Bank of America Q3 EPS Forecast Increased by Seaport Res Ptn

Bank of America Corporation (NYSE:BAC - Free Report) - Equities research analysts at Seaport Res Ptn raised their Q3 2025 earnings estimates for shares of Bank of America in a note issued to investors on Tuesday, July 8th. Seaport Res Ptn analyst J. Mitchell now expects that the financial services provider will post earnings of $0.97 per share for the quarter, up from their previous forecast of $0.95. The consensus estimate for Bank of America's current full-year earnings is $3.70 per share. Seaport Res Ptn also issued estimates for Bank of America's Q4 2025 earnings at $0.98 EPS, Q1 2026 earnings at $0.99 EPS and Q3 2026 earnings at $1.17 EPS.

Bank of America (NYSE:BAC - Get Free Report) last issued its quarterly earnings data on Tuesday, April 15th. The financial services provider reported $0.90 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.80 by $0.10. The firm had revenue of $27.37 billion during the quarter, compared to analysts' expectations of $26.83 billion. Bank of America had a net margin of 14.56% and a return on equity of 10.25%.

Several other research analysts have also recently weighed in on the stock. Oppenheimer reiterated an "outperform" rating on shares of Bank of America in a report on Thursday, May 22nd. Hsbc Global Res cut shares of Bank of America from a "strong-buy" rating to a "hold" rating in a report on Tuesday, July 8th. Piper Sandler reduced their target price on shares of Bank of America from $45.00 to $42.00 and set a "neutral" rating for the company in a report on Wednesday, April 16th. The Goldman Sachs Group increased their target price on shares of Bank of America from $46.00 to $52.00 and gave the stock a "buy" rating in a report on Tuesday, June 10th. Finally, Wall Street Zen cut shares of Bank of America from a "hold" rating to a "sell" rating in a report on Thursday, May 22nd. Two research analysts have rated the stock with a sell rating, six have given a hold rating, seventeen have given a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, Bank of America currently has a consensus rating of "Moderate Buy" and a consensus price target of $48.89.

Bank of America Trading Down 0.6%

NYSE BAC traded down $0.26 during trading on Thursday, reaching $46.71. 31,608,474 shares of the stock traded hands, compared to its average volume of 40,554,722. The firm has a market cap of $351.81 billion, a price-to-earnings ratio of 13.90, a price-to-earnings-growth ratio of 1.27 and a beta of 1.30. The stock's 50-day moving average price is $44.99 and its 200 day moving average price is $43.55. The company has a quick ratio of 0.78, a current ratio of 0.79 and a debt-to-equity ratio of 1.11. Bank of America has a fifty-two week low of $33.07 and a fifty-two week high of $49.31.

Bank of America Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, June 27th. Shareholders of record on Friday, June 6th were issued a dividend of $0.26 per share. The ex-dividend date was Friday, June 6th. This represents a $1.04 annualized dividend and a yield of 2.23%. Bank of America's payout ratio is 30.95%.

Institutional Trading of Bank of America

Several institutional investors have recently made changes to their positions in BAC. Norges Bank bought a new stake in shares of Bank of America in the 4th quarter worth $5,226,989,000. Capital World Investors grew its stake in shares of Bank of America by 23.9% in the 4th quarter. Capital World Investors now owns 88,210,527 shares of the financial services provider's stock worth $3,876,853,000 after acquiring an additional 17,031,143 shares in the last quarter. Deutsche Bank AG grew its position in Bank of America by 45.1% during the first quarter. Deutsche Bank AG now owns 48,112,090 shares of the financial services provider's stock valued at $2,007,718,000 after buying an additional 14,960,086 shares during the period. Price T Rowe Associates Inc. MD grew its position in Bank of America by 10.6% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 122,437,422 shares of the financial services provider's stock valued at $5,381,126,000 after buying an additional 11,691,451 shares during the period. Finally, Northern Trust Corp grew its position in Bank of America by 17.2% during the fourth quarter. Northern Trust Corp now owns 67,935,940 shares of the financial services provider's stock valued at $2,985,785,000 after buying an additional 9,980,859 shares during the period. Institutional investors own 70.71% of the company's stock.

Bank of America Company Profile

Bank of America Corporation, through its subsidiaries, provides banking and financial products and services for individual consumers, small and middle-market businesses, institutional investors, large corporations, and governments worldwide. It operates in four segments: Consumer Banking, Global Wealth & Investment Management (GWIM), Global Banking, and Global Markets.