BAC · News · 20260918N
Guidance and Outlook
BANK OF AMERICA CORP /DE/ · 2026-09-18 · Importance 50 · Surprise 58 · In source text
Bank of America management cautioned that third-quarter investment banking revenue could decline 10%–20% from the comparable period. The outlook indicates weaker near-term capital-markets fee generation despite the company’s reported second-quarter revenue of $31.56 billion. The reported decline range exceeds the 10% materiality threshold for forward-looking metrics.
Key facts
- Bank of America management cautioned about a potential 10%-20% decline in third-quarter investment banking revenue. source
- Bank of America initiated coverage of Natural Grocers by Vitamin Cottage (NGVC) with a "buy" rating and a $35 price target. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| revenue | negative | probable | — | Bank of America management cautioned about a potential 10%-20% decline in third-quarter investment banking revenue. |