Bank of america investing macro tailwinds such as easing

Macro tailwinds such as easing inflation and stabilizing consumer balance sheets could support multiple expansion for Bank of America investing, with some strategists targeting a P/E re-rating to 11.5x in early Future P/E ratio has risen from 13.80x to 14.17x, suggesting a slightly higher multiple being used for forward earnings expectations. Several analysts underscore Bank of America’s solid execution, prudent cost control, and consistent transparency. These factors are viewed as supportive of earnings growth into 2026. Analysts at Barclays, for example, raised their price target to $58, citing demonstrated momentum in core revenue streams and operating leverage. Bank of America investing performance is closely tied to consumer credit trends; July 2024 data shows credit card delinquencies holding steady, supporting a positive bias for the bank’s retail lending revenue outlook.