Bank of America Corporation (NYSE:BAC) Given Average Recommendation of “Moderate Buy” by Brokerages

Bank of America Corporation (NYSE:BAC) has received an average recommendation of “Moderate Buy” from the twenty-six brokerages that are currently covering the stock, Marketbeat reports. Four research analysts have rated the stock with a hold recommendation and twenty-two have given a buy recommendation to the company. The average 12 month target price among analysts that have issued a report on the stock in the last year is $60.3043.

Several equities research analysts recently issued reports on the company. Royal Bank Of Canada increased their price objective on Bank of America from $56.00 to $59.00 and gave the stock an “outperform” rating in a research note on Friday, December 12th. Keefe, Bruyette & Woods dropped their price target on shares of Bank of America from $64.00 to $63.00 and set an “outperform” rating on the stock in a research report on Thursday, January 15th. TD Cowen lowered their price objective on shares of Bank of America from $66.00 to $64.00 and set a “buy” rating on the stock in a research note on Thursday, January 15th. Wolfe Research lowered Bank of America from an “outperform” rating to a “peer perform” rating in a research note on Wednesday, January 7th. Finally, Dbs Bank raised Bank of America to a “moderate buy” rating in a research note on Wednesday, October 22nd.

Hedge Funds Weigh In On Bank of America

Several institutional investors and hedge funds have recently made changes to their positions in the company. Brighton Jones LLC boosted its stake in shares of Bank of America by 30.0% during the 4th quarter. Brighton Jones LLC now owns 108,872 shares of the financial services provider’s stock worth $4,785,000 after acquiring an additional 25,143 shares during the period. Sivia Capital Partners LLC raised its stake in Bank of America by 40.5% during the second quarter. Sivia Capital Partners LLC now owns 21,401 shares of the financial services provider’s stock worth $1,013,000 after acquiring an additional 6,174 shares in the last quarter. Nicholson Wealth Management Group LLC bought a new stake in shares of Bank of America during the second quarter worth $229,000. Kanawha Capital Management LLC boosted its stake in shares of Bank of America by 5.7% during the second quarter. Kanawha Capital Management LLC now owns 21,293 shares of the financial services provider’s stock valued at $1,008,000 after purchasing an additional 1,143 shares in the last quarter. Finally, Curbstone Financial Management Corp raised its stake in shares of Bank of America by 15.4% during the second quarter. Curbstone Financial Management Corp now owns 28,512 shares of the financial services provider’s stock valued at $1,349,000 after acquiring an additional 3,808 shares during the last quarter. Institutional investors and hedge funds own 70.71% of the company’s stock.

Bank of America News Roundup

Here are the key news stories impacting Bank of America this week:

• Positive Sentiment: JPMorgan and other analysts remain constructive — JPMorgan slightly raised its price target to $61.50 and kept an Overweight rating, signaling analyst conviction and upside relative to the current price. Why Analysts Are Closely Watching Bank of America Corporation (BAC)
• Positive Sentiment: Community development lending: BofA’s Community Development Banking funded $7.4B in 2025 to create 11,000+ affordable housing units — a positive for franchise strength, fee income and ESG credentials. BofA Community Development Banking Delivers $7.4 Billion…
• Neutral Sentiment: Macro/market signal — BofA research and coverage note U.S. Treasuries (especially 30‑year) as the best hedge if the Fed is done cutting, a view that shifts flows toward long-duration assets and can influence bank trading and investment portfolios. This is market commentary rather than a direct company operational change. Bank of America (BAC) Says U.S. Treasuries Are the Best ‘Safe Haven’
• Neutral Sentiment: Stock momentum since earnings has been muted — coverage notes the share price changed little in the month after BofA’s January quarter beat, suggesting investors are weighing earnings versus macro and regulatory headlines. Why Is Bank of America (BAC) Down 0.1% Since Last Earnings Report?
• Negative Sentiment: Regulatory risk rising — U.S. regulators appear closer to proposing new “Basel endgame” rules that could tighten how large banks measure risk and potentially raise capital requirements, which would pressure returns on equity and capital allocation. US bank regulators move closer to proposing new ‘Basel’ rules for large banks
• Negative Sentiment: Legal/compliance spotlight — a recent ruling in the Jeffrey Epstein-related trial has refocused attention on BofA’s compliance controls and potential reputational/legal risk, which could add uncertainty to costs or capital planning. Epstein Trial Ruling Puts Bank Of America Compliance And Returns In Focus
• Negative Sentiment: Big‑holder movement risk — reports suggest Berkshire Hathaway may have trimmed (or could have trimmed) Bank of America holdings in the quarter; large stake changes can create headline-driven volatility even if the long‑term thesis remains intact. Berkshire Might Have Sold More Apple, Bank of America Stock in Fourth Quarter

Bank of America Trading Up 0.0%

Shares of NYSE:BAC opened at $52.53 on Friday. Bank of America has a fifty-two week low of $33.06 and a fifty-two week high of $57.55. The company has a quick ratio of 0.80, a current ratio of 0.80 and a debt-to-equity ratio of 1.15. The company has a market cap of $383.59 billion, a PE ratio of 13.72, a P/E/G ratio of 1.28 and a beta of 1.29. The company’s 50-day moving average price is $54.43 and its 200 day moving average price is $52.04.

Bank of America (NYSE:BAC) last issued its quarterly earnings results on Wednesday, January 14th. The financial services provider reported $0.98 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.96 by $0.02. The company had revenue of $4.53 billion for the quarter, compared to analysts’ expectations of $27.73 billion. Bank of America had a return on equity of 11.07% and a net margin of 16.23%.The firm’s revenue for the quarter was up 12.3% on a year-over-year basis. During the same period last year, the firm earned $0.82 EPS. Sell-side analysts anticipate that Bank of America will post 3.7 earnings per share for the current year.

Bank of America Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, March 27th. Shareholders of record on Friday, March 6th will be given a dividend of $0.28 per share. The ex-dividend date is Friday, March 6th. This represents a $1.12 annualized dividend and a dividend yield of 2.1%. Bank of America’s payout ratio is presently 29.24%.

Bank of America Company Profile

Bank of America Corporation is a multinational financial services company headquartered in Charlotte, North Carolina. It provides a broad array of banking, investment, asset management and related financial and risk management products and services to individual consumers, small- and middle-market businesses, large corporations, governments and institutional investors. The firm operates through consumer banking, global wealth and investment management, global banking and markets businesses, offering capabilities across lending, deposits, payments, advisory and capital markets.

Its consumer-facing offerings include checking and savings accounts, mortgages, home equity lending, auto loans, credit cards and small business banking, supported by a nationwide branch network and digital channels.