12 Best Fintech Stocks to Buy in 2025

Page 9 of 11

3. Bank of America Corporation (NYSE:BAC)

Number of Hedge Fund Holders: 113

Contrary to popular belief, Bank of America Corporation (NYSE:BAC) is a fintech firm. CEO Brian Moynihan and his team have performed an outstanding job of strengthening asset quality and stressing efficiency in the more than 15 years since the 2008–2009 financial crisis. The role of technology has been significant. Javelin has ranked the firm as the best bank for “Online Banking and Mobile Banking Functionality,” while Global Finance named it the “Best Consumer Digital Bank in the United States.” The firm will become more efficient as more clients utilize the bank’s first-rate digital channels. It is a distinctive and one of the Best Fintech Stocks that is worth exploring.

Bank of America Corporation (NYSE:BAC) reported $27.4 billion in revenue in the first quarter of 2025, a 6% year-over-year growth. Across all company segments, higher noninterest income was the main driver of the rise. Moreover, net interest income increased by 3% to $14.4 billion from the previous year.

The balance sheet of Bank of America Corporation (NYSE:BAC) continued to rise, with average deposits of $1.96 trillion for the seventh consecutive quarter. During the quarter, the business returned $6.5 billion to shareholders, including $2.0 billion in dividends on common stock and $4.5 billion in share repurchases.

After the company “leaps over lowered bar” with its quarterly performance, UBS increased its price objective on Bank of America Corporation (NYSE:BAC) from $46 to $50 and maintained a Buy rating on the shares.

Page 9 of 11