Stock price for bac

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Stock price for bac

Bank of America is poised to succeed on a nationwide scale, and there seems to be no structural reason it can't be one of the strongest bank franchises going forward. If the economy ever falters and rates are cut, watch out for the downside. Further, Bank of America is hamstrung with a longer duration securities portfolio, which will take years to mature away. Morningstar brands and products. Investing Ideas. As of Mar 15, pm Delayed Price Closed. Unlock our analysis with Morningstar Investor. Start Free Trial. Mar 15, Fair Value. Jun 16, Economic Moat Djxtb. Capital Allocation Wdmqmty. Bulls Bank of America is poised to succeed on a nationwide scale, and there seems to be no structural reason it can't be one of the strongest bank franchises going forward. Bears If the economy ever falters and rates are cut, watch out for the downside.

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Stock price for bac

While Bank of America stock price is still nowhere near the levels it reached before the financial crisis of , Bank of America stock price has still been a steady growth prospect for investors since it first took its current form in The bank can trace its history all the way back more than years to the Bank of Italy, which expanded to America in BAC stock price was relatively flat throughout the s, but the thriving economic period in the s would bring Bank of America and BAC stock price to the forefront of Wall Street finance. For years, Bank of America wanted to live up to its name and become the biggest bank in the country. In , it achieved that goal, when NationsBank the only bank it was trailing bought Bank of America but kept the name post-merger.

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