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Bank of America (BAC)

(Delayed Data from NYSE)

$39.99 USD

39.99
58,180,677

+1.36 (3.52%)

Updated May 31, 2024 03:59 PM ET

After-Market: $40.01 +0.02 (0.05%) 7:58 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 Buy24.08%
2Buy17.91%
3Hold9.44%
4Sell5.10%
5Strong Sell2.55%
S&P50011.04%

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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.

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D Value F Growth A Momentum F 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 20% (49 out of 250)

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.

Mark Vickery headshot

CPI Warmer than Expected; Jobless Claims Stay Low

Core CPI year over year of +3.9% is the first sub-4% print since May 2021.

Citigroup's (C) Reserves & Charges of $3.78B to Hurt Q4 Results

Citigroup (C) discloses charges and reserves of $3.78 billion, recorded in the fourth quarter of 2023, before the announcement of its results to enhance transparency.

EnerSys and Arcadium Lithium have been highlighted as Zacks Bull and Bear of the Day

EnerSys and Arcadium Lithium are part of the Zacks Bull and Bear of the Day article.

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How Will Bank ETFs Perform in Light of Q4 Earnings?

Chances of a broad-based earnings beat are low-to-moderate as several stocks are experiencing a negative ESP.

Wall Street Awaits Key Inflation Data

Wall Street Awaits Key Inflation Data

Mark Vickery headshot

Quiet Before the Economic Data Storm

Among big news on deck this week are CPI and PPI data, Weekly Jobless Claims and the start of Q4 earnings season.

High Rates, Loans, IB, Trading to Aid BofA (BAC) Q4 Earnings

Higher rates and modest trading and IB performances are expected to have supported BofA's (BAC) Q4 earnings amid higher provisions and non-interest expenses.

Jefferies (JEF) Stock Dips 2.3% Despite Q4 Earnings Beat

Jefferies' (JEF) fiscal Q4 earnings benefit from lower expenses and strong underwriting business, while a decline in revenues and weak asset management segment's performance are headwinds.

The Zacks Analyst Blog Highlights JPMorgan Chase, Bank of America and Citigroup

JPMorgan Chase, Bank of America and Citigroup are part of the Zacks top Analyst Blog.

BofA (BAC) to Incur $1.6B Charge in Q4 Tied to Libor Transition

BofA (BAC) will incur a net non-cash pre-tax charge of $1.6 billion in Q4. The stoppage of BSBY affects the accounting treatment of transactions that were completed using the index.

Bank of America (BAC) Stock Falls Amid Market Uptick: What Investors Need to Know

Bank of America (BAC) concluded the recent trading session at $34.16, signifying a -0.78% move from its prior day's close.

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A Refresh for Consumer Price Inflation: Global Week Ahead

In the Global Week Ahead, a flurry of macro data should give financial markets a clearer sense of how fast inflation is falling globally.

Wall Street Waits for Key Inflation Data

Wall Street Waits for Key Inflation Data.

Mark Vickery headshot

Trading Week Backloaded with CPI, PPI, Q4 Earnings

We'll see a slow trickle of quarterly earnings reports this week until the spigot opens Friday morning with Q4 results from some of the biggest Wall Street banks.

Is Trending Stock Bank of America Corporation (BAC) a Buy Now?

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.

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Time to Buy Ally or Synchrony Financial Stock for Higher Highs?

Several consumer lending stocks have been bright spots in the financial sector with Ally Financial (ALLY) and Synchrony Financial (SYF) standing out in particular.

Better-Than-Expected Nonfarm Payrolls in December

Better-Than-Expected Nonfarm Payrolls in December.

Mark Vickery headshot

Jobs +216K, Unemployment 3.7%: Better than Expected

If you're looking for data that will allow the Fed to put some slack in interest rates near-term, these numbers are a disappointment.

Analysts Estimate Bank of America (BAC) to Report a Decline in Earnings: What to Look Out for

Bank of America (BAC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Bank of America (BAC) Ascends While Market Falls: Some Facts to Note

Bank of America (BAC) reachead $33.90 at the closing of the latest trading day, reflecting a +0.68% change compared to its last close.

Bank of America (BAC) Flat As Market Gains: What You Should Know

Bank of America (BAC) closed at $33.86 in the latest trading session, marking no change from the prior day.

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Bank of America (BAC) Lags Peers YTD: Will It Turnaround in 2024?

Bank of America (BAC) is likely to benefit from rate cuts in 2024. The company's efforts to expand into new markets will aid growth.

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

Bank of America (BAC) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.

Beacon Roofing Supply and America's Car-Mart have been highlighted as Zacks Bull and Bear of the Day

Beacon Roofing Supply and America's Car-Mart have been highlighted as Zacks Bull and Bear of the Day.

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Is JPMorgan (JPM) Stock Likely to Have Impressive 2024 Too?

JPMorgan (JPM) stock performs impressively in 2023, driven by the acquisition of First Republic Bank and higher interest rates. Will investors be bullish on the stock in 2024 too? Let's find out.