Bank of America Corporation posted first-quarter 2026 earnings that comfortably beat analyst expectations. The firm reported diluted earnings per share of $1.11, surpassing the Wall Street consensus forecast of $1.01 to $1.02 per share. Total revenue grew 7.2% year-over-year to $30.43 billion, while net interest income expanded 9% to $15.9 billion, exceeding the $15.67 billion forecast reported by CNBC. Investment banking fees surged 21% to $1.8 billion, driven by roles in major deals including Devon Energy's $26 billion transaction and Boston Scientific's $14.9 billion acquisition of Penumbra. Berkshire Hathaway, which has held a stake in the bank since the third quarter of 2017, owned over 513 million shares as of the first quarter of 2026, down slightly from the prior quarter.
Bank of America CorpBank of America beat Q1 2026 earnings estimates with $1.11 diluted EPS, revenue growth, and strong investment banking fees.
Berkshire Hathaway Inc
Boston Scientific Corp
Devon Energy Corporation
Penumbra Inc