Bank of America (BAC) Stock Price, News & Analysis

Company Overview

Bank of America (NYSE: BAC) is one of the world’s leading financial institutions, providing a comprehensive range of banking and financial products and services to individual consumers, small- and middle-market businesses, institutional investors, corporations and governments. With origins dating back to 1904 when Amadeo Giannini founded the Bank of Italy in San Francisco, the institution has grown through a series of mergers and acquisitions into a global banking powerhouse. Over the decades, it adopted the Bank of America name and expanded its offerings to encompass everything from retail banking to sophisticated capital markets operations.

The company’s principal business segments include Consumer Banking, Global Wealth & Investment Management, Global Banking and Global Markets. In its Consumer Banking division, Bank of America delivers deposit, lending and investment products through a network of retail branches, ATMs and its digital banking platform. Its Global Wealth & Investment Management arm serves high-net-worth individuals and institutions with wealth planning, trust services and investment products. The Global Banking segment offers lending-related, advisory and other services to business clients, while Global Markets provides sales, trading and research capabilities across fixed income, equities and foreign exchange.

Headquartered in Charlotte, North Carolina, Bank of America primarily serves clients across the United States but maintains a significant international presence with operations and clients in Europe, Asia, Latin America and other key markets. Its digital channels—including mobile and online banking—complement a vast physical footprint, helping to support its mission of delivering simple, convenient and secure financial services to a diverse client base.

Under the leadership of Chairman and Chief Executive Officer Brian Moynihan, the bank emphasizes responsible growth, innovation and corporate citizenship. The company has prioritized environmental, social and governance initiatives, focusing on sustainable finance and community development programs. Its corporate culture stresses diversity and inclusion, with efforts aimed at fostering a supportive environment for employees and delivering value to shareholders, clients and the communities it serves.

Key Stats

• Today's Range: $46.55 to $47.07
• 50-Day Range: $40.86 to $48.94
• 52-Week Range: $33.07 to $49.31
• Volume: 36.35 million shs
• Average Volume: 40.54 million shs
• Market Capitalization: $354.29 billion
• P/E Ratio: 14.00
• Dividend Yield: 2.21%
• Price Target: $48.89
• Consensus Rating: Moderate Buy

Bank of America Stock Analysis - MarketRank™

Bank of America scored higher than 97% of companies evaluated by MarketBeat, and ranked 44th out of 935 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.4 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Bank of America has received a consensus rating of Moderate Buy. The company's average rating score is 2.72, and is based on 17 buy ratings, 6 hold ratings, and 1 sell rating.

Amount of Analyst Coverage

Bank of America has been the subject of 19 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 3.1 / 5
• Proj. Earnings Growth: 17.84%

Earnings Growth

Earnings for Bank of America are expected to grow by 17.84% in the coming year, from $3.70 to $4.36 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Bank of America is 14.00, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 26.26.

Price to Earnings Ratio vs. Sector

The P/E ratio of Bank of America is 14.00, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 19.29.

Price to Earnings Growth Ratio

Bank of America has a PEG Ratio of 1.27. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

Bank of America has a P/B Ratio of 1.33. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

1.17% of the float of Bank of America has been sold short.

Short Interest Ratio / Days to Cover

Bank of America has a short interest ratio ("days to cover") of 1.9, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Bank of America has recently increased by 1.88%, indicating that investor sentiment is decreasing.

Dividend

• Score: 4.2 / 5
• Dividend Strength: Strong

Dividend Yield

Bank of America pays a meaningful dividend of 2.23%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Bank of America has been increasing its dividend for 11 years.

Dividend Coverage

The dividend payout ratio of Bank of America is 30.95%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, Bank of America will have a dividend payout ratio of 23.85% next year. This indicates that Bank of America will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: 3.3 / 5
• Environmental Score: -0.50

Percentage of Shares Shorted

1.17% of the float of Bank of America has been sold short.

Short Interest Ratio / Days to Cover

Bank of America has a short interest ratio ("days to cover") of 1.9, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Bank of America has recently increased by 1.88%, indicating that investor sentiment is decreasing.

News and Social Media

• Score: 3.3 / 5
• News Sentiment: 0.87

News Sentiment

Bank of America has a news sentiment score of 0.87. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Finance companies.

News Coverage This Week

MarketBeat has tracked 120 news articles for Bank of America this week, compared to 74 articles on an average week.

Search Interest

246 people have searched for BAC on MarketBeat in the last 30 days. This is an increase of 132% compared to the previous 30 days.

MarketBeat Follows

36 people have added Bank of America to their MarketBeat watchlist in the last 30 days. This is an increase of 33% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Bank of America insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 0.30% of the stock of Bank of America is held by insiders.

Percentage Held by Institutions

70.71% of the stock of Bank of America is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

BAC Stock Analysis - Frequently Asked Questions

How have BAC shares performed this year?

Bank of America's stock was trading at $43.95 on January 1st, 2025. Since then, BAC stock has increased by 7.0% and is now trading at $47.0390.

How were Bank of America's earnings last quarter?

Bank of America Corporation (NYSE:BAC) posted its earnings results on Tuesday, April, 15th. The financial services provider reported $0.90 EPS for the quarter, beating the consensus estimate of $0.80 by $0.10. The financial services provider had revenue of $27.37 billion for the quarter, compared to analysts' expectations of $26.83 billion. Bank of America had a trailing twelve-month return on equity of 10.25% and a net margin of 14.56%.
Read the conference call transcript.

Is Bank of America buying back stock?

Bank of America's board authorized a stock repurchase program on Wednesday, July 24th 2024, which permits the company to repurchase $25,000,000,000 in shares, according to EventVestor. This means that the company could reacquire up to 7.6% of its stock through open market purchases. Stock buyback programs are generally a sign that the company's leadership believes its stock is undervalued.

Does Bank of America have any subsidiaries?

Bank of America subsidiaries include these companies: Merrill Lynch, Countrywide Financial Corporation, Catahoula-LaSalle Bank, U.S. Trust Company of Delaware, HealthLogic Systems, MBNA, National Processing, and more.

Who are Bank of America's major shareholders?

Bank of America's top institutional shareholders include Assenagon Asset Management S.A., Swedbank AB (0.15%), Kingstone Capital Partners Texas LLC (0.05%) and Gateway Investment Advisers LLC (0.03%). Insiders that own company stock include Berkshire Hathaway Inc, Dean C Athanasia, Matthew M Koder, James P Demare, Bernard A Mensah, Lindsay D Hans and Of America Corp /De/ Bank.
View institutional ownership trends.

How do I buy shares of Bank of America?

Shares of BAC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of Bank of America own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Bank of America investors own include Salesforce (CRM), Chevron (CVX), Home Depot (HD), Bristol Myers Squibb (BMY), Johnson & Johnson (JNJ), CocaCola (KO) and Citigroup (C).

Company Calendar

• Last Earnings: 4/15/2025
• Record date for 6/27 Dividend: 6/06/2025
• Ex-Dividend for 6/27 Dividend: 6/06/2025
• Dividend Payable: 6/27/2025
• Today: 7/14/2025
• Next Earnings (Estimated): 7/16/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Finance
• Industry: FIN - INVEST BKRS
• Sub-Industry: Banking
• Current Symbol: NYSE:BAC
• CIK: 70858
• Web: www.bankofamerica.com
• Phone: (704) 386-5681
• Fax: 704-386-8009
• Employees: 213,000
• Year Founded: 1998

Price Target and Rating

• Average Price Target for Bank of America: $48.89
• High Price Target: $56.00
• Low Price Target: $39.00
• Potential Upside/Downside: +4.2%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.72
• Research Coverage: 25 Analysts

Profitability

• EPS (Trailing Twelve Months): $3.36
• Trailing P/E Ratio: 13.96
• Forward P/E Ratio: 12.68
• P/E Growth: 1.27
• Net Income: $27.13 billion
• Net Margins: 14.56%
• Pretax Margin: 15.73%
• Return on Equity: 10.25%
• Return on Assets: 0.84%

Debt

• Debt-to-Equity Ratio: 1.11
• Current Ratio: 0.79
• Quick Ratio: 0.78

Sales & Book Value

• Annual Sales: $192.43 billion
• Price / Sales: 1.84
• Cash Flow: $3.87 per share
• Price / Cash Flow: 12.13
• Book Value: $35.50 per share
• Price / Book: 1.32

Miscellaneous

• Outstanding Shares: 7,531,880,000
• Free Float: 7,509,280,000
• Market Cap: $353.34 billion
• Optionable: Optionable
• Beta: 1.30