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Bank of America posts 34% EPS growth, UBS raises price target with 13% upside potential

Company Fundamentals
03 Aug 2026
Andrew Wynn
View Source
Bullish
Bank of America posts 34% EPS growth, UBS raises price target with 13% upside potential

Bank of America reported a strong 34.4% year-over-year growth in Q2 2026 earnings per share (EPS) to $1.22, driven by record net interest income and a 33% rise in trading revenue. UBS raised its price target for the stock to $70 from $68, implying a potential 13% upside from the current price of $61.95. The bank also increased its dividend by 14%, and Goldman Sachs included it in its August Conviction List, signaling strong confidence in the bank's financial health and growth prospects.

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