---
title: "Bank of America Stock Slides Monday: What's Driving the Action?"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/298956837.md"
description: "Bank of America (BAC) shares dropped 5.95% on Monday following CEO Brian Moynihan's cautious guidance for the third quarter. Moynihan projected flat year-over-year sales and trading revenue and investment banking fees between $1.6 billion and $1.8 billion, falling short of Wall Street estimates near $2 billion. This outlook signaled a deceleration in institutional activity, prompting a broader pullback in large-cap financial equities."
datetime: "2026-09-14T19:27:28.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/298956837.md)
  - [en](https://longbridge.com/en/news/298956837.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/298956837.md)
generator: "portal-rs"
---

# Bank of America Stock Slides Monday: What's Driving the Action?

Shares of **Bank of America Corp**. (NYSE:BAC) are trading lower Monday afternoon as cautionary guidance from Chief Executive Officer **Brian Moynihan** regarding third-quarter trading performance and dealmaking fees weighed on major financial equities.

-   Bank of America shares are retreating from recent levels. Why is BAC stock dropping?

## **Moynihan Signals Flat Sales & Trading and Muted Deal Fees at Conference**

Speaking at an industry conference on Monday, Moynihan informed investors that Bank of America’s third-quarter sales and trading revenue is expected to come in roughly flat year-over-year. Furthermore, Moynihan projected that investment banking fees for the quarter will land between $1.6 billion and $1.8 billion. 

The $1.6 billion to $1.8 billion fee guidance fell noticeably short of Wall Street consensus estimates near $2 billion, representing a year-over-year decline of more than 10%. 

Additionally, the flat sales and trading outlook marks a sharp deceleration from the second quarter’s 33% revenue surge, potentially signaling that institutional client activity is normalizing faster than anticipated.

The softer investment banking outlook and flat market-making guidance prompted a broader pullback across large-cap financial equities Monday afternoon.

## BAC Shares Drop Monday Afternoon

**BAC Price Action:** Bank of America shares were down 5.95% at $58.96 at the time of publication on Monday, according to Benzinga Pro data.

 **Read Also: Nasdaq 100 Slips as AI Leaders Urge a Slowdown, 10-Year Yield Touches 5%: Stock Market Today** 

*Image: Shutterstock*

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---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**