Bank of America(US:BAC) ZACKSยท2025-06-13 22:46Group 1: Stock Performance - Bank of America (BAC) closed at $44.09, reflecting a -1.19% change from the previous day, underperforming the S&P 500's daily loss of 1.13% [1] - Over the past month, BAC shares have appreciated by 0.54%, lagging behind the Finance sector's gain of 1.24% and the S&P 500's gain of 3.55% [1] Group 2: Upcoming Earnings - Bank of America's earnings report is scheduled for July 14, 2025, with analysts expecting earnings of $0.9 per share, representing year-over-year growth of 8.43% [2] - The revenue forecast for the upcoming quarter is $26.72 billion, indicating a 5.3% growth compared to the same quarter last year [2] Group 3: Fiscal Year Estimates - For the entire fiscal year, earnings are projected at $3.69 per share and revenue at $107.99 billion, reflecting changes of +12.5% and +5.99% respectively from the previous year [3] - Recent changes to analyst estimates for Bank of America are seen as positive indicators for the business outlook [3] Group 4: Valuation Metrics - Bank of America is currently trading at a Forward P/E ratio of 12.11, which is below the industry average Forward P/E of 14.88, suggesting a discount [6] - The PEG ratio for BAC is 1.21, aligning with the industry average PEG ratio of 1.21 [7] Group 5: Industry Ranking - The Financial - Investment Bank industry, which includes Bank of America, has a Zacks Industry Rank of 95, placing it in the top 39% of over 250 industries [7] - The Zacks Rank system indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [8]