Bank of America (BAC) Q3 2026 earnings — TrendMatrix coverage
Reported
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Full disclosure
Key numbers
- Adjusted EPS
- $0.91
- Estimate
- $1.11
- Surprise
- -17.8%
- Score at report (before → after)
- 6.4 → 6.4/10
Revenue for this quarter isn’t shown: the reported figure hasn’t cleared TrendMatrix’s freshness and sanity checks yet, and consensus revenue isn’t tracked. EPS above is the available figure.
How the report landed
Bank of America (BAC) missed the $1.11 estimate with adjusted EPS of $0.91 — a large 17.8% shortfall. TrendMatrix's engine moved from Sell (6.4/10) to Hold at 6.4/10 after the report.
Coverage in the report window
- Evercore ISI Group Maintains Outperform on Bank of America, Lowers Price Target to $57 — benzinga, 2026-10-15
Where TrendMatrix's rating stands now
TrendMatrix currently rates BAC Hold at 6.4/10.
3 of the last 4 quarters beat the estimate; this quarter's -17.8% surprise compares with a +0.2% four-quarter average.
What supports the rating
- Sector modifier (Financial Services): +1.0
- Strong earnings beat streak (3/4)
What argues against it
- Negative momentum
- News modifier +2: HOLD_IF_HOLDING → STRONG_BUY_WAIT
- Momentum score 3.6/10 — below 4.5 minimum
This section and the ones below it reflect TrendMatrix’s latest engine read — they update after the report date and are not frozen to it.
The levels TrendMatrix's engine tracks
- Current price
- $51.39
- Entry target
- $50.15
- Price target
- $59.73
- Stop
- $47.78
- Upside to target
- +16.2%
- Reward-to-risk
- 3.2:1
The stock trades at 12.5× trailing but 9.8× forward earnings — consensus estimates already build in a substantial earnings recovery.
Risk check: RSI 24 — a level conventionally read as oversold; trading volume is running 2.8× its average — elevated turnover around the report window.
Model outputs from TrendMatrix’s engine as of 2026-10-15 — shown for context, not personalized investment advice.
BAC at TrendMatrix's latest read
For financials, the EPS print is only half the story: credit costs, reserve builds, and rate sensitivity decide how a quarter actually lands.
- Industry
- Banks - Diversified
- Market cap
- $359.36B
- P/E (fwd)
- 9.8
- P/E (ttm)
- 12.5
- 52-week range
- $46.12–$65.23
- Off 52-week high
- 21.2%
- RSI (14)
- 24
- Volume vs avg
- 2.84×
- Score today
- 6.4/10