Xponance LLC Buys 47,809 Shares of Bank of America Corporation $BAC

Posted by Mark Dietrich on Jun 12th, 2026

Xponance LLC increased its stake in shares of Bank of America Corporation (NYSE:BAC) by 4.5% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,107,166 shares of the financial services provider’s stock after buying an additional 47,809 shares during the quarter. Bank of America accounts for about 0.5% of Xponance LLC’s investment portfolio, making the stock its 28th largest position. Xponance LLC’s holdings in Bank of America were worth $60,894,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also modified their holdings of the company. Legacy Bridge LLC raised its position in Bank of America by 182.3% in the 4th quarter. Legacy Bridge LLC now owns 511 shares of the financial services provider’s stock valued at $28,000 after purchasing an additional 330 shares during the last quarter. Wiser Advisor Group LLC acquired a new stake in shares of Bank of America in the 3rd quarter valued at $27,000. Joseph Group Capital Management acquired a new stake in shares of Bank of America in the 4th quarter valued at $32,000. HFM Investment Advisors LLC increased its stake in shares of Bank of America by 566.0% in the 4th quarter. HFM Investment Advisors LLC now owns 626 shares of the financial services provider’s stock valued at $34,000 after buying an additional 532 shares during the period. Finally, Coston McIsaac & Partners increased its stake in shares of Bank of America by 90.2% in the 4th quarter. Coston McIsaac & Partners now owns 662 shares of the financial services provider’s stock valued at $36,000 after buying an additional 314 shares during the period. Institutional investors own 70.71% of the company’s stock.

Bank of America Stock Up 1.1%

Shares of Bank of America stock opened at $55.17 on Friday. The company has a quick ratio of 0.81, a current ratio of 0.81 and a debt-to-equity ratio of 1.18. Bank of America Corporation has a 12 month low of $43.66 and a 12 month high of $57.55. The business has a fifty day simple moving average of $52.16 and a 200 day simple moving average of $52.39. The stock has a market cap of $391.48 billion, a PE ratio of 13.65, a price-to-earnings-growth ratio of 0.92 and a beta of 1.18.

Bank of America (NYSE:BAC – Get Free Report) last announced its quarterly earnings data on Wednesday, April 15th. The financial services provider reported $1.11 EPS for the quarter, topping analysts’ consensus estimates of $1.00 by $0.11. Bank of America had a return on equity of 11.49% and a net margin of 16.78%.The business had revenue of $30.27 billion during the quarter, compared to analysts’ expectations of $29.72 billion. During the same period in the previous year, the firm earned $0.90 earnings per share. The firm’s quarterly revenue was up 10.7% compared to the same quarter last year. Research analysts predict that Bank of America Corporation will post 4.45 EPS for the current year.

Bank of America Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, June 26th. Investors of record on Friday, June 5th will be paid a dividend of $0.28 per share. The ex-dividend date of this dividend is Friday, June 5th. This represents a $1.12 dividend on an annualized basis and a dividend yield of 2.0%. Bank of America’s payout ratio is 27.72%.

Insider Activity at Bank of America

In related news, insider Geoffrey S. Greener sold 126,756 shares of Bank of America stock in a transaction on Tuesday, May 5th. The stock was sold at an average price of $53.01, for a total transaction of $6,719,335.56. Following the completion of the sale, the insider directly owned 1,373,397 shares of the company’s stock, valued at $72,803,774.97. The trade was a 8.45% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 0.27% of the stock is currently owned by company insiders.

Trending Headlines about Bank of America

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

Positive Sentiment: Bank of America announced new client-focused product offerings, including real-time global payments, pay-over-time options, expanded rewards, and credit monitoring tools. These moves could support fee income, improve client retention, and deepen customer relationships over time. Bank of America Introduces New Ways to Reward Clients, Manage Payments and Track Credit
Positive Sentiment: Several analysts and market commentators pointed to bullish signs for Bank of America, including a report that Erste Group raised FY2027 earnings estimates and articles noting the stock’s technical strength after a “golden cross.” Higher earnings expectations and favorable chart signals can support sentiment. Bank of America estimate update
Neutral Sentiment: Bank of America also declared regular preferred stock dividends payable in July and August, a routine capital-return update that is supportive of income investors but not likely a major driver of the common stock on its own. Bank of America Declares Preferred Stock Dividends Payable in July and August 2026
Negative Sentiment: The biggest overhang is a reported DOJ subpoena tied to an investigation into alleged “debanking,” which could raise legal, compliance, and reputational risks for Bank of America and other major banks. That headline may be weighing on the shares. US Justice Department subpoenas major banks over alleged ‘debanking’, WSJ reports
Negative Sentiment: Separately, BofA’s own recent market warning comments about elevated risk signals and profit-taking caution may be interpreted as a bearish read on broader equities, which can soften sentiment toward BAC even if the comments were aimed at the wider market. Bank of America told investors to ‘take profits.’ Then the Nasdaq fell 7%

Wall Street Analyst Weigh In

Several research firms have recently commented on BAC. Truist Financial lifted their target price on Bank of America from $57.00 to $61.00 and gave the company a “buy” rating in a research note on Thursday, April 16th. JPMorgan Chase & Co. lowered their target price on Bank of America from $61.50 to $57.50 and set an “overweight” rating for the company in a research note on Tuesday, April 7th. Jefferies Financial Group lifted their target price on Bank of America from $60.00 to $65.00 and gave the company a “buy” rating in a research note on Thursday, April 16th. The Goldman Sachs Group lifted their target price on Bank of America from $58.00 to $63.00 and gave the company a “buy” rating in a research note on Thursday, April 16th. Finally, HSBC lifted their target price on Bank of America from $55.00 to $60.00 and gave the company a “buy” rating in a research note on Thursday, April 16th. Twenty-two equities research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $61.06.

View Our Latest Stock Report on BAC

About Bank of America

(Free Report)

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.