Shares of Bank of America rose 4.03% over the past month and 2.33% the month prior, producing a 13.29% year-to-date gain and a 45.86% rise since the April 4, 2025 low. Q2 results showed EPS of $0.89 versus $0.86 expected and revenue of $26.61 billion versus $26.72 billion expected, making the bank the only major U.S. lender to miss revenue estimates that quarter. The bank traces roots to the Depression-era in San Francisco and ranks #2 by assets behind JPMorgan Chase. Bank of America received a $45 billion TARP bailout in 2008 and acquired Merrill Lynch. CEO Brian Moynihan has cut operations to prioritize assets under management and lower overhead. The stock hit a five-year high in January 2022, bottomed in October 2023, then rallied nearly 84% by January 2025 as investors focus on future multi-year performance.
Shares of Bank of America (NYSE: BAC) gained 4.03% over the past month after gaining 2.33% the month prior. That brings the stock's year-to-date gain to 13.29%. Since hitting its 2025 low on April 4, BAC is up 45.86%. When the company reported Q2 earnings earlier in July, it announced mixed results with EPS of 89 cents versus analysts' expectations of 86 cents, and revenues of $26.61 billion versus expectations of $26.72 billion.
Since its Depression-era roots in San Francisco, Bank of Americahas weathered close to a century of wars and financial upheavals to rise as one of the top financial institutions in the US, ranking #2 behind JP Morgan Chase by asset size. Bank of America's massive AUM heft made it a $45 billion "too big to fail" TARP bailout recipient during the 2008 subprime banking meltdown. It also acquired Wall Street investment banking stalwart Merrill-Lynch as a kicker.
After reaching its five-year high of $49.18 per share in January 2022, Bank of America has struggled to attain that level again. Efforts to climb higher had been thwarted, but after bottoming in late October 2023, the stock has rallied back gaining nearly 84% by the end of January 2025. Regardless, investors are much more concerned with future stock's performance over the next one, five and 10 years.
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