Should You Buy Bank of America Hand Over Fist Right Now? There's 1 Good Reason to Think Twice.
Bank of America(BAC) The Motley Fool·2024-04-21 09:30This leading bank just reported its latest financial results.Bank of America (BAC 3.35%), one of the world's largest banks, just reported its first-quarter 2024 results. Both of the headline figures, revenue of $25.8 billion and diluted earnings per share of $0.76, exceeded the average of analyst expectations. This might be enough reason for shareholders to cheer the news.This top financial stock has been on an impressive run, rising 35% in just the past six months. You might be wondering if you should buy ...