BAC - Bank of America Corporation
| Previous close | 28.32 |
| Open | 28.59 |
| Bid | 28.00 x 27000 |
| Ask | 28.01 x 3000 |
| Day's range | 27.85 - 28.61 |
| 52-week range | 22.66 - 31.91 |
| Volume | 34,614,478 |
| Avg. volume | 54,238,385 |
| Market cap | 266.895B |
| Beta (3Y monthly) | 1.66 |
| PE ratio (TTM) | 10.43 |
| EPS (TTM) | N/A |
| Earnings date | N/A |
| Forward dividend & yield | 0.60 (2.12%) |
| Ex-dividend date | 2019-06-06 |
| 1y target est | N/A |
- Business Wire•6 days ago
Merrill Edge® Report Finds Nearly 9 in 10 Americans Believe How They Manage Their Money Would Make Their Parents Proud
Bank of America today announced findings from the latest Merrill Edge® Report, which reveals people are feeling simultaneously optimistic and overwhelmed by their finances. Merrill is committed to empowering clients and helping them plan for the future at every age and in every stage of their financial lives through a combination of tools, people and know-how across Merrill Edge Self-Directed, Merrill Guided Investing, and Merrill Lynch Wealth Management.
- Business Wire•7 days ago
Bank of America Declares Preferred Dividends
Bank of America Corporation today announced the Board of Directors has authorized regular cash dividends on the outstanding shares or depositary shares of the following series of p
- Business Wire•8 days ago
Bank of America to Concentrate New York City Presence in Midtown
Bank of America today announced that it is concentrating its New York City presence in midtown Manhattan near its New York City headquarters building at One Bryant Park. Its new development will include the HBO Building at 1100 Avenue of Americas and three floors of space in the Grace Building at 1114 Avenue of Americas. “These investments will create an integrated and innovative workspace and allow for even greater collaboration across our teams,” said Anne Walker, market president for Bank of America in New York City. When renovations are completed, a large portion of the bank’s 13,000 New York City-based employees will occupy these midtown Manhattan locations.
- Business Wire•13 days ago
Bank of America Summer Internship Class Most Diverse on Record
This week, Bank of America welcomed its most diverse class of summer interns to the company. Bank of America has a multi-faceted recruitment process that puts the focus on the candidate experience and recruiting the most diverse slate of talent into its programs. Over the past year, Bank of America has increased its work with Hispanic-Serving Institutions (HSIs) in key locations, including Puerto Rico, and has expanded its recruiting efforts at four Historically Black Colleges/Universities (HBCUs).
- Business Wire•17 days ago
Bank of America Introduces Powerful Solution Combining Merrill Digital Capabilities With Advice and Guidance From a Financial Solutions Advisor
Bank of America today announced the launch of Merrill Guided Investing with an advisor, a new offering that will deliver advice and guidance to clients through a Merrill Financial Solutions Advisor (FSA) and an enhanced digital platform. “This offering completes a powerful continuum of wealth management capabilities virtually unmatched in the industry,” said Aron Levine, head of Consumer Banking and Investments for Bank of America. Merrill delivers a combination of tools, people and the know-how to help clients in all life stages and across the entire wealth spectrum through Merrill Edge Self-Directed, Merrill Guided Investing, and Merrill Lynch Wealth Management.
- Business Wire•21 days ago
Bank of America Announces 2020 Quarterly Financial Reporting Dates
Bank of America today announced the following 2020 reporting dates for quarterly financial results:
- Business Wire•23 days ago
Bank of America’s Erica® Completes More Than 50 Million Client Requests in First Year
Bank of America today announced that its virtual assistant, Erica, is already helping more than 7 million clients stay on top of their finances through the company’s award-winning mobile app. Recent developments include new insights introduced in March and a Balance Watch insight launching next month through which Erica will notify clients when typical spending has the potential to take their balance below $0 in the next seven days.
- Business Wire•last month
Bank of America Raises Minimum Hourly Wage to $17
Last month, Bank of America announced that it would raise its minimum hourly wage to $20 over a two-year period. The hourly rate of pay will continue to increase until it reaches $20 in 2021. This is part of Bank of America’s commitment to being a great place to work and delivering sustainable, responsible growth through competitive benefits and programs that support the diverse needs of its 205,000+ employees. “We have raised our minimum wage because we believe that to best serve our customers and clients, we need the best teams,” said Sheri Bronstein, chief human resources officer at Bank of America.
- Business Wire•2 months ago
26 Graduate Student Teams Compete in First-of-Its-Kind Impact Investing Challenge
Bank of America, together with the Wharton Social Impact Initiative of the University of Pennsylvania and Good Capital Project, today announced the winner of a first-of-its-kind competition in which teams of graduate students from universities across the country were challenged to design investment portfolios for positive social and environmental impact as well as competitive financial returns.
- Business Wire•2 months ago
Small Business Outlook Remains Strong
Entrepreneurs Split on Impact of Tax Reform, Trade Policies Economic Outlook Conforms With Slower Economic Growth
- Business Wire•2 months ago
Bank of America Declares Quarterly Stock Dividends
Bank of America Corporation today announced the Board of Directors declared a regular quarterly cash dividend on Bank of America common stock of $0.15 per share, payable on June 28, 2019 to shareholders of record as of June 7, 2019.
- Business Wire•2 months ago
FRN Variable Rate Fix
LONDON--(BUSINESSWIRE)-- As Agent Bank, please be advised of the following rate determined on: 4/24/2019 Issue ¦ Bank of America Corporation - Series 816 EUR 1,250,000,000 FRN due July 2019 ISIN Number ...
- Business Wire•2 months ago
Bank of America Announces Preliminary Voting Results From 2019 Annual Meeting of Stockholders
Bank of America Corporation today announced preliminary results of matters voted upon during the company’s 2019 annual meeting of stockholders.
- Business Wire•2 months ago
Bank of America Hires 4,700 Individuals From Low- to Moderate-Income Communities
Bank of America today announced it has hired 4,700 individuals from low- and moderate-income communities over the last 18 months, bolstered by the 2018 launch of its Pathways career program. Nearly 30 percent of the company’s Consumer business teammates come from LMI neighborhoods, and the company is on track to exceed its 2018 commitment to hire 10,000 individuals over five years from LMI neighborhoods it serves.
- Business Wire•2 months ago
Financial Independence: The Ultimate Goal and Biggest Hurdle for Today’s Early Adults, Merrill Lynch Study Finds
A new study by Merrill conducted in partnership with Age Wave finds that financial independence defines adulthood today (75 percent) – more so than the traditional milestones of employment (61 percent), homeownership (30 percent) or starting a family (20 percent). The study also found that despite unique financial challenges, today’s women are progressing through early adulthood faster and more successfully than men. The study revealed that one in four early adults with a retirement account have already made an early withdrawal, primarily to pay off credit card or student loan debt.
- Business Wire•2 months ago
Bank of America Reports First-Quarter 2019 Financial Results
Bank of America reported its first-quarter 2019 financial results today. The news release, supplemental filing and investor presentation can be accessed in the following ways:
- Business Wire•2 months ago
Gen Z Got the Memo: Owning a Home Is Worth It
According to Bank of America’s Homebuyer Insights Report, 59 percent of prospective homebuyers between the ages of 18 and 23 want to buy within the next five years, meaning they would own a home before the age of 30. “It’s exciting to see Gen Z wanting to own a home for reasons like building their personal wealth over time,” said D. Steve Boland, head of Consumer Lending at Bank of America. While young prospective buyers identify saving for a down payment and closing costs (66 percent) as the top barrier to buying, they see it as less of a challenge than other generations do (vs. 69 percent of millennials, 72 percent of Gen Xers, and 74 percent of baby boomers).
- Business Wire•2 months ago
Bank of America to Report First-Quarter 2019 Financial Results on April 16
As previously announced, Bank of America will report its first-quarter 2019 financial results on Tuesday, April 16. The results will be released at approximately 6:45 a.m. ET, followed by an investor presentation at 8:30 a.m.
- Business Wire•2 months ago
Bank of America to Raise Minimum Wage to $20 per Hour
Bank of America today announced that it will raise its minimum wage to $20 per hour over a two-year period. The increase will occur in increments. On May 1, 2019, the minimum hourly wage will increase to $17, and will continue to rise until it reaches $20 in 2021. This is part of the company’s commitment to being a great place to work and delivering sustainable, responsible growth through competitive benefits and programs that support the diverse needs of its 205,000+ employees. “We are raising our minimum wage because we believe that to best serve our customers and clients, we need the best teams,” said Sheri Bronstein, chief human resources officer at Bank of America.
- Business Wire•2 months ago
Bank of America Declares Preferred Stock Dividends
Bank of America Corporation today announced the Board of Directors has authorized regular cash dividends on the outstanding shares or depositary shares of the following series of p
- Business Wire•2 months ago
Bank of America Accelerates Financial Center Expansion and Modernization Efforts
Bank of America continues to make significant investments to modernize more than half of its financial centers nationwide, along with its entire ATM network. The company also continues to expand its retail banking and small business services in new and existing markets. Financial center modernization – Bank of America has modernized more than 1,000 financial centers over the last three years, and today announced that an additional 1,500 will be modernized over the next three years – including 500 in 2019 – bringing its total to more than 2,500 modernized centers.
- Business Wire•3 months ago
Bank of America Commits $300 Billion by 2030 to Low-Carbon, Sustainable Business
Bank of America announces it will mobilize an additional $300 billion in capital by 2030 through its Environmental Business Initiative. Through lending, investing, capital raising, advisory services and developing financing solutions, this new commitment will drive innovation and help to accelerate the transition to a low-carbon, sustainable economy. The $300 billion goal brings Bank of America’s total commitment to more than $445 billion since 2007, when the company issued its first Environmental Business Initiative.
- Business Wire•3 months ago
Bank of America Ranked Top Financial Institution in 2019 LinkedIn Top Companies list
Bank of America was today ranked the top financial institution in the 2019 LinkedIn Top Companies list. To compile the list, LinkedIn says they analyzed billions of data points generated by their 546+ million members to come up with a blended score used to rank the winners by country. “Today’s recognition is a testament to our commitment to being a great place to work,” said Sheri Bronstein, chief human resources officer at Bank of America.
- Business Wire•3 months ago
Bank of America Launches $5 Billion Affordable Homeownership Initiative
Bank of America today announced a new $5 billion affordable homeownership initiative for low- to moderate-income and multicultural homebuyers and communities across the country. The company will commit this additional $5 billion over the next five years to its Bank of America Neighborhood Solutions program, which will help more than 20,000 individuals and families thrive through the power of homeownership. Bank of America’s Neighborhood Solutions program focuses on helping put people on the path to affordable and sustainable homeownership through a combination of specially-designed products, resources and expertise.
- Business Wire•3 months ago
Bank of America Invests $1 Million in Museum Lab® at Children’s Museum of Pittsburgh
The Bank of America Charitable Foundation today announced it will make the $1 million capstone grant to Museum Lab at Children’s Museum of Pittsburgh, completing the organization’s $18 million capital campaign. This funding enables Children’s Museum to renovate and transform the former Carnegie Free Library of Allegheny, the first public library commissioned by Andrew Carnegie, to serve as the home for Museum Lab, a new hands-on museum for children ages 10 and older. The grant is part of Bank of America’s overall commitment to supporting the Pittsburgh community.