<div id="readability-page-1"><div><ul> <li>Bank of America has announced that Aditya Bhasin, its long-serving chief technology and information officer, has retired, with Hari Gopalkrishnan, an internal technology leader, taking over his responsibilities, and the company also recently completed a significant share repurchase program totaling over US$16 billion.</li> <li>This leadership transition, coupled with the major buyback completion, signals a continued commitment to technological innovation and disciplined capital allocation within the organization.</li> <li>We'll explore how the appointment of a new technology chief could influence Bank of America's digital growth and longer-term investment outlook.</li> </ul><p>We've found 18 US stocks that are forecast to pay a dividend yield of over 6% next year. See the full list for free.</p><h2>Bank of America Investment Narrative Recap</h2><p> To believe in Bank of America as a shareholder, you need confidence in the bank’s ability to drive digital innovation and disciplined capital allocation, especially in a landscape of changing economic conditions. The recent executive reshuffle and completion of a US$16 billion share buyback do not materially change the near-term catalyst, namely, continued gains from digital banking initiatives, but rising market volatility and shifting deposit costs remain key risks that could pressure margins and earnings. </p> <p> Among recent announcements, the completed repurchase of 371,513,103 shares signals a focus on returning value to shareholders and boosting earnings per share. This move supports one of the most important near-term catalysts for the stock, although it does not address longer-term headwinds to revenue growth and net interest income. Yet, investors should pay close attention to how evolving competition for deposits might start to impact... </p> <p>Read the full narrative on Bank of America (it's free!)</p><p>Bank of America's narrative projects $122.1 billion revenue and $32.9 billion earnings by 2028. This requires 7.4% yearly revenue growth and a $6.3 billion earnings increase from $26.6 billion.</p><p>Uncover how Bank of America's forecasts yield a $53.08 fair value, a 15% upside to its current price.</p><h2>Exploring Other Perspectives</h2><figure><img height="476" src="https://imageproxy.pbkrs.com/https://images.simplywall.st/company/619d42a7-1cdc-4616-a6d0-bd5e205e4093/chart/community-fair-value?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="746" original-src="https://imageproxy.pbkrs.com/https://images.simplywall.st/company/619d42a7-1cdc-4616-a6d0-bd5e205e4093/chart/community-fair-value"/><figcaption>BAC Community Fair Values as at Aug 2025</figcaption></figure> <p> Eighteen members of the Simply Wall St Community estimate Bank of America’s fair value from US$37.34 to US$61.13 per share. As you weigh these opinions, remember rising deposit competition could influence future returns. </p><p>Explore 18 other fair value estimates on Bank of America - why the stock might be worth as much as 33% more than the current price!</p><h2>Build Your Own Bank of America Narrative</h2><p>Disagree with existing narratives? Create your own in under 3 minutes - extraordinary investment returns rarely come from following the herd.</p><ul><li>A great starting point for your Bank of America research is our analysis highlighting 4 key rewards and 1 important warning sign that could impact your investment decision.</li><li>Our free Bank of America research report provides a comprehensive fundamental analysis summarized in a single visual - the Snowflake - making it easy to evaluate Bank of America's overall financial health at a glance.</li></ul><h2>Looking For Alternative Opportunities?</h2><p>Our daily scans reveal stocks with breakout potential. 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Find the next big opportunity with these 20 smaller AI-focused companies with strong growth potential through early-stage innovation in machine learning, automation, and data intelligence that could fund your retirement.</li><li>Explore 26 top quantum computing companies leading the revolution in next-gen technology and shaping the future with breakthroughs in quantum algorithms, superconducting qubits, and cutting-edge research.</li></ul> <p><em> This article by Simply Wall St is general in nature. <strong>We provide commentary based on historical data     and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice.</strong> It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your     financial situation. We aim to bring you long-term focused analysis driven by fundamental data.     Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material.     Simply Wall St has no position in any stocks mentioned.</em></p></div></div>

<p>Bank of America has appointed Hari Gopalkrishnan as the new chief technology officer following the retirement of Aditya Bhasin. The bank also completed a $16 billion share buyback, indicating a focus on technological innovation and capital allocation. While these changes support digital growth, risks such as market volatility and deposit competition could impact margins. The bank projects $122.1 billion in revenue and $32.9 billion in earnings by 2028, with a fair value estimate of $53.08, suggesting a 15% upside from the current price.</p>

- Bank of America has announced the retirement of chief technology officer Aditya Bhasin, with Hari Gopalkrishnan succeeding him, alongside the completion of a US$16 billion share repurchase program.  
- This leadership change and buyback reflect the bank's commitment to technological innovation and disciplined capital allocation, although rising market volatility poses risks to margins and earnings.  
- The bank projects $122.1 billion in revenue and $32.9 billion in earnings by 2028, requiring consistent growth amid increasing competition for deposits.  

Does New Tech Leadership and $16 Billion Buyback Reflect a Shift in Bank of America’s (BAC) Strategy?