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Bank of America (BAC)

(Real Time Quote from BATS)

$36.78 USD

36.78
9,823,175

+1.01 (2.82%)

Updated Apr 19, 2024 10:35 AM 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 Buy24.15%
2Buy18.00%
3Hold9.44%
4Sell5.10%
5Strong Sell2.53%
S&P50011.08%

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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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C Value D Growth A 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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Top 16% (40 out of 250)

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.

Sanghamitra Saha headshot

Bank ETFs in Focus on Mixed Q1 Earnings

by Sanghamitra Saha

While most big banks beat on both lines in the first-quarter earnings season, higher rates may weigh on the financial ETFs over the medium term.

Building Permits Come in Lower Than Expected

by Zacks Equity Research

Building Permits Come in Lower Than Expected.

Mark Vickery headshot

Housing Numbers Shrink as Q1 Earnings Heat Up: BAC, JNJ, UNH

by Mark Vickery

Both Housing Starts and Building Permits missed expectations, while BofA, J&J and UnitedHealth all beat on earnings.

Bank of America (BAC) Reports Q1 Earnings: What Key Metrics Have to Say

by Zacks Equity Research

Although the revenue and EPS for Bank of America (BAC) give a sense of how its business performed in the quarter ended March 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

BofA (BAC) Q1 Earnings Beat on Strength in IB and Trading

by Zacks Equity Research

BofA (BAC) records a decline in revenues and higher expenses in the first quarter of 2024.

Bank of America (BAC) Beats Q1 Earnings and Revenue Estimates

by Zacks Equity Research

Bank of America (BAC) delivered earnings and revenue surprises of 7.79% and 2.14%, respectively, for the quarter ended March 2024. Do the numbers hold clues to what lies ahead for the stock?

Is a Surprise Coming for Bank of America (BAC) This Earnings Season?

by Zacks Equity Research

Bank of America (BAC) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

Nalak Das headshot

5 U.S. Bigwigs Likely to Gain on Q1 Earnings Beat This Week

by Nalak Das

We have narrowed our search to five large-cap stocks that are poised to beat on earnings results this week. These are: BAC, JNJ, UAL, PNC, BK.

Bank of America (BAC) Declines More Than Market: Some Information for Investors

by Zacks Equity Research

The latest trading day saw Bank of America (BAC) settling at $35.79, representing a -1.54% change from its previous close.

State Street (STT) Gains on Q1 Earnings Beat, Y/Y Revenue Rise

by Zacks Equity Research

State Street (STT) records increased revenues and expenses in the first quarter of 2024.

Citigroup (C) Q1 Earnings and Revenues Beat Estimates

by Zacks Equity Research

Citigroup (C) delivered earnings and revenue surprises of 39.82% and 3.98%, respectively, for the quarter ended March 2024. Do the numbers hold clues to what lies ahead for the stock?

JPMorgan's (JPM) Q1 Earnings Top on High Rates, Loans & IB

by Zacks Equity Research

High rates, robust loan balance, the FRC deal, an increase in mortgage banking income and solid IB business aid JPMorgan's (JPM) Q1 earnings. High credit costs and weakness in the trading business are headwinds.

Earnings Preview: KeyCorp (KEY) Q1 Earnings Expected to Decline

by Zacks Equity Research

KeyCorp (KEY) 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.

Unlocking Q1 Potential of Bank of America (BAC): Exploring Wall Street Estimates for Key Metrics

by Zacks Equity Research

Evaluate the expected performance of Bank of America (BAC) for the quarter ended March 2024, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.

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

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.

Will Bank of America (BAC) Beat Estimates Again in Its Next Earnings Report?

by Zacks Equity Research

Bank of America (BAC) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

Want Better Returns? Don?t Ignore These 2 Finance Stocks Set to Beat Earnings

by Zacks Equity Research

Investors looking for ways to find stocks that are set to beat quarterly earnings estimates should check out the Zacks Earnings ESP.

High Rates, Loans, IB to Support BofA's (BAC) Q1 Earnings

by Zacks Equity Research

Higher rates, decent loan demand and modest improvement in IB business are likely to have aided BofA's (BAC) Q1 earnings amid high funding costs, weakness in trading business and high provisions.

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

by Zacks Equity Research

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.

Zacks Value Trader Highlights: International Business Machines, Bank of America, Amazon.com, Chevron and Apple

by Zacks Equity Research

International Business Machines, Bank of America, Amazon.com, Chevron and Apple are part of the Zacks Value Trader Blog.

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

by Zacks Equity Research

In the closing of the recent trading day, Bank of America (BAC) stood at $37.50, denoting a +1.05% change from the preceding trading day.

Banks Compete for FX Hedging Business of Australia Pensions

by Zacks Equity Research

Bank of America (BAC), Goldman Sachs (GS) and Citigroup Inc. (C) are competing to win Australian pension funds' overseas investment hedging business.

Tracey Ryniec headshot

3 Biggest Value Investing Mistakes

by Tracey Ryniec

Even Warren Buffett has made these mistakes. Here's how to get back on track.

Sanghamitra Saha headshot

Should You Buy Bank ETFs Before Earnings Releases?

by Sanghamitra Saha

It's time for full-fledged releases of quarterly earnings. Big banks will start reporting from next week.

BofA (BAC) Might Face Suit for Failing to Refund Overdraft Fees

by Zacks Equity Research

Bank of America (BAC) likely to face a lawsuit for not refunding overdraft fees to customers who faced financial hardship during the pandemic, as promised.