Bank Of America Stock Today

BOFA Stock   24.27  0.07  0.29%   

Performance

10 of 100

 
Weak
 
Strong
OK

Odds Of Distress

Less than 9

 
High
 
Low
Low
Bank of America is trading at 24.27 as of the 29th of January 2025, a 0.29% down since the beginning of the trading day. The stock's lowest day price was 24.23. Bank of America has less than a 9 % chance of experiencing financial distress in the next few years and had a ok performance during the last 90 days. The performance scores are derived for the period starting the 1st of October 2024 and ending today, the 29th of January 2025. Click here to learn more.

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Bank Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Bank of America's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Bank of America or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Vice ChairmanPaul Donofrio
Business ConcentrationDiversified Banks, Banks - Diversified, Financial Services, Financials, Banks, Banks-Diversified, Financial Services (View all Sectors)
Bank of America (BOFA) is traded on NEO Exchange in Canada and employs 213,000 people. Bank of America is listed under Diversified Banks category by Fama And French industry classification. The company currently falls under 'Mega-Cap' category with a current market capitalization of 513.1 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Bank of America's market, we take the total number of its shares issued and multiply it by Bank of America's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Bank of America operates under Banks sector and is part of Financials industry. The entity has 19.99 B outstanding shares. Bank of America generates positive cash flow from operations, but has no cash available
Check Bank of America Probability Of Bankruptcy

Bank of America Risk Profiles

Although Bank of America's alpha and beta are two of the key measurements used to evaluate Bank of America's performance over the market, the standard measures of volatility play an important role as well.

Bank Stock Against Markets

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Our tools can tell you how much better you can do entering a position in Bank of America without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Bank of America Corporate Executives

Elected by the shareholders, the Bank of America's board of directors comprises two types of representatives: Bank of America inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Bank. The board's role is to monitor Bank of America's management team and ensure that shareholders' interests are well served. Bank of America's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Bank of America's outside directors are responsible for providing unbiased perspectives on the board's policies.
Michael JooCOO AmericanProfile
When determining whether Bank of America offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Bank of America's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Bank Of America Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Bank Of America Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bank of America. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
For information on how to trade Bank Stock refer to our How to Trade Bank Stock guide.
You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Please note, there is a significant difference between Bank of America's value and its price as these two are different measures arrived at by different means. Investors typically determine if Bank of America is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Bank of America's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.