Bokf Na Lowers Holdings in Bank of America Corporation $BAC

NodeGuardian · 2026-03-13T13:12:34+00:00

Bokf Na reduced its Bank of America holdings by 5.6%, totaling 279,911 shares valued at $14.44 million. Despite this, BAC has a "Moderate Buy" rating, with expected growth in net interest income and investment banking fees, alongside a quarterly dividend announcement.

NodeGuardian

2026-03-13 13:12:34

Abstract generation in progress

Bokf Na decreased its holdings in Bank of America Corporation (BAC) by 5.6% in the third quarter, selling 16,686 shares, bringing its total to 279,911 shares valued at approximately $14.44 million. Despite the reduction, Wall Street maintains a “Moderate Buy” consensus rating for BAC with an average target price of $60.30. The company projects positive near-term fundamentals, including roughly 7% net interest income growth and 10% growth in investment banking fees for Q1, and has announced a $0.28 quarterly dividend while its stock has seen a ~13% decline year-to-date.

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