Bank of America Corporation

BAC

US0605051046

Banks

Delayed Nyse Other stock markets 18:00:02 03/07/2024 BST			5-day change	1st Jan Change
40.9 ^USD	-0.07%		+4.87%	+21.47%

07-03	Global markets live: Eli Lilly, Apple, Walmart, Shell, Rio Tinto...
07-03	Bank of America's Head of Americas Equity Research Daire Browne Departing Bloomberg	MT

Bank of America Corporation Plans to Increase Quarterly Dividend for Third Quarter of 2024

June 28, 2024 at 09:30 pm

Bank of America Corporation announced plans to increase its quarterly common stock dividend to $0.26 per share beginning in the third quarter of 2024. The common stock dividend is subject to approval from the Company's Board of Directors.

Latest news about Bank of America Corporation

Global markets live: Eli Lilly, Apple, Walmart, Shell, Rio Tinto...	07-03
Bank of America's Head of Americas Equity Research Daire Browne Departing Bloomberg	07-03	MT
Stocks to watch as Biden and Trump vie for presidency	07-03	RE
Appeals Court Reinstates $10 Billion Bank Lawsuit Over Judge's Financial Conflict, Reports Say	07-03	MT
Jefferies Adjusts Price Target on Bank of America to $41 From $39, Maintains Hold Rating	07-03	MT
US judge's financial conflict leads to revived lawsuit against big banks	07-02	RE
Seaport Upgrades Bank of America to Buy From Neutral, Price Target at $48	07-02	MT
HSBC Adjusts Price Target on Bank of America to $40 From $39, Maintains Hold Rating	07-02	MT
Bank executives to testify before US Senate later in July, Politico reports	07-01	RE
Goldman Sachs Adjusts Price Target on Bank of America to $45 From $44, Maintains Buy Rating	07-01	MT
Tiny Chain Bridge is top banker to Trump, Republican campaigns	07-01	RE
Top U.S. banks hike dividends after sailing through Fed's stress test	06-28	RE
Bank of America Plans to Boost Quarterly Dividend by 8% Starting Q3	06-28	MT
Bank of America Corporation Plans to Increase Quarterly Dividend for Third Quarter of 2024	06-28	CI
Major Banks to Pay $46 Million to Settle Litigation Over Alleged Interest Rate Swaps Collusion	06-28	MT
Dealmakers optimistic on global M&A prospects despite sluggish growth	06-28	RE
Ten big banks settle US interest rate swaps rigging litigation	06-27	RE
Latam FX, stocks edge lower; Banxico's rate decision on tap	06-27	RE
All Banks Passed Fed Stress Tests as Expected, Morgan Stanley Says	06-27	MT
US banks weather Fed's annual stress test, but risks rise	06-27	RE
Canadian Solar's Recurrent Energy Signs Tax Credit Facilitation Deal With Bank of America for North Fork Solar Project	06-27	MT
SM Energy, Northern Oil & Gas to Acquire Uinta Basin Assets of XCL for $2.55 Billion	06-27	MT
Deutsche Bank and other financial institutions fare well in US stress test	06-26	DP
US banks suffer steeper losses, but retain large cushions in annual Fed health check	06-26	RE
Griffon Corporation Successfully Completes Term Loan B Repricing	06-26	CI

Chart Bank of America Corporation

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Company Profile

Bank of America Corporation is a banking group organized around 5 areas of activity: - commercial banking (58.6% of Net Interest Income); - business and investment banking (25.5%); - wealth management and asset management (12.4%); - market banking (2.9%); - other (0.6%). At the end of 2023, the group managed USD 1,923.8 billion in current deposits and USD 1,053.7 billion in current credits.

Sector

Banks

Calendar

16/07/2024 - Q2 2024 Earnings Release

Related indices

S&P 500

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Income Statement Evolution

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Analysis / Opinion

Brian Moynihan, CEO of Bank of America: Goodbye recession, hello economic resilience

March 19, 2024 at 12:43 pm

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Ratings for Bank of America Corporation

Trading Rating

Investor Rating

ESG Refinitiv

C+

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Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

40.9 USD

Average target price

41.49 USD

Spread / Average Target

+1.44%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

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