Can I Buy Bank of America Corp Shares in India?

Yes, Bank of America Corp shares can be bought in India by opening an international trading account with Groww.

How to Buy Bank of America Corp Shares in India?

One can easily invest in Bank of America Corp shares from India by: Direct Investment - Opening an international trading account with Groww which includes KYC verification in the US. Your account gets activated in a few minutes to a few hours, after which you can start adding funds in USD balance to buy Bank of America Corp shares. Indirect Investment - Under this form of investment, you can choose either a Mutual Fund (MF) or an Exchange-Traded Fund (ETF) that invests in global shares and start investing in shares of Bank of America Corp.

What is the Share Price of Bank of America Corp?

The share price of Bank of America Corp is in Dollars and if you are investing from India, you can always check the INR valuation before investing. The current Bank of America Corp share price is $45.81 as of 11 Dec ‘24

What is the Market Cap of Bank of America Corp?

The Bank of America Corp market cap is $351.03B as of 11 Dec ‘24

What is the PE and PB ratio of Bank of America Corp?

The PE and PB ratio of Bank of America Corp is 16 and 1.2 as of 11 Dec ‘24

Bank of America Corp Share Price, BAC Stock Price Quote Today

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Bank of America Corp Financial Services 
$45.81
+0.06(0.13%) 1D
1D
1W
1M
1Y
3Y
5Y
Performance
Open PricePrev. CloseVolumeAvg. Volume
$45.91$45.7513,48036,489,144
FundamentalsMarket Cap$351.03B
P/B Ratio1.2
P/E Ratio16
Enterprise Value$442.91B
Div. Yield2.27%
Book Value35.81
EPS(TTM)0.91
ROENA
Understand Fundamentals
FUNDAMENTALS
It is financial information that is reported quarterly or annually.
Market Cap
Market cap or market capitalization is the total market value of all of a company's outstanding shares.
Div. Yield
The divided yield displayed as a percentage is the amount of money a company pays shareholders for owning a share of its stock divided by its current stock price
P/B Ratio
The price-to-book ratio is a company's current market price to its Book Value. Traditionally, any value under 1.0 is considered a good P/B value, indicating a potentially undervalued stock.
Book Value
The book value of a stock is theoretically the amount of money that would be paid to shareholders if the company was liquidated and paid off all of its liabilities.
P/E Ratio
The price-earnings ratio is a company's share price to the company's Earnings per Share. The ratio is used for evaluating companies and to find out whether they are overvalued or undervalued.
EPS(TTM)
Earnings per share (EPS) is a company's net profit divided by the number of common shares it has outstanding. EPS indicates how much money a company makes for each share of its stock, and is widely used metric to estimate corporate value
Enterprise Value
Enterprise Value is a measure of a company's total value, often used as a more comprehensive alternative to equity market capitalization. Enterprise value includes in its calculation the market capitalization of a company but also short-term and long-term debt as well as any cash on the company's balance sheet.
ROE
Return on equity (ROE) is a measure of financial performance calculated by dividing net income by shareholder's equity
About the CompanyBank of America Corporation, also known as Bank of America, is a company with a history spanning over two centuries. As of 1956, it started to operate as an investment bank and financial services holding company under the name BankAmerica. 
It is headquartered in Charlotte, North Carolina and has central hubs in London, Dallas, Hong Kong, Toronto and New York City. The official Bank of America was founded in San Francisco when North Bank Acquired Bank America in 1988. As of 2018, it was considered the third largest investment bank in the world. It encapsulates over 46 million consumers under its commercial banking segment and has small business relationships with at least 4,600 banking centres. It is the 13th largest company in the world with a market capitalisation of 313.5 billion. 
BofA was the first bank to offer nationally licensed credit cards called BankAmericard in 1955 and was also the first in San Francisco to offer independent financial management opportunities to women. Bank of America is also the oldest heritage bank in Chicago that aided the city to handle its population boom and the great fire. 
The bank provides banking and financial services to both individuals and small businesses. It offers 22 different types of cards, home loans, auto loans, investment advice and a money management programme called Better Money Habits to its individual customers. 
It offers several services, lending programmes, credit cards and advice regarding investments and business planning to small businesses. BofA also assists customers with their wealth management and provides personalised suggestions. It is its sub-branch company Merrill that offers these suggestions regarding both investment and wealth management. 
Bank of America has operations spread across over 35 countries in the Asia Pacific, US & Canada, Europe, Middle East, Africa and Latin America. In the US alone, it has over 36 branches in states like Arizona, Nevada, California, West Virginia, Missouri, Colorado, Minnesota, Michigan etc. As of 2019, it had over 208,000 employees working in its branches around the globe. 
In 2018, it earned the 24th place in the list of Fortune 500 US companies with the largest total revenue. It was also named “World’s Best Bank” in the 2018 Awards for Excellence by Euromoney Institutional Investor. The bank is also included under both the S&P 100 and S&P 500 indexes. 
Bank of America is listed in the New York Stock Exchange under the ticker symbol of BAC.;
OrganisationBank of America Corp
IndustryBanks—Diversified
HeadQuartersCharlotte, NC
Company Financials
*All values are in Million $
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Open Price	Prev. Close	Volume	Avg. Volume
$45.91	$45.75	13,480	36,489,144

Market Cap	$351.03B
P/B Ratio	1.2
P/E Ratio	16
Enterprise Value	$442.91B

Organisation	Bank of America Corp
Industry	Banks—Diversified
HeadQuarters	Charlotte, NC