Analysts expect over 2018 rising revenue Bank of America

Next Monday the American Bank of America will publish its past quarter's figures. Over the current book year the total revenue will be 91,59 billion USD (consensus estimates). This is slightly more than 2017's revenue of 87,35 billion USD.

Historical revenues and results Bank of America plus estimates 2018

The analysts expect for 2018 a net profit of 25,86 billion USD. According to most of the analysts the company will have a profit per share for this book year of 2,53 USD. The PE-ratio therefore is 11,21.

Per share the analysts anticipate on a dividend of 0,54 cents per share. The dividend yield is then 1,9 percent. The average dividend yield of the banks is a moderate 1 percent.

Most recent target prices around 35 USD

The most recent recommendations for the bank are from Jefferies & Co., Argus Research Company and BMO Capital Markets.

Based on the current number of shares Bank of America 's market capitalization equals 285,09 billion USD. The Bank of America stock was the past 12 months quite unstable. Since last October the stock is 13 percent higher. This year the stock price moved between 25 and 33 dollar. Since 2008 the stock price is almost 36 percent higher.

On Thursday the stock closed at 28,36 USD.

Historical stock prices Bank of America

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