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Bank of America (BAC)

(Real Time Quote from BATS)

$36.89 USD

36.89
7,248,315

-0.06 (-0.16%)

Updated May 2, 2024 11:16 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 Buy24.20%
2Buy18.04%
3Hold9.52%
4Sell5.20%
5Strong Sell2.60%
S&P50011.13%

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

Top 18% (44 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.

Sheraz Mian headshot

Breaking Down Early Q4 Earnings Results

by Sheraz Mian

We are off to a good enough start in the Q4 earnings season, though it may be hard to reach that conclusion from the seemingly 'noisy' big bank results.

Ethan Feller headshot

The Biggest Banks Reported Earnings Today: This One is the Clear Leader

by Ethan Feller

Big bank earnings were mixed amid rising interest rates last year, but this one stood above the others

Earnings Data Deluge

by Zacks Equity Research

Earnings Data Deluge.

Mark Vickery headshot

PPI Moves Lower, Along with Big Banks on Q4 Earnings

by Mark Vickery

Many of today's PPI metrics clearly point to low-growth elements within the wholesale market.

BofA's (BAC) Q4 Earnings Beat, Weakness in NII & IB Hurts

by Zacks Equity Research

Improving trading numbers and marginal loan growth support BofA's (BAC) Q4 earnings, while higher funding costs, weakness in IB and rise in expenses and provisions act as headwinds.

Bank of America (BAC) Reports Q4 Earnings: What Key Metrics Have to Say

by Zacks Equity Research

The headline numbers for Bank of America (BAC) give insight into how the company performed in the quarter ended December 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Bank of America (BAC) Surpasses Q4 Earnings Estimates

by Zacks Equity Research

Bank of America (BAC) delivered earnings and revenue surprises of 1.45% and 8.79%, respectively, for the quarter ended December 2023. Do the numbers hold clues to what lies ahead for the stock?

Mark Vickery headshot

Q4 Earnings from Wall Street On Deck: JPMorgan, Citi, BofA and Wells Fargo

by Mark Vickery

We turn our attention to Q4 earnings season, which picks up steam Friday morning before the opening bell.

December CPI Hotter-Than-Expected

by Zacks Equity Research

December CPI Hotter-Than-Expected

Mark Vickery headshot

CPI Warmer than Expected; Jobless Claims Stay Low

by Mark Vickery

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

by Zacks Equity Research

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

by Zacks Equity Research

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

Sanghamitra Saha headshot

How Will Bank ETFs Perform in Light of Q4 Earnings?

by Sanghamitra Saha

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

by Zacks Equity Research

Wall Street Awaits Key Inflation Data

Mark Vickery headshot

Quiet Before the Economic Data Storm

by Mark Vickery

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

by Zacks Equity Research

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

by Zacks Equity Research

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

by Zacks Equity Research

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

by Zacks Equity Research

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

by Zacks Equity Research

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

John Blank headshot

A Refresh for Consumer Price Inflation: Global Week Ahead

by John Blank

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

by Zacks Equity Research

Wall Street Waits for Key Inflation Data.

Mark Vickery headshot

Trading Week Backloaded with CPI, PPI, Q4 Earnings

by Mark Vickery

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?

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.

Shaun Pruitt headshot

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

by Shaun Pruitt

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