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Bank of America (BAC) News Today

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$44.61 -0.12 (-0.27%)
As of 03:58 PM Eastern

Why is Bank of America Down Today?

Bank of America Co. (BAC) shares are trading higher after a wave of positive analyst actions, strategic initiatives and strong business updates.

  • Wells Fargo analyst Mike Mayo reaffirms a Buy rating on BAC, highlighting strategic investments and growth potential.
  • Goldman Sachs raises its price target for BAC to $52.00, signaling increased confidence in the bank’s outlook.
  • An independent study reports the 2024 Bank of America Chicago Marathon generated a record $683 million economic impact, boosting community engagement and brand visibility.
  • Bank of America confirms development of its own stablecoin, positioning the firm to capitalize on the growing digital-asset market.
  • Customer adoption of higher real-time payment limits under the RTP network accelerates, supporting fee growth in corporate payments.
  • The Board declares regular preferred-stock dividends for July and August 2025, underscoring the company’s commitment to returning cash to stakeholders.
  • A forecasted surge in trading revenues may help offset an anticipated dip in Q2 investment-banking fees, bolstering overall non-interest income.
  • BAC appears on MarketBeat’s list of real estate stocks to watch, reflecting its broad footprint in financing and servicing property markets.
  • The bank will redeem $3 billion of 1.319% fixed/floating senior notes due June 2026 as part of routine balance-sheet management.
  • Management participation at the Morgan Stanley US Financials, Payments & CRE Conference offers investors additional transparency on strategy and forward guidance.
  • Bank of America adjusts its major holdings in Gulf Marine Services, demonstrating ongoing portfolio rebalancing unrelated to core banking operations.
  • A deep-dive survey of 15 analyst ratings shows mixed views on BAC, underlining a range of price targets and valuation assumptions among Wall Street firms.
  • Projected declines in Q2 investment-banking fees could pressure revenue growth if uplifts from trading and payments businesses fall short.

Overall, positive analyst endorsements and strategic growth drivers have outweighed potential headwinds, contributing to the stock’s upward momentum today.

Posted 57m agoAI Generated. May Contain Errors.

BAC Latest News

Bank of America Co. stock logo
Top Real Estate Stocks To Watch Today - June 12th
Bank of America, Wells Fargo & Company, and Ford Motor are the three Real Estate stocks to watch today, according to MarketBeat's stock screener tool. Real estate stocks are shares of publicly traded companies that own, develop, manage or finance income-producing properties. By buying these equitie
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1,599,775 Shares in Bank of America Co. (NYSE:BAC) Bought by Compagnie Lombard Odier SCmA
Compagnie Lombard Odier SCmA acquired a new stake in Bank of America Co. (NYSE:BAC - Free Report) in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 1,599,775 shares of the financial services provider'
Bank of America Co. stock logo
Fort Washington Investment Advisors Inc. OH Lowers Holdings in Bank of America Co. (NYSE:BAC)
Fort Washington Investment Advisors Inc. OH lowered its holdings in shares of Bank of America Co. (NYSE:BAC) by 0.7% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 5,909,940 shares of the financial serv
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FMB Wealth Management Purchases New Stake in Bank of America Co. (NYSE:BAC)
FMB Wealth Management bought a new stake in Bank of America Co. (NYSE:BAC - Free Report) during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 8,693 shares of the financial services provider's stock, valued at approximately
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Bank of America Co. (NYSE:BAC) Position Lessened by Sapient Capital LLC
Sapient Capital LLC trimmed its position in shares of Bank of America Co. (NYSE:BAC) by 0.5% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,632,410 shares of the financial services prov
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Bank of America Co. (NYSE:BAC) is apricus wealth LLC's 8th Largest Position
apricus wealth LLC lowered its position in Bank of America Co. (NYSE:BAC) by 7.9% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 87,180 shares of the financial services provider's stock after selling 7,430 shares during
Bank of America Co. stock logo
Simon Quick Advisors LLC Has $18.58 Million Stake in Bank of America Co. (NYSE:BAC)
Simon Quick Advisors LLC grew its stake in Bank of America Co. (NYSE:BAC) by 11.8% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 445,157 shares of the financial services provider's stock after purchasing an addition
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Arvest Investments Inc. Sells 7,153 Shares of Bank of America Co. (NYSE:BAC)
Arvest Investments Inc. cut its stake in Bank of America Co. (NYSE:BAC - Free Report) by 16.1% in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 37,180 shares of the financial services provider's stock afte
Bank of Korea FX reserves drop despite won strength
Bank of America: In on stablecoins?
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Top Real Estate Stocks To Add to Your Watchlist - June 11th
Bank of America, MercadoLibre, Ford Motor, Wells Fargo & Company, and Huntington Bancshares are the five Real Estate stocks to watch today, according to MarketBeat's stock screener tool. Real estate stocks are shares of publicly traded companies whose primary business involves owning, developing or
Bank of America Co. stock logo
InTrack Investment Management Inc Sells 14,625 Shares of Bank of America Co. (NYSE:BAC)
InTrack Investment Management Inc reduced its position in shares of Bank of America Co. (NYSE:BAC) by 45.6% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 17,448 shares of the financial services pro
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Bard Financial Services Inc. Has $9.02 Million Stock Holdings in Bank of America Co. (NYSE:BAC)
Bard Financial Services Inc. cut its holdings in Bank of America Co. (NYSE:BAC) by 4.5% in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 216,095 shares of the financial services provider's stock after selling 10,230 sh
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USA Financial Formulas Sells 10,516 Shares of Bank of America Co. (NYSE:BAC)
USA Financial Formulas reduced its stake in Bank of America Co. (NYSE:BAC - Free Report) by 39.9% during the first quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 15,842 shares of the financial services provider's stock after selling 10,516 shares during
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Integrated Advisors Network LLC Cuts Stock Holdings in Bank of America Co. (NYSE:BAC)
Integrated Advisors Network LLC trimmed its stake in shares of Bank of America Co. (NYSE:BAC - Free Report) by 41.7% in the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor owned 97,698 shares of the financial services provider's stock after selling 69,
Bank of America Co. stock logo
Harbor Capital Advisors Inc. Reduces Stock Position in Bank of America Co. (NYSE:BAC)
Harbor Capital Advisors Inc. lessened its stake in shares of Bank of America Co. (NYSE:BAC) by 9.2% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 136,096 shares of the financial services pr
BofA Securities upgrades Givaudan stock rating to buy
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Bank of America (NYSE:BAC) Given New $52.00 Price Target at The Goldman Sachs Group
The Goldman Sachs Group boosted their target price on shares of Bank of America from $46.00 to $52.00 and gave the stock a "buy" rating in a research report on Tuesday.
Bank of America Increases Stake in AIB Group
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Bank of America Co. (NYSE:BAC) Stock Holdings Trimmed by Sarasin & Partners LLP
Sarasin & Partners LLP trimmed its holdings in shares of Bank of America Co. (NYSE:BAC) by 23.3% during the first quarter, according to its most recent Form 13F filing with the SEC. The firm owned 23,000 shares of the financial services provider's stock after selling 7,000 shares during the period.
Bank of America Co. stock logo
Oak Family Advisors LLC Has $2.42 Million Stake in Bank of America Co. (NYSE:BAC)
Oak Family Advisors LLC lifted its position in Bank of America Co. (NYSE:BAC - Free Report) by 109.7% in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 58,006 shares of the financial services provider's stock after buying an a
Bank of America Co. stock logo
Handelsbanken Fonder AB Sells 91,138 Shares of Bank of America Co. (NYSE:BAC)
Handelsbanken Fonder AB lessened its position in Bank of America Co. (NYSE:BAC - Free Report) by 3.4% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,595,046 shares of the financial services provider's
Bank of America Co. stock logo
Bank of America Co. (NYSE:BAC) Position Reduced by Sanibel Captiva Trust Company Inc.
Sanibel Captiva Trust Company Inc. reduced its position in Bank of America Co. (NYSE:BAC) by 2.9% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 231,683 shares of the financial servi
Bank of America Co. stock logo
Bank of America Co. (NYSE:BAC) Shares Sold by Livforsakringsbolaget Skandia Omsesidigt
Livforsakringsbolaget Skandia Omsesidigt lessened its position in shares of Bank of America Co. (NYSE:BAC) by 17.6% in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 378,767 shares of the financial services provider's stock after s
Bank of America Co. stock logo
Simplicity Wealth LLC Grows Position in Bank of America Co. (NYSE:BAC)
Simplicity Wealth LLC increased its holdings in shares of Bank of America Co. (NYSE:BAC) by 821.7% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 63,576 shares of the financial services provider's st
Bank of America Co. stock logo
Yousif Capital Management LLC Trims Position in Bank of America Co. (NYSE:BAC)
Yousif Capital Management LLC lessened its holdings in shares of Bank of America Co. (NYSE:BAC - Free Report) by 2.4% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 935,443 shares of the financial services p
Bank of America Co. stock logo
Tounjian Advisory Partners LLC Takes $644,000 Position in Bank of America Co. (NYSE:BAC)
Tounjian Advisory Partners LLC acquired a new stake in Bank of America Co. (NYSE:BAC - Free Report) during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 15,424 shares of the financial services provide
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Bank of America Co. (NYSE:BAC) Given Average Recommendation of "Moderate Buy" by Brokerages
Bank of America Co. (NYSE:BAC) has earned a consensus rating of "Moderate Buy" from the twenty-seven ratings firms that are currently covering the company, MarketBeat reports. One analyst has rated the stock with a sell rating, five have assigned a hold rating, seventeen have given a buy rating a
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This page (NYSE:BAC) was last updated on 6/12/2025 by MarketBeat.com Staff
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