Bank of America Rises as 21 Banks Enter Stablecoins, Facing $180 Billion Tether
Bank of America (BAC), the consumer-banking and payments giant, climbed approximately 0.6% to $62.295 Tuesday as 21 major banks prepared a coordinated stablecoi
BAC - Bank of America Corporation
Price:
--
--
|
CONSENSUS:
Buy
DETAILS
|
PRICE TARGET:
$66.00
DETAILS
HIGH:
$75.00
LOW:
$59.00
MEDIAN:
$65.00
CONSENSUS:
$66.00
UPSIDE:
6.47%
Stock News
Goldman Sachs, BofA and others plan to issue dollar stablecoin together in 2027
A group of 21 financial institutions including Goldman Sachs , Bank of America , Citi and Deutsche Bank plan to create a company this year to issue a cryptocurrency pegged to the dollar in the first half of 2027, they said on Tuesday.
Benjamin Edwards Inc. Has $22.73 Million Position in Bank of America Corporation $BAC
Benjamin Edwards Inc. lifted its holdings in Bank of America Corporation (NYSE: BAC) by 37.1% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 398,893 shares of the financial services provider's stock after purchasing an additional 107,905 shares during the period. Benjamin Edwards Inc.'s
Warren Buffett's Successor, Greg Abel, Started His Tenure With a Bang by Paring Down Bank of America and Making a Virtual Monopoly Berkshire's No. 3 Holding
The Oracle of Omaha retired on Dec. 31, passing the baton and oversight of Berkshire Hathaway's $357 billion investment portfolio to Greg Abel. Warren Buffett or Greg Abel has sold shares of Bank of America for eight consecutive quarters -- and profit-taking is likely only part of the story.
Bank of America Corporation $BAC Shares Sold by Ancora Advisors LLC
Ancora Advisors LLC trimmed its stake in shares of Bank of America Corporation (NYSE: BAC) by 7.8% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 715,456 shares of the financial services provider's stock after selling 60,163 shares during the quarter. Bank
BAC Records 9% Y/Y Growth in NII in 1H26: Will the Uptrend Continue?
Bank of America's NII rises 9% y/y to $31.7B in 1H26, led by loan and deposit growth and asset repricing, with gains expected through the rest of 2026.
Corient Private Wealth LP Makes New $9.31 Million Investment in Bank of America Corporation $BAC
Corient Private Wealth LP purchased a new stake in Bank of America Corporation (NYSE: BAC) during the undefined quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 178,732 shares of the financial services provider's stock, valued at approximately $9,310,000. Other large investors have
Archer Investment Corp Takes $1.68 Million Position in Bank of America Corporation $BAC
Archer Investment Corp acquired a new stake in shares of Bank of America Corporation (NYSE: BAC) in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 29,400 shares of the financial services provider's stock, valued at approximately $1,675,000. Several other hedge funds and
Bank of America Corporation $BAC is Basswood Capital Management L.L.C.’s 3rd Largest Position
Basswood Capital Management L.L.C. grew its position in shares of Bank of America Corporation (NYSE: BAC) by 13.5% during the undefined quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 2,103,476 shares of the financial services provider's stock after buying an additional
Berkshire Hathaway Inc Has $27.54 Billion Stock Holdings in Bank of America Corporation $BAC
Berkshire Hathaway Inc trimmed its position in Bank of America Corporation (NYSE: BAC) by 5.9% in the undefined quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 483,394,015 shares of the financial services provider's stock after selling 30,230,150 shares during the quarter. Bank of America accounts for 9.2%
Bamco Inc. NY Grows Stake in Bank of America Corporation $BAC
Bamco Inc. NY lifted its stake in Bank of America Corporation (NYSE: BAC) by 45.4% during the undefined quarter, according to its most recent disclosure with the SEC. The institutional investor owned 40,994 shares of the financial services provider's stock after buying an additional 12,794 shares during the quarter. Bamco Inc. NY's holdings in Bank of
Azora Capital LP Acquires Shares of 4,182,530 Bank of America Corporation $BAC
Azora Capital LP purchased a new stake in Bank of America Corporation (NYSE: BAC) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund purchased 4,182,530 shares of the financial services provider's stock, valued at approximately $238,321,000. Bank of America comprises 10.0% of Azora Capital LP's holdings, making
Ancora Advisors LLC Takes $40.77 Million Position in Bank of America Corporation $BAC
Ancora Advisors LLC purchased a new position in Bank of America Corporation (NYSE: BAC) during the undefined quarter, according to its most recent 13F filing with the SEC. The firm purchased 715,456 shares of the financial services provider's stock, valued at approximately $40,767,000. Bank of America comprises approximately 0.8% of Ancora Advisors LLC's
Should You Buy BAC Stock as AI-Led Branch Expansion Boosts Efficiency?
Bank of America's AI push and branch expansion are boosting efficiency. However, persistent expense pressure could cloud the case for fresh investment.
History Says September Is the Worst Month for Stocks. Here's What Investors Should Actually Do.
September is the only month to have averaged a negative return in the S&P 500. Here's what that means for investors.
Algert Global LLC Buys New Position in Bank of America Corporation $BAC
Algert Global LLC bought a new position in shares of Bank of America Corporation (NYSE: BAC) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm bought 162,088 shares of the financial services provider's stock, valued at approximately $9,236,000. Other hedge funds and other
Bank of America Corporation $BAC Shares Sold by Algert Global LLC
Algert Global LLC trimmed its holdings in shares of Bank of America Corporation (NYSE: BAC) by 11.3% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 319,312 shares of the financial services provider's stock after selling 40,638 shares during the
100,000 Shares in Bank of America Corporation $BAC Bought by Ally Financial Inc.
Ally Financial Inc. purchased a new stake in Bank of America Corporation (NYSE: BAC) in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 100,000 shares of the financial services provider's stock, valued at approximately $5,698,000. Bank of America comprises approximately 0.7% of Ally Financial
Constellation's New Power Deals Are Piling Up. Here's Why the Stock Isn't Reflecting It Yet.
Constellation keeps racking up the deals, but its stock is trading more than 51% below its 52-week high.
Bernicke Wealth Management Ltd. Makes New $2.13 Million Investment in Bank of America Corporation $BAC
Bernicke Wealth Management Ltd. purchased a new position in Bank of America Corporation (NYSE: BAC) in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 37,416 shares of the financial services provider's stock, valued at approximately $2,132,000. Bank of America comprises approximately 0.2%
Price Targets
Bank of America price target raised to $70 from $68 at UBS
$70.00
(was $61.95)
UBS
Bank of America price target raised to $65 from $64 at Truist
$65.00
(was $61.74)
Truist Financial
Bank of America price target raised to $70 from $62 at Argus
$70.00
(was $61.79)
Stephen Biggar
·
Argus Research
Bank of America price target raised to $65 from $59 at RBC Capital
$65.00
(was $60.62)
RBC Capital
Bank of America price target raised to $62 from $58 at Baird
$62.00
(was $60.62)
Robert W. Baird
Bank of America (BAC) PT Raised to $69 at Wells FargoMember Login
$69.00
(was $60.62)
Wells Fargo
Bank of America price target raised to $75 from $70 at Jefferies
$75.00
(was $60.64)
Jefferies
Bank of America price target raised to $68 from $63 at UBS
$68.00
(was $60.54)
UBS
Bank of America price target raised to $63 from $61 at Evercore ISI
$63.00
(was $59.63)
Evercore ISI
Bank of America price target raised to $67 from $65 at Wells Fargo
$67.00
(was $58.73)
Wells Fargo
Bank of America price target raised to $67 from $61 at Morgan Stanley
$67.00
(was $57.96)
Manan Gosalia
·
Morgan Stanley
Bank of America price target raised to $64 from $61 at Truist
$64.00
(was $57.66)
John McDonald
·
Truist Financial
Bank of America price target raised to $59 from $53 at Piper Sandler
$59.00
(was $54.23)
Piper Sandler
Bank of America price target raised to $61 from $57 at Truist
$61.00
(was $54.23)
Truist Financial
Bank of America price target raised to $61 from $58 at Oppenheimer
$61.00
(was $54.22)
Oppenheimer
Bank of America price target lowered to $57 from $60 at Truist
$57.00
(was $48.24)
John McDonald
·
Truist Financial
Bank of America price target lowered to $64 from $68 at Morgan Stanley
$64.00
(was $52.88)
Morgan Stanley
Bank of America price target lowered to $59 from $63 at Evercore ISI
$59.00
(was $52.60)
Evercore ISI
Bank of America price target lowered to $60 from $62 at Truist
$60.00
(was $52.48)
Truist Financial
Bank of America upgraded to Buy from Hold at HSBC
$50.00
(was $55.94)
Saul Martinez
·
HSBC