BANK OF AMERICA CORP /DE/
BANK OF AMERICA CORP /DE/ (BAC) Stock News
The latest BAC headlines and market coverage — 5 recent stories, updated throughout the day.
- Zacks Investment Research·Neutral
SBA Communications (SBAC) Up 0.5% Since Last Earnings Report: Can It Continue?
SBA Communications beat Q2 2026 earnings estimates with AFFO per share of $3.03 vs. consensus of $2.96, driven by strong international site-leasing growth of 30.5%. However, domestic weakness and rising costs pressured profitability, with AFFO declining 3.8% year-over-year. The company raised its 2026 revenue and AFFO guidance slightly, but analyst estimates have trended downward in the past month. The stock carries a Zacks Rank #3 (Hold) with an overall VGM Score of F.
- Zacks Investment Research·
BAC Records 9% Y/Y Growth in NII in 1H26: Will the Uptrend Continue?
Bank of America reported strong net interest income (NII) growth of 9% year-over-year in the first half of 2026, reaching $31.7 billion with Q2 hitting a record $16 billion. The growth was driven by solid loan and deposit expansion, favorable asset repricing, and improved net interest yield. Management expects 2026 NII growth near the upper end of its 6-8% guidance. BAC shares have outperformed the industry with a 25.1% gain over six months, though the stock trades below industry valuation multiples at 2.20X price-to-tangible book.
- Zacks Investment Research·Neutral
Should You Buy BAC Stock as AI-Led Branch Expansion Boosts Efficiency?
Bank of America is leveraging AI, digital adoption, and branch optimization to improve operating leverage, with Erica surpassing 3.2 billion interactions and plans for 150+ new financial centers by 2027. While the bank shows strong revenue growth, improving earnings outlook, and industry-leading deposit franchise, near-term expense pressures and elevated cost growth remain concerns. The stock is rated a Hold despite long-term efficiency potential.
- GlobeNewswire Inc.·
El R88 de Robinson hace su debut en Sudamérica en LABACE 2026; el robusto helicóptero multimisión está listo para revolucionar el mercado latinoamericano
Robinson Helicopter Company is debuting its R88 helicopter in Brazil at LABACE 2026 (August 4-6). The 10-seat, multi-mission aircraft features a Safran Arriel 2W engine, 3,000+ lbs payload capacity, and over 3.5 hours of flight range. The company positions the R88 as a cost-effective solution between light single-engine and expensive twin-engine helicopters for executive transport, agriculture, and utility operations in Latin America.
- GlobeNewswire Inc.·
FERRARI N.V.: PERIODIC REPORT ON THE BUYBACK PROGRAM
Ferrari N.V. announced the completion of its second tranche of a €250 million share buyback program on the Euronext Milan and NYSE exchanges. Between July 20-24, 2026, the company purchased 57,800 common shares at an average price of €321.35. Since the program's inception in January 2026, Ferrari has repurchased 1,612,475 shares for a total consideration of €479.4 million as part of its multi-year €3.5 billion buyback initiative through 2030.