Q4 EPS Estimates for Bank of America Cut by Zacks Research

Bank of America Corporation (NYSE:BAC) – Research analysts at Zacks Research cut their Q4 2025 earnings estimates for shares of Bank of America in a note issued to investors on Friday, November 7th. Zacks Research analyst Team now anticipates that the financial services provider will earn $0.95 per share for the quarter, down from their prior estimate of $0.96. 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 Q4 2026 earnings at $1.20 EPS, Q1 2027 earnings at $0.99 EPS, Q2 2027 earnings at $1.19 EPS and FY2027 earnings at $4.92 EPS.

A number of other research analysts have also issued reports on the company. Wells Fargo & Company lifted their target price on Bank of America from $60.00 to $62.00 and gave the stock an “overweight” rating in a report on Monday, October 27th. Piper Sandler raised their price objective on shares of Bank of America from $50.00 to $55.00 and gave the company a “neutral” rating in a research report on Thursday, October 16th. JPMorgan Chase & Co. lifted their price objective on shares of Bank of America from $55.00 to $58.00 and gave the stock an “overweight” rating in a research note on Friday, October 31st. UBS Group increased their target price on shares of Bank of America from $55.00 to $57.00 and gave the company a “buy” rating in a research note on Tuesday, October 7th. Finally, Oppenheimer raised their target price on shares of Bank of America from $56.00 to $57.00 and gave the stock an “outperform” rating in a report on Thursday, October 16th. Twenty-three analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. Based on data from MarketBeat, Bank of America presently has a consensus rating of “Moderate Buy” and a consensus price target of $57.86.

Bank of America Stock Up 0.4%

Shares of BAC stock opened at $53.41 on Monday. Bank of America has a 1 year low of $33.06 and a 1 year high of $53.99. The company has a debt-to-equity ratio of 1.12, a quick ratio of 0.79 and a current ratio of 0.79. The business’s fifty day moving average is $51.38 and its 200-day moving average is $47.73. The stock has a market cap of $390.03 billion, a PE ratio of 14.55, a price-to-earnings-growth ratio of 1.99 and a beta of 1.34.

Bank of America (NYSE:BAC) last posted its quarterly earnings data on Wednesday, October 15th. The financial services provider reported $1.06 EPS for the quarter, beating analysts’ consensus estimates of $0.93 by $0.13. The business had revenue of $28.09 billion for the quarter, compared to analyst estimates of $27.05 billion. Bank of America had a net margin of 15.70% and a return on equity of 10.76%. The business’s revenue for the quarter was up 10.8% on a year-over-year basis. During the same quarter last year, the business earned $0.81 earnings per share.

Institutional Investors Weigh In On Bank of America

Several hedge funds have recently made changes to their positions in the company. Boston Common Asset Management LLC increased its position in shares of Bank of America by 10.5% in the 2nd quarter. Boston Common Asset Management LLC now owns 259,680 shares of the financial services provider’s stock valued at $12,288,000 after buying an additional 24,740 shares in the last quarter. Disciplined Investments LLC bought a new position in Bank of America during the second quarter worth about $217,000. Nicholas Hoffman & Company LLC. grew its stake in 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 valued at $2,589,000 after acquiring an additional 33,963 shares during the period. Sunbeam Capital Management LLC increased its holdings in shares of Bank of America by 7.3% in the second quarter. Sunbeam Capital Management LLC now owns 6,476 shares of the financial services provider’s stock worth $306,000 after acquiring an additional 439 shares in the last quarter. Finally, CCG Wealth Management LLC acquired a new stake in shares of Bank of America during the second quarter worth about $287,000. Hedge funds and other institutional investors own 70.71% of the company’s stock.

Bank of America declared that its board has authorized a stock buyback plan on Wednesday, July 23rd that allows the company to buyback $40.00 billion in outstanding shares. This buyback authorization allows the financial services provider to reacquire up to 11.1% of its stock through open market purchases. Stock buyback plans are often a sign that the company’s board of directors believes its stock is undervalued.

Bank of America Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, December 26th. Stockholders of record on Friday, December 5th will be given a $0.28 dividend. This represents a $1.12 annualized dividend and a dividend yield of 2.1%. The ex-dividend date of this dividend is Friday, December 5th. Bank of America’s dividend payout ratio (DPR) is 30.52%.

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.