stoxline Quote Chart Rank Option Currency Glossary
  
Bank of America Corporation (BAC)
39.28  -0.19 (-0.48%)    09-10 16:00
Open: 39.84
High: 39.84
Volume: 43,496,993
  
Pre. Close: 39.47
Low: 38.33
Market Cap: 304,796(M)
Technical analysis
2024-09-10 4:46:48 PM
Short term     
Mid term     
Targets 6-month :  47.82 1-year :  55.86
Resists First :  40.95 Second :  47.82
Pivot price 39.71
Supports First :  38.22 Second :  36.54
MAs MA(5) :  39.63 MA(20) :  39.55
MA(100) :  39.5 MA(250) :  34.88
MACD MACD :  -0.1 Signal :  -0.1
%K %D K(14,3) :  31.8 D(3) :  43.5
RSI RSI(14): 46.5
52-week High :  44.43 Low :  24.95
Price, MAs and Bollinger Bands

Price has closed below its short-term moving average. Short-term moving average is currently below mid-term; and above long-term moving average. From the relationship between price and moving averages: This stock is BEARISH in short-term; and NEUTRAL in mid-long term.
[ BAC ] has closed above bottom band by 33.4%. Bollinger Bands are 24.6% narrower than normal. The current width of the bands does not suggest anything about the future direction or movement of prices.

Stock Price Prediction
If tomorrow: Open lower Open higher
High: 39.95 - 40.17 40.17 - 40.35
Low: 37.65 - 37.96 37.96 - 38.22
Close: 38.82 - 39.28 39.28 - 39.66
Company Description

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. Its Consumer Banking segment offers traditional and money market savings accounts, certificates of deposit 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. The company's Global Wealth & Investment Management segment offers investment management, brokerage, banking, and trust and retirement products and services; and wealth management solutions, as well as customized solutions, including specialty asset management services. Its Global Banking segment provides lending products and services, including commercial loans, leases, commitment facilities, trade finance, and commercial real estate and asset-based lending; treasury solutions, such as treasury management, foreign exchange, and short-term investing options and merchant services; working capital management solutions; and debt and equity underwriting and distribution, and merger-related and other advisory services. The company's Global Markets segment offers market-making, financing, securities clearing, settlement, and custody services, as well as risk management products using interest rate, equity, credit, currency and commodity derivatives, foreign exchange, fixed-income, and mortgage-related products. As of December 31, 2021, it served approximately 67 million consumer and small business clients with approximately 4,200 retail financial centers; approximately 16,000 ATMs; and digital banking platforms with approximately 41 million active users. The company was founded in 1784 and is based in Charlotte, North Carolina.

Headline News

Tue, 10 Sep 2024
Bank of America Corporation (BAC): Short Seller Sentiment For This Big-Name Stock is Bullish - Insider Monkey

Tue, 10 Sep 2024
SEC Form FWP filed by Bank of America Corporation - Quantisnow

Tue, 10 Sep 2024
BofA’s Moynihan: ‘I don’t know what Warren Buffett is doing selling BofA stock’ (NYSE:BAC) - Seeking Alpha

Tue, 10 Sep 2024
Bank of America nudges up U.S. minimum wage to $24/hour (NYSE:BAC) - Seeking Alpha

Tue, 10 Sep 2024
BofA Raises U.S. Minimum Hourly Wage to $24, Increasing Starting Salary to Nearly $50K - Quantisnow

Tue, 10 Sep 2024
Bank Of America Corporation (BAC): A Good Bank Stock to Buy in 2024 - Insider Monkey

Financial Analysis
Price to Book Value:
P/BV, a ratio used to compare book value to its current market price, to gauge whether a stock is valued properly.
Underperform
Price to Earnings:
PE, the ratio for valuing a company that measures its current share price relative to its earnings per share (EPS).
Underperform
Discounted cash flow:
DCF, a valuation method used to estimate the value of an investment based on its expected future cash flows.
Neutral
Return on Assets:
ROA, indicates how profitable a company is in relation to its total assets, how efficiently uses assets to generate a profit.
Neutral
Return on Equity:
ROE, a measure of financial performance calculated by dividing net income by equity. a gauge of profitability and efficiency.
Neutral
Debt to Equity:
evaluate financial leverage, reflects the ability of equity to cover outstanding debts in the event of a business downturn.
Underperform
Stock Basics & Statistics
Exchange:
NYSE
Sector:
Financial Services
Industry:
Banks - Diversified
Shares Out 7,760 (M)
Shares Float 7,730 (M)
Held by Insiders 11.7 (%)
Held by Institutions 60.7 (%)
Shares Short 62,670 (K)
Shares Short P.Month 72,010 (K)
Stock Financials
EPS 2.84
EPS Est Next Qtrly 0
EPS Est This Year 0
EPS Est Next Year 0
Book Value (p.s.) 34.38
Profit Margin 26.3 %
Operating Margin 31.6 %
Return on Assets (ttm) 0.7 %
Return on Equity (ttm) 8.5 %
Qtrly Rev. Growth -0.9 %
Gross Profit (p.s.) 0
Sales Per Share 12
EBITDA (p.s.) 0
Qtrly Earnings Growth -5.7 %
Operating Cash Flow 47,050 (M)
Levered Free Cash Flow 0 (M)
Stock Valuations
PE Ratio 13.78
PEG Ratio 1.2
Price to Book value 1.14
Price to Sales 3.27
Price to Cash Flow 6.47
Stock Dividends
Dividend 0
Forward Dividend 0
Dividend Yield 0%
Dividend Pay Date Invalid DateTime.
Ex-Dividend Date Invalid DateTime.

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