NYSE$BAC

Bank of America Corp · Q2 2026 earnings

Q2 2026 earnings · · Before market open · Investor relations

Briefing

Bank of America Corp reported Q2 2026 net income of $9.1 billion and diluted EPS of $1.21, up 34% year-over-year.

Bank of America delivered strong Q2 2026 results with revenue of $31.6 billion, up 15% year-over-year, driven by growth across all business segments. Net income rose 27% to $9.1 billion, supported by higher net interest income, sales and trading revenue, and investment banking fees. The company maintained a strong balance sheet with CET1 ratio of 11.2% and returned $8.0 billion to shareholders.

  • Revenue increased 15% YoY to $31.6 billion with double-digit net income growth in every business segment.
  • Diluted EPS rose 34% to $1.21; operating leverage of 6.6% and efficiency ratio improved 359 bps to 59%.
  • Average deposits grew to $2.02 trillion and average loans and leases reached $1.22 trillion, both up year-over-year.
  • CET1 ratio remained strong at 11.2%; $8.0 billion returned to shareholders via dividends and buybacks.

Headline financials

Total Revenue

$31.6B

Previous: $26.5B+19.4%
EPS (adj)

$1.21

Previous: $0.89+36.0%
Average Deposits

$2.02T

No prior period
Book Value per Share

$39.34

No prior period
Tangible Book Value per Share

$29.37

No prior period
Net Charge-offs

$1.4B

No prior period
CET1 Ratio

11.2%

No prior period
Net Income

$9.1B

Previous: $7.12B+27.9%
Operating Income

$12.9B

Previous: -$384M+3459.4%
Total Assets

$3.5T

Previous: $3.44T+1.7%

Revenue & EPS history

Bank of America · Revenue · Quarterly

$31.6B

Q2 2026+19.4%vs Q2 2025
Beat estimate in 11 of 16 quarters(69%)
ActualEstimate

Revenue by segment

Bank of America · $31.7B total across 5 segments · Q2 2026

  • Consumer Banking
    $11.3B
  • Global Markets
    $8.02B
  • Global Wealth & Investment Mgmt
    $6.87B
  • Global Banking
    $6.24B
  • All Other
    -$744M

Forward guidance

Near-term pipelines remain strong with commercial borrowing picking up; continued focus on client relationships and disciplined expense management.

Tailwinds

  • Strong revenue growth across segments
  • Improved efficiency ratio and operating leverage

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports

Historical avg

+0.4%

Avg return

Earnings day

+1.1%

Avg return

5 days after

+3.9%

Avg return

30 days after

56%

41 / 73 earnings

Positive

+10.0%

Q3 2022

Best reaction

-14.4%

Q2 2011

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q2 2026
Q4 2025-3.5%+1.1%-6.7%
Q1 2026+0.1%+1.1%-6.7%
Q3 2025+4.2%+3.9%+5.0%
Q2 2025+1.0%+1.8%+7.1%
Q1 2025+3.6%+2.0%+21.0%
Q4 2024-1.2%-0.9%-0.3%
Q3 2024+2.1%+1.0%+9.5%
Q2 2024+5.0%+2.4%-6.8%
Q1 2024-2.0%+2.8%+9.1%
Q4 2023-3.1%+1.3%+11.5%
Q3 2023+1.2%-2.5%+9.4%
Q2 2023+7.2%+8.8%-0.4%
Q1 2023-1.0%-1.6%-6.3%
Q4 2022+0.1%-2.2%+3.2%
Q3 2022+10.0%+10.3%+17.9%
Q2 2022+3.4%+3.7%+12.9%
Q1 2022+5.3%-0.0%-7.2%
Q4 2021-1.1%-3.7%-0.6%
Q3 2021+7.5%+7.7%+8.7%
Q2 2021-2.6%-7.4%+4.4%
Q1 2021-1.8%-4.5%+6.2%
Q4 2020-2.0%-4.4%+3.6%
Q3 2020-3.2%-4.9%+8.2%
Q2 2020-5.6%-0.7%+7.6%
Q1 2020-9.7%-5.2%-9.7%
Q4 2019-1.7%-1.7%-1.3%
Q3 2019+1.8%+4.3%+10.8%
Q2 2019+1.7%+2.0%-6.8%
Q1 2019+0.6%+0.6%-4.2%
Q4 2018+9.2%+10.4%+9.6%
Q3 2018+0.2%-0.5%-4.4%
Q2 2018+5.1%+5.5%+6.3%
Q1 2018+0.8%+1.5%+4.2%
Q4 2017+0.8%+2.2%+2.3%
Q3 2017+3.1%+4.0%+4.2%
Q2 2017+0.2%-0.9%-1.6%
Q1 2017-0.3%-0.4%-0.3%
Q4 2016-3.8%-1.3%+0.7%
Q3 2016+1.6%+4.2%+23.4%
Q2 2016+4.4%+5.3%+10.9%
Q1 2016+1.5%
Q4 2015-5.3%
Q3 2015+4.3%
Q2 2015+4.8%
Q1 2015-0.2%
Q4 2014-4.1%
Q3 2014-2.7%
Q2 2014-3.9%
Q1 2014-1.5%
Q4 2013+1.8%
Q3 2013+2.9%
Q2 2013+6.0%
Q1 2013-6.8%
Q4 2011+0.4%
Q4 2012-5.4%
Q3 2012+0.1%
Q2 2012-8.3%
Q1 2012+1.1%
Q3 2011-3.4%
Q2 2011-14.4%
Q1 2011-0.6%
Q4 2010+2.3%
Q4 2007+2.3%
Q3 2010+3.9%
Q2 2010-0.8%
Q4 2008-0.8%
Q4 2009-0.8%
Q1 2009+6.3%
Q1 2010+1.6%
Q3 2009+4.2%
Q3 2008+4.2%
Q2 2009-0.1%
Q2 2008-0.1%

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