Bank of America Announces 2026 Art Conservation Grants

Written by Emily J. Thompson, Senior Investment Analyst

Source: Newsfilter

Updated: 1 hour ago

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BAC-1.22%

Should l Buy BAC?

Source: Newsfilter

Global Commitment to Art Conservation: Bank of America will award grants to 18 nonprofit cultural institutions across 10 countries in 2026, demonstrating its strong commitment to global art conservation efforts.
Projects Include Iconic Masterpieces: This year's projects feature the conservation of internationally renowned works such as Rembrandt's The Night Watch, Picasso's The Old Guitarist, Matisse's La Négresse, and Titian's Bacchus and Ariadne, showcasing a diverse range of artistic traditions and conservation needs.
Cultural Heritage Preservation: Since 2010, the Bank of America Art Conservation Project has supported over 15,000 projects in 40 countries, helping to safeguard historically and culturally significant works vulnerable to time and environmental stress, ensuring they remain accessible to the public.
Integration of Technology and Art: The projects utilize various conservation techniques, including meticulous surface cleaning and modern imaging tools, aimed at ensuring these artworks remain visible and enjoyed by future generations, reflecting innovation and development in art conservation.

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Analyst Views on BAC

Wall Street analysts forecast BAC stock price to rise

19 Analyst Rating

15 Buy

4 Hold

0 Sell

Strong Buy

Current: 53.120

Low

55.00

Averages

61.64

High

71.00

Current: 53.120

Low

55.00

Averages

61.64

High

71.00

Oppenheimer

Outperform

maintain

$58 -> $61

2026-04-16

Reason

Oppenheimer

Price Target

$58 -> $61

AI Analysis

2026-04-16

maintain

Outperform

Reason

Oppenheimer raised the firm's price target on Bank of America to $61 from $58 and keeps an Outperform rating on the shares following quarterly results. In line with the firm's theme on the banks, the beat was driven by a bunch of little things rather than any one big thing. Pre-provision earnings were slightly better, charge-offs slightly lower, and bigger than expected share repurchases driving the share count slightly lower.

Truist

Buy

maintain

$57 -> $61

2026-04-16

Reason

Truist

Price Target

$57 -> $61

2026-04-16

maintain

Buy

Reason

Truist raised the firm's price target on Bank of America to $61 from $57 and keeps a Buy rating on the shares after its better than expected Q1 results. The firm incorporates 8% net interest income growth this year, at the high-end of the company's new guidance range, as well as better assumed growth in trading, investment banking, and wealth management fees, the analyst tells investors in a research note.

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About BAC

Bank of America Corporation is a bank holding company and a financial holding company. Its segments include Consumer Banking, Global Wealth & Investment Management (GWIM), Global Banking and Global Markets. Consumer Banking segment offers a range of credit, banking and investment products and services to consumers and small businesses. The GWIM includes two businesses: Merrill Wealth Management, which provides tailored solutions to meet clients' needs through a full set of investment management, brokerage, banking and retirement products and Bank of America Private Bank, which provides comprehensive wealth management solutions. Global Banking segment provides a range of lending-related products and services, integrated working capital management and treasury solutions, and underwriting and advisory services. Global Markets segment offers sales and trading services and research services to institutional clients across fixed-income, credit, currency, commodity, and equity businesses.

About the author

Emily J. Thompson

Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.

Bank of America Funds 18 Art Conservation Projects

2 hours agoYahoo Finance

Global Art Conservation Commitment: Bank of America is awarding grants to 18 nonprofit cultural institutions across 10 countries in 2026, covering a wide range of artistic forms from fragile paper works to paintings, reflecting its strong commitment to global art preservation.
Significant Artwork Conservation: This year's projects include the conservation of internationally renowned masterpieces such as Rembrandt's The Night Watch and Picasso's The Old Guitarist, which is expected to enhance public accessibility and appreciation of these artworks.
Cultural Heritage Protection: Since 2010, the Bank of America Art Conservation Project has supported over 15,000 projects in 40 countries, helping to safeguard historically and culturally significant works vulnerable to time and environmental stress, ensuring they remain accessible for future generations.
Diverse Conservation Techniques: The projects showcase a variety of conservation techniques, including meticulous surface cleaning and advanced imaging tools, aimed at ensuring these artworks remain visible and accessible for years to come.

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Bank of America Funds Global Art Conservation Projects

1 hour agoPRnewswire

Global Commitment to Art Conservation: Bank of America announced grants for 18 nonprofit cultural institutions across 10 countries, reflecting its global commitment to art conservation, which is expected to enhance these institutions' ability to preserve art and improve public accessibility.
Diverse Conservation Techniques: This year's projects encompass a wide range of artistic forms, employing advanced preservation techniques, such as imaging tools, to ensure these works remain accessible for public enjoyment in the future, thereby enhancing the technical depth of art conservation.
Cultural Heritage Protection: Since 2010, the Bank of America Art Conservation Project has supported over 15,000 projects in 40 countries, aiming to safeguard historically and culturally significant works vulnerable to time and environmental stress, reinforcing its leadership in global art conservation.
Commitment to Public Display: All conserved works will return to public display, further solidifying Bank of America's commitment to public access to art, ensuring that the stories of these artworks can be passed on to future generations.