How to buy Bank of America shares

Learn how to easily invest in Bank of America shares.

Bank of America Corp (BAC) is a publicly traded diversified banking business based in the US which employs around 213,500 staff. Bank of America is listed on the NYSE and traded in US dollars. Its current price of $46.06 is 16.8% up on its price a month ago ($39.45).

How to buy shares in Bank of America

  1. Open a brokerage account. Choose from our top broker picks or compare brokers in depth. Then, complete an application.
  2. Fund your account. Add money to your account via bank transfer, debit card or credit card.
  3. Search the platform by ticker symbol. BAC in this case.
  4. Choose an order type. Place a market order or limit order with your preferred number of shares or dollar amount.
  5. Submit the order. It's that simple.
The whole process can take as little as 15 minutes. You'll need a smartphone or computer, an internet connection, your passport or driving licence and a means of payment.

Our top picks for where to buy Bank of America shares

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Fees calculator for buying Bank of America shares with popular apps

Both exchange rates and share prices fluctuate in real time, so the costs estimated here should be considered as a guide only. They don't factor in spreads, which can be hard to pin down. Always refer to the platform itself for availability and pricing.

Quantity of shares

20
Platform Finder Score Account fee Min. initial deposit Trade cost Link
eToro Free Stocks logo
4.3 ★★★★★
£0 $100 £731.44
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Freetrade logo
4.4 ★★★★★
£0 £1 £733.19
Go to siteCapital at risk
Trading212 logo
4.7 ★★★★★
£0 £1 £727.09
Go to siteCapital at risk
XTB logo
4.4 ★★★★★
£0 £0 £729.63
Go to siteCapital at risk
CMC Invest share dealing account logo
4.4 ★★★★★
£0 £0 £729.63
Go to siteCapital at risk
Hargreaves Lansdown Fund and Share Account logo
4.2 ★★★★★
£0 (0.45% for funds) £1 £745.21
Go to siteCapital at risk

Full comparison of share dealing platforms

These providers cover a wide range of stocks, but we can't guarantee they'll all offer this stock.

All investing should be regarded as longer term. The value of your investments can go up and down, and you may get back less than you invest. Past performance is no guarantee of future results. If you’re not sure which investments are right for you, please seek out a financial adviser. Capital at risk.


Alternative ways to invest in Bank of America

Buying shares in just one company is generally considered a riskier bet than investing in a range of investments - AKA a "diversified portfolio". Experts generally recommend holding a mix of investments in specific assets and funds. Funds are ready-made portfolios of multiple companies' shares (potentially including Bank of America), and the idea is that drops in the value of one constituent company's share price might be offset by rises in others.

Bank of America is a major part of the NYSE, so it's included in many global funds and investment trusts, as well as tracker-style exchange traded funds (ETFs).

ETF5-year performance (to August 2024)Link to invest
Invesco S&P 500 (SPXP)Invesco icon94.07%Invest with XTBCapital at risk
Xtrackers S&P 500 Swap (XSPX)DWS Xtrackers icon93.77%Invest with XTBCapital at risk
iShares Core S&P 500 (CSP1)iShares icon91.84%Invest with XTBCapital at risk
HSBC S&P 500 (HSPX)HSBC icon80.38%Invest with XTBCapital at risk
Vanguard S&P 500 (VUSA)Vanguard icon79.29%Invest with XTBCapital at risk
SPDR S&P 500 ETF (SPX5)SPDR icon79.17%Invest with XTBCapital at risk

Is it a good time to buy Bank of America stock?

Review technicals and fundamentals to help you determine if now's a good time for you to invest.

Technical analysis

View Bank of America's price performance, share price volatility, historical data and technicals.

Use our graph to track the performance of BAC stock over time.

Historical closes compared with the last close of $46.06

1 week (2024-11-13) 8.12%
1 month (2024-10-20) 16.76%
3 months (2024-08-20) 11.26%
6 months (2024-05-20) 23.29%
1 year (2023-11-20) 85.31%
2 years (2022-11-20) 37.66%
3 years (2021-11-20) 4.82%
5 years (2019-11-20) 64.42%

The gauge below shows real-time ratings that are based on 26 popular indicators such as moving averages, for specific time periods. It's not a recommendation but is simply technical analysis that can form part of your research.

Finder might not agree with the analysis and we take no responsibility. We also give no representations or warranty on the accuracy or completeness of the information provided on this page.

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All investing should be regarded as longer term. The value of your investments can go up and down, and you may get back less than you invest. Past performance is no guarantee of future results. If you’re not sure which investments are right for you, please seek out a financial adviser. Capital at risk.


Frequently asked questions

All investing should be regarded as longer term. The value of your investments can go up and down, and you may get back less than you invest. Past performance is no guarantee of future results. If you’re not sure which investments are right for you, please seek out a financial adviser. Capital at risk.


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