BAC

Bank of America Corporation BAC logo

NYSE Financials

$61.26

-0.24 (-0.39%)

Updated: 7/17/2026, 8:55:00 PM

Open

$61.25

High

$62.10

Low

$60.73

Prev Close

$61.49

Volume

36.44M

Price History

Why Is BAC ▼ Down Today?

-0.39%

Bank of America dips slightly, shows relative strength against sector

Bank of America shares experienced a minor decline today, yet demonstrated relative resilience by outperforming the broader financial sector, which saw a more significant average decrease. The market continues to digest the company's Q2 2026 earnings report, released earlier this week.

Key Drivers

Sector Outperformance

Bank of America's shares declined by -0.3903%, a smaller drop compared to the financial sector's average change of -1.31%.

Q2 2026 Earnings

Investors are still evaluating the company's Q2 2026 earnings report, which was released on July 14.

Generated by Highly Regarded's proprietary market analysis engine. Not financial advice.

Jul 17 ▼ -0.4% Bank of America dips slightly, shows relative strength against sector

Jul 16 ▼ -0.2% Bank of America edges lower as market digests recent Q2 earnings

Jul 15 ▲ +1.6% Bank of America Rises 1.6% Following Strong Q2 Earnings

Jul 14 ▲ +1.7% Bank of America Rises on Strong Q2 Earnings and Cooling Inflation

Jul 13 ▼ -0.3% Bank of America Dips Ahead of Tomorrow's Q2 Earnings Report

Jul 10 ▲ +0.7% Bank of America Rises, Outperforming Sector Despite Downgrade Concerns

Jul 9 ▲ +1.6% Bank of America Outperforms Sector Amidst Financial Market Gains

Jul 8 ▼ -2.5% Bank of America Shares Decline, Underperforming Financial Sector

Jul 7 — -0.0% Bank of America (BAC) closes flat, outperforms banking sector

Jul 6 ▲ +2.0% Bank of America Outperforms Sector with Strong Gains

Jul 3 — +0.0% Bank of America Shares Flat Amidst Quiet Trading Day

Jul 2 ▲ +0.6% Bank of America Posts Modest Gain, Underperforms Sector

Jul 1 ▲ +2.4% Bank of America climbs, outperforming sector on strong stress test results

Jun 30 ▼ -1.5% Bank of America shares fall, underperforming sector amid hawkish Fed concerns

Jun 29 — +0.0% Bank of America shares end flat, underperforming banking sector

Mar 31 ▲ +1.1% Bank of America (BAC) Climbs Amidst Sector Gains and Analyst Upgrade

Mar 30 ▲ +0.4% Bank of America (BAC) edges higher amid sector-wide gains

Mar 27 ▼ -2.6% Bank of America (BAC) Down Amidst Sector Weakness and Mixed Signals

Mar 26 ▼ -0.8% Bank of America (BAC) Down Slightly Amid Sector Weakness

Mar 25 ▲ +1.4% Bank of America (BAC) Up Slightly Amidst Mixed Sector Sentiment

Mar 24 ▲ +2.4% BAC Climbs on Positive Sector Sentiment, Up 2.36%

Mar 23 ▲ +0.7% BAC Up Slightly Despite Sector Weakness, Analyst Downgrade

Mar 20 ▲ +0.4% Bank of America (BAC) Up Slightly Amid Mixed Sentiment

Mar 19 ▲ +0.5% Bank of America (BAC) Up Slightly Amidst Mixed Signals

Mar 18 ▼ -1.2% Bank of America (BAC) Down Slightly Amid Sector Weakness

Mar 17 ▲ +0.5% Bank of America (BAC) Up Slightly Amidst Sectoral Trends

Mar 16 ▲ +0.7% Bank of America (BAC) Up Slightly Amidst Mixed Signals

Mar 13 ▼ -0.9% Bank of America (BAC) down slightly amid sector weakness

Mar 12 ▼ -2.9% Bank of America (BAC) down amid sector-wide concerns

Mar 11 — -0.0% Bank of America (BAC) Down Slightly Amid Mixed Sentiment

Financial Highlights

Income Statement

Revenue

$107.26B

Gross Profit

N/A

Operating Income

$32.37B

30.2% margin

Net Income

$29.65B

27.6% margin

EPS (Diluted)

$3.66

Balance Sheet

Total Assets

$3.40T

Total Liabilities

$3.10T

Stockholders' Equity

$304.15B

Long-Term Debt

$311.48B

Cash Flow

Operating Cash Flow

$61.47B

Investing Activities

-$134.57B

Net Cash Flow

-$49.08B

Highly Regarded Analysis

Updated Jul 17, 2026 • Refreshes daily

Rating

Highly Regarded

Risk

Medium

Target

$68.00

Type

Standard

Executive Summary

Bank of America (BAC) has demonstrated robust performance, significantly exceeding Q2 2026 earnings expectations with net income jumping 27% and diluted earnings per share (EPS) up 34% year-over-year to $1.21. [1] This strong financial showing was driven by record equities trading revenue, a rebound in dealmaking, and broad-based growth across all four business segments, including Consumer Banking, Global Wealth and Investment Management, Global Banking, and Global Markets. [1, 4] The company's diversified franchise, improving credit quality, and strategic investments in technology and AI underpin a positive outlook, with analysts largely maintaining 'Buy' ratings and anticipating further growth. [9, 28]

Bull Case

The bull case for BAC is predicated on sustained economic expansion and a favorable interest rate environment, which would further bolster net interest income. Continued strength in capital markets, particularly in trading and investment banking, is expected to drive non-interest income. [4, 7] Strategic investments in AI and digital transformation are anticipated to enhance operational efficiencies and widen competitive advantages. [5, 28] Shareholder returns through dividends and ongoing share repurchases, supported by a strong capital position, will also contribute to per-share value creation. [1, 22] Analysts project earnings growth of 11.85% for next year, with optimistic scenarios placing the stock as high as $81.89. [3, 8]

Bear Case

The bear case involves potential headwinds such as a significant slowdown in economic growth, which could dampen loan demand and increase credit losses. [6, 9] A weaker sentiment across the broader banking sector or increased competition for deposits could pressure margins. [20] Any unexpected earnings misses or downward revisions to guidance, particularly if the strong trading and investment banking activity seen in Q2 proves unsustainable, could negatively impact the stock. [7, 8] Furthermore, a more aggressive regulatory environment or unforeseen litigation expenses represent ongoing risks. [9, 20]

Technical Outlook

BAC's stock has recently displayed bullish momentum, hitting new 52-week highs and trading above its 50-day Simple Moving Average (SMA), which acts as a dynamic support level. [13, 25, 29] Over the past month, the share price has increased by 11.3%, and by 19.1% over the last 90 days. [6] While some momentum indicators like the RSI have entered overbought territory, suggesting a potential short-term pullback, the overall trend remains constructive with a clear pattern of higher highs and higher lows. [15, 18, 25] The Moving Average Convergence Divergence (MACD) turned positive on July 14, 2026, historically indicating a continued upward trend in a majority of cases. [15]

Fundamental Health

The fundamental health of Bank of America is strong, marked by impressive Q2 2026 results that saw revenue grow 15% to $31.6 billion and EPS of $1.21, both beating analyst estimates. [1, 12] Net interest income (NII) increased by 9% to approximately $16 billion, and investment banking fees surged 50% year-over-year. [1, 5, 11] The bank's efficiency ratio improved to 59%, reflecting better cost management, and it maintains a healthy common equity Tier 1 (CET1) ratio of 11.2%, comfortably above regulatory minimums. [5, 11, 22] Credit quality continues to improve, with a decrease in the provision for credit losses and the net charge-off ratio. [1]

Key Catalysts

Sustained Net Interest Income (NII) growth, potentially reaching the upper end of the 6% to 8% range for 2026. [5]
Continued strength and recovery in investment banking and trading activities. [1, 7]
Ongoing share repurchase programs and dividend increases. [1, 22]
Successful implementation and scaling of AI and technology initiatives. [5, 28]
Favorable macroeconomic conditions and positive analyst revisions or upgrades. [8]

This analysis was conducted by Highly Regarded's proprietary market analysis engine. It is not financial advice. Always do your own research and consult a financial advisor before making investment decisions.