Bank Of America Stock
The banks are a tough pitch right now and sadly that goes for bank of america nyse bac too bac stock is getting crushed as it.
Bank of america stock. At the low end of buffett s recent purchase of bank of america 23 51 the stock was trading at 84 of book value. Bank of america is trading for a significant discount after the stock market s sharp rebound since hitting its lows in march the s p 500 index is just 4 lower than where it started 2020. Bank of america is the united states second largest bank by assets.
Stock rises friday still underperforms market company close updates terrence horan shares of bank of america corp. 0 11 0 46 data as of oct 02 2020. While bank of america stock price is still nowhere near the levels it reached before the financial crisis of 2008 bank of.
Bac inched 0 64 higher to 23 49 friday on what proved to. Data is currently not available. Bank of america corp.
At the high end 25 24 bank of america was trading at about 90 of book value. Bac stock price news historical charts analyst ratings and financial information from wsj. The latest closing stock price for bank of america as of september 08 2020 is 25 48.
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