2 weeks Ago By Defense World Staff
Bank of America Co. (NYSE:BAC – Free Report) – Investment analysts at Seaport Res Ptn dropped their Q2 2025 earnings per share estimates for Bank of America in a research report issued to clients and investors on Tuesday, April 15th. Seaport Res Ptn analyst J.
Mitchell now forecasts that the financial services provider will post earnings per share of $0.88 for the quarter, down from their prior forecast of $0.90.
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 Q3 2025 earnings at $0.
95 EPS, Q1 2026 earnings at $0.98 EPS, Q2 2026 earnings at $1.11 EPS and FY2026 earnings at $4.
45 EPS. Bank of America (NYSE:BAC – Get Free Report) last posted its earnings results on Tuesday, April 15th. The financial services provider reported $0.
90 earnings per share for the quarter, topping the consensus estimate 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 return on equity of 10.29% and a net margin of 14.10%.
Other equities research analysts have also issued reports about the stock. Evercore ISI cut their price target on shares of Bank of America from $51.00 to $48.
00 and set an “outperform” rating on the stock in a research note on Tuesday, April 1st. HSBC raised Bank of America from a “hold” rating to a “buy” rating and set a $50.00 target price for the company in a report on Tuesday, January 7th.
Citigroup cut their price target on Bank of America from $54.00 to $50.00 and set a “buy” rating on the stock in a research report on Monday, March 24th.
Robert W. Baird raised Bank of America from a “neutral” rating to an “outperform” rating and increased their price objective for the company from $45.00 to $50.
00 in a report on Friday, March 7th. Finally, Truist Financial cut their target price on shares of Bank of America from $50.00 to $47.
00 and set a “buy” rating on the stock in a report on Wednesday. One research analyst has rated the stock with a sell rating, six have assigned a hold rating, seventeen have assigned a buy rating and three have given a strong buy rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $47.
20.Check Out Our Latest Analysis on BACBank of America Stock Up 0.3 %Shares of NYSE:BAC opened at $37.
44 on Thursday. The firm has a 50 day simple moving average of $41.46 and a 200-day simple moving average of $43.
60. Bank of America has a twelve month low of $33.07 and a twelve month high of $48.
08. The company has a current ratio of 0.78, a quick ratio of 0.
78 and a debt-to-equity ratio of 1.04. The company has a market capitalization of $284.
65 billion, a PE ratio of 11.63, a P/E/G ratio of 1.21 and a beta of 1.
24. Bank of America Announces DividendThe firm also recently declared a quarterly dividend, which was paid on Friday, March 28th. Investors of record on Friday, March 7th were paid a $0.
26 dividend. The ex-dividend date of this dividend was Friday, March 7th. This represents a $1.
04 dividend on an annualized basis and a dividend yield of 2.78%. Bank of America’s dividend payout ratio (DPR) is presently 30.
95%. Institutional Inflows and OutflowsLarge investors have recently bought and sold shares of the business. Chicago Capital LLC boosted its position in shares of Bank of America by 28.
7% during the 1st quarter. Chicago Capital LLC now owns 19,959 shares of the financial services provider’s stock worth $833,000 after purchasing an additional 4,450 shares in the last quarter. Consilium Wealth Advisory LLC boosted its holdings in Bank of America by 3.
1% during the first quarter. Consilium Wealth Advisory LLC now owns 9,933 shares of the financial services provider’s stock worth $415,000 after buying an additional 300 shares in the last quarter. Stockman Wealth Management Inc.
grew its position in Bank of America by 2.5% during the first quarter. Stockman Wealth Management Inc.
now owns 249,487 shares of the financial services provider’s stock worth $10,411,000 after buying an additional 6,060 shares during the period. Boothe Investment Group Inc. increased its holdings in Bank of America by 0.
7% in the first quarter. Boothe Investment Group Inc. now owns 173,512 shares of the financial services provider’s stock valued at $7,241,000 after buying an additional 1,198 shares in the last quarter.
Finally, QRG Capital Management Inc. boosted its stake in shares of Bank of America by 5.1% during the 1st quarter.
QRG Capital Management Inc. now owns 979,138 shares of the financial services provider’s stock worth $40,859,000 after acquiring an additional 47,123 shares in the last quarter. Hedge funds and other institutional investors own 70.
71% of the company’s stock. Bank of America Company Profile (Get Free Report)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.
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