Bank of America (BAC) Expected to Announce Quarterly Earnings on Wednesday

Bank of America (NYSE:BACGet Free Report) will likely be announcing its Q1 2026 results before the market opens on Wednesday, April 15th. Analysts expect the company to announce earnings of $0.9960 per share and revenue of $29.7206 billion for the quarter. Investors may visit the the company’s upcoming Q1 2026 earning results page for the latest details on the call scheduled for Wednesday, April 15, 2026 at 8:30 AM ET.

Bank of America (NYSE:BACGet Free Report) last announced its quarterly earnings data on Wednesday, January 14th. The financial services provider reported $0.98 earnings per share for the quarter, topping analysts’ consensus estimates of $0.96 by $0.02. The business had revenue of $4.53 billion for the quarter, compared to analysts’ expectations of $27.73 billion. Bank of America had a net margin of 16.23% and a return on equity of 11.07%. The business’s revenue was up 12.3% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.82 earnings per share. On average, analysts expect Bank of America to post $4 EPS for the current fiscal year and $4 EPS for the next fiscal year.

Bank of America Price Performance

Shares of BAC opened at $52.56 on Monday. The stock has a market cap of $375.56 billion, a PE ratio of 13.72, a price-to-earnings-growth ratio of 0.92 and a beta of 1.23. The company has a debt-to-equity ratio of 1.15, a quick ratio of 0.80 and a current ratio of 0.80. Bank of America has a fifty-two week low of $34.81 and a fifty-two week high of $57.55. The firm’s 50-day simple moving average is $50.59 and its two-hundred day simple moving average is $52.20.

Bank of America Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 27th. Shareholders of record on Friday, March 6th were issued a $0.28 dividend. This represents a $1.12 dividend on an annualized basis and a yield of 2.1%. The ex-dividend date was Friday, March 6th. Bank of America’s dividend payout ratio is 29.24%.

Bank of America News Roundup

Here are the key news stories impacting Bank of America this week:

Insider Buying and Selling

In related news, insider Thomas M. Scrivener sold 50,000 shares of the firm’s stock in a transaction that occurred on Thursday, March 5th. The shares were sold at an average price of $49.82, for a total value of $2,491,000.00. Following the sale, the insider owned 227,973 shares in the company, valued at approximately $11,357,614.86. This trade represents a 17.99% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, insider Bernard A. Mensah sold 94,000 shares of the firm’s stock in a transaction that occurred on Thursday, March 12th. The stock was sold at an average price of $46.94, for a total transaction of $4,412,360.00. Following the completion of the sale, the insider owned 170,184 shares in the company, valued at $7,988,436.96. This represents a 35.58% decrease in their position. The SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 227,832 shares of company stock worth $11,094,960. 0.27% of the stock is owned by insiders.

Institutional Investors Weigh In On Bank of America

Several institutional investors and hedge funds have recently added to or reduced their stakes in BAC. Wiser Advisor Group LLC purchased a new stake in Bank of America in the third quarter worth approximately $27,000. CrossGen Wealth LLC purchased a new stake in Bank of America in the fourth quarter worth approximately $30,000. Osterweis Capital Management Inc. purchased a new stake in Bank of America in the third quarter worth approximately $36,000. Gilpin Wealth Management LLC purchased a new stake in Bank of America in the fourth quarter worth approximately $36,000. Finally, Caitong International Asset Management Co. Ltd purchased a new stake in Bank of America in the fourth quarter worth approximately $40,000. Hedge funds and other institutional investors own 70.71% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently commented on the stock. Argus increased their price target on shares of Bank of America from $58.00 to $59.00 and gave the company a “buy” rating in a report on Thursday, January 15th. Wells Fargo & Company increased their price target on shares of Bank of America from $62.00 to $65.00 and gave the company an “overweight” rating in a report on Monday, January 5th. The Goldman Sachs Group increased their price target on shares of Bank of America from $57.00 to $58.00 and gave the company a “buy” rating in a report on Monday, April 6th. Autonomous Res cut their price target on shares of Bank of America from $62.00 to $54.00 and set a “neutral” rating on the stock in a report on Monday, April 6th. Finally, HSBC upgraded shares of Bank of America from a “hold” rating to a “buy” rating and set a $57.00 price target on the stock in a report on Wednesday, April 1st. Twenty-three analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. According to MarketBeat.com, Bank of America currently has a consensus rating of “Moderate Buy” and a consensus price target of $59.10.

View Our Latest Report on Bank of America

Bank of America Company Profile

(Get Free Report)

Bank of America Corporation is a multinational financial services company headquartered in Charlotte, North Carolina. It provides a broad array of banking, investment, asset management and related financial and risk management products and services to individual consumers, small- and middle-market businesses, large corporations, governments and institutional investors. The firm operates through consumer banking, global wealth and investment management, global banking and markets businesses, offering capabilities across lending, deposits, payments, advisory and capital markets.

Its consumer-facing offerings include checking and savings accounts, mortgages, home equity lending, auto loans, credit cards and small business banking, supported by a nationwide branch network and digital channels.

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Earnings History for Bank of America (NYSE:BAC)

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