JPMorgan reiterates USD 72 target for Bank of America stock
Published on 10/06/2026 at 12:25 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Bank of America (ISIN US0605051046) was trading at EUR 48.30 at Lang & Schwarz on October 6, 2026 at 12:18 p.m. CEST, up 0.27 percent from the prior close of EUR 48.17. On October 6, Investing.com reported that JPMorgan reiterated an Overweight rating and a USD 72.00 price target on Bank of America stock.
JPMorgan trims third-quarter expectations
JPMorgan lowered its third-quarter 2026 earnings per share estimate to USD 1.12 from USD 1.16, while consensus stood at USD 1.11, according to Investing.com on October 6, 2026. The full-year 2026 estimate also fell to USD 4.62 from USD 4.65, giving the rating a more cautious earnings backdrop.
The same report said JPMorgan expects net interest income to rise quarter over quarter and points toward the upper end of Bank of America's full-year 2026 range of 6.00 percent to 8.00 percent growth. It also expects investment banking fees to fall 10.00 percent to 15.00 percent in the third quarter, a sharper counterweight to stronger wealth management fees.
Second-quarter earnings set the base
Bank of America's investor-relations page reports USD 31.6 billion of revenue net of interest expense, USD 9.1 billion of net income and USD 1.21 of diluted earnings per share for the quarter ended June 30, 2026. The page also lists a 17.00 percent return on tangible common equity, giving investors a clear profitability benchmark ahead of the next report, as shown by Bank of America.
The next quarterly release is scheduled for October 14, 2026, and the earnings conference call is set for 8:30 a.m. ET that day, according to the company's investor-relations calendar. That date makes the reduced USD 1.12 earnings per share estimate the key near-term test for whether fee pressure outweighs net interest income growth.
Euro quote stays below the analyst target
JPMorgan's USD 72.00 target is 33.33 percent above the USD 54.00 NYSE quote dated October 5, 2026 at 4:00 p.m. EDT. The primary-market data also show a USD 46.12 to USD 65.23 52-week range and a market capitalization of USD 383.2 billion as of October 5, 2026.
At Lang & Schwarz, Bank of America stock was trading at EUR 48.30 on October 6, 2026 at 12:18 p.m. CEST, plus 0.27 percent versus the EUR 48.17 prior close. 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 6, 2026, 12:18 p.m. CEST): EUR 48.30
- Change versus prior close: plus 0.27 percent
- Prior close Lang & Schwarz (October 5, 2026): EUR 48.17
- Market capitalization: USD 383.2 billion (as of October 5, 2026)
- 52-week range: USD 46.12-65.23 (as of October 5, 2026)
- Sector / Industry: Financial Services / Banks - Diversified
