Keybank National Association OH Has $198.46 Million Position in Bank of America Corporation $BAC

Keybank National Association OH boosted its stake in Bank of America Corporation (NYSE:BAC) by 1.0% during the third quarter, according to the company in its most recent filing with the SEC. The fund owned 3,846,802 shares of the financial services provider’s stock after buying an additional 38,175 shares during the period. Bank of America makes up 0.7% of Keybank National Association OH’s portfolio, making the stock its 28th largest holding. Keybank National Association OH owned 0.05% of Bank of America worth $198,457,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in BAC. Brighton Jones LLC grew its position in shares of Bank of America by 30.0% during the 4th quarter. Brighton Jones LLC now owns 108,872 shares of the financial services provider’s stock worth $4,785,000 after purchasing an additional 25,143 shares in the last quarter. Sivia Capital Partners LLC lifted its stake in Bank of America by 40.5% during the second quarter. Sivia Capital Partners LLC now owns 21,401 shares of the financial services provider’s stock worth $1,013,000 after purchasing an additional 6,174 shares during the last quarter. B.O.S.S. Retirement Advisors LLC bought a new stake in shares of Bank of America during the 2nd quarter worth $292,000. BSW Wealth Partners bought a new position in shares of Bank of America in the second quarter worth about $227,000. Finally, Pure Financial Advisors LLC lifted its stake in Bank of America by 21.7% in the 2nd quarter. Pure Financial Advisors LLC now owns 41,718 shares of the financial services provider’s stock valued at $1,974,000 after purchasing an additional 7,431 shares during the last quarter. 70.71% of the stock is owned by institutional investors and hedge funds.

Trending Headlines about Bank of America

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

• Positive Sentiment: CEO Brian Moynihan flagged India as a major growth engine and signaled the bank will push for profitable expansion there — a directional growth story that supports long‑term revenue upside if BofA deploys capital efficiently. BofA CEO Moynihan sees India as major growth engine
• Positive Sentiment: BofA expanded retail reach via new Trump-related accounts and an auto‑finance arrangement — moves that can boost deposits and loan originations, supporting net interest income and fee revenue. Bank Of America Extends Reach With Trump Accounts And Auto Finance Deal
• Neutral Sentiment: BofA named Lo Piccolo as country head (replacing Mattarella) — an operational leadership change for international business that is unlikely to move near‑term earnings but matters for execution abroad. Bank of America appoints Lo Piccolo as country head
• Neutral Sentiment: BofA made a $500,000 grant to FIND Regional Food Bank — positive for corporate social responsibility and local reputation but immaterial to fundamentals. BofA Awards $500,000 Grant to FIND Regional Food Bank
• Neutral Sentiment: BofA’s chief strategist warned the 30‑year Treasury yield approaching a critical level — commentary that can influence bond markets and the bank’s interest‑rate outlook; implications for margins depend on where long yields settle. Top Bank of America strategist says the long bond is nearing the key line in the sand
• Negative Sentiment: Daiwa Capital Markets lowered expectations for BAC’s share price — a direct analyst downgrade that can weigh on sentiment and short‑term flows. Daiwa Capital Markets Has Lowered Expectations for Bank of America
• Negative Sentiment: Policy risk: media and MarketBeat commentary note that the Trump administration’s proposed 10% cap on credit‑card interest rates is pressuring U.S. banks, including BofA, because it could materially reduce credit card yields and fee income if enacted. That regulatory uncertainty is a near‑term headwind for valuation. MarketBeat Week in Review / credit card cap discussion

Analysts Set New Price Targets

Several equities analysts have commented on the company. Hsbc Global Res upgraded Bank of America from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, January 7th. Keefe, Bruyette & Woods reduced their price objective on shares of Bank of America from $64.00 to $63.00 and set an “outperform” rating on the stock in a research note on Thursday, January 15th. Oppenheimer upped their target price on Bank of America from $55.00 to $63.00 and gave the company an “outperform” rating in a research report on Thursday, December 18th. Barclays increased their target price on shares of Bank of America from $59.00 to $71.00 and gave the stock an “overweight” rating in a research note on Monday, January 5th. Finally, Wall Street Zen lowered Bank of America from a “hold” rating to a “sell” rating in a report on Monday, January 5th. One investment analyst has rated the stock with a Strong Buy rating, twenty-three have issued a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $60.00.

Bank of America Trading Up 0.3%

Shares of BAC stock opened at $53.25 on Friday. The company has a debt-to-equity ratio of 1.15, a quick ratio of 0.80 and a current ratio of 0.80. The company has a market capitalization of $388.86 billion, a price-to-earnings ratio of 13.90, a PEG ratio of 1.30 and a beta of 1.29. The company has a 50-day simple moving average of $54.15 and a two-hundred day simple moving average of $51.52. Bank of America Corporation has a 52-week low of $33.06 and a 52-week high of $57.55.

Bank of America (NYSE:BAC) last posted its quarterly earnings data on Wednesday, January 14th. The financial services provider reported $0.98 earnings per share for the quarter, topping the consensus estimate of $0.96 by $0.02. The business had revenue of $4.53 billion for the quarter, compared to analysts’ expectations of $27.73 billion. Bank of America had a return on equity of 11.07% and a net margin of 16.23%.The business’s revenue was up 12.3% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.82 earnings per share. Research analysts anticipate that Bank of America Corporation will post 3.7 EPS for the current fiscal year.

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.