What's Going On With Bank Of America (BAC) Shares

Bank of America Corp BAC shares are trading higher by 4.1% to $37.47 since Monday’s open. The company this week reported stronger-than-expected first-quarter fiscal 2025 results, with net income rising to $7.4 billion from $6.7 billion a year earlier.

What To Know: Bank of America’s first-quarter EPS came in at 90 cents, surpassing analysts’ expectations of 81 cents. Revenue climbed 6% year-over-year to $27.37 billion, supported by a 9.6% rise in noninterest income and a 3% increase in net interest income.

Segment performance was mixed: Consumer Banking and Global Banking saw slight declines in net income, while Global Markets and Wealth Management posted gains. Investment banking fees dipped 3% to $1.5 billion. Credit loss provisions rose 12% to $1.48 billion.

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Despite a CET1 ratio decline to 11.8%, book value per share improved 8% to $36.39. The bank added 1 million new credit card accounts, with loan and deposit growth at 4% and 3% respectively.

While analysts praised the quarter's resilience, several firms lowered EPS estimates and price targets, citing macro risks. CEO Brian Moynihan highlighted continued consumer strength and reiterated confidence in the bank's growth strategy amid economic uncertainty.

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How To Buy BAC Stock

By now you're likely curious about how to participate in the market for Bank of America – be it to purchase shares, or even attempt to bet against the company.

Buying shares is typically done through a brokerage account. You can find a list of possible trading platforms here. Many will allow you to buy “fractional shares,” which allows you to own portions of stock without buying an entire share.

In the case of Bank of America BAC, which is trading at $37.45 as of publishing time, $100 would buy you 2.67 shares of stock.

If you're looking to bet against a company, the process is more complex. You'll need access to an options trading platform, or a broker who will allow you to “go short” a share of stock by lending you the shares to sell. The process of shorting a stock can be found at this resource. Otherwise, if your broker allows you to trade options, you can either buy a put option, or sell a call option at a strike price above where shares are currently trading – either way it allows you to profit off of the share price decline.

According to data from Benzinga Pro, BAC has a 52-week high of $48.08 and a 52-week low of $33.06.