Bank of America Corporation (BAC): One of the Top Financial Stocks According to Berkshire Hathaway

Bank of America Corporation (NYSE:BAC) is simply a semipermanent stake of Berkshire Hathaway. The banal has consistently featured successful the 13F portfolio of the hedge money since the 3rd 4th of 2017. Back then, this presumption comprised 679 cardinal shares. The money steadily added to this involvement successful the coming months, increasing it to much than 877 cardinal shares by precocious 2018 and past to implicit 1 cardinal shares by aboriginal 2023. Since then, this involvement has been trimmed. Filings for the archetypal 4th of 2026 amusement that the money owns implicit 513 cardinal shares successful the company, down a small nether 1% compared to filings for the erstwhile quarter.

Bank of America Corporation (NYSE:BAC) posted net for the archetypal 4th of 2026 successful mid-April, comfortably beating expert expectations. The steadfast posted a diluted EPS of $1.11, handily beating the Wall Street statement forecast of $1.01 to $1.02 per share. Total gross grew 7.2% year-over-year to $30.43 billion. The nett involvement income spread betwixt what the slope collects connected loans and what it pays to depositors expanded to $15.9 billion, representing a 9% year-over-year summation that outpaced the $15.67 cardinal forecast reported by CNBC. Investment banking fees of the slope person skyrocketed 21% to $1.8 billion, driven by large roles successful multibillion-dollar mega-mergers, specified arsenic Devon Energy's $26 cardinal woody and Boston Scientific's $14.9 cardinal acquisition of Penumbra.

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