NYSE Composite opens in less than two hours and Bank of America’s pre-market value is already 2.15% down.

The last session, NYSE Composite finished with Bank of America dropping 2.88% to $33.01. NYSE Composite slid 1% to $14,894.17, following last session’s downward trend on what was a somewhat rough trend trading session.

Bank of America’s last close was $33.99, 7.39% under its 52-week high of $35.45.

News about Bank of America today

Singapore fullerton health taps Bank of America for sale. According to today’s article on Bloomberg Quint, "Singaporean medical services provider Fullerton Healthcare Corp. has chosen Bank of America Corp. to advise it on a sale as the coronavirus pandemic drives increasing interest in health care companies, according to people with knowledge of the matter."

According to today’s article on Business Insider, "Bank of America also announced its Board of Directors declared a regular quarterly cash dividend on Bank of America common stock of $0.18 per share, payable on March 26, 2021 to shareholders of record as of March 5, 2021."

Bank of America sets $2.9 billion stock buyback program through March, to pay regular dividend. According to today’s article on MarketWatch, "Shares of Bank of America Corp. gained 1.2% in premarket trading Tuesday, after the bank said it authorized the repurchase of $2.9 billion worth of common shares through March 31. "

Bank of America is set to report fourth-quarter earnings — here’s what the street expects. According to today’s article on CNBC, "Net Interest Margin: 1.74%Trading Revenue: Fixed Income $2.11 billion, Equities $1.22 billionWill Bank of America join rivals by posting results that benefit from an improving credit picture?", "Early Tuesday, Bank of America said that it planned to repurchase $2.9 billion in shares in the first quarter, plus about $300 million in shares to offset stock given to employees. "

Bank of America tops estimates on earnings as revenue lags view. According to today’s article on MarketWatch, "Shares of Bank of America Corp. slipped 0.2% in premarket trading Tuesday, erasing earlier gains, after the bank reported a fourth-quarter profit that beat expectations but revenue that fell short, as global markets revenue rose less than forecast. "

Bank of America’s Revenue

Year-on-year quarterly revenue growth declined by 5.1%, now sitting on 75.57B for the twelve trailing months.

Volatility

Bank of America’s last day, last week, and last month’s average volatility was 1.58%, 0.68%, and 0.90%, respectively.

Bank of America’s last day, last week, and last month’s high and low average amplitude percentage was 2.84%, 2.71%, and 2.32%, respectively.

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