The Federal Reserve's asset cap on Wells Fargo came off in 2025.
Bank of America exhibits a bullish technical setup, supported by strong price action, momentum, and institutional volume accumulation. Despite a D+ valuation grade, I prioritize trend-following signals and BAC's Quant Rating, which ranks it #1 among diversified banks. BAC's price remains above its 30-week EMA, with both short-term and long-term momentum indicators signaling continued strength.
As volatility again rattles large swathes of the cryptocurrency market, the largest financial institutions in the United States are moving ahead with plans for a shared tokenized deposit network. The network will be operated by The Clearing House and is backed by JPMorganChase, Bank of America, Citi, Wells Fargo and other major banks.
The largest U.S. banks are building their own blockchain payment network, a direct response to crypto firms that are pushing deeper into core banking territory under a crypto-friendly Trump administration.
Bank of America plans to launch a new cross-border real-time payments tool later this year, according to a Thursday (June 4) press release provided to PYMNTS.
Bank of America announces plans to hire nearly 4,000 summer interns and full-time recruits from over 500 colleges and universities this summer.
Bank of America's (NYSE: BAC | BAC Price Prediction) Chief Investment Strategist Michael Hartnett adopted a cautious yet opportunistic stance in his latest Flow Show, warning that investors are approaching a pivotal juncture.
Bank of America is rated a buy, supported by robust revenue growth, segment leadership, and favorable regulatory tailwinds. BAC posted 8.1% YoY revenue growth in Q1 2026, with all business segments contributing and net income up 17.27%. Upcoming capital requirement reductions could free $14.4 billion for lending, boosting NII and profitability.
JPM's Q2 2026 fee income will likely surge, driven by a likely rise of 11% in markets revenue and 10% jump in IB fees, fueled by volatility and deal-making.
Bank of America (NYSE:BAC | BAC Price Prediction) has spent 2026 grinding sideways despite a Q1 print that ranked among the strongest in the bank's recent history.
BAC projects nearly 15% Q2'26 trading revenue growth, with strong IB and wealth management performance lifting fee income.
Watch more: Why Payments Modernization Can't Wait Banks spent years treating payments modernization as a long-range technology project. Corporate clients are done waiting.