BAC Bank of America Corporation

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Bank of America Beat Expectations

Tuesday, July 14, 2026 · 6:45 AM ET

Bank of America (BAC) reported earnings of $1.21 per share on revenue of $49.39 billion for the second quarter ended June 2026. The consensus earnings estimate was $1.13 per share on revenue of $30.62 billion. The Earnings Whisper number was $1.15 per share. The company beat expectations by 5.22% while revenue grew 5.84% on a year-over-year basis.

Chair and CEO Brian Moynihan, said, "The team delivered one of our strongest quarters to date, with earnings per share up 34% year-over-year. Every business segment reported double digit net income growth and strong returns on equity. Revenue increased 15% from last year as we deepened relationships with existing clients and welcomed new ones. Against a healthy economic backdrop, resilient consumers and businesses are turning to Bank of America to spend, borrow and invest. It was also an exceptional quarter for our markets-facing businesses, with investment banking fees up 50% year-over-year. Near-term, pipelines remain strong, and commercial borrowing has picked up. "

Bank of America Corporation is a bank holding and a financial holding company. Through its subsidiaries, it provides banking and non-banking financial services and products throughout the United States and in selected international markets.

Earnings Whisper Grade
Power Rating
Reported Earnings
$1.21
Earnings Whisper®
$1.15
Consensus Estimate
$1.13
Earnings Surprise
Earnings Growth36.0 %
Reported Revenue
$49.39B
Revenue Estimate
$30.62B

Consensus estimates for banks and some financial institutions are for net interest income, which may not be comparable to reported revenue.

Revenue Surprise
Revenue Growth5.8 %

Bank of America Reports Second Quarter 2026 Financial Results

CHARLOTTE, N.C., July 14, 2026 /CNW/ -- Bank of America reported its second quarter 2026 financial results today. The news release, supplemental filing and investor presentation can be accessed at Bank of America's Investor Relations website at https://investor.bankofamerica.com/quarterly-earnings.

A Form 8-K containing Bank of America's financial results is also available at the U.S. Securities and Exchange Commission's website at https://www.sec.gov.

Investor Conference Call information

Chair and CEO Brian Moynihan and Executive Vice President and CFO Alastair Borthwick will discuss the financial results in an investor conference call at 8:30 a.m. ET today. For a listen-only connection to the conference call, dial 1.877.200.4456 (U.S.) or 1.785.424.1732 (international), and the conference ID is 79795. Please dial in 10 minutes prior to the start of the call.

Investors can listen to live audio of the conference call and view the presentation slides by visiting the "Events and Presentations" section of the company's Investor Relations website.

Replay information for Investor Conference Call

Investors can access replays of the investor conference call by visiting the Investor Relations website or by calling 1.800.934.4850 (U.S.) or 1.402.220.1178 (international) from noon on July 14 through 11:59 p.m. ET on July 24

Bank of America

Bank of America is one of the world's leading financial institutions, serving individual consumers, small and middle-market businesses and large corporations with a full range of banking, investing, asset management and other financial and risk management products and services. The company provides unmatched convenience in the United States, serving nearly 70 million clients with approximately 3,500 retail financial centers, approximately 15,000 ATMs (automated teller machines) and award-winning digital banking with approximately 60 million verified digital users. Bank of America is a global leader in wealth management, corporate and investment banking and trading across a broad range of asset classes, serving corporations, governments, institutions and individuals around the world. As the #1 small business lender in the United States (FDIC), Bank of America offers industry leading support to approximately 4 million small business households through a suite of innovative, easy-to-use online products and services. The company serves clients through operations across the United States, its territories and more than 35 countries. Bank of America Corporation stock (NYSE: BAC) is listed on the New York Stock Exchange.

Investors may contact

Lee McEntire, Bank of America
Phone: 1.980.388.6780
lee.mcentire@bofa.com
 

Jonathan G. Blum, Bank of America (Fixed Income)

Phone: 1.212.449.3112

jonathan.blum@bofa.com

Reporters may contact

Jocelyn Seidenfeld, Bank of America

Phone: 1.646.743.3356

jocelyn.seidenfeld@bofa.com 

 

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SOURCE Bank of America Corporation