BAC · News · 20261019N

Quarterly Earnings Performance

BANK OF AMERICA CORP /DE/ · 2026-10-19 · Importance 13 · Surprise 6

Bank of America reported higher quarterly revenue but a softer bottom line. The earnings decline was attributed to a cautious credit backdrop, lending-margin pressure, trading flows, higher costs, reserve builds, or one-time items. The report said revenue increased across the bank’s diversified business segments, but it did not provide segment-level dollar amounts.

Key facts

• BDF Gestion reduced its stake in Bank of America by 30.9% in the third quarter, selling 31,437 shares and retaining 70,184 shares valued at $3.82 million. source
• Bank of America recently missed earnings estimates, according to the MarketBeat item. source
• Bank of America reported a mixed quarter with higher revenue but a softer bottom line. source
• Institutional investors collectively own 70.71% of Bank of America. source