Wall Street is closely watching the industry conference for commentary on deal pipelines and updates on consumer health from major U.S. banks.
20 of 25 brokerages rate the stock "buy" or higher and 5 rate it "hold"; median price target $68, according to data compiled by LSEG.
As of the last close, BAC stock was up 14% year to date.
Bank of America shares fall after Q3 update
Shares of Bank of America, the second-largest U.S. lender, fall 3.6% to $60.44.
BAC expects sales and trading revenue to be roughly flat in Q3, while investment banking fees are anticipated to be between $1.6 billion and $1.8 billion, CEO Brian Moynihan says at the Barclays Global Financial Services Conference.
BofA logged $2 billion in investment banking fees in Q3 2025, while sales and trading revenue was $5.4 billion.