Analysts expect over 2020 decreasing revenue Bank of America, quite high dividend

Tomorrow the American Bank of America will publish its past quarters figures. For this year Bank of America's revenue will be around 86,75 billion USD. This is according to the average of the analysts' estimates. This is slightly lower than 2018's revenue of 91,24 billion USD.

Historical revenues and results Bank of America plus estimates 2020

The analysts expect for 2020 a net profit of 18,34 billion USD. For this year most of the analysts expect a profit per share of 1,85 USD. The price/earnings-ratio therefore equals 12,93.

Huge dividend Bank of America

Analysts expect a dividend of 0,75 cents per share. Thus the dividend yield equals 3,14 percent. The average dividend yield of the banks equals an attractive 3,32 percent.

Recent target prices around 27 USD

The latest 3 recommendations for the bank were provided by Jefferies & Co., JP Morgan and Oppenheimer & Co.

Based on the current number of shares Bank of America's market capitalization equals 231,29 billion USD. The Bank of America stock was the past 12 months quite unstable. Since last April the stock is 18 percent lower. This year the stock price moved between 18 and 36 dollar. Since 2008 the stock price is almost 23 percent higher.

Historical stock prices Bank of America period 2007-2020

Click here for dividend . On Thursday the stock closed at 23,92 USD.

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