Street View: Bank of America scores across the board after strong quarter
BAC•Analysts point to capital strength, credit quality and operating leverage
** Barclays ("Overweight," PT: $72) says BAC continued to point to 2026 net interest income growth, while raising its positive operating leverage, reflecting confidence in underlying business momentum
** RBC Capital Markets ("Outperform," PT: $65) says BAC is well capitalized and well positioned to return capital to shareholders through dividends and buybacks, and also expects the bank's more conservative balance sheet to support resilient credit quality
** J.P. Morgan ("Overweight," PT: $62.5) says "there was finally a little pickup in credit card loan growth" and operating leverage improved sharply, but adds it is unclear how sustainable it would be if revenue growth in market-related revenues slows
** Jefferies ("Buy," PT: $75) says net interest income was broadly in line with expectations, higlighting that BAC maintained a positive growth outlook and raised its operating leverage guidance
Bank of America tops estimates on trading and investment banking strength
** Bank of America BAC.N exceeds Wall Street estimates for second-quarter profit, as global market chaos fuels record trading, while a corporate dealmaking surge spurs investment banking
** Twenty-five analysts rate the stock "Buy" on average; median PT $65 - data compiled by LSEG




