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Bank of America Corporation (BAC) Goldman Sachs 2024 U.S. Financial Services Conference (Transcript)
2024-12-11 20:06
Bank of America Corporation (NYSE:BAC) Goldman Sachs 2024 U.S. Financial Services Conference December 11, 2024 1:00 PM ET Company Participants Brian Moynihan - Chairman and CEO Conference Call Participants Richard Ramsden - Goldman Sachs Richard Ramsden Okay. So I'm delighted to welcome our next presenter. He needs no introduction, Brian Moynihan, Chairman and CEO of Bank of America. This is the 15th consecutive time presenting at this conference. It is a record for sure. And it's also, I think, your 15th y ...
Bank of America Is A 'Buy' Despite Seeming Overvaluation
Seeking Alpha· 2024-12-11 18:04
Now you can get access to the latest and highest-quality analysis of recent Wall Street buying and selling ideas with just one subscription to Beyond the Wall Investing ! There is a free trial and a special discount of 10% for you. Join us today!With over 4,000 branches throughout most of the United States, Bank of America Corporation (NYSE: BAC ) is one of the world's biggest financial institutions, with a market cap of over $350 billion at the time ofDaniel Sereda is chief investment analyst at a family o ...
SABCS 2024: New Research Assesses iCAD's Image Based AI-Risk, Detection, and Breast Arterial Calcifications (BAC) Assessment Across Diverse Populations
GlobeNewswire News Room· 2024-12-11 15:00
NASHUA, N.H., Dec. 11, 2024 (GLOBE NEWSWIRE) -- iCAD, Inc. (NASDAQ: ICAD) (“iCAD” or the “Company”) a global leader in clinically proven AI-powered cancer detection solutions, announced today that four novel AI-driven breast cancer research abstracts have been accepted for presentation at the 2024 San Antonio Breast Cancer Symposium (SABCS), taking place from December 10-13, 2024. These clinical abstracts highlight the latest research in breast health AI, focusing on improving detection and risk prediction ...
Bank of America: Buy Now For Increased Dividends
Seeking Alpha· 2024-12-11 14:04
The financial sector ( XLF ) has performed well in 2024, and even better in Q4 following the US election. Bank of America (NYSE: BAC ) has kept pace and looks set to challenge its all-time high of $55 next year. ThisMy approach is long-term and I focus on investing in macro ideas through low risk ETFs and CEFs. I have traded stocks and currencies for nearly ten years and currently run a family fund with my partner and fellow SA contributor Andrew McElroy. I also invest in real estate and am a freelance writ ...
Bank of America builds on partnership with FIFA to become Official Partner of FIFA Club World Cup 2025™
Prnewswire· 2024-12-03 19:00
In August 2024, Bank of America became the Official Bank Sponsor of the FIFA World Cup 26™. Through this agreement, FIFA and Bank of America have committed to working together to support the growth of the global game and the tournament's impact on football fans of all ages, abilities and backgrounds. Ahead of the FIFA Club World Cup 2025 official draw in Miami this Thursday, the organisations have expanded the partnership to include next year's global club showpiece. Matches at the FIFA Club World Cup 2025 ...
Is It Worth Investing in Bank of America (BAC) Based on Wall Street's Bullish Views?
ZACKS· 2024-12-03 15:30
The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price. Do they really matter, though?Let's take a look at what these Wall Street heavyweights have to say about Bank of America (BAC) before we discuss the reliability of brokerage recommendations and how to use them to your advantage.Bank of America currently h ...
Bank of America Shares Trade Near 52-Week High: How to Play BAC Stock?
ZACKS· 2024-12-03 15:25
Bank of America (BAC) shares have been performing well this year. The stock is currently trading near its 52-week high of $48.08 (touched on Black Friday, Nov. 29).Quarter to date, BAC stock has risen 18.6%, outperforming the Zacks Finance sector and the S&P 500 Index. Also, it has fared better than its industry peers — Citigroup (C) and JPMorgan (JPM) .Quarter-to-Date Price Performance Image Source: Zacks Investment ResearchTechnical indicators also suggest strength for BAC. The stock is trading above its ...
BofA Celebrates 20 Years of Neighborhood Builders
Prnewswire· 2024-12-03 14:02
"Empowering community leadership through training and resources is a powerful and unique way we've found to help nonprofits maximize their long-term impact in local communities," said AJ Barkley, Head of Corporate Social Responsibility (CSR), Bank of America. "After 20 years, we continue to invest in this program because it leads to success for the nonprofits and the communities they support." Annually, Neighborhood Builders provides multi-year flexible funding to local nonprofits and prioritizes leadership ...
FSB Assigns Lower Capital Requirement to Bank of America
PYMNTS.com· 2024-11-26 23:45
Two of the 29 global systemically important banks (G-SIBs) moved to different “buckets” in 2024, meaning they will have a higher or lower capital requirement than they did before, the Financial Stability Board (FSB) said Tuesday (Nov. 26).Groupe Crédit Agricole moved from bucket 1 to bucket 2, corresponding to a higher capital requirement, while Bank of America moved from bucket 3 to bucket 2, corresponding to a lower one, FSB said in a press release outlining the findings from its 2024 List of Global Syste ...
Bank of America Announces Redemption of $2,000,000,000 1.530% Fixed/Floating Rate Senior Notes, Due December 2025
Prnewswire· 2024-11-26 21:15
CHARLOTTE, N.C., Nov. 26, 2024 /PRNewswire/ -- Bank of America Corporation announced today that it will redeem on December 6, 2024, all $2,000,000,000 principal amount outstanding of its 1.530% Fixed/Floating Rate Senior Notes, due December 2025 (CUSIP No. 06051GKE8) (the "Notes"), at a redemption price equal to 100% of the principal amount of the Notes, plus accrued and unpaid interest to, but excluding, the redemption date of December 6, 2024.  Interest on the Notes will cease to accrue on the redemption ...