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Bank of America (BAC)

(Real Time Quote from BATS)

$40.34 USD

40.34
19,374,801

-0.53 (-1.30%)

Updated Sep 20, 2024 01:28 PM ET

Zacks Rank:

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
1Strong Buy23.68%
2Buy17.55%
3Hold9.21%
4Sell4.93%
5Strong Sell2.36%
S&P50010.96%

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3-Hold of 5     3    

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

Zacks Style Scores Education - Learn more about the Zacks Style Scores

C Value C Growth C Momentum C VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

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Zacks Industry Rank Education -- Learn more about the Zacks Industry Rank

Top 27% (68 out of 251)

Industry: Banks - Major Regional

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Zacks News

Headquartered in Charlotte, NC, Bank of America Corporation (incorporated in 1874) is one of the largest financial holding companies in the United States. With total assets worth $2.74 trillion as of Jun 30, 2020, it provides a diverse range of banking and non-banking financial services and products.

FITB Stock Hits 52-Week High on Fed Rate Cut: Is It Worth Retaining?

by Zacks Equity Research

The Fed's recent rate cut and Fifth Third's strategic expansion efforts are likely to have driven the stock to its 52-week high. Rising costs remain a concern.

Swayta Shah headshot

Fed Cuts Interest Rates by 50Bps: What This Means for Bank Stocks

by Swayta Shah

As the Fed cut the interest rates, banks, including BAC, C, CMA and JPM, are expected to witness a gradual turnaround in their financial performance next year.

Sheraz Mian headshot

The Q3 Earnings Season Gets Underway

by Sheraz Mian

We still have a few weeks to go before the big banks unveil their quarterly results, but several early prints have already rolled in. What can investors expect as we get deeper into the period?

Sheraz Mian headshot

The Q3 Earnings Season Gets Underway

by Sheraz Mian

We still have a few weeks to go before the big banks unveil their quarterly results, but several early prints have already rolled in. What can investors expect as we get deeper into the period?

Why the Market Dipped But Bank of America (BAC) Gained Today

by Zacks Equity Research

Bank of America (BAC) closed at $39.62 in the latest trading session, marking a +0.18% move from the prior day.

Investors Heavily Search Bank of America Corporation (BAC): Here is What You Need to Know

by Zacks Equity Research

Zacks.com users have recently been watching Bank of America (BAC) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.

Citigroup Stock Dips 5.9% in a Month: Should You Make a Bet Now?

by Zacks Equity Research

C's near-term challenges led to a decline in share price. However, its long-term prospects remain bright.

The Zacks Analyst Blog Bank of America, Advanced Micro Devices, Linde, Comstock and Kingsway

by Zacks Equity Research

Bank of America, Advanced Micro Devices, Linde, Comstock and Kingsway are included in this Analyst Blog.

Bank of America (BAC) Beats Stock Market Upswing: What Investors Need to Know

by Zacks Equity Research

In the closing of the recent trading day, Bank of America (BAC) stood at $39.10, denoting a +1.16% change from the preceding trading day.

Mark Vickery headshot

Top Analyst Reports for Bank of America, AMD & Linde

by Mark Vickery

Today's Research Daily features new research reports on 16 major stocks, including Bank of America Corporation (BAC), Advanced Micro Devices, Inc. (AMD) and Linde plc (LIN), as well as two micro-cap stocks Comstock Holding Companies, Inc. (CHCI) and Kingsway Financial Services Inc. (KFS).

Zacks Earnings Trends Highlights: JPMorgan, Bank of America and Wells Fargo

by Zacks Equity Research

JPMorgan, Bank of America and Wells Fargo have been highlighted in this Earnings Trends article.

The Zacks Analyst Blog Highlights JPMorgan, Citigroup, Bank of America, Wells Fargo and Fifth Third Bancorp

by Zacks Equity Research

JPMorgan, Citigroup, Bank of America, Wells Fargo and Fifth Third Bancorp are included in this Analyst Blog.

Sheraz Mian headshot

What Will the Q3 Earnings Season Show?

by Sheraz Mian

Total S&P 500 earnings for Q3 are currently expected to be up +3.9% from the same period last year on +4.6% higher revenues, with the Tech sector again expected to deliver a strong performance. But what else should investors know?

Sheraz Mian headshot

What Will the Q3 Earnings Season Show?

by Sheraz Mian

Total S&P 500 earnings for Q3 are currently expected to be up +3.9% from the same period last year on +4.6% higher revenues, with the Tech sector again expected to deliver a strong performance. But what else should investors know?

Riya Anand headshot

Fed Unveils a Scaled-Back Capital Requirements Plan for Big Banks

by Riya Anand

The Fed unveils plans that will tone down proposed capital requirements for big banks like JPM, C, WFC, and BAC.

Swayta Shah headshot

Is JPM Stock Still a Buy After Offering a Weak 2025 NII Outlook?

by Swayta Shah

JPM projects lower NII for 2025 because of interest rate cuts. Let's analyze whether the stock is worth investing in despite NII concerns.

Zacks Investment Ideas feature highlights: DraftKings, Flutter Entertainment, MGM Resorts and Bank of America

by Zacks Equity Research

DraftKings, Flutter Entertainment, MGM Resorts and Bank of America have been highlighted in this Investment Ideas article.

Andrew Rocco headshot

NFL Kicks Off: Time to Bet on DraftKings?

by Andrew Rocco

DraftKings is a leading internet-based sports betting and fantasy platform that should benefit from sports betting legalization, rapid revenue growth, and new features such as live betting.

Bank of America (BAC) Beats Stock Market Upswing: What Investors Need to Know

by Zacks Equity Research

Bank of America (BAC) closed at $39.47 in the latest trading session, marking a +1.83% move from the prior day.

Swayta Shah headshot

FDIC-Insured Banks' Q2 Earnings Rise, Asset Quality Concerns Linger

by Swayta Shah

The FDIC-Insured banks' (like JPM, BAC, C & WFC) Q2 earnings gain from higher non-interest income, while poor credit quality poses a headwind.

Here is What to Know Beyond Why Bank of America Corporation (BAC) is a Trending Stock

by Zacks Equity Research

Bank of America (BAC) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.

Swayta Shah headshot

Buffett Keeps Trimming His Stake in BAC Stock: Should You Follow?

by Swayta Shah

Warren Buffett is slashing his stake in Bank of America stock. Let's analyze what should be investors' take on this.

Bank of America (BAC) Stock Moves -0.12%: What You Should Know

by Zacks Equity Research

In the closing of the recent trading day, Bank of America (BAC) stood at $40.70, denoting a -0.12% change from the preceding trading day.

Riya Anand headshot

Wells Fargo Stock Rises 21.2% YTD: Should You Keep it on Your Radar?

by Riya Anand

WFC's diversified revenue stream and capital adequacy seem favorable. However, existing asset cap and legal scrutiny are a concern.

Is Bank of America (BAC) a Buy as Wall Street Analysts Look Optimistic?

by Zacks Equity Research

Based on the average brokerage recommendation (ABR), Bank of America (BAC) should be added to one's portfolio. Wall Street analysts' overly optimistic recommendations cast doubt on the effectiveness of this highly sought-after metric. So, is the stock worth buying?