Bank of America Corporation (BAC)
Warren Buffett bought $90 million of this stock in 30 days
In the second half of 2023, Warren Buffett's extensive selling, particularly of Bank of America (NYSE: BAC) shares, spooked many traders about the state of the economy as the legendary ‘Oracle of Omaha' built a massive cash pile.
Wall Street Brunch: All Aboard The Earnings Train
Major banks like JPMorgan, Wells Fargo, and Citigroup report earnings this week. December CPI and PPI reports are pivotal, with potential Fed implications; inflation remains a significant concern amid economic policy shifts.
Bank of America Q4 Preview: AI Job Cuts Are Big
Bank of America shares have outpaced the market, driven by anticipated regulatory easing post-2024 US Presidential election. AI is expected to significantly reduce costs and boost profits, potentially adding $17.37 billion annually by 2027. Q4 earnings are anticipated to act as a catalyst, showcasing the initial impact of AI cost cuts on the bank's bottom line.
Bank Of America: 6% Yield On Preferred Shares, Still Interesting Despite Low Mark-Up
Bank of America Corporation remains financially robust with a strong balance sheet and substantial earnings, despite a slight increase in non-performing loans. The Series L preferred shares offer a 6% yield and low conversion risk, making them attractive for income-oriented portfolios. The current market conditions and potential future interest rate cuts make locking in the 6% yield on preferred shares advantageous.
How To Earn $500 A Month From Bank of America Stock Ahead Of Q4 Earnings
Bank of America Corporation BAC will release earnings for its fourth quarter, before the opening bell on Thursday, Jan. 16.
Bank of America (BAC) to Announce Hefty Bonus for Investment Bankers
After a surprisingly successful year for the financial sector, BAC is set to announce double-digit bonus payouts to its investment bankers.
Bank of America bonuses for investment bankers to rise about 10%, source says
Bank of America's bonus pool for investment bankers will probably rise 10% for last year, a source familiar with the matter told Reuters.
Options Corner: BAC, PNC, XLF
Today's Options Corner looks at real-life trades in Bank of America (BAC), PNC Financial (PNC), and the SPDR S&P Financial Sector ETF (XLF) ahead of big banks reporting earnings next week. Rick Ducat walks through the options strategies and what the traders might be thinking.
Bank of America (BAC) Increases Despite Market Slip: Here's What You Need to Know
Bank of America (BAC) reachead $46.08 at the closing of the latest trading day, reflecting a +1.5% change compared to its last close.
Bank of America (BAC) Rises Higher Than Market: Key Facts
Bank of America (BAC) closed at $45.40 in the latest trading session, marking a +1.32% move from the prior day.
Bank of America (BAC) Earnings Expected to Grow: What to Know Ahead of Q4 Release
Bank of America (BAC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Bank of America Corporation (BAC) is Attracting Investor Attention: Here is What You Should Know
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.
