From Barchart: 2025-06-04 07:52:00

Fitch Ratings reaffirmed Bank of America Corporation’s Long‐Term IDR at AA‐ and Short‐Term IDR at F1+ on June 3, 2025. Bank of America, N.A.’s IDRs were also maintained at AA and F1+, with a stable outlook. Factors driving this decision include market leadership, diversification, and prudent risk management.

Bank of America’s Viability Rating of aa‐ reflects its core strengths in consumer banking, wealth management, and corporate finance. With leading market shares in key segments and a balanced revenue mix, BofA has the ability to navigate economic downturns effectively.

BofA’s resilience is underpinned by its capital and liquidity discipline. With double leverage below 120 percent and prudent liquidity management, the bank can withstand short-term volatility and funding shocks, reducing stress on its balance sheet.

Improvements in BofA’s asset quality have stabilized its credit metrics. Lower net charge-offs in Q1 2025, driven by commercial real estate loans, and stable loan-loss reserves indicate cautious management of credit exposures, reducing earnings volatility.

Investors can monitor BofA’s financial ratios, credit ratings, and ESG scores using APIs. Tracking metrics like return on assets and net charge-off ratio can validate asset quality improvements and help make informed investment decisions.

Key takeaways from Fitch’s affirmation include BofA’s strong business mix, asset quality stabilization, and stable outlook. By staying informed on BofA’s credit profile through APIs, investors can track key metrics, benchmark against peers, and make data-driven decisions for their portfolios.



Read more at Barchart:: Bank of America’s Credit Rating Confirmed by Fitch