Bank of America(US:BAC) ZACKSยท2025-06-23 22:51Company Performance - Bank of America (BAC) closed at $46.30, with a daily increase of +1.76%, outperforming the S&P 500's gain of 0.96% [1] - Over the past month, BAC shares have increased by 5.32%, while the Finance sector has seen a loss of 1.18% and the S&P 500 has gained 0.5% [1] Upcoming Earnings - The company is set to release its earnings report on July 14, 2025, with projected EPS of $0.89, reflecting a 7.23% increase year-over-year [2] - Revenue is expected to reach $26.71 billion, indicating a 5.23% increase compared to the same quarter of the previous year [2] Full Year Projections - For the full year, earnings are projected at $3.68 per share and revenue at $108.14 billion, representing increases of +12.2% and +6.13% respectively from the prior year [3] Analyst Estimates - Recent changes in analyst estimates for Bank of America suggest a favorable outlook on the company's business health and profitability [4] - The Zacks Consensus EPS estimate has increased by 0.07% over the past month, and Bank of America currently holds a Zacks Rank of 3 (Hold) [6] Valuation Metrics - Bank of America is trading at a Forward P/E ratio of 12.36, which is below the industry average Forward P/E of 14.87 [7] - The company has a PEG ratio of 1.23, aligning with the average PEG ratio for Financial - Investment Bank stocks [7] Industry Context - The Financial - Investment Bank industry is ranked 141 in the Zacks Industry Rank, placing it in the bottom 43% of over 250 industries [8] - Research indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [8]