Bank of America (BAC) is scheduled to announce its results for the third quarter of 2025 on Wednesday, October 15. The stock has gained about 13% year-to-date, driven by strong trading performance, higher net interest income, and improving investment banking activity. According to Main Street Data, BAC’s Consumer Banking segment brought in $10.81 billion in revenue in Q2. It will be worth watching if this segment continues to show strength in the third quarter.
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Wall Street analysts expect the company to report earnings per share of $0.95, representing a 17% increase year-over-year. However, revenues are expected to decrease by 47% from the year-ago quarter to $27.52 billion, according to data from the TipRanks Forecast page. It’s important to note that BAC has a decent track record with earnings, having exceeded EPS estimates in six out of the past nine consecutive quarters.
Analyst’s Views Ahead of BAC’s Q3 Earnings
Ahead of BAC’s Q3 earnings report, Erste Group analyst Hans Engel upgraded Bank of America stock from Hold to Buy, citing steady growth and solid earnings prospects.
Engel said Bank of America has shown strong deposit and loan growth over the past two years and sees a positive credit outlook ahead. He added that momentum in the Global Markets division is likely to continue and he expects revenue to rise in 2026. The analyst also forecasts strong earnings growth this year and next, noting that the stock’s valuation looks reasonable and still offers more upside potential.
Options Traders Anticipate Minor Move on BAC’s Q3 Earnings
Using TipRanks’ Options tool, we can see what options traders are expecting from the stock immediately after its earnings report. The expected earnings move is determined by calculating the at-the-money straddle of the options closest to expiration after the earnings announcement. If this sounds complicated, don’t worry, the Options tool does this for you.
Indeed, it currently says that options traders are expecting about a 4.30% move in either direction in Bank of America stock in reaction to Q3 results.
Is BAC Stock a Buy, Sell, or Hold?
Overall, Bank of America stock scores a Strong Buy consensus rating based on 18 Buys and one Hold. The average BAC stock price target of $55.86 implies 14.33% upside potential.
