Bank of America is the second largest U.S. bank as measured by ... Consequently, some investors make a habit out of tracking which stocks Buffett buys and sells on behalf of his company. For those ...

Berkshire sold 48,660,056 shares of Bank of America (NYSE: BAC), a stock up 520% since Buffett first took a stake in August 2011. The sale reduced the position 7%, but it's still his company's ...

Berkshire still owns a 10.5% stake in the bank worth about $33 billion, making it the conglomerate’s third-largest public holding.

Bank of America remains Berkshire's third-largest holding based on the company's most recent 13F filing with the Securities and Exchange Commission. But Buffett may have continued selling the ...

Since the second quarter, Warren Buffett and his team at Berkshire Hathaway have reduced their stake in Bank of America from around 1 billion to 680 million shares, or about a 34% reduction.

The bulk of Berkshire's Bank of America stake was built up by exercising warrants for 700 million shares at a price of $7.14 per share in the summer of 2017.

Bank of America Corporation (NYSE:BAC) is one of the largest domestic banks in America. Its shares have gained 6.6% year-to-date and have recovered all losses since President Trump’s Liberation ...

In the fourth quarter of 2024, Bank of America Corporation (NYSE:BAC) reported revenue of $25.3 billion, up from $22 billion in the same period last year.

BAC Price Action: Bank of America stock was down 1.9% to $46.15 on Tuesday versus a 52-week trading range of $33.06 to $49.30. Bank of America stock is up 4.6% year-to-date in 2025.

Buffett, whose Berkshire Hathaway is Wells Fargo's largest shareholder, said that Wells Fargo remains his favorite bank, and that he holds one million shares of J.P. Morgan Chase.

Bank of America currently trades at 1.7 times tangible book value, a premium to the 10-year average of 1.5 times tangible book value. But the multiple actually hit 1.8 in the first quarter.