Previous close | 650.00 |
Open | 655.30 |
Bid | 640.57 x 1500000 |
Ask | 645.00 x 1500000 |
Day's range | 643.00 - 655.30 |
52-week range | 451.63 - 661.00 |
Volume | |
Avg. volume | 5,320 |
Market cap | 5.044T |
Beta (5Y monthly) | 1.38 |
PE ratio (TTM) | 13.35 |
EPS (TTM) | N/A |
Earnings date | N/A |
Forward dividend & yield | 16.42 (2.55%) |
Ex-dividend date | 07 Jun 2024 |
1y target est | N/A |
(Bloomberg) -- Bank of America Corp. is looking to build out its equity capital markets franchise in Europe, and even as it works on some of the region’s largest initial public offerings this year, no deal is too small. Most Read from BloombergHims Debuts $199 Weight-Loss Shots at 85% Discount to WegovyIran State TV Says ‘No Sign of Life’ at Helicopter Crash SiteJamie Dimon Says Succession at JPMorgan Is ‘Well on the Way’One of the Last Big Bears on Wall Street Turns Bullish on US StocksFlorida’
The commercial real estate (CRE) sector, which has been roiled by higher borrowing costs and lower occupancy, has become a key cause of concern for investors and has drawn tough regulatory scrutiny for regional lenders. Parent company WaFd, in a regulatory filing, disclosed the portfolio of 2,000 commercial multi-family real estate loans had an aggregate unpaid principal balance of $3.2 billion. After the deal is closed, WaFd said BofA is planning to enter into a structured transaction or loan sale with one or more funds of Pacific Investment Management.
Bank of America (BAC) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.