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Bank of America Hits $55: A Near 20-Year High
16 Dec
Summary
- Bank of America stock reached $55, its highest since November 2006.
- Strong Q3 earnings show a 43% surge in investment banking fees.
- Bitcoin ETFs will debut for wealth management clients in January 2026.
Bank of America's share price achieved a significant milestone, reaching $55 on December 12, 2025. This marks the highest valuation for the company's stock since November 2006, signifying a complete recovery from the substantial losses incurred during the 2008-09 global financial crisis. The stock's upward trajectory has been consistent, poised for an eighth consecutive month of gains by the end of December 2025.
Recent performance indicators highlight the bank's financial strength, with Q3 2025 earnings revealing a notable 43% surge in investment banking fees. This revenue stream, derived from corporate and high net worth individual transactions, underscores robust activity in its financial services division. Looking further ahead, the bank anticipates its market business revenue to increase by up to 10% in Q4 2025, further bolstered by an anticipated stock buyback program.
