Bank of America Q2 EPS Forecast Decreased by Zacks Research

Bank of America Co. (NYSE:BAC) – Analysts at Zacks Research lowered their Q2 2025 earnings per share (EPS) estimates for Bank of America in a note issued to investors on Tuesday, May 6th. Zacks Research analyst R. Department now expects that the financial services provider will earn $0.88 per share for the quarter, down from their previous estimate of $0.91. The consensus estimate for Bank of America’s current full-year earnings is $3.70 per share. Zacks Research also issued estimates for Bank of America’s Q3 2025 earnings at $0.92 EPS, Q1 2026 earnings at $0.92 EPS and Q2 2026 earnings at $1.00 EPS.

Bank of America (NYSE:BAC) last issued its quarterly earnings results on Tuesday, April 15th. The financial services provider reported $0.90 earnings per share for the quarter, beating analysts’ consensus estimates of $0.80 by $0.10. Bank of America had a net margin of 14.10% and a return on equity of 10.29%. The firm had revenue of $27.37 billion during the quarter, compared to the consensus estimate of $26.83 billion.

Several other analysts have also weighed in on BAC. Royal Bank of Canada decreased their price objective on Bank of America from $50.00 to $45.00 and set an “outperform” rating on the stock in a report on Wednesday, April 16th. Keefe, Bruyette & Woods decreased their price target on shares of Bank of America from $55.00 to $52.00 and set an “outperform” rating on the stock in a research note on Wednesday, April 16th. Citigroup dropped their price objective on shares of Bank of America from $54.00 to $50.00 and set a “buy” rating for the company in a research note on Monday, March 24th. Oppenheimer upped their target price on shares of Bank of America from $50.00 to $51.00 and gave the company an “outperform” rating in a research note on Monday, April 28th. Finally, Piper Sandler dropped their price target on shares of Bank of America from $45.00 to $42.00 and set a “neutral” rating for the company in a research report on Wednesday, April 16th. One investment analyst has rated the stock with a sell rating, six have issued a hold rating, fifteen have given a buy rating and four have assigned a strong buy rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $47.25.

Bank of America Stock Up 0.6 %

NYSE BAC opened at $41.85 on Thursday. Bank of America has a twelve month low of $33.07 and a twelve month high of $48.08. The company has a debt-to-equity ratio of 1.04, a quick ratio of 0.78 and a current ratio of 0.78. The stock has a market cap of $315.21 billion, a PE ratio of 13.00, a PEG ratio of 1.21 and a beta of 1.27. The firm has a 50-day simple moving average of $39.69 and a 200 day simple moving average of $43.48.

Bank of America Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, June 27th. Stockholders of record on Friday, June 6th will be issued a $0.26 dividend. This represents a $1.04 annualized dividend and a dividend yield of 2.49%. The ex-dividend date is Friday, June 6th. Bank of America’s payout ratio is presently 30.95%.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the company. Collier Financial bought a new stake in shares of Bank of America during the 4th quarter worth about $25,000. Life Planning Partners Inc grew its position in Bank of America by 3,883.2% during the fourth quarter. Life Planning Partners Inc now owns 559,995 shares of the financial services provider’s stock worth $25,000 after buying an additional 545,936 shares in the last quarter. Graney & King LLC acquired a new position in Bank of America in the fourth quarter valued at about $25,000. Fairway Wealth LLC bought a new stake in shares of Bank of America during the 4th quarter worth approximately $29,000. Finally, Vega Investment Solutions acquired a new stake in shares of Bank of America in the 4th quarter valued at $30,000. 70.71% of the stock is currently owned by institutional investors and hedge funds.

Bank of America Company Profile

Bank of America Corporation, through its subsidiaries, provides banking and financial products and services for individual consumers, small and middle-market businesses, institutional investors, large corporations, and governments worldwide. It operates in four segments: Consumer Banking, Global Wealth & Investment Management (GWIM), Global Banking, and Global Markets.