Bank of America Corporation (BAC)
Bank of America Corporation (BAC) is Attracting Investor Attention: Here is What You Should 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.
Wall Street expert says Nvidia stock is undervalued
Although Nvidia (NASDAQ: NVDA) stock hit a new record high early this week, Bank of America (NYSE: BAC) Semiconductor Analyst Vivek Arya has maintained that the semiconductor giant remains ‘undervalued,' especially compared to its peers.
Bank of America CEO Brian Moynihan on Australia, US Economy, Fed
Bank of America Corp. Chief Executive Officer Brian Moynihan discusses the state of the US economy, capital markets and Federal Reserve policy. He speaks on "Bloomberg: The Asia Trade" in Sydney during his first trip to Australia, where the bank is marking 60 years of business.
Bank of America: Buffett Selling Should Not Distract From Preferred Share
Bank of America's preferred shares offer attractive fixed dividend yields, especially BAC.PB and BAC.PK, despite loan performance challenges and Warren Buffett selling common shares. The bank's net interest income remains strong, with loans generating more interest income, although higher interest expenses persist. Bank of America's loan growth outpaces the commercial banking sector, and they have maintained a low loan to deposit ratio since the pandemic.
Big Banks Report
We also kick off a series exploring Warren Buffett's Berkshire Hathaway.
BofA extends guaranteed FX rate window to a year
Bank of America on Monday extended its guaranteed exchange rates by up to one year, the longest tenor in the industry, in an effort to reduce the risks to cross-currency transactions amid rising volumes.
Warren Buffett Dumps Nearly $10 Billion of 1 Key Stock and Buys $345 Million of His Favorite Stock. Here's What You Need to Know.
Why is Buffett quietly offloading a significant chunk of Berkshire Hathaway's long-held stake in Bank of America?
Bank of America may be looking to drop longtime CEO Brian Moynihan
Inside Bank of America the troops are getting restless, and for plenty of reasons. Culturally, Brian Moynihan is an odd fit for an outfit that's based on wheeling and dealing.
Bank Of America: A 6% Preferred Dividend Yield Remains Attractive
Bank of America's Q3 results show solid net interest income and well-covered preferred dividends, with a net profit of $6.9B and EPS of $0.816. The bank's CET1 ratio remains stable at 11.8%, despite dividend payments and stock buybacks, indicating strong financial health. The Series GG preferred shares offer a 6% yield but carry an imminent call risk, making them less attractive for new investments.
Berkshire Sold Bank of America Stock Again. Here's Why.
The sale brought the firm's stake back below 10%.
Big Bank Stocks Climb. 3 Stocks to Consider Adding to Your Portfolio.
Big banks should see NII start to improve as the yield curve normalizes.
Buffett's Berkshire continues to reduce Bank of America stake
Billionaire Warren Buffett's Berkshire Hathaway has unloaded more Bank of America stock as it continues to trim stake in the U.S. banking giant, according to a regulatory filing.
