Bank of America Corp (BAC)

[Saving Grace]

Yup, more worthless notes for sale spells BK is just around the corner Reset has failed.

[t1215s]

hehehehe GOOOOOOOOOOO BAC Nice upward trend from yesterday under 42. , was a good buy for me , and now the return to 43. and bye,bye and wamm bamm thank you once again BAC

Ts

[Saving Grace]

$BAC is sucking sand and won't be able to stay afloat living off repos.

It's game over for this short selling stock robber.

[Saving Grace]

Pain is coming for BAC and all of Wall Street Central banks

[Saving Grace]

$BAC short selling scams coming to an end.

China owns Wall Street and the MSM so the public is uninformed about China's collapse with more than 63 million dispaced.

Walmart shelves becoming bare as China manufacturing has come to an end.

China is finished

[Saving Grace]

Agreed, West Central Banks will crash and be phased out with the fiat petrol dollar. The Federal Reserve Bank is already bankrupt and many more will follow. Bear Sterns will look like a walk in the park for what lies ahead.

[Saving Grace]

$BAC Bank of America will not allow senior citizen to remove her money from the troubled bank. Senior citizens band together after incident and now want nothing to do with the troubled bank and want their money out.

Not only was the Texas bank sued, but boycott is now spreading nation wide.

[Saving Grace]

Bank of America Customers Leaving Bank in Droves after senior citizen customer wasn't allowed to remove her money from bank. Bank of America bank employee in Texas called police and had the senior citizen thrown to the ground and arrested for not wearing a mask even after the rule was lifted.

Bank of America losing customers fast nationally as Americans boycott the evil and abusive bank for mistreating the elderly woman.

Bank of America is finished in America! Don't mess with Texas!

[STOCKMONSTER]

I SEE YOU DRANK THE KOOLAID!!!!!!!!!!!!!!!!!!!!!!! IT'S OVER!!!!! THE CRASH OF THE CENTURY IS HERE!!!!!!!!!!!!!!!!!

[Saving Grace]

It's shoring season for West Central Banks and many others.

Quantum Reset. Fiat system is finished along with the petrol dollar.

Gold standard already returning together with Quantum currency.

Federal Reserve Bank is bankrupt. All Central banks will follow.

Were shorting the hell out of $BAC to teach them a lesson about the new Quantum system. Any margin calls by the bank will have to be covered with gold or other bank assets.

Many banks will crash to never return.

[Saving Grace]

Quantum Reset. Fiat system is finished along with the petrol dollar.

Gold standard already returning together with Quantum currency.

Federal Reserve Bank is bankrupt. All Central banks will follow.

Were shorting the hell out of $BAC to teach them a lesson about the new Quantum system. Any margin calls by the bank will have to be covered with gold or other bank assets.

Many banks will crash to never return.

It's shoring season for West Central Banks and many others.

[fromtheuk]

For banking, I expect you are correct.

As we come out of lockdown, we can expect hyper growth in the short term. With Biden printing dollars we can also expect the return of inflation. Rising Interest rates will follow, which is great for BAC

[nickwill69]

actually, my kids are just starting to invest. might see an uptrend for another 8 years now that Biden president. it is just the beginning.

[t1215s]

hehehehe Gooooo BAC

[Saving Grace]

$BAC Scam Bank about to fall. Shorters dream!

[Mrxstocks]

Puts have almost tripled

[FUNMAN]

Bank of America poised to boost dividends, buybacks after stress test

May 12, 2021 2:08 PM ET

Bank of America Corporation (BAC)

By: Liz Kiesche, SA News Editor

Bank of America (BAC -0.1%) CEO Brian Moynihan expects the bank will increase its dividend and boost its share buybacks once its passes its Fed stress tests.

"Assuming we get through the stress test... and I'm sure we will, and the new rules come in, we expect to increase our dividend and increase our share buybacks," he said during an interview on Fox Business Network earlier today.

"We're making good money, doing a great job for our customers and a great job for society," he said. "And therefore, our shareholders ought to benefit, too."

In February, the Federal Reserve released its stress test scenarios, with a "W-shaped" recession for the severely adverse scenario.
Last month, BAC authorized the repurchase of up to $25B of common stock over time.

[STOCKMONSTER]

MARKET CRASH IS HERE!!!!!! THE GREATEST CRASH OF ALL TIME!!!!! RED ALERT!!!!

[LifeCreator]

It will continue to “breakdown” if that’s what you call this.
Look at the markets, Our president is a absolute failure.


Can you believe people voted for this??!!

Enjoy!!

[Mrxstocks]

Holding $30 puts until October easy money

[Burpe]

Lots of BUY Volume days in a row. Someone knows something.

[t1215s]

Gotta luv the monies train Seya next time

Ts

[Saving Grace]

Notes losing money fast. We seen the pump. Now the dump.

[t1215s]

Well I'll take one more taste of ole BAC, Yehawwww , no more buys after this though GLTA-Ts

[Cat dog]

Reddit would love to Short Squeeeez the Short positions now lol. Back to @ 40 plus. Toe Kick.

[Cat dog]

Just bought 50 k Thanks for the Cheappeyyys

[Cat dog]

@ 60 in time to come. GL all. 3 months out !!

[t1215s]

It's time to get back on the money train @ 38.27 Yehawwww

edit
Maybe I should have waited a few more minutes Oh well shet happens in this game lol

GLTA-Ts

[t1215s]

Funman , Thanxs, missed that one was too nice of a day to be inside,

Stay healthy people-Ts

[FUNMAN]

Bank of America announces $25B buyback plan

BAC continues to chip away at the recession-dilution-gusher. This equates to 625M shares at today's PPS. - FUNMAN

Apr. 15, 2021 6:00 AM ET

Bank of America Corporation (BAC)By: Gaurav Batavia, SA News Editor

Bank of America (NYSE:BAC) has authorized the repurchase of up to $25B of common stock over time. The Board also authorized repurchases to offset shares awarded under equity-based compensation plans.

For Q2, the company’s repurchase plans will be consistent with Federal Reserve System’s restrictions. Following the expiration of the restrictions, the company expects to distribute additional capital to shareholders.

As of March 31, 2021, Bank of America’s CET1 ratio was 11.8%, which equated to approximately $35 billion excess CET1 capital above the 9.5% CET1 requirement.




Bank of America Announces $25 Billion Common Stock Repurchase Plan

April 15, 2021 at 5:45 AM Eastern

Bank of America Corporation today announced that its Board of Directors has authorized the repurchase of up to $25 billion of common stock over time. This authorization reflects the company’s commitment to return to shareholders excess capital that is not needed to support economic growth, deliver for customers and communities, invest in the future and sustain strength and stability through the cycle. The Board also authorized repurchases to offset shares awarded under equity-based compensation plans.

For the second quarter 2021, the company’s repurchase plans will be consistent with Federal Reserve System’s (FRB) restrictions that common stock repurchases and common stock dividends be correlated to the average quarterly net income for the previous four quarters.

Following the expiration of the restrictions, Bank of America expects to distribute additional capital to shareholders. Bank of America’s ability to make capital distributions depends, in part, on its ability to maintain regulatory capital levels above the 9.5% CET1 requirement: the sum of the FRB regulatory minimum of 4.5% and applicable regulatory buffers; including the Stress Capital Buffer (SCB) of 2.5%; and the Global Systemically Important Bank Holding Company surcharge of 2.5%. As of March 31, 2021, Bank of America’s CET1 ratio was 11.8%, which equated to approximately $35 billion excess CET1 capital above the 9.5% CET1 requirement.

The timing and amount of common stock repurchases made pursuant to the Bank of America common stock repurchase program are subject to various factors, including the company's capital position, liquidity, financial performance and alternative uses of capital, stock trading price, regulatory requirements and general market conditions. Also, it may be suspended at any time. The common stock repurchases may be effected through open market purchases or privately negotiated transactions, including repurchase plans that satisfy the conditions of Rule 10b5-1 of the Securities Exchange Act of 1934, as amended.

Forward-Looking Statements

Certain statements contained in this news release may constitute “forward-looking” statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements represent the current expectations, plans or forecasts of Bank of America based on available information. Forward-looking statements can be identified by the fact that they do not relate strictly to historical or current facts. These statements often use words like “expects,” “anticipates,” “believes,” “estimates,” “targets,” “intends,” “plans,” “predict,” “goal” and other similar expressions or future or conditional verbs such as “will,” “may,” “might,” “should,” “would” and “could.” Forward-looking statements speak only as of the date they are made, and Bank of America undertakes no obligation to update any forward-looking statement to reflect the impact of circumstances or events that arise after the date the forward-looking statement was made.

Forward-looking statements represent Bank of America’s current expectations, plans or forecasts of its future results, revenues, expenses, efficiency ratio, capital measures, and future business and economic conditions more generally, and other future matters. These statements are not guarantees of its future results or performance and involve certain known and unknown risks, uncertainties and assumptions that are difficult to predict and are often beyond Bank of America’s control. Actual outcomes and results may differ materially from those expressed in, or implied by, any forward-looking statements. You should not place undue reliance on any forward-looking statement and should consider all of the uncertainties and risks discussed under Item 1A. “Risk Factors” of Bank of America’s Annual Report on Form 10-K for the year ended December 31, 2020 and in any of Bank of America’s other subsequent Securities and Exchange Commission filings.


Bank of America
Bank of America is one of the world’s leading financial institutions, serving individual consumers, small and middle-market businesses and large corporations with a full range of banking, investing, asset management and other financial and risk management products and services. The company provides unmatched convenience in the United States, serving approximately 66 million consumer and small business clients with approximately 4,300 retail financial centers, including approximately 2,700 lending centers, 2,600 financial centers with a Consumer Investment Financial Solutions Advisor and approximately 2,400 business centers; approximately 17,000 ATMs; and award-winning digital banking with approximately 40 million active users, including approximately 31 million mobile users. Bank of America is a global leader in wealth management, corporate and investment banking and trading across a broad range of asset classes, serving corporations, governments, institutions and individuals around the world. Bank of America offers industry-leading support to approximately 3 million small business households through a suite of innovative, easy-to-use online products and services. The company serves clients through operations across the United States, its territories and approximately 35 countries. Bank of America Corporation stock (NYSE: BAC) is listed on the New York Stock Exchange.

For more Bank of America news, including dividend announcements and other important information, visit the Bank of America newsroom and register for news email alerts.

www.bankofamerica.com

###

Investors May Contact:
Lee McEntire, Bank of America
Phone: [phone]
[e-mail]

Jonathan Blum, Bank of America (Fixed Income)
Phone: [phone]
[e-mail]

Reporters May Contact:
Jerry Dubrowski, Bank of America
Phone: [phone] (office) or 1.508.843.5626 (mobile)
[e-mail]

Christopher P. Feeney, Bank of America
Phone: [phone]
[e-mail]

[t1215s]

It seems like the market issss, not liking the upcoming Q report, It issss and has been on the downside so far since yesterday and seems like the opening today unless it's the leftover from yesterday's trend,mind you I said "seems like or" I really can't complain as BAC has been very good to me as a momo player

Ts

[fromtheuk]

$40 close. It’s been many years. The future is Bright, Go BAC

[t1215s]

Yes I do , was @3.25 back when The real ? is can this have staying power in the '40s once again, If not it will bounce around for the some quick monies

Ts

[TRUSTUNITS1000000]

Remember this at dollars

[TRUSTUNITS1000000]

$345 Billion

[TRUSTUNITS1000000]

Wow $40

[OverDraught]

Yup, Monday was the first time BAC has traded above 40 since 5/1/2008.

[t1215s]

gotta luv the 40's PPS.

Ts

[t1215s]

The Momonies machine at work lol who luvs ya

Ts

[Cat dog]

@60 Bucks to come I Believe. All buy backs and dividends to come !!! It’s a value stock big time !!!

[t1215s]

Gotta luv this money mOchine Mo monie$, Mo monie$

Ts

[restripe]

Payday

[t1215s]

ST.Patricks Day,Erin Go Bragh-Ts

Good hunting

[t1215s]

[restripe]

What do you see for next week

[t1215s]

Hehehe You gotta luv this paper, its like clockwork if your paying close attention, you always make monies on this

Ts

[restripe]

Come down you pig

[t1215s]

I only care how my BAC does on a daily basis, It's like clockwork, iffen you have the time to watch the live feed$

Erin Go Bragh-Ts

[Canna_Business]

[Canna_Business]

Banks perform worst during inflation...


Inflation leads to defaults on loans which leads to bankruptcy.


"Lenders are hurt by unanticipated inflation because the money they get paid back has less purchasing power than the money they loaned out. Borrowers benefit from unanticipated inflation because the money they pay back is worth less than the money they borrowed."



https://www.khanacademy.org/economics-finance-domain/ap-macroeconomics/economic-iondicators-and-the-business-cycle/costs-of-inflation/a/lesson-summary-the-costs-of-inflation#:~:text=Lenders%20are%20hurt%20by%20unanticipated,than%20the%20money%20they%20borrowed.