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Last $15.75 USD
Change Today 0.00 / 0.00%
Volume 79.0M
BAC On Other Exchanges
New York
Sao Paulo
As of 4:15 PM 10/8/15 All times are local (Market data is delayed by at least 15 minutes).

bank of america corp (BAC) Key Developments

Bank of America Corporation Presents at Green Bonds Americas 2015, Oct-07-2015 10:00 AM

Bank of America Corporation Presents at Green Bonds Americas 2015, Oct-07-2015 10:00 AM. Venue: Bloomberg LP offices, 731 Lexington Ave, New York, NY 10022, United States. Speakers: Sarah McAvoy, Global Funding Executive.

Bank of America and Bank of America, National Association Face Lawsuit for Failing to Pay Hourly Employees

Donovan Axler, LLC and Timby Hunt, LLC filed an amended class and collective action in New Jersey federal court on behalf of current and former hourly information technology workers at Bank of America, NA and Bank of America Corp. for failing to pay overtime wages that were due to them pursuant to the Fair Labor Standards Act, 29 U.S.C. 201, et seq., and the New Jersey Wage and Hour Law, N.J.S.A. 34:11-56a, et seq. As alleged in the Amended Complaint, Bank of America recruits and employs hourly Information Technology workers, supplied by third party recruiting companies, at various corporate facilities throughout the country, including at its Pennington, NJ and Jersey City, NJ corporate centers. The Amended Collective and Class Action Complaint alleges that Bank of America regularly requires these hourly Information Technology workers to work more than 40 hours per week but fails to pay them any wages for work beyond 40 hours per week.

Bank of America Approves Amendments to the Bylaws

Bank of America has said that its shareholders have approved a proposal to ratify the 2014 amendments to the company's bylaws that permitted the board of directors to determine its leadership structure, including appointing an independent chairman or appointing a lead independent director when the chairman is not an independent director. At a special meeting of shareholders, the company announced preliminary results of the shareholder vote. Approximately 63% of shares voted were cast in favour of the proposal.

Bank of America Corporation Presents at Real Return IX: The Euromoney Inflation-Linked Products Conference, Sep-29-2015

Bank of America Corporation Presents at Real Return IX: The Euromoney Inflation-Linked Products Conference, Sep-29-2015. Venue: 2 East 61st Street at Fifth Avenue, New York, NY 10065, United States. Presentation Date & Speakers: Sep-29-2015, David Millman, Maryland and Baltimore Market President, Karim Bendouma, Head of US Inflation, Mark Capleton, Head of Global Inflation-Linked Research, Shyam Rajan, Head of US Rates Strategy.

Bank of America Merrill Lynch Announces Management Appointments

Bank of America Merrill Lynch appointed Roger Hinshaw as head of a newly created Pacific Northwest Region for Commercial Banking and Rob Brougham as senior vice president and senior client manager.


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Valuation BAC Industry Range
Price/Earnings 16.7x
Price/Sales 2.0x
Price/Book 0.7x
Price/Cash Flow 14.2x
TEV/Sales NM Not Meaningful

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