Bank of America
BAC
About: Bank of America is one of the largest financial institutions in the United States, with more than $3.2 trillion in assets. It is organized into four major segments: consumer banking, global wealth and investment management, global banking, and global markets. Bank of America's consumer-facing lines of business include its network of branches and deposit-gathering operations, retail lending products, credit and debit cards, and small-business services. The company's Merrill Lynch operations provide brokerage and wealth-management services, as does its private bank. Wholesale lines of business include investment banking, corporate and commercial real estate lending, and capital markets operations. Bank of America has operations in several countries but is primarily US-focused.
Employees: 213,000
Fund manager confidence
Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)
108% more first-time investments, than exits
New positions opened: 271 | Existing positions closed: 130
18% more funds holding in top 10
Funds holding in top 10: 108 [Q1] → 127 (+19) [Q2]
14% more capital invested
Capital invested by funds: $227B [Q1] → $259B (+$32.7B) [Q2]
3% more funds holding
Funds holding: 3,169 [Q1] → 3,256 (+87) [Q2]
1.33% more ownership
Funds ownership: 71.5% [Q1] → 72.83% (+1.33%) [Q2]
6% more repeat investments, than reductions
Existing positions increased: 1,358 | Existing positions reduced: 1,284
36% less call options, than puts
Call options by funds: $5B | Put options by funds: $7.81B
Research analyst outlook
7 Wall Street Analysts provided 1 year price targets over the past 3 months
7 analyst ratings
Oppenheimer
Chris Kotowski
|
$57
|
Outperform
Maintained
|
30 Jul 2025 |
Truist Securities
John McDonald
|
$53
|
Buy
Maintained
|
9 Jul 2025 |
HSBC
Saul Martinez
|
$51
|
Hold
Downgraded
|
8 Jul 2025 |
RBC Capital
Gerard Cassidy
|
$53
|
Outperform
Maintained
|
30 Jun 2025 |
Baird
David George
|
$52
|
Neutral
Downgraded
|
27 Jun 2025 |
Citigroup
Keith Horowitz
|
$54
|
Buy
Maintained
|
26 Jun 2025 |
Morgan Stanley
Betsy Graseck
|
$49
|
Overweight
Maintained
|
23 Jun 2025 |
Financial journalist opinion
Based on 55 articles about BAC published over the past 30 days