Seaport Global analyst James Mitchell maintains $Bank of America (BAC.US)$ with a buy rating, and maintains the target price at $48.
According to TipRanks data, the analyst has a success rate of 71.1% and a total average return of 10.6% over the past year.
Furthermore, according to the comprehensive report, the opinions of $Bank of America (BAC.US)$'s main analysts recently are as follows:
A rebound in capital markets contributed to Bank of America's earnings per share surpassing expectations by 7%. The company experienced revenue gains across various segments including investment banking, fixed income, currencies, commodities trading, equities markets, and wealth management. Anticipations of increased fee income, spurred by trading and wealth management activities, alongside growth in net interest income due to deposit expansion, have led to an upward revision of the earnings per share forecast for 2025.
The company's earnings report suggested positive forecasts for net interest growth by 2025, strong organic growth, beneficial leverage to an increased markets fee pool, and moderate expense growth, all of which merited a favorable response. However, it's noted that the share price increase of 15% since early August might have already reflected these factors.
Bank of America's net interest income in the third quarter reached $14.1 billion, marking a 1.8% increase from the previous quarter, surpassing the modest 1.1% increase that was anticipated. This positive trend is expected to carry forward into the next quarter and onwards. Despite the ongoing volatility in the forward curve, which may cause some uncertainty in projecting future net interest income, analysts suggest that investors should concentrate on the broader perspective of potential post net interest income drag. Specifically, there is a solid base for gradual and consistent positive operating leverage, even as capital markets activity continues to be below expected levels.
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Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.
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Seaport Global分析師James Mitchell維持$美國銀行 (BAC.US)$買入評級，維持目標價48美元。
根據TipRanks數據顯示，該分析師近一年總勝率為71.1%，總平均回報率為10.6%。
此外，綜合報道，$美國銀行 (BAC.US)$近期主要分析師觀點如下：
資本市場的反彈使美國銀行的每股收益超出預期的7％。該公司在包括投資銀行、固定收益、貨幣、大宗商品交易、股票市場和财富管理在內的各個領域均實現了收入增長。在交易和财富管理活動的刺激下，對費用收入增加的預期，以及存款擴張導致淨利息收入的增長，導致2025年每股收益預測向上修正。
該公司的收益報告顯示，到2025年，淨利息增長、強勁的有機增長、市場費用池增加的有利槓桿作用以及支出溫和增長，所有這些都值得積極回應。但是，值得注意的是，自8月初以來股價上漲了15％，可能已經反映了這些因素。
美國銀行第三季度的淨利息收入達到141億美元，比上一季度增長1.8％，超過了預期的1.1％的溫和增長。這一積極趨勢預計將延續到下一季度及以後。儘管遠期曲線持續波動，這可能會給預測未來的淨利息收入帶來一些不確定性，但分析師認爲，投資者應將注意力集中在潛在的淨利息收入拖累的更廣泛視角上。具體而言，儘管資本市場活動繼續低於預期水平，但仍有穩步持續的正運營槓桿率的堅實基礎。
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