2. $10
$12
$14
$16
$18
$20
$22
$24
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
PRICEPERSHARE
Falling energy prices
weigh on Bank of
America’s stock to
begin the year.
Investors worry about
rising loan losses from
the oil and gas industry.
3. $10
$12
$14
$16
$18
$20
$22
$24
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
PRICEPERSHARE
Bank of America’s stock
bottoms out at $11.16 a
share on Feb. 11. This is
the same time that oil
drops below $30 a barrel.
4. $10
$12
$14
$16
$18
$20
$22
$24
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
PRICEPERSHARE
Bank of America’s stock
recovers as oil prices
trend higher, reaching
$50 a barrel by the
beginning of June.
5. $10
$12
$14
$16
$18
$20
$22
$24
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
PRICEPERSHARE
A majority of voters in
the United Kingdom vote
on June 23 to leave the
European Union,
throwing markets into
turmoil.
6. $10
$12
$14
$16
$18
$20
$22
$24
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
PRICEPERSHARE
Bank of America’s stock
bottoms out at $12 a share
on June 27, as investors fear
the effects of Brexit on big
bank stocks.
8. $10
$12
$14
$16
$18
$20
$22
$24
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
PRICEPERSHARE
The presidential election causes bank
stocks to soar, as optimism toward the
industry climbs on the President-elect’s
campaign promises to roll back
regulation in the bank industry.
9. $10
$12
$14
$16
$18
$20
$22
$24
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
PRICEPERSHARE
The Federal Reserve increases
interest rates on Dec. 14,
consolidating Bank of
America’s gain, as it will earn
billions more in net interest
income as rates rise.
10. $10
$12
$14
$16
$18
$20
$22
$24
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
PRICEPERSHARE
Bank of America’s
stock finishes the
year at $22.10 a
share, up 35% for
the year.
11. $10
$12
$14
$16
$18
$20
$22
$24
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
PRICEPERSHARE
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