Bank of America 2Q26: net income $9.1B, EPS $1.21 as revenue rises 15%
Bullish. Bank of America's 2Q26 revenue of $31.56 billion rose 15% and EPS of $1.21 beat the $1.1428 consensus, with net income of $9.07 billion up 27%. Read that as broad-based rather than one-off: net interest income, trading and fee lines all grew, credit costs fell, and $8.00 billion went back to shareholders. There is no numeric guidance to grade, only management's qualitative comments.
1 · Expected vs. Actual
Free preview belowEPS of $1.21 was up 34% from $0.90 and beat the $1.1428 consensus by roughly $0.07, or about 5.9%. Net income of $9.07 billion rose 27%, and the tax charge of $2.49 billion was up from last year's $1.50 billion. Average diluted shares fell to 7.29 billion from 7.65 billion a year ago, which flattered per-share growth relative to net income growth.
Revenue of $31.56 billion rose 15% from $27.44 billion a year ago, with net interest income of $16.0 billion up 9%. The gain was not one engine: sales and trading, asset management fees and investment banking fees all contributed, and investment banking fees rose 50% to $2.1 billion. Note that the four reported segments add to more than the consolidated total, because All Other posted negative $744 million of revenue and segments are reported on a fully taxable-equivalent basis.
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Figures on this page come from the company's original SEC filings. The analysis is generated automatically and checked against validation rules, but may still contain errors or omissions. Not investment advice. · Generated 2026-09-17
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