Bank Of America Preferred Stock Today
BAC-PK Preferred Stock | USD 25.19 0.21 0.84% |
Performance8 of 100
| Odds Of DistressLess than 9
|
Bank of America is selling for 25.19 as of the 30th of November 2024. This is a 0.84% increase since the beginning of the trading day. The preferred stock's last reported lowest price was 25.04. Bank of America has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat ok performance during the last 90 days. Equity ratings for Bank of America are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 1st of September 2024 and ending today, the 30th of November 2024. Click here to learn more.
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. Bank of America Corporation was founded in 1784 and is headquartered in Charlotte, North Carolina. The company has 9.81 B outstanding shares of which 261.29 K shares are currently shorted by private and institutional investors with about 2.23 days to cover all short positions. More on Bank of America
Moving together with Bank Preferred Stock
0.63 | BK | Bank of New York Fiscal Year End 10th of January 2025 | PairCorr |
0.63 | CM | Canadian Imperial Bank Earnings Call This Week | PairCorr |
Moving against Bank Preferred Stock
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Bank Preferred Stock Highlights
Business Concentration | Banking, Banks - Diversified, Financial Services, Banks—Diversified, Financial Services (View all Sectors) |
Bank of America (BAC-PK) is traded on New York Stock Exchange in USA. It is located in Bank of America Corporate Center, Charlotte, NC, United States, 28255 and employs 216,823 people. Bank of America is listed under Banking category by Fama And French industry classification. The company currently falls under 'Mega-Cap' category with a current market capitalization of 250.01 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 Financial Services sector and is part of Banks—Diversified industry. The entity has 9.81 B outstanding shares of which 261.29 K shares are currently shorted by private and institutional investors with about 2.23 days to cover all short positions.
Bank of America has accumulated about 932.64 B in cash with (7.19 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 107.68, which can makes it an attractive takeover target, given it will continue generating positive cash flow.
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Ownership AllocationBank of America holds a total of 9.81 Billion outstanding shares. Almost 82.62 percent of Bank of America outstanding shares are held by general public with 17.38 % by other corporate entities. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
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Bank of America Risk Profiles
Risk Adjusted Performance | 0.0669 | |||
Jensen Alpha | 0.0202 | |||
Total Risk Alpha | (0.03) | |||
Sortino Ratio | (0.34) |
Bank Stock Against Markets
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Bank of America Corporate Management
Rudolf Bless | Chief Officer | Profile | |
Aditya Bhasin | Chief Officer | Profile | |
Brian Moynihan | Chairman CEO | Profile | |
Paul Donofrio | Vice Chairman | Profile | |
Alastair Borthwick | Chief Officer | Profile | |
Darrin Boland | Chief Officer | Profile | |
James DeMare | Ex Markets | Profile |
Other Information on Investing in Bank Preferred Stock
Bank of America financial ratios help investors to determine whether Bank Preferred Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Bank with respect to the benefits of owning Bank of America security.