Bank of America stock is trading lower Wednesday after the financial firm reported earnings but Wall Street isn't worried. Here's why.

Truist Securities updated its financial model for Bank of America (NYSE:BAC), resulting in a slight increase in the price target for the bank's shares. The target has been adjusted to $53.00, up from the previous $52.

Subscribe to TheStreet's free daily newsletter💰💸 Bank of America analysts revealed that although the U.S. software market grew 59% in 2023 and 23% in 2024, development projections still run below historical averages.

Bank of America reported robust earnings for Q4 2024, outperforming estimates with a huge increase in net income.

We recently published a list of 10 Cheap Value Stocks to Invest in According to Warren Buffett. In this article, we are going to take a look at where Bank of America Corporation (NYSE:BAC) stands against other cheap value stocks to invest in according to Warren Buffett.

Brian Moynihan, chief executive officer of Bank of America Corp., during a Television interview in Versailles, France, on Monday, May 13, 2024. Bank of America is expected to benefit from a boost in investment banking and trading activity in the fourth quarter.

Bank of America (BAC) announced better-than-expected fourth-quarter results, with profit doubling from a year ago

Bank of America Corp (NYSE:BAC) reported a fourth-quarter fiscal 2024 net income of $6.7 billion (versus $3.1 billion a year ago) and EPS of $0.82, beating the analyst consensus estimate of $0.77. Revenue,