BAC Stock Recent News

CHARLOTTE, N.C. , May 23, 2025 /PRNewswire/ -- Bank of America Corporation announced today that it will redeem on June 12, 2025 all CHF 375,000,000 principal amount outstanding of its 0.2525% Senior Notes, due June 12, 2026 (ISIN: CH0474977722; Common Code: 200733517) (the "Notes").

Top U.S. banks are contemplating a joint venture to issue a dollar-pegged stablecoin in an attempt to counter the increasing competition from the cryptocurrency sector, according to a report dated Thursday.

Some of the biggest U.S. banks are exploring whether to team up to issue a joint stablecoin, The Wall Street Journal reported on Thursday.

The discussions involve payments companies co-owned by JPMorgan Chase, other large banks.

Bank of America Securities offered a cross-sector analysis of the leisure consumer space on Thursday, outlining recent performance trends across several key segments.

Shares of Meta Platforms Inc. (NASDAQ: META) were mostly flat through a.m. trading on Wednesday as the stock took a breather after its recent run-up saw a gain of 31.24% over the past month. That brings META’s year-to-date gain to 6.25%, and its one-year gain to 37.07%, as the markets remain optimistic in the wake of the 90-day tariff pause between the U.S. and China announced on Sunday, May 11. Despite mixed results from its Q1 earnings announcement — Meta Platforms missed on EPS and beat on revenue — increased user engagement and expansion of its AI tools continue to encourage investors looking down the road. In the wake of last month’s earnings call, Barclays lowered its price target on Meta to $640 from $705, keeping its “Overweight” rating. On the other hand, Bank of America, Citi, JPMorgan and Morgan Stanley all raised their price targets for Meta, to $690, $690, $675 and $650, respectively, while all maintaining their “Buy” or “Overw

Zacks.com users have recently been watching Bank of America (BAC) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.

The banking sector is facing headwinds and the big bank stock prices are stretched. While the big banks might get reserve requirement relief, that might weaken them by thinning their financial cushions. I have been selling four Globally Systemically Important Bank stocks.

For decades, no money manager has commanded the attention of Wall Street professionals and everyday investors quite like Berkshire Hathaway's (BRK.A -0.67%) (BRK.B -0.81%) Warren Buffett.

Bank of America has already reported first-quarter results, so there should be no earnings risk with a cash-secured put.