Q2 2025 EPS Estimates for Bank of America Co. (NYSE:BAC) Boosted by Seaport Res Ptn

Bank of America Co. (NYSE:BAC) – Analysts at Seaport Res Ptn boosted their Q2 2025 EPS estimates for Bank of America in a report released on Wednesday, April 17th. Seaport Res Ptn analyst J. Mitchell now expects that the financial services provider will post earnings of $0.89 per share for the quarter, up from their previous estimate of $0.87. The consensus estimate for Bank of America’s current full-year earnings is $3.16 per share.

A number of other research firms have also commented on BAC. Odeon Capital Group lowered shares of Bank of America from a “buy” rating to a “hold” rating and set a $33.90 price objective for the company. in a research note on Tuesday, January 16th. Evercore ISI lifted their price objective on shares of Bank of America from $37.00 to $41.00 and gave the stock an “outperform” rating in a research report on Thursday, April 4th. Erste Group Bank upgraded Bank of America from a “hold” rating to a “buy” rating in a report on Wednesday, April 3rd. BMO Capital Markets lifted their price target on Bank of America from $36.00 to $37.00 and gave the company a “market perform” rating in a report on Thursday. Finally, Barclays raised their price target on shares of Bank of America from $39.00 to $43.00 and gave the stock an “overweight” rating in a report on Tuesday, January 2nd. One equities research analyst has rated the stock with a sell rating, eight have given a hold rating and nine have issued a buy rating to the company. According to MarketBeat.com, Bank of America has an average rating of “Hold” and a consensus target price of $38.53.

Bank of America Trading Up 1.5 %

NYSE:BAC opened at $35.77 on Friday. The stock has a fifty day simple moving average of $35.61 and a 200 day simple moving average of $32.24. The firm has a market capitalization of $282.25 billion, a price-to-earnings ratio of 12.38, a price-to-earnings-growth ratio of 1.59 and a beta of 1.39. Bank of America has a 1-year low of $24.96 and a 1-year high of $38.35. The company has a quick ratio of 0.80, a current ratio of 0.79 and a debt-to-equity ratio of 1.12.

Bank of America (NYSE:BAC) last released its quarterly earnings data on Tuesday, April 16th. The financial services provider reported $0.83 earnings per share for the quarter, topping the consensus estimate of $0.77 by $0.06. The business had revenue of $25.82 billion during the quarter, compared to analyst estimates of $25.49 billion. Bank of America had a return on equity of 10.88% and a net margin of 13.94%. The company’s revenue was down 1.7% compared to the same quarter last year. During the same period last year, the company posted $0.94 EPS.

Bank of America Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 29th. Investors of record on Friday, March 1st were issued a dividend of $0.24 per share. This represents a $0.96 annualized dividend and a dividend yield of 2.68%. The ex-dividend date of this dividend was Thursday, February 29th. Bank of America’s dividend payout ratio is currently 33.22%.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Moneta Group Investment Advisors LLC increased its stake in shares of Bank of America by 108,111.3% in the fourth quarter. Moneta Group Investment Advisors LLC now owns 193,168,025 shares of the financial services provider’s stock worth $6,397,725,000 after purchasing an additional 192,989,515 shares during the period. Norges Bank acquired a new position in shares of Bank of America during the fourth quarter worth approximately $3,734,407,000. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main boosted its position in shares of Bank of America by 360.9% in the fourth quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main now owns 37,290,357 shares of the financial services provider’s stock valued at $1,255,514,000 after acquiring an additional 29,198,846 shares during the period. Barclays PLC grew its stake in shares of Bank of America by 97.3% in the third quarter. Barclays PLC now owns 41,290,694 shares of the financial services provider’s stock worth $1,130,538,000 after acquiring an additional 20,362,295 shares during the last quarter. Finally, Snider Financial Group grew its stake in shares of Bank of America by 9,477.3% in the first quarter. Snider Financial Group now owns 14,448,357 shares of the financial services provider’s stock worth $5,956,000 after acquiring an additional 14,297,496 shares during the last quarter. 70.71% of the stock is currently owned by institutional investors and hedge funds.

Bank of America Company Profile

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.