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BAC-P-M

$--
--%
1d
1w
1m

Analysis and statistics

  • Open
    22.5234$
  • Previous Close
    22.6259$
  • 52 Week Change
    4.05$
  • Day Range
    -0.10$
  • 52 Week High/Low
    20.83$ - 24.88$
  • Dividend Per Share
    --
  • Market cap
    0$
  • EPS
    --
  • Beta
    --
  • Volume
    --

About

BAC-P-M.US refers to the Bank of America Corporation, Series MM Cumulative Preferred Stock. It is a type of preferred stock issued by Bank of America and the ".US" suffix generally indicates that it is traded on a United States stock exchange. This stock offers a fixed dividend payment and has a preference over common stock in terms of dividend payments and asset liquidation.
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Factors

BAC-P-M.US's price is influenced by several factors. Overall Market Conditions: Broad market trends, economic indicators, and investor sentiment significantly impact stock prices.

Interest Rate Environment: As a preferred stock, its price is sensitive to interest rate changes; rising rates can decrease its attractiveness.

Bank of America's Performance: Bank of America's financial health, profitability, and stability directly affect its preferred stock's value.

Credit Rating: Changes in Bank of America's credit rating can alter investor perception of risk associated with its preferred stock.

Dividend Payments: The consistency and yield of dividend payments from BAC-P-M.US play a vital role in its pricing.

Liquidity: The ease with which BAC-P-M.US can be bought and sold impacts its price; lower liquidity can result in price volatility.

Alternative Investments: The availability and attractiveness of alternative fixed-income investments influence demand and price.

Call Provisions: Call provisions of the preferred stock, granting Bank of America the option to redeem shares, affect its price ceiling.

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