Bank of America Corp (BAC)

Over the past six months, Bank of America's stock has increased, with a share price of $50.64 as of October 3, 2025, representing a 26.73% increase from October 7, 2024. Key events include a dividend increase to $0.28 per share, a $40.00 billion stock repurchase plan, Q2 2025 earnings exceeding analyst estimates, and presentations by the CFO and CEO at various financial conferences.

The banking industry, including Bank of America, experiences seasonal trends in loan demand, which is typically low in January and February, increases through July, and peaks in August or September. Investment services see increased demand in December and early January, and tax planning contributes to a rise in banking activity in March. Historically, BAC stock has shown a seasonal edge in the fourth quarter.

Bank of America Corporation is a multinational investment bank and financial services holding company, operating in the Financial Services sector, specifically in the Major Banks and Diversified Banks industry. It offers a range of financial products and services to various clients through four key business segments: Consumer Banking, Global Wealth & Investment Management, Global Banking, and Global Markets.

Bank of America has a significant global presence, operating across the United States, its territories, and in more than 35 other countries. Within the U.S., it serves approximately 69 million consumer and small business clients through around 3,700 retail financial centers and 15,000 ATMs.

Bank of America's brand reputation was significantly impacted in July 2023 when the CFPB ordered the bank to pay over $100 million to consumers and $150 million in penalties due to illegally charging "junk fees", withholding promised credit card rewards, and opening unauthorized accounts. General criticisms regarding customer service issues and hidden fees have also contributed to an erosion of customer trust.

Bank of America's ownership is a mix of institutional, retail, and individual investors. Major institutional shareholders include Vanguard Group Inc., Berkshire Hathaway Inc., BlackRock, Inc., State Street Corp, and Fmr Llc. Key individual shareholders who are company insiders include Brian T. Moynihan (CEO), Matthew Koder (President of Global Corporate & Investment Banking), and Dean Athanasia (President of Regional Banking).