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NYSE: BAC

Bank of America Corp /De/ (BAC) stock, explained like you're 5

Bank of America Corp /De/ trades on the New York Stock Exchange under the ticker BAC. It is a mega cap company in the banks diversified industry, part of the financial services sector, with a market value of about 381.4 billion dollars.

Ticker
BAC
Exchange
New York Stock Exchange
Sector
Financial Services
Industry
Banks Diversified
Size
Mega cap, about 381.4 billion dollars

How Bank of America Corp /De/ makes money

  • Interest earned on loans minus interest paid on deposits.
  • Fees for payments, advice, trading and insurance.
  • Investment returns on the money they manage.

What moves BAC stock

  • Interest rates and the health of the economy.
  • How many borrowers fail to repay loans.
  • Rules from regulators and market activity.

In the news lately

  • Bank of America (BAC) Stock Could Be 40% Below Fair Value On AI Spending Plans (Yahoo Finance)
  • Bank of America (BAC) Personal Retirement Strategy Tops $100 Billion In Assets (Simply Wall Street)
  • Why Did Banking Stocks GS, JPM, BAC Surge To 52 Week Highs Today? (Stocktwits)
  • VOO is down 0.2% today, on BAC stock price movement (Quiver Quantitative)
  • Bank of America (NYSE:BAC) Stock Price Target Lowered at Truist Financial (MarketBeat)

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Key terms to know before you follow BAC

Questions about Bank of America Corp /De/ stock

What does Bank of America Corp /De/ do?

Bank of America Corp /De/ trades on the New York Stock Exchange under the ticker BAC. It is a mega cap company in the banks diversified industry, part of the financial services sector, with a market value of about 381.4 billion dollars.

What is the ticker symbol for Bank of America Corp /De/?

Bank of America Corp /De/ trades under the ticker BAC on the New York Stock Exchange.

How does Bank of America Corp /De/ make money?

Interest earned on loans minus interest paid on deposits. Fees for payments, advice, trading and insurance. Investment returns on the money they manage.

What moves BAC stock?

Interest rates and the health of the economy. How many borrowers fail to repay loans. Rules from regulators and market activity.

How can I follow BAC stock every day?

Add BAC to your watchlist on Metric Finance. We post a free brief every trading day at 5 PM ET that explains what happened to the stocks you follow, in plain English.

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Educational information, not financial advice. This guide explains the business in general terms and does not include live prices.