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Bank of America Corporation

Bank of America Corporation (BAC)

47.00
0.54
(1.16%)
Closed November 24 3:00PM
47.10
0.10
(0.21%)
After Hours: 6:58PM

Professional-Grade Tools, for Individual Investors.

Key stats and details

Current Price
47.10
Bid
-
Ask
-
Volume
37,159,632
46.36 Day's Range 47.22
29.3245 52 Week Range 47.10
Market Cap
Previous Close
46.46
Open
46.57
Last Trade
1
@
47.08
Last Trade Time
Financial Volume
US$ 1,744,224,893
VWAP
46.9387
Average Volume (3m)
36,911,729
Shares Outstanding
7,672,879,599
Dividend Yield
2.21%
PE Ratio
14.50
Earnings Per Share (EPS)
3.24
Revenue
98.58B
Net Profit
24.87B

About Bank of America Corporation

Bank of America Corp is one of the largest financial institutions in the United States, with more than $2.5 trillion in assets. It is organized into four major segments: consumer banking, global wealth and investment management, global banking, and global markets. Bank of America's consumer-facing l... Bank of America Corp is one of the largest financial institutions in the United States, with more than $2.5 trillion in assets. It is organized into four major segments: consumer banking, global wealth and investment management, global banking, and global markets. Bank of America's consumer-facing lines of business include its network of branches and deposit-gathering operations, home mortgage lending, vehicle lending, credit and debit cards, and small-business services. The company's Merrill Lynch operations provide brokerage and wealth-management services, as does U.S. Trust private bank. Wholesale lines of business include investment banking, corporate and commercial real estate lending, and capital markets operations. Bank of America has operations in several countries. Show more

Sector
National Commercial Banks - Non Islamic
Industry
National Commercial Banks - Non Islamic
Headquarters
Charlotte, North Carolina, USA
Founded
-
Bank of America Corporation is listed in the National Commercial Banks - Non Islamic sector of the New York Stock Exchange with ticker BAC. The last closing price for Bank of America was US$46.46. Over the last year, Bank of America shares have traded in a share price range of US$ 29.3245 to US$ 47.10.

Bank of America currently has 7,672,879,599 shares outstanding. The market capitalization of Bank of America is US$356.48 billion. Bank of America has a price to earnings ratio (PE ratio) of 14.50.

Bank of America (BAC) Options Flow Summary

Overall Flow

Bullish

Net Premium

8M

Calls / Puts

680.95%

Buys / Sells

152.63%

OTM / ITM

173.33%

Sweeps Ratio

0.00%

BAC Latest News

BofA Names Ed Siaje President of Detroit

BofA Names Ed Siaje President of Detroit PR Newswire DETROIT, Nov. 20, 2024 Private Bank market executive for Michigan and Minnesota, will also oversee the bank's efforts to grow market...

The Boston Athletic Association and Meet Boston Announce $500 Million Economic Impact for the Commonwealth of Massachusetts

The Boston Athletic Association and Meet Boston Announce $500 Million Economic Impact for the Commonwealth of Massachusetts PR Newswire BOSTON, Nov. 14, 2024 Boston Marathon presented by Bank of...

Artmarket.com: Q3 2024 revenue +13%. Study on AI search engines shows Artprice has the world's biggest, best and most useful art market database, thanks to its Intuitive Artmarketยฎ AI

Artmarket.com: Q3 2024 revenue +13%. Study on AI search engines shows Artprice has the world's biggest, best and most useful art market database, thanks to its Intuitive Artmarketยฎ AI Canada...

BofA Art Market Update Anticipates Buying Opportunities for Collectors This Fall

BofA Art Market Update Anticipates Buying Opportunities for Collectors This Fall PR Newswire NEW YORK, Nov. 12, 2024 Aย recalibrating auction market, an increasingly global ecosystem and evolving...

Google Cloud Revenue Grows 35%; AMD Stock Drops 8%, Qorvo Plummets 18%, Reddit Surges 24% in Pre-Market

Alphabet (NASDAQ:GOOGL) – Alphabet exceeded expectations in Q3, with earnings per share of $2.12, surpassing the $1.85 estimate, and revenue of $88.27 billion, beating the forecast of...

HSBC Reports $8.5 Billion Profit; Boot Barn Announces New CEO and Projections; TMDX Drops 24%, VFC Surges 22%

HSBC Holdings (NYSE:HSBC) – In the third quarter, HSBC reported a profit of $8.5 billion, surpassing projections of $7.6 billion. Revenue rose 5% to $17 billion, especially in the FX...

BofA Names Lauren Murray President of Spokane/Boise

BofA Names Lauren Murray President of Spokane/Boise PR Newswire SPOKANE, Wash. and BOISE, Idaho, Oct. 24, 2024 SPOKANE, Wash. and BOISE, Idaho, Oct. 24, 2024 /PRNewswire/ -- Bank of America has...

AI Patents at BofA Increase 94% Since 2022

AI Patents at BofA Increase 94% Since 2022 PR Newswire CHARLOTTE, N.C. and LONDON and HONG KONG, Oct. 23, 2024 Company's patent portfolio includes nearly 1,100 AI and machine learning...

McDonaldโ€™s Faces E. Coli Outbreak; Qualcomm Loses Licensing Dispute with Arm; Texas Instruments Stock Surges

McDonald’s (NYSE:MCD) – A U.S. investigation into an E. coli outbreak focuses on McDonaldโ€™s Quarter Pounder hamburgers. The company has suspended the use of fresh onions and beef...

PeriodChangeChange %OpenHighLowAvg. Daily VolVWAP
11.483.2441911442345.6247.145.623489056446.50317424CS
44.189.7390493942242.9247.141.113759236744.65391906CS
126.9317.251680358540.1747.138.013691172941.85912743CS
267.6919.512814006639.4147.135.143786356940.85965531CS
5217.3558.319327731129.7547.129.32453896689737.65962998CS
1560.390.83493898522846.7150.1124.964486799435.3028283CS
26014.1843.074119076532.9250.1117.955012332633.29384751CS

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BAC Discussion

View Posts
Bountiful_Harvest Bountiful_Harvest 4 days ago
That's who I use, and Fidelity. They both were glitchy during that Aug 5th crash though. I also use JPM. I've been very pleased with my Navy Federal and Pentagon Federal Credit Unions.

I used to do business with BofA but no more.

Oh yes! Good point. They should probably have some freebies and bonuses!
👍️ 1
Zilla Zilla 4 days ago
Moved that 30K to my Schwab which isn't FDIC protected but if bad things happen and I can't trade in Merrill then maybe my Schwab can. I remember a few months ago when my BofA checking had a 0 balance glitch for the early morning which to me was a warning shot. I thought I was hacked and found out it happened to a LOT of BofA people. Will look into Exchange Bank and probably two bigger banks that I don't like JPM/Chase and WFC and see what freebies' they'll give me to open accounts. lol
๐Ÿ‘๏ธ0
Bountiful_Harvest Bountiful_Harvest 4 days ago
I think you're right. Dollar devaluation will continue, as gold has a 5000-year track record. Not sure what gold and silver will do short term, but I always like to have it no matter what the market or economy is doing.
👍️ 1
Zilla Zilla 4 days ago
Been thinking about Costco gold bars for a while now which might be better than cash. Also Exchange Bank is a local bank that one of the founder's Frank Doyle put just over 50% of the shares in a trust that gives students in the local college SRJC scholarships from the dividends. I use to bank with them but BAC gave me too much free stuff that I consolidated there. Sneaky too big to fail bastards. Yes been watching WB sell that off to where he won't have to report it til ER. Yet the overall market just keeps chugging along.
👍️ 1
Bountiful_Harvest Bountiful_Harvest 4 days ago
Actually, I like your cash in mattress idea! 🙂 No one really knows which one could go bust, Even with FDIC it may take time to access. Having everything spread out like you say, allows for immediate access to funds, if one does goes bust. I think that's smart.
maybe it's time to put 50K in 4-5 different places.Yeah, BofA has issues, and apparently Warren Buffett thinks so too...
👍️ 1
Zilla Zilla 4 days ago
I use BofA and Merrill and I transferred 30K from Merrill to BofA (BAC) Then next day I logged onto Merrill and got a message that said 'You're continuing to Merrill. Non deposited products are not insured by the FDIC; are not deposits;and may lose value.'
Well that's interesting and I wondered if trading accounts were protected if through the bank so I'd say that is a NO! So with almost 250K I've been thinking of moving some to my old TDA now Schwab but maybe it's time to put 50K in 4-5 different places. I've moved larger chucks than that 30K and never saw a message like that before but not feeling confident with BofA or the whole system. Cash in mattress?!? lol
๐Ÿ‘๏ธ0
BottomBounce BottomBounce 1 week ago
Bank of America, says silver going to $35. With this should be $75 Silver to See Growing Deficit in 2024 as Supply Struggles
https://carboncredits.com/silver-to-see-growing-deficit-in-2024-as-supply-struggles/ $BAC
๐Ÿ‘๏ธ0
BullNBear52 BullNBear52 2 weeks ago
Unrealized losses at US banks are 7x higher than during the 2008 financial crisis.

Banks are required to mark to market every quarter unrealized gains AND losses.
๐Ÿ‘๏ธ0
Saving Grace Saving Grace 2 weeks ago
It's Amazing that BAC, still cooking the books while customers can't access their accounts even after Blackrock files for BK last week, Oct. 2024.

Breaking News BlackRock Files for Bankruptcy! The Unbelievable Collapse of a Financial Giant
👍️ 1
Bountiful_Harvest Bountiful_Harvest 3 weeks ago
Unrealized losses at US banks are 7x higher than during the 2008 financial crisis.

๐Ÿ‘๏ธ0
Bountiful_Harvest Bountiful_Harvest 3 weeks ago
Fun Fact - $BAC doesnโ€™t mention any risk related to its silver short positions at all in its 10-Q risk disclosures.

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=175286409
๐Ÿ‘๏ธ0
Bountiful_Harvest Bountiful_Harvest 3 weeks ago
https://justdario.com/2024/11/how-bank-of-america-is-hiding-its-mounting-problems-behind-a-mountain-of-repurchase-agreements/
๐Ÿ‘๏ธ0
Bountiful_Harvest Bountiful_Harvest 4 weeks ago
@kshaughnessy2
"...Becoming a huge problem...?

How about "...is a huge problem...?

Do the big banks' trillions in derivatives raise any red flags?

"...US Treasury Secretary Janet Yellen said that fraud in the banking system is becoming a huge problem and that her department is now using artificial intellignece to detect and deal with the issue.

โ€œI absolutely agree with the premise โ€” which is that fraud is becoming a huge problem,โ€ Yellen said in answering a question after delivering prepared remarks to an event hosted by the American Bankers Association...."

https://www.bloomberg.com/news/articles/2024-10-29/yellen-says-fraud-is-huge-growing-problem-in-banking-system

๐Ÿ‘๏ธ0
EarningsCentral EarningsCentral 4 weeks ago
๐Ÿ‘๏ธ0
Slim6 Slim6 1 month ago
Wells Fargo revenue and EPS dropped. Income is 12% lower than prior year (16% drop when adjusting for inflation).
JPM net income was down 2% prior to inflation (6% drop w/ inflation).
BAC net income 12% lower than prior yearโ€™s quarter (16% drop w/ inflation).
Defaults and bankruptcies are up!! Most companies reporting lower net income than prior year even while the government is injecting $2.5 trillion per year (policy is both unsustainable and insufficient)
๐Ÿ‘๏ธ0
Bountiful_Harvest Bountiful_Harvest 1 month ago
https://justdario.com/2024/10/today-everything-will-be-awesome-for-bank-of-america/
๐Ÿ‘๏ธ0
Monksdream Monksdream 1 month ago
BAC 10 Q due October 15
๐Ÿ‘๏ธ0
Saving Grace Saving Grace 1 month ago
Amen! I agree and BLK, VOO, DB JPM and BAC will all fall with the fake Bitcoin going to zero. Scriptures aren't being taken for what it's worth and in the end, it will be the meek that inherit the Earth with Globalists powerless. All in his grip.
๐Ÿ‘๏ธ0
Bountiful_Harvest Bountiful_Harvest 1 month ago
Unfortunately, the vast majority of the public (sheep) are hopelessly invested in the propaganda they've been told, that even when presented with hard data they refuse to believe anything that goes against the narrative. It's like a religion and questioning anything is somehow sacrilegious.

People will never believe anyone telling them the economic crash is coming, until it's over. All these people sitting on fake profits from the Mag 7 are about to realize they were fooled, and it's never... different this time. In my opinion right after the election everything crashes, unless a black swan event occurs before that. Wealth transfer will happen soon.

2 Timothy 4:3 says, "For the time will come when people will not listen to sound doctrine, but instead, to suit their own desires, they will gather around them a great number of teachers to say what their itching ears want to hear. They will reject the truth."
👍️ 2
Saving Grace Saving Grace 1 month ago
It over! The Numbers Donโ€™t Lie

Bank of Americaโ€™s recent financial performance paints a grim picture. The final quarter of the previous year revealed a startling drop in earnings. The bankโ€™s net income nosedived over 50% to $3.1 billion, compared to $7.1 billion a year earlier. While some may brush this off as a rough patch, the numbers speak volumes about deeper issues. Revenue, too, took a hit, falling to $22.1 billion against the expected $23.74 billion. This isnโ€™t just missing the mark; itโ€™s a financial red flag waving in the face of investors and analysts alike.

https://www.msn.com/en-us/money/news/bank-of-america-could-collapse-in-2024-take-a-look/ar-AA1mSNuw



[img][/img]





Watch the Banks pumping manipulation really take off.
๐Ÿ‘๏ธ0
Bountiful_Harvest Bountiful_Harvest 1 month ago
Berkshire Hathaway's $BAC holdings fall below the 10% disclosure threshold.

*Now the real dumping begins... 0% next!

👍️ 1
Bountiful_Harvest Bountiful_Harvest 1 month ago
And then many people still wonder why Warren Buffett is dumping such a mess of a bank @DarioCpx😓

๐Ÿ‘๏ธ0
Bountiful_Harvest Bountiful_Harvest 2 months ago
@DarioCpx
🚨BREAKING: Warren Buffett sells ~9.5m shares of $BAC and now $BRK.A ownership in the bank is below 10% - from now on Warren Buffett can continue selling $BAC shares WITHOUT BEING REQUIRED TO PROMPTLY REPORT IT

Narrator: guess what happens next?
๐Ÿ‘๏ธ0
Bountiful_Harvest Bountiful_Harvest 2 months ago
Warren Buffett $BRK.A sells another ~8m $BAC shares and is now ~12m $BAC shares away from falling below 10% ownership after which he will not be required to report these sales promptly anymore

๐Ÿ‘๏ธ0
Bountiful_Harvest Bountiful_Harvest 2 months ago
BoA Credit Default swaps going up as well.... On this innocent little IT issue. 🙃

๐Ÿ‘๏ธ0
Bountiful_Harvest Bountiful_Harvest 2 months ago
Bank of America Outage: Customers report widespread outage and zero balances, but their debt balances still showed.

https://www.cnn.com/2024/10/02/business/bank-of-america-outage/index.html

So, they could send money in, but not take it out?

Banks = Vampires
๐Ÿ‘๏ธ0
Saving Grace Saving Grace 2 months ago
He knows it's over with SEC turning a blind eye at cooking the books and fluff magic with Finra and DTCC Fraud.

👍️ 1
Bountiful_Harvest Bountiful_Harvest 2 months ago
Warren Buffett throws another ~11.5m BAC shares back in the market cashing out another half a billion

Warren is now ~20m $BAC shares away from falling below 10% ownership and not being required to report these sales promptly anymore

Guess what comes next
๐Ÿ‘๏ธ0
Bountiful_Harvest Bountiful_Harvest 2 months ago
Buffett Dumps More BofA Shares As Stake Nears Key 10% Non-Reporting Level:

https://www.zerohedge.com/markets/buffett-dumps-more-bofa-shares-stake-nears-key-10-non-reporting-level
👍️ 1
Bountiful_Harvest Bountiful_Harvest 2 months ago
Warren Buffett dumps another 21.5m shares of $BAC today

Now BRK.A is ~30m shares from falling below 10% ownership of BAC, after which we will only know further sales update every 3 months in the 13F filing - Watch out for that 👀

👍️ 1
Saving Grace Saving Grace 2 months ago
It's a full blown panic and getting worse.
๐Ÿ‘๏ธ0
sectorspider sectorspider 2 months ago
Whooofff Ha Ha Ha ! Told ya BOA got some things crumbling. Look out below. It's Friday... lol you won't know what happened untill Tuesday Ha ha ha !
👍️ 1
Bountiful_Harvest Bountiful_Harvest 2 months ago
if Buffett sells ~50M more shares he will go below the 10% ownership threshold of $BAC. At that point he will no longer be required to file promptly disclosures anymore.

In other words, once he goes below 10% he will be able to dump $BAC shares at a faster pace but we will only know the information with a big delay into the next 13-F filing!
๐Ÿ‘๏ธ0
Bountiful_Harvest Bountiful_Harvest 2 months ago
Buffet continues dumping shares as fast as he can:

👍️ 2
Saving Grace Saving Grace 2 months ago
BAC leads with 90 branch closures for 2024.

US banks have closed more than 50 branches in just two weeks, as the march towards online banking continues to decimate local services. Wells Fargo, Chase, and Fulton were among the banks who closed locations between August 19 and September 7.

๐Ÿ‘๏ธ0
sectorspider sectorspider 2 months ago
That is the proven track record aye?
๐Ÿ‘๏ธ0
sectorspider sectorspider 2 months ago
BOA board members & se staff are in a full all out panic. They see the writting on the wall is way to close now to not panic.
👍️ 2
Bountiful_Harvest Bountiful_Harvest 2 months ago
Warren Buffett dumps another ~$230m of BAC shares. $BRK.A is close to falling below the 10% ownership of $BAC after which we will have to wait for the quarterly 13F for updates on Warrenโ€™s dumpathon

๐Ÿ‘๏ธ0
Bountiful_Harvest Bountiful_Harvest 3 months ago
https://www.zerohedge.com/markets/warren-buffetts-bofa-dump-thon-nears-7-billion-questions-swirl-why

These big banks owe everyone is America money. They were bailed out with your tax dollars, then turn around hit you with exorbitant rates, penalties and fees, then further gamble with "your money". These banks will be the ones foreclosing on Americans mortgages while they get bailed out w/ your money. Not to mention being party to the devaluing of everyone's fiat currency (US Dollar worthless).

Moral Hazard:

๐Ÿ‘๏ธ0
Bountiful_Harvest Bountiful_Harvest 3 months ago
@SuburbanDrone
BofA came out this morning and said that a soft payroll report is the biggest threat to Tech stocks:
https://finance.yahoo.com/news/bofa-hartnett-says-us-semiconductor-100929983.html

Which is interesting because just a few days ago they said that a strong jobs report is the biggest threat to stocks:
https://aol.com/stock-markets-biggest-risk-week-193425153.html

For bulls, all bases are covered.

๐Ÿ‘๏ธ0
Bountiful_Harvest Bountiful_Harvest 3 months ago
lol. Buffet can't get rid of the stock fast enough.
๐Ÿ‘๏ธ0
sectorspider sectorspider 3 months ago
LOL!
๐Ÿ‘๏ธ0
Bountiful_Harvest Bountiful_Harvest 3 months ago
Buffett continues dumping even more with $760m just sold bringing the total to $7bn

๐Ÿ‘๏ธ0
sectorspider sectorspider 3 months ago
There is more coming. Not about what i will put here but there definitely will be more surprises coming. I have some serious dirt on one of the VP's . Have not released anything yet but lol the threats from him are bit thick. Now I find out he has said I'm not allowed to travel where I please into the Caribbean . He threaten me over text message before I still have the evidence lol! Ha ha ha! What an Idiot! Caught his lawyer dead cold putting false information on a legal instrument & filing it with the County Clerk. My attorney got his attorney to fold fast by dropping my name from the caseload when my informationwas presented to the open court . At that point his attorney told the Judge to drop my name lff the paperwork & that she would no longer be with the firm and walked out. Ha ha ha Bank of America. Yeah those power brokers will stop at noting to get thier way.
๐Ÿ‘๏ธ0
Bountiful_Harvest Bountiful_Harvest 3 months ago
Is This Why Warren Buffett Dumped Billions Worth Of Bank Of America Stock?

https://www.zerohedge.com/markets/why-warren-buffett-dumps-billions-worth-bank-america-stock
Or perhaps the 94-year-old billionaire has increased cash reserves to record levels because of elevated stock valuations amid the artificial intelligence bubble.
๐Ÿ‘๏ธ0
Bountiful_Harvest Bountiful_Harvest 3 months ago
The only reason stock price has held is because BAC is doing a $25B buyback same time Buffet is dumping shares. -Being propped up

https://newsroom.bankofamerica.com/content/newsroom/press-releases/2024/07/bank-of-america-increases-common-stock-dividend-8--to--0-26-per-.html
๐Ÿ‘๏ธ0
Bountiful_Harvest Bountiful_Harvest 3 months ago
Warren Buffet dumps yet another ~$850m worth of BAC shares

๐Ÿ‘๏ธ0
Bountiful_Harvest Bountiful_Harvest 3 months ago
BAC Insiders following Warren's lead. Bernard Mensah-President of BACs International Unit just dumped half his shares. I wouldn't be surprised to see him, and the others, dump all the rest of their shares any day now... Meanwhile, they continue to pump while they dump to naive retail. Playing out just like in the movie Margin Call.

What these unscrupulous elitest are doing to the small investor is absolutely disgraceful. And the blind Herd is falling for it.

๐Ÿ‘๏ธ0
Saving Grace Saving Grace 3 months ago
Bank of America, JP Morgan, and Goldman Sachs were rumored to be insolvent, along with other large banks. Though, these Deep State Cabalโ€™s banks, along with Central Banks across the Globe, have been taken over by the Global Military Alliance.

The Capitalist Elite are now pumping the living hell out of what's left before a massive bank run and crypto crash.
๐Ÿ‘๏ธ0
ofspring ofspring 3 months ago
BREAKING: Warren Buffett sold another $981 million in Bank of America shares.

@GeneralMCNews
๐Ÿ‘๏ธ0

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