26.34 +0.15 (0.55%)
Pre-Market: 8:50AM EDT
|Bid||26.35 x 300|
|Ask||26.36 x 400|
|Day's Range||26.11 - 26.43|
|52 Week Range||16.28 - 26.43|
|PE Ratio (TTM)||15.60|
|Earnings Date||Jan 11, 2018 - Jan 15, 2018|
|Dividend & Yield||0.48 (1.83%)|
|1y Target Est||28.05|
In this series, we’ll examine Bank of America’s performance across divisions, expected growth, strategic investments, valuation, dividends, yields, and analyst ratings.
Wall Street’s biggest brokerages posted double-digit gains in third-quarter profit as clients continued to move money into fee-based accounts and take on more debt.
Credit Suisse With Bank of America’s third-quarter upside, we’re raising our full-year 2017 earnings-per-share estimate to $1.81 from $1.77; our 2018 and 2019 EPS estimates are unchanged at $2.10 and $2.30 ...
NEW YORK, NY / ACCESSWIRE / October 17, 2017 / All three major indexes notched record closes on Monday setting a positive tone for an important week of corporate earnings. The Dow Jones Industrial Average ...
MELBOURNE, Florida , October 17, 2017 /PRNewswire/ -- NXT-ID, Inc. (NASDAQ: NXTD ), a provider of payment, credential management, and authentication platform services, announces it will be exhibiting at ...
Research Desk Line-up: First Republic Bank Post Earnings Coverage LONDON, UK / ACCESSWIRE / October 17, 2017 / Pro-Trader Daily has just published a free post-earnings coverage on Bank of America Corp. ...
Investing.com - Crude oil prices fell in Asia on Tuesday on profit taking after sharp gains on geopolitical tensions in Iraq and Iran stoked buying.
Investing.com – Crude oil prices settled higher on Monday as conflict between Iraqi and Kurdish forces broke out in the oil-rich city of Kirkuk raising concerns over supply disruptions in the region.
NEW YORK, NY / ACCESSWIRE / October 16, 2017 / Bank of America and Wells Fargo reported their third quarter fiscal financial reports this past Friday. While Bank of America rose to a new high on stellar ...
Wells Fargo posted a decline in earnings, a further setback as the bank tries to revamp its practices following a series of scandals.
If you want to understand the progress Bank of America is making, you have to look at two metrics that rarely make headlines.
Four of the six banks—JPMorgan Chase (JPM), Citigroup (C), Bank of America (BAC), and Wells Fargo (WFC)—reported mixed third-quarter results last week. Leader JPMorgan produced an 11% gain in earnings per share to $1.76, with CEO Jamie Dimon citing a “healthy” U.S. consumer and “solid wage growth.” BofA earnings of 48 cents beat the consensus by three cents. Citi fell 4% to $72 after posting earnings on Thursday.
Wells Fargo said its third-quarter profit tumbled 19% from a year ago, results that contrasted sharply with a rebound at Bank of America.
Bank of America has been aggressively promoting peer-to-peer payments, and new numbers that came out Friday show that it’s having considerable success. Bank of America released its third quarter earnings on Friday morning and executives spoke confidently about Zelle, the payments platform used by several big banks. The total number of peer-to-peer payments made over the Zelle network by Bank of America customers jumped 68% on a year over year basis to 13.6 million, and the total payment volume jumped 40% to $4 billion, the bank said.
A drop in bond-trading revenue at Bank of America mirrored declines at rivals JPMorgan Chase and Citigroup.
Bank of America reported better-than-expected third-quarter earnings on Friday. Wells Fargo fell short on revenue.
Two firms issued bullish calls on Netflix (NFLX). JPMorgan thinks shares are heading to $225, while Goldman Sachs boosted its price target by $35 to $235, the highest level on Wall Street. Goldman analyst Heath Terry thinks analysts are underestimating the number of subscribers Netflix will add.