Bank of America Corporation (BAC)
Bank of America: NII Growth Poised To Accelerate
Bank of America crushed Q4 profit estimates, driven by investment banking and a cautious central bank rate-cutting strategy, positioning it for potential re-rating higher. With deposits at a record $1.97 trillion and growing loans, BAC is poised for robust NII growth in 2025. The Company is undervalued relative to Wells Fargo, with a potential intrinsic value of $56 if it re-rates to WFC's book value multiple.
Is Bank of America a Millionaire Maker?
You might know Bank of America (BAC 0.28%) as one of the world's largest financial institutions. It is a well-known consumer-facing bank with over $3.2 trillion in assets today.
Above-Average Growth And Quality At Bank of America, At A Reasonable Price (Rating Upgrade)
Q4 results were mixed, with strong lending growth but weaker margins and higher operating costs than expected, leading to a miss in pre-provision profits. The macro environment is improving, and a stronger economy and less onerous regulation coupled with market share gains could set the stage for significant earnings acceleration. A significant consent order from the OCC poses unwelcome challenges, as does intense competition from other large banks in lending, deposit gathering, and services, but these challenges look manageable.
Here is What to Know Beyond Why Bank of America Corporation (BAC) is a Trending Stock
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.
Trump bashes CEOs of America's 2 biggest banks in front of Davos crowd
Gov. Kelly Armstrong, R-N.D., reacts to President Trump demanding lower oil prices from Saudi Arabia on 'Making Money.
Trump Says JPMorgan, Bank of America Won't Do Business With Conservatives
Big U.S. banks found themselves on the defensive Thursday, with Bank of America saying it doesn't have a “political litmus test” for clients after President Trump suggested that leading financial institutions weren't letting conservatives do business with them.
Trump alleges Bank of America and JPMorgan are refusing to work with conservatives
US President Donald Trump on Thursday accused the leaders of Bank of America and JPMorgan Chase of denying banking services to conservatives. Speaking via video link at the World Economic Forum in Davos, Switzerland, Trump addressed an audience of global corporate leaders and criticized the banks, suggesting they were sidelining conservative clients.
Trump to Bank of America CEO: 'I hope you start opening your bank to conservatives'
Speaking to Bank of America chairman and CEO Brian Moynihan at the World Economic Forum, President Donald Trump on Thursday took aim at big banks, which he said were refusing service to conservatives.
Trump Asks BofA's Moynihan to Open Bank to Conservatives
"I hope you start opening your bank to conservatives,” US President Donald Trump says in response to a question from Bank of America CEO Brian Moynihan during the World Economic Forum in Davos, Switzerland. Sign up for the Washington Edition newsletter to find out how the worlds of money and politics intersect in the US capital: Click Here -------- More on Bloomberg Television and Markets Like this video?
Bank of America (BAC) Is Up 3.15% in One Week: What You Should Know
Does Bank of America (BAC) have what it takes to be a top stock pick for momentum investors? Let's find out.
Is Bank of America Stock Going to $53? 1 Wall Street Analyst Thinks So.
Bank of America (BAC -0.77%) stock had quite a good 2024, cruising more than 30% higher in price to notch a convincing beat over the bellwether S&P 500 index. There are more prosperous times in store for the ubiquitous bank, if a recent and bullish analyst take proves to be accurate.
Ignore Buffett And Buy Bank of America (Technical Analysis)
Ignore Warren Buffett's recent sale of Bank of America stock; technicals are bullish, and the stock is undervalued based on P/E and P/B ratios. BofA's chart shows a strong uptrend with multiple support levels and minimal resistance, indicating further gains are likely. Moving averages and Bollinger Bands confirm long-term strength and bullish momentum, despite mixed signals from MACD and stochastics.
