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 Monday 18th of November 2024 where the investors holding the stock on Friday 1st of November 2024 were paid $0.26563 per share. Over the last 12 times between 2022 and 2024, Bank of America has paid $3.24953 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 Wednesday 20th of October 2021 when the price was $25.02, you would have made a loss of $-6.43 per share or -25.70%
Yes, the average daily trading liquidity for Bank of America is $103 614 thousand. You should therefore be able to get in and out of your positions relatively fast.
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.