Bank of America (NYSE:BAC) Stock Price Down 1.3% – Here’s Why

Bank of America Corporation (NYSE:BAC)’s stock price was down 1.3% on Tuesday . The stock traded as low as $54.30 and last traded at $54.4740. Approximately 43,253,084 shares traded hands during trading, an increase of 18% from the average daily volume of 36,733,820 shares. The stock had previously closed at $55.19.

Trending Headlines about Bank of America

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

• Positive Sentiment: Analysts expect another potential earnings beat — BAC has a strong history of surpassing estimates and recent previews (stable net interest income, improved trading/IB fees) support upside to Q4 results, a near-term positive catalyst if confirmed. Why Bank of America (BAC) Could Beat Earnings Estimates Again
• Positive Sentiment: Short interest dropped materially in December (down ~21%), reducing one element of downside pressure and signaling fewer active bearish bets against BAC shares — this can support the stock if fundamentals stay intact.
• Neutral Sentiment: Bank of America research flags structural opportunities (AI-driven bond issuance and other IB market themes) that could boost fee revenue over time; these are medium-term positives but not immediate offsets to today’s selling. AI Bond Sales Could Hit $300 Billion a Year, Bank of America Says
• Neutral Sentiment: Wall Street preview coverage and analyst forecast updates ahead of BAC’s Q4 print have highlighted both upside (trading, fee stability) and areas to watch (loan growth guidance); upcoming results/guidance will likely dictate next leg of the move. Bank of America Gears Up For Q4 Print; Here Are The Recent Forecast Changes From Wall Street’s Most Accurate Analysts
• Negative Sentiment: Political/regulatory risk: President Trump’s proposal to cap credit-card interest rates at 10% triggered broad selling across big banks because a low cap would materially compress card/net interest margins and could reduce consumer lending availability, creating clear near-term downside risk for BAC’s consumer finance franchise. Markets reacted to these headlines today. Banks warn consumers will be hurt by Trump’s 10% cap on credit card interest rates

Analyst Ratings Changes

A number of analysts recently issued reports on BAC shares. Hsbc Global Res upgraded Bank of America from a “hold” rating to a “strong-buy” rating in a report on Wednesday, January 7th. Wells Fargo & Company raised their price target on Bank of America from $62.00 to $65.00 and gave the company an “overweight” rating in a research note on Monday, January 5th. Piper Sandler lifted their price objective on Bank of America from $55.00 to $56.00 and gave the company a “neutral” rating in a report on Thursday, December 11th. Daiwa Capital Markets increased their target price on shares of Bank of America from $54.00 to $58.00 and gave the stock an “outperform” rating in a report on Wednesday, October 8th. Finally, Argus raised their target price on shares of Bank of America from $53.00 to $58.00 in a research report on Friday, October 17th. One investment analyst has rated the stock with a Strong Buy rating, twenty-three have given a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat, Bank of America presently has an average rating of “Moderate Buy” and an average price target of $59.82.

Bank of America Price Performance

The company has a market cap of $397.80 billion, a PE ratio of 14.84 and a beta of 1.29. The firm has a 50 day simple moving average of $54.17 and a 200-day simple moving average of $51.09. The company has a quick ratio of 0.79, a current ratio of 0.79 and a debt-to-equity ratio of 1.12.

Bank of America (NYSE:BAC) last issued its quarterly earnings data on Wednesday, October 15th. The financial services provider reported $1.06 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.93 by $0.13. The firm had revenue of $5.35 billion for the quarter, compared to the consensus estimate of $27.05 billion. Bank of America had a net margin of 15.70% and a return on equity of 10.76%. The company’s quarterly revenue was up 10.8% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.81 EPS. As a group, research analysts predict that Bank of America Corporation will post 3.7 earnings per share for the current fiscal year.

Bank of America Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, December 26th. Investors of record on Friday, December 5th were paid a dividend of $0.28 per share. This represents a $1.12 annualized dividend and a yield of 2.1%. The ex-dividend date was Friday, December 5th. Bank of America’s payout ratio is 30.52%.

Institutional Investors Weigh In On Bank of America

Institutional investors have recently added to or reduced their stakes in the business. DecisionMap Wealth Management LLC raised its position in shares of Bank of America by 4.7% in the 4th quarter. DecisionMap Wealth Management LLC now owns 4,061 shares of the financial services provider’s stock valued at $223,000 after purchasing an additional 182 shares during the last quarter. Holistic Financial Partners increased its stake in Bank of America by 2.4% during the 4th quarter. Holistic Financial Partners now owns 7,896 shares of the financial services provider’s stock valued at $434,000 after purchasing an additional 183 shares in the last quarter. Riverview Capital Advisers LLC increased its stake in Bank of America by 4.2% during the 3rd quarter. Riverview Capital Advisers LLC now owns 4,686 shares of the financial services provider’s stock valued at $242,000 after purchasing an additional 188 shares in the last quarter. Shepherd Financial Partners LLC raised its holdings in shares of Bank of America by 0.3% in the third quarter. Shepherd Financial Partners LLC now owns 60,279 shares of the financial services provider’s stock worth $3,110,000 after buying an additional 189 shares during the last quarter. Finally, William B. Walkup & Associates Inc. lifted its stake in shares of Bank of America by 1.4% during the third quarter. William B. Walkup & Associates Inc. now owns 14,020 shares of the financial services provider’s stock worth $723,000 after buying an additional 192 shares during the period. Institutional investors and hedge funds own 70.71% of the company’s stock.

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.