Why Are Bank of America Shares Trading Lower On Wednesday?
01/14/2026 12:50 PM • Bank of America shares declined 5% on Wednesday despite beating earnings expectations with net income of $7.6 billion and EPS of 98 cents (vs. 96 cents consensus). Revenue increased 7% YoY to $28.532 billion, also beating estimates. The bank guided for 5-7% net interest income growth in 2026. Goldman Sachs maintained a Buy rating with a $64 price target, citing strong core PPNR and ROTCE performance, though analysts seek clarity on NII drivers and capital return plans.
BAC - Despite beating earnings and revenue estimates with strong financial metrics (net income $7.6B, EPS 98 cents, 7% revenue growth), shares traded down 5% on the day. The decline suggests market disappointment with forward guidance or concerns about sustainability of recent performance improvements, particularly regarding net interest income outlook and capital return plans.