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: $15.84
  • 50 Day Moving Average: $14.66
  • 200 Day Moving Average: $13.94
  • 52-Week Range: $10.99 - $18.09
  • Trailing P/E Ratio: 13.58
  • Foreward P/E Ratio: 10.45
  • P/E Growth: 1.70
  • Market Cap: $170.37B
  • Outstanding Shares: 10,516,450,000
  • Beta: 1.75
Additional Links:
Companies Related to Bank of America Corp.:

Analyst Ratings

Consensus Ratings for Bank of America Corp. (NYSE:BAC) (?)
Ratings Breakdown: 1 Sell Rating, 7 Hold Ratings, 19 Buy Ratings, 1 Strong Buy Rating
Consensus Rating:Buy (Score: 2.71)
Consensus Price Target: $24.75 (52.84% upside)

Analysts' Ratings History for Bank of America Corp. (NYSE:BAC)
Show:
DateFirmActionRatingPrice TargetDetails
8/26/2016Goldman Sachs Group Inc.Reiterated RatingConviction-Buy$17.00View Rating Details
8/25/2016Robert W. BairdUpgradeNeutral -> OutperformView Rating Details
8/25/2016MacquarieUpgradeUnderperform -> NeutralView Rating Details
8/25/2016Deutsche Bank AGReiterated RatingBuy$175.00View Rating Details
8/25/2016Sanford C. BernsteinUpgradeNeutral -> Outperform$19.00View Rating Details
8/16/2016Jefferies GroupReiterated RatingBuyView Rating Details
7/28/2016Credit Suisse Group AGReiterated RatingBuy$18.00View Rating Details
7/24/2016FBR & CoReiterated RatingOutperform$20.00View Rating Details
7/20/2016Keefe, Bruyette & WoodsReiterated RatingHold$15.00View Rating Details
7/19/2016Citigroup Inc.Boost Price TargetBuy$16.00 -> $17.00View 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
7/10/2016Barclays PLCReiterated RatingEqual Weight$19.00View Rating Details
7/7/2016Raymond James Financial Inc.DowngradeOutperform -> Market PerformView Rating Details
7/6/2016Oppenheimer Holdings Inc.Reiterated RatingOutperform$20.00 -> $18.00View Rating Details
6/21/2016Buckingham ResearchReiterated RatingBuyView Rating Details
4/18/2016Societe GeneraleReiterated RatingBuyView Rating Details
4/17/2016BMO Capital MarketsReiterated RatingHoldView Rating Details
4/17/2016Morgan StanleyReiterated RatingBuyView Rating Details
4/9/2016JPMorgan Chase & Co.Reiterated RatingBuyView Rating Details
3/16/2016Credit Agricole SAReiterated RatingSellView Rating Details
3/1/2016Atlantic SecuritiesDowngradeOverweight -> NeutralView Rating Details
1/20/2016Portales PartnersUpgradeHoldView Rating Details
1/21/2016Independent Research GmbHLower Price Target$18.00 -> $15.00View Rating Details
1/21/2016NomuraReiterated RatingBuy$19.00View Rating Details
1/20/2016Sandler O'NeillUpgradeHold -> BuyView Rating Details
12/6/2015Rafferty Capital MarketsReiterated RatingBuyView Rating Details
10/15/2015S&P Equity ResearchLower Price TargetBuy$20.00 -> $18.00View Rating Details
7/17/2015ArgusUpgradeHold -> Buy$17.95 -> $20.00View Rating Details
5/27/2015Evercore ISIReiterated RatingBuy$18.00View Rating Details
12/15/2014GuggenheimInitiated CoverageBuy$20.00View Rating Details
(Data available from 8/31/2014 forward)

Earnings

Earnings History for Bank of America Corp. (NYSE:BAC)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/12/2016        
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: $1.27 EPS
Next Year EPS Consensus Estimate: $1.55 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$0.34
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:1.24%
Dividend Growth:71.00% (3 Year Average)
Payout Ratio:16.39% (Based on Trailing 12 Months of Earnings)
15.75% (Based on Current Year Consensus EPS Estimate)
12.90% (Based on Next Year Consensus EPS Estimate)
Track Record:2 Years of Consecutive Dividend Growth

Dividend History for Bank of America Corp. (NYSE:BAC)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
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)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
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
News IconWells Fargo & Co (NYSE:WFC) & Bank of America Corp (NYSE:BAC) UPDATE ON U.S STOCKS : 29 AUG 2016 - Money News (NYSE:BAC)
www.newsismoney.com - August 30 at 3:43 PM
News IconFinancial Stocks Broker Alerts: Bank of America Corp (BAC), Charles Schwab Corp (SCHW) - share market updates (press release) (NYSE:BAC)
sharemarketupdates.com - August 30 at 3:43 PM
bidnessetc.com logoBank of America Corp (BAC) Stock Ticks up as US Banks See Improved Profitability - Bidness ETC (NYSE:BAC)
www.bidnessetc.com - August 30 at 3:43 PM
investorplace.com logoTuesday's Vital Data: Bank of America Corp (BAC), Valeant Pharmaceuticals Intl Inc (VRX) and Netflix, Inc. (NFLX) - Investorplace.com (NYSE:BAC)
investorplace.com - August 30 at 3:43 PM
bizjournals.com logoBank of America investing in Albany's Park South with new branch (NYSE:BAC)
www.bizjournals.com - August 30 at 3:43 PM
fool.com logoWhy Bank of America's Shares Are Up 11% in August (NYSE:BAC)
www.fool.com - August 30 at 2:19 PM
finance.yahoo.com logoBank of America: These stocks will surge when millennials start making more money (NYSE:BAC)
finance.yahoo.com - August 30 at 11:26 AM
News IconWhy Merrill Lynch Sees Apple’s EU and Irish Tax Woes Blowing Over (NYSE:BAC)
feedproxy.google.com - August 30 at 11:25 AM
thecountrycaller.com logoBank of America Corp (BAC) Stock Reacts Vigorously To Hawkish Yellen (NYSE:BAC)
www.thecountrycaller.com - August 29 at 4:17 PM
forbes.com logoEx-Dividend Reminder: Baxter International, Bank of America and American National Insurance (NYSE:BAC)
www.forbes.com - August 29 at 4:17 PM
schaeffersresearch.com logoMost Active Weekly Options: Bank of America Corp and Tesla Motors Inc (NYSE:BAC)
www.schaeffersresearch.com - August 29 at 4:17 PM
sg.finance.yahoo.com logoMarkets Right Now: Banks lead US stocks higher on rate hopes (NYSE:BAC)
sg.finance.yahoo.com - August 29 at 4:17 PM
forbes.com logoBank of America Pulls Out Of Money Market With New SEC Regulations (NYSE:BAC)
www.forbes.com - August 28 at 11:20 AM
thecountrycaller.com logoBank of America Corp (BAC) Target Price Raised to $18 - TCC (NYSE:BAC)
www.thecountrycaller.com - August 28 at 8:29 AM
marketrealist.com logoCan Bank of America and Citigroup’s Dividend Hike Boost Valuations? (NYSE:BAC)
marketrealist.com - August 26 at 11:49 AM
marketrealist.com logoHow Do Valuations of Citigroup and Bank of America Compare? (NYSE:BAC)
marketrealist.com - August 26 at 11:49 AM
finance.yahoo.com logoThis could put a cap on the rebound in oil prices (NYSE:BAC)
finance.yahoo.com - August 26 at 9:58 AM
News IconLeading stocks in today’s market: Bank of America Corporation (NYSE:BAC) (NYSE:BAC)
twincountynews.com - August 25 at 9:06 PM
feeds.reuters.com logoUPDATE 1-LyondellBasell retains bank for potential Houston refinery sale -sources (NYSE:BAC)
feeds.reuters.com - August 25 at 5:39 PM
News IconWatch List - Bank of America (NYSE:BAC), Amgen (NASDAQ:AMGN) - Money News (press release) (NYSE:BAC)
www.newsismoney.com - August 25 at 3:45 PM
marketrealist.com logoConsumer Banking Drives Growth for Bank of America and Citigroup (NYSE:BAC)
marketrealist.com - August 25 at 3:45 PM
marketrealist.com logoHow Do BAC and Citigroup Compare on Cost-Cutting Capabilities? (NYSE:BAC)
marketrealist.com - August 25 at 3:45 PM
thestreet.com logo[video]Many Millennials Are Struggling With Too Much Debt (NYSE:BAC)
www.thestreet.com - August 25 at 3:45 PM
marketrealist.com logoHow Do Trading Businesses of Citigroup and Bank of America Compare? (NYSE:BAC)
marketrealist.com - August 25 at 8:31 AM
investorplace.com logoBank of America Corp (BAC) Is Still a Huge Buy - Investorplace.com (NYSE:BAC)
investorplace.com - August 24 at 11:57 AM
marketwatch.com logo10 charts show why market may be ripe for a correction (NYSE:BAC)
www.marketwatch.com - August 23 at 11:52 PM
News IconThe US has a $1.4 trillion hole that needs to be filled (NYSE:BAC)
www.businessinsider.com - August 23 at 11:52 PM
marketwatch.com logoMarket Extra: 10 charts show why market may be ripe for a correction (NYSE:BAC)
www.marketwatch.com - August 23 at 6:00 PM
finance.yahoo.com logoBofA, Other Banks Navigate Choppy Waters; Await Gains From Rate Hike (NYSE:BAC)
finance.yahoo.com - August 23 at 3:46 PM
finance.yahoo.com logoTop trades for the 2nd half: CVS, SQ & more (NYSE:BAC)
finance.yahoo.com - August 23 at 3:46 PM
investopedia.com logoWhy Bank of America Stock Is Lower Than Pre-Crisis (BAC) (NYSE:BAC)
www.investopedia.com - August 23 at 3:46 PM
finance.yahoo.com logoPeople haven't talked about 'fiscal stimulus' this much since the financial crisis (NYSE:BAC)
finance.yahoo.com - August 23 at 12:02 PM
investorplace.com logoBank of America Corp (BAC) Is Primed for a Rate Hike! - Investorplace.com (NYSE:BAC)
investorplace.com - August 23 at 5:48 AM
finance.yahoo.com logoCramer Remix: Stocks to own ahead of a potential rate hik... (NYSE:BAC)
finance.yahoo.com - August 22 at 8:49 PM
thecountrycaller.com logoBank of America Corp (BAC): Are the Bad Days Finally Behind the Bank? - TCC (NYSE:BAC)
www.thecountrycaller.com - August 22 at 3:48 PM
feeds.reuters.com logoU.S. appeals court declines to reconsider Bank of America ruling (NYSE:BAC)
feeds.reuters.com - August 22 at 3:11 PM
forbes.com logoTop Buys by Directors: Woods's $353.2K Bet on BAC (NYSE:BAC)
www.forbes.com - August 22 at 1:28 PM
cnbc.com logo10 stocks to buy on the coming fiscal stimulus, according to Bank of America (NYSE:BAC)
www.cnbc.com - August 22 at 11:36 AM
News IconNotable Fin Stocks Preview: Bank of America Corp (NYSE:BAC), Prospect Capital Corporation (NASDAQ:PSEC) - share market updates (press release) (NYSE:BAC)
sharemarketupdates.com - August 22 at 8:32 AM
News IconU.S. banks want to cut branches, but customers keep coming (NYSE:BAC)
www.businessinsider.com - August 22 at 1:58 AM
sg.finance.yahoo.com logoNorth Carolina a snapshot of Trump's shrinking trade appeal (NYSE:BAC)
sg.finance.yahoo.com - August 21 at 3:39 PM
bidnessetc.com logoActivist Investors Attracted to Bank of America Corp, Morgan Stanley; What's Next? - Bidness ETC (NYSE:BAC)
www.bidnessetc.com - August 20 at 3:45 PM
fool.com logoAnalysts Think You Should Buy Bank of America's Stock (NYSE:BAC)
www.fool.com - August 20 at 3:45 PM
finance.yahoo.com logoBofA’s Global Co-Head of ECM Deignan Said to Leave for Lazard (NYSE:BAC)
finance.yahoo.com - August 20 at 3:45 PM
fool.com logoWhy Activist Investors Have Steered Clear of Bank of America (NYSE:BAC)
www.fool.com - August 19 at 1:36 PM
finance.yahoo.com logoBank of America is Prepped for a Breakout (NYSE:BAC)
finance.yahoo.com - August 18 at 3:51 PM
fool.com logoIf Alan Greenspan Is Right, Bank of America's Stock Could Soon Soar (NYSE:BAC)
www.fool.com - August 18 at 2:34 PM
News IconFinancial Stocks Buzzer: Bank of America Corp (NYSE:BAC), JPMorgan Chase & Co. (NYSE:JPM) - share market updates (press release) (NYSE:BAC)
sharemarketupdates.com - August 18 at 12:07 PM
thecountrycaller.com logoBank of America Corporation (NYSE:BAC) Is a Difficult Job for Activist Investors; Here is Why - TCC (NYSE:BAC)
www.thecountrycaller.com - August 18 at 12:07 PM
thecountrycaller.com logoStreet Analysts Bullish On Bank Of America Corp (NYSE:BAC) Stock; Here's Why - TCC (NYSE:BAC)
www.thecountrycaller.com - August 17 at 3:48 PM

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Bank of America Corp. (NYSE:BAC) Chart for Wednesday, August, 31, 2016


Last Updated on 8/31/2016 by MarketBeat.com Staff