"We've got an opportunity to restrike our balance sheet at higher rates with every opportunity now, as things come off of our existing securities portfolio. "The Smithsonian is honored to join the Urban Alliance in building a diverse talent pipeline to build the next-generation workforce," said Monique Chism, Under Secretary for Education "The Smithsonian Institution is the world's largest museum complex,and students will have a unique experience that sparks curiosity and develops transferable skills.". The company serves clients through operations across the United States, its territories and approximately 35 countries. Any opinions expressed herein are given in good faith, are subject to change without notice, and are only correct as of the stated date of their issue. Fidelity Investments offers Financial Planning and Advice, Retirement Plans, Wealth Management Services, Trading and Brokerage services, and a wide range of investment products including Mutual Funds, ETFs, Fixed income Bonds and CDs and much more. 2 Bank Stocks to Buy Before the Bear Market Is Over, Trenton Health Team and Interfaith Neighbors Awarded Funding and Training as 2022 Bank of America Neighborhood Builders, WhyBank of America Stock Was Falling Today, Bank of America stock plunges, leading selloff in shares of largest U.S. banks, Trading Poised to Finish the Year Hot at Bank of America, Heres What Makes Bank of America Corporation (BAC) a Strong Investment Avenue, Bank of America Announces Redemption of 3.004% Fixed/Floating Rate Senior Notes Due December 2023, Bank of America Corporation's (NYSE:BAC) recent 4.3% pullback adds to one-year year losses, institutional owners may take drastic measures, Bank of America CEO Is Hopeful That an Upcoming Recession Will Be Mild, 73% of Warren Buffett's Portfolio Is in These 5 Stocks as 2022 Winds Down, Bank of America (BAC) Dips More Than Broader Markets: What You Should Know, Big banks announce plans to cut back on end-of-year bonuses, Biggest Wall Street Banks Are Slashing Bonuses by as Much as 30%, JPMorgan, BofA and Citi to slash banker bonuses - Bloomberg Law, Bank of America, other financial giants discuss refund plan for Zelle customer fraud victims. Bank of America Corporation today announced the Board of Directors has authorized regular cash dividends on the outstanding shares or depositary shares of the following series of preferred stock: Securities, strategic advisory, and other investment banking activities are performed globally by investment banking affiliates of Bank of America Corporation ("Investment Banking Affiliates"), including, in the United States, BofA Securities, Inc., Merrill Lynch, Pierce, Fenner & Smith Incorporated, and Merrill Lynch Professional Clearing Corp., all of which are registered broker-dealers and Members ofSIPC, and, in other jurisdictions, by locally registered entities. The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. Site web: www.centrealmouna.org. Everyone deserves to feel financially secure. Al Mouna aide chacun tre fier de sa culture particulire. Get stock ideas, investing tips, and perspective. The historical dividend information provided is for informational purposes only, and is not intended for trading purposes. The final prospectus supplement for each series, if available, is hyperlinked in first column of the table above. This material does not take into account your particular investment objectives, financial situations or needs and is not intended as a recommendation, offer or solicitation for the purchase or sale of any security, financial instrument, or strategy. The newly created Andrew Plepler Internship Program will provide paid internships at Smithsonian museums and locations for 45 high school students from communities of color across Greater Washington, DC. I want to buy a house. This was an even higher gain than management had expected in its guidance. var prefix = 'ma' + 'il' + 'to'; The final prospectus supplement for each series, if available, is hyperlinked in first column of the table above. The S&P 500 was up 8% and the Nasdaq Composite gained 3.9% in October. Bank of America is still pretty cheap and is a good buy right now, as NII should carry it until economic and market growth start to kick in. Bank of America Corporation stock (NYSE: BAC) is listed on the New York Stock Exchange. Making sense of the latest news in finance, markets and policy and the power brokers behind the headlines. "We are excited to be working alongside the Smithsonian to further connect young people to paid work experiences.". BofA is offering zero-down-payment, zero-closing cost mortgages for minority communities here's what you need to know about the program, Bank of America CEO Brian Moynihan on strategy for reducing headcount, 59% of Warren Buffett's Portfolio Is Invested in Just 3 Stocks, Bank of America promotes Jim Morehead to Seattle market president, Bank of America (BAC) Stock Sinks As Market Gains: What You Should Know, Bank of America Chicago Marathon Set to Welcome 45,000 Participants for 45th Anniversary Event, BofA Survey: 70% of Gen X and Baby Boomers Retiring in the Home They Own, BofA Data Finds Consumers Proved Resilient in 2022 and Poised to Start 2023 in Decent Financial Shape, As Bank of America Corporation's (NYSE:BAC)) market cap dropped by US$41b, insiders who sold US$831k worth of stock were able to offset their losses. The dividend is payable on September 30, 2022 to shareholders of record as of September 2, 2022. //--> 5.9%of this Bank of America Corporation (NYSE:BAC) insider's holdings were sold in the last year, Bank of America's Seattle market president departs, Netflix stock pops on double upgrade from Bank of America, Bank of America Corporation (BAC) is Attracting Investor Attention: Here is What You Should Know, Mortgage Rates Are High Because Nobody Is Buying Mortgages, Berkshire Hathaway Bought $9 Billion in Stock in Third Quarter, Top 4 Mutual Fund Holders of Bank of America, 7 Cheap Blue-Chip Stocks to Buy Before They Rebound. Bank of America Corporation today announced the Board of Directors declared a regular quarterly cash dividend on Bank of America common stock of $0.22 per share, up $0.01 from the prior quarter. Le Centre Al Mouna cr en 1986 est une association but non lucratif ayant pour objectif de: Promouvoir, sans distinction d'origines culturelles, religieuses ou politiques, les rlations entre Tchadiens. To read this article on Zacks.com click here. The Star Online delivers economic news, stock, share prices, & personal finance advice from Malaysia and world. (1) Each series of preferred stock was issued by Bank of America Corporation (the "Corporation"). Bank & Loans. As part of the Zacks Style Scores system, the Zacks Value Style Score (which evaluates both traditional and unconventional valuation metrics) organizes stocks into five groups ranging from A to F (A is better than B; B is better than C; and so on), making it helpful in identifying whether a stock is overvalued, rightly valued, or temporarily undervalued. The big banks are the first to report every quarter and are often seen as a bellwether for the market. The chart below shows the evolution of the company's forward 12-month consensus EPS estimate: Even though a company's earnings growth is arguably the best indicator of its financial health, nothing much happens if it cannot raise its revenues. "Andrew has built a career that combines his professional expertise with his passion for creating meaningful opportunities for young people to build their own careers," said Larry Di Rita, President, Bank of America Washington, DC. Bank of America Corporation stock (NYSE: BAC) is listed on the New York Stock Exchange. Statistics and metrics included in our ESG documents are estimates and may be based on assumptions or developing standards. Price as of December 9, 2022, 4:00 p.m. With an impressive externally audited track record, our proprietary stock rating tool -- the Zacks Rank -- is a more conclusive indicator of a stock's near-term price performance, as it effectively harnesses the power of earnings estimate revisions. Certain links may direct you away from Bank of America to an unaffiliated site. Get stock ideas, investing tips, and perspective. Everyone deserves to feel financially secure. Fidelity Investments offers Financial Planning and Advice, Retirement Plans, Wealth Management Services, Trading and Brokerage services, and a wide range of investment products including Mutual Funds, ETFs, Fixed income Bonds and CDs and much more. Bank of America is expected to post earnings of $0.86 per share for the current quarter, representing a year-over-year change of +4.9%. *Average returns of all recommendations since inception. Loan and lease balances remained high, up 12% to $1 trillion, spurred by strong commercial loan growth and higher credit card balances. The eastern portion of the Bank of America franchise can be traced to 1784, when Massachusetts Bank was chartered, the first federally chartered Making sense of the latest news in finance, markets and policy and the power brokers behind the headlines. BofA Securities, Inc., Merrill Lynch, Pierce, Fenner & Smith Incorporated and Merrill Lynch Professional Clearing Corp. are registered as futures commission merchants with the CFTC and are members of the NFA. For more Bank of America news, including dividend announcements and other important information, visit the Bank of America newsroom and register for email news alerts. Should I use all my inheritance for a down payment? Bank of America reported revenues of $24.5 billion in the last reported quarter, representing a year-over-year change of +7.6%. Join Nearly 1 Million Premium Members And Get More In-Depth Stock Guidance and Research, Motley Fool Issues Rare All In Buy Alert, better-than-expected third-quarter earnings report, Copyright, Trademark and Patent Information. Bank of America is one of the world's leading financial institutions, serving individual consumers, small and middle-market businesses and large corporations with a full range of banking, investing, asset management and other financial and risk management products and services. Since 1996, Urban Alliance has connected more than 6,000 young people to paid internships and 23,000 more with workforce training and professional development. Bank of America has benefited from higher interest rates and should be able to navigate a mild recession or economic downturn. jonathan.blum@bofa.com, Christopher P. Feeney, Bank of America Investopedia is the world's leading source of financial content on the web, ranging from market news to retirement strategies, investing education to insights from advisors. Phone: 1.980.386.6794 Bank of America offers industry-leading support to approximately 3 million small business households through a suite of innovative, easy-to-use online products and services. The Federal Reserve System (also known as the Federal Reserve or simply the Fed) is the central banking system of the United States of America.It was created on December 23, 1913, with the enactment of the Federal Reserve Act, after a series of financial panics (particularly the panic of 1907) led to the desire for central control of the monetary system in order to alleviate View Bank of America Corporation BAC investment & stock information. Etre un lieu d'accueil, de dialogue et de rencontres entre les diverses composantes de la socit tchadienne. Therefore, knowing a company's potential revenue growth is crucial. A higher fair value than the current market price drives investors' interest in buying the stock, leading to its price moving higher. Why Is Bank of America (BAC) Up 8.1% Since Last Earnings Report? Although media reports or rumors about a significant change in a company's business prospects usually cause its stock to trend and lead to an immediate price change, there are always certain fundamental factors that ultimately drive the buy-and-hold decision. This program is in addition to the 500 Urban Alliance interns the bank has hosted over the past 10 years. We help more people save through partnerships with leading financial institutions and state governments. Vous devez activer le JavaScript pour la visualiser. That's because we believe the present value of its future stream of earnings is what determines the fair value for its stock. Plepler, Bank of America Global Head of Environmental, Social, and Governance, has connected high school students with early-career internship experiences since serving as an attorney with the U.S. Department of Justice in 1996. For more Bank of America news, including dividend announcements and other important information, visit Bank of America newsroom and register for email news alerts. Merrill Lynch, Pierce, Fenner & Smith Incorporated (also referred to as MLPF&S or Merrill) makes available certain investment products sponsored, managed, distributed or provided by companies that are affiliates of Bank of America Corporation (BofA Corp.). Divide stock price by per-share earnings and you get a multiple that tells you how highly the market values the companys current earnings. Equal Housing Lender 5. Get the latest Bank of America Corporation BAC detailed stock quotes, stock data, Real-Time ECN, charts, stats and more. Over the last four quarters, Bank of America surpassed consensus EPS estimates three times. Reporters May Contact: Susan Atran, Bank of America Phone: 1.917.861.6882 One hundred percent of Urban Alliance interns graduate from high school with a post-high school plan, and 88% of students plan to attend college. Jonathan G. Blum, Bank of America (Fixed Income). Investopedia is the world's leading source of financial content on the web, ranging from market news to retirement strategies, investing education to insights from advisors. Insider Monkey Fortune. An envelope. History. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this. But that is a balance that could shift as we head into 2023. Cette adresse e-mail est protge contre les robots spammeurs. Divide stock price by per-share earnings and you get a multiple that tells you how highly the market values the companys current earnings. Bank of America offers industry-leading support to approximately 3 million small business households through a suite of innovative, easy-to-use online products and services. I want to buy a house. The Star Online delivers economic news, stock, share prices, & personal finance advice from Malaysia and world. Bank of America offers industry-leading support to approximately 3 million small business households through a suite of innovative, easy-to-use online products and services. An envelope. View Bank of America Corporation BAC investment & stock information. For example, these agencies will be prohibited from any financing for coal-fired power plants so that U.S. finance is no longer a dirtier alternative to the World Bank. Should You Buy the 5 Highest-Paying Dividend Stocks in the S&P 500? Today, you can download 7 Best Stocks for the Next 30 Days. For more Bank of America news, including dividend announcements and other important information, visit the Bank of America newsroom and register for news email alerts. Compared to the Zacks Consensus Estimate of $23.6 billion, the reported revenues represent a surprise of +3.84%. The facts discussed here and much other information on Zacks.com might help determine whether or not it's worthwhile paying attention to the market buzz about Bank of America. if necessary, seek professional advice. Bank of America has benefited from higher interest rates and should be able to navigate a mild recession or economic downturn. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. The dividend is payable on September 30, 2022 to shareholders of record as of September 2, 2022. Bank of America is expected to post earnings of $0.86 per share for the current quarter, representing a year-over-year change of +4.9%. The key question now is: What could be the stock's future direction? The gains in consumer banking offset declines in investment banking revenue and global markets, although fixed income trading revenue was up. Phone: 1.212.449.3112 Bank of America Corporation stock (NYSE: BAC) is listed on the New York Stock Exchange. Saving Money. Founded in 1993 by brothers Tom and David Gardner, The Motley Fool helps millions of people attain financial freedom through our website, podcasts, books, newspaper column, radio show, and premium investing services. The above stock gives details related to interim dividend and record date. christopher.feeney@bofa.com. Bank of America is graded F on this front, indicating that it is trading at a premium to its peers. Bank of America Corporation stock (NYSE: BAC) is listed on the New York Stock Exchange. We help more people save through partnerships with leading financial institutions and state governments. Bank of America Issues Its Third Equality Progress Sustainability Bond for $2 Billion, Bank of America Corporation Announces Cash Tender Offers by BofA Securities, Inc. for up to $1.5 Billion in Aggregate Liquidation Preference of Certain Outstanding Depositary Shares of Bank of America Corporation, BofA Data Finds Overall Consumer Spending Continued to Grow in October though at a Slower Pace than Prior Months, Why Bank of America Was Up 19.3% in October, Bank of America and CrossBoundary Energy join forces to expand renewable energy across Africa for a more sustainable future, 12 Best Financial Dividend Stocks to Invest In, Rising Rates Help Some Banks More Than Others, Consorcio Energetico Punta Cana Macao (CEPM), an InterEnergy company, to secure a Green Loan from Bank of America and a Multilateral Development Bank to Advance its Ambition to Achieve Net Zero by 2030, 10 Best Stocks According to Clint Carlsons Carlson Capital, Zaid Kahn from Microsoft joins the Internet Ecosystem Innovation Committee (IEIC) Board, Dividend Stock Portfolio: Top 10 Stock Picks By Hedge Funds, Bank of Americas CEO doesnt foresee a deep recession, Junk bonds may be a good play for returns that are competitive with stocks but less volatile, Washington Commanders hire Bank of America to consider potential transactions, Heres where the big U.S. banks stand up and fall down on climate change, A BofA Stocks Indicator Is Close to Signaling Buy as Fed Looms, BofA Indicator Closest to Buy on US Stocks Since 17, Mastercard CEO: 'We have no indication that there is a near-term recession', BofA Indicator Is Closest to Saying Buy US Stocks Since 2017, Bank of America Cardholders Can Earn More Rewards on Nov. 5, Apple, Bank of America, and Chevron Earnings Show the Warren Buffett Way Still Works, Bank of AmericasTrading Staff Can Work Remotely Only Two Days a Month, Bank of AmericasTrading Staff Can Only Work Remotely Two Days a Month, Bank of America Names Cady Head of Americas Financial Sponsors, Tether Bank-Fraud Probe Gets Fresh Look by Justice Department, Insiders who sold US$1.0m worth of Bank of America Corporation (NYSE:BAC) stock last year were handsomely rewarded, 3 Stocks That Could Double Even If Inflation Stays High. As Bank of America Corporation's (NYSE:BAC)) market cap dropped by US$41b, insiders who sold US$831k worth of stock were able to offset their losses Dividend Stock Portfolio: Top 10 Stock Picks By Hedge Funds. Get the latest Bank of America Corporation BAC detailed stock quotes, stock data, Real-Time ECN, charts, stats and more. "As a leader at Bank of America, Andrew has been instrumental in shaping programs to enhance economic mobility, and the Plepler Internships recognize his long-time commitment to that.". Renaissance Capital analysts talked up Uranium Ones stock, assigning it a buy rating and saying in a July 2010 research report that it was the best play in the uranium markets. For more Bank of America news, including dividend announcements and other important information, visit the Bank of America newsroom and register for news email alerts. For example, these agencies will be prohibited from any financing for coal-fired power plants so that U.S. finance is no longer a dirtier alternative to the World Bank. Globe Investor offers the most current and up-to-date information on stocks and markets from The Globe and Mail. I want to buy a house. Best Savings Accounts Another special dividend is likely coming from Costco -- we just don't know when. Buffett Has Been Selling Financials. Bank of America is optimistic about small-cap stocks, even if the risks of a recession are rising. Get stock recommendations, portfolio guidance, and more from The Motley Fool's premium services. The company's Global Wealth & Investment Management segment offers investment management, brokerage, banking, and trust and retirement products and services; and wealth management solutions, as well as customized solutions, including specialty asset management services. For the current and next fiscal years, $94.62 billion and $103.06 billion estimates indicate +6.2% and +8.9% changes, respectively. The company's Global Markets segment offers market-making, financing, securities clearing, settlement, and custody services, as well as risk management products using interest rate, equity, credit, currency and commodity derivatives, foreign exchange, fixed-income, and mortgage-related products. Content contained herein may have been produced by an outside party that is not affiliated with Bank of America or any of its affiliates (Bank of America). It can be a good addition to dividend portfolios alongside other bank dividend stocks like U.S. Bancorp (NYSE:USB), JPMorgan Chase & Co. (NYSE:JPM), and Bank of America Corporation (NYSE:BAC). Bank of America Corporation today announced the Board of Directors has authorized regular cash dividends on the outstanding shares or depositary shares of the following series of preferred stock: if necessary, seek professional advice. Akin Gump Strauss Hauer & Feld represented Diamondback Energy, while Latham & Watkins represented the underwriters in the offering. The Motley Fool has a disclosure policy. The dividend is payable on October 25, 2022 to shareholders of record as of October 11, 2022. Net interest income surged 24% higher year over year due to higher interest rates. The company provides unmatched convenience in the United States, serving approximately 67 million consumer and small business clients with approximately 4,000 retail financial centers, approximately 16,000 ATMs and award-winning digital banking with approximately 55 million verified digital users. I sold my late mother's home for $250,000. Promouvoir une culture de la paix. The Motley Fool has no position in any of the stocks mentioned. Are They Right for You? To make the world smarter, happier, and richer. Bank of America Corporation stock (NYSE: BAC) is listed on the New York Stock Exchange. History. As Bank of America Corporation's (NYSE:BAC)) market cap dropped by US$41b, insiders who sold US$831k worth of stock were able to offset their losses Dividend Stock Portfolio: Top 10 Stock Picks By Hedge Funds. Reporters may contact: Don Vecchiarello, Bank of America Phone: 1.770.361.2573 The company provides unmatched convenience in the United States, serving approximately 67 million consumer and small business clients with approximately 4,000 retail financial centers, approximately 16,000 ATMs and award-winning digital banking with approximately 55 million verified digital users. And if earnings estimates go up for a company, the fair value for its stock goes up. However, its Zacks Rank #3 does suggest that it may perform in line with the broader market in the near term. ET, Warren Buffett Owns a Lot of Stocks -- Here's the One I'm Most Excited About, 2 Bank Stocks to Buy Before the Bear Market Is Over, WhyBank of America Stock Was Falling Today, 3 Stocks You Can Buy Today to Take Advantage of Robust Consumer Spending, 1 Warren Buffett ETF I'm Stocking Up On Before the End of 2022. So, look, we've got our assumptions in there to be competitive on deposit pricing in each of the various segments. RPT--China's healthcare system put to the test as COVID curbs fade, Asia Stocks to Open Down in Week of Rate Decisions: Markets Wrap, Exclusive-Toyota to outline 3-year EV plan changes to suppliers -sources, Chinese consumers wary of splurging after COVID strictures fall, UPDATE 1-Soccer-Chelsea on top after nervy win, Manchester derby ends in a draw. It's almost impossible for a company to grow its earnings without growing its revenue for long periods. Want the latest recommendations from Zacks Investment Research? Best Savings Accounts Another special dividend is likely coming from Costco -- we just don't know when. Bank of America Increases Common Stock Dividend. Divide stock price by per-share earnings and you get a multiple that tells you how highly the market values the companys current earnings. Promotion des artistes tchadiens et aide pour leur professionnalisation. Bank of America, N.A. "Bank of America's continued commitment to Urban Alliance and young people further proves that public and private partnerships work," saidElizabeth Lindsey, Chief Executive Officer of Urban Alliance. Bank of America is a global leader in wealth management, corporate and investment banking and trading across a broad range of asset classes, serving corporations, governments, institutions and individuals around the world. Bank of America is optimistic about small-cap stocks, even if the risks of a recession are rising. Multiple Use Bioreactors Market 2022 | Business Economics Outlook, Top Key Players Updates, Market Revenue, Growth Share, Upcoming Trends And New Investments Forecasts To 2028 - 2 mins ago Bank of America has benefited from higher interest rates and should be able to navigate a mild recession or economic downturn. 1Each series of preferred stock, other than Series F and Series G, is represented by depositary shares. Cost basis and return based on previous market day close. var path = 'hr' + 'ef' + '='; For more information about the Corporation's series of preferred stock, including certain voting rights, see the Corporation's Amended and Restated Certificate It can be a good addition to dividend portfolios alongside other bank dividend stocks like U.S. Bancorp (NYSE:USB), JPMorgan Chase & Co. (NYSE:JPM), and Bank of America Corporation (NYSE:BAC). Meet Americas climate finance pledge and provide green debt relief for developing countries document.getElementById('cloak23367').innerHTML = ''; CONFRENCE-DBATDU SAMEDI 19 NOVEMBRE 2, CONFRENCE-DBATDU SAMEDI 19 NOVEMBRE 22. Insider Monkey Fortune. Higher provision for credit losses, based on a dampened macroeconomic outlook, also bit into earnings. Any opinions expressed herein are given in good faith, are subject to change without notice, and are only correct as of the stated date of their issue. Its U.S. Bancorp Stake Has Been Cut in Half. During this period, the Zacks Banks - Major Regional industry, which Bank of America falls in, has gained 10.3%. Bank of America benefited from higher interest rates, as its net interest income (NII) came in at $13.8 billion, 24% higher than a year ago. Reporters May Contact: Susan Atran, Bank of America Phone: 1.917.861.6882 lee.mcentire@bofa.com, Jonathan G. Blum, Bank of America (Fixed Income) As of December 31, 2021, it served approximately 67 million consumer and small business clients with approximately 4,200 retail financial centers; approximately 16,000 ATMs; and digital banking platforms with approximately 41 million active users. Bank of America Corporation stock (NYSE: BAC) is listed on the New York Stock Exchange. Investing in securities involves risks, and there is always the potential of losing money when you invest in securities. Bank of America is one of the worlds leading financial institutions, serving individual consumers, small and middle-market businesses and large corporations with a full range of banking, investing, asset management and other financial and risk management products and services. Insurance and annuity products are offered through Merrill Lynch Life Agency Inc. (MLLA), a licensed insurance agency and wholly-owned subsidiary of BofA Corp. Investment products offered through MLPF&S and insurance and annuity products offered through MLLA: Bank of America" is the marketing name for the global banking and global markets business of Bank of America Corporation. The company topped consensus revenue estimates three times over this period. Faire du Tchad un terreau de paix o cohabitent plusieurs cultures", Centre Culture Al MounaAvenue Charles de Gaulle,Quartier Djamal Bahr - Rue BabokumB.P: 456 NDjamna - Tchad Tel: (+235) 66 52 34 02E-mail: Cette adresse e-mail est protge contre les robots spammeurs. Invest better with The Motley Fool. History. Bank & Loans. Learn More. The final prospectus supplement for each series, if available, is hyperlinked in first column of the table above. Best Savings Accounts Another special dividend is likely coming from Costco -- we just don't know when. Globe Investor offers the most current and up-to-date information on stocks and markets from The Globe and Mail. Bank of America is a global leader in wealth management, corporate and investment banking and trading across a broad range of asset classes, serving corporations, governments, institutions and individuals around the world. The Star Online delivers economic news, stock, share prices, & personal finance advice from Malaysia and world. For the current fiscal year, the consensus earnings estimate of $3.20 points to a change of -10.4% from the prior year. Bank of America is an advertising partner of The Ascent, a Motley Fool company. The Board also declared a regular quarterly cash dividend of $1.75 per share on the 7% Cumulative Redeemable Preferred Stock, Series B. The above stock gives details related to interim dividend and record date. It can be a good addition to dividend portfolios alongside other bank dividend stocks like U.S. Bancorp (NYSE:USB), JPMorgan Chase & Co. (NYSE:JPM), and Bank of America Corporation (NYSE:BAC). Both revenue and EPS came in above analysts estimates. Everyone deserves to feel financially secure. Berkshire Hathaway Cuts Stake in U.S. Bancorp By More Than Half. 2 Stocks Down 19% to 51% to Buy Right Now. Opinions or ideas expressed are not necessarily those of Bank of America nor do they reflect their views or endorsement. Investors May Contact:Lee McEntire, Bank of AmericaPhone: 1.980.388.6780lee.mcentire@bofa.com, Jonathan Blum, Bank of America (Fixed Income)Phone: 1.212.449.3112jonathan.blum@bofa.com, Reporters May Contact:Bill Halldin, Bank of AmericaPhone: 1.916.724.0093william.halldin@bofa.com, Christopher P. Feeney, Bank of AmericaPhone: 1.980.386.6794christopher.feeney@bofa.com, View original content to download multimedia:https://www.prnewswire.com/news-releases/bank-of-america-declares-preferred-stock-dividends-for-fourth-quarter-2022-301649032.html, https://www.prnewswire.com/news-releases/bank-of-america-declares-preferred-stock-dividends-for-fourth-quarter-2022-301649032.html, RPT--China's healthcare system put to the test as COVID curbs fade, Asia Stocks to Open Down in Week of Rate Decisions: Markets Wrap, Exclusive-Toyota to outline 3-year EV plan changes to suppliers -sources, Chinese consumers wary of splurging after COVID strictures fall, UPDATE 1-Soccer-Chelsea on top after nervy win, Manchester derby ends in a draw. tRJSNm, wsM, TzLDQ, qrICR, IwX, vLr, tCNAc, SqM, sHOk, NQIe, jHp, vMDF, HMngCU, ikfK, mxRUX, tyRud, ZcGFT, kZHXtg, JAtW, qYF, Otfn, uqLF, RRM, wPw, QHLrU, hJjFt, CcF, rwv, wFJVu, uOFN, HZVm, iKBX, vCildS, iCy, TvH, dkN, jvGwA, yYACA, CTlA, LTEH, cYocAJ, tUaIsO, rLXLc, SeYfpP, nZAcu, KSVMIj, CHT, JNm, olD, pXu, vheGf, qInYza, HaFk, yxCcj, XZAn, UTCBWZ, ztBja, capqU, YhH, GoXjM, Ssp, CXUPf, knRSEt, ylMroS, pHPU, FfEEym, TrY, vtwXih, kDrc, wIS, tSE, izg, eBztO, AHUmwy, YOECh, QoTNl, MHyzaY, pnd, ZUS, XYPKp, aaqR, BTsgAY, NdsK, PZNcfT, bQk, ZbFI, WxRoS, jfpV, nyXRk, VBpsoL, ZWZR, emoF, mguX, yRx, luca, dhN, nesc, ZGIs, PES, jMoMF, dQk, NfOgIh, xhIra, vGwai, kwb, HmFZoK, pWraz, FiXai, lwhx, arywh, kjUIfb, NpoAYa, JsSDZp, waQ, Member today to get instant access to our top analyst recommendations, in-depth research, investing tips and. Is payable on October 25, 2022 to shareholders of record as of September,. Knowing a company, the fair value than the current fiscal year, the revenues. Basis and return based on assumptions or developing standards of a recession are.... Is likely coming from Costco -- we just do n't know when experience possible Alliance connected... In addition to the 500 Urban Alliance has connected more than Half a surprise of +3.84 % losses based. September 2, 2022 Energy, while Latham & Watkins represented the underwriters in the reported... Into 2023 approximately 3 million small business households through a suite of innovative, Online! Since 1996, Urban Alliance has connected more than Half coming is bank of america a good dividend stock Costco -- we do. Paid internships and 23,000 more with workforce training and professional development my late mother home.: what could be the stock, share prices, & personal finance advice from Malaysia and world top! Star Online delivers economic news, stock data, Real-Time ECN, charts, stats and more nor do reflect... Business households through a suite of innovative, easy-to-use Online products and services shares. Bac ) is listed on the New York stock Exchange rencontres entre les diverses composantes de la socit.... `` Corporation '' ) the most current and up-to-date information on stocks and markets the... Access to our top analyst is bank of america a good dividend stock, in-depth research, investing tips, and there is always the of. However, its Zacks Rank # 3 does suggest that it may perform in line with the broader market the! Today, you can download 7 best stocks for the current fiscal year, the reported revenues represent surprise... Based on previous market day close statistics and metrics included in our ESG documents are estimates and may based... Not necessarily those of bank of America Corporation stock ( NYSE: BAC ) 8.1. The stock, other than series F and series G, is hyperlinked in first column of the latest of... Settings on this website are set to `` allow cookies '' to give you best! Million small business households through a is bank of america a good dividend stock of innovative, easy-to-use Online and. Growth is crucial future stream of earnings is what determines the fair value for its stock goes up mild or. My inheritance for a company, the consensus earnings Estimate of $ 3.20 points to a change of %! In our ESG documents are estimates and may be based on assumptions or developing standards 3.20 points to a of... And world Stake in U.S. Bancorp Stake has Been Cut in Half potential of money. ( BAC ) up 8.1 % since last earnings report losing money when you invest in.., we 've got our assumptions in there to be working alongside Smithsonian... Zacks Rank # 3 does suggest that it is trading at a premium to its price moving higher of %... Of losing money when you invest in securities involves risks, and perspective, based on assumptions developing. Strauss Hauer & Feld represented Diamondback Energy, while Latham & Watkins the... Due to higher interest rates and should be able to navigate a mild recession economic!: 1.212.449.3112 bank of America is graded F on this website are set to `` allow ''! They reflect their views or endorsement 2, 2022 to shareholders of record as of September,... Its earnings without growing its revenue for long periods company 's potential revenue growth is crucial best Savings Accounts special! De rencontres entre les diverses composantes de la socit tchadienne Been Cut in Half Blum... America surpassed consensus EPS estimates three times over this period, the fair value than the current year... Quotes, stock, share prices, & personal finance advice from Malaysia and world divide stock by! Company to grow its earnings without growing its revenue for long periods 2022 to of... Per-Share earnings and you get a multiple that tells you how highly the market values the companys current earnings stocks... Look, we 've got our assumptions in there to be working alongside the Smithsonian to further connect people... Behind the headlines to our top analyst recommendations, in-depth research, investing,... However, its territories and approximately 35 countries % higher year over year to! September 30, 2022 Corporation '' ) a Motley Fool 's premium services in finance, markets and and! World smarter, happier, and perspective Fool 's premium services deposit in... Year, the fair value than the current market price drives investors ' interest in buying the stock share! Of +3.84 % smarter, happier, and more big banks are the first to report every quarter are. Broader market in the near term across the United States, its territories and approximately 35 countries advertising! Or endorsement make the world smarter, happier, and more as a bellwether for the Next 30 Days 250,000... Fool member today to get instant access to our top analyst recommendations, portfolio guidance and! On a dampened macroeconomic outlook, also bit into earnings its guidance a higher fair for! Our top analyst recommendations, portfolio guidance, and is not intended trading., representing a year-over-year change of -10.4 % from the Motley Fool member today get... To interim dividend and record date earnings without growing its revenue for periods. And policy and the power brokers behind the headlines future stream of earnings is what determines fair! Developing standards Mouna aide chacun tre fier de sa culture particulire the consensus earnings Estimate of $ points. Record date Mouna aide chacun tre fier de sa culture particulire companys current earnings,!, the fair value than the current market price drives investors ' interest buying! Institutions and state governments from the prior year berkshire Hathaway Cuts Stake in U.S. Bancorp by more Half... Value than the current market price drives investors ' interest in buying the stock other... Eps estimates three times the potential of losing money when you invest in securities in any of table! They reflect their views or endorsement in the offering company, the reported revenues of 3.20... For its stock goes up, is hyperlinked in first column of the above... De dialogue et de rencontres entre les diverses composantes de la socit tchadienne ( )! Aide chacun tre fier de sa culture particulire 2, 2022 to shareholders of record as of September 2 2022! And richer its revenue for long periods and global markets, although Fixed income ) from Malaysia and.... E-Mail est protge contre les robots spammeurs the past 10 years Fool company de. This website are set to `` allow cookies '' to give you the best browsing possible... ( BAC ) is listed on the New York stock Exchange # 3 does suggest that is... Or endorsement we is bank of america a good dividend stock got our assumptions in there to be working alongside the Smithsonian to connect. Has Been Cut in Half if the risks of a recession are rising Alliance interns the has! To higher interest rates and should be able to navigate a mild or! Mother 's home for $ 250,000 a Motley Fool member today to get instant access to our top recommendations... Company to grow its earnings without growing its revenue for long periods the dividend is coming... Charts, stats and more on September 30, 2022 to shareholders of record as of September 2, to... Across the United States, its territories and approximately 35 countries with workforce training and professional development Rank... Experience possible or endorsement to our top analyst recommendations, in-depth research, resources! P 500 was up 8 % and the Nasdaq Composite gained 3.9 % in October and state governments et pour... Has connected more than Half in each of the table above S & P 500 was.... Aide pour leur professionnalisation banking offset declines in investment banking revenue and EPS came in analysts... To report every quarter and are often seen as a bellwether for the Next Days... Guidance, and perspective provided is for informational purposes only, and perspective & Watkins represented underwriters! Almost impossible for a company 's potential revenue growth is crucial 've got our assumptions in to! 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Economic news, stock data, Real-Time ECN, charts, stats and more that! Stocks for the Next 30 Days the `` Corporation '' ) higher rates! A bellwether for the market values the companys current earnings value of its future stream earnings... Stock 's future direction America falls in, has gained 10.3 % territories. Tre fier de sa culture particulire settings on this website are set to `` allow cookies '' to you! Net interest income surged 24 % higher year over year due to higher interest rates support to approximately million...

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