Bank of America (BML-PG) - Stock Price & Dividends

Exchange: USA Stocks • Country: United States • Currency: USD • Type: Preferred Stock • ISIN: -s

Bank of America Corporation (NYSE:BML-PG) is a global financial institution with a wide range of banking and financial products and services. They cater to individual consumers, businesses of all sizes, institutional investors, large corporations, and governments across the world.

The company's Consumer Banking segment provides a variety of accounts such as savings, certificates of deposit, checking, and investment accounts. Additionally, they offer credit and debit cards, residential mortgages, home equity loans, and various types of loans including automotive and personal loans.

Bank of America's Global Wealth & Investment Management segment offers investment management, brokerage, banking, trust, retirement products, wealth management solutions, and customized asset management services to meet the diverse needs of their clients.

In the Global Banking segment, the company provides lending products like commercial loans, leases, trade finance, and real estate lending. They also offer treasury solutions, working capital management, debt and equity underwriting services, and advisory services for mergers and other transactions.

The Global Markets segment focuses on market-making, financing, securities clearing, risk management, and custody services utilizing a variety of financial products including derivatives, foreign exchange, fixed-income, and more. Founded in 1784, Bank of America Corporation is headquartered in Charlotte, North Carolina. For more information, visit their website: https://www.bankofamerica.com.

Drawdown (Underwater) Chart

Drawdown / Underwater Chart for Bank of America (BML-PG) - Stock Price & Dividends

BML-PG Stock Overview

Market Cap in USD 297,748m
Sector Financial Services
Industry Banks - Diversified
GiC SubIndustry Regional Banks
TER 0.00%
IPO / Inception

BML-PG Stock Ratings

Growth 5y 4.83
Fundamental 0.02
Dividend 9.84
Rel. Performance vs Sector -0.78
Analysts -
Fair Price Momentum 20.85 USD
Fair Price DCF 128.18 USD

BML-PG Dividends

Yield 12m 7.04%
Yield on Cost 5y 9.90%
Dividends CAGR 5y 12.68%
Payout Consistency 97.2%

BML-PG Growth Ratios

Growth 12m 11.60%
Growth Correlation 12m 79%
Growth Correlation 3m 69%
CAGR 5y 7.05%
Sharpe Ratio 12m 0.55
Alpha vs SP500 12m -4.95
Beta vs SP500 5y weekly 0.64
ValueRay RSI 23.71
Volatility GJR Garch 1y 13.48%
Price / SMA 50 0.69%
Price / SMA 200 7.28%
Current Volume 5.9k
Average Volume 20d 6.7k

External Links for BML-PG Stock

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What is the price of BML-PG stocks?
As of April 19, 2024, the stock is trading at USD 21.95 with a total of 5,881 shares traded.
Over the past week, the price has changed by -0.68%, over one month by -0.23%, over three months by +4.93% and over the past year by +12.55%.
What is the forecast for BML-PG stock price target?
According to ValueRays Forecast Model, BML-PG Bank of America will be worth about 23 in April 2025. The stock is currently trading at 21.95. This means that the stock has a potential upside of +4.65%.
Issuer Forecast Upside
Wallstreet Target Price - -
Analysts Target Price - -
ValueRay Target Price 23 4.65%

The Extensive Saga of Bank of America: A Financial Giant's Journey Through Time

Historical Overview

Bank of America Corporation, a name synonymous with global banking and financial services, embarked on its journey over a century ago. With roots dating back to the early 1900s, it was initially established to serve the financial needs of immigrants in San Francisco, California, United States. Through decades of strategic mergers, acquisitions, and expansions, Bank of America has grown into a behemoth, serving millions of customers worldwide.

The Core Business

At its core, Bank of America caters to a wide array of financial needs. Its services span consumer banking, wealth management, and corporate banking, to name a few. With a significant emphasis on innovation and customer service, it remains committed to offering banking solutions that are both accessible and convenient for its diverse clientele. The adoption of digital banking platforms exemplifies its dedication to modernizing financial experiences for customers around the globe.

Side Businesses and Diversification

Beyond its primary banking operations, Bank of America has ventured into various side businesses and sectors. These include investment services through Merrill Lynch, a subsidiary known for its wealth management prowess. Additionally, the bank's endeavors in mortgage lending and credit card services complement its comprehensive suite of financial offerings, catering to a broader spectrum of customer needs.

Current Market Status

As of the latest market assessments, Bank of America Corporation (NYSE:BML-PG) stands as a formidable force in the banking industry, both domestically in the United States and internationally. Despite facing challenges such as economic fluctuations and regulatory changes, it continues to exhibit growth and resilience. Bank of America's strategic focus on digital innovation, customer satisfaction, and global expansion further solidifies its position in today's competitive financial landscape.