Yahoo · Sep 29, 2026
Bank of America makes fresh 33% call on surging quantum stock
Here’s what could happen to its shares next.
NASDAQ · BACRP
Bank of America Corporation PFD SER B 7%
Financial Services · Banks - Diversified
$300.00
Up+$0.00 (+0.00%)
Updated Sep 30, 2026, 8:19 AM
SID Score
7.3/10
Composite research score
Smart Money
46/100
Neutral
- Market cap
- 1.79T
- P/E ratio
- 13.74
- Dividend yield
- 2.92%
- 52-week range
- — – —
- Volume
- 12
- Avg. volume
- 1
Price performance · BACRP
BACRP price history
1M range · 0 trading sessions · Daily adjusted prices
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The latest Smart Investors Daily articles mentioning BACRP.
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BACRP research
Overview
Company profile and research snapshot.
Company profile
BANK OF AMERICA 7.00B PFD
Visit company websiteAnalyst outlook
Consensus and target data currently published for this company.
- Consensus
- Buy
- Average target
- —
- Implied upside
- —
- Analysts
- 17
| Date | Firm | Rating | Target |
|---|---|---|---|
| Aug 3, 2026 | UBS | Buy | — |
| Jul 29, 2026 | JP Morgan | Overweight | — |
| Jul 17, 2026 | Evercore ISI Group | Outperform | — |
| Jul 15, 2026 | RBC Capital | Outperform | — |
| Jul 15, 2026 | Baird | Neutral | — |
News briefing
Generated Sep 29, 2026, 9:05 PM
What's Happening With BACRP? Bank of America's Research Activity Signals Conviction Across Growth Sectors
Bank of America has been notably active in equity research and strategic positioning, issuing multiple bullish calls across quantum computing, semiconductor, and leisure stocks while simultaneously advancing AI-powered treasury solutions for clients. While BACRP itself (a preferred share with fixed 7% dividend) is not directly impacted by equity calls, the underlying bank's research activity and growth investments suggest operational momentum that could support the parent company's financial health and dividend sustainability.
Bottom line: Bank of America's active research posture and growth investments in AI and emerging sectors suggest management confidence in market opportunities and the bank's competitive positioning. For BACRP investors, the key consideration is whether BAC's earnings growth materializes sufficiently to maintain comfortable dividend coverage—the recent activity signals management sees runway for growth, but investors should monitor quarterly results to confirm execution. Watch for Q3/Q4 earnings reports, particularly net interest margin trends and investment banking revenue, as these directly impact BAC's capacity to sustain preferred dividends.
Yahoo · Sep 29, 2026
Bank of America resets AMD price target after major milestone
AMD just crossed a line no chip company has crossed before. Bank of America noticed.
Yahoo · Sep 29, 2026
MongoDB (MDB): CEO Exit Puts Strategy Under Scrutiny Ahead of Investor Day
MongoDB, Inc. (NASDAQ:MDB) is heading into its annual Investor Day with a sudden leadership transition after President and CEO Chirantan “CJ” Desai stepped down effective immediately to pursue a senior role at Meta Platforms, Inc. The company appointed former CEO Dev Ittycheria as interim President and CEO while beginning a search for a permanent successor. […]
Yahoo · Sep 29, 2026
IonQ (IONQ): BofA Sees Upside as Quantum Roadmap Gains Commercial Traction
IonQ, Inc. (NYSE:IONQ) is entering a potentially important phase of its quantum-computing roadmap, with Bank of America initiating coverage on September 28 with a Buy rating and a $60 price target. BofA described IonQ as the largest public pure-play quantum company by revenue and highlighted its semiconductor-enabled approach to scaling qubit counts, broad customer engagement […]
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Interpretive context generated from the platform’s current data sources.
Bank of America Corporation PFD SER B 7% Stock Performance
Bank of America Corporation PFD SER B 7% (BACRP) currently trades at $300.00, per SID market data, reflecting the preferred share's premium positioning relative to its fixed 7% dividend coupon. The security carries a beta of 1.3037, indicating moderately higher volatility than the broader market, which is notable for a preferred equity instrument that typically exhibits lower sensitivity to market swings. Average daily trading volume stands at approximately 1 share according to Massive/Polygon data, underscoring the extremely illiquid nature of this preferred series. The total market capitalization attributed to Bank of America stands at approximately $1.79 trillion per SID market data. Given the minimal trading activity, price discovery for BACRP remains constrained, and bid-ask spreads may be substantially wider than those observed in more actively traded preferred securities within the financial services sector.
Bank of America Corporation PFD SER B 7% Valuation Analysis
Bank of America's common equity trades at a price-to-earnings ratio of 13.74 and a price-to-book ratio of 1.34, per SEC filings and SID market data, positioning the parent company at a moderate valuation within the financial services sector. The PEG ratio stands at 1.83, suggesting earnings growth is priced at a slight premium relative to the broader market benchmark of 1.0. For the preferred Series B specifically, the 7% fixed coupon translates to a current dividend yield of approximately 1.98% at the $300.00 price level according to SID market data. This yield falls below many comparable preferred securities in the banking sector, implying that the market prices BACRP at a significant premium to par value. Investors evaluating this instrument should reference the original par value and call provisions disclosed in SEC filings to assess potential redemption risk at current price levels.
Smart Money Activity for BACRP
The composite smart money score for BACRP registers at 46 out of 100 with a neutral signal, per SEC Form 4 filings and 13F institutional filings, indicating no decisive directional conviction from sophisticated market participants. Breaking down the components, insider activity scores 12.5 out of 25, reflecting limited but balanced transaction patterns among Bank of America's corporate officers and directors. Institutional positioning scores 13.0 out of 25, suggesting moderate but unremarkable participation from large asset managers in this preferred series. Dark pool activity registers notably low at 8.5 out of 25 per 13F institutional filings, consistent with the security's extremely thin average trading volume of just 1 share per day. Congressional trading activity scores 12.0 out of 25, indicating no material legislative insider positioning. The overall neutral reading suggests that neither accumulation nor distribution patterns are currently evident among tracked smart money participants in BACRP.
Bank of America Corporation PFD SER B 7% Earnings Outlook
No recent earnings data specific to the BACRP preferred series is available, as preferred shares do not carry independent earnings reports. However, the parent company Bank of America maintains a P/E ratio of 13.74 per company earnings reports, reflecting the underlying profitability supporting all classes of equity including preferred dividends. The 7% fixed coupon obligation on Series B preferred shares represents a senior claim on earnings relative to common equity dividends, providing a structural layer of protection for preferred holders. Bank of America's market capitalization of approximately $1.79 trillion according to SID market data underscores the scale of the institution's earnings base. The PEG ratio of 1.83 per analyst estimates suggests moderate forward earnings growth expectations for the parent entity. Preferred dividend coverage remains a critical metric for BACRP holders, as any deterioration in core bank earnings could affect the security's risk profile.
Wall Street Analyst Ratings for BACRP
Wall Street coverage of Bank of America reflects a predominantly constructive stance on the parent company, per Wall Street analyst reports and SID consensus data. UBS reiterated a Buy rating on August 3, 2026, while JP Morgan maintained an Overweight designation on July 29, 2026. Evercore ISI Group and RBC Capital both reaffirmed Outperform ratings on July 17 and July 15, 2026, respectively. Baird represents the sole neutral voice among recent coverage, maintaining a Neutral rating as of July 15, 2026. Of the five most recent analyst actions, four carry bullish designations, yielding an 80% positive consensus ratio. Notably, all five ratings represent reiterations rather than upgrades or downgrades, suggesting stable analyst sentiment. While these ratings primarily address Bank of America's common equity, the parent company's fundamental outlook directly influences the creditworthiness and dividend sustainability of the Series B 7% preferred shares traded under BACRP.
