<div id="readability-page-1"><p>Intrust Bank NA decreased its holdings in  Bank of America Corporation (NYSE:BAC - Free Report) by 48.3% in the fourth quarter, according to its most recent Form 13F filing with the Securities &amp; Exchange Commission. The firm owned 94,162 shares of the financial services provider's stock after selling 87,868 shares during the quarter. Intrust Bank NA's holdings in Bank of America were worth $5,179,000 as of its most recent filing with the Securities &amp; Exchange Commission.</p><div><p><span></span><span>Get <strong>Bank of America</strong> alerts:</span></p></div><ul><li>Chime Finally Turns Profitable—But Risks Remain</li></ul><p>A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. DecisionMap Wealth Management LLC lifted its stake in  Bank of America by 4.7% in the fourth quarter. DecisionMap Wealth Management LLC now owns 4,061 shares of the financial services provider's stock worth $223,000 after acquiring an additional 182 shares during the period.  Money Concepts Capital Corp lifted its stake in  Bank of America by 3.8% in the fourth quarter. Money Concepts Capital Corp now owns 4,964 shares of the financial services provider's stock worth $273,000 after acquiring an additional 182 shares during the period.  Holistic Financial Partners lifted its stake in  Bank of America by 2.4% in the fourth quarter. Holistic Financial Partners now owns 7,896 shares of the financial services provider's stock worth $434,000 after acquiring an additional 183 shares during the period.  Asahi Life Asset Management CO. LTD. lifted its stake in  Bank of America by 1.0% in the fourth quarter. Asahi Life Asset Management CO. LTD. now owns 19,847 shares of the financial services provider's stock worth $1,092,000 after acquiring an additional 187 shares during the period.  Finally, Riverview Capital Advisers LLC lifted its stake in  Bank of America by 4.2% in the third quarter. Riverview Capital Advisers LLC now owns 4,686 shares of the financial services provider's stock worth $242,000 after acquiring an additional 188 shares during the period. Hedge funds and other institutional investors own  70.71% of the company's stock. </p><h2>Insider Buying and Selling</h2><p>In other news, insider Bernard A. Mensah sold 94,000 shares of Bank of America stock in a transaction dated Thursday, March 12th. The stock was sold at an average price of $46.94, for a total value of $4,412,360.00. Following the completion of the transaction, the insider owned 170,184 shares of the company's stock, valued at $7,988,436.96. The trade was a 35.58% decrease in their position. The transaction was disclosed in a document filed with the Securities &amp; Exchange Commission, which is available through the SEC website. Also, insider James P. Demare sold 83,832 shares of Bank of America stock in a transaction dated Wednesday, March 4th. The stock was sold at an average price of $50.00, for a total value of $4,191,600.00. Following the completion of the transaction, the insider directly owned 307,240 shares of the company's stock, valued at approximately $15,362,000. This represents a 21.44% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 354,588 shares of company stock worth $17,814,296 in the last 90 days. 0.27% of the stock is owned by company insiders. </p><h2>Key Bank of America News</h2><ul><li>Wells Fargo’s Comeback Is Real—But Not Risk-Free</li></ul><p>Here are the key news stories impacting Bank of America this week:</p><ul>   <li><span>Negative Sentiment: </span>CFRA cut <strong>Bank of America (BAC)</strong> to <strong>Hold</strong>, suggesting limited near-term upside after the recent run in large bank stocks and weighing on sentiment toward the shares. <i></i><span>Bank of America Cut to Hold by CFRA: Is the Big Bank Trade Running Out of Gas?</span></li>   <li><span>Neutral Sentiment: </span>Bank of America released a Better Money Habits study showing Gen Z is increasingly managing expenses on its own, but the report is mainly a consumer insight update and does not directly change earnings expectations. <i></i><span>BofA Study Finds Fewer Gen Z Rely on Family for Financial Assistance, Even With 42% Living Paycheck to Paycheck</span></li>   <li><span>Neutral Sentiment: </span>Financial stocks were weaker ahead of the open, pointing to broader sector pressure that can spill over into <strong>BAC</strong> even without company-specific news. <i></i><span>Sector Update: Financial Stocks Fall Pre-Bell Tuesday</span></li> </ul><h2>Analyst Ratings Changes</h2><p>A number of analysts recently commented on the company. JPMorgan Chase &amp; Co. dropped their price target on Bank of America from $61.50 to $57.50 and set an &#34;overweight&#34; rating for the company in a research note on Tuesday, April 7th. UBS Group raised their price objective on Bank of America from $62.00 to $63.00 in a research report on Wednesday, May 6th. Morgan Stanley lowered their price objective on Bank of America from $67.00 to $61.00 and set an &#34;overweight&#34; rating for the company in a research report on Tuesday, March 31st. Keefe, Bruyette &amp; Woods raised their price objective on Bank of America from $63.00 to $64.00 and gave the company an &#34;outperform&#34; rating in a research report on Thursday, April 16th. Finally, Autonomous Res lowered their price objective on Bank of America from $62.00 to $54.00 and set a &#34;neutral&#34; rating for the company in a research report on Monday, April 6th. Twenty-two investment analysts have rated the stock with a Buy rating and five have issued  a Hold rating to the company. Based on data from MarketBeat.com, Bank of America currently has a consensus rating of &#34;Moderate Buy&#34; and an average target price of $61.06.</p><ul><li>The New Fed Chair Trade: Who Wins When Warsh Takes the Helm?</li></ul><p><b>Check Out Our Latest Analysis on BAC</b></p><h2>Bank of America Price Performance</h2><p>BAC opened at $50.67 on Wednesday. The stock has a 50-day moving average price of $50.46 and a 200-day moving average price of $52.41. The company has a debt-to-equity ratio of 1.18, a current ratio of 0.81 and a quick ratio of 0.81. The firm has a market cap of $359.59 billion, a PE ratio of 12.54, a P/E/G ratio of 0.86 and a beta of 1.21. Bank of America Corporation has a 1 year low of $42.35 and a 1 year high of $57.55. </p><p>Bank of America (NYSE:BAC - Get Free Report) last posted its quarterly earnings results on Wednesday, April 15th. The financial services provider reported $1.11 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.00 by $0.11. The firm had revenue of $30.27 billion during the quarter, compared to analyst estimates of $29.72 billion. Bank of America had a return on equity of 11.49% and a net margin of 16.78%.Bank of America's quarterly revenue was up 10.7% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.90 EPS.  Sell-side analysts predict that  Bank of America Corporation will post 4.46 earnings per share for the current fiscal year. </p><h2>Bank of America Announces Dividend</h2><p>The business also recently declared a quarterly dividend, which will be paid on Friday, June 26th. Stockholders of record on Friday, June 5th will be given a $0.28 dividend. This represents a $1.12 annualized dividend and a dividend yield of 2.2%. The ex-dividend date of this dividend is Friday, June 5th. Bank of America's payout ratio is currently 27.72%. </p><h2>Bank of America Profile</h2> (Free Report)<p>Bank of America Corporation is a multinational financial services company headquartered in Charlotte, North Carolina. It provides a broad array of banking, investment, asset management and related financial and risk management products and services to individual consumers, small- and middle-market businesses, large corporations, governments and institutional investors. The firm operates through consumer banking, global wealth and investment management, global banking and markets businesses, offering capabilities across lending, deposits, payments, advisory and capital markets.  </p><p>Its consumer-facing offerings include checking and savings accounts, mortgages, home equity lending, auto loans, credit cards and small business banking, supported by a nationwide branch network and digital channels.</p><h2>Featured Articles</h2><ul><li>Five stocks we like better than Bank of America</li><li>HIVE Weaponizes Power for an AI Pivot</li><li>A Deep Dive Into NVIDIA’s Latest Portfolio Moves</li><li>Brady Corp Wires Up a Massive AI-Powered Breakout</li><li>Why Home Depot’s Sell-Off Could Become a Huge Opportunity</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUJBQw?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUJBQw"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Bank of America Right Now?</h2><p>Before you consider Bank of America, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Bank of America wasn't on the list.</p><p>While Bank of America currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

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<p>Intrust Bank NA reduced its holdings in Bank of America Corporation (NYSE:BAC) by 48.3% in Q4, owning 94,162 shares worth $5,179,000 after selling 87,868 shares. Other institutional investors also adjusted their stakes. Insider selling included significant transactions by Bernard A. Mensah and James P. Demare. Analysts have mixed sentiments, with CFRA downgrading BAC to Hold and JPMorgan lowering its price target.</p>

- Intrust Bank NA reduced its stake in Bank of America Corporation by 48.3% in Q4, now holding 94,162 shares valued at $5,179,000.  
- Several institutional investors increased their stakes in Bank of America, with DecisionMap Wealth Management LLC raising its investment by 4.7%.  
- Bank of America recently reported Q1 earnings exceeding estimates, generating $30.27 billion in revenue, along with a declared quarterly dividend of $0.28.

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BANK OF AMERICA CORPORATION DEP SHS REP 1/1000TH INT NON CUM PFD QQ

BANK OF AMERICA CORPORATION DEP SHS REP 1/1200TH PRF SERIES '5'

BANK OF AMERICA CORPORATION 7.25% NON-CUM PERP CONV PFD SER L

BANK OF AMERICA CORPORATION 5.875%NON CUM DEP SHS REP1/1000TH SER HH

BANK OF AMERICA CORPORATION DEP SHS REP 1/1200TH PRF SERIES '2'

BANK OF AMERICA CORPORATION 5% DEP SHS REPR 1/1000TH NON CUM PFD LL

BANK OF AMERICA CORPORATION DEP SHARES REP 1/1000TH PERP PFD SER 'E'

BANK OF AMERICA CORPORATION INCOME CAPITAL OBLIG NTS DUE 15/12/2066

BANK OF AMERICA CORPORATION 4.375% DP SH RP 1/1000TH IN NON CU PF NN

BANK OF AMERICA CORPORATION DEP SH REP 1/1200TH PRF SER 1 USD25

BANK OF AMERICA CORPORATION 5.375%DEP SHS REP 1/1000TH NON CUM SR KK

BANK OF AMERICA CORPORATION 6%NON CUM DEP SHS EACH REP 1/1000 SER GG

BANK OF AMERICA CORPORATION DEP SHS REP 1/1200 PFD SER 4 USD25

BANK OF AMERICA CORPORATION DEP SHS REP 1/1000TH NON CUM PFD SER SS

BANK OF AMERICA CORPORATION 4.125%DEP SH REP 1/1000 PFD SER PP USD25

Bank of America Corp

WELLS FARGO & COMPANY DP SHS REP 1/1000TH INT NCUM PFD CL A DD

WELLS FARGO & COMPANY 7.5% PERP CONV PRF CLS 'A' SERIES 'L'

WELLS FARGO & COMPANY DEP SHS REP 1/1000 INT PER PFD SER Y A

WELLS FARGO & COMPANY DP SHS REP 1/1000TH INT NCUM PFD CL A CC

WELLS FARGO & COMPANY 4.75% DEP SHS 1/1000 NCUM PFD CL A SR Z

WELLS FARGO & COMPANY DEP SHS REP 1/1000TH INT PFD SR AA (CLA)

JPMORGAN CHASE & CO. 4.20% DEP SHS REPSTG 1/400TH PFD SER MM

JPMORGAN CHASE & CO. 6%NON CUM DEP SHS REP 1/400TH PFD SER EE

JPMORGAN CHASE & CO. DEP REP 1/400TH (5.75% NON CUM PFD DD)

JPMORGAN CHASE & CO. 4.625% DEP SH RE 1/400TH INT NO CU PF LL

JPMorgan Chase & Co.

JPMORGAN CHASE & CO. 4.55% DEP SHS REPSTG 1/400TH PFD SER JJ

JPMORGAN CHASE & CO. 4.75 DEP SHS REP 1/400 NCUM PFD SR GG

MORGAN STANLEY DEP SHS EA REP 1/1000 SHS NON CUM PFD O

MORGAN STANLEY DEP SHS REPSTG 1/1000TH PFD SER Q

MORGAN STANLEY DEP SHS REPS 1/1000 7.125% PFD E

MORGAN STANLEY NON-CUM DEP SH REP 1/1000 PFD SER I

MORGAN STANLEY 4.875 DEP SHS REP 1/1000 NCUM PFD SR L

MORGAN STANLEY 6.5%DEP SHS REPSTG 1/1000 NON CUM SER P

MORGAN STANLEY DEP SHS REPS 1/1000 PFD SER 'A'

MORGAN STANLEY DEP SHS REPR 1/1000TH INT PFD SER 'F' FX

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Intrust Bank NA Reduces Stock Holdings in Bank of America Corporation $BAC