Bank of America Stock (NYSE:BAC)


ForecastRevenueOwnershipFinancialsChartTranscripts

Previous Close

$39.25

52W Range

$24.96 - $44.44

50D Avg

$39.41

200D Avg

$37.46

Market Cap

$311.24B

Avg Vol (3M)

$39.89M

Beta

1.34

Div Yield

$1.04 (2.44%)

BAC Company Profile


Bank of America Corporation, through its subsidiaries, provides banking and financial products and services for individual consumers, small and middle-market businesses, institutional investors, large corporations, and governments worldwide. Its Consumer Banking segment offers traditional and money market savings accounts, certificates of deposit and IRAs, noninterest-and interest-bearing checking accounts, and investment accounts and products; and credit and debit cards, residential mortgages, and home equity loans, as well as direct and indirect loans, such as automotive, recreational vehicle, and consumer personal loans. The company's Global Wealth & Investment Management segment offers investment management, brokerage, banking, and trust and retirement products and services; and wealth management solutions, as well as customized solutions, including specialty asset management services. Its Global Banking segment provides lending products and services, including commercial loans, leases, commitment facilities, trade finance, and commercial real estate and asset-based lending; treasury solutions, such as treasury management, foreign exchange, and short-term investing options and merchant services; working capital management solutions; and debt and equity underwriting and distribution, and merger-related and other advisory services. The company's Global Markets segment offers market-making, financing, securities clearing, settlement, and custody services, as well as risk management products using interest rate, equity, credit, currency and commodity derivatives, foreign exchange, fixed-income, and mortgage-related products. As of December 31, 2021, it served approximately 67 million consumer and small business clients with approximately 4,200 retail financial centers; approximately 16,000 ATMs; and digital banking platforms with approximately 41 million active users. The company was founded in 1784 and is based in Charlotte, North Carolina.

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Industry

Banks - Diversified

Sector

Financial Services

Exchange

NYSE

ADR

-

Country

US

Employees

212,000

IPO Date

Feb 21, 1973

Website

BAC Performance


Revenue Breakdown


Revenue Breakdown by Product/Service

Product/ServiceDec 23Dec 22Dec 21
Investment Banking Income, Syndication Fees$898.00M$1.07B$1.50B
Investment Banking Income, Financial Advisory Services$1.57B$1.78B$2.31B
Investment Banking Fees$4.71B$4.82B$8.89B
Investment and Brokerage Services$15.56B$15.90B$16.69B
Investment And Brokerage Services, Brokerage Fees$3.56B$3.75B$3.96B
Investment And Brokerage Services, Asset Management Fees$12.00B$12.15B$12.73B
Investment Banking Income, Underwriting Income$2.23B$1.97B$5.08B

Fiscal year ends in Dec 23 | Currency in USD

BAC Financial Summary


Dec 23Dec 22Dec 21
Revenue$94.19B$92.41B$93.71B
Operating Income$28.34B$30.97B$33.98B
Net Income$24.87B$24.50B$29.14B
EBITDA$30.37B$32.95B$35.87B
Basic EPS$3.08$3.21$3.60
Diluted EPS$3.08$3.19$3.57

Fiscal year ends in Dec 23 | Currency in USD

Latest Earnings Call Transcripts


Q2 24Jul 16, 24 | 1:00 PM
Q1 24Apr 16, 24 | 12:40 PM
Q4 23Jan 12, 24 | 3:50 PM

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