In the latest trading session, Bank of America (BAC) closed at $44.09, marking a -1.19% move from the previous day. The stock's performance was behind the S&P 500's daily loss of 1.13%. On the other hand, the Dow registered a loss of 1.79%, and the technology-centric Nasdaq decreased by 1.3%.

Shares of the nation's second-largest bank have appreciated by 0.54% over the course of the past month, underperforming the Finance sector's gain of 1.24%, and the S&P 500's gain of 3.55%.

Investors will be eagerly watching for the performance of Bank of America in its upcoming earnings disclosure. The company's earnings report is set to be unveiled on July 14, 2025. In that report, analysts expect Bank of America to post earnings of $0.9 per share. This would mark year-over-year growth of 8.43%. In the meantime, our current consensus estimate forecasts the revenue to be $26.72 billion, indicating a 5.3% growth compared to the corresponding quarter of the prior year.

In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $3.69 per share and a revenue of $107.99 billion, indicating changes of +12.5% and +5.99%, respectively, from the former year.

Investors should also note any recent changes to analyst estimates for Bank of America. Recent revisions tend to reflect the latest near-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the business outlook.

Our research shows that these estimate changes are directly correlated with near-term stock prices. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.

The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Within the past 30 days, our consensus EPS projection has moved 0.39% higher. Bank of America is currently sporting a Zacks Rank of #3 (Hold).

Looking at valuation, Bank of America is presently trading at a Forward P/E ratio of 12.11. Its industry sports an average Forward P/E of 14.88, so one might conclude that Bank of America is trading at a discount comparatively.

Meanwhile, BAC's PEG ratio is currently 1.21. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. BAC's industry had an average PEG ratio of 1.21 as of yesterday's close.