Curated Wealth Partners LLC Sells 216,478 Shares of Bank of America Corporation $BAC

Posted by Brian Himes on Oct 15th, 2026

Curated Wealth Partners LLC reduced its holdings in shares of Bank of America Corporation (NYSE:BAC) by 86.3% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 34,444 shares of the financial services provider’s stock after selling 216,478 shares during the quarter. Curated Wealth Partners LLC’s holdings in Bank of America were worth $1,875,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in BAC. WealthPlan Investment Management LLC boosted its stake in shares of Bank of America by 71.4% in the 3rd quarter. WealthPlan Investment Management LLC now owns 70,101 shares of the financial services provider’s stock valued at $3,816,000 after purchasing an additional 29,192 shares in the last quarter. Purus Wealth Management LLC grew its stake in Bank of America by 507.7% in the third quarter. Purus Wealth Management LLC now owns 27,536 shares of the financial services provider’s stock worth $1,499,000 after purchasing an additional 23,005 shares during the period. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors boosted its stake in Bank of America by 15.5% during the third quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors now owns 13,743 shares of the financial services provider’s stock worth $748,000 after acquiring an additional 1,844 shares in the last quarter. Nvwm LLC lifted its holdings in shares of Bank of America by 26.9% during the third quarter. Nvwm LLC now owns 60,942 shares of the financial services provider’s stock valued at $3,317,000 after purchasing an additional 12,916 shares during the last quarter. Finally, Covenant Asset Management LLC raised its holdings in Bank of America by 32.7% in the 3rd quarter. Covenant Asset Management LLC now owns 31,416 shares of the financial services provider’s stock worth $1,710,000 after acquiring an additional 7,744 shares during the last quarter. Hedge funds and other institutional investors own 70.71% of the company’s stock.

Key Headlines Impacting Bank of America

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

Positive Sentiment: Management expects at least 8% net interest income growth in 2027, supported by loan and deposit expansion. Third-quarter net interest income rose 8% year over year to approximately $16.4 billion, while average loans increased 6% and deposits grew 2%. BAC Q3 Earnings Call Highlights NII Growth and Trading Pressure
Positive Sentiment: Consumer banking and wealth management were relative bright spots. Wealth-management revenue increased 13% year over year, and the bank returned $8.3 billion to shareholders through dividends and share repurchases. Merrill Lynch’s Fee-Based Advisory Assets Just Hit a Record $1.9 Trillion
Positive Sentiment: Robert W. Baird upgraded BAC to “outperform” with a $62 target, while Keefe, Bruyette & Woods maintained “outperform” with a $65 target. These targets imply meaningful upside from recent trading levels.
Neutral Sentiment: Management said it is addressing software and compliance weaknesses, including hiring roughly 1,000 contractors to patch vulnerabilities identified by Anthropic’s Mythos AI model. The added remediation work increases near-term costs but could reduce operational risk over time. Bank of America hired 1,000 contractors to patch software flaws
Negative Sentiment: Third-quarter adjusted EPS of $1.08 and revenue of roughly $30.0 billion missed consensus estimates. Reported EPS was $0.91, down from $1.04 a year earlier, after a $1.2 billion non-tax-deductible regulatory charge. Bank of America profit hurt by $1.2 billion fine
Negative Sentiment: Regulators cited failures to report more than $5 billion in suspicious transactions and sanctions-compliance violations, producing penalties exceeding $1.2 billion and raising concerns about lingering compliance costs and management oversight.
Negative Sentiment: Fixed-income trading revenue fell 17%, investment-banking activity weakened, and expenses grew faster than revenue. TD Cowen cut its target to $56 and Morgan Stanley reduced its target to $61, reflecting continued earnings and cost concerns.

Bank of America Stock Performance

NYSE:BAC traded up $0.42 during midday trading on Thursday, reaching $51.81. The stock had a trading volume of 19,223,709 shares, compared to its average volume of 37,502,891. Bank of America Corporation has a 12-month low of $46.12 and a 12-month high of $65.22. The company has a quick ratio of 0.82, a current ratio of 0.83 and a debt-to-equity ratio of 1.23. The firm has a fifty day simple moving average of $59.51 and a two-hundred day simple moving average of $56.69. The stock has a market cap of $362.27 billion, a P/E ratio of 11.88, a P/E/G ratio of 0.87 and a beta of 1.21.

Bank of America (NYSE:BAC – Get Free Report) last posted its quarterly earnings data on Wednesday, October 14th. The financial services provider reported $1.08 EPS for the quarter, missing analysts’ consensus estimates of $1.10 by ($0.02). The company had revenue of $29.96 billion for the quarter, compared to analyst estimates of $30.58 billion. Bank of America had a net margin of 17.56% and a return on equity of 12.20%. The firm’s revenue was up 3.2% on a year-over-year basis. During the same period in the previous year, the business earned $1.06 EPS. On average, equities analysts expect that Bank of America Corporation will post 4.60 EPS for the current year.

Bank of America Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, September 25th. Stockholders of record on Friday, September 4th were given a dividend of $0.32 per share. This is a boost from Bank of America’s previous quarterly dividend of $0.28. This represents a $1.28 annualized dividend and a dividend yield of 2.5%. The ex-dividend date was Friday, September 4th. Bank of America’s payout ratio is presently 29.36%.

Analyst Ratings Changes

BAC has been the topic of several recent analyst reports. JPMorgan Chase & Co. decreased their price objective on shares of Bank of America from $68.00 to $62.00 and set an “overweight” rating on the stock in a research report on Friday, October 2nd. Morgan Stanley lowered their target price on Bank of America from $67.00 to $61.00 and set an “overweight” rating for the company in a report on Thursday. Royal Bank Of Canada decreased their price target on Bank of America from $65.00 to $60.00 and set an “outperform” rating for the company in a research note on Thursday. Robert W. Baird upgraded Bank of America from a “neutral” rating to an “outperform” rating and set a $62.00 target price on the stock in a research note on Thursday. Finally, HSBC initiated coverage on Bank of America in a research report on Monday, September 28th. They issued a “buy” rating and a $65.00 target price on the stock. Twenty equities research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $62.78.

Check Out Our Latest Research Report on Bank of America

Bank of America Company Profile

(Free Report)

Bank of America Corporation (NYSE:BAC) is a diversified financial services company serving individual consumers, small businesses, middle-market companies and large corporations. Its principal businesses include consumer banking, wealth and investment management, commercial banking, corporate and investment banking, and sales and trading.

Through its banking and financial services businesses, the company offers deposit accounts, credit cards, mortgages, home equity products, consumer and business loans, payment services, treasury management, brokerage services and investment advice.