Climate Change's 'Physical Risks' Are Catching Up With Banks [Financial Post (Toronto, Ontario, Canada)]
Bank of America Corporation (BAC)
Last bank of america corporation earnings: 4/15 06:45 am
Check Earnings Report
US:NYSE Investor Relations:
investor.bankofamerica.com
Company Research
Source: Financial Post
You can save this article by registering for free here . Or sign-in if you have an account. (Bloomberg) — As the world veers further off course from its goal of limiting global warming to 1.5C above pre-industrial levels, banks are increasingly having to pay attention to the financial implications of a rapidly-warming planet. The economic shocks inherent to the current trajectory of global warming may leave banks facing loan losses and impaired balance sheets. The Basel Committee on Banking Supervision has said climate change has the potential to affect “the safety and soundness of banks and the stability of the broader banking system.” Article content Article content Until recently, banks have mainly focused on what so-called transition risks mean for their underlying business. These risks are tied to changes in asset values and other costs associated with the decarbonization of the global economy. But as temperatures soar around the world, triggering a deadly cocktail o
Show less
Read more
Impact Snapshot
Event Time:
BAC
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
BAC alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
BAC alerts
High impacting Bank of America Corporation news events
Weekly update
A roundup of the hottest topics
BAC
News
- ‘It's unfortunate': Boise restaurant closed after 30 years and will be torn down for this [Yahoo! Finance]Yahoo! Finance
- Fed to Signal Delay of Interest-Rate Cuts [Yahoo! Finance Canada]Yahoo! Finance Canada
- Fed to Signal Delay of Interest-Rate Cuts [BNN Bloomberg (Canada)]BNN Bloomberg
- Extreme Bond Market Shorts Gamble on a Hawkish Powell Pivot [Yahoo! Finance]Yahoo! Finance
- Extreme Bond Market Shorts Gamble on a Hawkish Powell Pivot [BNN Bloomberg (Canada)]BNN Bloomberg
BAC
Earnings
- 4/16/24 - Beat
BAC
Sec Filings
- 4/30/24 - Form S-8
- 4/30/24 - Form IRANNOTICE
- 4/30/24 - Form 10-Q
- BAC's page on the SEC website