Why BMO sees California expansion as key to future growth [Yahoo! Finance]
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: Yahoo! Finance
What's at stake: Greater density should lead to higher market share and larger returns, BMO executives told analysts at the bank's investor day. Forward look: BMO expects to achieve a 12% return on equity for its U.S. business by the fourth quarter of 2027, according to the bank's U.S. president. BMO Financial Group presented a detailed case Thursday for opening more than 130 branches in California, saying that its planned expansion in the nation's most populous state will attract more customers and more deposits and deliver higher returns. BMO's U.S. president, Aron Levine, told analysts that the Canadian bank expects to reel in $50 million to $60 million of retail deposits from each new California branch within three years of its opening. BMO, which currently has about 220 branches in California, plans to have more than 350 locations there within the next five years. Levine's comments came a week after BMO announced its plans for additional branches across the Golden State
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
- Wave Life Sciences Ltd. (WVE) Discusses Positive Interim Phase I Data from INLIGHT Trial of WVE-007 for Obesity Transcript [Seeking Alpha]Seeking Alpha
- Bank of America (BAC) had its price target lowered by Oppenheimer Holdings, Inc. from $63.00 to $58.00. They now have an "outperform" rating on the stock.MarketBeat
- Watson Links and Bank of America Partner to Expand Youth Golf Access and Mentorship through Golf with UsPR Newswire
- Bank of America (BAC) was upgraded by Jefferies Financial Group Inc. to "strong-buy".MarketBeat
- Don't be fooled into buying on gold's dip [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
BAC
Earnings
- 1/14/26 - Beat
BAC
Sec Filings
- 3/27/26 - Form 424B2
- 3/27/26 - Form 424B2
- 3/27/26 - Form FWP
- BAC's page on the SEC website