Why Are Bank Branches Disappearing?
There's been a lot of talk in the bank industry over the last few years about the future of bank branches -- or, rather, about whether or not they have a future.
Like the retail industry, customers have started shifting how they access financial products and services, such as checking, savings, and brokerage accounts. Instead of walking into a branch to make a deposit, they're instead using their smartphones to do so.
Image source: Bank of America.
Source: Fool.com
Bank of America Corp. Stock
€40.55
0.160%
Currently there is a rather positive sentiment for Bank of America Corp. with 42 Buy predictions and 5 Sell predictions.
With a target price of 41 € there is a slightly positive potential of 1.11% for Bank of America Corp. compared to the current price of 40.55 €.
