Banking Round-Up: Price-To-Book Ratio Comparisons
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Bank of America's CEO Discusses Q3 2012 Results - Earnings Call TranscriptWed, Oct 17, 2012 • 6 Comments
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Bank of America's CEO Discusses Q2 2012 Results - Earnings Call TranscriptWed, Jul 18, 2012 • 6 Comments
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Bank of America's CEO Discusses Q4 2011 Results - Earnings Call TranscriptThu, Jan 19, 2012 • 1 Comment
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Bank of America's CEO Discusses Q3 2011 Results - Earnings Call TranscriptTue, Oct 18, 2011 • 1 Comment
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Bank of America Corporation Special CallThu, Aug 11, 2011 • 10 Comments
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Bank of America's CEO Discusses Q2 2011 Results - Earnings Call TranscriptTue, Jul 19, 2011 • 1 Comment
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Bank of America's CEO Discusses Q1 2011 Results - Earnings Call TranscriptFri, Apr 15, 2011 • 3 Comments
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Bank of America's CEO Discusses Q4 2010 Results - Earnings Call TranscriptFri, Jan 21, 2011 • 1 Comment
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Bank of America Corporation Q1 2010 Earnings Call TranscriptFri, Apr 16, 2010
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Bank of America Corporation Q4 2009 Earnings Call TranscriptWed, Jan 20, 2010 • 1 Comment
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Bank of America Corporation Q3 2009 Earnings Call TranscriptFri, Oct 16, 2009 • 1 Comment
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Bank of America Corporation Q2 2009 Earnings Call TranscriptFri, Jul 17, 2009
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Bank of America Corporation Q1 2009 Earnings Call TranscriptMon, Apr 20, 2009
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The Trader's Expo New York: A Commodity Trader's Stock Picks TranscriptFri, Feb 27, 2009 • 3 Comments
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Bank of America Corporation Q4 2008 Earnings Call TranscriptMon, Jan 19, 2009 • 3 Comments
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Bank of America Corporation Q3 2008 Earnings Call TranscriptTue, Oct 7, 2008
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at Fox Business (Fri, 11:16AM)
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at CNBC.com (Thu, 2:36PM)
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at Fox Business (Thu, 9:52AM)
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at MarketWatch.com (Thu, 8:00AM)
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at CNBC.com (Thu, 5:59AM)
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at CNBC.com (Tue, 6:16PM)
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at MarketWatch.com (Tue, 4:16PM)
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at CNBC.com (Tue, 4:06PM)
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at MarketWatch.com (Tue, 10:27AM)
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Business Wire (Tue, 8:30AM)
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at Fox Business (Tue, 7:34AM)
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at CNBC.com (May 13, 2013)
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Business Wire (May 13, 2013)
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at Fox Business (May 10, 2013)
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at Fox Business (May 10, 2013)
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at Fox Business (May 9, 2013)
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at Fox Business (May 9, 2013)
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at CNBC.com (May 8, 2013)
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at Fox Business (May 8, 2013)
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at CNBC.com (May 8, 2013)
BAC vs. ETF Alternatives
Company Description
Bank of America Corporation (together, with its consolidated subsidiaries, Bank of America, the Corporation, our company, we or us) is a Delaware corporation, a bank holding company and a financial holding company under the Gramm-Leach-Bliley Act. Our principal executive offices are located in... More
- All
- | Earnings
- | Dividends
- | M&A
- | On the move
- Tuesday, April 2, 7:18 AM Bank of America's (BAC) prime brokerage unit hires former Morgan Stanley (MS) executive Deepak Abraham as Asia Pacific head of capital strategy. Abraham used to run Morgan's MENA prime brokerage operations. 1 Comment [Financials]
- Monday, April 1, 4:02 PM The bank stock rally has paused since the results of the Fed's capital-review tests, but improving underlying fundamentals continue, says Sterne Agee. Warnings about lower mortgage profits should be offset by stronger lending demand elsewhere. Favorites heading into earnings: BAC, C, JPM, KEY, PACW, PNC, BPOP, OFG. 7 Comments
- Monday, April 1, 12:00 PM Bank of America (BAC) is biggest so it's only natural it should lead by a wide margin in mortgage-related complaints made to the CFPB, according to the bank, which blames its #1 spot on the Countrywide acquisition. BofA accounts for 29% of all complaints filed to date, compared to #2 Wells Fargo (WFC) with 16%. 8 Comments [Financials]
- Saturday, March 30, 10:44 AM A trust sues Bank of America's (BAC) Merrill Lynch for ~$310M in connection with the securitization of nearly 6,000 mortgages in 2007. The suit, which alleges breach of representations and warranties related to the securitizations, was filed Friday in New York State Supreme Court. 12 Comments [Financials]
- Friday, March 29, 7:34 AM BofA (BAC) and Societe Generale (SCGLF.PK) have appealed a judge's denial of a lawsuit in which they sought to reverse regulatory approval of MBIA's (MBI) restructuring in 2009. The bank's argue that overhaul harmed them as policy holders, and that the authorization "was arbitrary and capricious and an abuse of discretion." 6 Comments [Financials]
- Wednesday, March 27, 10:16 AM "I could do this the rest of my life," says Bank of America (BAC) CEO Moynihan of his current job. The days of acquisitions, share buybacks, and dividends all at the same time are over, he says, vowing to forego some profit during good times so as not to give it all back during the bad. Think of it as the anti-Chick Prince: "While the music's playing, you've got to dance." 4 Comments [Financials]
- Tuesday, March 26, 1:08 PM M&T Bank (MTB) looks to benefit as Bank of America (BAC) shutters its mortgage-servicing operation in Western New York, not only growing its own servicing business, but taking over the lease for BofA's 132K square foot facility, and maybe hiring most if not all of the employees scheduled to be let go. 2 Comments [Financials]
- Monday, March 25, 8:01 AM New compensation policy at Bank of America (BAC) will reportedly require CEO Moynihan and other top executives to hold onto their stock for at least a year after retirement. Previously, they were able to sell company shares immediately upon retirement. The new requirements "demonstrate the alignment of the interests of the (execs) with those of the company's stockholders," says BofA. 6 Comments [Financials]
- Wednesday, March 20, 3:56 AM Freddie Mac (FMCC.OB) has sued Bank of America (BAC) JPMorgan (JPM), Citigroup (C) and 12 other major banks for losses caused by the manipulation of the Libor rate. Freddie, which invested in mortgage bonds and swaps tied to U.S. dollar Libor, is seeking a whole gamut of damages for what it sees as fraud, antitrust violations and breach of contract. The FHFA has already calculated that Freddie and Fannie Mae lost $3B in total because of the Libor manipulation. 11 Comments [Financials]
- Monday, March 18, 5:03 PM Bank of America (BAC) is the stock to own in 2013, says Meredith Whitney, calling it one of the most undervalued firms going into the stress tests. It's got value, catalysts, and momentum, she says, a very rare triple threat for a big bank. $15/share is a chip shot and the stock's a double over the next 18 months, she tells CNBC. Shares +0.8% AH. 15 Comments [Financials]
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Thursday, March 14, 5:53 PM
After-hours top gainers, as of 5:15 p.m.: MUX +4%. BAC +4%. DFS +3%. RRD +2%. MS +2%.
After-hours top losers: GLDD -31%. ULTA -11%. MWA -9%. KKD -6%. ARO -6%. 6 Comments [On the Move] - Thursday, March 14, 5:14 PM After hours movers in the banks: JPM -2.5% and GS -2.1% after the two had their capital proposals approved but were asked to submit new plans "to address weakness in their capital planning processes." WFC +0.4%, BAC +3.8% after no dividend hike, but a whopping $10.5B in share repurchases and redemption of high-yielding preferreds. Morgan Stanley +0.9%. The XLF +0.1%. 18 Comments [Financials, On the Move]
- Thursday, March 14, 4:54 PM More on bank capital return plans: JPMorgan (JPM) an increase in the dividend to $0.38 from $0.30 and $6B in share repurchases over the next year (the plan was approved, but the Fed has asked for a resubmission this year). Bank of America (BAC) no increase in the dividend, but share repurchases of $5B and the redemption of $5.5B in preferred stock. 27 Comments [Financials]
- Thursday, March 14, 7:57 AM A Dallas Fed plan to cap assets at FDIC-insured banks at $250B would force most of the TBTFs to more than halve their consumer and business-lending units. Such a limit, says Dallas Fed EVP Rosenblum, is required to allow the FDIC to shut them down without using taxpayer funds. The Dallas proposal isn't becoming law anytime soon, but it is driving the debate in D.C. 6 Comments [Financials]
- Thursday, March 14, 7:18 AM Bank of America (BAC) has reportedly hired Grant Chamberlain to be its head of M&A, poaching him from Nomura where he was that lender's chief of Australian M&A. At the moment BofA isn't a player of note in Australian M&A, but that seems likely to change. 1 Comment [Financials]
- Thursday, March 14, 4:48 AM The SEC has said that JPMorgan (JPM), Bank of America (BAC) and Morgan Stanley (MS), as well as Citigroup (C), don't have to hold votes at their annual meetings on motions that would require them to consider "extraordinary transactions," including being broken up. The proposals came from labor and religious groups, with a motion from the AFL-CIO, for example, saying that JPM's $6B whaling loss had shown that it had become too big to manage. 10 Comments [Financials]
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Daniel Nadler
Bank of America historically averages a loss of 5.68% in the week following its earnings: http://stks.co/aQnz $BAC $SPY $XLF - View all 0 replies
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Moses3rdeye: I might jump in at around 11.20 its down again in after hours should be a good trade on this pull back
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Dave Dierking
Still need to read more about the $BAC earnings call but I'm liking its prospects as a deep value play. - View all 1 replies
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Moses3rdeye: My thoughts exactly looking for it to drop another 20 cents then I'll jump in
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WhisperNumber
$BAC earnings $0.20, four cents short of the whisper number. Expected price reaction: http://seekingalpha.com/a/su2b - View all 0 replies
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vireoman: And, oddly enough, you've been saying for months that NOK will soon be dust. Maybe Thursday will be the first indication. -
DeepValueLover: Please link to even one post where I wrote that Nokia "will soon be dust". Go ahead...I'll wait.
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Ocean Man: If CAT dips next Monday into the 70s, that could be interesting.
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Quoth the Raven
Are you going to play BAC earnings? I bet we see far more volatility than we did on JPM today. $BAC http://seekingalpha.com/a/slzh - View all 0 replies
LATEST REPLIES
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Ghosts of Kariela: his GGP off to increase cash. So he might see potential withdrawals in the future.
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Ran Moshe: They will not closed ended, just closed to new investors. Existing investors would still be able to withdraw or invest.
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ATfinancialcorp: bilton i feel the same way, i feel like i married this thing
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bilton: ATfin, all depends on if lifetime commitment or you have a profit target. Wipeout of monthly dividend yield changed rules. Now growth only.
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NaveenB: I am thinking of selling covered calls on my SHLD position, if any thing, that will make the stock price rise...
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Todd Johnson
Why $AAPL talk when it's not moving? Hundreds of stocks going up - and Samsung, Goog, Apple the talk. Move on to new subjects & make $BAC - View all 1 replies
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ComputerBlue: Short term pain..long term pleasure. I think an opportunity to buy/add awaits.
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O. Young Kwon
TANER Stock Model [TSM] Momentum 1/30/2013 (Wednesday): (2-3) Bank of America ($BAC) Aetna ($AET) <c> - View all 2 replies
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O. Young Kwon: (The numbers are terms in months.) For The TANER System and its four Models, read my article. Link:http://seekingalpha.com/a/hitr yk
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Mark Kowalski
Anyone else thinking of taking up and long $BAC and $C. Earnings weakness makes them very attractive - View all 7 replies
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Derek Chipman
$BAC - neglect the short-term post earning sell off, its essentially meaningless, $BAC will outperform in FY 2013. - View all 4 replies
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Derek Chipman: Yeah, I agree with you. I am not happy with the outcome either. Disc. I am long BAC
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Derek Chipman: Yeah, I agree with you. I am not happy with the outcome either. Disc. I am long BAC
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BradFreed: I was in at 4.95--but im essentially out at 12. Cramer comes late to the party wayyyy too often for my liking
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Garthilk: Yeah, actually steered people away from BAC, not sure why, not like BAC is going anywhere.
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Ghosts of Kariela
Portfolio all over the place, $APPL massively down, $AIG down, $BAC down, but $SHLD is up up up! It's short squeeze time! - View all 5 replies
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Ghosts of Kariela: Well buying opportunity I guess. might buy some BAC B warrants if the opportunity presents itself.
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Ghosts of Kariela
Opened a position in $BAC A warrants, also opened a position in $LUK. Already up on $RGR might add some tomorrow. - View all 1 replies
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Ghosts of Kariela
Hmmm $BAC near 52 wk high, what to do..... interesting call activity today, I'm thinking hold, not too sure though - View all 10 replies
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Ghosts of Kariela: market driving up toward earnings, we'll see, I'm holding. As per lawsuits, was intending to purchase $MBI earlier, never got around to it
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