Bank of America's NII is climbing on asset repricing and loan growth, but looming Fed rate cuts may slow the pace.
Bank of America is undervalued despite strong fundamentals, offering a rare opportunity as management launches a historic $40 billion buyback and 8% dividend increase. The bank's diversified, digitally enabled business model and structural deposit advantage drive resilient earnings and support aggressive capital returns. Regulatory improvements, robust capital strength, and consistent profitability underpin management's confidence and enable sustained shareholder payouts.
BAC's slow 2025 start contrasts with peers. Will branch expansion, tech upgrades and a $40B buyback boost long-term appeal?
There are typically two ways for investors to see the benefits of stock investing. One of them (and the most common) is buying low and selling high for a profit.
Recently, Zacks.com users have been paying close attention to Bank of America (BAC). This makes it worthwhile to examine what the stock has in store.
Andrew Ross Sorkin sits down with Brian Moynihan, Bank of America CEO, to discuss outlooks on the economy, consumer behavior, and much more.
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?
Bank of America CEO Brian Moynihan said there must be better ways to collect employment data after President Trump fired the BLS commissioner following a weak jobs report.
Watch more: BofA: Working Capital Efficiency Becomes Survival Tactic in Wait-and-See Economy Global trade makes the world go 'round, but the world's macro issues can send that same trade to a screeching halt. “We're here to facilitate global commerce.
With Q2 earnings season now in full swing, hundreds of companies have reported financial results over the past several weeks. However, only a few big names have announced something many investors want: increasing buybacks.
Shares of Bank of America (NYSE: BAC) gained 2.33% over the past month, bringing its year-to-date gain to 15.02%.
Bank of America's preferred dividends remain well-covered, with less than 5% of net profit needed to service them, ensuring strong income security. The Series GG preferred shares offer a nearly 6% yield, and post ex-dividend, the effective yield rises above 6%, making them attractive for income investors. Despite call risk, BAC has not redeemed these preferreds, suggesting they may remain outstanding due to the reasonable cost of equity for the bank.