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Bank of America unit fined $5 million for options reporting lapses







FILE PHOTO: A Bank of America logo in New York City

A US regulator has fined a unit of Bank of America Corp $5 million for failing to report over-the-counter options positions more than 7.4 million times.

The Financial Industry Regulatory Authority said BofA Securities did not admit or admit wrongdoing in agreeing to settle.

Marketzone with Reuters 2022

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Analyst Recommendations for BANK OF AMERICA CORPORATION

2022 turnover 93,697M

92,488M
2022 net result 26,344M

26,004M
Net debt 2022

PER 202210.9x
2022 return2.48%
Capitalization 281 billion
281 billion
277 billion
capi. / CA 20223.00x
capi. / CA 20232.75x
Number of employees210,000
Floating99.9%

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Trends Technical Analysis BANK OF AMERICA CORPORATION

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Average recommendationACCUMULATE
Number of Analysts26
Last Closing Price$34.94
Average price target$41.97
Deviation / Average Target20.1%

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