Following the release of its Q3 financial report, management announced the redemption of all outstanding 1.949% fixed/floating-rate senior notes worth $1.9 billion on October 27, 2025 — one year earlier than the original maturity date of October 27, 2026. Bondholders will receive €1,000 per note plus accrued interest. Additionally, the bank confirmed regular dividend payments on preferred shares for November and December, with the largest payouts going to holders of non-cumulative Series F and G preferred stocks, at $1,187.90 per share. The last dividend on common stock was paid on September 26, amounting to $0.28 per share or a yield of 2.21%.

The report showed revenue falling from $34.87 billion to $28.09 billion, still above $25.35 billion in the same period a year earlier. Earnings per share rose from $0.95 to $1.06, compared to $0.81 in the previous year.

Support and Resistance Levels

On the daily chart, the instrument remains above the ascending channel’s support line between 58.00–50.00.

Technical indicators maintain a mixed buy signal: the Alligator indicator bands are widening upward, fast EMAs remain above the signal line, and the AO histogram forms rising bars in positive territory.

Resistance levels: 53.30, 58.00.

Support levels: 50.40, 44.60.

Bank of America Corp Chart

Trading Scenarios and Bank of America Corp Forecast

Long positions may be opened after the price rises and consolidates above 53.30, targeting 58.00 with a stop-loss at 51.00. Expected duration: 7 days or more.

Short positions may be opened after a decline and consolidation below 50.40, targeting 44.60 with a stop-loss at 52.50.

Scenario

Timeframe Weekly
Recommendation BUY STOP
Entry Point 53.35
Take Profit 58.00
Stop Loss 51.00
Key Levels 44.60, 50.40, 53.30, 58.00

Alternative Scenario

Recommendation SELL STOP
Entry Point 50.35
Take Profit 44.60
Stop Loss 52.50
Key Levels 44.60, 50.40, 53.30, 58.00