NYSE - Delayed Quote USD

Bank of America Corporation (BAC)

38.82

-0.47

(-1.20%)

At close: May 20 at 4:00 PM EDT

38.94

+0.12

(+0.31%)

After hours: May 20 at 7:59 PM EDT

WaFd to sell CRE loans to Bank of America in $2.9B deal

Regulators have pledged to look more closely at banks whose CRE portfolios are more than triple their capital, and at portfolios that have grown 50% or more in the past three years. WaFd has done both, Bloomberg reported.

Banking Dive 17 hours ago

SDAWW
Bank of America to buy WaFd's multi-family loan portfolio for $2.9 billion

The commercial real estate (CRE) sector, which has been roiled by higher borrowing costs and lower occupancy, has become a key cause of concern for investors and has drawn tough regulatory scrutiny for regional lenders. Parent company WaFd, in a regulatory filing, disclosed the portfolio of 2,000 commercial multi-family real estate loans had an aggregate unpaid principal balance of $3.2 billion. After the deal is closed, WaFd said BofA is planning to enter into a structured transaction or loan sale with one or more funds of Pacific Investment Management.

Reuters 3 days ago

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Bank of America Announces Full Redemption of its Series JJ Preferred Stock and Series U Preferred Stock and Related Depositary Shares

Bank of America Corporation announced today that it will redeem all outstanding shares of its Fixed-to-Floating Rate Non-Cumulative Preferred Stock, Series JJ (CUSIP No. 060505FN9), liquidation preference $25,000 per share (the "Series JJ Preferred Stock"), and the corresponding depositary shares each representing a 1/25th interest in a share of the Series JJ Preferred Stock (CUSIP No. 060505FP4) (the "Series JJ Depositary Shares"). Bank of America also announced today that it will redeem all ou

PR Newswire 4 days ago

BAC
-1.20%
Bank of America (BAC) Up 10.5% Since Last Earnings Report: Can It Continue?

Bank of America (BAC) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.

Zacks 4 days ago

SDAWW

WFC
-0.62%
Warren Buffett’s Top Favorite Stocks for 2024

Warren Buffett’s Q1’2024 stock holdings data is out and the market is inundated with excitement around the Oracle of Omaha’s favorite stock picks. But unlike many other hedge funds which are fickle and revisit their investments regularly, Buffett believes in buying stocks and then holding on to them for decades. Buffett’s “Mystery Stock Pick” Revealed […]

Insider Monkey 4 days ago

AXP

AAPL

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Mid-Q2 2024 Investor Conference and Events Highlights Update

With the bulk of first-quarter earnings reports in the bag, the focus shifts to reading between the lines at corporate conferences

GuruFocus.com 5 days ago

^GSPC

^FTSE

C
-1.42%
Exclusive-Bank of America banker who died had sought to leave, citing long hours, recruiter says

The 35-year-old Bank of America investment banker who died from a blood clot earlier this month wanted to leave the U.S. bank because he was working more than 100 hours a week, according to an executive recruiter who spoke with him about seeking a new job. Junior banker Leo Lukenas III died of an acute coronary artery thrombus, a type of blood clot, the New York Office of the Chief Medical Examiner said last week. Lukenas said in mid-March that he wanted to leave Bank of America because of the grueling hours, Douglas Walters, a managing partner at GrayFox Recruitment, told Reuters in an interview.

Reuters 5 days ago

SDAWW
BofA Report: 70% of Prospective Homebuyers Feel Renting Could be Detrimental to their Financial Future

Many prospective homebuyers fear the long-term consequences of renting, including 70% who feel they're not making a long-term investment in their future, and 72% who worry that rent increases could affect their current and long-term finances, according to a new Bank of America Homebuyer Insights Report (HBIR), conducted in partnership with Bank of America Institute.

PR Newswire 5 days ago

BAC
-1.20%
Warren Buffett Holds $175 Billion of His Portfolio in 2 Stocks That Could Rise 34% and 17%, According to a Pair of Wall Street Analysts

If you want to learn how to succeed like Buffett, understanding his biggest investment decisions would be a good place to start.

Motley Fool 6 days ago

AAPL

SDAWW
The 7 Most Undervalued Under-$50 Stocks to Buy in May 2024

As earnings season winds down, the long-awaited shift from growth to value seems to be emerging. Many tech stocks are down despite good earnings as investors hunt for bargains. That’s a good reason to explore undervalued stocks under $50. To begin with, investors like stocks under $50 because they can make a small investment go further. But, there’s a difference between price and value. Some stocks under $50 don’t have much upside left for investors. And if they don’t pay a dividend, you can fin

InvestorPlace 8 days ago

PLTR

DKNG

SDAWW
Credit Card Net Charge-Offs Are Rising. Here's Why Banks Aren't Too Concerned.

Consumer credit card net charge-offs have gradually risen since the Federal Reserve began raising interest rates in 2022.

Motley Fool 9 days ago

SDAWW

JPM
-4.50%
DFS
67.3% of Warren Buffett's $361 Billion Portfolio Is Invested in Just 4 Stocks

Buffett isn't afraid of portfolio concentration when his biggest investments are as wonderful as these companies.

Motley Fool 9 days ago

AAPL

AXP

SDAWW
Bank of America Recommends Shareholders Reject "Mini-Tender" Offer by Tutanota LLC

Bank of America today announced that it recently learned of an unsolicited "mini-tender" offer made by Tutanota LLC (Tutanota) to Bank of America shareholders to purchase up to 1 million shares of Bank of America common stock at $40.00 per share. The offer price of $40.00 per share is conditioned on, among other things, the closing price per share of Bank of America's common stock exceeding $40.00 per share on the last trading day before the offer expires. This means that unless this condition i

PR Newswire 10 days ago

BAC
-1.20%
Vanguard Joins Pimco in Seeing More BOJ Hikes Than Market

(Bloomberg) -- Vanguard Group Inc.’s Ales Koutny says the market is underestimating just how hawkish the Bank of Japan will need to be this year to boost the beleaguered yen. Most Read from BloombergElon Musk Pledges to Grow Supercharger Business He Just DecimatedBiden Set to Hit China EVs, Strategic Sectors With TariffsAckman Scolded Over DEI Views at Closed-Door Milken SessionApple Apologizes for iPad Pro Ad, Scraps Plan to Air It on TVNovavax Soars on $1.2 Billion Sanofi Vaccine Licensing Dea

Bloomberg 10 days ago

8301.T

BAC
-1.20%
GS
-1.02%
Big banks complete climate analysis for Fed while Powell tries to avoid becoming climate policymaker

The Federal Reserve disclosed results from an assessment of how the biggest US banks would be impacted by climate change, an exercise that created new political tensions for the central bank.

Yahoo Finance 11 days ago

WFC
-0.62%
BAC
-1.20%
JPM
-4.50%
20 Largest Banks in the US by Customers

In this article, we will look at the 20 largest banks in the US by customers. If you wish to skip our detailed analysis, you can go directly to 5 Largest Banks in the US by Customers. Banking Industry in the US: An Overview The failure of prominent US banks including Silicon Valley Bank (SVB), […]

Insider Monkey 11 days ago

SDAWW

JPM
-4.50%
GSC
2 No-Brainer Billionaire-Owned Stocks to Buy Right Now

These stocks are favorites of some of the most successful investors in the world. Here's why they're worth a closer look.

Motley Fool 11 days ago

SDAWW

GOOG
2 Dividend Stocks That Are Screaming Buys in May

These top stocks are showing resilience despite a tough economic environment.

Motley Fool 11 days ago

AXP

SDAWW
Q1 2024 Assurant Inc Earnings Call

Q1 2024 Assurant Inc Earnings Call

Thomson Reuters StreetEvents 12 days ago

AIZ

SDAWW

TLGPY
Are Finance Stocks Lagging Bank of America (BAC) This Year?

Here is how Bank of America (BAC) and Banco Macro (BMA) have performed compared to their sector so far this year.

Zacks 12 days ago

SDAWW

BMA

Performance Overview

Return	BAC	S&P 500
YTD	+16.11%	+11.29%
1-Year	+42.48%	+26.63%
3-Year	-0.32%	+28.97%

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Bank of America Corporation (BAC)

WaFd to sell CRE loans to Bank of America in $2.9B deal

Bank of America to buy WaFd's multi-family loan portfolio for $2.9 billion

Bank of America Announces Full Redemption of its Series JJ Preferred Stock and Series U Preferred Stock and Related Depositary Shares

Bank of America (BAC) Up 10.5% Since Last Earnings Report: Can It Continue?

Warren Buffett’s Top Favorite Stocks for 2024

Mid-Q2 2024 Investor Conference and Events Highlights Update

Exclusive-Bank of America banker who died had sought to leave, citing long hours, recruiter says

BofA Report: 70% of Prospective Homebuyers Feel Renting Could be Detrimental to their Financial Future

Warren Buffett Holds $175 Billion of His Portfolio in 2 Stocks That Could Rise 34% and 17%, According to a Pair of Wall Street Analysts

The 7 Most Undervalued Under-$50 Stocks to Buy in May 2024

Credit Card Net Charge-Offs Are Rising. Here's Why Banks Aren't Too Concerned.

67.3% of Warren Buffett's $361 Billion Portfolio Is Invested in Just 4 Stocks

Bank of America Recommends Shareholders Reject "Mini-Tender" Offer by Tutanota LLC

Vanguard Joins Pimco in Seeing More BOJ Hikes Than Market

Big banks complete climate analysis for Fed while Powell tries to avoid becoming climate policymaker

20 Largest Banks in the US by Customers

2 No-Brainer Billionaire-Owned Stocks to Buy Right Now

2 Dividend Stocks That Are Screaming Buys in May

Q1 2024 Assurant Inc Earnings Call

Are Finance Stocks Lagging Bank of America (BAC) This Year?

Performance Overview