Bank of America (NYSE:BAC) Stock Price Down 1.3% – Time to Sell?

Bank of America Corporation (NYSE:BAC) shares were down 1.3% during mid-day trading on Tuesday . The stock traded as low as $54.30 and last traded at $54.4740. Approximately 43,253,084 shares were traded during trading, an increase of 18% from the average daily volume of 36,733,820 shares. The stock had previously closed at $55.19.

Bank of America News Roundup

Here are the key news stories impacting Bank of America this week:

• Positive Sentiment: Analysts expect another potential earnings beat — BAC has a strong history of surpassing estimates and recent previews (stable net interest income, improved trading/IB fees) support upside to Q4 results, a near-term positive catalyst if confirmed. Why Bank of America (BAC) Could Beat Earnings Estimates Again
• Positive Sentiment: Short interest dropped materially in December (down ~21%), reducing one element of downside pressure and signaling fewer active bearish bets against BAC shares — this can support the stock if fundamentals stay intact.
• Neutral Sentiment: Bank of America research flags structural opportunities (AI-driven bond issuance and other IB market themes) that could boost fee revenue over time; these are medium-term positives but not immediate offsets to today’s selling. AI Bond Sales Could Hit $300 Billion a Year, Bank of America Says
• Neutral Sentiment: Wall Street preview coverage and analyst forecast updates ahead of BAC’s Q4 print have highlighted both upside (trading, fee stability) and areas to watch (loan growth guidance); upcoming results/guidance will likely dictate next leg of the move. Bank of America Gears Up For Q4 Print; Here Are The Recent Forecast Changes From Wall Street’s Most Accurate Analysts
• Negative Sentiment: Political/regulatory risk: President Trump’s proposal to cap credit-card interest rates at 10% triggered broad selling across big banks because a low cap would materially compress card/net interest margins and could reduce consumer lending availability, creating clear near-term downside risk for BAC’s consumer finance franchise. Markets reacted to these headlines today. Banks warn consumers will be hurt by Trump’s 10% cap on credit card interest rates

Analyst Upgrades and Downgrades

Several brokerages recently commented on BAC. Robert W. Baird lifted their target price on shares of Bank of America from $52.00 to $56.00 and gave the stock a “neutral” rating in a research note on Thursday, October 30th. Piper Sandler boosted their price objective on shares of Bank of America from $55.00 to $56.00 and gave the company a “neutral” rating in a research report on Thursday, December 11th. Phillip Securities upped their price objective on shares of Bank of America from $50.00 to $56.00 in a research note on Tuesday, October 21st. Wolfe Research cut Bank of America from an “outperform” rating to a “peer perform” rating in a research note on Wednesday, January 7th. Finally, Cowen restated a “buy” rating on shares of Bank of America in a report on Wednesday, January 7th. One analyst has rated the stock with a Strong Buy rating, twenty-three have issued a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $59.82.

Bank of America Stock Down 1.3%

The company has a current ratio of 0.79, a quick ratio of 0.79 and a debt-to-equity ratio of 1.12. The firm has a market cap of $397.80 billion, a PE ratio of 14.84 and a beta of 1.29. The company’s 50 day moving average price is $54.17 and its two-hundred day moving average price is $51.09.

Bank of America (NYSE:BAC) last released its earnings results on Wednesday, October 15th. The financial services provider reported $1.06 earnings per share for the quarter, beating the consensus estimate of $0.93 by $0.13. The company had revenue of $5.35 billion for the quarter, compared to the consensus estimate of $27.05 billion. Bank of America had a return on equity of 10.76% and a net margin of 15.70%.Bank of America’s quarterly revenue was up 10.8% compared to the same quarter last year. During the same period in the previous year, the business earned $0.81 earnings per share. On average, equities research analysts expect that Bank of America Corporation will post 3.7 EPS for the current fiscal year.

Bank of America Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, December 26th. Stockholders of record on Friday, December 5th were paid a $0.28 dividend. The ex-dividend date of this dividend was Friday, December 5th. This represents a $1.12 dividend on an annualized basis and a dividend yield of 2.1%. Bank of America’s dividend payout ratio is 30.52%.

Institutional Trading of Bank of America

Several institutional investors and hedge funds have recently added to or reduced their stakes in BAC. Wiser Advisor Group LLC bought a new stake in shares of Bank of America during the third quarter valued at approximately $27,000. Quaker Wealth Management LLC raised its stake in shares of Bank of America by 246.5% in the second quarter. Quaker Wealth Management LLC now owns 523 shares of the financial services provider’s stock valued at $25,000 after acquiring an additional 880 shares during the period. Nova Wealth Management Inc. raised its position in Bank of America by 75.2% in the 2nd quarter. Nova Wealth Management Inc. now owns 529 shares of the financial services provider’s stock worth $25,000 after purchasing an additional 227 shares during the period. Steph & Co. boosted its position in shares of Bank of America by 224.3% during the third quarter. Steph & Co. now owns 548 shares of the financial services provider’s stock valued at $28,000 after buying an additional 379 shares during the period. Finally, Collier Financial bought a new position in shares of Bank of America during the third quarter valued at approximately $30,000. Institutional investors own 70.71% of the company’s stock.

About Bank of America

Bank of America Corporation is a multinational financial services company headquartered in Charlotte, North Carolina. It provides a broad array of banking, investment, asset management and related financial and risk management products and services to individual consumers, small- and middle-market businesses, large corporations, governments and institutional investors. The firm operates through consumer banking, global wealth and investment management, global banking and markets businesses, offering capabilities across lending, deposits, payments, advisory and capital markets.

Its consumer-facing offerings include checking and savings accounts, mortgages, home equity lending, auto loans, credit cards and small business banking, supported by a nationwide branch network and digital channels.