Courier Capital LLC boosted its holdings in shares of Bank of America Corporation (NYSE:BAC – Free Report) by 10.9% in the third quarter, according to its most recent filing with the SEC. The firm owned 186,980 shares of the financial services provider’s stock after acquiring an additional 18,377 shares during the period. Courier Capital LLC’s holdings in Bank of America were worth $9,646,000 as of its most recent filing with the SEC.
A number of other large investors also recently made changes to their positions in the stock. Albion Financial Group UT lifted its stake in Bank of America by 1.6% in the third quarter. Albion Financial Group UT now owns 13,031 shares of the financial services provider’s stock valued at $672,000 after buying an additional 205 shares during the period. Motive Wealth Advisors raised its position in shares of Bank of America by 3.6% in the 3rd quarter. Motive Wealth Advisors now owns 5,910 shares of the financial services provider’s stock valued at $305,000 after acquiring an additional 205 shares during the period. Howard Financial Services LTD. boosted its stake in Bank of America by 2.5% during the 3rd quarter. Howard Financial Services LTD. now owns 8,508 shares of the financial services provider’s stock worth $439,000 after acquiring an additional 205 shares during the last quarter. Wynn Capital LLC grew its holdings in Bank of America by 0.4% during the third quarter. Wynn Capital LLC now owns 47,063 shares of the financial services provider’s stock valued at $2,428,000 after purchasing an additional 207 shares during the period. Finally, Accelerate Investment Advisors LLC grew its holdings in Bank of America by 4.7% during the third quarter. Accelerate Investment Advisors LLC now owns 4,637 shares of the financial services provider’s stock valued at $239,000 after purchasing an additional 207 shares during the period. Institutional investors and hedge funds own 70.71% of the company’s stock.
Bank of America Stock Up 0.8%
BAC stock opened at $53.02 on Monday. The company has a debt-to-equity ratio of 1.15, a current ratio of 0.80 and a quick ratio of 0.79. The stock has a market capitalization of $387.18 billion, a P/E ratio of 13.84 and a beta of 1.29. Bank of America Corporation has a fifty-two week low of $33.06 and a fifty-two week high of $57.55. The business has a 50-day moving average of $54.17 and a 200-day moving average of $51.24.
Bank of America Announces Dividend
The firm also recently declared a quarterly dividend, which was paid on Friday, December 26th. Shareholders of record on Friday, December 5th were paid a $0.28 dividend. This represents a $1.12 annualized dividend and a yield of 2.1%. The ex-dividend date was Friday, December 5th. Bank of America’s payout ratio is presently 29.24%.
Key Stories Impacting Bank of America
Here are the key news stories impacting Bank of America this week:
- Positive Sentiment: Q4 results showed broad strength — beats on EPS and revenue driven by net interest income (NII) and Global Markets; management reiterated NII growth for 2026, underpinning earnings momentum. Bank Of America: Buy The Pullback On NII Strength
- Positive Sentiment: Several Wall Street firms raised or reaffirmed targets/ratings after the quarter (Goldman Sachs and Argus among them), reflecting analyst confidence in BAC’s earnings power and valuation upside. Goldman Raises Target on BAC Argus Raises Target on BAC
- Positive Sentiment: Independent research and brokerages remain broadly bullish — Evercore ISI and others have kept Outperform/Buy stances and price targets above current levels, which supports medium‑term upside expectations. Evercore ISI Remains Bullish on BAC (InsiderMonkey)
- Neutral Sentiment: Board declared regular preferred‑stock dividend payments for multiple series (routine cash distributions for preferred/depositary shareholders); this affects preferred holders more than common equity. Bank of America Declares Preferred Stock Dividends (PR Newswire)
- Neutral Sentiment: BofA’s research desk published sector calls (e.g., 3 metals names to watch), which highlights the bank’s franchise strength in research but has limited direct impact on BAC’s stock performance. 3 Metals Stocks Bank of America Is Bullish on for 2026
- Negative Sentiment: CEO warnings about interest‑bearing stablecoins potentially pulling up to $6T from bank deposits raise medium‑term funding and lending risks — a structural threat that could increase funding costs and reduce loanable deposits if regulation permits yield‑paying crypto products. Bank of America CEO warns stablecoins could pull $6T (Cointelegraph)
- Negative Sentiment: Political/regulatory headlines — proposals to cap credit‑card interest rates (reported in recent coverage) have pressured bank sector multiples and prompted short‑term selloffs despite solid fundamentals. This macro/policy overhang is a key reason some investors sold into the earnings news. Bank Stocks Get Punished After Earnings—Is Valuation the Real Problem? (MarketBeat)
Analysts Set New Price Targets
Several equities research analysts have weighed in on BAC shares. Robert W. Baird increased their target price on shares of Bank of America from $52.00 to $56.00 and gave the stock a “neutral” rating in a report on Thursday, October 30th. CICC Research started coverage on Bank of America in a report on Wednesday, January 14th. They set an “outperform” rating and a $62.00 target price on the stock. Dbs Bank raised Bank of America to a “moderate buy” rating in a research note on Wednesday, October 22nd. Argus raised their price target on Bank of America from $58.00 to $59.00 and gave the stock a “buy” rating in a research report on Thursday. Finally, Deutsche Bank Aktiengesellschaft lifted their price objective on Bank of America from $56.00 to $58.00 and gave the company a “buy” rating in a report on Tuesday, September 30th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-four have assigned a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $59.74.
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.
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