
1/23/2013quarterly$0.010.35%2/27/20133/1/20133/22/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Bank of America Corp. (NYSE:BAC)
Insider Ownership Percentage: 0.18%
Institutional Ownership Percentage: 62.08%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
11/21/2016Michael D WhiteDirectorBuy25,000$20.14$503,500.00View SEC Filing  
8/15/2016Ynoface Holdings IncInsiderBuy798,403,194$15.03$12,000,000,005.82View SEC Filing  
8/2/2016Thomas D WoodsDirectorBuy25,000$14.13$353,250.00View SEC Filing  
2/22/2016Thong M NguyenInsiderBuy30,000$12.43$372,900.00View SEC Filing  
2/16/2016Frank P BrambleDirectorBuy75,000$12.32$924,000.00View SEC Filing  
7/21/2015Thong M NguyenInsiderSell7,520$18.06$135,811.20View SEC Filing  
5/11/2015Murray Ross OrrDirectorBuy50,000$0.04$2,000.00
5/5/2015Murray Ross OrrDirectorBuy10,000$0.05$480.00
4/28/2015Of America Corp /De/ BankMajor ShareholderSell2,000$25.52$51,040.00View SEC Filing  
4/27/2015Of America Corp /De/ BankMajor ShareholderBuy2,000$25.51$51,020.00View SEC Filing  
4/15/2015Murray Ross OrrDirectorBuy11,000$0.04$418.00
4/10/2015Murray Ross OrrDirectorBuy1,000$0.02$20.00
3/17/2015Murray Ross OrrDirectorBuy60,000$0.02$1,200.00
9/30/2014Of America Corp /De/ BankMajor ShareholderSell1$21.38$21.38View SEC Filing  
9/24/2014Of America Corp /De/ BankMajor ShareholderBuy1$21.61$21.61View SEC Filing  
10/18/2013Thomas J MayDirectorSell1,632$14.63$23,876.16View SEC Filing  
8/5/2013Cotty NeilCAOSell30,000$14.70$441,000.00View SEC Filing  
6/14/2013Charles K GiffordDirectorSell580,734$13.07$7,590,193.38View SEC Filing  
5/10/2013Linda P HudsonDirectorSell6,934$12.94$89,725.96View SEC Filing  
4/18/2013R David YostDirectorBuy20,000$11.51$230,200.00View SEC Filing  
1/24/2013R David YostDirectorBuy20,000$11.53$230,600.00View SEC Filing  
11/7/2012R David YostDirectorBuy10,000$9.48$94,800.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for Bank of America Corp. (NYSE:BAC)
DateHeadline
fool.com logo1 Reason to Be Bullish on Bank of America Stock (NYSE:BAC)
www.fool.com - January 21 at 8:24 AM
thestreet.com logoReady to Trade Bristol-Myers Squibb, Bank of America, CSX? Here's What to Know (NYSE:BAC)
www.thestreet.com - January 20 at 4:51 PM
blogs.barrons.com logoTime to Buy Trees (NYSE:BAC)
blogs.barrons.com - January 20 at 4:51 PM
cnbc.com logoTrump's policies are 'very, very favorable' to financials, former Wells Fargo CEO says (NYSE:BAC)
www.cnbc.com - January 20 at 4:51 PM
fool.com logoWhat Is Bank of America’s Cost of Capital? (NYSE:BAC)
www.fool.com - January 20 at 11:45 AM
News IconBank of America Corp. (BAC): European Risk Mounting Up - Smаrt Stоck Nеws (NYSE:BAC)
smartstocknews.com - January 20 at 3:02 AM
investorplace.com logoBank of America Corp (BAC) Stock Is Headed for a Much Rougher Road - Investorplace.com (NYSE:BAC)
investorplace.com - January 20 at 3:02 AM
marketwatch.com logoBookWatch: Sallie Krawcheck: It’s time to shut down your company’s diversity council (NYSE:BAC)
www.marketwatch.com - January 19 at 9:23 PM
us.rd.yahoo.com logoCan Bank of America’s Shareholder Rewards Attract Investors? (NYSE:BAC)
us.rd.yahoo.com - January 19 at 4:55 PM
us.rd.yahoo.com logoIs the Options Market Predicting a Spike in Bank of America (BAC) Stock? (NYSE:BAC)
us.rd.yahoo.com - January 19 at 4:55 PM
thecountrycaller.com logoBank of America Corp (BAC) To Benefit From Rising Interest Rates As Hinted By Janet Yellen - TCC (NYSE:BAC)
www.thecountrycaller.com - January 19 at 4:55 PM
uk.finance.yahoo.com logoGLOBAL MARKETS-Dollar, bond yields up on strong U.S. data; Wall St dips (NYSE:BAC)
uk.finance.yahoo.com - January 19 at 4:55 PM
sg.finance.yahoo.com logoDollar, bond yields up on strong U.S. data; Wall St. dips (NYSE:BAC)
sg.finance.yahoo.com - January 19 at 4:55 PM
News IconShould You Buy Reynolds American Inc (NYSE:RAI) On Current Analyst Views? (NYSE:BAC)
istreetresearch.com - January 19 at 2:30 AM
News IconBank of America Corporation (NYSE:BAC) Analytical Analysis (NYSE:BAC)
baddgoddess.com - January 18 at 9:29 PM
News IconInstitutional Move: Bank Amer Corp (BAC) Valuation Rose While Natixis Lowered Position (NYSE:BAC)
rawgistafrica.com - January 18 at 9:29 PM
News IconComprehensive Stock Analysis of: Bank of America Corporation (NYSE:BAC) (NYSE:BAC)
avauncer.com - January 18 at 9:29 PM
News IconBank of America Corporation (NYSE:BAC) Consensus Earnings Outlook (NYSE:BAC)
prensariotiretail.com - January 18 at 9:29 PM
News IconBank of America Trades higher as Analysts are Confident (NYSE:BAC)
www.financialbuzz.com - January 18 at 4:28 PM
investopedia.com logoFed Rate Hike to 'Have a Big Impact' on BofA: CEO (BAC) (NYSE:BAC)
www.investopedia.com - January 18 at 4:28 PM
seekingalpha.com logoBank Of America: What Investors Can Reasonably Expect In 2017 (NYSE:BAC)
seekingalpha.com - January 18 at 4:28 PM
News IconBank of America Corporation (NYSE:BAC) reports net income of $4.7 billion (NYSE:BAC)
vgtoday.net - January 18 at 4:28 PM
bizjournals.com logoSkanska tower lease 'not welcome news' to downtown Houston landlords (NYSE:BAC)
us.rd.yahoo.com - January 18 at 4:28 PM
us.rd.yahoo.com logoTrump Fueled Bank of America’s Trading Revenues in 4Q16 (NYSE:BAC)
us.rd.yahoo.com - January 18 at 4:28 PM
us.rd.yahoo.com logoJPMorgan agrees to $55 mil settle of mortgage discrimination complaint -source (NYSE:BAC)
us.rd.yahoo.com - January 18 at 4:28 PM
sg.finance.yahoo.com logoJPMorgan agrees to $55 million settle of mortgage discrimination complaint - source (NYSE:BAC)
us.rd.yahoo.com - January 18 at 4:28 PM
us.rd.yahoo.com logoCiti's Trading Boom Caps Monster Gains at America's Biggest Banks (NYSE:BAC)
us.rd.yahoo.com - January 18 at 4:28 PM
us.rd.yahoo.com logoFed Rate Hike to 'Have a Big Impact' on BofA: CEO (NYSE:BAC)
us.rd.yahoo.com - January 18 at 4:28 PM
thestreet.com logoBank of America May Need a Dip to Attract Buyers (NYSE:BAC)
us.rd.yahoo.com - January 18 at 4:28 PM
fool.com logoWhy Bank of America Should Earn $600 Million More Each Quarter in 2017 (NYSE:BAC)
www.fool.com - January 18 at 4:28 PM
thestreet.com logoWall Street Ends Mixed Day as Fed's Yellen Sparks Rate Hike Talk (NYSE:BAC)
www.thestreet.com - January 18 at 4:28 PM
benzinga.com logoBrexit Is Back: May's Speech Weighs On Market Despite Strong Morgan Stanley Results - Benzinga (NYSE:BAC)
www.benzinga.com - January 18 at 2:31 AM
seekingalpha.com logoBank Of America: Back To Normal Value Levels (NYSE:BAC)
seekingalpha.com - January 17 at 9:31 PM
us.rd.yahoo.com logoBofA’s Moynihan on Brexit Preps, Regulation Under Trump (NYSE:BAC)
us.rd.yahoo.com - January 17 at 9:31 PM
us.rd.yahoo.com logoBofA’s Moynihan: Customers Still Drive Our Business (NYSE:BAC)
us.rd.yahoo.com - January 17 at 9:31 PM
us.rd.yahoo.com logoBank of America’s 4Q16 Earnings Topped Expectations on Cost Cuts, Trading Gains (NYSE:BAC)
us.rd.yahoo.com - January 17 at 9:31 PM
us.rd.yahoo.com logoCramer explains why this is the perfect environment for bank stocks to roar higher (NYSE:BAC)
us.rd.yahoo.com - January 17 at 9:31 PM
fool.com logoWhy Bank of America's Stock Tumbled on Tuesday (NYSE:BAC)
www.fool.com - January 17 at 8:24 PM
thecountrycaller.com logoBank of America Corp (BAC): Optimism by IMF Can Ignite a Bullish Sentiment - TCC (NYSE:BAC)
www.thecountrycaller.com - January 17 at 4:29 PM
investopedia.com logoBank of America Stock Short Interest Declines 22% (BAC ... - Investopedia (NYSE:BAC)
www.investopedia.com - January 17 at 4:29 PM
investorplace.com logoBank of America Corp (BAC) Stock Is on Fire. Short It! - Investorplace.com (NYSE:BAC)
investorplace.com - January 17 at 4:29 PM
marketrealist.com logoPNC Shows Strength in 4Q16 on Interest Income, BlackRock (NYSE:BAC)
marketrealist.com - January 17 at 4:29 PM
cnbc.com logoFull interview with Bank of America CEO Moynihan on the bank's 35% stock rally, rising rates (NYSE:BAC)
www.cnbc.com - January 17 at 11:22 AM
us.rd.yahoo.com logoBank of America Stock Short Interest Declines 22% (NYSE:BAC)
us.rd.yahoo.com - January 17 at 9:43 AM
finance.yahoo.com logoMorgan Stanley Beats Estimates as Fixed-Income Trading Triples (NYSE:BAC)
finance.yahoo.com - January 17 at 9:43 AM
finance.yahoo.com logoHaass: U.K. Takes 'Cake and Eat It Too' Brexit Approach (NYSE:BAC)
finance.yahoo.com - January 17 at 9:43 AM
finance.yahoo.com logoIs Trump Torn Between a Strong and Weak U.S. Dollar? (NYSE:BAC)
finance.yahoo.com - January 17 at 9:43 AM
finance.yahoo.com logoThe Role of Dollar Dynamics in a U.S-China Trade (NYSE:BAC)
finance.yahoo.com - January 17 at 9:43 AM
finance.yahoo.com logoBAC CEO: Rates should rise for the right reason (NYSE:BAC)
finance.yahoo.com - January 17 at 9:43 AM
finance.yahoo.com logoBAC CEO: Dodd-Frank in focus (NYSE:BAC)
finance.yahoo.com - January 17 at 9:43 AM

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Bank of America Corp. (NYSE:BAC) Chart for Saturday, January, 21, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for Bank of America Corp. (NYSE:BAC)

Earnings History Chart

Earnings by Quarter for Bank of America Corp. (NYSE:BAC)

Dividend History Chart

Dividend Payments by Quarter for Bank of America Corp. (NYSE:BAC)

Last Updated on 1/21/2017 by MarketBeat.com Staff