BA.CC Stock Price and Chart — BCBA:BA.CC

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Bank of America (BAC) achieved a new 52-week high of $52.66, with a trading volume of 98,913,737 shares, and closed at $52.25, showing a net change of $0.12 with a trading volume of 98,640,405 shares.

Bank of America's strategy team noted that recent Fed interest rate cuts coincide with record high prices for gold, cryptocurrencies, stocks, and corporate credit, indicating a 'run-it-hot' policy.

Bank of America noted $57.7 billion flowed into U.S. stocks last week, the highest since December 2024, ahead of the Federal Reserve's interest rate cut.

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About Bank of America Corporation

Bank of America Corp. is a bank and financial holding company, which engages in the provision of banking and nonbank financial services. It operates through the following segments: Consumer Banking, Global Wealth and Investment Management (GWIM), Global Banking, Global Markets, and All Other. The Consumer Banking segment offers credit, banking, and investment products and services to consumers and small businesses. The GWIM segment focuses on solutions to meet clients’ needs through a full set of investment management, brokerage, banking, and retirement products. The Global Banking segment deals with lending-related products and services, integrated working capital management and treasury solutions to clients, and underwriting and advisory services. The Global Markets segment includes sales and trading services, as well as research, to institutional clients across fixed-income, credit, currency, commodity, and equity businesses. The All Other segment consists of asset and liability management activities, equity investments, non-core mortgage loans and servicing activities, the net impact of periodic revisions to the mortgage servicing rights valuation model for both core and non-core MSRs, other liquidating businesses, residual expense allocations and other. The company was founded by Amadeo Peter Giannini in 1904 and is headquartered in Charlotte, NC.

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