All Other comprises ALM activities, equity investments, the international consumer card business, liquidating businesses, etc. Register for your free account today atdata.nasdaq.com. BAM Shares Outstanding History If you choose to Accept all, we will also use cookies and data to. Find out all the key statistics for Apple Inc. (AAPL), including valuation measures, fiscal year financial statistics, trading record, share statistics and more. Global Banking, including Global Corporate Banking, Global Commercial Banking, Business Banking and Global Investment Banking, provides lending-related products and services, integrated working capital management and treasury solutions, and underwriting and advisory services. If you use our chart images on your site or blog, we ask that you provide attribution via a "dofollow" link back to this page. BAC. "And energy might not always fit that bill. BAP Shares Outstanding History Bank of America's average diluted shares outstanding for the quarter . As of May 26, 2023, there are. Market cap: $225.1B. Jan '19. BAC has 7.97 billion shares outstanding. Read full definition. This metric excludes the company's treasury shares. The firm is rapidly buying back shares, which the fund manager thinks is a smart move since its stock is trading below its tangible book value. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds. The beta is 1.38, so BAC's price volatility has been higher than the market average. If you use our datasets on your site or blog, we ask that you provide attribution via a "dofollow" link back to this page. One reason Bank of America's buybacks have been so effective is because its shares are priced at a substantial discount to book value. Bank Of America basic shares outstanding for the quarter ending March 31, 2023 were $8.066B, a 0.87% decline year-over-year. Shares Outstanding N/A; Public Float N/A; Beta 0.28; Rev. 2023, Nasdaq, Inc. All Rights Reserved. "I think it has a core underlying earnings power that I think should continue to grow at an attractive pace.". Intraday Data provided by FACTSET and subject to terms of use. Thesis: Jefferies has transformed into a top-tier investment bank in the last two decades under CEO Rich Handler, Pitkowsky said. BBT Shares Outstanding History The volume of stock shares issued by the company and in the hands of the public. 240.00. So when we find something we think meets our criteria, we want to own a meaningful amount, if everything lines up.". But despite Devon's massive cash pile, which enables it to pay a massive 9.6% fixed-plus-variable dividend while buying back shares, the stock is down over 40% from its 52-week high. Along with each is its ticker, market capitalization, P/E ratio, and investment thesis. It was a forward split with a ratio of 2:1. This number is subject to adjustment to take into consideration such changes in the number of outstanding shares of BAC Common Stock as are described in the immediately preceding paragraph. Read full definition. This browser is no longer supported at MarketWatch. You can also visit g.co/privacytools at any time. If you use our datasets on your site or blog, we ask that you provide attribution via a "dofollow" link back to this page. Daily market news in bullet point format. We will see how they decide to evolve AI even further into their products.". Earnings per share can be defined as a company's net earnings or losses attributable to common shareholders per diluted share base, which includes all convertible securities and debt, options and warrants. Backlinks from other websites are the lifeblood of our site and a primary source of new traffic. The dividend yield is 2.6% at the current share price, and analysts forecast earnings-per-share growth to average 7% annually during the next three to five . In a recent interview with Insider, the fund manager said he's "pleased but not satisfied" with how he's fared this year. Up In 2023 Despite the Bank Panic, Is Now the Time to Invest In Capital One? View the latest Bank of America Corp. 7.25% Non-Cum. This number entails how much is being traded in the open market. We also use cookies and data to tailor the experience to be age-appropriate, if relevant. Citigroup shares outstanding for the quarter ending March 31, 2023 were 1.964B, a 1.21% decline year-over-year. The total number of outstanding shares and . Read More. The stock's EV/EBITDA ratio is 5.79, with an EV/FCF ratio of 7.11. agrees with fellow top fund manager David Sissman. BAC.PRL | A complete BAC.PRL overview by MarketWatch. If you use our chart images on your site or blog, we ask that you provide attribution via a "dofollow" link back to this page. Apple 2022 shares outstanding were 16.326B, a 3.2% decline from 2021. Decide if you will purchase ; BAC shares at the current market price or use a limit order to purchase BAC stock at a specific price. Examples of BAC Common Stock in a sentence. If you use our datasets on your site or blog, we ask that you provide attribution via a "dofollow" link back to this page. The volume of stock shares issued by the company and in the hands of the public. Data by YCharts. Cookie Notice (). | BAC U.S.: NYSE Bank of America Corp. Watch list After Hours Last Updated: May 31, 2023 5:06 p.m. EDT Delayed quote $ 27.85 0.06 0.22% After Hours Volume: 5.36M Advanced Charting Volume: 60.16M. The bid size displays the total amount of desired shares to buy at that price, and the ask size is the number of shares offered for sale at that price. "We felt comfortable.". His investing process revolves around finding quality stocks with growth that are still discounted. Intel shares outstanding for the quarter ending March 31, 2023 were 4.154B , a 1.14% increase year-over-year. Type a symbol or company name. Bank Of America (BAC) Shares Outstanding History (2009-2023) Outstanding shares are the total number of shares in a company owned by a company's shareholders. More Financials companies . These symbols will be available throughout the site during your session. Thebid-ask spreadcan indicate a stocks liquidity, which is how easy it is to buy and sell in the marketplace. The numbers next to the bid/ask are the , Do Not Sell My Personal Information (CA Residents Only). Complete Bank of America Corp. stock information by Barron's. View real-time BAC stock price and news, along with industry-best analysis. This metric excludes the company's treasury shares. All Other comprises ALM activities, equity investments, the international consumer card business, liquidating businesses, etc. $ Advanced Charting Compare Open 27.76 Prior Close 27.57 ( 05/31/23) 1 Day BAC 0.78% DJIA 0.47% S&P 500 0.99% Financial Services -0.19% Overview News Bank of America Corp. Although the energy sector has been troubled this year as crude oil prices fall back to earth, Pitkowsky said that as long as Muncrief is repurchasing his firm's shares, he's fine following suit. BAC. Companies frequently make stock buybacks and retire those buybacks as treasury stock. Certain liabilities of Countrywide Financial Corporation, a direct, wholly owned subsidiary of Bank of America Corporation, were assumed by Bank of America Corporation on November 7, 2008. Global Markets offers sales & trading, market-making, financing, securities clearing, settlement and custody, and risk-management services. They trade right now . He believes Berkshire has a deep bench of talent, and also can benefit from tailwinds like a strong insurance pricing market, a reasonable valuation, and its robust balance sheet. This metric excludes the company's treasury shares. Track outages and protect against spam, fraud, and abuse, Measure audience engagement and site statistics to understand how our services are used and enhance the quality of those services, Deliver and measure the effectiveness of ads, Show personalized content, depending on your settings, Show personalized ads, depending on your settings. Apple shares outstanding for the quarter ending March 31, 2023 were 15.847B, a 3.39% decline year-over-year. State Street. You can use the bid-ask spread to determine whether to place a market orderorlimit orderwhen trading, helping you to optimize your price and have a successful order execution. BAC Shares Outstanding data by YCharts. This is much higher than that of the Financial Services sector and 52.64% lower than that of the Banks - Global industry. Summary. Disclaimer search Compare to Wells Fargo & Co $40.98 WFC0.61% Citigroup. The stock price has decreased by -21.77% in the last 52 weeks. "I think you need to be picky," Pitkowsky said. Click the button below for your complimentary copy of Your Early Retirement Portfolio: Dividends Up to 7.8%Every MonthForever. Having that standard stops Pitkowsky from getting sucked into stocks that might be considered great businesses but are bad investments. Series L (BAC.PRL) stock price, . A decreasing shares outstanding over time may be the result of company buybacks. Still, it's worth noting that portfolio construction is "more art than science," as Pitkowsky put it. The first five are among his fund's 10 biggest holdings. In the past 24 hours, 57.82M BAC shares were traded. It Could Be a Long One. BBH Shares Outstanding History He believes that Muncrief, who ran WPX Energy before it merged with Devon in early 2021, created value by effectively executing that transition. Create a list of the investments you want to track. Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices. A debt-to-EBITDA ratio of 2x to 3x is passable, Pitkowsky said, though less leverage is preferable. This number entails how much is being traded in the open market. Valuation Ratios The trailing PE ratio is 8.45 and the forward PE ratio is 8.75. Complete Bank of America Corp. stock information by Barron's. View real-time BAC stock price and news, along with industry-best analysis. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds. 10 ETFs With Stocks That Insiders Are Buying, 10 ETFs With Most Upside To Analyst Targets, 10 Energy Stocks You Can Buy Cheaper Than Insiders Did, The 15 Most Active Call & Put Options of the S&P 500 Components, stock quote data powered by Ticker Technologies. After all, it's what enabled Bank of America to survive the crisis. Bank of America and the stress tests. This number entails how much is being traded in the open market. BAC - Bank of America Corporation NYSE - NYSE Delayed Price. Data provided by Nasdaq Data Link, a premier source for financial, economic and alternative datasets. If you choose to Reject all, we will not use cookies for these additional purposes. BANX Shares Outstanding History The shares outstanding for all United States stocks is significantly lower than that of the firm. Backlinks from other websites are the lifeblood of our site and a primary source of new traffic. Type a symbol or company name. The company has $685.93 billion in cash and $654.82 billion in debt, giving a net cash position of $31.12 billion or $3.90 per share. Market Cap (Capitalization) is a measure of the estimated value of the common equity securities of the company or their equivalent. The market capitalization of BAC is $225.61B. The fund manager saw Buffett's firm as attractive in an uncertain time, and the same is true now. However, we think in Rick's hands given the supply-demand dynamics that are out there we are comfortable having Devon as a top holding.". Copyright 2023 MarketWatch, Inc. All rights reserved. BAFN Shares Outstanding History BAC Shares Outstanding Chart Apr 2022 Jul 2022 Oct 2022 Jan 2023 2005 2010 2015 2020 8B 8.1B 7.95B 8.05B Zoom 1Y 3Y 5Y 10Y 15Y 20Y Mar 31, 2022 Mar 31, 2023 Bank of America Corp (BAC) Significant News Only. The Global Markets segment includes sales and trading services, as well as research, to institutional clients across fixed-income, credit, currency, commodity, and equity businesses. Backlinks from other websites are the lifeblood of our site and a primary source of new traffic. Investing in companies that meet those qualifications gives Pitkowsky the best of all worlds: growth, quality, and value. The industry is grappling with how AI will potentially impact search and digital advertising in general, and I think it has been very involved in AI for a long time. Gross margin is 100.00%, with operating and profit margins of 36.36% and 27.63%. We have provided a few examples below that you can copy and paste to your site: Your image export is now complete. Find out all the key statistics for The PNC Financial Services Group, Inc. (PNC), including valuation measures, fiscal year financial statistics, trading record, share statistics and more. The fund manager added that Alphabet shares are "very attractive" on a valuation basis at 28x earnings, and he's especially comfortable having it as a top holding since it's buying back stock. Portfolio manager Larry Pitkowsky has outperformed during a broad rebound for stocks. "We are comfortable trying to focus our efforts and our energies on our best ideas," Pitkowsky said. While the leadership and investing acumen of Buffett and Charlie Munger can't be understated, Pitkowsky said he's still bullish about the conglomerate's future without those two at the helm. View Average Diluted Shares Outstanding (Quarterly) for BAC. Apple 2021 shares outstanding were 16.865B, a 3.78% decline from 2020. Return on equity (ROE) is 9.90% and return on invested capital (ROIC) is 1.10%. Wells Fargo 2021 shares outstanding were 4.096B, a 0.92% decline from 2020. Bank of America's quarterly shares outstanding declined from Sep. 2022 (8,024 Mil) to Dec. 2022 (7,997 Mil). U.S Bancorp 2022 shares outstanding were 1.49B, a 0% decline from 2021. Data reflects weightings calculated at the beginning of each month. Investors may trade in the Pre-Market (4:00-9:30 a.m. Bank Of America | BAC - Outstanding Shares. The enterprise value is $197.68 billion. "We like quality we just don't want to pay up for it," Pitkowsky said. In depth view into Bank of America Average Diluted Shares Outstanding (Quarterly) including historical data from 1973, charts and stats. Real-time bid and ask information is powered by Nasdaq Basic, a premier market data solution. Thesis: Although Pitkowsky has respected investing legend Warren Buffett and his company for decades, he said that Berkshire Hathaway wasn't one of his top holdings until early in 2020. 150 Day Moving Avg - The average price over the last 150 trading days. BANC Shares Outstanding History Who Stands Out Among 3 Candidates. Issuing shares isn't necessarily a bad thing. Companies that can increase their top line at a mid-single-digit rate or better tend to catch Pitkowsky's eye, as do firms that have returns on capital employed (ROCE) in the mid-teens. Thebidis the highest amount that a buyer is currently willing to pay, whereas the askis the lowest BAC's PEG ratio is 87.48. What is the market capitalization of a company. Perp. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies, and then calculating their respective market caps. "Value, to us, is buying something at a material discount to what we think the underlying value is to have a margin of safety," Pitkowsky said. When autocomplete results are available use up and down arrows to review and enter to select. We have provided a few examples below that you can copy and paste to your site: Your data export is now complete. Please check your download folder. (1) Each series of preferred stock was issued by Bank of America Corporation (the "Corporation"). That number of contracts represents approximately 59,400 underlying shares, working out to a sizeable 43.6% of CIR's average daily trading volume over the past month, of 136,175 shares. "A margin of safety in investing of any sort is very important. Companies frequently make stock buybacks and retire those buybacks as treasury stock. Basic shares outstanding can be defined as the number of shares held by shareholders including insiders but not including a company's treasury shares. That puts it on pace for its best relative finish since Pitkowsky launched the fund in 2011. Based on the latest financial disclosure, BANK OF AMERICA has 9.81 B of shares currently outstending. The bank's most recent 10-Q (7/29/22), however, shows no reduction in shares from June 30. JPMorgan Chase, Citizens Financial, and More to Buy Now. A decreasing shares outstanding over time may be the result of company buybacks. Financial Position Diversification may work wonders for some, but it can also spread a fund's assets too thin. 2023 Stock Analysis. Currency in USD Dividend BAC announced a cash. A stock buyback, or share repurchase program, is a corporate action in which a company repurchases its own shares in the marketplace. BAC has 7.97 billion shares outstanding. Often, a smaller spread suggests higher liquidity, meaning more buyers and sellers in the market are willing to negotiate. Shares outstanding can be defined as the number of shares held by shareholders (including insiders) assuming conversion of all convertible debt, securities, warrants and options. BAC has a market cap or net worth of $228.79 billion. Here are Pitkowskys secrets to success and six stocks hes bullish on right now. Read Less. Global Wealth & Investment Management, comprising Merrill Lynch Global Wealth Management and U.S. Trust, Bank of America Private Wealth Management, offers wealth structuring, trust and banking needs and specialty asset management services. BAC (Bank of America) Shares Outstanding (Diluted Average) as of today (May 23, 2023) is 8,182 Mil. Instead, Pitkowsky indicated that he's continuing to prioritize his process over performance. Thesis: Like Berkshire and Jefferies, Devon has strong leadership with CEO Rick Muncrief in charge, Pitkowsky said. Shares outstanding can be defined as the number of shares held by shareholders (including insiders) assuming conversion of all convertible debt, securities, warrants and options. BAC Shares Outstanding. Dec 15. 255.00. The number of outstanding shares is usually impacted by stock plits and shares buy back. The volume of stock shares issued by the company and in the hands of the public. Bank Of America shares outstanding history from 2010 to 2023. In the past 12 months, BAC has paid $3.56 billion in taxes. For a list of debt securities and related guarantees of Countrywide Financial Corporation that were assumed, please see the Form 8-K filed on November 10, 2008. PNC Financial Services shares outstanding for the quarter ending March 31, 2023 were 0.402B, a 4.29% decline year-over-year. Other factors that Pitkowsky strongly considers are the company's competitive advantages, management teams, and if they're betting on themselves by buying back shares. All Other comprises ALM activities, equity investments, the international consumer card business, liquidating businesses, etc. Complete Bank of America Corp. stock information by Barron's. View real-time BAC stock price and news, along with industry-best analysis. This stock pays an annual dividend of $0.88, which amounts to a dividend yield of 3.07%. Global Markets offers sales & trading, market-making, financing, securities clearing, settlement and custody, and risk-management services. Read full definition. It has 5 business units: Consumer Banking, comprising Deposits & Consumer Lending businesses, provides credit, banking and investment products and services. We have provided a few examples below that you can copy and paste to your site: Your data export is now complete. The next confirmed earnings date is Tuesday, July 18, 2023, before market open. "We like management that is both opportunistic and aggressive but also paranoid and risk-averse and also is trying to make their organization a place that attracts talent," Pitkowsky said. Thesis: Pitkowsky's thesis for JPMorgan is the same as his thesis for the aforementioned Bank of America. Have Watchlists? This practice has the effect of reducing the number of outstanding shares available and will increase the company's earnings per share. Bank of America (NYSE:BAC) Shares Outstanding (Diluted Average) : 8,150 Mil (As of Dec. 2022) View and export this data going back to 1973. Subscriber Agreement & Terms of Use | In trading on Wednesday, shares of the Vanguard Total Stock Market ETF (AMEX: VTI) entered into oversold territory, changing hands as low as $94.30 per share. See the latest Bank of America Corp stock price (NYSE:BAC), related news, valuation, dividends and more to help you make your investing decisions. Currency in USD 28.26 -0.05 (-0.18%) At close: 04:00PM EDT 28.25 -0.01 (-0.02%) After hours: 07:59PM EDT Dividend BAC announced a. "We think they're addressing how to spend differently in an era of lower growth, but it's important for them to stay nimble and paranoid," Pitkowsky said. Compare to competition. "There's lots of ways to get to heaven. Financials Stock Price Assets Debt Dividend Yield EBIT Employees EPS Earnings Per Share Equity Capital and Reserves Interest Expense on Debt Loan Capital Market Capitalization Net Income Ordinary Share Capital PE Price to Earnings Pre-Tax Profit Sales Revenues 270.00. Touch device users, explore by touch or with swipe gestures. Thebid&askrefers to the price that an investor is willing to buy or sell a stock. Gains can come and go, he said, so his focus is squarely on long-term wealth creation. The Consumer Banking segment offers credit, banking, and investment products and services to consumers and small businesses. The GWIM segment offers solutions to meet clients needs through a full set of investment management, brokerage, banking, and retirement products. It does not include securities convertible into the common equity securities. Because strange things happen; things go wrong. Once Pitkowsky screens for growth and quality, he looks at valuation. $86.74. . Using the owner-earnings model, Hewlett Packard has a TTM net income of $2.67 Billion, plus $811 million of D&A minus $662 million of CAPEX. start with total shares outstanding and subtract the number of restricted shares . This metric excludes the company's treasury shares. In contrast, a larger spread suggests lower liquidity, as there are fewer investors willing to negotiate. Price history P/E ratio P/S ratio Shares outstanding Number of shares outstanding for Bank of America (BAC) Number of shares outstanding as of May 2023 : 8,065,900,000 According to Bank of America 's latest financial reports and stock price the company's current number of shares outstanding is 8,065,900,000 . I think that BAC's stock price can reach $60 in 2022 which . A decreasing shares outstanding over time may be the result of company buybacks. Global Banking, including Global Corporate Banking, Global Commercial Banking, Business Banking and Global Investment Banking, provides lending-related products and services, integrated working capital management and treasury solutions, and underwriting and advisory services. All quotes are in local exchange time. When the symbol you want to add appears, add it to Watchlist by selecting it and pressing Enter/Return. Based on the results from this year's stress tests, Bank of America most likely wouldn't have to dilute shareholders . We have provided a few examples below that you can copy and paste to your site: Your image export is now complete. Companies frequently make stock buybacks and retire those buybacks as treasury stock. Sep '18. Read full definition. Pfd. Warren Buffett's Portfolio Is Concentrated in a Few Stocks -- Should You Follow His Lead? Please check your download folder. Morgan Stanley Is Getting a New CEO. If . Outsmart the market with Smart Portfolio analytical tools powered by TipRanks. Bank Of America Bank Of America reported 8B in Outstanding Shares in May of 2023. Earnings per share was $3.33. Data Link's cloud-based technology platform allows you to search, discover and access data and analytics for seamless integration via cloud APIs. Bank of America Corp. is a bank and financial holding company, which engages in the provision of banking and nonbank financial services. Conv. Mar 15, Jun 15, Sep 15. This metric excludes the company's treasury shares. The company was founded by Amadeo Peter Giannini in 1904 and is headquartered in Charlotte, NC. Right now his portfolio has a forward price-to-earnings (P/E) multiple of 13x to 14x, which is well below the 18x to 19x forward earnings ratio that the market is trading at. The company was at times the largest credit institution in the United States. The volume of stock shares issued by the company and in the hands of the public. The numbers next to the bid/ask are the size. View the latest market news and prices, and trading information. 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Bank Of America annual and quarterly earnings per share history from 2010 to 2023. The Trading Economics Application Programming Interface (API) provides direct access to our data. Citigroup 2021 shares outstanding were 2.049B, a 2.36% decline from 2020. Earnings per share can be defined as a company's net earnings or losses attributable to common shareholders per diluted share base, which includes all convertible securities and debt, options and warrants. Please check your download folder. According to Bank of America 's latest financial reports and stock price the company's current number of shares outstanding is 8,065,900,000. The data displayed in the quote bar updates every 3 seconds; allowing you to monitor prices in real-time. "We like good, quality businesses that earn high returns and grow," Pitkowsky said. "Slower growth is here; management is addressing it and adjusting their spending," Pitkowsky said. Although shares of smaller financial institutions got crushed during the regional bank crisis, the portfolio manager reexamined those two bank giants and said he's still not worried about them. "Market Cap" is derived from the last sale price for the displayed class of listed securities and the total number of shares outstanding for both listed and unlisted securities (as applicable). Berkshire Hathaway Inc. Berkshire Hathaway owns 1.0 billion shares of Bank of America, representing 11.7% of total shares outstanding, according to the company's 13F filing. The volume of stock shares issued by the company and in the hands of the public. "We still think there's long-term growth ahead of them. The number of shares has decreased by -0.24% in one year. . It does not include shares owned by a company, and outstanding shares represent the number of shares a company has available on the open market. Historical and current end-of-day data provided by FACTSET. Financial Ratio History Enterprise Valuation The stock's EV/EBITDA ratio is 5.66, with an EV/FCF ratio of 6.95. Outstanding Shares are shares of common stock of a public Bank Of America that were purchased by investors after they were authorized and issued by the Bank Of America to the public. BANF Shares Outstanding History "I think Berkshire has some very unusual attributes that cannot easily be replaced," Pitkowsky said. Bank of America Corporation Common Stock (BAC) Stock Price, Quote, News & History | Nasdaq MY QUOTES: BAC Edit my quotes Bank of America Corporation Common Stock (BAC) 0 No Notifications. A decreasing shares outstanding over time may be the result of company buybacks. You'll now be able to see real-time price and activity for your symbols on the My Quotes of Nasdaq.com. Pitkowsky continued: "We are trying to look for businesses that we think we have an edge in understanding and where we feel we understand where the business will be four, five, six, seven, eight years down the road and where we can make the investment today with the material margin of safety because the market is giving us a price because we have some different view, normally, than the rest of the world.". "We are not trying to own 200 things we are trying to have a concentrated portfolio. Discover historical prices for BAC stock on Yahoo Finance. 3,630. Please check your download folder. The volume of stock shares issued by the company and in the hands of the public. Privacy Notice | Below are six of Pitkowsky's favorite stocks to buy now. BBDC Shares Outstanding History "We are not trying to guess stock price movements over some short period of time," Pitkowsky told Insider. There are people we fondly admire who have a much more diversified portfolio, but we strive to keep the portfolio relatively concentrated.". Stocks can be long-term winners if they have four key attributes, Pitkowsky said: solid revenue growth, high returns on capital employed, limited leverage, and reasonable valuations. Upgrade now. At the end of 2023 the company had 8,065,900,000 shares outstanding. All rights reserved. Intel . per Employee N . Although investment banks are struggling right now while the mergers and acquisitions (M&A) and initial public offering (IPO) markets remain relatively dormant, Pitkowsky agrees with fellow top fund manager David Sissman that Jefferies is a compelling long-term buying opportunity. The Global Banking segment deals with lending-related products and services, integrated working capital management and treasury solutions to clients, and underwriting and advisory services. If you use our chart images on your site or blog, we ask that you provide attribution via a "dofollow" link back to this page. Find out all the key statistics for Microsoft Corporation (MSFT), including valuation measures, fiscal year financial statistics, trading record, share statistics and more. amount that a seller is currently willing to sell. Bank Stocks Are Too Beaten Down. Note BAC's share count is down 19%, 14%, 5% respectively since 2017, 2019, 2021. When Pitkowsky finds stocks that match that description, he's not shy about loading up on them. This article will review the effects of stock buybacks for the company and . Intraday data delayed at least 15 minutes or per exchange requirements. JPMorgan Chase. **Green highlights the top performing ETF by % change in the past 100 days. $28.11 (-1.26%) $0.36 *Average returns of all recommendations since . There are negative developments, and a margin of safety gives us some protection on the downside. In hindsight, a rocky 2022 for Larry Pitkowsky's mid-cap mutual fund seems like a perfect setup for a robust rebound this year. That's down 1.11% from the same period last year. A top-1% fund manager shares his 4-part process for finding outstanding stocks without overpaying and shares 6 of his favorite names to buy now. ; EV / Invested Capital - Measures the dollars in Enterprise Value for each dollar of Invested Capital (Equity + Debt) over the last twelve months. This number entails how much is being traded in the open market. Please check your download folder. Non-personalized ads are influenced by the content youre currently viewing and your general location. Log in to see them here or sign up to get started. Unless the context clearly indicates otherwise, all references to SPC Common Stock, par value $10.00, shall become references to BAC Common Stock, par value $1.5625.. Learn more. For the best MarketWatch.com experience, please update to a modern browser. Bank of America Corp. stock rises Thursday, still underperforms market, Bank of America Corp. stock falls Wednesday, underperforms market, Bank of America Corp. stock underperforms Tuesday when compared to competitors, U.S. banks mull office-space loan exposure at Citi event and prepare for a slow boil. S down 1.11 % from the same as his thesis for the quarter ending 31... Are Pitkowskys secrets to success and six stocks hes bullish on right now Bank! $ 0.36 * Average returns of all worlds: growth, quality, and investment products services. To monitor prices in real-time the numbers next to the bid/ask are the lifeblood of our site and a of., charts and stats privacy Notice | below are six of Pitkowsky 's favorite stocks to buy now for and... Insiders but not including a company repurchases its own shares in the past 12 months, BAC has core... As the number of outstanding shares % ) $ 0.36 * Average returns of all worlds:,... The last 150 trading days to our data his fund 's assets too.. Was a forward split with a ratio of 2x to 3x is,! Manager saw Buffett 's firm as attractive in an uncertain time, and risk-management services 5.66 with! Are bad investments buy back revolves around finding quality stocks with growth that are still discounted higher that... Alm activities, equity investments, the international consumer card business, liquidating businesses, etc has leadership. Than science, '' Pitkowsky said Every 3 seconds ; allowing you to search discover... May work wonders for some, but it can also spread a fund 's assets too thin growth is ;. Around finding quality stocks with growth that are still discounted in Charlotte,.... And sellers in the United States stocks is significantly lower than that of the firm - of. Stock 's EV/EBITDA ratio is 5.66, with an EV/FCF ratio of 6.95 they decide evolve... End of 2023 gives Pitkowsky the best MarketWatch.com experience, please update to a modern browser next confirmed earnings is. Tools powered by Nasdaq basic, a 2.36 % decline year-over-year are Pitkowskys secrets to success six. Forward PE ratio is 8.75 profit margins of 36.36 % and 27.63 % highlights the top performing by... & trading, market-making, financing, securities clearing, settlement and,. And stats and data to perfect setup for a robust rebound this year any sort is very important recommendations! $ 3.56 billion in taxes citigroup 2021 shares outstanding is 8,065,900,000 ROE ) is 8,182 Mil net of... Once Pitkowsky screens for growth and quality, and value and retire those buybacks as treasury stock, of... 2X to 3x is passable, Pitkowsky indicated that he 's not shy loading. Viewing and your general location past 12 months, BAC has a market (... 3 seconds ; allowing you to monitor prices in real-time Compare to Wells Fargo & amp ; $. Cookies and data to stock price has decreased by -0.24 % in year... Invest in Capital One under CEO Rich Handler, Pitkowsky said trailing ratio! With growth that are still discounted the estimated value of bac shares outstanding public, but it can also spread fund... Number of outstanding shares in may of 2023 2023 were $ 8.066B, a 0 % from. 'S cloud-based technology platform allows you to search, discover and access and! Outstanding can be defined as the number of restricted shares Delayed at least 15 or! Always fit that bill we will also use cookies for these additional purposes Invest in Capital One billion... Market Average Personal information ( CA Residents Only ) along with each is its ticker, market,! 15 minutes or per exchange requirements in hindsight, a premier market solution. Lots of ways to get started with operating and profit margins of 36.36 % and return on equity ( )... 52.64 % lower than that of the public leadership with CEO Rick Muncrief in charge, Pitkowsky indicated that 's! Can copy and paste to your site: your image export is now the time to Invest in Capital?... Company and and a primary source of new traffic it can also spread a fund bac shares outstanding 10 holdings... Volatility has been higher than that of the public below that you can copy and paste to your:. The beta is 1.38, so his focus is squarely on long-term wealth creation disclosure, Bank of basic... Meet those qualifications gives Pitkowsky the best of all worlds: growth, quality businesses that earn high and! The largest credit institution in the marketplace are bad investments held by shareholders including insiders but including! Only ) including a company repurchases its own shares in may of 2023 the company #! And analytics for seamless integration via cloud APIs his focus is squarely long-term. Number entails how much is being traded in the hands of the investments you want to track though. 1.964B, a 3.78 % decline from 2020 news and prices, and investment thesis Pitkowsky... 2010 to 2023 NYSE - NYSE Delayed price by TipRanks for financial, economic and alternative datasets a corporate in! And access data bac shares outstanding analytics for seamless integration via cloud APIs trying to have a Concentrated Portfolio global offers. 18, 2023 were 0.402B, a larger spread suggests higher liquidity, meaning more buyers and sellers the! Share repurchase program, is now complete contrast, a larger spread suggests higher liquidity meaning... Price and activity for your symbols on the latest market news and prices and. Reject all, it & # x27 ; s treasury shares quality with... Shares currently outstending, BAC has paid $ 3.56 billion in taxes available use up and down to! And paste to your site: your data export is now complete make stock buybacks and retire those buybacks treasury! Are negative developments, and the forward PE ratio is 5.66, with an EV/FCF of. Into the common equity securities of the company & # x27 ; s EV/EBITDA ratio is 8.45 and forward... Among his fund 's 10 biggest holdings provision of banking and nonbank financial services shares outstanding subtract. Tuesday, July 18, 2023 were 0.402B, a rocky 2022 for Larry Pitkowsky outperformed... Peter Giannini in 1904 and is headquartered in Charlotte, NC ratio, and value very. Secrets to success and six stocks hes bullish on right now indicated that 's... Our energies on our best ideas, '' as Pitkowsky put it offers credit,,! Secrets to success and six stocks hes bullish on right now stocks might! Though less leverage is preferable able to see them here or sign up to 7.8 % Every.... Operating and profit margins of 36.36 % and return on equity ( ROE ) is a measure of the.! Products and services to consumers and small businesses Fargo & amp ; $... When Pitkowsky finds stocks that might be considered great businesses but are bad investments a margin safety... Management is addressing it and adjusting their spending, '' as Pitkowsky put it see they. Aforementioned Bank of America Average Diluted shares outstanding and subtract the number of shares., a rocky 2022 bac shares outstanding Larry Pitkowsky has outperformed during a broad rebound for stocks 18 2023... A company repurchases its own shares in may of 2023 the company and in the hands of public... Decreased by -21.77 % in One year buyback, or share repurchase program is. 8,065,900,000 shares outstanding were 4.096B, a 1.14 % increase year-over-year shares is usually impacted by plits! Needs through a full set of investment management, brokerage, banking, and value by selecting it and Enter/Return! For BAC websites are the lifeblood of our site and a primary of! Value of the firm his Lead best of all recommendations since the Banks - industry! Banking segment offers credit, banking, and more to buy or sell a stock buyback or. 2.36 % decline from 2020 charge, Pitkowsky said a Concentrated Portfolio banc shares outstanding ( Average! Amadeo Peter Giannini in 1904 and is headquartered in Charlotte, NC last two decades under CEO Handler! Green highlights the top performing ETF by % change in the open market can copy and paste to your:. Exchange requirements setup for a robust rebound this year the marketplace solutions to clients. He said, so BAC 's price volatility has been higher than of! 3 Candidates to have a Concentrated Portfolio sell in the marketplace 27.63 % his focus is squarely long-term. Of 36.36 % and 27.63 % is very important 's 10 biggest holdings looks at valuation,... Quote bar updates Every 3 seconds ; allowing you to monitor prices in real-time s 1.11! America ) shares outstanding were 16.326B, a 3.2 % decline from 2021 along with is... Nonbank financial services 's thesis for jpmorgan is the same is true now is. His focus is squarely on long-term wealth creation 1973, charts and.!, shows no reduction in shares from June 30 our best ideas, '' Pitkowsky said, so BAC price! Past 100 days to tailor the experience to be picky, '' said... It does not include securities convertible into the common equity securities of the investments you want to track shares... One year defined as the number of restricted shares is true now 8.066B, a rocky 2022 Larry! And small businesses the forward PE ratio is 8.75 jpmorgan Chase, Citizens,! Get to heaven via cloud APIs quality, he said, so BAC 's price volatility been! Quality businesses that earn high returns and grow, '' Pitkowsky said businesses but are bad investments Application Programming (. Consumers and small businesses which a company repurchases its own shares in may of 2023 the and! Viewing and your general location the effects of stock shares issued by the company was founded by Amadeo Giannini! Shy about loading up on them PE ratio is 8.75 dividend yield of 3.07.... Data export is now the time to Invest in Capital One for symbols.
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