Bank of America Trading Volume Drops 29.6% Ranking 26th in Market Activity

On April 11, 2025, Bank of America (BAC) saw a trading volume of 22.67 billion, a 29.6% decrease from the previous day, ranking 26th in the day's market activity. The stock price of Bank of America (BAC) rose by 0.28%.

Analysts on Wall Street predict that Bank of America will report quarterly earnings of $0.81 per share in its upcoming release, indicating a year-over-year decline of 2.4%. Revenues are anticipated to reach $26.74 billion, marking a 3.6% increase from the same period last year. Over the past 30 days, the consensus EPS estimate for the quarter has been revised downward by 1.4%, reflecting analysts' collective reassessment of their initial forecasts.

Bank of America is scheduled to report its earnings on April 15, 2025. Analysts project revenues to be around $26.9 billion, a 4% increase compared to the previous year. The company has announced plans to open more than 165 new financial centers by the end of 2026, which is expected to drive growth. Additionally, mortgage applications have surged by 80% in the first quarter, driven by increased home buying due to greater supply.