Bank of America Q2 EPS Forecast Boosted by Zacks Research

Bank of America Co. (NYSE:BAC) – Equities researchers at Zacks Research boosted their Q2 2025 earnings per share estimates for Bank of America in a report released on Tuesday, December 17th. Zacks Research analyst R. Department now anticipates that the financial services provider will earn $0.88 per share for the quarter, up from their prior forecast of $0.87. The consensus estimate for Bank of America’s current full-year earnings is $3.27 per share. Zacks Research also issued estimates for Bank of America’s Q4 2025 earnings at $0.95 EPS, FY2025 earnings at $3.49 EPS, Q2 2026 earnings at $0.96 EPS and FY2026 earnings at $3.89 EPS.

Bank of America (NYSE:BAC) last issued its quarterly earnings data on Tuesday, October 15th. The financial services provider reported $0.81 earnings per share for the quarter, topping analysts’ consensus estimates of $0.78 by $0.03. The business had revenue of $25.30 billion during the quarter, compared to analysts’ expectations of $25.25 billion. Bank of America had a net margin of 12.48% and a return on equity of 10.09%. Bank of America’s revenue for the quarter was up .4% on a year-over-year basis. During the same period in the previous year, the company earned $0.90 earnings per share.

Several other equities analysts have also recently weighed in on BAC. Citigroup raised Bank of America from a “neutral” rating to a “buy” rating and boosted their price objective for the stock from $46.00 to $54.00 in a research report on Friday, November 8th. StockNews.com raised Bank of America from a “sell” rating to a “hold” rating in a research report on Wednesday, October 16th. Keefe, Bruyette & Woods raised their price objective on shares of Bank of America from $50.00 to $57.00 and gave the stock an “outperform” rating in a research note on Tuesday, December 3rd. Barclays upped their target price on shares of Bank of America from $49.00 to $53.00 and gave the company an “overweight” rating in a research note on Wednesday, October 16th. Finally, Deutsche Bank Aktiengesellschaft upgraded shares of Bank of America from a “hold” rating to a “buy” rating and set a $45.00 price target on the stock in a research report on Tuesday, September 3rd. One research analyst has rated the stock with a sell rating, nine have issued a hold rating, twelve have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $45.92.

Bank of America Stock Down 3.4 %

BAC stock opened at $43.50 on Thursday. The stock has a market capitalization of $333.77 billion, a price-to-earnings ratio of 15.82, a price-to-earnings-growth ratio of 1.55 and a beta of 1.33. The company has a 50-day moving average of $44.67 and a two-hundred day moving average of $41.61. Bank of America has a 52-week low of $31.27 and a 52-week high of $48.08. The company has a debt-to-equity ratio of 1.09, a current ratio of 0.80 and a quick ratio of 0.80.

Bank of America Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, December 27th. Investors of record on Friday, December 6th will be paid a $0.26 dividend. This represents a $1.04 annualized dividend and a yield of 2.39%. The ex-dividend date of this dividend is Friday, December 6th. Bank of America’s dividend payout ratio is 37.82%.

Insider Buying and Selling at Bank of America

In other Bank of America news, major shareholder Berkshire Hathaway Inc sold 2,305,415 shares of the business’s stock in a transaction dated Wednesday, September 25th. The shares were sold at an average price of $39.27, for a total value of $90,533,647.05. Following the transaction, the insider now directly owns 812,041,811 shares in the company, valued at $31,888,881,917.97. The trade was a 0.28 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders have sold 39,835,159 shares of company stock worth $1,609,712,663 over the last three months. Company insiders own 0.29% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors have recently modified their holdings of BAC. Copley Financial Group Inc. acquired a new position in Bank of America in the third quarter worth $550,000. Fidelity D & D Bancorp Inc. bought a new position in shares of Bank of America in the third quarter valued at about $201,000. Bush Investment Group LLC acquired a new position in Bank of America during the 3rd quarter worth about $239,000. Oddo BHF Asset Management Sas bought a new stake in Bank of America during the 3rd quarter worth about $1,670,000. Finally, Old North State Trust LLC acquired a new stake in Bank of America in the 3rd quarter valued at about $202,000. Institutional investors own 70.71% of the company’s stock.

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.