Goldman Sachs Bank Stocks: 12 Stocks to Buy

Page 8 of 10

3. Bank of America Corporation (NYSE:BAC)

Number of Hedge Fund Holders: 115

Goldman Sachs’ Stake Value: $2,062,292,436

Bank of America Corporation (NYSE:BAC) is one of the best Goldman Sachs bank stocks. On September 9, KBW assigned an Outperform rating on BAC, along with a price target of $57.

KBW analyst Chris McGratty assigned the Outperform rating after comments from Bank of America CFO Alastair Borthwick at a peer conference addressing market conditions and expected results. The stock trades at a P/E of 14.35 and provides a 2.26% dividend yield, reflecting consistent returns for investors.

KBW also pointed out that BAC’s team provided commentary on net interest income trends and upcoming Q3 2025 capital markets performance during the presentation. According to the report, expectations for stronger capital markets in Q3 2025 are offset by higher cost forecasts, resulting in a more even financial outlook.

Page 8 of 10