Is Bank of America stock a buy?
What Is The Conclusion?
Right now our advanced algorithms say:
Do the analyst corps agree?
Interesting Questions and Easy Answers!
Yes, Bank of America pays dividends. Last time was Friday 15th of November 2024 where the investors holding the stock on Thursday 31st of October 2024 were paid $0.36606 per share. Over the last 72 times between 2007 and 2024, Bank of America has paid $19.67455 with an average of $0.27 per share.
Sorry, we do not have any analyst data for this ticker
We cannot find data for Bank of America 10 years ago, but if you had invested on Friday 22nd of November 2019 when the price was $24.15, you would have made a loss of $-0.0700 per share or -0.29%
No, the average daily trading liquidity for Bank of America is $14 627 thousand. Trading in stocks with this little trading liquidity is very dangerous, and you can get into a situation where it will be hard to trade your stocks. In addition, these types of stocks usually have very high volatility.
Bank of America has a normal ratio of the business financed by loans. This puts the company at some risk in periods of high inflation where borrowing costs usually go up. Bank of America has a very good net profit margin of 28.72% and should have very high tolerances against inflation.
We have calculated the inflation risk for Bank of America to be low [0.45 of 1]
US inflation for August 2024 was 0.19%. Over the last 12 months, the US inflation is 2.59%. The 10-year treasury yield that indicates the future interest level is currently 4.41 and is up 0.05 over the last 30 days.