Bokf Na Lowers Holdings in Bank of America Corporation $BAC

Bokf Na lowered its stake in shares of Bank of America Corporation (NYSE:BAC) by 5.6% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 279,911 shares of the financial services provider’s stock after selling 16,686 shares during the quarter. Bokf Na’s holdings in Bank of America were worth $14,441,000 at the end of the most recent quarter.

Other large investors have also modified their holdings of the company. Steph & Co. grew its holdings in Bank of America by 224.3% in the third quarter. Steph & Co. now owns 548 shares of the financial services provider’s stock valued at $28,000 after purchasing an additional 379 shares during the period. Marquette Asset Management LLC purchased a new position in Bank of America during the third quarter worth approximately $30,000. Collier Financial acquired a new position in shares of Bank of America in the 3rd quarter valued at $30,000. Mountain Hill Investment Partners Corp. purchased a new stake in shares of Bank of America during the 3rd quarter valued at $31,000. Finally, Wealth Preservation Advisors LLC grew its stake in shares of Bank of America by 48.7% during the 2nd quarter. Wealth Preservation Advisors LLC now owns 681 shares of the financial services provider’s stock valued at $32,000 after buying an additional 223 shares during the period. 70.71% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

BAC has been the topic of several research reports. Daiwa Securities Group cut their target price on Bank of America from $66.00 to $62.00 and set a “buy” rating on the stock in a research report on Tuesday, January 27th. Truist Financial lowered their price target on Bank of America from $62.00 to $60.00 and set a “buy” rating for the company in a research report on Thursday, January 15th. Piper Sandler upped their price target on Bank of America from $56.00 to $57.00 and gave the stock a “neutral” rating in a research note on Thursday, January 15th. Wolfe Research downgraded Bank of America from an “outperform” rating to a “peer perform” rating in a report on Wednesday, January 7th. Finally, TD Cowen reduced their price objective on Bank of America from $66.00 to $64.00 and set a “buy” rating on the stock in a research note on Thursday, January 15th. Twenty-one investment analysts have rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $60.30.

Bank of America News Roundup

Here are the key news stories impacting Bank of America this week:

• Positive Sentiment: BofA expects higher net interest income (about +7%) and ~10% growth in investment banking fees for Q1, which supports earnings upside from core banking and capital markets. BofA expects rising interest income, investment banking fees in first quarter
• Positive Sentiment: Analysts note fee-income tailwinds from stronger capital‑markets momentum (IB, trading, wealth), which should lift non‑interest revenue in Q1. BAC’s Fee Income to Benefit From Solid Q1 Capital Markets Performance
• Positive Sentiment: Management commentary and memos indicate strong trading revenue and heightened client engagement in Q1, reinforcing the view of improved market‑driven revenue streams. Bank of America sees strong trading revenue in Q1, co-president says
• Positive Sentiment: Digital and AI initiatives are expanding client interactions and platform usage (Zelle, Erica, CashPro), which supports cross‑sell, lower cost-to-serve, and long‑term revenue growth. BofA AI and Digital Innovations Fuel 30 Billion Client Interactions
• Positive Sentiment: BofA is bolstering its tech and M&A capabilities by hiring senior tech bankers, aimed at capturing deal activity in a competitive segment. Bank of America poaches four top tech bankers to boost tech dealmaking, memos show
• Neutral Sentiment: BofA presented at the RBC Global Financial Institutions conference — useful detail for modeling but no new guidance; transcript provides management color. Bank of America Corporation (BAC) Presents at RBC Capital Markets Global Financial Institutions Conference 2026 Transcript
• Neutral Sentiment: Regulatory transparency disclosures show BofA holdings in several non‑bank names (Galapagos, Qiagen, Umicore) — operationally immaterial to BAC but noted by markets. Qiagen discloses Bank of America’s 3.05% stake following AFM notification
• Negative Sentiment: Shares have slid materially year‑to‑date (~13% YTD in recent coverage), raising valuation and sentiment concerns that can amplify downside on broader market weakness. Bank of America Stock Slides 12.9% YTD: Time to Buy the Dip or Wait?
• Negative Sentiment: Macro risk commentary (Korea bubble, geopolitical/market risk) from BofA strategists can pressure investor risk appetite and weigh on bank multiples despite solid company fundamentals. Korea stock-market action was ‘textbook bubble,’ say Bank of America strategists

Bank of America Stock Down 0.1%

Shares of Bank of America stock opened at $48.50 on Thursday. The company has a fifty day moving average price of $52.86 and a 200 day moving average price of $52.51. The company has a current ratio of 0.80, a quick ratio of 0.80 and a debt-to-equity ratio of 1.15. Bank of America Corporation has a twelve month low of $33.06 and a twelve month high of $57.55. The stock has a market cap of $348.05 billion, a price-to-earnings ratio of 12.66, a price-to-earnings-growth ratio of 1.18 and a beta of 1.28.

Bank of America (NYSE:BAC) last announced its quarterly earnings results on Wednesday, January 14th. The financial services provider reported $0.98 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.96 by $0.02. Bank of America had a return on equity of 11.07% and a net margin of 16.23%.The firm had revenue of $4.53 billion during the quarter, compared to the consensus estimate of $27.73 billion. During the same period in the prior year, the firm earned $0.82 EPS. The firm’s quarterly revenue was up 12.3% compared to the same quarter last year. Equities research analysts forecast that Bank of America Corporation will post 3.7 earnings per share for the current fiscal year.

Bank of America Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, March 27th. Stockholders of record on Friday, March 6th will be paid a $0.28 dividend. The ex-dividend date is Friday, March 6th. This represents a $1.12 dividend on an annualized basis and a dividend yield of 2.3%. Bank of America’s dividend payout ratio (DPR) is 29.24%.

Insider Transactions at Bank of America

In related news, insider James P. Demare sold 83,832 shares of the firm’s stock in a transaction dated Wednesday, March 4th. The stock was sold at an average price of $50.00, for a total transaction of $4,191,600.00. Following the sale, the insider directly owned 307,240 shares in the company, valued at approximately $15,362,000. This trade represents a 21.44% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, insider Thomas M. Scrivener sold 50,000 shares of the business’s stock in a transaction that occurred on Thursday, March 5th. The stock was sold at an average price of $49.82, for a total value of $2,491,000.00. Following the transaction, the insider directly owned 227,973 shares in the company, valued at $11,357,614.86. This trade represents a 17.99% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 0.30% of the stock is currently owned by company insiders.

Bank of America Profile

Bank of America Corporation is a multinational financial services company headquartered in Charlotte, North Carolina. It provides a broad array of banking, investment, asset management and related financial and risk management products and services to individual consumers, small- and middle-market businesses, large corporations, governments and institutional investors. The firm operates through consumer banking, global wealth and investment management, global banking and markets businesses, offering capabilities across lending, deposits, payments, advisory and capital markets.

Its consumer-facing offerings include checking and savings accounts, mortgages, home equity lending, auto loans, credit cards and small business banking, supported by a nationwide branch network and digital channels.