What is Bank Of America Corp. share price today?

Bank Of America Corp. (BAC) share price today is {{live_price}}.

Can Indians buy Bank Of America Corp. shares?

Yes, Indians can invest in the Bank Of America Corp. (BAC) from India. With INDmoney, you can buy Bank Of America Corp. at 0 brokerage. The step-by-step process is as follows: Open your zero cost US Stocks account and zero balance IND linked savings a/c (this can be done in less than 3 minutes) Transfer funds to your US Stocks account using your IND linked savings a/c (It takes 24 hours excluding Saturday and Sunday). With INDmoney, you get the best INR USD exchange rates. Once funds are transferred successfully, you can buy Bank Of America Corp. at zero transaction cost.

How can I buy Bank Of America Corp. shares from India?

It is very easy to buy Bank Of America Corp. from India. With INDmoney, you can open a US stocks account in less than 3 minutes. Transfer funds in 24 hours and buy stocks very easily - that too at 0 brokerage. All this is done at 0 account opening & management fee, 0 brokerages, and at the same time you get the best rupee-US dollar exchange rate.

Can Fractional shares of Bank Of America Corp. be purchased?

Yes, you can buy fractional shares of Bank Of America Corp. with INDmoney app.

What are the documents required to start investing in Bank Of America Corp. stocks?

To start investing in Bank Of America Corp., You will need the following documents: Proof of Identification (PAN, Aadhaar etc) Proof of address (Aadhaar, Voter ID etc) These documents are required as per RBI's guidelines to create your IND linked savings a/c so that you can execute for global fund transfer. The entire process is paperless and can be completed seamlessly.

What are today’s High and Low prices of Bank Of America Corp.

Today’s highest price of Bank Of America Corp. (BAC) is {{1_rba_end}}. Today’s lowest price of Bank Of America Corp. (BAC) is {{1_rba_st}}.

What is today's market capitalisation of Bank Of America Corp.

Today's market capitalisation of Bank Of America Corp. BAC is 356.1B

What is the 52 Week High and Low Range of Bank Of America Corp.

52 Week High {{rba_end}} 52 Week Low {{rba_st}}

How much percentage Bank Of America Corp. is down from its 52 Week High?

Bank Of America Corp. (BAC) share price is {{live_price}}. It is down by {{w52lu}}% from its 52 Week High price of {{rba_end}}.

How much percentage Bank Of America Corp. is up from its 52 Week low?

Bank Of America Corp. (BAC) share price is {{live_price}}. It is up by {{w52hd}}% from its 52 Week Low price of {{rba_st}}.

What are the historical returns of Bank Of America Corp.?

1 Month Returns {{1mr}}% 3 Months Returns {{3mr}}% 1 Year Returns {{1yr}}% 5 Years Returns {{5yr}}%

Who is the Chief Executive Officer (CEO) of Bank Of America Corp.

Mr. Brian Thomas Moynihan is the current Chief Executive Officer (CEO) of Bank Of America Corp..

Home>
US Stocks>
Bank Of America Corp.

Bank Of America Corp. (BAC)

$47

+0.54

(+1.16%)▲

Market is closed - opens 8 PM, 25 Nov 2024

Bank of America Corp is a financial services company that provides consumer and commercial banking services, as well as investment banking and wealth management services.

Performance

$46.36
$47.20
$47.00
1.36%
Downside
Day's Volatility :1.78%
Upside
0.42%
$29.32
$47.05
$47.00
37.61%
Downside
52 Weeks Volatility :37.67%
Upside
0.11%

Returns

Period	Bank Of America Corp.	Sector (Financials)	S&P500
3 Months	18.4%	13.9%	6.8%
6 Months	16.85%	19.6%	12.1%
1 Year	56.8%	42.2%	30.6%
3 Years	0.39%	26.8%	27.0%

Highlights

Market Capitalization	356.1B
Book Value	$35.37
Dividend Share	0.98
Dividend Yield	2.24%
Earnings Per Share (EPS)	2.74
PE Ratio	16.81
PEG Ratio	2.06
Wall Street Target Price	47.459

Profit Margin	24.95%
Operating Margin TTM	30.77%

Return On Assets TTM	0.73%
Return On Equity TTM	8.09%

Revenue TTM	94.6B
Revenue Per Share TTM	11.95
Quarterly Revenue Growth YOY	-0.5%
Gross Profit TTM	92.4B
Diluted Eps TTM	2.74
Quarterly Earnings Growth YOY	-0.1

EPS Estimate Current Year	3.2
EPS Estimate Next Year	3.61
EPS Estimate Current Quarter	0.77
EPS Estimate Next Quarter	0.8

Analyst Recommendation

Buy

53%Buy

43%Hold

3%Sell

Based on 30 Wall street analysts offering stock ratings for Bank Of America Corp.(by analysts ranked 0 to 5 stars)

Based on 30 analyst

Current
1M Ago
3M Ago

Buy

Hold

Sell

Analyst Forecast

What analysts predicted

Upside of 0.98%

Current $47.00

Target $47.46

Company Financials

	FY18	Y/Y Change
Revenue	87.7B	↑ 4.79%
Net Income	28.1B	↑ 54.38%
Net Profit Margin	32.08%	↑ 10.31%

	FY19	Y/Y Change
Revenue	85.6B	↓ 2.46%
Net Income	27.4B	↓ 2.55%
Net Profit Margin	32.05%	↓ 0.03%

	FY20	Y/Y Change
Revenue	74.2B	↓ 13.29%
Net Income	17.9B	↓ 34.76%
Net Profit Margin	24.11%	↓ 7.94%

	FY21	Y/Y Change
Revenue	89.1B	↑ 20.09%
Net Income	32.0B	↑ 78.71%
Net Profit Margin	35.88%	↑ 11.77%

	FY22	Y/Y Change
Revenue	95.0B	↑ 6.55%
Net Income	27.5B	↓ 13.92%
Net Profit Margin	28.99%	↓ 6.89%

	FY23	Y/Y Change
Revenue	98.6B	↑ 3.82%
Net Income	26.5B	↓ 3.68%
Net Profit Margin	26.9%	↓ 2.09%

	Q2 FY23	Q/Q Change
Revenue	25.2B	↓ 0.51%
Net Income	7.4B	↓ 9.23%
Net Profit Margin	29.4%	↓ 2.82%

	Q3 FY23	Q/Q Change
Revenue	25.2B	↓ 0.12%
Net Income	7.8B	↑ 5.32%
Net Profit Margin	31.0%	↑ 1.6%

	Q4 FY23	Q/Q Change
Revenue	20.9B	↓ 17.13%
Net Income	3.1B	↓ 59.7%
Net Profit Margin	15.08%	↓ 15.92%

	Q1 FY24	Q/Q Change
Revenue	25.8B	↑ 23.8%
Net Income	6.7B	↑ 112.28%
Net Profit Margin	25.85%	↑ 10.77%

	Q2 FY24	Q/Q Change
Revenue	25.4B	↓ 1.71%
Net Income	6.9B	↑ 3.34%
Net Profit Margin	27.18%	↑ 1.33%

	Q3 FY24	Q/Q Change
Revenue	25.3B	↓ 0.13%
Net Income	6.9B	↓ 0.01%
Net Profit Margin	27.21%	↑ 0.03%

	FY18	Y/Y Change
Total Assets	2.4T	↑ 3.21%
Total Liabilities	2.1T	↑ 3.73%

	FY19	Y/Y Change
Total Assets	2.4T	↑ 3.38%
Total Liabilities	2.2T	↑ 3.83%

	FY20	Y/Y Change
Total Assets	2.8T	↑ 15.84%
Total Liabilities	2.5T	↑ 17.4%

	FY21	Y/Y Change
Total Assets	3.2T	↑ 12.42%
Total Liabilities	2.9T	↑ 13.87%

	FY22	Y/Y Change
Total Assets	3.1T	↓ 3.76%
Total Liabilities	2.8T	↓ 4.22%

	FY23	Y/Y Change
Total Assets	3.2T	↑ 4.24%
Total Liabilities	2.9T	↑ 4.0%

	Q2 FY23	Q/Q Change
Total Assets	3.1T	↓ 2.25%
Total Liabilities	2.8T	↓ 2.58%

	Q3 FY23	Q/Q Change
Total Assets	3.2T	↑ 0.98%
Total Liabilities	2.9T	↑ 0.94%

	Q4 FY23	Q/Q Change
Total Assets	3.2T	↑ 0.86%
Total Liabilities	2.9T	↑ 0.78%

	Q1 FY24	Q/Q Change
Total Assets	3.3T	↑ 2.94%
Total Liabilities	3.0T	↑ 3.18%

	Q2 FY24	Q/Q Change
Total Assets	3.3T	↓ 0.48%
Total Liabilities	3.0T	↓ 0.54%

	Q3 FY24	Q/Q Change
Total Assets	3.3T	↑ 2.03%
Total Liabilities	3.0T	↑ 2.15%

	FY18	Y/Y Change
Operating Cash Flow	39.5B	↑ 279.89%
Investing Cash Flow	-71.5B	↑ 37.42%
Financing Cash Flow	53.1B	↑ 7.97%

	FY19	Y/Y Change
Operating Cash Flow	61.8B	↑ 56.32%
Investing Cash Flow	-80.6B	↑ 12.82%
Financing Cash Flow	3.4B	↓ 93.64%

	FY20	Y/Y Change
Operating Cash Flow	38.0B	↓ 38.5%
Investing Cash Flow	-177.7B	↑ 120.35%
Financing Cash Flow	355.8B	↑ 10436.54%

	FY21	Y/Y Change
Operating Cash Flow	-7.2B	↓ 118.93%
Investing Cash Flow	-313.3B	↑ 76.34%
Financing Cash Flow	291.7B	↓ 18.03%

	FY22	Y/Y Change
Operating Cash Flow	-6.3B	↓ 12.04%
Investing Cash Flow	-2.5B	↓ 99.19%
Financing Cash Flow	-106.0B	↓ 136.36%

	Q2 FY23	Q/Q Change
Operating Cash Flow	11.8B	↓ 204.3%
Investing Cash Flow	88.7B	↑ 187.65%
Financing Cash Flow	-71.7B	↓ 156.85%

	Q3 FY23	Q/Q Change
Operating Cash Flow	11.8B	↓ 0.12%
Investing Cash Flow	28.8B	↓ 67.55%
Financing Cash Flow	27.6B	↓ 138.54%

Technicals Summary

Sell

Neutral

Buy

Bank Of America Corp. is currently in a favorable trading position ( BUY ) according to technical analysis indicators.

Peers

Company Name	1 Month	6 Month	1 Year	3 Years	5 Years
Bank Of America Corp.	9.83%	16.85%	56.8%	0.39%	40.02%
Walmart Inc.	7.77%	35.46%	71.44%	83.15%	122.16%

Company Name	P/E Ratio	P/B Ratio	PEG Ratio	EPS	ROE	ROA	Div Yield	BVPS
Bank Of America Corp.	16.81	16.81	2.06	3.2	0.08	0.01	0.02	35.37
Walmart Inc.	36.02	36.02	3.1	6.48	0.19	0.07	0.01	10.41

Company Name	Analyst View	Market Cap	5 Years Return %	PE Ratio	Profit Margin
Bank Of America Corp.	Buy	$356.1B	40.02%	16.81	24.95%
Walmart Inc.	Buy	$700.8B	122.16%	36.02	2.34%

Insights on Bank Of America Corp.

Decreasing Revenue
Revenue is down for the last 3 quarters, 25.81B → 25.34B (in $), with an average decrease of 0.9% per quarter
Decreasing Net Profit
Netprofit is down for the last 2 quarters, 6.89B → 6.89B (in $), with an average decrease of 0.0% per quarter
Vs WMT
In the last 1 year, Walmart Inc. has given 71.4% return, outperforming this stock by 14.6%
Vs WMT
In the last 3 years, Walmart Inc. has given 83.2% return, outperforming this stock by 82.8%

Institutional Holdings

Berkshire Hathaway Inc
13.46%
Vanguard Group Inc
8.60%
BlackRock Inc
6.17%
State Street Corp
3.75%
Morgan Stanley - Brokerage Accounts
2.85%
FMR Inc
2.48%

Corporate Announcements

Bank Of America Corp. Dividends March,2024
In the quarter ending March,2024. Bank Of America Corp. has declared dividend of $0.24
Read More

Company Information

Bank of America is a multinational financial services and investment bank headquartered in Charlotte, North Carolina. Bank of America is only after JP Morgan Chase in being the 2nd largest banking institution in the USA and 8th largest globally. Now Bank of America is the result of the merger of NationsBank and then BankAmerica in 1998. Bank of America lent D.E. Shaw & Co. hedge funds to run various businesses for the bank. However, after D.E. Shaw suffered significant losses in 1998 due to Russian Bond Default, October 1998 witnessed the most significant bank acquisition when NationsBank acquired BankAmerica. The commercial banking operations of the bank are spread across all 50 states of the USA and across 40 countries. Its commercial banking service portfolio encapsulates more than 46 million consumers and small business relationships. The Bank of America found its place on spot #25 of the Fortune 500 of the largest US corporations in terms of total revenue. Apart from this, Euromoney Institutional Investor named Bank of America as the ‘World’s Best Bank’ in their 2018 Awards for Excellence. The critical areas of operation of Bank of America are: Consumer Banking: These are primarily the banking services to retail customers, including small businesses and consumers. Global Banking: This includes Global Corporate Banking, Business Banking, Global Commercial Banking, and Global Investment Banking. Merrill Lynch operates the investment banking division Bank of America acquired after the deal closed in January 2009. Global Wealth and Investment Management: Bank of America is among the ten largest wealth managers in the USA. It includes businesses of US Trust and Merrill Lynch Global Wealth Management. Global Markets: This division offers services to clients trading in financial securities and Institutional Clients. Currently Bank Of America Corp. has a market cap of $311.7 Billion. It has a P.E ratio of 13.65. The shares of Bank Of America Corp. are trading at $46.46. .

Organization	Bank Of America Corp.
Employees	213000
CEO	Mr. Brian Thomas Moynihan
Industry	Finance

Bank Of America Corp. (BAC)

Performance

Returns

Highlights

Analyst Recommendation

Analyst Forecast

Company Financials

Technicals Summary

Peers

Decreasing Revenue

Decreasing Net Profit

Vs WMT

Vs WMT

Institutional Holdings

Corporate Announcements

Bank Of America Corp. Dividends March,2024

Company Information

Discover More

FAQs