Bank of America Corporation (BAC) Releases Q2 2025 Results; Oppenheimer Reduces PT

Bank of America Corporation (NYSE:BAC), with its low price-to-earnings multiple and significant presence in Warren Buffett’s investment portfolio, secures a spot on our list of the 12 Cheap Value Stocks to Buy Now According to Warren Buffett.

Bank of America Corporation (BAC) Releases Q2 2025 Results; Oppenheimer Reduces PT

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On July 16, 2025, Bank of America Corporation (NYSE:BAC) released its Q2 2025 results. The company exceeded analysts’ earnings per share (EPS) expectations of $0.86, reporting $0.89. A YOY revenue increase of 4% helped the company achieve $26.6 billion in revenue. Solid organic growth across its business segments drove this growth.

Meanwhile, Bank of America Corporation (NYSE:BAC) reported a record $14.8 billion in net interest income (NII), a 7% increase from the previous year. Operating income, on the other hand, was $7.1 billion, generating a return on tangible common equity of 13.4%. At the same time, the bank maintained a strong capital return strategy with a $5.3 billion share repurchase.

However, the following day, Oppenheimer reduced its price target on Bank of America Corporation (NYSE:BAC) from $57 to $55, maintaining an ‘Outperform’ rating. The analyst attributed the target reduction to weaker-than-expected performance of the company in Q2 2025. However, the investment firm believes the bank is well-placed for strong future growth.

Bank of America Corporation (NYSE:BAC) offers consumer banking, wealth management, and investment banking services. It is included in our list of the cheap value stocks to buy.

While we acknowledge the potential of BAC to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than BAC and that has 100x upside potential, check out our report about this cheapest AI stock.

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Disclosure: None.