Bank of America Corp is a banks - diversified business with stocks listed in the US. Bank of America shares (BAC) are listed on the NYSE and all prices are listed in US Dollars. Its last market close was US$39.23 – a decrease of 0.73% over the previous week. Here's how to invest if you're based in Australia.
Our top pick for
US stocks
Our top pick for
Copy trading
Our top pick for
Mobile app
Bank of America's shares were split on a 2:1 basis on 29 August 2004. So if you had owned 1 share the day before the split, the next day you would own 2 shares. This wouldn't directly have changed the overall worth of your Bank of America shares – just the quantity. However, indirectly, the new 50% lower share price could have impacted the market appetite for Bank of America shares which in turn could have impacted Bank of America's share price.
| 52-week range | US$24.2822 - US$44.1521 |
|---|---|
| 50-day moving average | US$39.6568 |
| 200-day moving average | US$37.329 |
| Target price | US$45.82 |
| PE ratio | 13.8246 |
| Dividend yield | US$0.96 (2.64%) |
| Earnings per share (TTM) | US$2.85 |
Use the fields above to explore the returns from a historical investment. Please refer to the charts further up this page to see performance over 5 years, or other periods. Past performance doesn't indicate future results. Capital is at risk.
Historical closes compared with the last close of $39.23
| 1 week (2024-09-27) | -0.43% |
|---|---|
| 1 month (2024-09-04) | -3.14% |
| 3 months (2024-07-03) | -4.08% |
| 6 months (2024-04-04) | 6.26% |
| 1 year (2023-10-04) | 51.23% |
|---|---|
| 2 years (2022-10-03) | 26.18% |
| 3 years (2021-10-01) | -8.94% |
| 5 years (2019-10-04) | 38.28% |
The technical analysis gauge below displays real-time ratings for the timeframes you select. However, this is not a recommendation. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
Over the last 12 months, Bank of America's shares have ranged in value from as little as US$24.2822 up to US$44.1521. A popular way to gauge a stock's volatility is its "beta".
Beta measures a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Bank of America's is 1.34. This would suggest that Bank of America's shares are more volatile than the average for this exchange and represent, relatively speaking, a higher risk (but potentially also market-beating returns).
N/A N/ADividend payout ratio: 34.75% of net profits
Recently Bank of America has paid out, on average, around 34.75% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 2.64% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Bank of America shareholders could enjoy a 2.64% return on their shares, in the form of dividend payments. In Bank of America's case, that would currently equate to about $0.96 per share.
While Bank of America's payout ratio might seem fairly standard, it's worth remembering that Bank of America may be investing much of the rest of its net profits in future growth.
Bank of America's most recent dividend payout was on 26 September 2024. The latest dividend was paid out to all shareholders who bought their shares by 5 September 2024 (the "ex-dividend date").
Environmental, social and governance (known as ESG) criteria are a set of three factors used to measure the sustainability and social impact of companies like Bank of America.
When it comes to ESG scores, lower is better, and lower scores are generally associated with lower risk for would-be investors.
Total ESG risk: 34.53
Socially conscious investors use ESG scores to screen how an investment aligns with their worldview, and Bank of America's overall score of 34.53 (as at 12/31/2018) is nothing to write home about – landing it in it in the 55th percentile of companies rated in the same sector.
ESG scores are increasingly used to estimate the level of risk a company like Bank of America is exposed to within the areas of "environmental" (carbon footprint, resource use etc.), "social" (health and safety, human rights etc.), and "governance" (anti-corruption, tax transparency etc.).
Environmental score: 7.74/100
Bank of America's environmental score of 7.74 puts it squarely in the 8th percentile of companies rated in the same sector. This could suggest that Bank of America is a leader in its sector terms of its environmental impact, and exposed to a lower level of risk.
Social score: 23.11/100
Bank of America's social score of 23.11 puts it squarely in the 8th percentile of companies rated in the same sector. This could suggest that Bank of America is a leader in its sector when it comes to taking good care of its workforce and the communities it impacts.
Governance score: 14.68/100
Bank of America's governance score puts it squarely in the 8th percentile of companies rated in the same sector. That could suggest that Bank of America is a leader in its sector when it comes to responsible management and strategy, and exposed to a lower level of risk.
Controversy score: 3/5
ESG scores also evaluate any incidences of controversy that a company has been involved in. Bank of America scored a 3 out of 5 for controversy – a middle-of-the-table result reflecting that Bank of America hasn't always managed to keep its nose clean.
Bank of America Corp was last rated for ESG on: 2019-01-01.
| Total ESG score | 34.53 |
|---|---|
| Total ESG percentile | 54.88 |
| Environmental score | 7.74 |
| Environmental score percentile | 8 |
| Social score | 23.11 |
| Social score percentile | 8 |
| Governance score | 14.68 |
| Governance score percentile | 8 |
| Level of controversy | 3 |
Bank of America Corporation, through its subsidiaries, provides banking and financial products and services for individual consumers, small and middle-market businesses, institutional investors, large corporations, and governments worldwide. It operates in four segments: Consumer Banking, Global Wealth & Investment Management (GWIM), Global Banking, and Global Markets. The Consumer Banking segment offers traditional and money market savings accounts, certificates of deposit and IRAs, non-interest and interest-bearing checking accounts, and investment accounts and products; credit and debit cards; residential mortgages, and home equity loans; and direct and indirect loans, such as automotive, recreational vehicle, and consumer personal loans. The GWIM segment provides investment management, brokerage, banking, and trust and retirement products and services; wealth management solutions; and customized solutions, including specialty asset management services. The Global Banking segment offers lending products and services, including commercial loans, leases, commitment facilities, trade finance, and commercial real estate and asset-based lending; treasury solutions, such as treasury management, foreign exchange, short-term investing options, and merchant services; working capital management solutions; debt and equity underwriting and distribution, and merger-related and other advisory services; and fixed-income and equity research, and certain market-based services. The Global Markets segment provides market-making, financing, securities clearing, settlement, and custody services; securities and derivative products; and risk management products using interest rate, equity, credit, currency and commodity derivatives, foreign exchange, fixed-income, and mortgage-related products. Bank of America Corporation was founded in 1784 and is based in Charlotte, North Carolina.
Looking for the best performing stocks in Australia? We update this list weekly.
Ethical investing is predicted to surge in 2024. Here is what you need to know to be part of this growing trend.
There are 3 main options available to you in Australia if you want to build a portfolio of company stocks
Is online broker Pearler the right choice for you? Find out in this guide to Pearler’s fees and features.
We rate the fees and features of both online brokers.
Here is the essential information you need to know about buying shares for children.
Gain access to the US and Australian markets for less through moomoo share trading accounts.
Find cheap stock brokerage in Australia when buying and selling shares on the ASX and other international exchanges.
Westpac Share Trading allows you to take control of your investments. Find out if its right for you.
What are managed funds? Read our guide and learn the different types of managed funds available.