Company Overview and News


Add BAC
to your dashboard

Headline News

FDIC-Insured Banks' Q3 Earnings Impressive, Revenues Rise

3h zacks
Federal Deposit Insurance Corporation (FDIC)-insured commercial banks and savings institutions reported third-quarter 2017 earnings of $47.9 billion, up 5.2% year over year. Notably, community banks, constituting 92% of all FDIC-insured institutions, reported net income of $6 billion, up 9.4% on a year-over-year basis. (204-0)

Tracking Allan Mecham's Arlington Value Capital Portfolio - Q3 2017 Update

5h seekingalpha
Arlington Value Capital’s 13F portfolio value increased from $874M to $1B. The number of positions increased from 23 to 24. (226-0)

Private Investors Are Buying Stocks Again - Bank Of America

18h valuewalk
For the past nine years, private investors have avoided stocks. According to Bank of America’s weekly client asset flow trends report, in every year since 2008, private clients have sold equities on a net basis. The only year to buck this trend was in 2015 when clients acquired a net $1.8 billion in stocks including ETF flows. Excluding ETFs, outflows came in at $30 billion. (120-0)

5 Blue-Chip Stocks to Sell for December 

2017-11-22 investorplace
Stocks continue to grind higher, led by the near-vertical rise of big-cap tech stocks like Amazon.com, Inc. (NASDAQ:AMZN) and Apple Inc. (NASDAQ:AAPL). But change is in the air. (357-1)

Royal Bank of Canada in G-SIB 2017 List, JPMorgan Most Risky

2017-11-22 zacks
The Financial Stability Board (FSB) recently issued a list of 30 global systemically important banks (G-SIBs). The list comprises names of large banks with extensive global presence whose failure can rattle the global economy. (279-0)

This Market Will Never Crash

2017-11-22 seekingalpha
The anatomy of a "crash" and what we can reasonably expect once the next bear market finally arrives at some point in the future. (148-0)

FMN / Federated Premier Municipal Income Fund - Stock Institutional Ownership and Shareholders - Fintel.io

2017-11-21 fintel.io
Federated Premier Municipal Income Fund (NYSE:FMN) has 2 institutional investors and shareholders that have filed 13D/G or 13F forms with the Securities Exchange Commission (SEC). These institutions hold a total of 647,530 shares. Largest shareholders include First Trust Portfolios Lp, and Bank Of America Corp /de/. (120-0)

OZM / OCH-Ziff Capital Management Group LLC - Stock Institutional Ownership and Shareholders - Fintel.io

2017-11-21 fintel.io
OCH-Ziff Capital Management Group LLC (NYSE:OZM) has 95 institutional investors and shareholders that have filed 13D/G or 13F forms with the Securities Exchange Commission (SEC). These institutions hold a total of 90,487,633 shares. Largest shareholders include Abrams Capital Management, L.p., Morgan Stanley, Blue Ridge Capital, L.L.C., Odey Asset Management Group Ltd, and Bank Of America Corp /de/. (176-0)

Follow the Money in These 7 ETFs to Buy Now | InvestorPlace

2017-11-21 investorplace
Major financial stocks have had a pretty good year in 2017. Big names like Citigroup Inc (NYSE:C) and Bank of America Corp (NYSE:BAC) have jumped roughly 20% since Jan. 1 to outperform the S&P 500’s 16% gain. And only megabank Wells Fargo & Co (NYSE:WFC) has really struggled, and that’s for good reason in the wake of its fake accounts scandal. (251-0)

BofI Holding: The Truth Is In Between

2017-11-21 seekingalpha
Opinions on the stock, both positive and negative, have tended toward the extremes over the last 18 months. (210-0)

Zions Seeks to Simplify Structure to Remove Regulatory Tag

2017-11-21 zacks
With the aim of simplifying corporate structure and streamlining business operations, Zions Bancorporation (ZION - Free Report) intends to merge its parent company into its banking subsidiary. With this move, the holding company will be eliminated and the resulting banking organisation will continue to operate with its existing name. Once the corporate structure is simplified, Zions will be eligible to file an application with the Financial Stability Oversight Council ("FSOC") seeking to get the "systemically important" regulatory label removed from its name. (223-1)

Royal Bank of Scotland (RBS) Launches Robo-Advisory Services

2017-11-21 zacks
In order to attract young investors, Royal Bank of Scotland (RBS - Free Report) launched robo-advisory services through its NatWest Invest platform. This is a new digital and low-cost option aimed at helping customers who prefer managing their investments themselves. This new investment program is a blend of technologies and provides access to professional advice from the company’s advisory department. (89-1)

Weak Quant Score Hurt Bank of America (BAC) Rating

2017-11-21 investorplace
Bank of America Corp (NYSE:BAC) is ranked as a Hold using Louis Navellier's investing system and his Portfolio Grader stock evaluator. BAC has recently seen its Portfolio Grader rating downgraded over the last month from a Buy to a Hold. (76-1)

Citigroup Vs. Bank Of America - Has Citi Been Punished Enough?

2017-11-21 seekingalpha
This article focuses on Citigroup (C) but will also be of interest to holders of Bank of America (BAC). (184-0)

Tracking Ole Andreas Halvorsen's Viking Global Portfolio - Q3 2017 Update

2017-11-21 seekingalpha
Halvorsen's 13F portfolio value increased from $14.85B to $15.44B. The number of positions increased from 53 to 59. (1331-6)

CUSIP: 060505104