BAC · NYSE
Bank of America is a diversified U.S. financial-services company that sells deposit accounts, loans, payments, investment banking, securities trading, asset management and wealth-management services. It makes money primarily through net interest income on lending and investments, plus fees and market-based revenue from capital markets, brokerage, advisory and transaction services. Its customers span consumers, small businesses, corporations, institutional investors and high-net-worth clients. The supplied evidence does not provide a current segment revenue split or customer-count breakdown. BAC reported $113.1 billion of FY2025 revenue and $30.5 billion of net income, up from $105.9 billion and $27.0 billion in FY2024.
Bank of America gained $0.28, or 0.45%, over the supplied week, rising from $62.62 on July 28 to $62.90 on August 4. The move was primarily a recovery from a sharp midweek setback: shares fell 2.5% to $61.07 on July 29, then advanced for three consecutive sessions, including gains of 0.66% on July 30, 0.36% on July 31 and 0.85% on August 3, before adding 0.67% on August 4. The evidence identifies no BAC-specific common-stock announcement driving those reversals. Instead, sentiment reflected a strong backdrop for large banks, with robust sector trading, lending and investment-banking activity and the financial ETF XLF reaching a record high before easing.
Beat the Market the Zacks Way: Credo, Victoria's Secret, Bank of America in Focus
Financials Hit Record Highs as the AI Trade Unravels—Can They Keep Leading?
Fed's Hawkish Pause Puts JPMorgan in Focus: Buy, Sell or Hold?
Big Banks Deliver Strong Q2: ETFs in FocusMicron Stock Has Surged 637% in a Year. History Has a Clear Answer Where It Will Be in 2027Bank of America's Preferred Stock, Series GG About To Put More Money In Your PocketExperts Are Sounding the Alarm Over an AI Bubble. Here's What History Says Investors Should Do Right Now.