Bank of America Aktie News

Bank of America's Q1 financial results showed a small increase in net interest income and a decrease in non-interest expenses. The FDIC Special Assessment had a negative impact on the bank's net income, but preferred dividends remain safe. The Series HH preferred shares have a fixed dividend yield of 5.98% and are currently trading below par.

Financial giant Bank of America Corp (NYSE:BAC) stock suffered a sharp pullback to the 80-day moving average, but has quickly recaptured the 20- and 50-day trendlines. The equity also bottomed right at the 20-week exponential moving average and broke above the +10% year-to-date and +20% year-over-year levels on a rebound.

The company operates through three segments: Credit Card Consumer Banking Commercial Banking The company accepts: Checking accounts Money market deposits, Negotiable order of withdrawals Savings deposits Time deposits Its loan products include: credit card loans, auto and retail banking loans, commercial and multifamily real estate loans, and commercial and industrial loans.

CHARLOTTE, N.C. , April 25, 2024 /PRNewswire/ -- Bank of America Corporation today announced the Board of Directors declared a regular quarterly cash dividend on Bank of America common stock of $0.24 per share, payable on June 28, 2024 to shareholders of record as of June 7, 2024.

Ennis, Inc. did not report significant quarterly net sales growth, but the company trades at a low valuation and offers a high dividend yield. The company has a healthy balance sheet with no debt and recently acquired new targets, which could lead to significant net income growth in the future.

Markets were scared to wake up to the Federal Reserve (the Fed) pulling the rug. After pricing in the proposed interest rate cuts for 2024, which were set to be implemented by March, then May, and now September, according to the CME's FedWatch tool, markets retraced on the thought of no more cuts coming this year.

Global stock indices continued an upward trend in March, with both U.S. and non-U.S. stocks rising by 3%.

Shareholders at annual meetings on Wednesday rejected separate proposals at Goldman Sachs Group Inc. and Bank of America Corp. to separate the roles of chair and chief executive at the banks.