BAC
Bank of America Corp.
September 16, 2026 · market open
- Rarity
- 1.53
- Peak move
- −3.76%
- Float cap
- $427.9B
Bank of America is a bank holding and financial holding company that provides a diversified range of banking, investing, asset management, and other financial and risk management products and services. It serves individual consumers, small- and middle-market businesses, institutional investors, large corporations, and governments through four segments: Consumer Banking, Global Wealth & Investment Management, Global Banking, and Global Markets.
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What we found
18 events · 0 from SEC or newswire · 0 timed with the moveanalyst_ratingBarclays maintained a Buy rating and $72 price target on Bank of America on September 15, 2026.
- Key event
macro_dataThe Federal Reserve raised its benchmark federal funds rate by 25 basis points to 3.75%-4.00%, its first hike since July 2023, in a unanimous 12-0 FOMC vote, with the dot plot implying one more hike in 2026.
- Key event
peer_disclosureJefferies data showed investment banking revenue at eight major global banks down 15% year over year and 27% from Q2 as of September 3, while Dealogic showed the broader investment banking market down roughly 10%.
analyst_ratingGoldman Sachs lowered its price target on Bank of America to $76 from $79 while keeping a Buy rating.
product_launchBank of America's Merrill unit introduced a Tax Efficient Transition Service for moving existing portfolios into Merrill strategies while managing tax implications, and a Dollar Cost Averaging Service automating scheduled investing of idle cash.
product_launchCarolina Panthers and Bank of America launched 3rd & Goal, a community platform targeting 10,000 students across the Carolinas with literacy, physical wellness and well-being programs.
- Key event
analyst_ratingMorgan Stanley analyst Manan Gosalia reiterated an Overweight rating on Bank of America, raising the price target to $67 from $61 and saying the over-5% stock drop was overdone relative to about a 1.5% EPS reduction, flagging a potential Q4 rebound.
peer_disclosureCitigroup CFO Gonzalo Luchetti told the Barclays Global Financial Services Conference that Citi's Q3 investment banking revenue is on track for low-single-digit year-over-year growth and markets revenue for mid-single-digit growth, citing September as a key month for deal closings.
analyst_ratingWells Fargo analyst Mike Mayo said Bank of America's lower capital markets guidance gives a downward bias to near-term estimates, with the medium-term outlook aided by higher rates, maintaining an Overweight rating and $69 target.
guidance_changeBank of America CEO Brian Moynihan said at the Barclays Global Financial Services Conference that Q3 investment banking fees would be $1.6B-$1.8B, down from about $2B a year earlier and below consensus, with sales and trading revenue roughly flat year over year.
executive_remarkBank of America CEO Brian Moynihan said at the Barclays conference that customer data showed consumer spending rose 4% in August year over year, wage growth of 3%-4%, credit card balances up 4%, and roughly 160,000-170,000 net new checking accounts added per quarter, with high-single-digit commercial loan growth expected in Q3.
guidance_changeBank of America cut its full-year operating leverage guidance after weaker Q3 capital markets activity, with CEO Brian Moynihan saying the 200-300bp positive operating leverage target may be difficult this quarter and could return in Q4 if capital markets improve.
executive_remarkBank of America CEO Brian Moynihan said at the Barclays conference that Q3 expenses are 'bouncing around at the $18.6B' level and reiterated that total expenses will exceed market consensus, alongside a weaker capital-markets outlook.
investor_dayBank of America presented at the Barclays 24th Annual Global Financial Services Conference, citing strong consumer spending, robust credit quality, commercial loan and deposit growth, and AI-driven efficiency, and said it remains on track to hit its financial targets.
institutional_flowBerkshire Hathaway has reduced its Bank of America position for eight consecutive quarters, a continuing source of potential selling pressure.
financial_regulatoryTwenty-one financial institutions including Bank of America, Goldman Sachs, Citi and Deutsche Bank plan to form a company in 2026 to issue a U.S. dollar-pegged stablecoin in the first half of 2027.
litigation_outcomeA federal judge ordered Bank of America to pay $540.3 million plus interest over underpaid FDIC deposit-insurance assessments from Q2 2013 through year-end 2014, in a March 31 ruling by Judge Loren L. AliKhan published publicly Monday.
executive_remarkBank of America CEO Brian Moynihan said on CNBC's Mad Money that the bank's data shows consumer spending and credit remain healthy despite rising gasoline prices, and that higher interest rates weigh more on small businesses.