Zacks.com users have recently been watching Bank of America (BAC) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
The banking sector is facing headwinds and the big bank stock prices are stretched. While the big banks might get reserve requirement relief, that might weaken them by thinning their financial cushions. I have been selling four Globally Systemically Important Bank stocks.
QR code technology is an increasingly popular sign-in method among Bank of America's corporate and commercial clients. The number of business clients using QR sign-in to access the bank's digital banking platform, CashPro, increased by 60% in 2024, Bank of America said in a Tuesday (May 20) press release emailed to PYMNTS.
Moody's downgrades rating on JPM, BAC, WFC, BK and STT after it lowered the U.S. sovereign credit ratings.
The banks are planning to remain on the underwriting team, setting up a nasty confrontation with the committee as CATL begins to sell stock to the public.
The artificial intelligence rally over the past two and a half years, led by the so-called Magnificent 7, was remarkable if you owned those stocks.
BAC is set to open more than 150 financial centers across 60 markets by 2027, to meet growing demand for in-person financial services.
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Bank of America (BAC) have what it takes?
The US tariff announcement in April 2025 caused market volatility, with long-term treasuries still under pressure, presenting a profit opportunity in Bank of America's preferred stocks. Bank of America's preferred stocks BAC-P and BAC-B offer a pair trade opportunity due to deviations in their yield spreads, presenting an appealing potential return. Fitch Ratings affirmed Bank of America's 'AA-' long-term issuer default rating with a stable outlook, highlighting its strong intrinsic profile and consistent strategy.
Bank of America plans to open 150 new locations by the end of 2027. The new locations will be spread across 60 markets, the banking giant said in its announcement Tuesday (May 13).
BAC shares rise 18.2% in a month. Let's have a closer look at how the company will navigate the current ambiguities and performance over the rest of the year.
Somnigroup International Inc. (NYSE:SGI ) Q1 2025 Results Conference Call May 8, 2025 8:00 AM ET Company Participants Aubrey Moore - Investor Relations Scott Thompson - Chairman, President & Chief Executive Officer Bhaskar Rao - Executive Vice President & Chief Financial Officer Conference Call Participants Susan Maklari - Goldman Sachs Bobby Griffin - Raymond James Rafe Jadrosich - Bank of America Peter Keith - Piper Sandler Dan Silverstein - UBS Laura Champine - Loop Capital Brad Thomas - Capital Markets Jonathan Matuszewski - Jefferies William Reuter - Bank of America Operator Good morning, ladies and gentlemen, and welcome to the Somnigroup First Quarter 2025 Earnings Call. [Operator Instructions] This call is being recorded on Thursday, May 8, 2025.