Bank of America is a banks - diversified business based in the US. Bank of America stocks (BAC) are listed on the NYSE, and all prices are listed in US Dollars.
Its last market close was $52.61, which is a decrease of 1.52% over the previous week. Bank of America employs 213,000 staff and has a trailing 12-month revenue of around $101.4 billion.
Keep reading to see up-to-date Bank of America stock price and performance data, along with a step-by-step guide for how to buy Bank of America stock in Canada.
Bank of America (BAC) stock summary
| Company stock name | Bank of America Corp |
| Stock ticker symbol | BAC |
| Exchange | NYSE |
| Open | $52.86 |
| High | $52.90 |
| Low | $52.03 |
| Close | $52.61 |
| Adjusted closing | $52.61 |
| % change | -2.77% | Volume | 32,363,064 |
| Where to buy BAC stock | Buy on CIBC Investor's Edge |
Can I buy Bank of America stock in Canada?
Yes, you can buy Bank of America stock in Canada. You simply need to open a brokerage account with an online trading platform that supports stocks on the NYSE exchange. Platforms like Interactive Brokers will allow you to directly buy Bank of America stock from within Canada.How to buy Bank of America stock
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Choose a stock trading platform.
Compare trading platforms. Choose a trading app with competitive pricing, access to trading tools and a user-friendly interface. (Check out our guide to the best trading apps in Canada.) -
Open a trading account.
To open a trading account, you'll need to provide personal information (like your email, phone number and banking details), verify your identity and complete the sign-up process. -
Fund your account.
Deposit funds into your trading account by linking your bank account via an Electronic Funds Transfer (EFT), wire transfer, cheque deposit or by whatever means the platform supports. Make sure you deposit enough to cover the stock price + any trading fees. -
Search for the stock—BAC.
Look up the stock using its name (Bank of America Corp) or ticker symbol (BAC). Review its current price, recent performance and other relevant data before placing your order. -
Complete your purchase of Bank of America stock.
Choose the number of BAC stocks you want to purchase, place your order, confirm the details and then submit. Once executed, the shares will appear in your trading account.
Our top picks for where to buy Bank of America stock
Bank of America stock chart (NYSE: BAC)
This chart tracks Bank of America stock price performance over time.Bank of America stock price
Bank of America's stock price at the last market close was $52.61. For comparison, seven days ago Bank of America's stock price was $53.63. A full 30 days ago it was $51.28, and a year ago it was $46.72.
Is Bank of America stock a buy or sell right now?
The technical analysis gauge above shows real-time buy or sell ratings and analysis for Bank of America stock based on your selected timeframe. It uses three widely followed indicators—moving averages, oscillators and pivots—but this does not represent investment advice or a guarantee of success. Finder may not concur with these signals and accepts no responsibility for the performance of your stocks.
Can I buy Bank of America stock on the TSX?
No, you cannot buy Bank of America stock on the TSX because Bank of America stock is not listed on the TSX. Instead, Bank of America stock is listed on the NYSE under the symbol "BAC."
That said, if you're wondering how to invest in Bank of America stock in Canada, you still have the option to do so by opening a trading account with a Canadian brokerage that gives you access to NYSE, like Interactive Brokers.
Bank of America stock dividends
Bank of America dividend payout ratio: 29.43% of net profits
Recently Bank of America has paid out, on average, around 29.43% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 2.13% 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 2.13% return on their shares in the form of dividend payments. In Bank of America's case, that would currently equate to about $1.06 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 next dividend payout is expected around December 26, 2025. To benefit, you'll need to buy Bank of America stocks before December 5, 2025 (the "ex-dividend date").
Has Bank of America stock ever split?
Bank of America's stocks were split on a 2:1 basis on August 29, 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 stocks, just the quantity.
However, indirectly, the new 50% lower stock price could have impacted the market appetite for Bank of America stocks, which in turn could have impacted Bank of America's stock price.How volatile is Bank of America stock?
Over the last 12 months, Bank of America's stocks price has ranged from $32.69 to as high as $54.69. Bank of America's beta measurement of stock volatility is 1.30. For comparison, the market () average beta is 1. This would suggest that Bank of America's stocks are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).
Some analysists use "beta" to gauge a stock's volatility. Beta is a popular way to measure a stocks volatility in relation to the market. Here is a breakdown of Bank of America's beta stock volatility rating.
Bank of America company profile
Bank of America Corporation, through its subsidiaries, provides various financial products and services for individual consumers, small and middle-market businesses, institutional investors, large corporations, and governments worldwide. The company operates through four segments: Consumer Banking, Global Wealth & Investment Management (GWIM), Global Banking, and Global Markets.
The Consumer Banking segment offers traditional and money market savings accounts, certificates of deposit and IRAs, checking accounts, and investment accounts and products; credit and debit cards; residential mortgages and home equity loans; and direct and indirect loans, such as automotive, recreational vehicle, and consumer personal loans. The GWIM segment provides investment management, brokerage, banking, and trust and retirement products and services; wealth management solutions; and customized solutions, including specialty asset management services.
The Global Banking segment offers 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, short-term investing options, and merchant services; working capital management solutions; debt and equity underwriting and distribution, and merger-related and other advisory services; and fixed-income and equity research services. The Global Markets segment provides market-making, financing, securities clearing, settlement, and custody services; securities and derivative products; and risk management products using interest rate, equity, credit, currency and commodity derivatives, foreign exchange, fixed-income, and mortgage-related products.
Bank of America Corporation was founded in 1784 and is based in Charlotte, North Carolina.
Compare trading platforms to buy Bank of America stock
Compare special offers, low fees and a wide range of investment options among popular trading platforms in Canada. Note that the dollar amounts in the table below are in CAD.
Finder Score for stock trading platforms
To make comparing even easier we came up with the Finder Score. Trading costs, account fees and features across 10+ stock trading platforms and apps are all weighted and scaled to produce a score out of 10. The higher the score, the better the platform—it's that simple.
Do I have to pay tax on gains from Bank of America stock sales in Canada?
Yes, you'll need to pay taxes in Canada on investment income, which includes any profit from selling Bank of America stock. The CRA taxes investment income from stocks in Canada based on three main factors:
- Investment income. Investment income includes money earned from interest, dividends or capital gains, which may affect how much you have to pay in taxes on stock sales in Canada.
- Investor type. Your investment income will be taxed differently depending on whether you're a regular investor or a day trader (which means you buy and trade stocks on a daily basis as your primary form of income).
- Tax bracket. The higher your tax bracket, the more you'll pay on income from stock sales. Your tax bracket depends on your gross income (minus deductions).
You can learn more about the tax implications of selling stocks in Canada here.
Frequently asked questions about Bank of America stock
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