Bank of America analysts cut their predictions after disappointing results for the third quarter.

Oct 15, 2026, 1:50 PM ETResultsRead the original at Benzinga

Bad for BAC

Bank of America’s profit fell, and its adjusted per-share result and revenue missed estimates. Revenue still grew 3%, and Consumer Banking and wealth management earned more, but Global Banking and Global Markets earned less.

BAC · Bank of America Corp

AI read · Bad for BAC

The AI's read

The results leave the bank with less profit, and growth was uneven across its businesses. Consumer Banking and wealth management earned more, but Global Banking and Global Markets earned less. Six analysts lowered their price targets after the report.

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