Bank of America is rated a Strong Buy with a price target of $78, implying a 26% upside from the current $62. The bank's strong earnings growth is driven by rising net interest income, stronger fee businesses, operating leverage, and aggressive share buybacks. In Q2 2026, revenue rose 15% year-over-year, net income increased 27%, and return on tangible common equity reached 17%, with growth across all major segments. Despite a forward P/E of 13.41x, its forward EPS growth of 18.11% and PEG ratio of 0.86 suggest it is undervalued compared to peers, making it an attractive investment opportunity.
Bank of America forecasts the Federal Reserve will raise interest rates at its October 28 meeting, contrasting with market expectations that give the hike only a 20% chance. The bank cites rising inflation, particularly core PCE inflation, as justifi...
A class action lawsuit has been filed against Bank of America for alleged violations of federal securities laws between August 2025 and October 2026. The suit claims the bank failed to properly monitor transactions and comply with anti-money launderi...
Bank of America's stock fell to its lowest since May after missing earnings expectations and facing a regulatory penalty. The stock broke below a significant trend line from April 2025, fitting an Elliott Wave ending diagonal pattern that suggests mo...
Bank of America is under investigation after the U.S. Treasury Department fined the bank approximately $1.21 billion for failing to comply with anti-money laundering regulations and U.S. sanctions. Regulators found the bank neglected to properly inve...
In the 91st week of President Trump's second term, Congress voted unanimously (420-0) to publicly release taxpayer-funded sexual misconduct settlement records. The Trump administration also reported significant actions including dismantling millions ...
