Buffett, Bloomberg, & 48 Congress Members Are Buying 1 Sector
Why are Warren Buffett, Jeff Bezos, Michael Bloomberg, "The Walmart Family", Bill Gates, and 48 members of Congress shifting their stocks in a frenzy? And why are they all piling into ONE unique corner of the market... The last time we saw the world's wealthiest investors move their cash into this corner of the market, Stocks exploded 2,020%, 5,609% Even as high as 8,437% in just ONE year. Now, it's all happening again.
Financials
| Curr Year EPS Estimate | 2.45 |
| Next Quarter EPS Estimate | 0.56 |
| Profit Margin | 0.24 |
| Return on Assets | 0.01 |
| Return on Equity | 0.07 |
| Revenue | 74,208,002,048 |
| Earnings Per Share | 1.87 |
| Revenue Per Share | 8.48 |
| Gross Profit | 74,208,000,000 |
| Quarterly Revenue Growth | -0.06 |
General
| Name | Bank of America Corporation |
| Ticker | BAC |
| Exchange | NYSE |
| Sector | Financial Services |
| Industry | Banks-Diversified |
| Currency | USD |
| Country | USA |
| Fiscal Year End | December |
| Full Time Employees | 213,000 |
About Bank of America Corporation
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. Its Consumer Banking segment offers traditional and money market savings accounts, certificates of deposit and IRAs, noninterest-and interest-bearing checking accounts, and investment accounts and products; and credit and debit cards, residential mortgages, and home equity loans, as well as direct and indirect loans, such as automotive, recreational vehicle, and consumer personal loans. 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. Its Global Banking segment provides 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, and short-term investing options and merchant services; working capital management solutions; and debt and equity underwriting and distribution, and merger-related and other advisory services. 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. As of December 31, 2020, it served approximately 66 million consumer and small business clients with approximately 4,300 retail financial centers; approximately 17,000 ATMs; and digital banking platforms with approximately 39 million active users. The company was founded in 1784 and is headquartered in Charlotte, North Carolina.
Dividend
Bank of America Corporation pays out a dividend of $0.72 per share, with a dividend yield of 1.76%.
BAC's last dividend payment was made to shareholders on March 26, 2021.
They pay out 38.50% of their earnings out as a dividend.
Recent Dividends
| Jun 28, 2024 | $0.24 |
| Mar 29, 2024 | $0.24 |
| Dec 29, 2023 | $0.24 |
| Sep 29, 2023 | $0.24 |
| Jun 30, 2023 | $0.22 |
| Mar 31, 2023 | $0.22 |
| Dec 30, 2022 | $0.22 |
| Sep 30, 2022 | $0.22 |
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