Mason & Associates Inc Acquires New Shares in Bank of America Corporation $BAC

Mason & Associates Inc bought a new position in shares of Bank of America Corporation (NYSE:BAC) in the 3rd quarter, HoldingsChannel.com reports. The fund bought 16,990 shares of the financial services provider’s stock, valued at approximately $877,000.

A number of other hedge funds also recently made changes to their positions in the stock. Vista Capital Partners Inc. boosted its position in Bank of America by 51.3% in the third quarter. Vista Capital Partners Inc. now owns 13,333 shares of the financial services provider’s stock valued at $688,000 after buying an additional 4,521 shares in the last quarter. MSH Capital Advisors LLC lifted its stake in shares of Bank of America by 15.4% in the 3rd quarter. MSH Capital Advisors LLC now owns 16,791 shares of the financial services provider’s stock valued at $866,000 after acquiring an additional 2,242 shares during the last quarter. Balboa Wealth Partners boosted its stake in shares of Bank of America by 8.2% during the third quarter. Balboa Wealth Partners now owns 8,800 shares of the financial services provider’s stock valued at $454,000 after purchasing an additional 667 shares in the last quarter. Leisure Capital Management grew its holdings in shares of Bank of America by 1.2% during the third quarter. Leisure Capital Management now owns 21,066 shares of the financial services provider’s stock worth $1,087,000 after purchasing an additional 250 shares during the last quarter. Finally, DDD Partners LLC increased its stake in shares of Bank of America by 6,794.3% in the third quarter. DDD Partners LLC now owns 404,353 shares of the financial services provider’s stock valued at $20,861,000 after buying an additional 398,488 shares during the period. 70.71% of the stock is currently owned by institutional investors and hedge funds.

Bank of America Stock Performance

BAC stock opened at $52.53 on Friday. The firm has a market cap of $383.59 billion, a PE ratio of 13.72, a price-to-earnings-growth ratio of 1.28 and a beta of 1.29. The company has a current ratio of 0.80, a quick ratio of 0.80 and a debt-to-equity ratio of 1.15. The stock has a 50-day moving average price of $54.43 and a 200-day moving average price of $52.01. Bank of America Corporation has a 1-year low of $33.06 and a 1-year high of $57.55.

Bank of America (NYSE:BAC) last released its earnings results on Wednesday, January 14th. The financial services provider reported $0.98 EPS for the quarter, topping the consensus estimate of $0.96 by $0.02. The business had revenue of $4.53 billion during the quarter, compared to analysts’ expectations of $27.73 billion. Bank of America had a return on equity of 11.07% and a net margin of 16.23%.The firm’s revenue was up 12.3% on a year-over-year basis. During the same quarter last year, the firm posted $0.82 earnings per share. As a group, equities research analysts expect that Bank of America Corporation will post 3.7 earnings per share for the current year.

Bank of America Announces Dividend

The business also recently disclosed 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 annualized dividend and a dividend yield of 2.1%. Bank of America’s payout ratio is currently 29.24%.

Wall Street Analysts Forecast Growth

Several research firms recently commented on BAC. Phillip Securities lifted their target price on shares of Bank of America from $50.00 to $56.00 in a research report on Tuesday, October 21st. Truist Financial reduced their price objective on shares of Bank of America from $62.00 to $60.00 and set a “buy” rating on the stock in a research note on Thursday, January 15th. Robert W. Baird raised their target price on Bank of America from $52.00 to $56.00 and gave the stock a “neutral” rating in a research report on Thursday, October 30th. Daiwa Securities Group reduced their price target 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. Finally, Dbs Bank upgraded Bank of America to a “moderate buy” rating in a research report on Wednesday, October 22nd. Twenty-two equities research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $60.30.

Key Bank of America News

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

• Positive Sentiment: JPMorgan and other analysts remain constructive — JPMorgan slightly raised its price target to $61.50 and kept an Overweight rating, signaling analyst conviction and upside relative to the current price. Why Analysts Are Closely Watching Bank of America Corporation (BAC)
• Positive Sentiment: Community development lending: BofA’s Community Development Banking funded $7.4B in 2025 to create 11,000+ affordable housing units — a positive for franchise strength, fee income and ESG credentials. BofA Community Development Banking Delivers $7.4 Billion…
• Neutral Sentiment: Macro/market signal — BofA research and coverage note U.S. Treasuries (especially 30‑year) as the best hedge if the Fed is done cutting, a view that shifts flows toward long-duration assets and can influence bank trading and investment portfolios. This is market commentary rather than a direct company operational change. Bank of America (BAC) Says U.S. Treasuries Are the Best ‘Safe Haven’
• Neutral Sentiment: Stock momentum since earnings has been muted — coverage notes the share price changed little in the month after BofA’s January quarter beat, suggesting investors are weighing earnings versus macro and regulatory headlines. Why Is Bank of America (BAC) Down 0.1% Since Last Earnings Report?
• Negative Sentiment: Regulatory risk rising — U.S. regulators appear closer to proposing new “Basel endgame” rules that could tighten how large banks measure risk and potentially raise capital requirements, which would pressure returns on equity and capital allocation. US bank regulators move closer to proposing new ‘Basel’ rules for large banks
• Negative Sentiment: Legal/compliance spotlight — a recent ruling in the Jeffrey Epstein-related trial has refocused attention on BofA’s compliance controls and potential reputational/legal risk, which could add uncertainty to costs or capital planning. Epstein Trial Ruling Puts Bank Of America Compliance And Returns In Focus
• Negative Sentiment: Big‑holder movement risk — reports suggest Berkshire Hathaway may have trimmed (or could have trimmed) Bank of America holdings in the quarter; large stake changes can create headline-driven volatility even if the long‑term thesis remains intact. Berkshire Might Have Sold More Apple, Bank of America Stock in Fourth Quarter

About Bank of America

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.