Bank of America Corp (NYSE:BAC)
CAPS Rating:
One of the country’s largest banks by assets and branches, Bank of America also provides credit cards, asset management, and other money-related services.
One of the country’s largest banks by assets and branches, Bank of America also provides credit cards, asset management, and other money-related services.
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Recs
A footprint everywhere. Don't think the economy will crash, so credit card business will help make up for soft mortgage business until interest rate picture brightens early next year. The 4% dividen is nothing to sneaze at either.
Well the Dividend is up to 6.5% not because they increased the dividend, but because the stock price fell and the dividend remains the same