Bank Of America Corp (NYSE:BAC) shares traded 0.42% higher at $47.32 on Wall Street last session.
BAC stock price is now 9.44% away from the 50-day moving average and 9.40% away from the 200-day moving average. The market capitalization of the company currently stands at $356.41B.
With the price target maintained at $52, Robert W. Baird recently Downgraded its rating from Outperform to Neutral for Bank Of America Corp (NYSE: BAC). On May 15, 2025, TD Cowen recently initiated its ‘Buy’ rating on the stock quoting a target price of $53, while ‘Morgan Stanley’ rates the stock as ‘Overweight’
In other news, BANK OF AMERICA CORP /DE/, 10% Owner bought 38,169 shares of the company’s stock on Jun 11 ’25. The stock was bought for $303,633 at an average price of $7.95. Upon completion of the transaction, the 10% Owner now directly owns 38,169 shares in the company, valued at $1.81 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Jun 11 ’25, 10% Owner BANK OF AMERICA CORP /DE/ sold 8,126 shares of the business’s stock. A total of $64,193 was realized by selling the stock at an average price of $7.90. This leaves the insider owning 30,043 shares of the company worth $1.42 million. A total of 0.20% of the company’s stock is owned by insiders.
During the past 12 months, Bank Of America Corp has had a low of $33.06 and a high of $48.08. According to the stock market information, the enterprise value for the company is $344355373056, which is based on a 14.13 price-to-earnings ratio, a 0.99 price-to-earnings-growth ratio, and a beta of 1.31. The fifty day moving average price for BAC is $43.2382 and a two-hundred day moving average price translates $43.2543 for the stock.
The latest earnings results from Bank Of America Corp (NYSE: BAC) was released for 2025-03-31. The net profit margin was 13.28% and return on equity was 9.46% for BAC. The company reported revenue of $34.07 billion for the quarter, compared to $36.28 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -6.12 percent.
