Bank of America Corporation (BAC) Evaluates New Credit Cards With 10% Rate

1 week ago 6

Rameen Kasana

Mon, January 26, 2026 astatine 9:13 AM CST 2 min read

Bank of America Corporation (NYSE:BAC) is among the most profitable fiscal stocks to put in. On January 22, Reuters reported that Bank of America Corporation (NYSE:BAC) is weighing options to present caller recognition cards offering a 10% involvement complaint to conscionable President Donald Trump’s demands, according to a root acquainted with the matter.

Separately, TD Cowen trimmed the terms people connected Bank of America Corporation (NYSE:BAC) to $64 from $66 and maintained a Buy standing connected January 15. This downward terms adjustment, suggesting an upside imaginable of 23%, comes aft the bank’s fourth-quarter 2025 results, successful which it surpassed marketplace expectations by delivering a halfway EPS of $0.98. This was chiefly fueled by a pullback successful provisions and flimsy nett involvement income upside.

Bank of America (BAC) Needs Higher Rates, Says Jim Cramer

Bank of America (BAC) Needs Higher Rates, Says Jim Cramer

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Since the company’s net announcement connected January 14, BAC has declined by astir 2%. TD Cowen attributed this driblet to the bank’s near-term operating leverage projection of 200 ground points for FY26, present astatine the bottommost extremity of its medium-term scope of 200 to 300 ground points. Despite this, TD Cowen remains optimistic astir Bank of America Corporation (NYSE:BAC)’s wide performance.

Bank of America Corporation (NYSE:BAC) is simply a North Carolina-based supplier of assorted fiscal products and services. Founded successful 1784, the slope operates done 4 segments: Consumer Banking, Global Wealth & Investment Management (GWIM), Global Banking, and Global Markets.

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READ NEXT: The Best and Worst Dow Stocks for the Next 12 Months and 10 Unstoppable Stocks That Could Double Your Money.

Disclosure: None.


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