NYSE:BAC - Bank of America Stock Price, News, & Analysis Sign in or create an account to add this stock to your watchlist. Get Started $29.30 +0.31 (+1.07 %) (As of 01/21/2019 04:00 PM ET)Previous Close$28.99Today's Range$28.71 - $29.4652-Week Range$22.66 - $33.05Volume97.93 million shsAverage Volume73.15 million shsMarket Capitalization$300.14 billionP/E Ratio11.23Dividend Yield2.05%Beta1.31 ProfileDiscussionAnalyst RatingsChartDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial Media Share on FacebookShare on TwitterShare on LinkedInShare on RedditShare on StocktwitsPrint this articleShare by Email Bank of America Corporation, through its subsidiaries, provides banking and financial products and services for individual consumers, small- and middle-market businesses, institutional investors, large corporations, and governments worldwide. It operates through four segments: Consumer Banking, Global Wealth & Investment Management (GWIM), Global Banking, and Global Markets. The Consumer Banking segment offers traditional and money market savings accounts, CDs and IRAs, noninterest- and interest-bearing checking accounts, and investment accounts and products; and credit and debit cards, residential mortgages, and home equity loans, as well as direct and indirect loans, such as automotive, recreational vehicle, and consumer personal loans. This segment provides its products and services through approximately 4,500 financial centers; 16,000 ATMs; call centers; and digital banking platforms. The GWIM segment offers investment management, brokerage, banking, and trust and retirement products; and wealth management solutions targeted to high net worth and ultra high net worth clients, as well as customized solutions to meet clients' wealth structuring, investment management, and trust and banking needs, including specialty asset management services. The Global Banking segment provides lending products and services, including commercial loans, leases, commitment facilities, trade finance, and real estate and asset-based lending; treasury solutions, such as treasury management, foreign exchange, and short-term investing options; working capital management solutions; and debt and equity underwriting and distribution, and merger-related and other advisory services. The Global Markets segment offers market-making, financing, securities clearing, settlement, and custody services, as well as risk management, foreign exchange, fixed-income, and mortgage-related products. Bank of America Corporation was founded in 1874 and is based in Charlotte, North Carolina. Receive BAC News and Ratings via Email Sign-up to receive the latest news and ratings for BAC and its competitors with MarketBeat's FREE daily newsletter. Industry, Sector and Symbol Stock Exchange NYSE Industry National commercial banks Sub-IndustryN/A SectorFinance Current SymbolNYSE:BAC Previous Symbol CUSIPN/A Webwww.bankofamerica.com Phone704-386-5681Debt Debt-to-Equity Ratio0.94 Current Ratio0.92 Quick Ratio0.91Price-To-Earnings Trailing P/E Ratio11.23 Forward P/E Ratio10.43 P/E Growth1.3 Sales & Book Value Annual Sales$110.58 billion Price / Sales2.71 Cash Flow$2.4747 per share Price / Cash Flow11.84 Book Value$23.72 per share Price / Book1.24Profitability EPS (Most Recent Fiscal Year)$2.61 Net Income$28.15 billion Net Margins25.45% Return on Equity11.66% Return on Assets1.21%Miscellaneous Employees209,000 Outstanding Shares10,243,690,000Market Cap$300.14 billion OptionableOptionable Bank of America (NYSE:BAC) Frequently Asked Questions What is Bank of America's stock symbol? Bank of America trades on the New York Stock Exchange (NYSE) under the ticker symbol "BAC." How often does Bank of America pay dividends? What is the dividend yield for Bank of America? Bank of America declared a quarterly dividend on Wednesday, October 24th. Investors of record on Friday, December 7th will be paid a dividend of $0.15 per share on Friday, December 28th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 2.05%. The ex-dividend date is Thursday, December 6th. View Bank of America's Dividend History. How will Bank of America's stock buyback program work? Bank of America announced that its board has authorized a stock buyback program on Thursday, June 28th 2018, which authorizes the company to buyback $20,600,000,000.00 in shares, according to EventVestor. This buyback authorization authorizes the company to purchase up to 7.1% of its shares through open market purchases. Shares buyback programs are often an indication that the company's board of directors believes its stock is undervalued. How were Bank of America's earnings last quarter? Bank of America Corp (NYSE:BAC) posted its earnings results on Wednesday, January, 16th. The financial services provider reported $0.70 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $0.63 by $0.07. The financial services provider had revenue of $22.89 billion for the quarter, compared to the consensus estimate of $22.37 billion. Bank of America had a return on equity of 11.66% and a net margin of 25.45%. The company's revenue was up 10.7% compared to the same quarter last year. During the same quarter last year, the firm posted $0.48 EPS. View Bank of America's Earnings History. When is Bank of America's next earnings date? Bank of America is scheduled to release their next quarterly earnings announcement on Monday, April 15th 2019. View Earnings Estimates for Bank of America. What price target have analysts set for BAC? 14 analysts have issued 12-month target prices for Bank of America's stock. Their forecasts range from $28.00 to $37.00. On average, they expect Bank of America's share price to reach $33.5455 in the next year. This suggests a possible upside of 14.5% from the stock's current price. View Analyst Price Targets for Bank of America. What is the consensus analysts' recommendation for Bank of America? 14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Bank of America in the last year. There are currently 6 hold ratings and 8 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Bank of America. What are Wall Street analysts saying about Bank of America stock? Here are some recent quotes from research analysts about Bank of America stock: 1. According to Zacks Investment Research, "Bank of America’s shares have outperformed the industry over the past year. Also, the company possesses an impressive earnings surprise history, beating the Zacks Consensus Estimate in each of the trailing four quarters. Its fourth-quarter 2018 results were driven by rise in net interest income, lower operating expenses and decline in provisions. Rise in loan and deposit balances, higher interest rates and efforts to control expenses will likely support profitability. While dismal performance of capital markets has been hurting the company’s investment banking operations, its initiatives to expand into new markets and digital offerings are expected to further enhance cross selling opportunities. Also, the bank’s steady capital deployments reflect a strong liquidity position." (1/21/2019) 2. Vining Sparks analysts commented, "Bank of America’s strong fundamental earnings momentum & the impact of tax reform continues to validate our expectations for 45% earnings growth in 2018E. We would also highlight that this strong earnings momentum has improved Bank of America’s ROTCE by over 3 full percentage points in 1Q’18 and should improve its ROTCE by over another full percentage point by the end of 2018E. Therefore, we believe Bank of America’s price-to-tangible book value should improve towards 195%, suggesting over 15% upside potential." (4/16/2018) Has Bank of America been receiving favorable news coverage? Headlines about BAC stock have been trending very positive on Monday, InfoTrie Sentiment reports. The research firm identifies positive and negative media coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Bank of America earned a news sentiment score of 3.2 on InfoTrie's scale. They also gave media headlines about the financial services provider a news buzz of 4.0 out of 10, meaning that recent media coverage is somewhat unlikely to have an impact on the company's share price in the near term. Are investors shorting Bank of America? Bank of America saw a drop in short interest in the month of December. As of December 31st, there was short interest totalling 144,278,066 shares, a drop of 2.4% from the December 14th total of 147,885,102 shares. Based on an average trading volume of 97,519,460 shares, the short-interest ratio is currently 1.5 days. Approximately 1.5% of the company's shares are sold short. View Bank of America's Current Options Chain. Who are some of Bank of America's key competitors? Some companies that are related to Bank of America include JPMorgan Chase & Co. (JPM), Wells Fargo & Co (WFC), Citigroup (C), U.S. Bancorp (USB), Industrial & Cmrcl Bnk f China (IDCBY), PNC Financial Services Group (PNC), UBS Group (UBS), National Australia Bank (NABZY), DBS GRP HOLDING/S (DBSDY), Mizuho Financial Group (MFG), Capital One Financial (COF), BB&T (BBT), Intesa Sanpaolo (ISNPY), BANCO DO BRASIL/S (BDORY) and SunTrust Banks (STI). Who are Bank of America's key executives? Bank of America's management team includes the folowing people: Mr. Brian Thomas Moynihan, Chairman & CEO (Age 60)Mr. Paul M. Donofrio, Chief Financial Officer (Age 59)Mr. Thomas Kell Montag, Chief Operating Officer (Age 62)Mr. Geoffrey S. Greener, Chief Risk Officer (Age 54)Mr. Paul Mondragon, Market Pres Who are Bank of America's major shareholders? Bank of America's stock is owned by many different of retail and institutional investors. Top institutional investors include DNB Asset Management AS (0.06%), Gateway Investment Advisers LLC (0.05%), Hexavest Inc. (0.04%), Nisa Investment Advisors LLC (0.04%), Atalanta Sosnoff Capital LLC (0.03%) and Gulf International Bank UK Ltd (0.02%). Company insiders that own Bank of America stock include Catherine P Bessant, Donald Alexander Whalen, Frank P Bramble, Louis Robert Nagy, Murray Ross Orr and Thomas D Woods. View Institutional Ownership Trends for Bank of America. Which institutional investors are selling Bank of America stock? BAC stock was sold by a variety of institutional investors in the last quarter, including Atalanta Sosnoff Capital LLC, Gulf International Bank UK Ltd, Nisa Investment Advisors LLC, Packer & Co Ltd, Sit Investment Associates Inc., Stillwater Capital Advisors LLC, Park National Corp OH and Corrado Advisors LLC. View Insider Buying and Selling for Bank of America. Which institutional investors are buying Bank of America stock? BAC stock was purchased by a variety of institutional investors in the last quarter, including Hexavest Inc., Douglas Lane & Associates LLC, Nippon Life Global Investors Americas Inc., American Trust Investment Advisors LLC, Bridge Creek Capital Management LLC, Cumberland Advisors Inc., DNB Asset Management AS and Dudley & Shanley Inc.. Company insiders that have bought Bank of America stock in the last two years include Donald Alexander Whalen, Murray Ross Orr and Thomas D Woods. View Insider Buying and Selling for Bank of America. How do I buy shares of Bank of America? Shares of BAC can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab. What is Bank of America's stock price today? One share of BAC stock can currently be purchased for approximately $29.30. How big of a company is Bank of America? Bank of America has a market capitalization of $300.14 billion and generates $110.58 billion in revenue each year. The financial services provider earns $28.15 billion in net income (profit) each year or $2.61 on an earnings per share basis. Bank of America employs 209,000 workers across the globe. What is Bank of America's official website? The official website for Bank of America is http://www.bankofamerica.com. How can I contact Bank of America? Bank of America's mailing address is 100 N. TRYON STREET, CHARLOTTE NC, 28255. The financial services provider can be reached via phone at 704-386-5681 or via email at [email protected] MarketBeat Community Rating for Bank of America (NYSE BAC)Community Ranking: 2.7 out of 5 ( )Outperform Votes: 1,449 (Vote Outperform)Underperform Votes: 1,261 (Vote Underperform)Total Votes: 2,710MarketBeat's community ratings are surveys of what our community members think about Bank of America and other stocks. Vote "Outperform" if you believe BAC will outperform the S&P 500 over the long term. Vote "Underperform" if you believe BAC will underperform the S&P 500 over the long term. You may vote once every thirty days. This page was last updated on 1/21/2019 by MarketBeat.com StaffFeatured Article: What is Compound Interest?