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Bank of America ( (BAC) ) has issued an announcement.
On July 16, 2025, Bank of America will hold an investor conference call to discuss its second-quarter financial results, which showed a net income of $7.1 billion and a 4% increase in revenue to $26.5 billion compared to the previous year. The company reported growth in net interest income, sales and trading revenue, and asset management fees, despite a decline in investment banking fees. The bank’s balance sheet remains strong, with continued growth in deposits and loans, and a significant return of capital to shareholders, indicating robust financial health and a positive outlook for stakeholders.
The most recent analyst rating on (BAC) stock is a Hold with a $39.00 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 financial performance and bullish technical indicators are the primary drivers of its stock score. Valuation is reasonable, though cash flow volatility and leverage are potential risks. The positive earnings call underscores robust operational results but is tempered by macroeconomic concerns.
To see Spark’s full report on BAC stock, click here.
More about Bank of America
Bank of America is a leading financial institution, providing a wide range of banking, investment, and financial services. It operates in consumer banking, global wealth and investment management, global banking, and global markets, focusing on both individual and business clients.
Average Trading Volume: 40,334,694
Technical Sentiment Signal: Buy
Current Market Cap: $354.5B
See more data about BAC stock on TipRanks’ Stock Analysis page.