What time does BAC report earnings?
Earnings announcement* for BAC: Jul 13, 2022 Bank of America Corporation is estimated to report earnings on 07/13/2022. The upcoming earnings date is derived from an algorithm based on a company’s historical reporting dates.
Should I invest in Bank of America right now?
Summary. Bank of America is poised to benefit from the rising interest rate environment. The company also has strong loan growth prospects. The stock is trading at 13.32x FY22 EPS estimate and 11.41x FY23 EPS estimate and I believe it is a good buy at the current level.
How is Bank of America doing financially?
RANK36. A booming year for banks boosted Bank of America, which saw its stock surge nearly 40% over the course of 2021 as it racked up $22 billion in profit. Rising asset-management and brokerage fees helped grow the bank’s wealth management division’s revenue 16%, to $5.6 billion.
Is BAC on Nasdaq?
Bank of America Corporation Common Stock (BAC) Stock Price, Quote, News & History | Nasdaq.
Is BAC expected to beat earnings?
The market expects Bank of America (BAC) to deliver a year-over-year decline in earnings on higher revenues when it reports results for the quarter ended March 2022.
What to expect from Bank of America earnings?
Revenue of $23.2 billion came in slightly above estimates of $23.1 billion. Net income was $7.1 billion, 12% lower than for the first quarter of 2021.
Will BAC dividend increase in 2022?
CHARLOTTE, N.C., April 27, 2022 /PRNewswire/ — Bank of America Corporation today announced the Board of Directors declared a regular quarterly cash dividend on Bank of America common stock of $0.21 per share, payable on June 24, 2022 to shareholders of record as of June 3, 2022.
Where Will Bank of America be in 5 years?
Bank of America is expected to achieve a decent earnings CAGR of +6.5% between fiscal 2022 and 2026, based on data sourced from Seeking Alpha’s Earnings Estimates page.
Is Bank of America prestigious?
BofA is one of the world’s largest and most highly respected financial institutions. It’s also one of the world’s most socially-conscious financial firms.
Who owns Bank of America?
Berkshire HathawayBank of America / Owner
How many shares of BAC are there?
Bank Of America shares outstanding for the quarter ending March 31, 2022 were 8.202B, a 6.32% decline year-over-year. Bank Of America 2021 shares outstanding were 8.558B, a 2.71% decline from 2020. Bank Of America 2020 shares outstanding were 8.797B, a 6.84% decline from 2019.