Bank of America CorporationNYSE: BAC
Financials · Diversified Banks
$53.33
-0.25%
Vol: 18.6M
Research Digest
Friday, May 1, 2026
Bank of America Q1 2026 EPS hit $1.11 (25% increase), highest in nearly 2 decades; multiple analysts raised price targets to $59-61
Bank of America reported Q1 2026 net income of $8.6B (up 17%) with diluted EPS of $1.11, highest in almost 2 decades. Revenue grew 7.2% to $30.43B on higher net interest income and trading revenue. Credit provision of $1.3B came in below $1.5B a year earlier. Daiwa Securities raised PT to $61; Piper Sandler and Truist to $59 and $61 respectively. Bank has topped EPS expectations 23 consecutive quarters.
Previous Market Intelligence
13 daysApr 30Bank of America Q1 net income rises 17% YoY; analysts raise price targets to $59-61 amid stronger net interest income outlookPositive▶
BAC reported strong Q1 2026 with 17% net income growth YoY; net interest income guidance raised. Stock trading $51.83-53.02 with P/E 13.11, dividend yield 2.1%. Truist raised PT to $61 from $57; Piper Sandler to $59 from $53. Bank data shows wage growth gap largest since 2015; lower-income households spending 8% on gas (vs 4% for higher earners). Declared $0.28 quarterly dividend. Limited overnight catalysts. Risk: recession concerns, NII compression if rates fall further.
Apr 29Bank of America reports Q1 2026 results: net income +17% to $8.6B, EPS $1.11 (highest in ~2 decades), net interest income guidance raised to 6%-8%Positive▶
BAC reported strong Q1 2026 results on April 15: net income +17% YoY to $8.6B, EPS $1.11 vs. $0.81 estimate (highest in ~20 years). Revenue climbed 7.2% to $30.43B on higher net interest income, trading revenue, and investment banking/asset management fees. Company raised 2026 net interest income guidance from 5-7% to 6-8% based on Q1 outperformance. Dividend: $0.28/share payable June 26. CEO noted solid consumer spending, improving credit quality, and higher corporate client usage. P/E: 13.06, dividend yield: 2.1%.
Apr 16Bank of America beats Q1 2026 earnings with $1.11 EPS vs $1.01 estimate and $30.3B revenue; net income rises 17% YoY to $8.6BPositive▶
Bank of America reported strong Q1 2026 results on April 15, 2026, delivering earnings per share of $1.11, significantly beating the analyst consensus of $1.01. Revenue of $30.3 billion exceeded expectations of $29.92 billion and rose 7% year-over-year. The bank's net income increased 17% to $8.6 billion, with average loans and leases growing 9% to $1.19 trillion. Investment banking fees jumped 21%, signaling corporate confidence. Bank of America returned $9.3 billion to shareholders through dividends and share repurchases. The bank disclosed approximately $20 billion in private-credit exposure.
Apr 15Bank of America reports Q1 2026 earnings today (April 15) with expected EPS of $1.01; involved in $14B Oracle Michigan data center financing dealNeutral▶
Bank of America reporting Q1 2026 results today with expectations of $1.01 EPS and $29.92B revenue. The bank has achieved 14 consecutive EPS beats. Recently involved in $14 billion debt facility for Oracle Michigan data center. Berkshire Hathaway has been trimming its approximately 8.6% stake.
Apr 14Bank of America Q1 earnings expected April 15 with 10% YoY revenue growth; $14B Oracle data center debt facilityPositive▶
Q1 earnings April 15 with expected revenue $29.64B and EPS $0.99. Arranging $14B debt facility for Oracle Michigan data center. Consensus Buy with $58.18 PT.
Apr 13Bank of America Q1 2026 Earnings Due April 15; Analyst EPS Estimates BoostedNeutral▶
Bank of America will report Q1 2026 results on April 15 (6:45 a.m. ET) with investor call at 8:30 a.m. ET. Expected revenue ~$29.76B and EPS $0.996. Erste Group raised FY2026 EPS estimate to $4.34 from $4.32. Company announced $3B redemption of senior notes due April 23. Massachusetts Financial Services reduced stake by 10.5% in Q4.
Apr 10Bank of America reports Q1 2026 results April 15 with analyst expectations of 10% EPS growth.Positive▶
Bank of America will report Q1 2026 results Wednesday April 15. Analysts expect 10% YoY EPS growth to $0.99. CashPro app usage surged 20%. Bank announced redemption of $3B senior notes. Regulatory draft rules could free $320B capital for U.S. banks. Stock at $51.45 with analyst consensus Buy and $58.18 average target.
Apr 9Bank of America poised for Q1 earnings with strong NII outlookNeutral▶
Bank of America is positioned for solid first-quarter earnings with strong net interest income growth expected. Goldman Sachs raised the price target to $58, and the CashPro app saw a 20% year-over-year increase in sign-ins with record $1.2 trillion in payment value approved. The bank is planning redesigned payment approval and digital identity verification features later in 2026 and will redeem $3 billion in senior notes on April 23. Q1 earnings expected April 15 with 10% EPS growth projected.
Apr 8Bank of America explores $14B debt financing with Pimco for Oracle data center; Goldman raises PT to $58.Positive▶
Bank of America in preliminary talks with Pimco for $14B debt financing for Oracle Michigan data center supporting OpenAI applications. Goldman Sachs raised BAC target to $58 from $57 amid Q1 2026 expectations. Evercore ISI maintained Buy. Bank commits $25 billion to private credit expansion.
Apr 7Bank of America warns of potential stagflation from Iran war but analysts see 30% upside from capital strength.Mixed▶
Bank of America warned the Iran conflict and $100 oil could keep the global economy in mild stagflation with U.S. growth slowing to 2.3% and inflation rising to 3.6%. Despite macroeconomic concerns, Jefferies and Oppenheimer upgraded BAC citing 5-7% net interest income growth, strong consumer deposits, and improving returns. Goldman Sachs raised its price target to $58 from $57 with a Buy rating. Shares trade at $50.03 with an average analyst target of $61, implying roughly 30% upside. Recent news noted Berkshire Hathaway reducing its BAC stake.
Apr 6BofA warns of mild stagflation from $100 oil; HSBC upgrades to Buy.Mixed▶
BofA warns $100 oil could cause mild stagflation with US growth slowing to 2.3% and inflation rising to 3.6%. HSBC upgraded to Buy. Stock showing 30% upside per analyst consensus. Top picks for Q2 2026 published.
Apr 3HSBC upgrades Bank of America to Buy; Goldman Sachs removes BAC from Conviction List as bank navigates macro headwinds.Mixed▶
Bank of America was upgraded to Buy from Hold by HSBC on April 1. Goldman Sachs removed BAC from its US Conviction List. The bank generated record net income of $30.5B in 2025. BAC authorized a $40B share repurchase program with quarterly buybacks of $4.5B. The bank is committing $25B to private credit. BAC warns of risks from inflation and economic growth concerns. Zacks expects 13.4% EPS growth for 2026.
Apr 1Bank of America upgraded to Buy at HSBC today as analysts favor earnings growth outlook amid net interest income projections.Positive▶
Bank of America received a Buy upgrade from HSBC today following analyst support from Jefferies, which initiated coverage with a $60 price target highlighting favorable earnings and operational leverage prospects. The bank is expanding into private credit with a $25 billion commitment and rolling out AI-powered meeting tools across wealth management units. However, recent news of Berkshire Hathaway reducing its stake raised investor sentiment concerns. BAC agreed to pay $72.5 million to settle an Epstein-related lawsuit.
Sector Peers
| Company | Price | Day | 1M | Fwd P/E | Beta | Mkt Cap |
|---|---|---|---|---|---|---|
| JPMJPMORGAN | $313.11 | -0.04% | +6.0% | 13.3x | 1.04 | $839.3B |
| BACBANK | $53.33 | -0.25% | +6.8% | 10.6x | 1.24 | $381.2B |
| WFCWELLS | $81.09 | -1.39% | +0.5% | 10.4x | 1.06 | $252.0B |
| CCITIGROUP | $127.58 | -0.31% | +9.1% | 10.3x | 1.08 | $223.9B |
| PNCPNC | $221.23 | -0.80% | +4.6% | 10.6x | 0.96 | $90.0B |
| USBUS | $56.45 | -0.38% | +6.0% | 10.1x | 1.03 | $88.1B |
Key Fundamentals
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Price above both MAs — bullish structure.