|Bid||27.90 x 1400|
|Ask||27.95 x 1000|
|Day's Range||27.34 - 27.98|
|52 Week Range||26.32 - 38.60|
|Beta (5Y Monthly)||1.38|
|PE Ratio (TTM)||8.34|
|Earnings Date||Jul 18, 2023|
|Forward Dividend & Yield||0.88 (3.17%)|
|Ex-Dividend Date||Jun 01, 2023|
|1y Target Est||36.40|
Brian Moynihan doesn't expect interest rates to drop again until 2024.
The new cuts at the Wall Street giant amount to roughly 250 positions, following two previous rounds of layoffs.
These top dividend stocks are attractive at these levels and lower, and they add excellent diversity to a long-term investing portfolio.
In the first quarter, Buffett's company Berkshire Hathaway sold some of its longtime bank holdings while sticking with others.
A rise in funding costs due to higher rates, waning loan demand, weakening asset quality and recession risk will hurt Zacks Major Regional Banks' financials. Yet, industry players like JPM, BAC & C are worth watching on restructuring and digitization efforts.
Based on a 58-year track record as CEO of Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B), it's safe to say Warren Buffett knows a thing or two about investing. As of this past weekend, he'd overseen a greater than 3,900,000% return in his company's Class A shares (BRK.A) since taking the reins at Berkshire. What follows are three Warren Buffett stocks that stand out as screaming buys in June.
In the latest trading session, Bank of America (BAC) closed at $28.26, marking a -0.18% move from the previous day.
Beginning the abbreviated trading week on a bullish note, shares of ChargePoint (NYSE: CHPT) are racing higher out of the gate this morning. While cautious optimism about a resolution to the debt ceiling crisis is pushing the S&P 500 slightly higher, an analyst's positive take on the EV charging stock is powering investors to pick up shares. Shares of ChargePoint are up 12.1% as of 11:20 a.m. ET.
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.
When JPMorgan Chase bought First Republic Bank in May, all eyes were on its CEO, Jamie Dimon. Here’s how the executive’s strategy for managing risk propelled him to the top of the banking world. Photo illustration: John McColgan
There aren't many people that can captivate the attention of new and tenured investors quite like Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B) CEO Warren Buffett. Since taking over as CEO of Berkshire in 1965, he's doubled up the average annualized total return, including dividends paid, of the broad-based S&P 500 (19.8% vs. 9.9%). Books can be, and have been, written about Warren Buffett's not-so-secret formula for success.
It looks like Bank of America Corporation ( NYSE:BAC ) is about to go ex-dividend in the next four days. The...
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Per the U.S. District Judge Larry Alan Burns, cardholders must file a lawsuit against Bank of America (BAC) for its violation of state law by issuing cards, without standard security measures, to millions of people in California in 2020.
In the Oracle of Omaha's view, diversification is only necessary if you don't know what you're doing.
Bank of America must face cardholder allegations that it bungled its response to unauthorized transactions on unemployment and disability benefits cards in California during the pandemic, a San Diego judge ruled on Thursday. U.S. District Judge Larry Alan Burns said benefits recipients can move forward with a proposed class action lawsuit claiming the bank violated state law by issuing cards to millions of Californians that lacked standard security measures. The cardholders also claim Bank of America broke federal law by failing to investigate fraud claims or summarily freezing tens of thousands of accounts.
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If you've got $5,000 you can afford to invest, three stocks to consider right now are UnitedHealth Group (NYSE: UNH), Bank of America (NYSE: BAC), and Verizon Communications (NYSE: VZ). Health insurer UnitedHealth Group is an excellent investment, whether your focus is on dividend income or long-term growth.
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The conglomerate doesn't pay dividends, but plenty of its holdings put more cash in Buffett's coffers.
Bank of America (BAC) closed the most recent trading day at $28.58, moving +0.85% from the previous trading session.
Yahoo Finance Live analyzes Bank of America's latest year-end target for the S&P 500 as lawmakers contend with the looming default date on the debt ceiling.
Just three stocks account for $211 billion of Berkshire Hathaway's $333 billion investment portfolio.
Some of the world's most successful investors are buying these dividend payers like they're going out of style.
Investors have good reason to be leery of many banks right now. Ironically, that's almost always the best time to buy them.