Bank of America (BAC) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
President Trump has set the stage for the beginning of the end of the world, taking advantage of unlimited largess from the United States, a practice that began after World War II and has been in place ever since.
JPM and BAC dominate U.S. banking. But one of them offers investors better long-term value.
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Bank of America (BAC) have what it takes?
Bank of America exceeded Q1 '25 earnings and revenue estimates, driven by strong net interest income growth, with trading boosting results as well. The bank submitted a decent net interest income outlook for Q4 '25 and maintained a steady level of credit provisions Q/Q. Bank of America's current valuation at a P/B ratio of 1.06X is attractive, especially compared to industry rivals.
Shares of Bank of America (NYSE: BAC) were beaten down over the past month, falling by 8.08%, which exceeded the S&P 500's losses over the same period by 2.85%.
Recently, Zacks.com users have been paying close attention to Bank of America (BAC). This makes it worthwhile to examine what the stock has in store.
Investors wake up to market volatility every day amid the unfriendly political environment.
Between the uncertainty caused by President Donald Trump's tariff policy, consumers being increasingly reluctant to spend on discretionary purchases, and several other factors, a U.S. recession in 2025 looks a lot more likely than it did a few months ago.
Bank of America Corporation has shown impressive earnings growth, with net income at $7.4 billion and EPS at $0.90, indicating strength in long-term trends. Despite strong financial performance, the stock has declined nearly 18%, prompting a downgrade to a "buy" rating due to potential sector underperformance. Comparative valuations show BAC trading at a favorable price-book ratio of 1.028x, lower than most peers, indicating potential investment value.
The trade war threatens the global dominance and growth of America's megabanks.
Bank of America exceeded profit expectations in 1Q25, driven by higher net interest income and strong equities trading results, with a positive forecast for 2025. The bank's asset quality remains robust, with decreasing net charge-offs, indicating no heightened recession risk, and a favorable lending environment. Despite market volatility and tariff impacts, Bank of America's valuation multiple contracted, presenting a compelling buying opportunity at a slight premium to book value.