JPMorgan reiterated Overweight for Bank of America stock
Published on 10/13/2026 at 12:28 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS- JPMorgan reiterated an Overweight rating and a USD 72.00 price target on October 6, 2026.
- Bank of America is scheduled to report third-quarter 2026 results on October 14, 2026.
- The stock was trading at EUR 49.13 at Lang & Schwarz on October 13, 2026, at 12:22 p.m. CEST.
- Second-quarter net income reached USD 9.10 billion, up 27.00 percent year over year.
Bank of America (ISIN US0605051046) was trading at EUR 49.13 at Lang & Schwarz on October 13, 2026, at 12:22 p.m. CEST. Investing.com reported on October 6, 2026, that JPMorgan reiterated an Overweight rating and a USD 72.00 price target.
Three dated signals shape the setup
On September 24, 2026, Bank of America announced plans to hire 1,000 additional apprentices over two years and invest USD 150.00 million in workforce development, according to MarketScreener.
On October 6, JPMorgan kept its Overweight view while lowering its third-quarter 2026 earnings-per-share estimate to USD 1.12 from USD 1.16, compared with consensus at USD 1.11, Investing.com reported.
On October 14, 2026, Bank of America is scheduled to publish third-quarter results. The upcoming report is the current event investors are preparing for.
What does JPMorgan expect next?
JPMorgan expects net interest income to increase quarter over quarter and points to the upper end of Bank of America's full-year 2026 growth range of 6.00 percent to 8.00 percent. The same report says wealth management fees are expected to rise 10.00 percent to 15.00 percent, while investment banking fees may fall 10.00 percent to 15.00 percent.
The contrast matters because the bank's second-quarter earnings were strong. Bank of America posted net income of USD 9.10 billion in the second quarter of 2026, up 27.00 percent year over year, while diluted earnings per share reached USD 1.21, according to Yahoo Finance.
Results and call dates are set
Yahoo Finance reported that the results are scheduled for October 14, 2026, with the investor conference call at 8:30 a.m. ET. The release is due before the US market opens, making the report the next dated company event.
Reuters reported on October 8, 2026, that Bank of America expects investment banking fees to drop at least 10.00 percent in the third quarter while sales and trading revenue is expected to remain flat. That creates a clear test for the bank's net interest income growth.
EUR quote leads the market view
Bank of America was trading at EUR 49.13 at Lang & Schwarz on October 13, 2026, at 12:22 p.m. CEST. The structured market context shows a USD 387.3 billion market capitalization and a USD 46.12 to USD 65.23 52-week range as of October 12, 2026. These figures belong to different quotation currencies and are presented separately.
The further course of trading is shown by the continuously updated real-time quote of Bank of America stock.
Bank of America stock facts
- Company: Bank of America Corporation
- ISIN: US0605051046
- Ticker: BAC
- Primary exchange: NYSE
- Price Lang & Schwarz (as of October 13, 2026, 12:22 p.m. CEST): EUR 49.13
- Market capitalization: USD 387.3 billion (as of October 12, 2026)
- 52-week range: USD 46.12-USD 65.23 (as of October 12, 2026)
- Sector / Industry: Financial Services / Banks - Diversified
- Next earnings date: October 14, 2026
Market context: Market report S&P 500.
