Bank of America Corporation (BAC-PN)
| Previous close | 21.94 |
| Open | 21.83 |
| Bid | 21.41 x 1100 |
| Ask | 23.96 x 800 |
| Day's range | 21.78 - 21.91 |
| 52-week range | 19.00 - 23.04 |
| Volume | |
| Avg. volume | 75,628 |
| Market cap | N/A |
| Beta (5Y monthly) | 1.38 |
| PE ratio (TTM) | 6.23 |
| EPS (TTM) | 3.51 |
| Earnings date | 16 Jul 2024 |
| Forward dividend & yield | 1.25 (5.70%) |
| Ex-dividend date | 31 May 2024 |
| 1y target est | N/A |
ReutersBank of America to buy WaFd's multi-family loan portfolio for $2.9 billion
The commercial real estate (CRE) sector, which has been roiled by higher borrowing costs and lower occupancy, has become a key cause of concern for investors and has drawn tough regulatory scrutiny for regional lenders. Parent company WaFd, in a regulatory filing, disclosed the portfolio of 2,000 commercial multi-family real estate loans had an aggregate unpaid principal balance of $3.2 billion. After the deal is closed, WaFd said BofA is planning to enter into a structured transaction or loan sale with one or more funds of Pacific Investment Management.
PR NewswireBank of America Announces Full Redemption of its Series JJ Preferred Stock and Series U Preferred Stock and Related Depositary Shares
Bank of America Corporation announced today that it will redeem all outstanding shares of its Fixed-to-Floating Rate Non-Cumulative Preferred Stock, Series JJ (CUSIP No. 060505FN9), liquidation preference $25,000 per share (the "Series JJ Preferred Stock"), and the corresponding depositary shares each representing a 1/25th interest in a share of the Series JJ Preferred Stock (CUSIP No. 060505FP4) (the "Series JJ Depositary Shares"). Bank of America also announced today that it will redeem all ou
ZacksBank of America (BAC) Up 10.5% Since Last Earnings Report: Can It Continue?
Bank of America (BAC) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
