One Billionaire's Genius Plan to Save the US Dollar From Collapse?

If you're holding any US dollars, you need to see what this tech titan is up to now... This could be the biggest change to our financial system since the creation of the Federal Reserve in 1913. Hurry... He has said he could flip the switch "as early as mid 2024."

Bank of America Corporation
NYSE:BAC
$40.23
Open 40 Prev Close 40.93
High 40.96 Low 39.96
Volume 26,770,473 Volume (Avg) 36,709,464
52 Week High 39.97 52 Week Low 17.51
Market Cap 335.9B PE Ratio 13.40

General

NameBank of America Corporation
TickerBAC
ExchangeNYSE
SectorFinancial Services
IndustryBanks-Diversified
CurrencyUSD
CountryUSA
Fiscal Year EndDecember
Full Time Employees213,000

About Bank of America Corporation

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. As of December 31, 2020, it served approximately 66 million consumer and small business clients with approximately 4,300 retail financial centers; approximately 17,000 ATMs; and digital banking platforms with approximately 39 million active users. The company was founded in 1784 and is headquartered in Charlotte, North Carolina.

Highlights

Analyst Target37.29
Market Cap335,945,105,408
PE Ratio13.40
PEG Ratio1.25

Valuation

Trailing PE20.82
Forward PE15.80
Price/Sales (Trailing 12 Mt.)3.71
Price/Book (Most Recent Quarter)1.27

Technicals

Beta1.55
52 Week High39.97
52 Week Low17.51
50 Day Average34.66
200 Day Average29.11

Dividend

Bank of America Corporation pays out a dividend of $0.72 per share, with a dividend yield of 2.38%.

BAC's last dividend payment was made to shareholders on March 26, 2021.

They pay out 38.50% of their earnings out as a dividend.

Recent Dividends

Jun 28, 2024$0.24
Mar 29, 2024$0.24
Dec 29, 2023$0.24
Sep 29, 2023$0.24
Jun 30, 2023$0.22
Mar 31, 2023$0.22
Dec 30, 2022$0.22
Sep 30, 2022$0.22
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