Bank of America (BAC) Faces Long-Term Risks From Rising Expense Pressures

Bank of America Corporation (NYSE:BAC) ranks among the best financial stocks to buy according to billionaire Israel Englander. On January 7, Wolfe Research downgraded Bank of America Corporation (NYSE:BAC) from Outperform to Peer Perform, citing limited growth and concerns about a rise in expenses in 2026. The firm added that, although Bank of America Corporation (NYSE:BAC) has outpaced both the overall market and the banking sector since Wolfe’s early 2024 rating, its projected earnings tailwinds have bee ...