BAC · News · 20260915N

Trading Revenue Outlook

BANK OF AMERICA CORP /DE/ · 2026-09-15 · Importance 50 · Surprise 58

Bank of America expects third-quarter investment-banking fees to decline at least 10% year over year after strong growth in the first half of 2026. CEO Brian Moynihan said investment-banking fees and trading revenue will fall notably short of earlier 2026 growth, indicating weaker capital-markets activity. Rising wealth-management fees, net interest income, and loans are expected to cushion the impact on fee income. The outlook implies a potential investment-banking fee decline of approximately 15% according to one report, although the bank cited a strong deal pipeline and characterized the weakness as a market normalization.