Bank of America Corporation (BAC-PM)
| Previous close | 21.89 |
| Open | 21.74 |
| Bid | 21.74 x 1100 |
| Ask | 21.76 x 1100 |
| Day's range | 21.70 - 21.80 |
| 52-week range | 21.55 - 27.34 |
| Volume | |
| Avg. volume | 114,902 |
| Market cap | N/A |
| Beta (5Y monthly) | 1.36 |
| PE ratio (TTM) | 6.19 |
| EPS (TTM) | 3.51 |
| Earnings date | N/A |
| Forward dividend & yield | 1.34 (6.10%) |
| Ex-dividend date | 31 Aug 2022 |
| 1y target est | N/A |
- Bloomberg
BofA Settles Ambac Subprime Mortgage Case for $1.8 Billion
(Bloomberg) -- Bank of America Corp. agreed to pay $1.84 billion to settle claims by bond insurer Ambac Financial Group regarding residential mortgage-backed securities, clearing away the bank’s last major legal hangover stemming from the 2008 financial crisis.Most Read from BloombergBiden Says Putin Threats Real, Could Spark Nuclear ‘Armageddon’Kremlin Lets State Media Tell Some Truths About Putin’s Stalling WarMusk's Twitter Takeover Hits Snag Over Debt-Financing IssueNord Stream Leaks Caused
- PR Newswire
Bank of America Corp - Notification of Filing of Documents
Company Bank of America Corporation
- Reuters
Bank of America to pay Ambac $1.84 billion to settle crisis-era mortgage case
(Reuters) -Bank of America agreed to pay bond insurer Ambac Financial Group $1.84 billion, the bank said in a filing Friday, bringing to a close the last of the lender's major lawsuits stemming from the 2008 mortgage crash. The settlement concludes the Charlotte, North Carolina-based lender's protracted legal battle over its ill-fated purchase of Countrywide, which was once the largest U.S. mortgage lender, during the financial crisis. "Ambac is very pleased to have reached this settlement with Bank of America," Claude LeBlanc, Ambac's chief executive officer, said in a statement.
