BAC · NYQ S&P 500

Bank of America Corporation

Financial services · Diversified banks

$50.68 +$0.13 (+0.26%) Nov 10, 2026

Session of Nov 10, 2026 · updated Nov 11, 2026, 10:26 · Source: Yahoo Finance

Consensus of 25 analysts

Buy

Median price target $62.00 +22.3%

Open: $50.88
Day range: 50.44 – $51.07
52-week range: 46.12 – $65.23
Volume: 22,683,510
Market cap: $349,703M
P/E (TTM): 12.1x
EPS (TTM): $4.19
EPS est. 2026: $4.37
P/E est. 2026: 11.6x
Dividend yield: 2.3%
Beta: 1.19
Payout: 28%

Analyst summary

Generated with AI · Nov 11, 2026, 18:13

Bank of America combines consumer banking, wealth management, corporate lending and markets, giving it broad exposure to US financial activity. Q3 2026 revenue increased, but net income and EPS fell year on year, and quarterly EPS missed consensus after three preceding quarterly beats. Analysts expect EPS growth to resume, with estimates implying a lower forward P/E than the current multiple. The 2.3% trailing dividend yield and 12.1x P/E complement a consensus Buy rating, though recent earnings weakness warrants attention.

1Q3 2026 revenue rose +3.2% year on year to $29,958M, while net income fell −16.8% to $6,933M.
2Q3 EPS of $0.910 missed the $1.107 estimate by −17.8%.
3Analysts’ median target of $62.00 implies +22.3% upside from the quoted share price.

Bank of America financials

Q3 2026 results, quarter ended Sep 30, 2026

Metric	Q3 2026	1-year change
Total revenue	$29,958M	+3.2%
Net income	$6,933M	−16.8%
Earnings per share	$0.91	−14.2%
Net margin	23.1%	−5.5 pp
Free cash flow	−$6,499M	−113.9%
Debt / equity	1.28	+6.8%

Revenue and net income ($M)

Total revenueNet income

Quarter	Total revenue	Net income
Q2 2025	$27,443M	$7,170M
Q3 2025	$29,040M	$8,332M
Q4 2025	$31,180M	$7,528M
Q1 2026	$30,272M	$8,584M
Q3 2026	$29,958M	$6,933M

Q3 2026 revenue rose +3.2% year on year to $29,958M, but net income declined −16.8% to $6,933M and net margin narrowed −5.5 pp to 23.1%. The quarterly series shows revenue easing from $31,180M in Q4 2025 to $29,958M in Q3 2026, while profit was lower than in each listed preceding quarter. EPS followed a similar pattern: after beats in Q4 2025, Q1 2026 and Q2 2026, Q3 2026 EPS of $0.910 missed the $1.107 estimate by −17.8% and fell −14.2% year on year.

Annual EPS rose from $3.810 in 2025 to an estimated $4.368 in 2026 and $5.096 in 2027; the corresponding forward P/Es are 11.6x and 9.9x, versus the current 12.1x. The reported free cash flow of −$6,499M and debt/equity of 1.28 are not representative measures for banks. On the supplied figures, the valuation looks lower on forward earnings, but depends on the expected EPS recovery.

Written by AI · Nov 11, 2026, 18:13

Bank of America earnings per share (EPS)

Consensus estimates

Period	EPS est.	1-year change
Current quarterQ4 2026 · Analysts: 14	$1.1031.05 – 1.13	+12.5%$0.980
Next quarterQ1 2027 · Analysts: 8	$1.1991.08 – 1.30	+8.0%$1.110
Current year2026 · Analysts: 18	$4.3684.27 – 4.72	+14.6%$3.810
Next year2027 · Analysts: 17	$5.0964.58 – 5.30	+16.7%$4.368

Forward P/E: 11.6x (2026) and 9.9x (2027) at the current price.

Actual and estimated EPS ($)

Actual EPSEstimated EPS

Quarter	Actual EPS	Estimated EPS
Q2 2025	$1.039	—
Q3 2025	$1.060	—
Q4 2025	$0.980	$0.959
Q1 2026	$1.110	$1.020
Q2 2026	$1.210	$1.123
Q3 2026	$0.910	$1.107
Q4 2026	—	$1.103
Q1 2027	—	$1.199

Year	Actual EPS	Estimated EPS
2022	$3.190	—
2023	$3.080	—
2024	$3.210	—
2025	$3.810	—
2026	—	$4.368
2027	—	$5.096

EPS trend

Quarter	EPS	YoY change
Q1 2027Estimated	$1.199	+8.0%
Q4 2026Estimated	$1.103	+12.5%
Q3 2026	$0.910est. $1.107 · surprise −17.8%	−14.2%
Q2 2026	$1.210est. $1.123 · surprise +7.7%	+16.4%
Q1 2026	$1.110est. $1.020 · surprise +8.8%	n/a
Q4 2025	$0.980est. $0.959 · surprise +2.2%	n/a
Q3 2025	$1.060	n/a
Q2 2025	$1.039	n/a

Year	EPS	Annual change
2027Estimated	$5.096	+16.7%
2026Estimated	$4.368	+14.6%
2025	$3.810	+18.7%
2024	$3.210	+4.2%
2023	$3.080	−3.4%
2022	$3.190	n/a

Normalised EPS according to the analyst consensus collected by Yahoo Finance; it may differ from the reported EPS in the results table.

Bank of America dividend

Yield and payments

Dividend yield (TTM)	2.3%
Forward yield (next 12m)	2.5%
Dividend per share (TTM)	$1.16
Forward dividend (next 12m)	$1.28
Payout (TTM)	28%
Last dividend	$0.32Sep 4, 2026
Next ex-dividend date	Dec 4, 2026

Dividend per share by year ($)

PaidEstimated

Year	Dividend per share
2019	$0.66
2020	$0.72
2021	$0.78
2022	$0.86
2023	$0.92
2024	$1.00
2025	$1.08
est. 12m	$1.28

Bank of America offers a 2.3% trailing dividend yield and a 2.5% estimated forward yield. Trailing dividends total $1.16 per share, while the estimated next-12-month amount is $1.28; the stated payout ratio is 28%. The latest reported dividend was $0.32, with an ex-date of Sep 4, 2026, and the next ex-date is Dec 4, 2026.

The annual dividend has increased in each year shown, from $0.66 in 2019 to $1.08 in 2025, with $1.28 estimated for the next 12 months. This record and the stated payout indicate scope for distributions to remain supported if earnings develop broadly in line with estimates, although the latest quarterly EPS decline is a relevant near-term consideration.

Written by AI · Nov 11, 2026, 18:13

Bank of America forecasts

25 analyst ratings

Buy88% Hold12% Sell0%

Consensus: Buy · 22 buy, 3 hold, 0 sell

1-year price forecast

Share price Price target (high, median, low)

12-month price targets
Target	Price	Upside
High	$71.00	+40.1%
Median	$62.00	+22.3%
Low	$56.00	+10.5%

Monthly close (last 12 months)
Date	Close
Nov 28, 2025	$53.65
Dec 31, 2025	$55.00
Jan 30, 2026	$53.20
Feb 27, 2026	$49.83
Mar 31, 2026	$48.75
Apr 30, 2026	$53.46
May 29, 2026	$51.60
Jun 30, 2026	$56.98
Jul 31, 2026	$61.95
Aug 31, 2026	$61.94
Sep 30, 2026	$54.43
Oct 30, 2026	$50.01
Nov 10, 2026	$50.68

Analyst sentiment is positive: of 25 analysts, 22 (88%) rate the shares Buy, three (12%) Hold and none Sell. The consensus is Buy. The median price target is $62.00, implying +22.3% potential from the quoted price; the target range runs from $56.00 (+10.5%) to $71.00 (+40.1%).

EPS consensus points to a recovery after the Q3 2026 miss: estimates are $1.103 for Q4 2026 and $1.199 for Q1 2027, with year-on-year growth of +12.5% and +8.0%, respectively. Full-year estimates call for $4.368 in 2026 and $5.096 in 2027. These expectations support the constructive ratings, but their delivery is important given the latest quarterly decline.

Written by AI · Nov 11, 2026, 18:13

Bank of America peers

Ticker	Company	Market cap ($M)	P/E	Price ($)	1-day change	52-week range
BAC	Bank of America	349,703	12.1x	50.68	+0.26%	46.1265.23
JPM	JPMorgan Chase	908,404	14.3x	342.07	0.00%	279.10366.50
WFC	Wells Fargo	256,988	12.1x	85.61	−0.17%	72.7897.76
C	Citigroup	202,382	11.9x	122.27	+0.25%	95.83147.96
BNY	BNY Mellon	101,702	16.7x	151.14	−0.06%	105.42165.84
SAN.MC	Banco Santander	161,600	12.3x	11.21 €	−0.43%	8.7213.12

Stocks quoted in another currency are shown in their trading currency.

Risks, catalysts and conclusion

Generated with AI · Nov 11, 2026, 18:13

Risks

A continuation of Q3’s year-on-year declines in net income and EPS could undermine the expected earnings recovery.
Further quarterly EPS misses could challenge analyst estimates of $4.368 for 2026 and $5.096 for 2027.
A lower net margin, following the Q3 contraction, could constrain profit growth even if revenue continues to rise.

Catalysts

Delivery of the $1.103 Q4 2026 EPS estimate could reinforce expectations for a near-term earnings recovery.
Achieving the $5.096 2027 EPS consensus could support the lower 9.9x estimated forward P/E being applied to earnings.
Continued annual dividend growth towards the estimated $1.28 per share could strengthen the income appeal of the shares.

Conclusion

Bank of America’s diversified banking operations, 12.1x current P/E and rising dividend provide a supportive valuation and income backdrop. Analyst expectations are constructive, with projected EPS growth and a median target above the current share price. However, Q3’s lower profit and EPS miss show that the recovery is not assured. The investment case therefore hinges on a return to earnings growth and delivery against forward estimates.

Analysis written automatically by AI from Yahoo Finance market data on Nov 11, 2026, 18:13.

This content is for information only and is not financial advice or a recommendation to buy or sell securities. Ratings and price targets come from third-party analysts. Investing in the stock market involves the risk of losing capital.

Bank of America Corporation

Analyst summary

Bank of America financials

Q3 2026 results, quarter ended Sep 30, 2026

Revenue and net income ($M)

Bank of America earnings per share (EPS)

Consensus estimates

Actual and estimated EPS ($)

EPS trend

Bank of America dividend

Yield and payments

Dividend per share by year ($)

Bank of America forecasts

25 analyst ratings

1-year price forecast

Bank of America peers

Risks, catalysts and conclusion

Risks

Catalysts

Conclusion

What the AI agents think about Bank of America

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