Bank of America stock: Simply Wall St cuts fair value to USD 63.14 for Bank of America stock

Published on 10/23/2026 at 15:49 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Net income reached USD 6.9 billion in the third quarter of 2026. Bank of America stock costs EUR 45.25 October 23, 2026, down 0.63 percent versus Tradegate close.

Analyst valuation and reporting date

Simply Wall St cut its model fair value from USD 67.33 to USD 63.14 on October 23, 2026.
Bank of America reported USD 6.9 billion in net income for the third quarter of 2026.
Bank of America stock costs EUR 45.25 at Lang & Schwarz on October 23, 2026 at 3:36 p.m. CEST, 0.63 percent below the Tradegate close of October 22, 2026.
The next quarterly earnings release is scheduled for January 15, 2027.

Fotorealistisches Hochhaus einer Großbank in Charlotte bei Sonnenuntergang — Bank of America Corp. Hauptquartier als modernes Glasgebäude bei goldenem Abendlicht, ISIN US0605051046, Illustration mit AI erstellt.

Simply Wall St cut its model fair value for Bank of America from USD 67.33 to USD 63.14 on October 23, 2026, a reduction of 6.22 percent. Yahoo Finance reported that the revision followed updated earnings assumptions and regulatory costs.

Bank of America stock was trading at EUR 45.25 at Lang & Schwarz on October 23, 2026 at 3:36 p.m. CEST, down 0.63 percent versus the Tradegate close of October 22, 2026 at EUR 45.54.

Third-quarter results set the baseline

For the quarter ended September 30, 2026, Bank of America reported USD 30.0 billion in revenue, USD 6.9 billion in net income and USD 0.91 in diluted earnings per share. The figures appear on the company's investor-relations page for the third-quarter results, dated October 14, 2026, which also identifies the next quarterly release as January 15, 2027. Bank of America provides the reporting-period details.

Stock sits above its yearly low

The primary-market quote was USD 50.70 on the NYSE at 9:49 a.m. ET on October 23, 2026. Bank of America was 9.94 percent above its USD 46.12 52-week low and 22.27 percent below its USD 65.23 52-week high. Its market capitalization was USD 354.5 billion, and its price-to-earnings ratio was 12.12.

Valuation and the next date

The October 23 fair-value revision leaves the model estimate 39.56 percent above the Lang & Schwarz price when compared in different currencies only as separate market context, so no euro upside calculation is used. The company is scheduled to release its next quarterly results on January 15, 2027, before the US market opens, as listed by Bank of America.

Comparison with peers

Bank of America: down 0.63 percent, price-to-earnings ratio 12.12, market capitalization USD 354.5 billion.

JPMorgan Chase (NYSE, USD): down 1.28 percent, price-to-earnings ratio 13.95, market capitalization USD 883.2 billion.

Citigroup (NYSE, USD): down 1.12 percent, price-to-earnings ratio 11.82, market capitalization USD 203.2 billion.

What the valuation change means

The revised fair value and the upcoming reporting date give investors two concrete reference points: a lower model estimate and the next test of earnings execution. The third-quarter net income figure remains the latest reported profitability measure.

Bank of America stock was trading at EUR 45.25 at Lang & Schwarz on October 23, 2026 at 3:36 p.m. CEST, down 0.63 percent versus the Tradegate close of October 22, 2026 at EUR 45.54. The further course of trading is shown by the continuously updated real-time quote of Bank of America stock.