BAC · News · 20261020N

Quarterly Earnings Performance

BANK OF AMERICA CORP /DE/ · 2026-10-20 · Importance 18 · Surprise 14

Bank of America reported quarterly EPS of $1.08, slightly below analyst expectations, while revenue increased 3.2% year over year. Second-quarter average loans increased 8% year over year, with Global Banking balances up 8% and consumer balances up approximately 1%. Deposits increased 2% year over year, while net interest income rose 9%.

Key facts

• Bank of America deposits rose 2% year over year for the second quarter. source
• Net interest income at Bank of America increased 9%. source
• Bank of America trades at approximately 11x forward P/E versus 13x trailing P/E. source
• Bank of America revenue increased by 3.2% year over year. source
• Bank of America recently reported quarterly EPS of $1.08. source