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

Tomorrow Bank of America will publish its past quarters results. Over the current book year the total revenue will be 86,63 billion USD (consensus estimates). This is slightly lower than 2019'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 12,54 billion USD. For this year the majority of the analysts, consulted by press agency Thomson Reuters, expects a profit per share of 1,44 USD. With this the price/earnings-ratio is 16,76.

Huge dividend Bank of America

Per share the analysts anticipate on a dividend of 0,73 cents per share. Bank of America's dividend yield thus equals 3,02 percent. The average dividend yield of the banks equals a poor 0 percent.

Most recent target prices around 27 USD

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

Based on the current number of outstanding shares Bank of America's market capitalization is 233,42 billion USD. The Bank of America stock was the past 12 months quite volatile. Since last July the stock is 15 percent lower. This year the stock price moved between 18 and 36 dollar.

Historical stock prices Bank of America2007-2020

Click here for dividend Bank of America. On Monday the stock closed at 24,14 USD.

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