Bank of America (NYSE:BAC) Stock Price Down 2.5% – What’s Next?

Bank of America Corporation (NYSE:BAC) dropped 2.5% during mid-day trading on Thursday . The company traded as low as $51.79 and last traded at $52.5050. Approximately 55,009,727 shares traded hands during trading, an increase of 35% from the average daily volume of 40,773,801 shares. The stock had previously closed at $53.85.

Trending Headlines about Bank of America

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

• Positive Sentiment: BofA Community Development Banking originated $7.4 billion in debt and equity financing in 2025, supporting 11,000+ affordable housing units and continuing a multi‑year program that improves loan diversification and ESG credentials. BofA Community Development Banking Delivers $7.4 Billion
• Positive Sentiment: Industry commentary at the BofA Securities conference emphasized regulatory risks around a proposed credit-card rate cap — speakers from Citi argued caps would reduce access to credit, an outcome investors view as negative for consumers but potentially supportive of bank margins if caps are avoided. Citi Executive Warns Rate Cap Would Kill Credit
• Neutral Sentiment: BofA research flagged a material oil-market surplus that could pressure energy-linked assets and feed into macro inflation/earnings expectations — relevant for portfolio positioning but indirect for BAC’s core banking earnings. Oil Market Faces 2 Million Barrel-per-Day Surplus
• Neutral Sentiment: Bank of America promoted internal talent and advisor diversity narratives (women advisors, Italian leadership updates) — positive PR that supports long‑term client retention but unlikely to move near‑term stock substantially. Bank Of America Highlights Women Advisors
• Negative Sentiment: Internal BofA data and commentary raised concerns that the middle class is now feeling strain from the K‑shaped economy, amplifying fears about consumer spending, credit quality, and future loan losses. Bank of America’s internal data show the middle class is now feeling the pain
• Negative Sentiment: Recent coverage highlights shifts in analyst narratives and valuation questions—pieces asking whether it’s “too late” to buy BAC and notes on analyst view changes likely pressured sentiment and added to selling. Looking At The Narrative For Bank Of America
• Negative Sentiment: CEO comments and warnings about concentrated tech-stock risks (Magnificent Seven) contributed to a risk‑off tone that can weigh on bank stock multiples if investors rotate out of cyclical/financial exposure. Bank of America CEO drops surprising view on the economy

Wall Street Analyst Weigh In

Several equities research analysts have issued reports on the stock. Dbs Bank raised shares of Bank of America to a “moderate buy” rating in a research note on Wednesday, October 22nd. Citigroup upped their price objective on shares of Bank of America from $58.00 to $62.00 and gave the company a “buy” rating in a research note on Thursday, October 16th. Argus boosted their target price on Bank of America from $58.00 to $59.00 and gave the stock a “buy” rating in a research report on Thursday, January 15th. Ameriprise Financial raised Bank of America to a “buy” rating in a research report on Wednesday, October 22nd. Finally, The Goldman Sachs Group increased their price target on shares of Bank of America from $65.00 to $67.00 and gave the stock a “buy” rating in a research note on Monday, January 26th. Twenty-two research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. According to MarketBeat.com, Bank of America has an average rating of “Moderate Buy” and an average price target of $60.30.

Bank of America Price Performance

The stock has a market cap of $383.42 billion, a price-to-earnings ratio of 13.71, a PEG ratio of 1.35 and a beta of 1.29. The company has a 50 day simple moving average of $54.49 and a 200-day simple moving average of $51.98. The company has a quick ratio of 0.80, a current ratio of 0.80 and a debt-to-equity ratio of 1.15.

Bank of America (NYSE:BAC) last posted its quarterly earnings results on Wednesday, January 14th. The financial services provider reported $0.98 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.96 by $0.02. The business had revenue of $4.53 billion for the quarter, compared to analyst estimates of $27.73 billion. Bank of America had a return on equity of 11.07% and a net margin of 16.23%.The business’s revenue was up 12.3% compared to the same quarter last year. During the same period in the prior year, the company posted $0.82 EPS. As a group, research analysts anticipate that Bank of America Corporation will post 3.7 EPS for the current fiscal year.

Bank of America Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, March 27th. Stockholders of record on Friday, March 6th will be issued a dividend of $0.28 per share. The ex-dividend date of this dividend is Friday, March 6th. This represents a $1.12 annualized dividend and a dividend yield of 2.1%. Bank of America’s dividend payout ratio is 29.24%.

Institutional Investors Weigh In On Bank of America

Several large investors have recently added to or reduced their stakes in BAC. DecisionMap Wealth Management LLC boosted its stake in Bank of America by 4.7% during 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 period. Money Concepts Capital Corp boosted its position in shares of Bank of America by 3.8% during the fourth quarter. Money Concepts Capital Corp now owns 4,964 shares of the financial services provider’s stock worth $273,000 after buying an additional 182 shares during the period. Holistic Financial Partners grew its holdings in Bank of America by 2.4% in the 4th quarter. Holistic Financial Partners now owns 7,896 shares of the financial services provider’s stock worth $434,000 after buying an additional 183 shares in the last quarter. Operose Advisors LLC increased its position in Bank of America by 0.9% in the 4th quarter. Operose Advisors LLC now owns 20,409 shares of the financial services provider’s stock valued at $1,123,000 after acquiring an additional 185 shares during the period. Finally, Asahi Life Asset Management CO. LTD. raised its stake in Bank of America by 1.0% during the 4th quarter. Asahi Life Asset Management CO. LTD. now owns 19,847 shares of the financial services provider’s stock valued at $1,092,000 after acquiring an additional 187 shares in the last quarter. 70.71% of the stock is owned by institutional investors and hedge funds.

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.