Bank of America (BAC) closed the most recent trading day at $50.06, moving +1.38% from the previous trading session. The stock exceeded the S&P 500, which registered a gain of 0.44% for the day. Elsewhere, the Dow saw an upswing of 0.36%, while the tech-heavy Nasdaq appreciated by 0.54%.
The nation’s second-largest bank’s stock has climbed by 1.52% in the past month, exceeding the Finance sector’s loss of 2.92% and the S&P 500’s loss of 3.31%.
Investors will be eagerly watching for the performance of Bank of America in its upcoming earnings disclosure. The company’s earnings report is set to be unveiled on April 15, 2026. The company is predicted to post an EPS of $0.99, indicating a 10% growth compared to the equivalent quarter last year. Meanwhile, the latest consensus estimate predicts the revenue to be $29.25 billion, indicating a 6.9% increase compared to the same quarter of the previous year.
For the full year, the Zacks Consensus Estimates project earnings of $4.32 per share and a revenue of $118.74 billion, demonstrating changes of +13.39% and +7.67%, respectively, from the preceding year.
Investors might also notice recent changes to analyst estimates for Bank of America. Recent revisions tend to reflect the latest near-term business trends. As such, positive estimate revisions reflect analyst optimism about the business and profitability.
Our research shows that these estimate changes are directly correlated with near-term stock prices. To exploit this, we’ve formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable rating system.
The Zacks Rank system, stretching from #1 (Strong Buy) to #5 (Strong Sell), has a noteworthy track record of outperforming, validated by third-party audits, with stocks rated #1 producing an average annual return of +25% since the year 1988. Over the past month, there’s been a 0.01% rise in the Zacks Consensus EPS estimate. Currently, Bank of America is carrying a Zacks Rank of #3 (Hold).
Investors should also note Bank of America’s current valuation metrics, including its Forward P/E ratio of 11.43. This denotes a discount relative to the industry average Forward P/E of 13.03.
Meanwhile, BAC’s PEG ratio is currently 1.2. Comparable to the widely accepted P/E ratio, the PEG ratio also accounts for the company’s projected earnings growth. The Financial – Investment Bank industry currently had an average PEG ratio of 1.07 as of yesterday’s close.
The Financial – Investment Bank industry is part of the Finance sector. This industry currently has a Zacks Industry Rank of 97, which puts it in the top 40% of all 250+ industries.