Tomahawk, WI 12/10/2013 (BasicsMedia) – Bank of America Corp (NYSE:BAC) has braced a tough year like most other banks. To remain competitive it has taken major steps in a bid to gain more market share, however, it still remains vulnerable in several areas and its future has been hard to predict due to these challenges. Current investors and prospective investors can only continue to keep an eye on their stocks with the hope of better days to come. Given, there has been an inevitable go-slow in the economy which has greatly affected the banking sectors.

As it is now, it would be wise to hold onto its shares but not add until the New Year comes. If the share price takes a hit, this would create an ideal buying opportunity. However, with the prevailing conditions there are still several uncertainties and an obvious lack of visibility in key areas. These factors make it very difficult to predict where the company is headed. The New Year may come with some pleasant surprises but it is still too soon to call and investors can only hold on to shares.

Bank of America Corp (NYSE:BAC) 2013 default risk analysis

Donald van Deventer a financial risk manager worked under Mark Terry who was BAC’s head of financial analysis in the San Francisco.  An initial analysis was conducted by Donald and his team on July 8, 2013 and a follow-up on August 20, 2013. The annualized probability was 0.49 and 0.44 percent consecutively for this year. BAC’s consolidated borrowings peaked at $48.1 billion. These results are not too bad based on the economic slowdown; however, they are not impressive. Investors and bank officials can only look forward to a better year.

Ex-dividend date schedule

Bank of America Corp (NYSE:BAC) began ex-dividend trading on the 4th of December, 2013. Share holders can expect a dividend of $0.01 per share which will be paid on December 27th, 2013. This will apply to those who bought shares prior to the set date for the ex-dividend. This payout will mark the 19th quarter since BAC began paying dividends at $0.01 per share. The current stock price of $15.73 sets the dividend yield of 25 percent.

Insiders look to Bank of America Corp (NYSE:BAC)

Brian Moynihan who is the Chief Executive Officer is set to make a presentation in New York. This will be at a financial services conference on Tuesday, December 10. The presentation is expected to cover the financial performance especially in the fourth quarter. Standards have been set by Feds with banks being seen to shuffle assets in a bid to not only meet buy exceed these requirements.

Bank of America Corp (NYSE:BAC) has further announced that they are set to release 2013 annual results in mid January 2014. This will basically be a prelude which will set expectations for the New Year. Key events that will have a major impact on the annual statement include the Freddie Mac agreement, QE3 and the cost of money. QE3 particularly is expected to indicate volatile effects and this will in turn give direction to investors for the New Year.

DISCLAIMER: This content is neither an offer nor recommendation to buy or sell any security. We hold no investment licenses and are thus neither licensed nor qualified to provide investment advice. The content in this report or email is not provided to any individual with a view toward their individual circumstances. While all information is believed to be reliable, it is not guaranteed by us to be accurate. Individuals should assume that all information contained in our newsletter is not trustworthy unless verified by their own independent research. Also, because events and circumstances frequently do not occur as expected, there will likely be differences between the any predictions and actual results. Always consult a real licensed investment professional before making any investment decision. Be extremely careful, investing in securities carries a high degree of risk; you may likely lose some or all of the investment.