Bank of America is a leading global financial organization providing wealth management, corporate and investment banking and trading services.
It caters to more than 80% of the U.S. population with its extensive retail branch footprint and serves approximately 66 million consumer and small business clients. The bank also serves corporations, governments, institutions and individuals around the world.
Bank of America provides a diversified range of banking and nonbank financial services and products through four business segments - Consumer Banking, Global Wealth and Investment Management, Global Banking, and Global Markets. It provides investment management, brokerage, banking, trust and retirement products.
Bank of America has a presence in all 50 states, the District of Columbia, the U.S. Virgin Islands, Puerto Rico and more than 35 countries throughout Europe, the Middle East and Africa, Asia Pacific and the Americas. The bank operates eight business lines and has more than 4300 centers, 16,300 ATMs, and 36 leading digital banking platforms.
Key Investment Data
- Ticker: nyse:bac
- Sector: Financial Services
- Industry: Banks - Diversified
- Market Cap: 224.01B
- Market Cap Group: Mega Cap
- P/E: 8.32
- Dividend Yield: 3.13%
- Grade: A
- Dividend Aristocrat: NO
- Chowder Score: Members Only
- Revenue Growth: Members Only
- Dividend Growth: Members Only
- Dividend Growth Fit: 7/10
- Dividend Income Fit: 7/10
Competitors
The competitive landscape is important as they compete for the same business. Below is the list of competitors in the same industry. While not displayed, a number of metrics you can also use to evaluate your picks are the Chowder Score, the Relative Strength Index (RSI), the Graham Number, and the Piotroski F-Score.
| Ticker | Ticker | Company | Market Cap | P/E | Yield | Aristocrat | Graph | SectorID | IndustryID |
|---|---|---|---|---|---|---|---|---|---|
| JPM | NYSE:JPM | JP Morgan Chase | 406.72 | 9.94 | 2.87 | NO | 1 | 7 | 21 |
| BAC | NYSE:BAC | Bank of America | 224.01 | 8.32 | 3.13 | NO | 1 | 7 | 21 |
| WFC | NYSE:WFC | Wells Fargo | 150.20 | 10.11 | 3.00 | NO | 1 | 7 | 21 |
| C | NYSE:C | Citigroup Inc. | 88.99 | 6.76 | 4.46 | NO | 1 | 7 | 21 |
Top Picks by Bay Street Experts
Expert stock analysts have shared their opinions, and sometimes prediction, on the company.
For more top picks from stock analysts on Bay Street, check the full list of top picks by expect stock analysts from investment and asset management firms.
Not all analysts are equal and they don't cover the same type of stocks. The analysts performance and ownership is tracked for comparison.
Bank of America - FAQ
What is the stock ticker for Bank of America?
The stock ticker for Bank of America is NYSE:BAC.
Is Bank of America a good stock to buy?
You need to consider your investment strategy and how NYSE:BAC can fit in your portfolio.
The current dividend income score of 7/10 and dividend growth score of 7/10. Those 2 metrics together should help you decide the fit for your portfolio. Be it for income or for growth.
Is Bank of America a Buy, Sell or Hold?
The Dividend Snapshot Opportunity Score of 72 out of 100.
The score reflects the strength of a buy signal but it does not show a sell signal if it's low. The higher the better.
A sell signal is more difficult as it often relies on the reason you bought the stock in the first place.
How can I buy stocks for Bank of America?
You can easily buy the BAC stock with an online trading platform.
Just make sure the stock fits your risk profile and investment goals.