{
}
Bank of America has a dividend payout ratio of 32.30% and recently announced a quarterly dividend of $0.26 per share, yielding 2.52%. Analysts have mixed ratings on the stock, with a consensus price target of $48.45, while institutional investors hold 70.71% of its shares. The stock opened at $41.24, with a one-year range of $34.15 to $48.08.
Bank of America reported a quarterly EPS of $0.82, surpassing estimates, with revenue of $25.30 billion, a 15% year-over-year increase. The firm announced a quarterly dividend of $0.26, yielding 2.52%, and has a Moderate Buy rating from analysts, with a consensus target price of $48.45. The stock opened at $41.24, with a 52-week range of $34.15 to $48.08.
Bank of America (NYSE:BAC) recently declared a quarterly dividend of $0.26 per share, with an ex-dividend date of March 7th, reflecting a 2.52% yield. Analysts have mixed ratings on the stock, with a consensus of "Moderate Buy" and an average target price of $48.45. Institutional investors hold 70.71% of the company's shares, and the stock has seen a 3.1% decline, opening at $41.24.
Bank of America reported a quarterly revenue of $25.30 billion, exceeding expectations, with a net margin of 14.10% and a return on equity of 10.29%. The firm announced a quarterly dividend of $0.26, yielding 2.52%, and has a payout ratio of 32.30%. Analysts project an EPS of 3.7 for the current fiscal year, while the stock holds a "Moderate Buy" rating with a target price averaging $48.45.
HSBC has lowered its price target for Bank of America from $53 to $51 while maintaining a Buy rating. The banking group operates across five segments: commercial banking (58.6% of Net Interest Income), business and investment banking (25.5%), wealth and asset management (12.4%), market banking (2.9%), and other (0.6%). As of the end of 2023, Bank of America managed USD 1,923.8 billion in current deposits and USD 1,053.7 billion in current credits.
ING is reportedly exploring a potential acquisition of Italian bank Popolare di Sondrio as part of its European expansion strategy. Preliminary discussions have taken place, but success is uncertain, especially with BPER Banca's existing €4.3 billion offer. Sondrio has engaged Bank of America and Morgan Stanley for defense and plans to redistribute €1.5 billion to shareholders to deter hostile bids.
Warren Buffett has sold or reduced positions in at least 12 stocks over the past six months, including complete exits from the SPDR S&P 500 ETF, Vanguard S&P 500 ETF, and Ulta Beauty. His recent moves reflect a diminished confidence in bank stocks and certain telecommunications and media companies, alongside concerns over DaVita's legal issues. Investors should consider their own financial needs and the changing fundamentals of these stocks before making any decisions.
Bank of America Co. reported a quarterly EPS of $0.82, exceeding estimates, with revenues of $25.30 billion, up 15% year-over-year. The company announced a quarterly dividend of $0.26, yielding 2.52%, and has a Moderate Buy rating from analysts, with a consensus price target of $48.45. Institutional investors hold 70.71% of the stock, reflecting strong interest in the financial services provider.
Bank of America forecasts a 16% increase in global gold prices, potentially reaching USD 3,500 per ounce within 18 months, driven by a 10% rise in non-commercial purchases. Key factors include increased investment from China's insurance sector and central banks raising gold reserves from 10% to over 30%. Retail investors are also contributing, with a 4% year-on-year rise in assets in gold ETFs across major regions, amid economic uncertainties and concerns over U.S. trade policies.
Access to the page has been denied. However, Bank of America remains a fair investment option, although it is preparing for potential economic downturns. The company is navigating challenges while maintaining its valuation amidst recession concerns.
Bank of America Corporation
Companies
The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
bank of america receives mixed analyst ratings amid dividend announcement
13:12 31.03.2025
bank of america reports strong earnings and announces quarterly dividend
12:58 31.03.2025
bank of america announces dividend and receives mixed analyst ratings
12:40 31.03.2025
bank of america reports strong quarterly earnings and announces dividend payout
12:23 31.03.2025
hsbc lowers bank of america price target while maintaining buy rating
12:21 31.03.2025
ing explores acquisition of italian bank popolare di sondrio for expansion
Euro
Banca Popolare di Sondrio S.p.A
Morgan Stanley
Banco de Sabadell, S.A.
Unipol Comp.1 Obbl Misto Euro
ING Groep N.V.
Bank of America Corporation
BPER Banca SpA
ITA
NLD
Sylvain Perret
Carlo Cimbri
Show more
12:10 31.03.2025
warren buffett reduces stakes in multiple stocks amid changing market outlook
Capital One Financial Corporation
T-Mobile US, Inc.
Berkshire Hathaway Inc.
LOUISIANA PACIFIC CORP. R
DaVita Inc.
Charter Communications, Inc.
Bank of America Corporation
Citigroup Inc.
USA
Warren Buffett
Show more
12:08 31.03.2025
bank of america reports strong earnings and dividend amid analyst upgrades
12:02 31.03.2025
Bank of America forecasts significant rise in global gold prices by 2026
11:45 31.03.2025
bank of america maintains fair valuation amid recession concerns
11:37 31.03.2025
Trending
Subcategory
Corporate News
Stock Market Updates
Industry Trends
Banking Regulations
Finance Mergers & Acquisitions
Global Financial Events
Retail and Consumer Goods
CEO Changes
Industry Mergers & Acquisitions
Central Bank Actions
Global Trade Developments
GDP Growth & Recession Forecasts
Financial Scams and Security
Market Analysis and Predictions
Inflation and Monetary Impact
Workplace Trends
Government Policies
Government Economic Policies
Startups & Entrepreneurship
Supply Chain Management
Countries:
Companies:
The Goldman Sachs Group, Inc.
JPMorgan Chase & Co.
Tesla, Inc.
Apple Inc.
Barclays PLC
Bank of America Corporation
Wells Fargo & Company
Citigroup Inc.
Deutsche Bank Money Market PP
Morgan Stanley
Huawei Technologies CO. Ltd.
Lloyds Banking Group plc
Credit Suisse Lux Digital Healt
Banco Santander, S.A.
Microsoft Corporation
BNP Paribas SA
UBS Group AG
UniCredit S.p.A.
Amazon.com, Inc.
HSBC Holdings plc
Currencies:
United States Dollar
Euro
Chinese Yuan
British Pound Sterling
Swiss Franc
Japanese Yen
Indian Rupee
Russian Ruble
Australian Dollar
Canadian Dollar
United Arab Emirates Dirham
Indonesian Rupiah
Saudi Riyal
South Korean Won
Danish Krone
Offshore Chinese Yuan
Turkish Lira
Hong Kong Dollar
Mexican Peso
Malaysian Ringgit
People: