Last ¥1,667 JPY
Change Today 0.00 / 0.00%
Volume 0.0
8648 On Other Exchanges
Symbol
Exchange
Mexico
Tokyo
Sao Paulo
Frankfurt
Bogota
As of 1:21 AM 04/18/14 All times are local (Market data is delayed by at least 15 minutes).

bank of america corp (8648) Snapshot

Open
¥1,660
Previous Close
¥1,667
Day High
¥1,676
Day Low
¥1,655
52 Week High
01/20/14 - ¥1,830
52 Week Low
04/23/13 - ¥1,150
Market Cap
17.6T
Average Volume 10 Days
2.3K
EPS TTM
--
Shares Outstanding
10.5B
EX-Date
--
P/E TM
--
Dividend
¥0.20
Dividend Yield
0.24%
Current Stock Chart for BANK OF AMERICA CORP (8648)

bank of america corp (8648) Details

Bank of America Corporation, through its subsidiaries, provides various banking and financial products and services for individual consumers, small and middle market businesses, institutional investors, corporations, and governments in the United States and internationally. The company’s Consumer & Business Banking segment offers traditional and money market savings accounts, CDs and IRAs, checking accounts, and investment accounts and products, as well as credit and debit cards; and lending related products and services, working capital management, and treasury solutions. This segment provides its products and services through operating 5,100 banking centers, 16,300 ATMs, call centers, and online and mobile banking platforms. Its Consumer Real Estate Services segment offers consumer real estate products comprising fixed and adjustable-rate first-lien mortgage loans for home purchase and refinancing needs, home equity lines of credit, and home equity loans. The company’s Global Wealth & Investment Management segment provides investment and brokerage, estate and financial planning, fiduciary portfolio management, cash and liability management, and specialty asset management services; and retirement and benefit plan, philanthropic management, and asset management services. Its Global Banking segment provides various commercial loans, leases, commitment facilities, trade finance, real estate and asset-based loans, and consumer loans; treasury management, foreign exchange, and short-term investing options; and debt and equity underwriting and distribution, and merger-related and other advisory services. The company’s Global Markets segment offers sales and trading services for securities and derivative products in primary and secondary markets; market-making, financing, securities clearing, settlement, and custody services to institutional investor clients; and risk management products. The company was founded in 1874 and is based in Charlotte, North Carolina.

238,560 Employees
Last Reported Date: 04/16/14
Founded in 1874

bank of america corp (8648) Top Compensated Officers

Chief Executive Officer, President, Director ...
Total Annual Compensation: $1.5M
Chief Financial Officer
Total Annual Compensation: $5.3M
Head of Compliance & Regulatory Relations and...
Total Annual Compensation: $4.1M
Co-Chief Operating Officer
Total Annual Compensation: $6.8M
Co-Chief Operating Officer
Total Annual Compensation: $4.6M
Compensation as of Fiscal Year 2013.

bank of america corp (8648) Key Developments

BofA Signs $950 Million Deal with FGIC to Settle RMBS Case

BofA signed a $950 million deal with FGIC to settle RMBS case. The recent agreement will resolve pending litigation as well as outstanding and potential claims by FGIC related to alleged representations and warranties breaches and other claims involving such securitizations. Under the terms of the settlement, the company will pay more than $365 million in direct cash payments to the RMBS Trusts, while FGIC received nearly $584 million. Fir Tree Partners, a majorbondholder of RMBS insured by FGIC since 2008, has welcomed the settlement.

Bank of America Corporation Reports Earnings Results for the First Quarter Ended March 31, 2014; Reports Total Net Charge-Offs for the First Quarter Ended March 31, 2014

Bank of America Corporation reported earnings results for the first quarter ended March 31, 2014. For the quarter, the company reported net interest income of $10,085 million against $10,664 million a year ago. Loss before income taxes was $681 million against income before income taxes of $1,984 million a year ago. Net loss was $276 million against net income of $1,483 million a year ago. Diluted loss per share was $0.05 against diluted earnings per share of $0.10 a year ago. Book value per share was $20.75 against $20.19 a year ago. Tangible book value per share was $13.81 against $13.36 a year ago. Adjusted net income was $1,659 million against $1,450 million a year ago. The company's revenues fell 2.7% to $22.6 billion. For the quarter, the company reported total net charge-offs of $1,388 million against $2,517 million a year ago.

Bank of America, Comptroller of the Currency and Consumer Financial Protection Bureau Reach Agreement Related to Credit Card Debt Cancellation and Identity Theft Protection Products

Bank of America announced that it has reached an agreement with the Office of the Comptroller of the Currency (OCC) and the Consumer Financial Protection Bureau (CFPB) to resolve issues related to the marketing and sale of credit card debt cancellation products and billing of identity theft protection products, including those marketed and billed by its vendors. Bank of America stopped marketing identity theft protection products in December 2011 and credit card debt cancellation products in August 2012. As part of the agreement, Bank of America will pay fines totaling $45 million to the OCC and CFPB and refund approximately $738 million to affected customers. The company has already issued refund payments to the majority of affected customers.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
8648:JP ¥1,667.00 JPY 0.00

8648 Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Citigroup Inc $48.22 USD +0.04
HSBC Holdings PLC 617.40 GBp +1.10
Industrial & Commercial Bank of China Ltd CNY3.47 CNY 0.00
JPMorgan Chase & Co $55.22 USD -0.04
Wells Fargo & Co $48.93 USD -0.16
View Industry Companies
 

Industry Analysis

8648

Industry Average

Valuation 8648 Industry Range
Price/Earnings 21.7x
Price/Sales 2.0x
Price/Book -- Not Meaningful
Price/Cash Flow 17.6x
TEV/Sales NM Not Meaningful
 | 

Post a JobJobs

View all jobs

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact BANK OF AMERICA CORP, please visit www.bankofamerica.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.