Brokers Offer Predictions for Bank of America Q2 Earnings

Bank of America Co. (NYSE:BAC) – Zacks Research reduced their Q2 2025 earnings per share (EPS) estimates for Bank of America in a research note issued on Tuesday, May 6th. Zacks Research analyst R. Department now expects that the financial services provider will earn $0.88 per share for the quarter, down from their previous estimate of $0.91. The consensus estimate for Bank of America’s current full-year earnings is $3.70 per share. Zacks Research also issued estimates for Bank of America’s Q3 2025 earnings at $0.92 EPS, Q1 2026 earnings at $0.92 EPS and Q2 2026 earnings at $1.00 EPS.

BAC has been the topic of a number of other research reports. Evercore ISI dropped their price objective on 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. Morgan Stanley upped their price target on shares of Bank of America from $54.00 to $56.00 and gave the company an “equal weight” rating in a report on Friday, January 17th. Keefe, Bruyette & Woods lowered their price objective on shares of Bank of America from $55.00 to $52.00 and set an “outperform” rating on the stock in a research note on Wednesday, April 16th. Barclays cut their target price on shares of Bank of America from $58.00 to $54.00 and set an “overweight” rating for the company in a research note on Wednesday, April 16th. Finally, UBS Group lifted their price target on shares of Bank of America from $46.00 to $50.00 and gave the stock a “buy” rating in a research report on Wednesday, April 16th. One analyst has rated the stock with a sell rating, six have assigned a hold rating, fifteen have given a buy rating and four have assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $47.25.

Bank of America Price Performance

Shares of NYSE:BAC opened at $41.85 on Thursday. The stock has a market cap of $315.21 billion, a price-to-earnings ratio of 13.00, a PEG ratio of 1.21 and a beta of 1.27. The company has a debt-to-equity ratio of 1.04, a current ratio of 0.78 and a quick ratio of 0.78. Bank of America has a 12 month low of $33.07 and a 12 month high of $48.08. The stock’s 50 day moving average price is $39.69 and its 200 day moving average price is $43.48.

Bank of America (NYSE:BAC) last announced its earnings results on Tuesday, April 15th. The financial services provider reported $0.90 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.80 by $0.10. The firm had revenue of $27.37 billion during the quarter, compared to analyst estimates of $26.83 billion. Bank of America had a net margin of 14.10% and a return on equity of 10.29%.

Bank of America Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, June 27th. Investors of record on Friday, June 6th will be given a dividend of $0.26 per share. This represents a $1.04 annualized dividend and a yield of 2.49%. The ex-dividend date is Friday, June 6th. Bank of America’s payout ratio is presently 30.95%.

Institutional Trading of Bank of America

Several large investors have recently added to or reduced their stakes in BAC. Deutsche Bank AG increased its holdings in shares of Bank of America by 45.1% during the 1st quarter. Deutsche Bank AG now owns 48,112,090 shares of the financial services provider’s stock valued at $2,007,718,000 after acquiring an additional 14,960,086 shares during the last quarter. Evolution Wealth Advisors LLC bought a new stake in Bank of America during the first quarter worth approximately $829,000. ASR Vermogensbeheer N.V. acquired a new position in Bank of America during the first quarter valued at approximately $31,180,000. Nicholas Hoffman & Company LLC. lifted its stake in shares of Bank of America by 121.0% in the first quarter. Nicholas Hoffman & Company LLC. now owns 62,041 shares of the financial services provider’s stock worth $2,589,000 after buying an additional 33,963 shares during the last quarter. Finally, WealthShield Partners LLC boosted its holdings in shares of Bank of America by 120.9% during the 1st quarter. WealthShield Partners LLC now owns 15,959 shares of the financial services provider’s stock worth $666,000 after buying an additional 8,734 shares during the period. 70.71% of the stock is owned by institutional investors.

About Bank of America

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.