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Bank of America (IT:1BAC)
MILAN:1BAC
Bank of America (1BAC) Stock Price & Analysis
1 Followers
1BAC Stock Chart & Stats
Day’s Range€0 - €0
52-Week Range€23.40 - €40.38
Previous Close€39.71
Volume0.00
Average Volume (3M)205.00
Market Cap
€308.00B
Enterprise Value€615.76B
Total Cash (Recent Filing)$0.00
Total Debt (Recent Filing)$335.24B
Price to Earnings (P/E)―
BetaN/A
Next Earnings
Oct 15, 2024EPS Estimate
€0.74Last Dividend Ex-Date
Jun 07, 2024Dividend Yield2.23%
Share Statistics
EPS (TTM)N/A
Shares Outstanding7,820,370,305
10 Day Avg. Volume43
30 Day Avg. Volume205
Standard DeviationN/A
R-SquaredN/A
AlphaN/A
Financial Highlights & Ratios
Price to Book (P/B)1.38
Price to Sales (P/S)2.95
Price to Cash Flow (P/CF)-5.00
P/FCF Ratio23.50
Enterprise Value/Market CapN/A
Enterprise Value/Revenue6.27
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
€41.10Price Target Upside3.50% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering15
Bank of America News
Bulls Say, Bears Say
Bulls Say
DividendsThe new 8% dividend boost reflects confidence.
EarningsBank of America's core earnings per share of $0.81 surpassed market expectations by 3%, driven by higher-than-expected fees and lower provisions.
Investment BankingInvestment banking fees increased by 16% year-over-year, with trading revenues growing by 9%, indicating strong performance in capital markets.
Bears Say
EarningsNII fell 3% YoY due to higher deposit costs.
Financial PerformanceBank of America continues to see pressures on higher deposit costs which offset higher loan yields.
Risk FactorsDownside risks include recessionary risks associated with higher than expected inflation, more Fed rate cuts than expected.
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Ownership Overview
0.00% Insiders
0.00% Mutual Funds
2.52% Other Institutional Investors
97.48% Public Companies and
Individual Investors
Website Traffic
The estimated number of people who visited one or more of the websites owned by Bank of America
Desktop Users
Mobile Users
1BAC FAQ
What was Bank of America’s price range in the past 12 months?
Bank of America lowest stock price was €23.40 and its highest was €40.38 in the past 12 months.
What is Bank of America’s market cap?
Currently, no data Available
When is Bank of America’s upcoming earnings report date?
Bank of America’s upcoming earnings report date is Oct 15, 2024 which is in 87 days.
How were Bank of America’s earnings last quarter?
Bank of America released its earnings results on Jul 16, 2024. The company reported €0.762 earnings per share for the quarter, beating the consensus estimate of €0.732 by €0.03.
Is Bank of America overvalued?
According to Wall Street analysts Bank of America’s price is currently Undervalued.
Does Bank of America pay dividends?
Bank of America pays a Quarterly dividend of €0.22 which represents an annual dividend yield of 2.23%. See more information on Bank of America dividends here
What is Bank of America’s EPS estimate?
Bank of America’s EPS estimate is €0.74.
How many shares outstanding does Bank of America have?
Currently, no data Available
What happened to Bank of America’s price movement after its last earnings report?
Bank of America reported an EPS of €0.762 in its last earnings report, beating expectations of €0.732. Following the earnings report the stock price went up 4.612%.
Which hedge fund is a major shareholder of Bank of America?
Among the largest hedge funds holding Bank of America’s share is Berkshire Hathaway Inc. It holds Bank of America’s shares valued at 39B.
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Bank of America Stock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
€41.10 (3.50% Upside)
€41.10 (3.50% Upside)
Blogger Sentiment
Bullish
IT:1BAC Sentiment 83%
Sector Average 69%
Sector Average 69%
Insider Transactions
Sold Shares
Worth $1.5B over
the Last 3 Months
the Last 3 Months
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
40.11%
12-Months-Change
Fundamentals
Return on Equity
8.49%
Trailing 12-Months
Asset Growth
4.32%
Trailing 12-Months
Company Description
Bank of America
Bank of America Corp. provides banking and nonbank financial services. It operates through the following segments: Consumer Banking, Global Wealth and Investment Management, Global Banking, Global Markets, and All Other. The company was founded by Amadeo Peter Giannini in 1904 is headquartered in Charlotte, NC.
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1BAC Company Deck
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1BAC Earnings Call
Q2 2024
0:00 / 0:00
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1BAC Stock 12 Month Forecast
Average Price Target
€41.10
▲(3.50% Upside)
Technical Analysis
Bank of America
―
JPMorgan Chase & Co.
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Wells Fargo
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Citigroup
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Goldman Sachs Group
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Best Analysts Covering 1BAC
1 Year
1 Year Success Rate
27/36 ratings generated profit
1 Year Average Return
+22.24%
reiterated a buy rating 5 days ago
Copying Mike Mayo's trades and holding each position for 1 Year would result in 75.00% of your transactions generating a profit, with an average return of +22.24% per trade.
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