BANK OF AMERICA CORPORATION Last 5 Year Stock Graph
The above graph shows the monthly share price for Bank Of America Corporation over the graph period. The share price tells us how much it would cost to buy one share in the company and the graph highlights recent trends.
The corporate moniker is Bank Of America Corporation, and the company was formed in 1998. The official company profile is as follows: Bank of America Corporation is a bank holding company and a financial holding company. Its segments include Consumer Banking, Global Wealth & Investment Management (GWIM), Global Banking and Global Markets. Consumer Banking segment offers a range of credit, banking and investment products and services to consumers and small businesses. The GWIM includes two businesses: Merrill Wealth Management, which provides tailored solutions to meet clients’ needs through a full set of investment management, brokerage, banking and retirement products and Bank of America Private Bank, which provides comprehensive wealth management solutions. Global Banking segment provides a range of lending-related products and services, integrated working capital management and treasury solutions, and underwriting and advisory services. Global Markets segment offers sales and trading services and research services to institutional clients across fixed-income, credit, currency, commodity, and equity businesses. The company is considered one of the world’s largest corporations, with a market capitalization to match, the market cap is 226074283400. This figure is calculated by multiplying the quantity of shares in circulation by the current share price, giving an estimate of the company’s market worth.
Bank Of America Corporation – Financial Overview
The company is currently trading at -35.68% below its 52-week high. The 52 week high provides interested parties with the idea of how much the security has moved in the last year and whether it is trading near this high.
The price to earnings ratio of the company is 8.1878, this number indicates the amount a company earns compared to the price it costs to buy the company. Some investors would see a low price to earnings ratio provides as providing value. Analysts will usually compare price to earnings ratio of companies within the same industry group. Companies with high price to earnings ratio are considered as growth stocks, whilst companies with low price to earnings ratio are considered as value stocks. The beta of Bank Of America Corporation is 1.3857, this is a technical term for the level of volatility a company has when compared to the overall market. The S&P 500 has a beta of 1, so stocks with beta values greater than 1 tend to move with more momentum when compared to the overall stock market and is therefore more volatile than the overall stock market. Whilst betas of less than 1 signal that the stock is less volatile than the market and may be safer, in times of uncertainty, certain investors will increase the number of stocks that have betas less than one.
Bank Of America Corporation – Investment Profits
If you would have invested $100 in BANK OF AMERICA CORPORATION 5 years ago today, you would have made a loss of $-7.9.
Bank Of America Corporation – Key Metrics Updated Daily
Official Name Bank Of America Corporation
52 Week High: 38.6
52 Week Low: 26.32
Number of Employees: 216000
Exchange: New York Stock Exchange
Headquarters: Bank Of America Corporate Center, 100 N Tryon St, CHARLOTTE, NC, 28255 US
Industry: Banking Services
Year incorporated: 1998
Bank Of America Corporation – What to look out for in 2023
Top 10 key bullet points that investors should look out for when investing in Bank of America: