Back to top
more

Bank of America (BAC)

(Delayed Data from NYSE)

$40.27 USD

40.27
64,713,614

-0.60 (-1.47%)

Updated Sep 20, 2024 04:00 PM ET

After-Market: $40.33 +0.06 (0.15%) 4:50 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%

Zacks Rank Education - Learn about the Zacks Rank

Zacks Rank Home - Zacks Rank resources in one place

Zacks Premium - The only way to fully access the Zacks Rank

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%.

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

Top 27% (68 out of 251)

Industry: Banks - Major Regional

Better trading starts here.

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.

Riya Anand headshot

JPMorgan & Others Face Probe Over Interest in Cash Sweep Accounts

JPM, MS, WFC, RJF, BAC and others are under legal scrutiny for transferring clients' idle funds into sweep accounts with near-zero interest rates.

Riya Anand headshot

Citigroup Stock Soars 56.1% in a Year: Is It the Right Time to Buy?

C's business-transformation initiatives are expected to boost its performance, while ongoing regulatory issues are a concern. What should investors do?

Tirthankar Chakraborty headshot

2 AI Stocks That Can Be the Next NVIDIA

AI giants Super Micro and TSMC stock have a competitive advantage over the NVDA stock and are next in line to be the world's most valuable companies.

Bank of America (BAC) Stock Drops Despite Market Gains: Important Facts to Note

In the most recent trading session, Bank of America (BAC) closed at $39.67, indicating a -0.63% shift from the previous trading day.

Arghyadeep Bose headshot

SoFi Technologies (SOFI) Gains 9% in 3 Months: Is It Worth Buying?

SoFi Technologies' (SOFI) significant member growth, rising EBITDA, notable lending performance and strong valuation make it ideal for your portfolio.

Tanuka De headshot

Berkshire (BRK.B) Trims BAC Stake: What Should Investors Know?

Investors who already hold Berkshire (BRK.B) shares should retain the same as it renders dynamism to the portfolio and others can wait for a better entry point.

Swayta Shah headshot

JPMorgan (JPM) Stock Hits 2-Year High: Wait for the Dip or Buy Now?

JPMorgan (JPM) stock briefly touches its two-year high. Should you consider buying the stock now or wait for the dip? Let's try to figure that out.

Stock Market News for Aug 23, 2024

U.S. stock markets closed lower on Thursday after a choppy session.

Bank of America (BAC) Gains But Lags Market: What You Should Know

In the closing of the recent trading day, Bank of America (BAC) stood at $38.75, denoting a +0.16% change from the preceding trading day.

Bank of America Corporation (BAC) is Attracting Investor Attention: Here is What You Should Know

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.

The Zacks Analyst Blog Highlights NVIDIA, Super Micro Computer, Dell, Bank of America and Advanced Micro Devices

NVIDIA, Super Micro Computer, Dell, Bank of America and Advanced Micro Devices are included in this Analyst Blog.

Tirthankar Chakraborty headshot

The Better AI Stock to Buy Now: NVDA or SMCI

More growth potential and a lower valuation give AI server solution provider Super Micro (SMCI) an edge over AI chipmaker NVIDIA (NVDA).

Riya Anand headshot

Wells Fargo (WFC) Down 7.5% in 3 Months: To Buy or Stay Clear?

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

Swayta Shah headshot

Buffett Continues to Trim BAC Stake: Should You Sell the Stock?

Here, we are assessing whether to follow Warren Buffett and unload Bank of America (BAC) stock or pile it up at the current level to generate solid returns over time.

The Zacks Analyst Blog Highlights Broadcom, Bank of America, Netflix, BK Technologies and Optex Systems

Broadcom, Bank of America, Netflix, BK Technologies and Optex Systems are included in this Analyst Blog.

Derek Lewis headshot

Buybacks: 3 Companies Aggressively Buying Shares

Companies commonly deploy repurchase programs to boost shareholder value, all of which we've recently seen from Builders FirstSource, Unum Group, and Bank of America.

Andrew Rocco headshot

Is it Time to Buy Chinese Stocks?

A housing crisis and slow post-pandemic recovery have weighed on Chinese equities. Yet smart money investors like David Tepper are buying Chinese stocks. Should you?

Sheraz Mian headshot

Top Stock Reports for Broadcom, Bank of America & Netflix

Today's Research Daily features new research reports on 16 major stocks, including Broadcom Inc. (AVGO), Bank of America Corporation (BAC) and Netflix, Inc. (NFLX), as well as two micro-cap stocks BK Technologies Corporation (BKTI) and Optex Systems Holdings, Inc (OPXS).

Tracey Ryniec headshot

Lessons from Buffett's 2024 Stock Sales

Berkshire has sold big chunks of Apple and Bank of America. What does it tell value investors?

Nikita Kataruka headshot

JPMorgan, BofA & Others Face CFPB's Probe Over Zelle Fraud

The CFPB probes major banks like JPMorgan (JPM), BofA (BAC) and Well Fargo (WFC) over their handling of customer funds on the peer-to-peer payments platform Zelle.

Bank of America Corporation (BAC) Is a Trending Stock: Facts to Know Before Betting on It

Recently, Zacks.com users have been paying close attention to Bank of America (BAC). This makes it worthwhile to examine what the stock has in store.

Northern Trust (NTRS) Rides on Organic Growth Amid High Costs

Increasing non-interest income, NII and growth in loan balances are likely to aid Northern Trust's (NTRS) revenues. However, high costs and the current volatility of markets remain a concern.

Should You Invest in the iShares U.S. Financials ETF (IYF)?

Sector ETF report for IYF

Aniruddha Ganguly headshot

Buffett Cuts Apple Stake: What Should You Do With AAPL Stock?

Apple's (AAPL) AI push, growing Services business and strong liquidity position make the shares attractive for investors despite Warren Buffett reducing his stake by 50%.

Is Invesco Large Cap Value ETF (PWV) a Strong ETF Right Now?

Smart Beta ETF report for PWV