Bank of America (BAC) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term.Shares of this nation's second-largest bank have returned +0.7% over the past month versus the Zacks S&P 500 composite's +5% change. The Zacks Banks - Major Regional industry, to which Bank of America belongs, has gained 4.9% over this period. Now the key question is: Where could the stock be headed in the near term? ...

This man wants you to own his 5.1% yielding certificates of deposit. Bloomberg/Bloomberg via Getty Images Goldman Sachs (NYSE:GS) is one of the priciest major U.S. bank stocks. Based on the financials shown below, the stock trades at 16.7 times earnings, 2.86 times sales and 1.22 times book value. EPS: $22.87. Revenue: $46.275 ($133.75 per share). Book value per share: $313. By contrast, the S&P financials index trades at 13.2 times trailing earnings, 15 times forward earnings, 1.89 times sales and 1.76 t ...

Financial stocks can cover the gamut of big, established banks through digital upstarts. SoFi Technologies (SOFI -4.70%) is a young and growing all-digital bank that's adding customers at a rapid pace. Bank of America (BAC -0.77%) is a large, traditional bank that pays a dividend. Which of these stocks is the better buy today?High growth and increasing stabilityJennifer Saibil (SoFi): SoFi has been reporting incredible growth, and its strategy of recruiting new customers and getting them to adopt more produ ...

Bank of America (BAC) closed the latest trading day at $33.70, indicating a -0.77% change from the previous session's end. The stock's change was less than the S&P 500's daily gain of 0.13%. At the same time, the Dow added 0.13%, and the tech-heavy Nasdaq lost 0.32%.The nation's second-largest bank's shares have seen an increase of 3.63% over the last month, aligning with the Finance sector and outstripping the S&P 500's gain of 2.99%.Analysts and investors alike will be keeping a close eye on the performan ...

Bank of America Corporation (NYSE:BAC) Bank of America Securities Financial Services Conference February 21, 2024 8:00 AM ET Company Participants Brian Moynihan - Chairman, CEO & President Conference Call Participants Ebrahim Poonawala - BofA Securities Ebrahim Poonawala Good morning. I guess we'll go ahead and get started. So I would like to welcome you all to Bank of America's 32nd Annual Financial Services Conference. I'm Ebrahim Poonawala. I head North American Bank Research for BofA. This is the second ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☑ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Fiscal Year Ended December 31, 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number: 1-6523 Exact name of registrant as specified in its charter: Bank of America Corporation State or other jurisdiction of incorporation or ...

Bank of America cardholders and Starbucks Rewards members can link eligible accounts to earn 2% cash back from Bank of America and one Star per $2 spent at Starbucks CHARLOTTE, N.C. and SEATTLE, Feb. 15, 2024 /PRNewswire/ -- Today, Bank of America (NYSE: BAC) and Starbucks Coffee Company (NASDAQ: SBUX) announced a new partnership that offers millions of Bank of America cardholders and Starbucks Rewards® members in the U.S. the ability to earn even more benefits by linking accounts. Everyday Account Linking ...

Banks looking to attract new customers have traditionally offered things like toasters or free checks.Now Bank of America Corp. is reporting traction with its offer to waive the $20,000 minimum-balance requirement for access to its Preferred Rewards Gold Tier for employees who enroll in its Employee Banking & Investing program.Bank of America BAC, -2.13% said it has gotten about $10.5 billion in new deposits and investments from first-time and existing customers in the program, which it launched in 2020. T ...

The banking system has run into a fresh crisis, leaving several bank stocks to sell. Shares of New York Community Bancorp (NYSE:NYCB) plunged recently following a massive earnings miss and credit rating downgrade. This unleashed broader concerns about the state of the American regional banking system, particularly regarding credit quality and loans in the commercial real estate space.Many traders are looking to buy the lows, and understandably so. Many regional banking stocks have plunged in 2024 and could ...

Bank of America (BAC) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future.Shares of this nation's second-largest bank have returned +0.8% over the past month versus the Zacks S&P 500 composite's +5.8% change. The Zacks Banks - Major Regional industry, to which Bank of America belongs, has lost 0.4% over this period. Now the key question is: Where could the stock be hea ...