tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Bank of America Announces New Leadership Appointments

Story Highlights
Bank of America Announces New Leadership Appointments

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Bank of America ( (BAC) ) has issued an announcement.

On September 12, 2025, Bank of America announced significant leadership changes, appointing Dean C. Athanasia and James P. DeMare as Co-Presidents, and Alastair M. Borthwick as Executive Vice President, in addition to his role as Chief Financial Officer. These appointments aim to enhance the bank’s global capabilities and drive long-term growth by leveraging the extensive experience of the new leaders. Athanasia and DeMare will focus on strategic initiatives to increase market share and returns, while Borthwick will continue to strengthen the bank’s financial position. The leadership changes are part of the bank’s ongoing commitment to Responsible Growth, which has been a core strategy for over a decade.

The most recent analyst rating on (BAC) stock is a Buy with a $54.00 price target. To see the full list of analyst forecasts on Bank of America stock, see the BAC Stock Forecast page.

Spark’s Take on BAC Stock

According to Spark, TipRanks’ AI Analyst, BAC is a Outperform.

Bank of America’s strong earnings growth and strategic capital returns are key strengths, supported by positive technical indicators. However, challenges in cash flow management and commercial real estate pose risks. The stock’s moderate valuation and dividend yield add to its appeal.

To see Spark’s full report on BAC stock, click here.

More about Bank of America

Bank of America is one of the world’s leading financial institutions, providing a full range of banking, investing, asset management, and other financial and risk management products and services to individual consumers, small and middle-market businesses, and large corporations. The company serves approximately 69 million consumer and small business clients in the United States.

Average Trading Volume: 39,066,360

Technical Sentiment Signal: Buy

Current Market Cap: $375.9B

For a thorough assessment of BAC stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1