Bank of America reported second-quarter 2026 earnings that exceeded Wall Street expectations, driven by growth across net interest income, investment banking, trading, and wealth management. Earnings per share came in at $1.21, above the consensus estimate of $1.12, while revenue reached $31.6 billion, topping expectations of $30.67 billion. Net interest income rose 9% year over year to $16 billion, and the provision for credit losses declined to $1.4 billion from $1.6 billion a year earlier. Investment banking fees surged 50% to $2.1 billion, and sales and trading revenue jumped 33% to $7.1 billion, led by a 70% increase in equities revenue. CEO Brian Moynihan highlighted that every business segment posted double-digit net income growth, with the company returning $8 billion to shareholders.
Bank of America CorpBank of America reported Q2 earnings that beat estimates on broad-based revenue growth, with EPS of $1.21 vs $1.12 consensus and revenue of $31.6B vs $30.67B.