BAC Stock Recent News

BAC LATEST HEADLINES

BAC Stock News Image - Zacks Investment Research

BofA's (BAC) CFO believes that robust consumer spending has reduced the likelihood of a recession in the United States. He reiterates the third-quarter net interest income outlook.

Zacks Investment Research 2023 Sep 21
BAC Stock News Image - Reuters

A U.S. federal judge on Thursday said American cities may pursue class-action claims accusing eight large banks of driving up interest rates they paid on a popular municipal bond.

Reuters 2023 Sep 21
BAC Stock News Image - Zacks Investment Research

Why investors should use the Zacks Earnings ESP tool to help find stocks that are poised to top quarterly earnings estimates.

Zacks Investment Research 2023 Sep 19
BAC Stock News Image - Zacks Investment Research

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.

Zacks Investment Research 2023 Sep 18
BAC Stock News Image - PYMNTS

Bank of America has unveiled a platform to help business clients digitize trade finance. The company's CashPro Supply Chain Solutions tool is designed to offer supply chain participants “improved process efficiency and working capital optimization,” Bank of American said in a Monday (Sept. 18) press release.

PYMNTS 2023 Sep 18
BAC Stock News Image - Seeking Alpha

Bank of America's stability and financial health in the current economic environment is reassuring, with solid credit quality and cautious client spending despite some economic uncertainties. The bank faces challenges like declining net interest income due to an inverted yield curve and potential risks related to rising interest rates and economic indicators pointing towards elevated unemployment. While Bank of America appears to be trading below its fair value, investing in non-bank alternatives with similar yields may come with a better risk/reward.

Seeking Alpha 2023 Sep 15
BAC Stock News Image - Seeking Alpha

Bank of America Corporation stock has underperformed its peers and JPMorgan Chase since late July, despite posting strong Q2 performance. The market has derated Bank of America downward to reflect higher execution risks as interest rate tailwinds are expected to peak. The risks of higher capital requirements likely worried investors, coupled with its HTM securities in its balance sheet.

Seeking Alpha 2023 Sep 15
BAC Stock News Image - Seeking Alpha

Bank of America (BAC) is in a similar situation to 2017, and current buyers could benefit from future capital gains and dividend increases. BAC has made progress and growth over the last decade, and concerns about the recent banking crisis and raising rates are temporary. BAC's extensive reach, client acquisition engine, and active management of credit card debt indicate a potential for growth and stability.

Seeking Alpha 2023 Sep 15
BAC Stock News Image - Zacks Investment Research

BofA (BAC) will waive the $4.95 monthly fee for accounts with a minimum daily balance of $500 or more starting this November.

Zacks Investment Research 2023 Sep 14
BAC Stock News Image - InvestorPlace

If you're looking for financial services stocks to buy, look no further. Bank stocks have underperformed by a wide margin this year.

InvestorPlace 2023 Sep 14
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