
"Shares of Bank of America (NYSE: BAC) lost 7.39% over the past month after gaining 6.15% the month prior. That brings the stock's one-year gain to 10.47%. Since hitting its 2025 low on April 4, BAC is up more than 51%. When the company reported Q3 earnings on Oct. 15, 2025, it beat on earnings and revenue expectations, with EPS of $1.06 topping forecasts of 95 cents, and revenue of $28.09 billion - an 11% year-over-year increase - higher than analysts' expectations for $27.5 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."
Bank of America shares fell 7.39% over the past month after a 6.15% gain the prior month, producing a one-year gain of 10.47%. The stock climbed more than 51% from its 2025 low on April 4. Q3 2025 results on Oct. 15 showed EPS of $1.06 versus forecasts of $0.95 and revenue of $28.09 billion, an 11% year-over-year increase versus expectations of $27.5 billion. Bank of America originated in Depression-era San Francisco and grew into the second-largest US bank by assets, received a $45 billion TARP bailout in 2008, and acquired Merrill-Lynch. The stock rallied nearly 107% from its October 2023 low through January 2026.
Read at 24/7 Wall St.
Unable to calculate read time
Collection
[
|
...
]