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Investor Insights

This summary was created by AI, based on 28 opinions in the last 12 months.

Experts have mixed opinions on Bank of America, with some recommending it as a top pick with strong wealth management and investment banking while others express concerns about potential risks such as commercial real estate and rising interest rates. The stock is currently trading at a low PE ratio and offers a decent dividend yield, but uncertainties remain regarding its performance in the future.

Consensus
Mixed
Valuation
Fair Value
Similar
JPM, JPM-N
HOLD
Bank of America

Buffett is selling his holding, but if things were very wrong with BAC Buffett would be selling a lot faster. He himself holds a small position. He predicts BAC will benefit from a massive IPO, maybe later next year in a new M&A cycle.

banks
BUY
Bank of America

Berkshire trimmed some BOA shares. We're late cycle: credit card delinquencies have jumped from 5% to 11% in a year. Nothing is wrong with BOA. It's fine to trim shares in companies and build Berkshire's war chest.

banks
WEAK BUY
Bank of America

Is a good play on the US economy, which won't enter a recession. Rate cuts will help. Prefers JPMorgan.

banks
HOLD
Bank of America

Always interesting when Mr. Buffett sells assets, to be taken with a grain of salt. BRK has a much different time horizon, could just be realizing full value, might just be pivoting to better opportunities. Great quality. If you own it, still a good core holding. Better opportunities out there, but don't exit completely.

Wants to see stronger revenue growth, further reduce debt ratio, continue delivering shareholder returns. 

banks
PAST TOP PICK
Bank of America
(A Top Pick Aug 10/23, Up 27%)

Great business. Executed well. Too big to make acquisitions anymore. Can grow nicely on retail, credit card, investment banking, and brokerage sides.

Despite economic slowdown, banking industry not facing a crisis. Lots of capital to buy back shares or increase dividend. It's not 2008 or 2020 again. Loan losses have gone up, but they've reserved a lot. Plus, US banks can cut costs a lot faster than Canadian banks.

banks
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TOP PICK
Bank of America

The Bank of America Corporation is an American multinational investment bank and financial services holding company headquartered at the Bank of America Corporate Center in Charlotte, North Carolina, with investment banking and auxiliary headquarters in Manhattan. The bank was founded in San Francisco, California. Social media mentions are up 1300% in the past 24h.

banks
HOLD
Bank of America

Scores 8/10 fundamentally. One of the largest financial institutions in US, with more than $3T of assets. When it gets too big a position, she trims a bit, and then lets the profits ride.

banks
HOLD
Bank of America

There's exuberance on today's results. BAC is set up for success. Capital markets will benefit from more activity, and are set up for a steepening yield curve if Trump is president (and he imposes tarfiffs which raises inflation). Also, they're in strong financial shape

banks
BUY
Bank of America

High quality. Growth. Stress tests have been good. If you don't want to be penalized by the currency exchange, consider buying the CDR, for which you pay a small fee.

banks
BUY
Bank of America

After last year's regional bank meltdown, Washington will now backstop them to prevent contagion. But recently BAC's CEO said that bank net interest margins may be suspect going forward, because the consumer is weakening. That said, BAC is well priced and their dividend will grow. Happy to own this.

banks
BUY
Bank of America

Great stock. 11x earnings too cheap. Buy more. Solid dividend. 

banks
WATCH
Bank of America

Higher rates benefit banks because it raises their earnings. Also, consumers in the US are not under pressure (defaults aren't rising). He likes US banks and has bought and sold this. He's waiting to see what US bank earnings look like. This is one of his bank choices.

banks
BUY
Bank of America
Citi and BAC

BAC has shown recent strength with a rally, with their Merrill Lynch franchise helping earnings and is better than Citi. Citi is a turnaround story as they reduce staff and streamline. Citi have risen recently though.

banks
HOLD
Bank of America

Does not own shares. Would prefer Morgan Stanley. Diverse business - not as focused on investment banking. Important to remember interest rate exposure. If rates fall - will be good for business. Mortgage rate renewal will also affect business. Would watch closely. 

banks
TOP PICK
Bank of America

US bank results were pretty good, but not received that well. Stocks sold off. Due to Jamie Dimon's penchant for pouring cold water on any good story to keep investors grounded. BAC beat earnings and revenue. Net interest income was better than expected. CEO was fairly positive on consumer, and higher rates would be a net positive into the end of the year. Yield is 2.7%.

Solid holding. Will have its time in the sun, so it's a Top Pick today. Ample liquidity to cover unrealized paper losses of bond portfolio, so don't be scared.

(Analysts’ price target is $39.46)
banks
Showing 1 to 15 of 1,288 entries

Bank of America(BAC-N) Rating

Ranking : 5 out of 5

Bullish - Buy Signals / Votes : 16

Neutral - Hold Signals / Votes : 5

Bearish - Sell Signals / Votes : 4

Total Signals / Votes : 25

Stockchase rating for Bank of America is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Bank of America(BAC-N) Frequently Asked Questions

What is Bank of America stock symbol?

Bank of America is a American stock, trading under the symbol BAC-N on the New York Stock Exchange (BAC). It is usually referred to as NYSE:BAC or BAC-N

Is Bank of America a buy or a sell?

In the last year, 25 stock analysts published opinions about BAC-N. 16 analysts recommended to BUY the stock. 4 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Bank of America.

Is Bank of America a good investment or a top pick?

Bank of America was recommended as a Top Pick by on . Read the latest stock experts ratings for Bank of America.

Why is Bank of America stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Bank of America worth watching?

25 stock analysts on Stockchase covered Bank of America In the last year. It is a trending stock that is worth watching.

What is Bank of America stock price?

On 2024-09-12, Bank of America (BAC-N) stock closed at a price of $38.78.