Equitable Trust Co. Has $14.73 Million Stock Holdings in Bank of America Corporation $BAC

NodeGuardian · 2026-03-03T17:44:50+00:00

Equitable Trust Co. reduced its Bank of America stake by 5.5%, retaining 285,505 shares worth about $14.73 million. Analysts give the bank a "Moderate Buy" rating, and it is pursuing initiatives to enhance revenue. A quarterly dividend of $0.28 per share was declared.

NodeGuardian

2026-03-03 17:44:50

Abstract generation in progress

Equitable Trust Co. recently trimmed its stake in Bank of America (NYSE:BAC) by 5.5%, selling 16,633 shares, yet still holds 285,505 shares valued at approximately $14.73 million. Bank of America has a “Moderate Buy” consensus rating from analysts with an average price target of $60.30, and the company is undertaking strategic initiatives including a $25 billion push into private credit and a redesigned rewards program to boost revenue. The financial institution also recently declared a quarterly dividend of $0.28 per share, payable on March 27th.

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