BAC · News · 20261018N
Quarterly Earnings and Dividend
BANK OF AMERICA CORP /DE/ · 2026-10-18 · Importance 37 · Surprise 6 · In source text
Bank of America reported third-quarter EPS of $1.08 and revenue of $29.96 billion. Both EPS and revenue slightly missed analyst expectations. The bank raised its quarterly common-stock dividend to $0.32 per share.
Key facts
- CRA Financial Services LLC increased its stake in Bank of America by 36.4% in the third quarter, bringing its total holdings to 61,185 shares valued at $3.33 million. source
- Bank of America reported third-quarter revenue of $29.96 billion. source
- Bank of America raised its quarterly common-stock dividend to $0.32 per share. source
- SteelPeak Wealth LLC increased its stake in Bank of America by 26.2% in the third quarter, purchasing an additional 31,647 shares to own a total of 152,274 shares valued at $8.3 million. source
- Bank of America has a $3.43 trillion balance sheet. source
- Forbes J M & Co. LLP purchased 70,284 shares of Bank of America, bringing its total holdings to 534,633 shares valued at $29.1 million. source
- Forbes J M & Co. LLP's purchase reflected a 15.1% rise in their Bank of America ownership during the third quarter. source
- Bank of America slightly missed third-quarter earnings and revenue expectations. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| revenue | positive | realized | — | Bank of America reported third-quarter revenue of $29.96 billion. |
| cash | negative | committed | — | Bank of America raised its quarterly common-stock dividend to $0.32 per share. |