Bank of America Corporation (BAC-PP)
| Previous close | 18.22 |
| Open | 18.28 |
| Bid | 17.80 x 900 |
| Ask | 18.50 x 800 |
| Day's range | 18.29 - 18.39 |
| 52-week range | 15.40 - 19.55 |
| Volume | |
| Avg. volume | 57,544 |
| Market cap | N/A |
| Beta (5Y monthly) | 1.38 |
| PE ratio (TTM) | 5.20 |
| EPS (TTM) | N/A |
| Earnings date | N/A |
| Forward dividend & yield | 1.03 (5.64%) |
| Ex-dividend date | 12 Apr 2024 |
| 1y target est | N/A |
- Reuters
Bank of America CEO expects 10% to 15% jump in investment banking fees in Q2
Bank of America's investment banking fees are expected to rise 10% to 15% in the second quarter from a year earlier, CEO Brian Moynihan said on Thursday, after an almost two-year industry slump due to market volatility, rising interest rates and geopolitical turmoil. Goldman Sachs President John Waldron also said on Thursday that equity capital markets are recovering, but at a slower clip than debt markets. Wall Street bosses have said they are finally seeing signs of a broader pickup in investment banking as equities trade near record highs, while corporate clients adjust to high interest rates for a longer period.
- Associated Press Finance
Supreme Court gives homeowners another chance in escrow dispute with Bank of America
The Supreme Court on Thursday gave homeowners another chance to force Bank of America and other large banks to pay interest on mortgage escrow accounts. The court unanimously threw out an appeals court ruling in favor of Bank of America, which has refused to pay interest on money it collects to pay borrowers' insurance and property tax bills. A federal judge initially ruled in favor of the borrowers, but the federal appeals court in New York granted Bank of America's request to dismiss the suits, arguing that the federal law governing national banks does not permit such state-by-state regulation.
- Zacks
Investors Heavily Search Bank of America Corporation (BAC): Here is What You Need to Know
Bank of America (BAC) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
