BAC Bank of America Corp
Company Analysis
Latest News
Bank of America Named a Key Underwriter for Switch's AI-Focused IPO
Bank of America will underwrite the confidential U.S. initial public offering for data center operator Switch Inc. The IPO aims to capitalize on surging...
Bank of America IB Co-Head Mike Joo Exits Following 50% Fee Surge
Mike Joo is leaving his role as co-head of global investment banking at Bank of America for an external opportunity. Faiz Ahmad will become the sole head of...
JPMorgan Hikes Bank of America Target to $68, Citing Profit Potential
JPMorgan Chase & Co. increased the Bank of America (NYSE: BAC) price target to $68.00. The previous target was $62.50. The firm maintained its overweight...
Bank of America Increases Quarterly Dividend by 14%
Bank of America's Board of Directors approved a 14% increase in the quarterly common stock dividend, raising it to $0.32 per share from $0.28. Chairman and CEO...
Bank of America's second quarter 2026 revenue of $31.6B beat estimates, driven by strong trading and investment banking.
Bank of America reported second quarter 2026 revenue of $31.6 billion, up 15% year-over-year, with diluted earnings per share of $1.21, a 34% increase from the...
Bank of America Corp Q2 2026 Earnings Preview: What Analysts Expect on July 14, 2026
Bank of America is expected to post Q2 revenue of $26.85 billion and EPS of $1.13, while the stock currently trades at $52.45 against a $56.80 average analyst...
Bank of America lends OpenAI $520 million, targeting future IPO role
Bank of America extended a $520 million credit line to OpenAI. This transaction marks the bank's first loan to the artificial intelligence firm. The agreement...
Bank of America eyes Q2 earnings boost, fueled by SpaceX IPO
Bank of America expects a significant boost to second-quarter earnings following a surge in sales and trading. A Reuters analysis identifies the major SpaceX...
Bank of America Added to Oppenheimer's 'Trifecta' Stock List with 'Strong Buy' Rating
Oppenheimer updated its OPCO Trifecta stock list on July 1, 2026. The firm added Bank of America Corp., anticipating a more favorable market environment later...
🟢 BAC is trading 2.1% up today as it rebounds from an Oppenheimer downgrade
BAC is trading 2.1% up at $58.15 as shares rebound from the prior session’s weakness following an Oppenheimer downgrade and late-cycle warning for large U.S....
Bank of America downgraded, Oppenheimer warns of late-cycle risks
Oppenheimer downgraded Bank of America (BAC) from Outperform to Perform. Analyst Chris Kotowski also downgraded Citigroup, Goldman Sachs, and Morgan Stanley as...
🟢 BAC is trading 2.1% up today on value rotation and broader financial sector strength
BAC is trading 2.1% up at $58.92 as investors rotate into value and financial stocks while the Dow outperforms tech-heavy indices. • The upward move appears...
BofA expects 75bps Fed rate hikes, citing hawkish Kevin Warsh
BofA Global Research updated its forecast on Monday, June 22, to project 75 basis points in Federal Reserve interest rate hikes during 2026. Analysts...
Bank of America's Digital Services Restored After Nationwide Outage
Bank of America's digital banking services experienced a nationwide disruption on Saturday, June 20, 2026. Thousands of customers could not access their...
Bank of America Warns of New Price Hikes, Citing Rising Producer Costs
Bank of America warns consumers to prepare for a new wave of price increases. The bank's cautionary analysis follows a sharp rise in the Producer Price Index...
🟢 Bank of America Corp is trading 2.1% up today as financials lift the Dow
Bank of America Corp is trading 2.1% up at $57.02 as the financial sector helps lift the Dow in an otherwise mixed market session. • The move continues a...
Zelle enters India, launches ZLUSD stablecoin for international payments
Early Warning Services (EWS) will expand the Zelle payment network into India later this year. The move targets the U.S.-to-India remittance market, allowing...
Bank of America signals Q2 revenue beat, powered by equities
Bank of America Co-President Jim DeMare expects second-quarter markets revenue growth to exceed the initial 15% forecast. DeMare announced the updated outlook...
🟢 Bank of America Corp is trading 3.1% up today after launching cross-border real-time payments for gig and remittance markets
Bank of America Corp is trading 3.1% up at $54.02 after announcing a new cross-border real-time payments solution targeting gig and remittance markets,...
Bank of America launches instant global payments, targeting gig and remittance markets
Bank of America will launch a cross-border real-time payments solution next quarter. The service targets corporate, commercial, and financial institution...