Bank of America Corp (BAC)

Over the past six months, Bank of America's stock has shown strong performance, delivering a 30% return and trading near its 52-week high. Key events include Q3 2025 earnings aligning with expectations, a regular quarterly cash dividend declaration, a stock buyback program authorizing the repurchase of $40.00 billion in outstanding shares, positive analyst ratings, and insider stock sales.

The banking industry, including Bank of America, experiences seasonal trends in loan demand, which is typically lowest in late January and February, increases through July, and peaks in August or September before decreasing until December. Deposit growth can be challenging when higher interest rates lead consumers to move funds to higher-yielding accounts. Bank of America's stock has historically shown a seasonal edge, with an average increase of 14% in the fourth quarter over the past decade.

Bank of America Corporation is a multinational investment bank and financial services holding company, the second-largest banking institution in the U.S. and globally by market capitalization. It offers a range of financial products and services to various clients through its Consumer Banking, Global Wealth & Investment Management (GWIM), Global Banking, and Global Markets segments. Consumer Banking provides services to consumers and small businesses. GWIM offers tailored solutions through Merrill Wealth Management and Bank of America Private Bank. Global Banking delivers lending and treasury solutions to corporations and governments. Global Markets offers sales, trading, and research services to institutional clients.

Bank of America has a significant global presence, operating in the United States, its territories, and over 35 countries. The United States accounts for the largest portion of its total revenue, at 86.83% in fiscal year 2024, with other regions including EMEA, Asia, and Latin America also contributing. In the U.S., it serves nearly 70 million consumer and small business clients through approximately 3,600 retail financial centers, around 15,000 ATMs, and digital banking services with approximately 59 million verified digital users.

In the past year, Bank of America has received accolades for customer satisfaction, digital leadership, and community involvement. J.D. Power has recognized Bank of America for customer satisfaction with financial health support for four consecutive years and ranked it No. 1 in its U.S. Banking Mobile App Satisfaction Study and Retail Banking Advice Satisfaction Study in 2025. The company received over 120 awards for digital leadership and innovation in 2024. Bank of America highlights its commitment to strengthening communities, supporting entrepreneurs, and aiding communities impacted by events like wildfires, and raised its U.S. minimum hourly wage to $25 by 2025. A lawsuit filed by Bank of America against the Federal Reserve regarding stress testing standards was criticized by some.

Institutional shareholders hold a significant majority of Bank of America's stock, owning 58% of the company as of December 2023. The top 25 shareholders collectively hold 48% of the business. Hedge funds and other institutional investors own 70.71% of the company’s stock, while insiders own approximately 0.30%.