Bank of America (BAC)
Combines U.S. consumer banking, Merrill wealth management, corporate banking and global markets.
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Combines U.S. consumer and small-business banking with Merrill wealth management, corporate and investment banking, and global markets. Revenue spans net interest income, asset-management and transaction fees, and trading, while results depend on credit conditions, market activity and banking regulation.
Provides deposits, cards, mortgages and other lending to consumers and small businesses through Consumer Banking's nationwide branch and digital network. Global Wealth & Investment Management serves clients through Merrill and Bank of America Private Bank, combining brokerage, investment management, banking and trust services.
Global Banking delivers commercial and corporate lending, treasury services, advisory and securities underwriting. Global Markets provides institutional sales and trading, market-making, financing, clearing and research across fixed income, currencies, commodities and equities. Retail banking is U.S.-centered, while institutional operations span major international markets.
A large consumer deposit base supports lending, while wealth, investment-banking and markets fees diversify revenue beyond net interest income. That mix connects household, wealth and corporate relationships. Results remain tied to interest rates, borrower credit, market activity, and bank capital, liquidity and conduct regulation.
Company facts
Target rangeAs of Sep 21, 2026
Latest analyst notes
| Date | Firm | Action | Prior | Current |
|---|---|---|---|---|
| Aug 3, 2026 | UBS | Reiterate | Rating: —Target: $68 | Target: $70 |
| Jul 15, 2026 | Truist Financial | Target | Target: $64 | Target: $65 |
| Jul 15, 2026 | Argus Research | Target | Target: $47 | Target: $70 |
| Jul 15, 2026 | RBC Capital | Reiterate | Rating: —Target: $53 | Target: $65 |
| Jul 15, 2026 | Robert W. Baird | Target | Target: $50 | Target: $62 |
EPSReportedEstimate
RevenueReportedEstimate
Balance sheet, Jun 30, 2026Cash & short-term investments $28.62B · Total debt $732.06B · Total assets $3.50T · Shareholders' equity $301.09B
- Revenue
- $49.39B
- Operating income
- $11.57B
- Net income
- $9.07B
HistoryDividendAnnual yield
| Institutions | 77.37% | 5.41B shares | |
|---|---|---|---|
| 3,755 holders · as of Jun 30, 2026 | |||
| Insiders | 8.28% | 578.72M shares | |
| 28 holders · as of Sep 17, 2026 | |||
| Other | 14.35% | 1.00B shares | |
| remainder | |||
6.99B company shares as of Sep 22, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing
Top shareholders13F · 13D/G · Form 4
| Holder | Stake | Shares | Date |
|---|---|---|---|
Warren E. BuffettInsider | 8.12% | 568.07M | filed Nov 14, 2025 |
BlackRock, Inc.Institution | 7.80% | 545.68M | as of Jun 30, 2026 |
Berkshire Hathaway IncInstitution | 6.91% | 483.39M | as of Jun 30, 2026 |
Vanguard Capital Management LLCInstitution | 6.03% | 421.83M | as of Jun 30, 2026 |
State Street CorpInstitution | 4.29% | 299.78M | as of Jun 30, 2026 |
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| May 5, 2026 | Geoffrey S. Greener | officer: Chief Risk Officer | −126,756 | $53.01 |
| Mar 12, 2026 | Bernard A. Mensah | officer: President, International | −94,000 | $46.94 |
| Mar 5, 2026 | Sheri B. Bronstein | officer: Chief People Officer | −60,000 | $49.91 |
| Mar 4, 2026 | James P. DeMare | officer: Co-President | −83,832 | $50.00 |
| Mar 5, 2026 | Thomas M. Scrivener | officer: Chief Operations Executive | −50,000 | $49.82 |
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Compare
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Bank of America | $56.83 | −1.96% | $411.32B | 13.4 | 11.6 | 2.1 | +19.3% |
| JPMorgan Chase | $340.63 | −3.24% | $943.29B | 15.2 | 14.1 | 3.2 | +27.8% |
| Wells Fargo | $84.19 | −2.72% | $261.71B | 12.5 | 11.2 | 2.0 | +8.6% |
| Citi | $131.68 | −2.50% | $231.60B | 14.6 | 11.3 | 1.3 | +14.3% |
| Morgan Stanley | $198.99 | −3.46% | $325.12B | 16.8 | 15.1 | 2.6 | +36.8% |
| Goldman Sachs | $939.41 | −2.08% | $283.03B | 14.8 | 13.5 | 2.4 | +39.5% |
| Median | 14.8 | 13.5 | 2.4 | +27.8% |