Analysts Offer Predictions for Bank of America Q2 Earnings

Bank of America Co. (NYSE:BAC - Free Report) - Investment analysts at Seaport Res Ptn cut their Q2 2025 earnings per share estimates for Bank of America in a research note issued on Tuesday, April 15th. Seaport Res Ptn analyst J. Mitchell now anticipates that the financial services provider will post earnings per share of $0.88 for the quarter, down from their previous estimate 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 released its quarterly earnings results on Tuesday, April 15th. The financial services provider reported $0.90 EPS for the quarter, beating the consensus estimate of $0.80 by $0.10. Bank of America had a net margin of 14.10% and a return on equity of 10.29%. The company had revenue of $27.37 billion for the quarter, compared to analyst estimates of $26.83 billion.

Several other analysts have also recently issued reports on the stock. Royal Bank of Canada dropped their price objective on shares of Bank of America from $50.00 to $45.00 and set an "outperform" rating for the company in a research note on Wednesday. Barclays reduced their price objective on Bank of America from $58.00 to $54.00 and set an "overweight" rating on the stock in a research report on Wednesday. Citigroup cut their target price on Bank of America from $54.00 to $50.00 and set a "buy" rating for the company in a research note on Monday, March 24th. Evercore ISI reduced their target price 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. Finally, Oppenheimer lifted their price target on shares of Bank of America from $54.00 to $55.00 and gave the company an "outperform" rating in a research report on Friday, January 17th. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating, seventeen have given a buy rating and three have assigned a strong buy rating to the company's stock. According to MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $47.20.

Bank of America Price Performance

Shares of NYSE BAC traded up $0.11 during trading on Thursday, hitting $37.44. The company had a trading volume of 47,052,978 shares, compared to its average volume of 39,127,145. Bank of America has a fifty-two week low of $33.07 and a fifty-two week high of $48.08. The company has a quick ratio of 0.78, a current ratio of 0.78 and a debt-to-equity ratio of 1.04. The stock has a fifty day simple moving average of $41.27 and a two-hundred day simple moving average of $43.59. The firm has a market capitalization of $284.65 billion, a price-to-earnings ratio of 11.63, a price-to-earnings-growth ratio of 1.21 and a beta of 1.24.

Bank of America Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 28th. Shareholders of record on Friday, March 7th were issued a $0.26 dividend. This represents a $1.04 dividend on an annualized basis and a yield of 2.78%. The ex-dividend date was Friday, March 7th. Bank of America's dividend payout ratio is presently 30.95%.

Institutional Trading of Bank of America

Hedge funds have recently modified their holdings of the business. Wolf Group Capital Advisors purchased a new position in Bank of America in the first quarter worth $380,000. Lion Street Advisors LLC lifted its stake in shares of Bank of America by 1.6% in the first quarter. Lion Street Advisors LLC now owns 17,348 shares of the financial services provider's stock valued at $724,000 after purchasing an additional 270 shares during the period. Shepherd Financial Partners LLC grew its position in Bank of America by 3.5% during the first quarter. Shepherd Financial Partners LLC now owns 40,514 shares of the financial services provider's stock worth $1,691,000 after buying an additional 1,380 shares during the period. Clarius Group LLC boosted its stake in shares of Bank of America by 28.5% during the 1st quarter. Clarius Group LLC now owns 81,715 shares of the financial services provider's stock worth $3,410,000 after acquiring an additional 18,137 shares in the last quarter. Finally, Prosperity Wealth Management Inc. acquired a new stake in shares of Bank of America in the 1st quarter worth approximately $998,000. 70.71% of the stock is owned by institutional investors and hedge funds.

Bank of America Company Profile

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.