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NYSE:BAC

Bank of America (BAC)

56.25
+0.05 (0.09%)
as of Jun 18, 2026, 10:42:05 pm Market Open.
492 watching
0
BUY
Great company, well run, not expensive at 11x earnings, 1.2x book, yield around 2%. Net interest margins are stabilizing. Volatility helps on the trading side, though IPOs are down. Asset management and credit card business will continue to grow. Massively overcapitalized. Payout ratio around 25%.
PAST TOP PICK
(A Top Pick Mar 19/21, Up 8%) Still likes the banks, though a rough go the last little while based on Fed speculation. Much lower expectation of a 50 bps hike, more like 25 bps. Higher interest rates are good for banks, and BAC is most sensitive to this. Worry that aggressive hikes will snuff out the economy and force a recession. He doesn't think this will happen. Good time to buy.
BUY ON WEAKNESS
He bought more recently. He focuses on quality and BAC had 28% revenue growth and net interest margin growth. It's not about the yield curve, but about commercial loan growth. Financials have been oversold recently, so this was a buying opportunity. He's nibbling at BAC.
WEAK BUY
Buffett has a huge position. US banks are a bet on the US economy, and it's strong. Interest rates won't go up as much as people think. He owns JPM and Canadian banks. Stocks are volatile, especially with the Russia situation.
BUY
A good bank and good play on the US economy, but she prefers JPM though JPM shares have lagged BAC, but JPM will catch up. You want to be exposed to US banks because interest rates are rising. JPM has been investing more in their business, and the street didn't like that, but it makes strategic sense. All banks are diversified in capital markets activity, lending and wealth management.
BUY
It's positioned well, because it's the most sensitive to higher interest rates among its US peers. As the yield curve steepens, the banks will make more money (the borrow short and lend long).
HOLD
For all the banks, rate increases are priced in. Loan losses will be extremely low, and loan growth will be pretty good. Wind at their backs. Valuations are pretty cheap. Don't write any covered calls, as you'll get called out of a good company that still has price appreciation.
BUY
It's a huge asset gatherer and enjoys customer loyalty, due to excellent digital interface. If the Fed hikes 4x this year, BAC will generate $6.5 billion in new revenue. 2022 could be BAC's year.
BUY
Positive on banking stocks due to rising interest rates. Believes company is a good buy.
PAST TOP PICK
(A Top Pick Sep 23/20, Up 111%) Will continue to own and buy stock. Beneficiary of rising interest rate environment. Technology will continues to drive cost downs. Believes long road to grow. US consumers in good shape, which will aid company with increased loan growth.
BUY
Rates will rise this year. BAC is cheap (in PE terms). This will likely go to $50.
TOP PICK
US banks are a mainstay of his portfolio. Very well capitalized. Most sensitive to a steeper yield curve. Loan growth is improving. As the economy improves, they'll get more loans. Yield is 1.88%. (Analysts’ price target is $49.44)
PAST TOP PICK
(A Top Pick Dec 24/20, Up 52%) Would buy BAC-NYSE again. Has held for a long time. Dividend yield of ~2.0%. Likes CEO Brian Moynihan. Retail banking has great franchise operation across USA. Investment banking & wealth management also have great franchises. Overcapitalized.
PAST TOP PICK
(A Top Pick Sep 23/20, Up 96%) 100% he'd buy again today. Earnings are substantially higher than last year, but it's no more expensive. Growth prospects remain outstanding. Rising interest rates will be the wind at its back. US consumer is in good shape.
HOLD
What's driven them are very strong capital markets, trading, and investment management. Better loan growth and net interest income will carry the flag going forward. As the economy matures, banks will do well on the backs of higher interest rates.
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