Bank Of America (BAC) Earnings: Dec. Charge-Offs at 2.53% Propel Shares Up 3.1%

A look at Bank Of America Smart Scores

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Bank of America Corporation, a leading financial institution, has been assessed using Smartkarma Smart Scores to gauge its long-term prospects. With a robust momentum score of 5, the company shows strong potential for positive performance in the coming years. This indicates a favorable trend and market sentiment towards Bank of America, signaling a promising outlook for investors.

While the company scores well in value, dividend, and growth factors with scores of 4, 3, and 3 respectively, indicating solid fundamental strength, there is room for improvement in resilience with a score of 2. Overall, Bank of America’s performance across various key factors suggests a stable and potentially lucrative investment opportunity for those considering long-term positions in the financial sector.

### Summary: Bank of America Corporation accepts deposits and offers banking, investing, asset management, and other financial and risk-management products and services. The Company has a mortgage lending subsidiary, and an investment banking and securities brokerage subsidiary. ###

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