Bank of America (BAC) to Release Earnings on Monday

Bank of America (NYSE:BAC) will likely be releasing its Q2 2025 earnings data before the market opens on Monday, July 14th. Analysts expect the company to announce earnings of $0.89 per share and revenue of $26.79 billion for the quarter.

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, topping analysts’ consensus estimates of $0.80 by $0.10. Bank of America had a net margin of 14.56% and a return on equity of 10.25%. The firm had revenue of $27.37 billion for the quarter, compared to analyst estimates of $26.83 billion. On average, analysts expect Bank of America to post $4 EPS for the current fiscal year and $4 EPS for the next fiscal year.

Bank of America Stock Performance

Shares of NYSE:BAC opened at $48.94 on Monday. The company’s 50 day moving average price is $44.28 and its two-hundred day moving average price is $43.44. Bank of America has a 12-month low of $33.07 and a 12-month high of $49.31. The company has a quick ratio of 0.78, a current ratio of 0.79 and a debt-to-equity ratio of 1.11. The firm has a market cap of $368.61 billion, a PE ratio of 14.57, a PEG ratio of 1.33 and a beta of 1.30.

Bank of America Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, June 27th. Stockholders of record on Friday, June 6th were issued a dividend of $0.26 per share. This represents a $1.04 dividend on an annualized basis and a dividend yield of 2.13%. The ex-dividend date was Friday, June 6th. Bank of America’s dividend payout ratio (DPR) is presently 30.95%.

Wall Street Analyst Weigh In

Several brokerages recently commented on BAC. TD Cowen began coverage on shares of Bank of America in a research note on Thursday, May 15th. They issued a “buy” rating and a $53.00 price objective for the company. Barclays decreased their price objective on shares of Bank of America from $58.00 to $54.00 and set an “overweight” rating for the company in a research report on Wednesday, April 16th. The Goldman Sachs Group raised their price target on shares of Bank of America from $46.00 to $52.00 and gave the stock a “buy” rating in a report on Tuesday, June 10th. Robert W. Baird reaffirmed a “neutral” rating and issued a $52.00 price objective on shares of Bank of America in a research note on Friday, June 27th. Finally, Morgan Stanley raised their price objective on shares of Bank of America from $47.00 to $49.00 and gave the company an “overweight” rating in a research note on Monday, June 23rd. Two research analysts have rated the stock with a sell rating, five have assigned a hold rating, eighteen have given a buy rating and two have issued a strong buy rating to the stock. According to MarketBeat.com, Bank of America currently has an average rating of “Moderate Buy” and an average target price of $48.28.

Hedge Funds Weigh In On Bank of America

A hedge fund recently raised its stake in Bank of America stock. Brighton Jones LLC boosted its position in shares of Bank of America Corporation (NYSE:BAC) by 30.0% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 108,872 shares of the financial services provider’s stock after acquiring an additional 25,143 shares during the period. Brighton Jones LLC’s holdings in Bank of America were worth $4,785,000 as of its most recent SEC filing. Institutional investors own 70.71% of the company’s stock.

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.