CHARLOTTE, N.C., June 10, 2024 /PRNewswire/ -- Bank of America today announced the following reporting dates for quarterly financial results. The results are scheduled to be announced each quarter by press release at approximately 6:45 a.m. Eastern Time with investor calls at the times below (all times Eastern).  Fourth quarter 2024 – Thursday, January 16, 2025; 11 a.m. investor call.First quarter 2025 – Tuesday, April 15, 2025; 8:30 a.m. investor call.Second quarter 2025 – Wednesday, July 16, 2025; 8 a.m. ...

ablokhin Bank of America (NYSE:BAC) is one of the major retail banks in the US, and through their four business segments, they managed to generate $93.359 billion in TTM revenue, $25.028 billion in net income, and a consolidated amount of $293.552 billion in total equity. This resulted in a market cap of $312.50 billion and a 2.35% TTM dividend yield. In this analysis, I will go through Bank of America's earnings evolution, outlook, risks, and valuation to decide on a buy rating of the stock despite its ...

Amidst the market’s turbulence, it’s always wise to follow someone like Warren Buffett. However, the maverick investor’s recent statements point to an overbought stock market. Consequently, investors should concentrate on the best Warren Buffet stocks to navigate the market uncertainty.Buffett’s evolving investment philosophy with Berkshire Hathaway (NYSE:BRK-A, NYSE:BRK-B) has shifted from a quantitative focus to a more qualitative one. The goal has been to focus on ‘great companies at reasonable prices,’ ...

A stock market rally is still underway, with the S&P 500 index rebounding in May. Now, this rally has mostly been led by high-growth tech stocks. However, some names with unique value are certainly garnering more attention. You know, the high cash flow producing companies with solid balance sheets that return capital to shareholders.Investors want stability and seek more defensive positioning to balance some of the risks various high-growth stocks provide. Of course, you can always generate a higher upside ...

Investors might want to bet on Bank of America (BAC) , as it has been recently upgraded to a Zacks Rank #1 (Strong Buy). This upgrade primarily reflects an upward trend in earnings estimates, which is one of the most powerful forces impacting stock prices.The sole determinant of the Zacks rating is a company's changing earnings picture. The Zacks Consensus Estimate -- the consensus of EPS estimates from the sell-side analysts covering the stock -- for the current and following years is tracked by the system ...

Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, June 5th:Bank of America Corporation (BAC) : This company that provides banking and financial products and services has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 3.9% over the last 60 days.Bank of America’s shares gained 12% over the last three months compared with the S&P 500’s advance of 4.2%. The company possesses a Momentum Score of B.The Gap, ...

Hedge fund operator Ken Griffin is the founder and CEO of Citadel, one of the world’s most successful alternative investment firms. It has over $103 billion in assets under management (AUM) and Griffin likes to cast a wide net when making investments. Citadel has over 6,000 individual stocks in its portfolio.Although well-known and respected for his investing acumen, Griffin came under fire from retail investors during the meme stock craze in 2021. Because he also owns Citadel Securities, one of the largest ...

Bank of America (BAC) closed at $39.88 in the latest trading session, marking a -0.28% move from the prior day. The stock trailed the S&P 500, which registered a daily gain of 0.11%. At the same time, the Dow lost 0.3%, and the tech-heavy Nasdaq gained 0.56%.Prior to today's trading, shares of the nation's second-largest bank had gained 7.36% over the past month. This has outpaced the Finance sector's gain of 4.44% and the S&P 500's gain of 5.06% in that time.The investment community will be paying close at ...

Brian Moynihan, CEO of Bank of America, said higher inflation and interest rates have dampened consumer and business spending this year.From hardware to software, both consumers and small to medium-sized businesses are pulling back on their purchases, Moynihan said at a New York financial conference, according to a Thursday (May 30) CNBC report.“Both of our customer bases that have a lot to do with how the American economy runs are saying, ‘You know what? I’m being careful, slowing things down,’” Moynihan s ...

Bank of America Corporation (NYSE:BAC) Bernstein's 40th Annual Strategic Decisions Conference May 30, 2024 11:00 AM ET Company Participants Brian Moynihan - CEO Conference Call Participants John McDonald - Bernstein Stock Analyst John McDonald Okay. We're ready to get going. Thanks, everyone. We're very happy to have Bank of America back today. CEO Brian Moynihan. Brian, thanks so much for coming back. Brian Moynihan John, it's been many times. Good to see you again. Question-and-Answer Session Q - John McD ...