Finder is committed to editorial independence. While we receive compensation when you click links to partners, they do not influence our content.

How to buy Bank of America (BAC) stocks

Learn how to easily invest in Bank of America stocks.

Bank of America is a banks-diversified business based in the US. Bank of America stocks (BAC.US) are listed on the NYSE and all prices are listed in US Dollars. Its last market close was $27.78 – an increase of 1.41% over the previous week. Bank of America employs 217,000 staff and has a trailing 12-month revenue of around $94.5 billion.

How to buy Bank of America stock

  1. Choose a stock trading platform. Use our comparison table or choose from our Top Picks below.
  2. Open an account. Provide your personal information and sign up.
  3. Fund your account. Deposit funds unto your account by linking your banking information or transfer funds from another trading account.
  4. Search for the stock name – BAC. Search for the stock by name or ticker symbol.
  5. Buy the stock. Place your order. It's that simple.

Promoted for Beginners

National Bank Direct Brokerage

  • Commission-free trading
  • Several account types available
  • Access to array of research tools

Promoted for Low Fees

CIBC Investor's Edge

  • Easy to use platform
  • Low fees
  • Student and young investor discounts

Best for Lowest Commissions

Finder Award

Interactive Brokers

  • Access to international stock exchanges
  • Low margin rates
  • Powerful research tools

Bank of America stock price (NYSE:BAC)

Use our graph to track the performance of BAC stocks over time.

Bank of America shares at a glance

Information last updated 2023-05-31.
Latest market close$28.71
52-week range$26.32 - $38.13
50-day moving average $28.37
200-day moving average $32.71
Wall St. target price$36.40
PE ratio 8.4865
Dividend yield $0.87 (3.11%)
Earnings per share (TTM) $3.33

Buy Bank of America stocks from these online trading platforms

Compare special offers, low fees and a wide range of investment options among top trading platforms.

Note: The dollar amounts in the table below are in Canadian dollars.

1 - 5 of 5
Name Product Finder Rating Available Asset Types Stock Trading Fee Account Fee Signup Offer Table description
CIBC Investor's Edge
Finder Rating:
3.8 / 5
Stocks, Bonds, Options, Mutual Funds, ETFs
$0 if conditions met, or $100
An easy-to-use platform with access to a variety of tools to help you trade with confidence.
Interactive Brokers
Finder Rating:
4.3 / 5
Stocks, Bonds, Options, ETFs, Currencies, Futures
min $1.00, max 0.5%
Winner for Best Overall Broker in the Finder Stock Trading Platform Awards.
National Bank Direct Brokerage
Finder Rating:
4.2 / 5
Stocks, Bonds, Options, Mutual Funds, GICs
$0 if conditions met, or $100
Get $0 commission on all transactions with promo code: finder
Finder Rating:
4.3 / 5
Stocks, Bonds, Options, Mutual Funds, ETFs, GICs, International Equities, Precious Metals
$4.95 - $9.95
Get $50 in free trades when you fund your account with a minimum of $1,000.
Opt for self-directed investing and save on fees or get a pre-built portfolio to take out some of the guesswork.
Qtrade Direct Investing
Finder Rating:
3.7 / 5
Stocks, Bonds, Options, Mutual Funds, ETFs, GICs
$6.95 - $8.75
$0 if conditions met, otherwise $25/quarter
Get up to $150 sign-up bonus. Use promo code BONUS150. Conditions apply. Ends June 30, 2023.
Low trading commissions and an easy-to-use platform with access to powerful tools and a wide selection of investment options.

Is it a good time to buy Bank of America stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

Bank of America price performance over time

Historical closes compared with the close of $28.71 from 2023-06-02

1 week (2023-05-25) 1.92%
1 month (2023-05-03) 3.05%
3 months (2023-02-27) N/A
6 months (2022-11-29) N/A
1 year (2022-06-02) -21.77%
2 years (2021-06-03) -33.62%
3 years (2020-06-03) 10.47%
5 years (2018-06-01) 29.4

Is Bank of America stock undervalued or overvalued?

Valuing Bank of America stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Bank of America's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Bank of America financials

Revenue TTM $94.5 billion
Operating margin TTM 34.04%
Gross profit TTM $92.4 billion
Return on assets TTM 0.89%
Return on equity TTM 10.47%
Profit margin 30.28%
Book value $31.58
Market capitalisation $225.2 billion

TTM: trailing 12 months

Bank of America's environmental, social and governance track record

Environmental, social and governance (known as ESG) criteria are a set of three factors used to measure the sustainability and social impact of companies like Bank of America.

When it comes to ESG scores, lower is better, and lower scores are generally associated with lower risk for would-be investors.

Bank of America's total ESG risk score

Total ESG risk: 34.53

Socially conscious investors use ESG scores to screen how an investment aligns with their worldview, and Bank of America's overall score of 34.53 (as at 01/01/2019) is nothing to write home about – landing it in it in the 55th percentile of companies rated in the same sector.

ESG scores are increasingly used to estimate the level of risk a company like Bank of America is exposed to within the areas of "environmental" (carbon footprint, resource use etc.), "social" (health and safety, human rights etc.), and "governance" (anti-corruption, tax transparency etc.).

Bank of America's environmental score

Environmental score: 7.74/100

Bank of America's environmental score of 7.74 puts it squarely in the 8th percentile of companies rated in the same sector. This could suggest that Bank of America is a leader in its sector terms of its environmental impact, and exposed to a lower level of risk.

Bank of America's social score

Social score: 23.11/100

Bank of America's social score of 23.11 puts it squarely in the 8th percentile of companies rated in the same sector. This could suggest that Bank of America is a leader in its sector when it comes to taking good care of its workforce and the communities it impacts.

Bank of America's governance score

Governance score: 14.68/100

Bank of America's governance score puts it squarely in the 8th percentile of companies rated in the same sector. That could suggest that Bank of America is a leader in its sector when it comes to responsible management and strategy, and exposed to a lower level of risk.

Bank of America's controversy score

Controversy score: 3/5

ESG scores also evaluate any incidences of controversy that a company has been involved in. Bank of America scored a 3 out of 5 for controversy – a middle-of-the-table result reflecting that Bank of America hasn't always managed to keep its nose clean.

Bank of America share dividends


Dividend payout ratio: 26.04% of net profits

Recently Bank of America has paid out, on average, around 26.04% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 3.11% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Bank of America shareholders could enjoy a 3.11% return on their shares, in the form of dividend payments. In Bank of America's case, that would currently equate to about $0.87 per share.

While Bank of America's payout ratio might seem fairly standard, it's worth remembering that Bank of America may be investing much of the rest of its net profits in future growth.

Bank of America's most recent dividend payout was on 30 June 2023. The latest dividend was paid out to all shareholders who bought their shares by 1 June 2023 (the "ex-dividend date").

Have Bank of America's shares ever split?

Bank of America's shares were split on a 2:1 basis on 30 August 2004. So if you had owned 1 share the day before before the split, the next day you'd have owned 2 shares. This wouldn't directly have changed the overall worth of your Bank of America shares – just the quantity. However, indirectly, the new 50% lower share price could have impacted the market appetite for Bank of America shares which in turn could have impacted Bank of America's share price.

Bank of America share price volatility

Over the last 12 months, Bank of America's shares have ranged in value from as little as $26.32 up to $38.1284. A popular way to gauge a stock's volatility is its "beta".

BAC.US volatility(beta: 1.38)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Bank of America's is 1.3783. This would suggest that Bank of America's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).

Bank of America overview

Bank of America Corporation, through its subsidiaries, provides banking and financial products and services for individual consumers, small and middle-market businesses, institutional investors, large corporations, and governments worldwide. Its Consumer Banking segment offers traditional and money market savings accounts, certificates of deposit and IRAs, noninterest-and interest-bearing checking accounts, and investment accounts and products; and credit and debit cards, residential mortgages, and home equity loans, as well as direct and indirect loans, such as automotive, recreational vehicle, and consumer personal loans. The company's Global Wealth & Investment Management segment offers investment management, brokerage, banking, and trust and retirement products and services; and wealth management solutions, as well as customized solutions, including specialty asset management services. Its Global Banking segment provides lending products and services, including commercial loans, leases, commitment facilities, trade finance, and commercial real estate and asset-based lending; treasury solutions, such as treasury management, foreign exchange, and short-term investing options and merchant services; working capital management solutions; and debt and equity underwriting and distribution, and merger-related and other advisory services. The company's Global Markets segment offers market-making, financing, securities clearing, settlement, and custody services, as well as risk management products using interest rate, equity, credit, currency and commodity derivatives, foreign exchange, fixed-income, and mortgage-related products. The company was founded in 1784 and is based in Charlotte, North Carolina. .

Stocks similar to Bank of America

Frequently asked questions

Disclaimer: This information should not be interpreted as an endorsement of futures, stocks, ETFs, options or any specific provider, service or offering. It should not be relied upon as investment advice or construed as providing recommendations of any kind. Futures, stocks, ETFs and options trading involves substantial risk of loss and therefore are not appropriate for all investors. Trading forex on leverage comes with a higher risk of losing money rapidly. Past performance is not an indication of future results. Consider your own circumstances, and obtain your own advice, before making any trades.

More on investing

More guides on Finder

Go to site