Skip to main content
Smart Investors Daily
Bank of America Corporation logo

NASDAQ · BAC

Bank of America Corporation

Financial Services · Banks - Diversified

$50.68

Up+$0.16 (+0.32%)

Updated Oct 28, 2026, 9:59 AM

SID Score

6.4/10

Composite research score

Smart Money

38/100

Bearish

Market cap
398.5B
P/E ratio
13.74
Dividend yield
2.13%
52-week range
$46.12 – $65.23
Volume
24.59M
Avg. volume
35.1M

Price performance · BAC

BAC price history

1M range · 21 trading sessions · Daily adjusted prices

Prices through Oct 27, 2026

BAC closed at $50.68 after 21 trading sessions, down 7.79% for the selected period.

Last close
$50.68
Period change
-7.79%
Period low
$50.39
Period high
$54.96
Daily close
View OHLC price history
BAC OHLC price history, latest 40 sessions
DateOpenHighLowCloseVolume
Oct 27, 2026$50.935$51.10$50.49$50.6824.59M
Oct 26, 2026$50.725$51.495$50.455$50.5232.36M
Oct 23, 2026$50.73$50.92$50.30$50.5627.38M
Oct 22, 2026$50.44$51.21$50.20$51.0837.44M
Oct 21, 2026$51.085$51.2231$50.52$50.7835.18M
Oct 20, 2026$50.18$51.295$50.01$50.6443.64M
Oct 19, 2026$51.24$51.53$50.20$50.3942.79M
Oct 16, 2026$52.14$52.64$51.21$51.2364.34M
Oct 15, 2026$51.46$52.06$51.09$51.7045.89M
Oct 14, 2026$49.83$51.52$49.255$51.39118.02M
Oct 13, 2026$54.44$54.8499$53.64$53.9645.05M
Oct 12, 2026$54.50$54.93$54.235$54.5823.98M
Oct 9, 2026$53.41$54.395$53.41$54.3228.78M
Oct 8, 2026$52.98$53.61$52.24$53.6159.81M
Oct 7, 2026$53.19$53.68$52.91$53.5230.92M
Oct 6, 2026$54.27$54.455$53.88$54.0925.38M
Oct 5, 2026$54.04$54.3395$53.69$54.0034.99M
Oct 2, 2026$53.89$54.00$53.305$53.7535.09M
Oct 1, 2026$53.91$54.34$52.89$53.7360.05M
Sep 30, 2026$54.92$55.11$54.385$54.4334.02M
Sep 29, 2026$55.40$55.55$54.7339$54.9631.67M

Latest BAC news

The latest Smart Investors Daily articles mentioning BAC.

BAC research

Overview

Company profile and research snapshot.

Company profile

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.

Visit company website

Analyst outlook

Consensus and target data currently published for this company.

Consensus
Buy
Average target
$57.86
Implied upside
—
Analysts
17
BAC recent ratings
DateFirmRatingTarget
Oct 15, 2026BairdOutperform—
Oct 15, 2026RBC CapitalOutperform—
Oct 15, 2026Truist SecuritiesBuy—
Oct 15, 2026Morgan StanleyOverweight—
Oct 15, 2026CitigroupBuy—
Open full forecast

News briefing

Generated Oct 27, 2026, 9:05 PM

Why Is BAC Up Today? AI Infrastructure Deal and Financial Services Activity Drive Modest Gains

Bank of America shares edged up 0.32% today, supported by the bank's participation in a landmark $63 billion AI infrastructure transaction with Broadcom and Anthropic, alongside broader positive sentiment in the financial services sector. The modest gain reflects investor optimism about BAC's positioning in emerging AI opportunities, even as the broader market digests mixed signals from the financial industry.

    Bottom line: Bank of America's participation in a transformational $63 billion AI infrastructure deal provides meaningful exposure to emerging growth trends, supporting today's modest gains, but execution risks and industry-wide AI uncertainties warrant caution. Investors should monitor how effectively BAC monetizes its AI infrastructure involvement while managing compliance risks in an increasingly scrutinized regulatory environment.

    AI research layers

    Interpretive context generated from the platform’s current data sources.

    Bank of America Stock Performance

    Bank of America Corporation shares closed at $50.52, reflecting a daily decline of approximately 0.66%, per SID market data. The stock has experienced significant downward pressure across multiple timeframes, falling 9.76% over the past month and 18.62% over the trailing three months. On a year-over-year basis, BAC has declined 9.63%, underperforming the broader market. Technical indicators confirm bearish momentum, with the 14-day relative strength index registering at 27.8, placing the stock in oversold territory. BAC currently trades well below both its 50-day moving average of $57.73 and its 200-day moving average of $54.72, according to Massive/Polygon data. The stock's beta of 1.304 indicates higher sensitivity to market movements relative to the S&P 500. Average daily trading volume stands at approximately 35.1 million shares, and the company's market capitalization is roughly $398.5 billion.

    Bank of America Valuation Analysis

    Bank of America trades at a price-to-earnings ratio of 13.74, which remains consistent with historical norms for large-cap financial services companies, per SID market data. The stock's PEG ratio stands at 1.83, suggesting the current earnings multiple is moderately elevated relative to the company's projected growth rate. BAC's price-to-book ratio of 1.34 indicates the stock is trading at a modest premium to its book value, a metric closely watched for bank stocks, according to SEC filings. The company offers a dividend yield of approximately 1.98%, providing income support amid the recent share price weakness. Within the Financial Services sector, these valuation metrics position BAC as neither deeply discounted nor significantly overvalued on a fundamental basis. The combination of a sub-14 P/E ratio and a near-2% dividend yield reflects a valuation profile that incorporates measured earnings expectations alongside tangible shareholder returns through dividends.

    Smart Money Activity for BAC

    Bank of America's composite smart money score stands at 38 out of 100, generating a bearish signal, per SID market data. The institutional component scores a perfect 25 out of 25, reflecting robust participation from large asset managers and fund complexes in 13F filings. However, other sub-scores drag the composite lower: the dark pool activity index registers at 9.4 out of 25, the congressional trading indicator sits at 3.2 out of 25, and insider activity scores 0.0 out of 25. According to SEC Form 4 filings, corporate insiders executed five transactions over the past 90 days, comprising three purchases and two sales. The slight skew toward insider buying provides a marginally constructive data point, though the overall volume of insider activity remains modest relative to the company's market capitalization. The divergence between strong institutional positioning and weak scores across other smart money categories creates a mixed composite reading that currently leans bearish overall.

    Bank of America Earnings Outlook

    Bank of America has delivered a mixed but generally positive earnings trajectory across recent quarters, according to company earnings reports. In the most recent reported quarter, BAC posted earnings per share of $1.08, missing the consensus estimate of $1.11 by $0.03. However, the two preceding quarters showed upside surprises: EPS of $1.21 versus the $1.11 estimate in the prior quarter, and $1.11 versus the $1.01 estimate in the quarter before that, each representing a $0.10 positive surprise. For the upcoming quarter, analyst estimates project EPS of $0.99, per consensus forecasts. The sequential decline in estimates suggests analysts are modeling for potential near-term headwinds. Across the three reported periods, BAC's earnings ranged from $1.08 to $1.21, demonstrating relative stability in quarterly profitability. The pattern of beating estimates in two of the last three quarters reflects consistent operational execution despite one modest shortfall.

    Wall Street Analyst Ratings for BAC

    Wall Street consensus on Bank of America remains decidedly constructive, according to recent analyst reports. On October 15, five firms issued or reiterated ratings, with all maintaining bullish stances. Notably, Baird upgraded BAC to Outperform from Neutral, representing the sole rating change among the group, per SID consensus data. RBC Capital maintained its Outperform rating, while Truist Securities reiterated a Buy recommendation. Morgan Stanley held its Overweight rating, and Citigroup maintained its Buy designation. The uniform cluster of positive ratings from major sell-side institutions occurred the day after BAC's quarterly earnings release, suggesting the results reinforced confidence despite the slight EPS miss. The absence of any downgrades or Hold-equivalent ratings among recent coverage updates indicates broad institutional agreement on BAC's forward trajectory. The Baird upgrade is particularly notable, as it transitions from a neutral stance to a conviction call during a period of notable share price weakness and oversold technical conditions.