Earnings Reaction History: Bank of America Corporation, 33.3% Follow-Through Indicator, 1.5% Sensitive

America branch in downtown Miami. Bank of America Corp. reports earnings Friday Oct. 13 2017

America branch in downtown Miami. Bank of America Corp. reports earnings Friday Oct. 13 2017

The average estimate of 26 analysts surveyed by Bloomberg was for per-share profit of 46 cents. About 18,100 shares traded. Bank of America has $30 highest and $15 lowest target. Intersect Ltd stated it has 0.12% in Bank of America Corp (NYSE:BAC). The stock decreased 1.47% or $0.38 during the last trading session, reaching $25.45. Nokota Management Lp who had been investing in Bank Amer Corp for a number of months, seems to be bullish on the $268.51 billion market cap company. The stock decreased 1.47% or $0.38 during the last trading session, reaching $25.45. The stock has "Buy" rating by Jefferies on Friday, July 7. Gateway Advisory LLC boosted its position in Bank of America Corporation by 0.4% in the 2nd quarter. Balentine LLC now owns 1,617 shares of the financial services provider's stock worth $108,000 after acquiring an additional 272 shares in the last quarter. Moreover, Fdx Advsrs has 0.23% invested in Bank of America Corp (NYSE:BAC). The rating was maintained by Credit Suisse on Thursday, June 1 with "Buy". PepsiCo had 55 analyst reports since July 21, 2015 according to SRatingsIntel. First National Bank accumulated 293,926 shares. Cullen Frost Bankers, a Texas-based fund reported 495,523 shares.

Among 19 analysts covering PepsiCo (NYSE:PEP), 8 have Buy rating, 0 Sell and 11 Hold. The company presently has a consensus rating of "Buy" and an average price target of $24.88.

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Like other banks that reported Thursday, Bank of America also scored a modest increase in overall loans. Investors of record on Friday, September 1st were paid a dividend of $0.12 per share. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. The existing PEG value acts as a measure that takes into account its future growth where investors are able to scale the company's high-growth stock as undervalued.

Bank of America Corporation (BAC) opened at 25.45 on Friday. The company has market cap of $90.03 billion. More interesting news about Bank of America Corp (NYSE:BAC) were released by: Investorplace.com and their article: "What You Need to Know About Bank of America Corp (BAC) Stock Ahead of Earnings" published on October 12, 2017 as well as Seekingalpha.com's news article titled: "Bank of America has been caught in a tightly defined trading range." with publication date: October 04, 2017. The stock's 50 day moving average is $24.65 and its 200 day moving average is $23.91.

Bank of America Corporation (NYSE:BAC) last posted its quarterly earnings data on Tuesday, July 18th. They do not ponder or echo the certified policy or position of any business stakeholders, financial specialists, or economic analysts. Citigroup had a return on equity of 7.32% and a net margin of 18.11%. The Company's principal business activities include the ownership and operation of self-storage facilities, which offer storage spaces for lease, generally on a month-to-month basis, for personal and business use, ancillary activities, such as merchandise sales and tenant reinsurance to the tenants at its self-storage facilities, as well as the acquisition and development of additional self-storage space. On average, equities research analysts predict that Bank of America Corporation will post $1.79 EPS for the current year. During the same quarter a year ago, the company earned $0.41 earnings per share. Shares repurchase plans are often a sign that the company's board of directors believes its stock is undervalued. This represents a $0.48 annualized dividend and a yield of 1.89%.

The lender's large stock of deposits and rate-sensitive mortgage securities make it especially well placed to benefit from rate rises.

During the third quarter, both cost cuts and increased profits from lending helped Mr. Moynihan's strategy, which the bank refers to as "responsible growth". (NYSE:PEP). Nordea Management has 1.97M shares for 0.57% of their portfolio.

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