Bank of America expected to report earnings growth, analysts optimistic about stock

From Yahoo Finance: 2025-06-27 04:48:00

Bank of America Corp. (BAC) is set to report fiscal 2025 Q2 earnings, expected to be $0.89 per share, up 7.2% from the year-ago quarter. Analysts predict a profit of $3.69 for fiscal 2025, a 12.5% increase from the previous year, with EPS projected to grow by 16.3% in fiscal 2026.

BAC has seen a 21.7% surge in the past year, outperforming the S&P 500 but falling short of the Financial Select Sector SPDR Fund. Recent reports of U.S. regulators potentially easing capital rules on banks’ Treasury trading activities led to a more than 1% rise in Bank of America shares on June 18.

Wall Street analysts are optimistic about BAC’s stock, with an overall “Strong Buy” rating. Of 24 analysts covering the stock, 18 recommend “Strong Buy,” five suggest “Moderate Buy,” and one advises “Hold.” The average analyst price target of $50.06 indicates a potential 5.5% upside from current levels.



Read more at Yahoo Finance: What to Expect From Bank of America’s Report