Analysts expect over 2018 rising revenue Bank of America

Tomorrow the American company Bank of America will publish its past quarter results. Over the current book year the total revenue will be 93,69 billion USD (consensus estimates). This is slightly more than 2017's revenue of 91,25 billion USD.

Historical revenues and results Bank of America plus estimates 2018

The analysts expect for 2018 a net profit of 27,37 billion USD. For this year the consensus of the result per share is a profit of 2,87 USD. Based on this the price/earnings-ratio is 10,51.

For this year the analysts expect a dividend of 0,69 cents per share. The dividend yield is then 2,29 percent. The average dividend yield of the banks equals a limited 1 percent.

Most recent target prices around 32 USD

The most recent recommendations for the bank are from JP Morgan, Independent Research and Oppenheimer & Co.

Based on the current number of outstanding shares Bank of America's market capitalization 310,37 billion USD. The Bank of America stock was the past 12 months quite unstable. Since last April the stock is 3 percent higher. This year the stock price moved between 23 and 32 dollar. Since 2008 the stock price is almost 189 percent higher.

On Friday, the stock closed at 30,17 USD.

Historical stock prices Bank of America

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