BAC · News · 20260916N

Investment Banking Fee Outlook

BANK OF AMERICA CORP /DE/ · 2026-09-16 · Importance 60 · Surprise 40 · In source text

Bank of America’s CEO projected third-quarter investment-banking fees of $1.6 billion to $1.8 billion. The outlook represents a potential 10% to 20% year-over-year decline. Investment banking contributes approximately 7% of total company revenue, while consumer banking, wealth management, trading, and net interest income provide larger revenue streams. The lower fee outlook is expected to be assessed with the company’s third-quarter earnings report.

Key facts

Impact estimates

metricdirectionstageexpectedbasis
revenuenegativeprobable—The CEO said the $1.6 billion to $1.8 billion Q3 investment-banking fees represent a potential drop of 10% to 20% compared to the previous…