Bank Of America Corporation: (NYSE: BAC)

$13.34

0.36 (2.77%)

Volume 153,208,365

May 14 04:00 PM ET

Zacks Rank: 3-Hold

Zacks Rank	Definition	Annualized Return
#1	Strong Buy	26.27%
#2	Buy	18.43%
#3	Hold	9.86%
#4	Sell	4.09%
#5	Strong Sell	1.87%
S&P	500	9.59%

Overview Quote

            Stock Activity
        
		Day Low - High
		13.02 - 13.36
	
		52wk Low - High
		6.72 - 13.36
	
		Previous Close
		12.98
	
		Avg. Volume
		137,648,000
	
		Industry
		BANKS-MAJOR REGIONAL
	
		Market Cap
		140.45 B
	
		Div - Yield
		0.04 - 0.31
	
		Beta
		2.41
	
		PE (Forward)
		14.16
	
		Current Year Est.
		0.92
	
		Quarterly Earnings ESP 
		0.00%
	
Earnings ESP (Expected Surprise Prediction) is Zacks' proprietary methodology for determining which stocks have the best chance to surprise with their next earnings announcement. The Earnings ESP shows the percentage difference between the Most Accurate Estimate and the Consensus.

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		Zacks Rank  Short-Term: 1-3 Months
                                                                
                                                                Zacks #1 Rank Strong Buys
                                                                
                                                            This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below. 

                                                                        Zacks Rank
                                                                        Definition
                                                                        Annualized Return
                                                                    
                                                                        #1
                                                                        Strong Buy
                                                                        26.27%
                                                                    
                                                                        #2
                                                                        Buy
                                                                        18.43%
                                                                    
                                                                        #3
                                                                        Hold
                                                                        9.86%
                                                                    
                                                                        #4
                                                                        Sell
                                                                        4.09%
                                                                    
                                                                        #5
                                                                        Strong Sell
                                                                        1.87%
                                                                    
                                                                        S&P
                                                                        500
                                                                        9.59%
                                                                    
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		3
Hold

		Zacks Recommendation  Long-Term: 6+ Months
                                                                
                                                                All Outperform Rated Stocks
                                                                
                                                            Zacks Recommendations are an excellent predictor of stock price movement over a 6+ month time frame. The recommendations come from the Zacks Equity Research group which combines the Zacks Rank with the insights from their team of over 50 equity analysts. The result is superior long term stock ratings.
The Zacks Recommendations are split into 3 groups: Buy, Hold and Sell. Our Buy recommendations have generated returns of 34.4% in 2006, and 16.69% in 2007. When Zacks Premium members click on the recommendation it will launch them to the Zacks Equity Research report for the stock.    More on these reports below.

                                                                    Difference Between Zacks Rank and Zacks Recommendation

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		Neutral
	
		Zacks Industry Rank Which industries are set to outperform or underperform the market? You'll find the answer here. We have broken down all industries into over 200 classifications. Then ranked these industries using the most powerful indicator we know (the Zacks Rank). The higher the industry rank, the better the industry should perform in the future. Once you have found an attractive industry then check out the Rank in Industry to find the best stocks within the industry.
When Zacks Premium members click on the Zacks Industry Rank link they will see the full listing of industries and their current rankings.

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                                                                Zacks Industry Rank - All current industry ranks. 

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		81 out of 265
	
		Equity Research Report The Zacks Recommendations and Zacks Target Prices are just two of the valuable resources you'll find in the reports created by the Zacks Equity Research group. When Zacks Premium members click on this link they will taken to a page that gives them access to the Zacks Equity Research report for the stock.

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Updated as of 04/18/2013

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                Key Earnings Data
            
                            PE (Forward)
                            14.16
                        
                            PEG Ratio
                            0.89
                        
                            Current Year Est.
                            0.92
                        
                            Current Quarter Estimate
                            0.25
                        
                            Most Accurate Estimate
                            0.25
                        
                            Earnings ESP 
                            0.00%
                        
                            Next Earnings Report Date
                            07-17-2013
                        
                            EPS Last Year
                            0.42
                        
                            Expected Earnings Growth
                            16.00%
                        
Earnings ESP (Expected Surprise Prediction) is Zacks' proprietary methodology for determining which stocks have the best chance to surprise with their next earnings announcement. The Earnings ESP shows the percentage difference between the Most Accurate Estimate and the Consensus.

            Company Description
        
Bank of America Corp. is one of the world's leading financial services companies. Bank of America provides individuals, small businesses and commercial, corporate and institutional clients across the United States and around the world new and better ways to manage their financial lives. The company enables customers to do their banking and investing whenever, wherever and however they choose.   
Full BAC Company Report

        
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            <a href="#"><img id="dart_image_1" src="http://b7d61a7c6b8c307bf531-a92a66b9587e2a0aa805bd4e70b98407.r95.cf2.rackcdn.com/images/zacks/logos/zacks_logo_230x76.png" width="336" height="280" border="0" alt="" /></a>        
Turn Earnings Surprises into quick profits.
 
BAC Chart  by YCharts

Earnings Estimates

	Current Qtr (06/2013)	Next Qtr (09/2013)	Current Year (12/2013)	Next Year (12/2014)
Average Estimate	0.25	0.23	0.92	1.32
Number of Estimates	18	18	20	18
Low Estimate	0.19	0.14	0.75	1.20
High Estimate	0.29	0.28	1.05	NA
Year Ago EPS	0.19	0.00	0.25	0.92
EPS Growth	29.53%	NA	266.60%	43.60%

More BAC Estimates

Average Earnings Estimates for BAC

EPS Growth for BAC

Industry Analysis

Name	Symbol	Previous Close
BANK OF AMER CP	BAC	12.98
FIFTH THIRD BK	FITB	17.70
JPMORGAN CHASE	JPM	49.67
BANK OF NY MELL	BK	28.82
BANKUNITED INC	BKU	25.36
BB&T CORP	BBT	31.74
CITIGROUP INC	C	48.92
COMERICA INC	CMA	38.31
KEYCORP NEW	KEY	10.35
M&T BANK CORP	MTB	103.34

Sector:Finance>> Industry:BANKS-MAJOR REGIONAL

COMPARE TICKER vs. Its Peers

Zacks Commentary

ATHN Purchases Landmark Property

May 14, 2013

Buy or Sell: Bank of America (BAC)

May 14, 2013

The Zacks Analyst Blog Highlights: JPMorgan Chase, Bank of America, Citigroup, Wells Fargo and U.S. Steel

May 14, 2013

FRT Closes Senior Notes Offering

May 13, 2013

Foreclosure Activity Falls Again

May 13, 2013

JPMorgan Sued Over Debt Collection

May 10, 2013

KeyCorp Pens Strategic Deals

May 10, 2013

Q1 Earnings Season Winding Down

May, 10 2013 00:00

More BAC Zacks Commentary

Financials

EPS TTM	0.42
Sales	100,078
Net Income	6,158
Price/Earnings	30.91
Price/Book	0.64
Price/Cash Flow	24.13
Price/Sales	1.46

More BAC Financials

News

1 Bank Stock to Watch Today - TheMotleyFool

May 14, 2013

A Financial Services ETF Buffett Would Love - Benzinga

May 14, 2013

All-Time High: The Dow Surges 123 Points Today - TheMotleyFool

May 14, 2013

Bank Stocks Lead Bulls: Financial Winners - TheStreet.com

May 14, 2013

Bank of America Makes a Move: Up 2.2% - Financial News Network Online - Market Movers

May 14, 2013

Bank of America shifts some projects back to US from India - Mcclatchy-Tribune Information Services -- Unrestricted

May 14, 2013

BofA Merrill Lynch Fund Manager Survey Finds Investors Positioning For China Slowdown and Low Inflation - Businesswire

May 14, 2013

Citigroup Seeks the Wealth of the World - TheMotleyFool

May 14, 2013

See All News Stories on BAC

Broker Recommendations

Current ABR	2.36
ABR (Last Week)	2.36
# of recs in ABR	25
Average Target Price	13.36
Industry Rank by ABR	81 out of 265
Rank in Industry	3 out of 16

More BAC Broker Recommendations

Day Low - High	13.02 - 13.36
52wk Low - High	6.72 - 13.36
Previous Close	12.98
Avg. Volume	137,648,000
Industry	BANKS-MAJOR REGIONAL
Market Cap	140.45 B
Div - Yield	0.04 - 0.31
Beta	2.41
PE (Forward)	14.16
Current Year Est.	0.92
Quarterly Earnings ESP	0.00%

PE (Forward)	14.16
PEG Ratio	0.89
Current Year Est.	0.92
Current Quarter Estimate	0.25
Most Accurate Estimate	0.25
Earnings ESP	0.00%
Next Earnings Report Date	07-17-2013
EPS Last Year	0.42
Expected Earnings Growth	16.00%

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Bank Of America Corporation: (NYSE: BAC)

$13.34

0.36 (2.77%)

Volume 153,208,365

May 14 04:00 PM ET

Stock Activity

Premium research

Zacks Rank Short-Term: 1-3 Months

Zacks Recommendation Long-Term: 6+ Months

Zacks Industry Rank

Equity Research Report

Key Earnings Data

Company Description

Earnings Estimates

Industry Analysis

Sector:Finance>> Industry:BANKS-MAJOR REGIONAL

Zacks Commentary

Financials

News

Broker Recommendations